Exhibit 12

 

EMERSON ELECTRIC CO. AND SUBSIDIARIES

COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)

 

																						Six Months
																						Ended
		Year Ended September 30,																				March 31,
		2006				2007				2008				2009				2010				2011
Earnings:
Earnings from continuing operations before income taxes		$	2,695				3,107				3,645				2,450				2,879				1,546
Fixed charges			308				356				351				362				398				188
Earnings, as defined		$	3,003				3,463				3,996				2,812				3,277				1,734
Fixed Charges:
Interest Expense		$	225				261				244				244				280				129
One-third of all rents			83				95				107				118				118				59
Total fixed charges		$	308				356				351				362				398				188
Ratio of Earnings to Fixed Charges			9.7X				9.7X				11.4X				7.8X				8.2X				9.2X

 

 

 

---