EX-12 2 exhibit12fy13.htm EXHIBIT 12 Exhibit 12 FY13


Exhibit 12

EMERSON ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)


 
Year Ended September 30,
 
2009

 
2010

 
2011

 
2012

 
2013

Earnings:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes
$
2,450

 
2,879

 
3,631

 
3,115

 
3,196

Fixed charges
362

 
398

 
370

 
373

 
373

Earnings, as defined
$
2,812

 
3,277

 
4,001

 
3,488

 
3,569

 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest Expense
$
244

 
280

 
246

 
241

 
234

One-third of all rents
118

 
118

 
124

 
132

 
139

Total fixed charges
$
362

 
398

 
370

 
373

 
373

 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
7.8X

 
8.2X

 
10.8X

 
9.4X

 
9.6X