EX-12 4 exhibit12fy12.htm EXHIBIT 12 Exhibit 12 FY12


Exhibit 12

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


 
Year Ended September 30,
 
2008
 
2009
 
2010
 
2011
 
2012
Earnings:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes
$
3,645

 
2,450

 
2,879

 
3,631

 
3,115

Fixed charges
351

 
362

 
398

 
370

 
373

Earnings, as defined
$
3,996

 
2,812

 
3,277

 
4,001

 
3,488

 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest Expense
$
244

 
244

 
280

 
246

 
241

One-third of all rents
107

 
118

 
118

 
124

 
132

Total fixed charges
$
351

 
362

 
398

 
370

 
373

 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
11.4X

 
7.8X

 
8.2X

 
10.8X

 
9.4X