EX-12 2 q2fy13exhibit12.htm EXHIBIT 12 Q2 FY13 Exhibit 12


Exhibit 12

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

 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended
Mar 31, 2013
 
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

 
 
1,504

Fixed charges
351

 
362

 
398

 
370

 
373

 
 
184

Earnings, as defined
$
3,996

 
2,812

 
3,277

 
4,001

 
3,488

 
 
1,688

 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
$
244

 
244

 
280

 
246

 
241

 
 
118

One-third of all rents
107

 
118

 
118

 
124

 
132

 
 
66

Total fixed charges
$
351

 
362

 
398

 
370

 
373

 
 
184

 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
 11.4X

 
 7.8X

 
 8.2X

 
 10.8X

 
 9.4X

 
 
9.2X