EX-12 2 q3fy13exhibit12.htm EXHIBIT Q3 FY13 Exhibit 12


Exhibit 12

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

 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended
June 30, 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

 
 
2,015

Fixed charges
351

 
362

 
398

 
370

 
373

 
 
273

Earnings, as defined
$
3,996

 
2,812

 
3,277

 
4,001

 
3,488

 
 
2,288

 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
$
244

 
244

 
280

 
246

 
241

 
 
174

One-third of all rents
107

 
118

 
118

 
124

 
132

 
 
99

Total fixed charges
$
351

 
362

 
398

 
370

 
373

 
 
273

 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
 11.4X

 
 7.8X

 
 8.2X

 
 10.8X

 
 9.4X

 
 
8.4X