EX-12 2 v335590_ex12.htm EXHIBIT 12

Exhibit 12

FOOT LOCKER, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
($ in millions)

         
  Fiscal Year Ended
     Feb. 2,
2013
  Jan. 28,
2012
  Jan. 29,
2011
  Jan. 30,
2010
  Jan. 31,
2009
NET EARNINGS  
Income (loss) from continuing operations   $ 397     $ 278     $ 169     $ 47     $ (79 ) 
Income tax expense (benefit)     210       157       88       26       (21 ) 
Interest expense, excluding capitalized interest     11       13       14       13       16  
Portion of rents deemed representative of the interest factor (1/3)     222       218       213       217       225  
     $ 840     $ 666     $ 484     $ 303     $ 141  
FIXED CHARGES  
Gross interest expense   $ 11     $ 13     $ 14     $ 13     $ 16  
Portion of rents deemed representative of the interest factor (1/3)     222       218       213       217       225  
     $ 233     $ 231     $ 227     $ 230     $ 241  
RATIO OF EARNINGS TO FIXED CHARGES     3.6       2.9       2.1       1.3       0.6