EX-12 3 v429676_exh12.htm EXHIBIT 12

Exhibit 12

FOOT LOCKER, INC.
 
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
($ in millions)

         
    Fiscal Year Ended
     Jan. 30,
2016		   Jan. 31,
2015		   Feb. 1,
2014		   Feb. 2,
2013		   Jan. 28,
2012
NET EARNINGS
                                             
Net income   $ 541     $ 520     $ 429     $ 397     $ 278  
Income tax expense     296       289       234       210       157  
Interest expense, excluding capitalized interest     11       11       11       11       13  
Portion of rents deemed representative of the interest factor (1/3)     252       249       236       222       218  
     $ 1,100     $ 1,069     $ 910     $ 840     $ 666  
FIXED CHARGES
                                             
Gross interest expense   $ 11     $ 11     $ 11     $ 11     $ 13  
Portion of rents deemed representative of the interest factor (1/3)     252       249       236       222       218  
     $ 263     $ 260     $ 247     $ 233     $ 231  
RATIO OF EARNINGS TO FIXED CHARGES     4.2       4.1       3.7       3.6       2.9