EX-12 10 exhibit12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

EXHIBIT 12

FOOT LOCKER, INC.

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

      Fiscal Year Ended 
 Feb 3,        Jan. 28,        Jan. 29,        Jan. 31,        Feb. 1, 
 2007   2006   2005   2004   2003 
NET EARNINGS                    
Income from continuing operations   $ 247   $ 263   $ 255  $ 209  $ 162
Income tax expense   145   142 119 115 84
Interest expense, excluding capitalized interest 23   23 22 26 33
Portion of rents deemed representative of the      
       interest factor (1/3)     214   210     202   177   164
$ 629 $ 638 $ 598 $ 527 $ 443
FIXED CHARGES
Gross interest expense $ 23 $ 23 $ 22 $ 26 $ 33
Portion of rents deemed representative of the
       interest factor (1/3)   214   210   202   177   164
$ 237 $ 233 $ 224 $ 203 $ 197
RATIO OF EARNINGS TO FIXED CHARGES 2.7 2.7 2.7 2.6 2.2