Exhibit 12.1

Kohl’s Corporation

Ratio of Earnings to Fixed Charges

(Dollars in Millions)

	2010			2009			2008
Earnings
Income before income taxes	$	1,782		$	1,588		$	1,425
Fixed Charges		502			462			408
Less: interest capitalized during period		(6	)		(5	)		(8	)
	$	2,278		$	2,045		$	1,825
Fixed Charges
Interest (expensed or capitalized)	$	147		$	139		$	140
Portion of rent expense representative of interest		354			322			267
Amortization of deferred financing fees		1			1			1
	$	502		$	462		$	408
Ratio of earnings to fixed charges		4.5			4.4			4.5