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Exhibit 12

TARGET CORPORATION
Computations of Ratios of Earnings to Fixed Charges for each of the
Five Years in the Period Ended January 30, 2010

				Fiscal Year Ended
Ratio of Earnings to Fixed Charges				Jan. 30, 2010			Jan. 31, 2009			Feb. 2, 2008			Feb. 3, 2007			Jan. 28, 2006
(millions)
Earnings from continuing operations before income taxes				$	3,872		$	3,536		$	4,625		$	4,497		$	3,860
	Capitalized interest				(9	)		(48	)		(66	)		(47	)		(42	)
		Adjusted earnings from continuing operations before income taxes			3,863			3,488			4,559			4,450			3,818
Fixed charges:
	Interest expense (a)				830			956			747			646			532
	Interest portion of rental expense				105			103			94			88			84
			Total fixed charges		935			1,059			841			734			616
			Earnings from continuing operations before income taxes and fixed charges	$	4,798		$	4,547		$	5,400		$	5,184		$	4,434
Ratio of earnings to fixed charges					5.13			4.29			6.42			7.06			7.21

(a)

Includes interest on debt and capital leases (including capitalized interest) and amortization of debt issuance costs. Excludes interest income and interest associated with unrecognized tax benefit liabilities, which is recorded within income tax expense.

63

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Exhibit 12