EX-12 4 exhibit12.htm EX 12 Exhibit 12


Exhibit 12

EMERSON ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)

 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended
Mar 31, 2012
 
Year Ended September 30,
 
 
 
2007
 
2008
 
2009
 
2010
 
2011
 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes
$
3,107

 
3,645

 
2,450

 
2,879

 
3,631

 
 
1,367

Fixed charges
356

 
351

 
362

 
398

 
370

 
 
187

Earnings, as defined
$
3,463

 
3,996

 
2,812

 
3,277

 
4,001

 
 
1,554

 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
$
261

 
244

 
244

 
280

 
246

 
 
125

One-third of all rents
95

 
107

 
118

 
118

 
124

 
 
62

Total fixed charges
$
356

 
351

 
362

 
398

 
370

 
 
187

 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
 9.7X

 
 11.4X

 
 7.8X

 
 8.2X

 
 10.8X

 
 
8.3X