EX-12 3 q1fy14exhibit12.htm EXHIBIT 12 Q1 FY14 Exhibit 12


Exhibit 12

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

 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
Dec 31, 2013
 
Years ended September 30
 
 
 
 
2009

 
2010

 
2011

 
2012

 
2013

 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes
 
2,450

 
2,879

 
3,631

 
3,115

 
3,196

 
 
643

Fixed charges
 
362

 
398

 
370

 
373

 
373

 
 
95

Earnings, as defined
 
2,812

 
3,277

 
4,001

 
3,488

 
3,569

 
 
738

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
 
244

 
280

 
246

 
241

 
234

 
 
61

One-third of all rents
 
118

 
118

 
124

 
132

 
139

 
 
34

Total fixed charges
 
362

 
398

 
370

 
373

 
373

 
 
95

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
 
 7.8X

 
 8.2X

 
 10.8X

 
 9.4X

 
9.6X

 
 
7.7X