EX-12 2 v243491_ex12.htm EXHIBIT 12

Exhibit 12

FOOT LOCKER, INC.

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

         
  Fiscal Year Ended
     Jan. 28,
2012		   Jan. 29,
2011		   Jan. 30,
2010		   Jan. 31,
2009		   Feb. 2,
2008
NET EARNINGS
                                             
Income (loss) from continuing operations   $ 278     $ 169     $ 47     $ (79 )    $ 43  
Income tax expense (benefit)     157       88       26       (21 )      (93 ) 
Interest expense, excluding capitalized interest     13       14       13       16       21  
Portion of rents deemed representative of the interest factor (1/3)     218       213       217       225       224  
     $ 666     $ 484     $ 303     $ 141     $ 195  
FIXED CHARGES
                                             
Gross interest expense   $ 13     $ 14     $ 13     $ 16     $ 21  
Portion of rents deemed representative of the interest factor (1/3)     218       213       217       225       224  
     $ 231     $ 227     $ 230     $ 241     $ 245  
RATIO OF EARNINGS TO FIXED CHARGES     2.9       2.1       1.3       0.6       0.8