EX-12 10 exhibit12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

EXHIBIT 12

FOOT LOCKER, INC.

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

Fiscal Ended
Feb. 2, Feb. 3, Jan. 28, Jan. 29, Jan. 31,
      2008       2007       2006       2005       2004
NET EARNINGS          
Income from continuing operations $ 49 $ 247   $ 263   $ 255 $ 209
Income tax (benefit) expense (99 ) 145 142   119 115
Interest expense, excluding capitalized interest 21 23 23 22 26
Portion of rents deemed representative of the
       interest factor (1/3) 224 214 210 202 177
  $ 195 $ 629 $ 638 $ 598 $ 527
FIXED CHARGES
Gross interest expense $ 21 $ 23 $ 23 $ 22 $ 26
Portion of rents deemed representative of the
       interest factor (1/3) 224 214 210 202 177
  $ 245 $ 237 $ 233 $ 224 $ 203
RATIO OF EARNINGS TO FIXED CHARGES 0.8 2.7 2.7 2.7 2.6

72