Exhibit 12.1

Kohl’s Corporation

Ratio of Earnings to Fixed Charges

(Dollars in Thousands)

	2007			2006			2005
Earnings
Income before income taxes	$	1,742,061		$	1,774,445		$	1,345,790
Fixed Charges		347,460			267,260			250,028
Less: interest capitalized during period		(16,346	)		(7,684	)		(7,297	)
	$	2,073,175		$	2,034,021		$	1,588,521
Fixed Charges
Interest (expensed or capitalized)	$	98,758		$	74,427		$	79,383
Portion of rent expense representative of interest		248,008			192,209			169,953
Amortization of deferred financing fees		694			624			692
	$	347,460		$	267,260		$	250,028
Ratio of earnings to fixed charges		5.97			7.61			6.35