EX-12.1 2 d385147dex121.htm RATIO OF EARNINGS TO FIXED CHARGES Ratio of Earnings to Fixed Charges

Exhibit 12.1

KOHL’S CORPORATION

RATIO OF EARNINGS TO FIXED CHARGES

(Unaudited)

(Dollars in Millions)

 

     Six Months Ended  
     July 28,
2 012		     July 30,
2011		  

Earnings

     

Income before income taxes

    $ 616      $ 790   

Fixed charges

      244        239   

Less: interest capitalized during period

      (1 )      (3 ) 
  

 

 

    

 

 

  
   $ 859      $ 1,026   
  

 

 

    

 

 

  

Fixed Charges

     

Interest (expensed or capitalized)

    $ 166      $ 153   

Portion of rent expense representative of interest

      77        85   

Amortization of deferred financing fees

      1        1   
  

 

 

    

 

 

  
   $ 244      $ 239   
  

 

 

    

 

 

  

Ratio of earnings to fixed charges

      3.5        4.3