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EX-31 - EXHIBIT 31 - EMERSON ELECTRIC COq3fy15exhibit31.htm
EX-32 - EXHIBIT 32 - EMERSON ELECTRIC COq3fy15exhibit32.htm
10-Q - 10-Q - EMERSON ELECTRIC COemr-6302015x10q.htm


Exhibit 12

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

 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended
June 30, 2015
 
Years ended September 30
 
 
 
 
2010

 
2011

 
2012

 
2013

 
2014

 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes
 
$
2,879

 
3,631

 
3,115

 
3,196

 
3,348

 
 
3,165

Fixed charges
 
398

 
370

 
373

 
373

 
355

 
 
253

Earnings, as defined
 
$
3,277

 
4,001

 
3,488

 
3,569

 
3,703

 
 
3,418

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
 
$
280

 
246

 
241

 
234

 
218

 
 
151

One-third of all rents
 
118

 
124

 
132

 
139

 
137

 
 
102

Total fixed charges
 
$
398

 
370

 
373

 
373

 
355

 
 
253

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
 
 8.2X

 
 10.8X

 
 9.4X

 
9.6X

 
10.4X

 
 
13.5X