Attached files
file | filename |
---|---|
EX-21 - EXHIBIT 21 - FOOT LOCKER, INC. | v429676_exh21.htm |
EX-23 - EXHIBIT 23 - FOOT LOCKER, INC. | v429676_exh23.htm |
EX-31.2 - EXHIBIT 31.2 - FOOT LOCKER, INC. | v429676_exh31x2.htm |
EX-10.19 - EXHIBIT 10.19 - FOOT LOCKER, INC. | v429676_ex10x19.htm |
EX-31.1 - EXHIBIT 31.1 - FOOT LOCKER, INC. | v429676_exh31x1.htm |
10-K - 10-K - FOOT LOCKER, INC. | v429676_10k.htm |
EX-32 - EXHIBIT 32 - FOOT LOCKER, INC. | v429676_exh32.htm |
Exhibit 12
FOOT LOCKER, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
($ in millions)
Fiscal Year Ended | ||||||||||||||||||||
Jan. 30, 2016 |
Jan. 31, 2015 |
Feb. 1, 2014 |
Feb. 2, 2013 |
Jan. 28, 2012 |
||||||||||||||||
NET EARNINGS |
||||||||||||||||||||
Net income | $ | 541 | $ | 520 | $ | 429 | $ | 397 | $ | 278 | ||||||||||
Income tax expense | 296 | 289 | 234 | 210 | 157 | |||||||||||||||
Interest expense, excluding capitalized interest | 11 | 11 | 11 | 11 | 13 | |||||||||||||||
Portion of rents deemed representative of the interest factor (1/3) | 252 | 249 | 236 | 222 | 218 | |||||||||||||||
$ | 1,100 | $ | 1,069 | $ | 910 | $ | 840 | $ | 666 | |||||||||||
FIXED CHARGES |
||||||||||||||||||||
Gross interest expense | $ | 11 | $ | 11 | $ | 11 | $ | 11 | $ | 13 | ||||||||||
Portion of rents deemed representative of the interest factor (1/3) | 252 | 249 | 236 | 222 | 218 | |||||||||||||||
$ | 263 | $ | 260 | $ | 247 | $ | 233 | $ | 231 | |||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 4.2 | 4.1 | 3.7 | 3.6 | 2.9 |