Attached files
file | filename |
---|---|
10-K - 10-K - KOHLS Corp | kohls_10kx2016.htm |
EX-32.2 - SECTION 906 CERTIFICATION OF CFO - KOHLS Corp | ex322201610-k.htm |
EX-32.1 - SECTION 906 CERTIFICATION OF CEO - KOHLS Corp | ex321201610-k.htm |
EX-31.2 - SECTION 302 CERTIFICATION OF CFO - KOHLS Corp | exhibit312201610-k.htm |
EX-31.1 - SECTION 302 CERTIFICATION OF CEO - KOHLS Corp | exhibit311201610-k.htm |
EX-23.1 - CONSENT OF ERNST & YOUNG LLP - KOHLS Corp | exhibit231201610-k.htm |
EX-10.19B - AMENDED EMPLOYMENT AGREEMENT - WESLEY S MCDONALD - KOHLS Corp | exhibit1019b.htm |
EX-10.16 - SUMMARY OF OUTSIDE DIRECTOR COMPENSATION - KOHLS Corp | exhibit1016.htm |
Exhibit 12.1
KOHL'S CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions) | 2016 | 2015 | 2014 | ||||||
Earnings | |||||||||
Income before income taxes, including non-recurring items | $ | 875 | $ | 1,057 | $ | 1,349 | |||
Fixed charges | 484 | 512 | 524 | ||||||
Less: Interest capitalized during period | (1 | ) | 0 | (2 | ) | ||||
$ | 1,358 | $ | 1,569 | $ | 1,871 | ||||
Fixed charges | |||||||||
Interest (expensed or capitalized) | $ | 309 | $ | 329 | $ | 342 | |||
Portion of rent expense representative of interest | 173 | 181 | 180 | ||||||
Amortization of deferred financing fees | 2 | 2 | 2 | ||||||
$ | 484 | $ | 512 | $ | 524 | ||||
Ratio of earnings to fixed charges | 2.8 | 3.1 | 3.6 |