Attached files
file | filename |
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EX-10.X - EXHIBIT 10(X) - EMERSON ELECTRIC CO | exhibit10x.htm |
EX-10.W - EXHIBIT 10(W) - EMERSON ELECTRIC CO | exhibit10w.htm |
EX-24 - EXHIBIT 24 - EMERSON ELECTRIC CO | exhibit24.htm |
EX-23 - EXHIBIT 23 - EMERSON ELECTRIC CO | exhibit23.htm |
EX-31 - EXHIBIT 31 - EMERSON ELECTRIC CO | exhibit31.htm |
EX-21 - EXHIBIT 21 - EMERSON ELECTRIC CO | exhibit21.htm |
EX-10.V - EXHIBIT 10(V) - EMERSON ELECTRIC CO | exhibit10v.htm |
EX-32 - EXHIBIT 32 - EMERSON ELECTRIC CO | exhibit32.htm |
10-K - FORM 10-K - EMERSON ELECTRIC CO | emr930201610-k.htm |
Exhibit 12
EMERSON ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
Year Ended September 30, | |||||||||||||||
2012 | 2013 | 2014 | 2015 | 2016 | |||||||||||
Earnings: | |||||||||||||||
Earnings from continuing operations before income taxes | $ | 2,377 | 2,491 | 3,191 | 3,807 | 2,316 | |||||||||
Fixed charges | 373 | 373 | 355 | 331 | 337 | ||||||||||
Earnings, as defined | $ | 2,750 | 2,864 | 3,546 | 4,138 | 2,653 | |||||||||
Fixed Charges: | |||||||||||||||
Interest expense | $ | 241 | 234 | 218 | 200 | 215 | |||||||||
One-third of all rents | 132 | 139 | 137 | 131 | 122 | ||||||||||
Total fixed charges | $ | 373 | 373 | 355 | 331 | 337 | |||||||||
Ratio of Earnings to Fixed Charges | 7.4X | 7.7X | 10.0X | 12.5X | 7.9X |