Attached files
file | filename |
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10-Q - 10-Q - EMERSON ELECTRIC CO | emr-12312016x10q.htm |
EX-31 - EXHIBIT 31 - EMERSON ELECTRIC CO | q1fy17exhibit31.htm |
EX-32 - EXHIBIT 32 - EMERSON ELECTRIC CO | q1fy17exhibit32.htm |
EX-10.1 - EXHIBIT 10.1 - EMERSON ELECTRIC CO | q1fy17exhibit101.htm |
Exhibit 12
EMERSON ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
Three Months Ended December 31, 2016 | ||||||||||||||||||||
Years 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 | 464 | |||||||||||||
Fixed charges | 373 | 373 | 355 | 331 | 337 | 83 | ||||||||||||||
Earnings, as defined | $ | 2,750 | 2,864 | 3,546 | 4,138 | 2,653 | 547 | |||||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest Expense | $ | 241 | 234 | 218 | 200 | 215 | 53 | |||||||||||||
One-third of all rents | 132 | 139 | 137 | 131 | 122 | 30 | ||||||||||||||
Total fixed charges | $ | 373 | 373 | 355 | 331 | 337 | 83 | |||||||||||||
Ratio of Earnings to Fixed Charges | 7.4X | 7.7X | 10.0X | 12.5X | 7.9X | 6.6X |