Attached files
Exhibit 12.1
Kohls Corporation
Ratio of Earnings to Fixed Charges
(Dollars in Millions)
2009 | 2008 | 2007 | ||||||||||
Earnings |
||||||||||||
Income before income taxes |
$ | 1,588 | $ | 1,425 | $ | 1,742 | ||||||
Fixed Charges |
462 | 408 | 347 | |||||||||
Less: interest capitalized during period |
(5 | ) | (8 | ) | (16 | ) | ||||||
$ | 2,045 | $ | 1,825 | $ | 2,073 | |||||||
Fixed Charges |
||||||||||||
Interest (expensed or capitalized) |
$ | 139 | $ | 140 | $ | 98 | ||||||
Portion of rent expense representative of interest |
322 | 267 | 248 | |||||||||
Amortization of deferred financing fees |
1 | 1 | 1 | |||||||||
$ | 462 | $ | 408 | $ | 347 | |||||||
Ratio of earnings to fixed charges |
4.42 | 4.47 | 5.97 | |||||||||