Attached files
file | filename |
---|---|
10-K - FOOT LOCKER, INC. | v177389_10k.htm |
EX-21 - FOOT LOCKER, INC. | v177389_ex21.htm |
EX-32 - FOOT LOCKER, INC. | v177389_ex32.htm |
EX-23 - FOOT LOCKER, INC. | v177389_ex23.htm |
EX-31.2 - FOOT LOCKER, INC. | v177389_ex31x2.htm |
EX-31.1 - FOOT LOCKER, INC. | v177389_ex31x1.htm |
Exhibit 12
FOOT LOCKER, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
($ in millions)
Fiscal Year Ended | ||||||||||||||||||||
Jan. 30, 2010 |
Jan. 31, 2009 |
Feb. 2, 2008 |
Feb. 3, 2007 |
Jan. 28, 2006 |
||||||||||||||||
NET EARNINGS |
||||||||||||||||||||
Income (loss) from continuing operations | $ | 47 | $ | (79 | ) | $ | 43 | $ | 247 | $ | 263 | |||||||||
Income tax expense (benefit) | 26 | (21 | ) | (93 | ) | 145 | 142 | |||||||||||||
Interest expense, excluding capitalized interest | 13 | 16 | 21 | 23 | 23 | |||||||||||||||
Portion of rents deemed representative of the interest factor (1/3) | 217 | 225 | 224 | 214 | 210 | |||||||||||||||
$ | 303 | $ | 141 | $ | 195 | $ | 629 | $ | 638 | |||||||||||
FIXED CHARGES |
||||||||||||||||||||
Gross interest expense | $ | 13 | $ | 16 | $ | 21 | $ | 23 | $ | 23 | ||||||||||
Portion of rents deemed representative of the interest factor (1/3) | 217 | 225 | 224 | 214 | 210 | |||||||||||||||
$ | 230 | $ | 241 | $ | 245 | $ | 237 | $ | 233 | |||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 1.3 | 0.6 | 0.8 | 2.7 | 2.7 |