Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - FOOT LOCKER, INC.Financial_Report.xls
EX-15 - EXHIBIT 15 - FOOT LOCKER, INC.v319945_ex15.htm
EX-99 - EXHIBIT 99 - FOOT LOCKER, INC.v319945_ex99.htm
EX-31.2 - EXHIBIT 31.2 - FOOT LOCKER, INC.v319945_ex31-2.htm
EX-32.1 - EXHIBIT 32.1 - FOOT LOCKER, INC.v319945_ex32-1.htm
EX-31.1 - EXHIBIT 31.1 - FOOT LOCKER, INC.v319945_ex31-1.htm
10-Q - FORM 10-Q - FOOT LOCKER, INC.v319945_10q.htm

 

EXHIBIT 12

 

FOOT LOCKER, INC.

 

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Unaudited)

($ in millions)

 

  Twenty-six weeks                     
  ended    Fiscal year ended 
  July 28,   July 30,   Jan. 28,   Jan. 29,   Jan. 30,   Jan. 31,   Feb. 2, 
  2012   2011   2012   2011   2010   2009   2008 
NET EARNINGS                                   
Income (loss) from continuing operations  $187   $131   $278   $169   $47   $(79)  $43 
Income tax expense (benefit)   107    76    157    88    26    (21)   (93)
Interest expense, excluding capitalized interest   5    7    13    14    13    16    21 
Portion of rents deemed representative of the interest factor   109    106    218    213    217    225    224 
   $408   $320   $666   $484   $303   $141   $195 
FIXED CHARGES                                   
Gross interest expense  $5   $7   $13   $14   $13   $16   $21 
Portion of rents deemed representative of the interest factor   109    106    218    213    217    225    224 
   $114   $113   $231   $227   $230   $241   $245 
RATIO OF EARNINGS TO FIXED CHARGES   3.6    2.8    2.9    2.1    1.3    0.6    0.8