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EXCEL - IDEA: XBRL DOCUMENT - EMERSON ELECTRIC COFinancial_Report.xls
EX-31 - EXHIBIT 31 - EMERSON ELECTRIC COq2fy15exhibit31.htm
10-Q - 10-Q - EMERSON ELECTRIC COemr-3312015x10q.htm
EX-32 - EXHIBIT 32 - EMERSON ELECTRIC COq2fy15exhibit32.htm


Exhibit 12

EMERSON ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION OF THE RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)

 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended
Mar 31, 2015
 
Years ended September 30
 
 
 
 
2010

 
2011

 
2012

 
2013

 
2014

 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes
 
$
2,879

 
3,631

 
3,115

 
3,196

 
3,348

 
 
2,369

Fixed charges
 
398

 
370

 
373

 
373

 
355

 
 
170

Earnings, as defined
 
$
3,277

 
4,001

 
3,488

 
3,569

 
3,703

 
 
2,539

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
 
$
280

 
246

 
241

 
234

 
218

 
 
102

One-third of all rents
 
118

 
124

 
132

 
139

 
137

 
 
68

Total fixed charges
 
$
398

 
370

 
373

 
373

 
355

 
 
170

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
 
 8.2X

 
 10.8X

 
 9.4X

 
9.6X

 
10.4X

 
 
14.9X