Attached files

file filename
10-Q - FORM 10-Q - FOOT LOCKER, INC.v418921_10q.htm
EX-99 - EXHIBIT 99 - FOOT LOCKER, INC.v418921_ex99.htm
EX-15 - EXHIBIT 15 - FOOT LOCKER, INC.v418921_ex15.htm
EX-32 - EXHIBIT 32 - FOOT LOCKER, INC.v418921_ex32.htm
EX-10.1 - EXHIBIT 10.1 - FOOT LOCKER, INC.v418921_ex10-1.htm
EX-31.2 - EXHIBIT 31.2 - FOOT LOCKER, INC.v418921_ex31-2.htm
EX-10.3 - EXHIBIT 10.3 - FOOT LOCKER, INC.v418921_ex10-3.htm
EX-10.2 - EXHIBIT 10.2 - FOOT LOCKER, INC.v418921_ex10-2.htm
EX-31.1 - EXHIBIT 31.1 - FOOT LOCKER, INC.v418921_ex31-1.htm

 

Exhibit 12

 

FOOT LOCKER, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Unaudited)

($ in millions)

 

   Twenty-six weeks     
   ended   Fiscal year ended 
   August 1,   August 2,   Jan. 31,   Feb. 1,   Feb. 2,   Jan. 28,   Jan. 29, 
   2015   2014   2015   2014   2013   2012   2011 
NET EARNINGS                                   
Net income  $303   $254   $520   $429   $397   $278   $169 
Income tax expense   172    144    289    234    210    157    88 
Interest expense, excluding capitalized interest   5    5    11    11    11    13    14 
Portion of rents deemed representative of the interest factor (1/3)   125    118    249    236    222    218    213 
   $605   $521   $1,069   $910   $840   $666   $484 
FIXED CHARGES                                   
Gross interest expense  $5   $5   $11   $11   $11   $13   $14 
Portion of rents deemed representative of the interest factor (1/3)   125    118    249    236    222    218    213 
   $130   $123   $260   $247   $233   $231   $227 
RATIO OF EARNINGS TO FIXED CHARGES   4.7    4.2    4.1    3.7    3.6    2.9    2.1