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 |