Attached files

file filename
EX-31.1 - EXHIBIT 31.1 - FOOT LOCKER, INC.v425429_ex31-1.htm
EX-31.2 - EXHIBIT 31.2 - FOOT LOCKER, INC.v425429_ex31-2.htm
EX-99 - EXHIBIT 99 - FOOT LOCKER, INC.v425429_ex99.htm
EX-32 - EXHIBIT 32 - FOOT LOCKER, INC.v425429_ex32.htm
EX-15 - EXHIBIT 15 - FOOT LOCKER, INC.v425429_ex15.htm
10-Q - FORM 10-Q - FOOT LOCKER, INC.v425429_10q.htm

  

Exhibit 12

 

FOOT LOCKER, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Unaudited)

($ in millions)

 

    Thirty-nine weeks        
    ended     Fiscal year ended  
    Oct. 31,     Nov. 1,     Jan. 31,     Feb. 1,     Feb. 2,     Jan. 28,     Jan. 29,  
    2015     2014     2015     2014     2013     2012     2011  
NET EARNINGS                                                        
Net income   $ 383     $ 374     $ 520     $ 429     $ 397     $ 278     $ 169  
Income tax expense     209       211       289       234       210       157       88  
Interest expense, excluding capitalized interest     8       8       11       11       11       13       14  
 Portion of rents deemed representative of the interest factor (1/3)     187       177       249       236       222       218       213  
    $ 787     $ 770     $ 1,069     $ 910     $ 840     $ 666     $ 484  
FIXED CHARGES                                                        
Gross interest expense   $ 8     $ 8     $ 11     $ 11     $ 11     $ 13     $ 14  
 Portion of rents deemed representative of the  interest factor (1/3)     187       177       249       236       222       218       213  
    $ 195     $ 185     $ 260     $ 247     $ 233     $ 231     $ 227  
RATIO OF EARNINGS TO FIXED CHARGES     4.0       4.2       4.1       3.7       3.6       2.9       2.1