Attached files

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EX-10.16 - SUMMARY OF OUTSIDE DIRECTOR COMPENSATION - KOHLS Corpexhibit1016201510-k.htm
EX-23.1 - CONSENT OF ERNST & YOUNG LLP - KOHLS Corpexhibit231201510-k.htm
EX-31.1 - SECTION 302 CERTIFICATION OF CEO - KOHLS Corpexhibit311201510-k.htm
EX-31.2 - SECTION 302 CERTIFICATION OF CFO - KOHLS Corpexhibit312201510-k.htm
EX-32.2 - SECTION 906 CERTIFICATION OF CFO - KOHLS Corpex322201510-k.htm
EX-10.22 - EMPLOYMENT AGREEMENT - KOHLS Corpexhibit1022201510-k.htm
EX-32.1 - SECTION 906 CERTIFICATION OF CEO - KOHLS Corpex321201510-k.htm
10-K - 10-K - KOHLS Corpkohls_10kx2015.htm


Exhibit 12.1
Kohl's Corporation
Ratio of Earnings to Fixed Charges
(Dollars in Millions)

 
 
2015
 
2014
 
2013
Earnings
 
 
 
 
 
 
Income before income taxes excluding loss on extinguishment of debt
$
1,057

 
$
1,349

 
$
1,404

 
Fixed charges
512

 
524

 
517

 
Less: interest capitalized during period

 
(2
)
 
(1
)
 
 
$
1,569

 
$
1,871

 
$
1,920

Fixed charges
 
 
 
 
 
 
Interest (expensed or capitalized)
$
329

 
$
342

 
$
339

 
Portion of rent expense representative of interest
181

 
180

 
176

 
Amortization of deferred financing fees
2

 
2

 
2

 
 
$
512

 
$
524

 
$
517

Ratio of earnings to fixed charges
3.1

 
3.6

 
3.7