Attached files
file | filename |
---|---|
EX-10.16 - SUMMARY OF OUTSIDE DIRECTOR COMPENSATION - KOHLS Corp | exhibit1016201510-k.htm |
EX-23.1 - CONSENT OF ERNST & YOUNG LLP - KOHLS Corp | exhibit231201510-k.htm |
EX-31.1 - SECTION 302 CERTIFICATION OF CEO - KOHLS Corp | exhibit311201510-k.htm |
EX-31.2 - SECTION 302 CERTIFICATION OF CFO - KOHLS Corp | exhibit312201510-k.htm |
EX-32.2 - SECTION 906 CERTIFICATION OF CFO - KOHLS Corp | ex322201510-k.htm |
EX-10.22 - EMPLOYMENT AGREEMENT - KOHLS Corp | exhibit1022201510-k.htm |
EX-32.1 - SECTION 906 CERTIFICATION OF CEO - KOHLS Corp | ex321201510-k.htm |
10-K - 10-K - KOHLS Corp | kohls_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 |