Attached files

file filename
10-K - 10-K - KOHLS Corpkohls_10kx2016.htm
EX-32.2 - SECTION 906 CERTIFICATION OF CFO - KOHLS Corpex322201610-k.htm
EX-32.1 - SECTION 906 CERTIFICATION OF CEO - KOHLS Corpex321201610-k.htm
EX-31.2 - SECTION 302 CERTIFICATION OF CFO - KOHLS Corpexhibit312201610-k.htm
EX-31.1 - SECTION 302 CERTIFICATION OF CEO - KOHLS Corpexhibit311201610-k.htm
EX-23.1 - CONSENT OF ERNST & YOUNG LLP - KOHLS Corpexhibit231201610-k.htm
EX-10.19B - AMENDED EMPLOYMENT AGREEMENT - WESLEY S MCDONALD - KOHLS Corpexhibit1019b.htm
EX-10.16 - SUMMARY OF OUTSIDE DIRECTOR COMPENSATION - KOHLS Corpexhibit1016.htm


Exhibit 12.1


KOHL'S CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
2016
2015
2014
Earnings
 
 
 
Income before income taxes, including non-recurring items
$
875

$
1,057

$
1,349

Fixed charges
484

512

524

Less: Interest capitalized during period
(1
)
0

(2
)
 
$
1,358

$
1,569

$
1,871

Fixed charges
 
 
 
Interest (expensed or capitalized)
$
309

$
329

$
342

Portion of rent expense representative of interest
173

181

180

Amortization of deferred financing fees
2

2

2

 
$
484

$
512

$
524

Ratio of earnings to fixed charges
2.8

3.1

3.6