Attached files
file | filename |
---|---|
EX-99 - EX-99 - FOOT LOCKER, INC. | fl-20170429xex99.htm |
EX-32 - EX-32 - FOOT LOCKER, INC. | fl-20170429xex32.htm |
EX-31.2 - EX-31.2 - FOOT LOCKER, INC. | fl-20170429xex31_2.htm |
EX-31.1 - EX-31.1 - FOOT LOCKER, INC. | fl-20170429xex31_1.htm |
EX-15 - EX-15 - FOOT LOCKER, INC. | fl-20170429xex15.htm |
10-Q - 10-Q - FOOT LOCKER, INC. | fl-20170429x10q.htm |
FOOT LOCKER, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
($ in millions)
|
Thirteen weeks ended |
Fiscal Year Ended |
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|
April 29, |
April 30, |
Jan. 28, |
Jan. 30, |
Jan. 31, |
Feb. 1, |
Feb. 2, |
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|
2017 |
2016 |
2017 |
2016 |
2015 |
2014 |
2013 |
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NET EARNINGS |
|||||||||||||||
Net income |
$ |
180 |
$ |
191 |
$ |
664 |
$ |
541 |
$ |
520 |
$ |
429 |
$ |
397 | |
Income tax expense |
89 | 107 | 340 | 296 | 289 | 234 | 210 | ||||||||
Interest expense, excluding capitalized interest |
3 | 3 | 11 | 11 | 11 | 11 | 11 | ||||||||
Portion of rents deemed representative of the interest factor (1/3) |
67 | 63 | 269 | 252 | 249 | 236 | 222 | ||||||||
|
$ |
339 |
$ |
364 |
$ |
1,284 |
$ |
1,100 |
$ |
1,069 |
$ |
910 |
$ |
840 | |
FIXED CHARGES |
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Gross interest expense |
$ |
3 |
$ |
3 |
$ |
11 |
$ |
11 |
$ |
11 |
$ |
11 |
$ |
11 | |
Portion of rents deemed representative of the interest factor (1/3) |
67 | 63 | 269 | 252 | 249 | 236 | 222 | ||||||||
|
$ |
70 |
$ |
66 |
$ |
280 |
$ |
263 |
$ |
260 |
$ |
247 |
$ |
233 | |
|
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RATIO OF EARNINGS TO FIXED CHARGES |
4.8 | 5.5 | 4.6 | 4.2 | 4.1 | 3.7 | 3.6 |