Attached files

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EX-99 - EX-99 - FOOT LOCKER, INC.fl-20170729xex99.htm
EX-32 - EX-32 - FOOT LOCKER, INC.fl-20170729xex32.htm
EX-31.2 - EX-31.2 - FOOT LOCKER, INC.fl-20170729xex31_2.htm
EX-31.1 - EX-31.1 - FOOT LOCKER, INC.fl-20170729xex31_1.htm
EX-15 - EX-15 - FOOT LOCKER, INC.fl-20170729xex15.htm
10-Q - 10-Q - FOOT LOCKER, INC.fl-20170729x10q.htm

Exhibit 12



FOOT LOCKER, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Unaudited)

($ in millions)







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Twenty-six weeks ended

 

 

Fiscal Year Ended



 

July 29,

 

July 30,

 

 

Jan. 28,

 

Jan. 30,

 

Jan. 31,

 

Feb. 1,

 

Feb. 2,



 

2017

 

2016

 

 

2017

 

2016

 

2015

 

2014

 

2013

NET EARNINGS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

231 

$

318 

 

$

664 

$

541 

$

520 

$

429 

$

397 

Income tax expense

 

111 

 

178 

 

 

340 

 

296 

 

289 

 

234 

 

210 

Interest expense, excluding capitalized interest

 

 

 

 

11 

 

11 

 

11 

 

11 

 

11 

Portion of rents deemed representative of the interest factor (1/3)

 

135 

 

126 

 

 

269 

 

252 

 

249 

 

236 

 

222 



$

483 

$

628 

 

$

1,284 

$

1,100 

$

1,069 

$

910 

$

840 

FIXED CHARGES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross interest expense

$

$

 

$

11 

$

11 

$

11 

$

11 

$

11 

Portion of rents deemed representative of the interest factor (1/3)

 

135 

 

126 

 

 

269 

 

252 

 

249 

 

236 

 

222 



$

141 

$

132 

 

$

280 

$

263 

$

260 

$

247 

$

233 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RATIO OF EARNINGS TO FIXED CHARGES

 

3.4 

 

4.8 

 

 

4.6 

 

4.2 

 

4.1 

 

3.7 

 

3.6