Attached files
| file | filename |
|---|---|
| EX-99 - EX-99 - FOOT LOCKER, INC. | fl-20171028xex99.htm |
| EX-32 - EX-32 - FOOT LOCKER, INC. | fl-20171028xex32.htm |
| EX-31.2 - EX-31.2 - FOOT LOCKER, INC. | fl-20171028xex31_2.htm |
| EX-31.1 - EX-31.1 - FOOT LOCKER, INC. | fl-20171028xex31_1.htm |
| EX-15 - EX-15 - FOOT LOCKER, INC. | fl-20171028xex15.htm |
| 10-Q - 10-Q - FOOT LOCKER, INC. | fl-20171028x10q.htm |
Exhibit 12
FOOT LOCKER, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
($ in millions)
|
|
Thirty-nine weeks ended |
Fiscal Year Ended |
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|
|
Oct. 28, |
Oct. 29, |
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 |
$ |
333 |
$ |
475 |
$ |
664 |
$ |
541 |
$ |
520 |
$ |
429 |
$ |
397 | |
|
Income tax expense |
165 | 248 | 340 | 296 | 289 | 234 | 210 | ||||||||
|
Interest expense, excluding capitalized interest |
9 | 9 | 11 | 11 | 11 | 11 | 11 | ||||||||
|
Portion of rents deemed representative of the interest factor (1/3) |
202 | 189 | 269 | 252 | 249 | 236 | 222 | ||||||||
|
|
$ |
709 |
$ |
921 |
$ |
1,284 |
$ |
1,100 |
$ |
1,069 |
$ |
910 |
$ |
840 | |
|
FIXED CHARGES |
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|
Gross interest expense |
$ |
9 |
$ |
9 |
$ |
11 |
$ |
11 |
$ |
11 |
$ |
11 |
$ |
11 | |
|
Portion of rents deemed representative of the interest factor (1/3) |
202 | 189 | 269 | 252 | 249 | 236 | 222 | ||||||||
|
|
$ |
211 |
$ |
198 |
$ |
280 |
$ |
263 |
$ |
260 |
$ |
247 |
$ |
233 | |
|
|
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|
RATIO OF EARNINGS TO FIXED CHARGES |
3.4 | 4.7 | 4.6 | 4.2 | 4.1 | 3.7 | 3.6 | ||||||||