Attached files
| file | filename |
|---|---|
| EX-31.1 - EX-31.1 - FOOT LOCKER, INC. | fl-20180505xex31_1.htm |
| EX-99 - EX-99 - FOOT LOCKER, INC. | fl-20180505xex99.htm |
| EX-32 - EX-32 - FOOT LOCKER, INC. | fl-20180505xex32.htm |
| EX-31.2 - EX-31.2 - FOOT LOCKER, INC. | fl-20180505xex31_2.htm |
| EX-15 - EX-15 - FOOT LOCKER, INC. | fl-20180505xex15.htm |
| 10-Q - 10-Q - FOOT LOCKER, INC. | fl-20180505x10q.htm |
Exhibit 12
FOOT LOCKER, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
($ in millions)
|
|
Thirteen weeks ended |
Fiscal Year Ended |
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|
|
May 5, |
Apr. 29, |
Feb. 3, |
Jan. 28, |
Jan. 30, |
Jan. 31, |
Feb. 1, |
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|
|
2018 |
2017 |
2018 |
2017 |
2016 |
2015 |
2014 |
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|
NET EARNINGS |
|||||||||||||||
|
Net income |
$ |
165 |
$ |
180 |
$ |
284 |
$ |
664 |
$ |
541 |
$ |
520 |
$ |
429 | |
|
Income tax expense |
64 | 89 | 294 | 340 | 296 | 289 | 234 | ||||||||
|
Interest expense, excluding capitalized interest |
3 | 3 | 12 | 11 | 11 | 11 | 11 | ||||||||
|
Portion of rents deemed representative of the interest factor (1/3) |
72 | 67 | 287 | 269 | 252 | 249 | 236 | ||||||||
|
|
$ |
304 |
$ |
339 |
$ |
877 |
$ |
1,284 |
$ |
1,100 |
$ |
1,069 |
$ |
910 | |
|
FIXED CHARGES |
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|
Gross interest expense |
$ |
3 |
$ |
3 |
$ |
12 |
$ |
11 |
$ |
11 |
$ |
11 |
$ |
11 | |
|
Portion of rents deemed representative of the interest factor (1/3) |
72 | 67 | 287 | 269 | 252 | 249 | 236 | ||||||||
|
|
$ |
75 |
$ |
70 |
$ |
299 |
$ |
280 |
$ |
263 |
$ |
260 |
$ |
247 | |
|
|
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|
RATIO OF EARNINGS TO FIXED CHARGES |
4.1 | 4.8 | 2.9 | 4.6 | 4.2 | 4.1 | 3.7 | ||||||||