Attached files
file | filename |
---|---|
10-Q - 10-Q - FOOT LOCKER, INC. | fl-20181103x10q.htm |
EX-99 - EX-99 - FOOT LOCKER, INC. | fl-20181103xex99.htm |
EX-32 - EX-32 - FOOT LOCKER, INC. | fl-20181103xex32.htm |
EX-31.2 - EX-31.2 - FOOT LOCKER, INC. | fl-20181103xex31_2.htm |
EX-31.1 - EX-31.1 - FOOT LOCKER, INC. | fl-20181103xex31_1.htm |
EX-15 - EX-15 - FOOT LOCKER, INC. | fl-20181103xex15.htm |
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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|
Nov. 3, |
Oct. 28, |
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 |
$ |
383 |
$ |
333 |
$ |
284 |
$ |
664 |
$ |
541 |
$ |
520 |
$ |
429 | |
Income tax expense |
107 | 165 | 294 | 340 | 296 | 289 | 234 | ||||||||
Interest expense, excluding capitalized interest |
9 | 9 | 12 | 11 | 11 | 11 | 11 | ||||||||
Portion of rents deemed representative of the interest factor (1/3) |
215 | 202 | 287 | 269 | 252 | 249 | 236 | ||||||||
|
$ |
714 |
$ |
709 |
$ |
877 |
$ |
1,284 |
$ |
1,100 |
$ |
1,069 |
$ |
910 | |
FIXED CHARGES |
|||||||||||||||
Gross interest expense |
$ |
9 |
$ |
9 |
$ |
12 |
$ |
11 |
$ |
11 |
$ |
11 |
$ |
11 | |
Portion of rents deemed representative of the interest factor (1/3) |
215 | 202 | 287 | 269 | 252 | 249 | 236 | ||||||||
|
$ |
224 |
$ |
211 |
$ |
299 |
$ |
280 |
$ |
263 |
$ |
260 |
$ |
247 | |
|
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RATIO OF EARNINGS TO FIXED CHARGES |
3.2 | 3.4 | 2.9 | 4.6 | 4.2 | 4.1 | 3.7 |