The Kroger Co. (KR) 10-Q 2017 Q3 Quarterly report

EXHIBIT 99.1

Schedule of computation of ratio of earnings to fixed charges of The Kroger Co. and consolidated subsidiary companies for the five fiscal years ended January 28, 2017 and for the first three quarters ended November 4, 2017 and November 5, 2016.

	November 4,		November 5,		January 28,		January 30,		January 31,		February 1,		February 2,
	2017		2016		2017		2016		2015		2014		2013
	(28 weeks)		(28 weeks)		(52 weeks)		(52 weeks)		(52 weeks)		(52 weeks)		(53 weeks)
Earnings:
Earnings before tax expense	$	1,588	$	2,182	$	2,914	$	3,094	$	2,649	$	2,282	$	2,302
Fixed charges		857		786		1,037		903		896		797		823
Capitalized interest		(10)		(10)		(13)		(9)		(5)		(5)		(3)
Pre-tax earnings before fixed charges	$	2,435	$	2,958	$	3,938	$	3,988	$	3,540	$	3,074	$	3,122
Fixed charges:
Interest	$	463	$	406	$	535	$	491	$	493	$	448	$	465
Portion of rental payments deemed to be interest		394		380		502		412		403		349		358
Total fixed charges	$	857	$	786	$	1,037	$	903	$	896	$	797	$	823
Ratio of earnings to fixed charges		2.8		3.8		3.8		4.4		4.0		3.9		3.8

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