Foot Locker (FL) 10-Q 2011 Q3 Quarterly report

EXHIBIT 12

FOOT LOCKER, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 (Unaudited)

 ($ in millions)

	Thirty-nine weeks
	ended				Fiscal year ended
	Oct. 29,		Oct. 30,		Jan. 29,		Jan. 30,		Jan. 31,			Feb. 2,			Feb. 3,
	2011		2010		2011		2010		2009			2008			2007
NET EARNINGS
Income (loss) from continuing operations	$	197	$	112	$	169	$	47	$	(79	)	$	43		$	247
Income tax expense (benefit)		115		55		88		26		(21	)		(93	)		145
Interest expense, excluding capitalized interest		9		10		14		13		16			21			23
Portion of rents deemed representative of the interest factor		160		163		213		217		225			224			214
	$	481	$	340	$	484	$	303	$	141		$	195		$	629
FIXED CHARGES
Gross interest expense	$	9	$	10	$	14	$	13	$	16		$	21		$	23
Portion of rents deemed representative of the interest factor		160		163		213		217		225			224			214
	$	169	$	173	$	227	$	230	$	241		$	245		$	237
RATIO OF EARNINGS TO FIXED CHARGES		2.8		2.0		2.1		1.3		0.6			0.8			2.7