Foot Locker (FL) 10-Q 2012 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. 27,		Oct. 29,		Jan. 28,		Jan. 29,		Jan. 30,		Jan. 31,			Feb. 2,
	2012		2011		2012		2011		2010		2009			2008
NET EARNINGS
Income (loss) from continuing operations	$	293	$	197	$	278	$	169	$	47	$	(79	)	$	43
Income tax expense (benefit)		156		115		157		88		26		(21	)		(93	)
Interest expense, excluding capitalized interest		8		9		13		14		13		16			21
Portion of rents deemed representative of the interest factor		164		160		218		213		217		225			224
	$	621	$	481	$	666	$	484	$	303	$	141		$	195
FIXED CHARGES
Gross interest expense	$	8	$	9	$	13	$	14	$	13	$	16		$	21
Portion of rents deemed representative of the interest factor		164		160		218		213		217		225			224
	$	172	$	169	$	231	$	227	$	230	$	241		$	245
RATIO OF EARNINGS TO FIXED CHARGES		3.6		2.8		2.9		2.1		1.3		0.6			0.8