Foot Locker (FL) 10-Q 2005 Q2 Quarterly report

EXHIBIT 12

FOOT LOCKER, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
($ in millions)

	Twenty-six weeks ended				Fiscal Year Ended
	July 31, 2004		Aug. 2, 2003		Jan. 31, 2004		Feb. 1, 2003		Feb. 2, 2002		Feb. 3, 2001		Jan. 29, 2000
NET EARNINGS
Income from continuing operations	$	92	$	76	$	209	$	162	$	111	$	107	$	59
Income tax expense		39		41		115		84		64		69		38
Interest expense, excluding capitalized interest		12		13		26		33		35		41		65
Portion of rents deemed representative of the interest factor (1/3)		90		83		179		165		158		155		170
	$	233	$	213	$	529	$	444	$	368	$	372	$	332
FIXED CHARGES
Gross interest expense	$	12	$	13	$	26	$	33	$	35	$	42	$	67
Portion of rents deemed representative of the interest factor (1/3)		90		83		179		165		158		155		170
	$	102	$	96	$	205	$	198	$	193	$	197	$	237
RATIO OF EARNINGS TO FIXED CHARGES		2.3		2.2		2.6		2.2		1.9		1.9		1.4