EXHIBIT 12 - STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Unaudited) (Dollar amounts in thousands) Six Months Ended Fiscal Year Ended July 30 July 31 January 29 January 30 February 1 February 2 February 3 1994 1993 1994 1993 1992 1991 1990 * Consolidated pretax income $132,356 $138,438 $399,534 $375,330 $322,157 $280,778 $227,892 Fixed charges (less capitalized interest) 71,508 74,856 152,604 142,892 128,925 115,125 107,782 EARNINGS $203,864 $213,294 $552,138 $518,222 $451,082 $395,903 $335,674 Interest $62,821 $66,427 $130,915 $121,940 $109,386 $97,032 $91,836 Preferred stock dividends 18 17 36 35 34 34 34 Capitalized interest 1,008 984 1,882 1,646 3,574 1,928 1,504 Interest factor in rent expense 8,669 8,412 21,653 20,917 19,505 18,059 15,912 FIXED CHARGES $72,516 $75,840 $154,486 $144,538 $132,499 $117,053 $109,286 Ratio of earnings to fixed charges 2.81 2.81 3.57 3.59 3.40 3.38 3.07