EXHIBIT 12 - STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Unaudited) (Dollar amounts in thousands) Six Months Ended Fiscal Year Ended August 3 July 29 February 3 January 28 January 29 January 30 February 1 1996 1995 1996 1995 1994 1993 1992 Consolidated pretax income $152,262 $140,342 $269,653 $406,110 $399,534 $375,330 $322,157 Fixed charges (less capitalized interest) 66,163 65,170 $139,666 145,921 152,568 142,857 128,891 EARNINGS $218,425 $205,512 $409,319 $552,031 $552,102 $518,187 $451,048 Interest $58,809 $57,547 $120,054 $124,282 $130,915 $121,940 $109,386 Capitalized interest 2,041 2,169 $3,567 2,545 1,882 1,646 3,574 Interest factor in rent expense 7,354 7,605 $19,612 21,639 21,653 20,917 19,505 FIXED CHARGES $68,204 $67,321 $143,233 $148,466 $154,450 $144,503 $132,465 Ratio of earnings to fixed charges 3.20 3.05 2.86 3.72 3.57 3.59 3.41