EXHIBIT 12
LEGGETT AND PLATT, INCORPORATED AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Amounts in millions of dollars)
<TABLE>
<CAPTION>
Nine Months Twelve Months Ended
Ended December 31,
9/30/00 9/30/99 1999 1998 1997 1996 1995
<S> <C> <C> <C> <C> <C> <C> <C>
Earnings
Income from continuing
operations before
income tax $347.1 $344.2 $462.6 $395.6 $333.3 $249.7 $220.6
Interest expense
(excluding amount
capitalized) 49.4 30.5 43.0 38.5 31.8 30.0 30.4
Portion of rental
expense under
operating leases
representative
of an interest factor 7.1 6.2 8.2 6.7 6.1 5.5 5.1
-----------------------------------------------------------------------------
Total earnings $403.6 $380.9 $513.8 $440.8 $371.2 $285.2 $256.1
=============================================================================
Fixed charges
Interest expense
(including amount
capitalized) $50.2 $31.1 $44.0 $39.2 $32.7 $31.0 $31.4
Portion of rental expense
under operating leases
representative
of an interest factor 7.1 6.2 8.2 6.7 6.1 5.5 5.1
-----------------------------------------------------------------------------
Total fixed charges $57.3 $37.3 $52.2 $45.9 $38.8 $36.5 $36.5
=============================================================================
Ratio of earnings to
fixed charges 7.0 10.2 9.8 9.6 9.6 7.8 7.0
=============================================================================
</TABLE>
Earnings consist principally of income from continuing operations before
income taxes, plus fixed charges. Fixed charges consist principally
of interest costs.
