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