Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges

	Nine months ended September 30,				Years ended December 31,
(in millions)	2017		2016		2016		2015		2014		2013		2012
Income before income taxes	$	1,037	$	331	$	716	$	590	$	524	$	986	$	365
Less: Undistributed income (loss) from equity investees		96		46		97		43		25		20		15
Less: Noncontrolling interests		—		—		—		16		15		81		—
Add: Fixed charges, excluding deferred sales inducements additions and deferred financing costs		1,907		1,136		1,364		785		1,931		1,131		314
Add: Amortization of deferred sales inducements		42		19		39		21		4		16		25
Add: Amortization of deferred financing costs		—		—		2		3		3		—		—
Earnings available for fixed charges	$	2,890	$	1,440	$	2,024	$	1,340	$	2,422	$	2,032	$	689
Interest expensed and capitalized	$	2,027	$	1,280	$	1,563	$	920	$	2,044	$	1,167	$	321
Deferred financing costs		—		—		—		—		—		8		—
Estimated interest component of rent expense		1		1		1		1		—		1		—
Fixed charges	$	2,028	$	1,281	$	1,564	$	921	$	2,044	$	1,176	$	321
Ratio of earnings available for fixed charges to fixed charges		1.43		1.12		1.29		1.45		1.18		1.73		2.15