EX-12 2 ex12.htm EXHIBIT 12 Unassociated Document
CIGNA CORPORATION
    
EXHIBIT 12 
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
        
(Dollars in millions)
        
   
Three Months Ended
   
March 31,
   
2006
  
2005
         
Income before income taxes
$
528
$
665
         
Fixed charges included in income:
        
         
Interest expense
$
25
$
26
Interest portion of rental expense
  
9
 
9
         
   
34
 
35
         
Interest credited to contractholders
  
-
 
1
         
 
$
34
$
36
         
Income available for fixed charges (including interest
        
credited to contractholders)
$
562
$
701
         
Income available for fixed charges (excluding interest
        
credited to contractholders)
$
562
$
700
         
RATIO OF EARNINGS TO FIXED CHARGES:
        
         
Including interest credited to contractholders
 
16.5
 
19.5
         
SUPPLEMENTAL RATIO:
        
         
Excluding interest credited to contractholders
 
16.5
 
20.0