EX-12 2 ex12.htm EXHIBIT 12 Exhibit 12

CIGNA CORPORATION
  
 EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
        
(Dollars in millions)
        
   
Nine Months Ended
   
September 30,
   
2006
  
2005
         
Income from continuing operations before income taxes (benefits)
$
1,382
$
1,485
 
        
Adjustments:
        
Loss from equity investee
  
(1)
  
(1)
 
        
Income from continuing operations before income taxes (benefits), as adjusted
$
1,381
$
1,484
 
        
Fixed charges included in income:
        
 
        
Interest expense
$
76
$
79
Interest portion of rental expense
  
25
 
27
 
        
 
  
101
 
106
 
        
Interest credited to contractholders
  
-
 
1
         
 
$
101
$
107
 
 
 
 
 
Income available for fixed charges (including interest
 
 
 
 
credited to contractholders)
$
1,482
$
1,591
 
 
 
 
 
Income available for fixed charges (excluding interest
 
 
 
 
credited to contractholders)
$
1,482
$
1,590
         
RATIO OF EARNINGS TO FIXED CHARGES:
        
         
Including interest credited to contractholders
 
14.7
 
14.9
         
SUPPLEMENTAL RATIO:
        
         
Excluding interest credited to contractholders
 
14.7
 
15.0