EX-12 3 ex12.htm EXHIBIT 12 ex12.htm
 
CIGNA  CORPORATION
       
Exhibit 12
 
COMPUTATION  OF  RATIO  OF  EARNINGS  TO  FIXED  CHARGES
           
(Dollars in millions)
           
   
Six Months Ended
 
   
June 30,
 
   
2007
   
2006
 
             
Income from continuing operations before income taxes
  $
741
    $
936
 
                 
Adjustments:
               
   (Income) from equity investee
    (1 )    
-
 
                 
Income from continuing operations before income taxes, as adjusted
   
740
     
936
 
                 
Fixed charges included in income:
               
                 
Interest expense
  $
61
    $
49
 
Interest portion of rental expense
   
17
     
17
 
                 
     
78
     
66
 
                 
Interest credited to contractholders
   
-
     
-
 
                 
    $
78
    $
66
 
                 
Income available for fixed charges (including interest
               
credited to contractholders)
  $
818
    $
1,002
 
                 
Income available for fixed charges (excluding interest
               
credited to contractholders)
  $
818
    $
1,002
 
                 
RATIO OF EARNINGS TO FIXED CHARGES:
               
                 
Including interest credited to contractholders
   
10.5
     
15.2
 
                 
SUPPLEMENTAL RATIO:
               
                 
Excluding interest credited to contractholders
   
10.5
     
15.2