EX-12 2 a12-20207_2ex12.htm EX-12

Exhibit 12

 

Cigna Corporation

Computation Of Ratio Of Earnings To Fixed Charges

 

 

 

 

Nine Months Ended

 

 

 

September 30,

 

 

 

 

 

 

 

 

(Dollars in millions) 

 

2012

 

 

2011

 

Income before income taxes

 

$

  1,858

 

 

$

  1,444

 

Adjustments:

 

 

 

 

 

 

Income from equity investee

 

(8)

 

 

(11)

 

Income attributable to noncontrolling interest

 

 - 

 

 

(1)

 

Income before income taxes, as adjusted

 

$

1,850

 

 

$

  1,432

 

Fixed charges included in income:

 

 

 

 

 

 

Interest expense

 

$

  201

 

 

$

  141

 

Interest portion of rental expense

 

 33

 

 

 32

 

Interest credited to contractholders

 

 3

 

 

 4

 

 

 

$

  237

 

 

$

  177

 

Income available for fixed charges

 

$

2,087

 

 

$

1,609

 

RATIO OF EARNINGS TO FIXED CHARGES:

 

8.8

 

 

9.1