EX-12 2 a17-20609_1ex12.htm EX-12

Exhibit 12

 

Cigna Corporation

Computation of Ratio of Earnings to Fixed Charges

 

 

 

Nine Months Ended

 

 

 

September 30,

 

 

 

 

 

 

 

 

(Dollars in millions)

 

2017

 

 

2016

 

Income before income taxes

 

$

2,848

 

 

$

2,374

 

Adjustments:

 

 

 

 

 

 

Loss from equity investees, net of distributions

 

2

 

 

28

 

Loss attributable to noncontrolling interests

 

6

 

 

16

 

Income before income taxes, as adjusted

 

$

2,856

 

 

$

2,418

 

Fixed charges included in income:

 

 

 

 

 

 

Interest expense

 

$

183

 

 

$

188

 

Interest portion of rental expense

 

39

 

 

37

 

Interest credited to contractholders

 

2

 

 

1

 

Total fixed charges included in income

 

$

224

 

 

$

226

 

Income available for fixed charges

 

$

3,080

 

 

$

2,644

 

RATIO OF EARNINGS TO FIXED CHARGES:

 

13.8

 

 

11.7