EX-12 3 a18-19010_1ex12.htm EX-12

Exhibit 12

 

Cigna Corporation

Computation of Ratio of Earnings to Fixed Charges

 

 

 

Nine Months Ended

 

 

 

September 30,

 

 

 

 

 

 

 

 

(Dollars in millions)

 

2018

 

 

2017

 

Income before income taxes

 

$

3,353

 

 

$

2,848

 

Adjustments

 

 

 

 

 

 

(Income) loss from equity investees, net of distributions

 

(13)

 

 

2

 

(Income) loss attributable to noncontrolling interests

 

(6)

 

 

6

 

Income before income taxes, as adjusted

 

$

3,334

 

 

$

2,856

 

Fixed charges included in income

 

 

 

 

 

 

Interest expense

 

$

219

 

 

$

183

 

Interest portion of rental expense

 

39

 

 

39

 

Interest credited to contractholders

 

1

 

 

2

 

Total fixed charges included in income

 

$

259

 

 

$

224

 

Income available for fixed charges

 

$

3,593

 

 

$

3,080

 

RATIO OF EARNINGS TO FIXED CHARGES:

 

13.9

 

 

13.8