EX-12 5 c04189exv12.htm EXHIBIT 12 Exhibit 12
Exhibit 12
CIGNA CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
                 
    Six Months Ended  
    June 30,  
    2010     2009  
 
                
Income from continuing operations before income taxes
   $ 861     $ 903  
 
                
Adjustments:
                
Income from equity investee
     (11 )     (7 )
Income attributable to noncontrolling interest
     (2 )     (1 )
 
            
 
                
Income before income taxes, as adjusted
   $ 848     $ 895  
 
            
 
                
Fixed charges included in income:
                
 
                
Interest expense
   $ 88     $ 79  
Interest portion of rental expense
     23       23  
 
            
 
                
 
     111       102  
 
                
Interest credited to contractholders
     4       1  
 
            
 
                
 
   $ 115     $ 103  
 
            
 
                
Income available for fixed charges (including interest credited to contractholders)
   $ 963     $ 998  
 
            
 
                
Income available for fixed charges (excluding interest credited to contractholders)
   $ 959     $ 997  
 
            
 
                
RATIO OF EARNINGS TO FIXED CHARGES:
                
 
                
Including interest credited to contractholders
     8.4       9.7  
 
            
 
                
SUPPLEMENTAL RATIO:
                
 
                
Excluding interest credited to contractholders
     8.6       9.8