EX-12 5 cigex12.htm EXHIBIT 12 EXHIBIT 12
Exhibit 12     

CIGNA CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions)

Year ended December 31,
 
2000 1999 1998 1997 1996
Income from continuing operations before                        
   income taxes   $ 1,497   $ 1,219   $ 1,858   $ 1,228   $ 1,228  
Fixed charges included in income:  
   Interest expense    104    116    126    127    102  
   Interest portion of rental expense    44    51    63    94    86  
     Total fixed charges included in income    148    167    189    221    188  
 
Minority interest    53    31    —    —    —  
Income available for fixed charges   $ 1,698   $ 1,417   $ 2,047   $ 1,449   $ 1,416  
Ratio of earnings to fixed charges   11.5   8.5   10.8   6.6   7.5