EX-12 2 ex12.htm EXHIBIT 12 Unassociated Document
CIGNA  CORPORATION
        
Exhibit 12
  
COMPUTATION  OF  RATIO  OF  EARNINGS  TO  FIXED  CHARGES
            
(Dollars in millions)
            
   
Nine Months Ended
  
   
September 30,
  
   
2007
    
2006
  
             
Income from continuing operations before income taxes
   $
1,243
     $
1,382
  
                 
Adjustments:
                
   (Income) from equity investee
     (2 )     (1 )
                 
Income from continuing operations before income taxes, as adjusted
   $
1,241
     $
1,381
  
                 
Fixed charges included in income:
                
                 
Interest expense
   $
91
     $
76
  
Interest portion of rental expense
    
25
      
25
  
                 
     
116
      
101
  
                 
Interest credited to contractholders
    
5
      
-
  
                 
    $
121
     $
101
  
                 
Income available for fixed charges (including interest
                
credited to contractholders)
   $
1,362
     $
1,482
  
                 
Income available for fixed charges (excluding interest
                
credited to contractholders)
   $
1,357
     $
1,482
  
                 
RATIO OF EARNINGS TO FIXED CHARGES:
                
                 
Including interest credited to contractholders
    
11.3
      
14.7
  
                 
SUPPLEMENTAL RATIO:
                
                 
Excluding interest credited to contractholders
    
11.7
      
14.7