EX-12 3 ex12.htm EXHIBIT 12 ex12.htm
CIGNA  CORPORATION
    
  Exhibit 12
COMPUTATION  OF  RATIO  OF  EARNINGS  TO  FIXED  CHARGES
        
(Dollars in millions)
        
   
Three Months Ended
   
March 31,
   
2008
  
2007
         
Income from continuing operations before income taxes
$
                 73
$
              413
         
Adjustments:
        
   Loss (income) from equity investee
  
                 (3)
  
                   -
         
Income from continuing operations before income taxes, as adjusted
$
               70
 $
            413
         
Fixed charges included in income:
        
         
Interest expense
$
                 31
$
                29
Interest portion of rental expense
  
                 10
  
                  8
         
   
                 41
  
                37
         
Interest credited to contractholders
  
                   2
  
                   -
         
 
$
43
$
37
         
Income available for fixed charges (including interest
        
credited to contractholders)
$
               113
$
              450
         
Income available for fixed charges (excluding interest
        
credited to contractholders)
$
111
$
450
         
RATIO OF EARNINGS TO FIXED CHARGES:
        
         
Including interest credited to contractholders
  
2.6
  
12.2
         
SUPPLEMENTAL RATIO:
        
         
Excluding interest credited to contractholders
  
2.7
  
12.2