EX-12 4 ex12.htm EXHIBIT 12 ex12.htm
CIGNA  CORPORATION
        
Exhibit 12
  
COMPUTATION  OF  RATIO  OF  EARNINGS  TO  FIXED  CHARGES
            
(Dollars in millions)
            
   
Nine Months Ended
  
   
September 30,
  
   
2008
    
2007
  
             
Income from continuing operations before income taxes
   $ 718     $ 1,243  
                 
Adjustments:
                
Income from equity investee
     (8 )     (2 )
                 
Income from continuing operations before income taxes, as adjusted
   $ 710     $ 1,241  
                 
Fixed charges included in income:
                
                 
Interest expense
   $ 106     $ 91  
Interest portion of rental expense
     33       25  
                 
      139       116  
                 
Interest credited to contractholders
     4       5  
                 
    $ 143     $ 121  
                 
Income available for fixed charges (including interest
                
credited to contractholders)
   $ 853     $ 1,362  
                 
Income available for fixed charges (excluding interest
                
credited to contractholders)
   $ 849     $ 1,357  
                 
RATIO OF EARNINGS TO FIXED CHARGES:
                
                 
Including interest credited to contractholders
     6.0       11.3  
                 
SUPPLEMENTAL RATIO:
                
                 
Excluding interest credited to contractholders
     6.1       11.7