EX-12 8 a13-8658_1ex12.htm EX-12

Exhibit 12

 

Cigna Corporation

Computation Of Ratio Of Earnings To Fixed Charges

 

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

 

 

 

 

 

(Dollars in millions)

 

2013

 

 

2012

 

Income before income taxes

 

$

74

 

 

$

552

 

Adjustments:

 

 

 

 

 

 

Income from equity investee

 

(5)

 

 

(2)

 

Income attributable to redeemable noncontrolling interest

 

(2)

 

 

- 

 

Income before income taxes, as adjusted

 

$

67

 

 

$

550

 

Fixed charges included in income:

 

 

 

 

 

 

Interest expense

 

$

  67

 

 

$

66

 

Interest portion of rental expense

 

10

 

 

11

 

Interest credited to contractholders

 

- 

 

 

1

 

 

 

$

  77

 

 

$

78

 

Income available for fixed charges

 

$

144

 

 

$

628

 

RATIO OF EARNINGS TO FIXED CHARGES:

 

1.9

 

 

8.1