EX-12 2 a14-22470_1ex12.htm EX-12

Exhibit 12

 

 

Cigna Corporation

Computation Of Ratio Of Earnings To Fixed Charges

 

 

 

 

Nine Months Ended

 

 

 

September 30,

 

 

 

 

 

 

 

 

(Dollars in millions)

 

2014

 

 

2013

 

Income before income taxes

 

$

2,572

 

 

$

1,640

 

Adjustments:

 

 

 

 

 

 

Income from equity investee

 

(14)

 

 

(13)

 

(Income) loss attributable to noncontrolling interests

 

2

 

 

(3)

 

Income before income taxes, as adjusted

 

$

2,560

 

 

$

1,624

 

Fixed charges included in income:

 

 

 

 

 

 

Interest expense

 

$

196

 

 

$

203

 

Interest portion of rental expense

 

32

 

 

38

 

Interest credited to contractholders

 

3

 

 

-

 

Total fixed charges included in income

 

$

231

 

 

$

241

 

Income available for fixed charges

 

$

2,791

 

 

$

1,865

 

RATIO OF EARNINGS TO FIXED CHARGES:

 

12.1

 

 

7.7