EX-12 8 a15-7960_1ex12.htm EX-12

Exhibit 12

 

Cigna Corporation

Computation Of Ratio Of Earnings To Fixed Charges

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

 

 

(Dollars in millions)

 

2015

 

 

2014

 

Income before income taxes

 

$

854

 

 

$

853

 

Adjustments:

 

 

 

 

 

 

Income from equity investees, net of distributions

 

6

 

 

(9)

 

(Income) loss attributable to noncontrolling interests

 

2

 

 

(1)

 

Income before income taxes, as adjusted

 

$

862

 

 

$

843

 

Fixed charges included in income:

 

 

 

 

 

 

Interest expense

 

$

66

 

 

$

67

 

Interest portion of rental expense

 

13

 

 

10

 

Interest credited to contractholders

 

—

 

 

2

 

Total fixed charges included in income

 

$

79

 

 

$

79

 

Income available for fixed charges

 

$

941

 

 

$

922

 

RATIO OF EARNINGS TO FIXED CHARGES:

 

11.9

 

 

11.7