EX-12 2 a15-18040_1ex12.htm EX-12

Exhibit 12

 

Cigna Corporation

Computation Of Ratio Of Earnings To Fixed Charges

 

 

 

Nine Months Ended

 

 

 

September 30,

 

 

 

 

 

 

 

 

(Dollars in millions)

 

2015

 

 

2014

 

Income before income taxes

 

$

2,668

 

 

$

2,572

 

Adjustments:

 

 

 

 

 

 

Loss (income) from equity investees, net of distributions

 

4

 

 

(14)

 

Loss attributable to noncontrolling interests

 

10

 

 

2

 

Income before income taxes, as adjusted

 

$

2,682

 

 

$

2,560

 

Fixed charges included in income:

 

 

 

 

 

 

Interest expense

 

$

190

 

 

$

196

 

Interest portion of rental expense

 

39

 

 

32

 

Interest credited to contractholders

 

1

 

 

3

 

Total fixed charges included in income

 

$

230

 

 

$

231

 

Income available for fixed charges

 

$

2,912

 

 

$

2,791

 

RATIO OF EARNINGS TO FIXED CHARGES:

 

12.7

 

 

12.1