EX-12 7 exhibit12.htm EXHIBIT 12 Exhibit 12

CIGNA Corporation

EXHIBIT 12  Computation of Ratio of Earnings to Fixed Charges

Year Ended December 31,

(Dollars in millions)

2010

2009

2008

2007

2006

Income from continuing operations before income taxes

$1,870

$1,898

$382

$1,634

$1,731

Adjustments:

Loss (income) from equity investee

(21)

(17)

(12)

(5)

1

Loss (income) attributable to noncontrolling interest

(4)

(3)

(2)

(3)

—

Income before income taxes, as adjusted

$1,845

$1,878

$368

$1,626

$1,732

Fixed charges included in income:

Interest expense

$182

$166

$146

$122

$104

Interest portion of rental expense

45

47

45

34

34

227

213

191

156

138

Interest credited to contractholders

5

3

6

7

—

$232

$216

$197

$163

$138

Income available for fixed charges (including interest credited to contractholders)

$2,077

$2,094

$565

$1,789

$1,870

Income available for fixed charges (excluding interest credited to contractholders)

$2,072

$2,091

$559

$1,782

$1,870

Ratio of earnings to fixed charges:

Including interest credited to contractholders

9.0

9.7

2.9

11.0

13.6

Supplemental ratio:

Excluding interest credited to contractholders

9.2

9.8

2.9

11.4

13.6