Cigna 2014 Annual Report Download - page 170

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PART IV
ITEM 15. Exhibits and Financial Statement Schedules
Cigna Corporation – Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
Year Ended December 31, 2014 2013 2012 2011 2010
Income before income taxes $ 3,304 $ 2,176 $ 2,477 $ 1,876 $ 1,802
Adjustments:
Income from equity investee (18) (17) (10) (15) (18)
(Income) loss attributable to noncontrolling interests 5 (3) (1) (1) (4)
Income before income taxes, as adjusted $ 3,291 $ 2,156 $ 2,466 $ 1,860 $ 1,780
Fixed charges included in income:
Interest expense $ 265 $ 270 $ 268 $ 202 $ 182
Interest portion of rental expense 50 38 43 38 42
Interest credited to contractholders 35455
$ 318 $ 313 $ 315 $ 245 $ 229
Income available for fixed charges $ 3,609 $ 2,469 $ 2,781 $ 2,105 $ 2,009
RATIO OF EARNINGS TO FIXED CHARGES: 11.3 7.9 8.8 8.6 8.8
E-4 CIGNA CORPORATION - 2014 Form 10-K
EXHIBIT 12