Cigna 2015 Annual Report Download - page 168

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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, 2015 2014 2013 2012 2011
Income before income taxes $ 3,327 $ 3,304 $ 2,176 $ 2,477 $ 1,876
Adjustments:
(Income) loss from equity investee 3 (18) (17) (10) (15)
(Income) loss attributable to noncontrolling interests 17 5 (3) (1) (1)
Income before income taxes, as adjusted $ 3,347 $ 3,291 $ 2,156 $ 2,466 $ 1,860
Fixed charges included in income:
Interest expense $ 252 $ 265 $ 270 $ 268 $ 202
Interest portion of rental expense 54 50 38 43 38
Interest credited to contractholders 13545
$ 307 $ 318 $ 313 $ 315 $ 245
Income available for fixed charges $ 3,654 $ 3,609 $ 2,469 $ 2,781 $ 2,105
RATIO OF EARNINGS TO FIXED CHARGES: 11.9 11.3 7.9 8.8 8.6
E-4 CIGNA CORPORATION - 2015 Form 10-K
EXHIBIT 12