($ in millions)

For the three months
ended March 31,

For the year ended December 31,

2014

2013

2013

2012

2011

2010

2009

1.

Income from operations before income taxes

$

849

$

1,030

$

3,396

$

3,306

$

959

$

1,100

$

1,300

Fixed charges:

2.

Interest on indebtedness

$

87

$

98

$

367

$

373

$

367

$

367

$

392

3.

Interest factor of annual rental expense

4

4

19

15

24

26

31

4.

Interest credited to contractholder funds

307

345

1,278

1,316

1,645

1,807

2,126

5.

Total fixed charges  (2+3+4)

$

398

$

447

$

1,664

$

1,704

$

2,036

$

2,200

$

2,549

6.

Preferred stock dividends

13

—

17

—

—

—

—

7.

Total fixed charges and preferred stock dividends (5+6)

$

411

$

447

$

1,681

$

1,704

$

2,036

$

2,200

$

2,549

8.

Income from operations before income taxes and fixed charges (1+5)

$

1,247

$

1,477

$

5,060

$

5,010

$

2,995

$

3,300

$

3,849

9.

Ratio of earnings to fixed charges (8/5)

3.1

X

3.3

X

3.0

X

2.9

X

1.5

X

1.5

X

1.5

X

10.

Income from operations before income taxes and fixed charges and preferred stock dividends (1+7)

$

1,260

$

1,477

$

5,077

$

5,010

$

2,995

$

3,300

$

3,849

11.

Ratio of earnings to fixed charges and preferred stock dividends (10/7)

3.1

X

3.3

X

3.0

X

2.9

X

1.5

X

1.5

X

1.5

X