Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - AETNA INC /PA/Financial_Report.xls
EX-31.2 - EXHIBIT 31.2 - AETNA INC /PA/exhibit31_2.htm
EX-32.2 - EXHIBIT 32.2 - AETNA INC /PA/exhibit32_2.htm
EX-31.1 - EXHIBIT 31.1 - AETNA INC /PA/exhibit31_1.htm
EX-15.1 - EXHIBIT 15.1 - AETNA INC /PA/exhibit15_1.htm
EX-32.1 - EXHIBIT 32.1 - AETNA INC /PA/exhibit32_1.htm
10-Q - FORM 10-Q - AETNA INC /PA/form10-q.htm


Exhibit 12.1

Computation of Ratios

The computation of the ratio of earnings to fixed charges for the nine months ended September 30, 2014 and the years ended December 31, 2013, 2012, 2011, 2010 and 2009 are as follows:

Nine Months Ended
 
Years Ended December 31,
(Millions)
September 30, 2014

2013

2012

2011

2010

2009

Income from continuing operations before income taxes
$
3,068.7

$
2,936.9

$
2,545.4

$
3,077.8

$
2,644.2

$
1,901.2

Add back fixed charges
294.3

393.2

318.6

293.6

307.7

302.9

Income as adjusted ("earnings")
$
3,363.0

$
3,330.1

$
2,864.0

$
3,371.4

$
2,951.9

$
2,204.1

 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
Interest expense
$
247.5

$
333.7

$
268.8

$
246.9

$
254.6

$
243.4

Portion of rents representative of interest factor
46.8

59.5

49.8

46.7

53.1

59.5

Total fixed charges
$
294.3

$
393.2

$
318.6

$
293.6

$
307.7

$
302.9

Ratio of earnings to fixed charges
11.43

8.47

8.99

11.48

9.59

7.28