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EXCEL - IDEA: XBRL DOCUMENT - UNITEDHEALTH GROUP INCFinancial_Report.xls
EX-32.1 - EXHIBIT 32.1 - UNITEDHEALTH GROUP INCunhex3219302014.htm
EX-31.1 - EXHIBIT 31.1 - UNITEDHEALTH GROUP INCunhex3119302014.htm
EX-10.1 - EXHIBIT 10.1 - UNITEDHEALTH GROUP INCunhex1019302014.htm
EX-10.2 - EXHIBIT 10.2 - UNITEDHEALTH GROUP INCunhex1029302014.htm
10-Q - 10-Q - UNITEDHEALTH GROUP INCunh201493010-q.htm


EXHIBIT 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in millions)
 
2014
 
2013
 
2014
 
2013
Earnings before income taxes
 
$
2,751

 
$
2,453

 
$
7,042

 
$
6,639

Fixed charges
 
186

 
211

 
566

 
629

Total earnings available for fixed charges
 
$
2,937

 
$
2,664

 
$
7,608

 
$
7,268

 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
Interest expense
 
$
152

 
$
178

 
$
467

 
$
532

Interest component of rental payments
 
34

 
33

 
99

 
97

Total fixed charges
 
$
186

 
$
211

 
$
566

 
$
629

Ratio of earnings to fixed charges
 
15.8

 
12.6

 
13.4

 
11.6

The ratio of earnings to fixed charges is computed by dividing total earnings available for fixed charges by the fixed charges. For purposes of computing this ratio, fixed charges consist of interest expense plus the interest factor in rental expense.