Attached files

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EXCEL - IDEA: XBRL DOCUMENT - UNITEDHEALTH GROUP INCFinancial_Report.xls
EX-31.1 - EXHIBIT 31.1 - UNITEDHEALTH GROUP INCunhex3113312015.htm
EX-10.1 - EXHIBIT 10.1 - UNITEDHEALTH GROUP INCunhex1013312015.htm
EX-10.2 - EXHIBIT 10.2 - UNITEDHEALTH GROUP INCunhex1023312015.htm
EX-32.1 - EXHIBIT 32.1 - UNITEDHEALTH GROUP INCunhex3213312015.htm
10-Q - 10-Q - UNITEDHEALTH GROUP INCunh201533110-q.htm


EXHIBIT 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
March 31,
 
March 31,
(dollars in millions)
 
2015
 
2014
Earnings before income taxes
 
$
2,490

 
$
1,894

Fixed charges
 
191

 
192

Total earnings available for fixed charges
 
$
2,681

 
$
2,086

 
 
 
 
 
Fixed Charges:
 
 
 
 
Interest expense
 
$
150

 
$
160

Interest component of rental payments
 
41

 
32

Total fixed charges
 
$
191

 
$
192

Ratio of earnings to fixed charges
 
14.0

 
10.9


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.