Attached files

file filename
EX-10.1 - EXHIBIT 10.1 - AETNA INC /PA/exhibit10_1.htm
EX-32.1 - EXHIBIT 32.1 - AETNA INC /PA/exhibit32_1.htm
EX-31.2 - EXHIBIT 31.2 - AETNA INC /PA/exhibit31_2.htm
EX-15.1 - EXHIBIT 15.1 - AETNA INC /PA/exhibit15_1.htm
EX-31.1 - EXHIBIT 31.1 - AETNA INC /PA/exhibit31_1.htm
EX-32.2 - EXHIBIT 32.2 - AETNA INC /PA/exhibit32_2.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 three months ended March 31, 2016 and the years ended December 31, 2015, 2014, 2013, 2012 and 2011 are as follows:

Three Months Ended
 
Years Ended December 31,
(Millions)
March 31, 2016

2015

2014

2013

2012

2011

Income from continuing operations before income taxes
$
1,290.0

$
4,234.1

$
3,496.6

$
2,936.9

$
2,545.4

$
3,077.8

Add back fixed charges
116.3

426.1

396.1

396.0

321.0

296.1

Income as adjusted ("earnings")
$
1,406.3

$
4,660.2

$
3,892.7

$
3,332.9

$
2,866.4

$
3,373.9

 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
Interest expense
$
101.8

$
368.5

$
334.0

$
336.5

$
271.2

$
249.4

Portion of rents representative of interest factor
14.5

57.6

62.1

59.5

49.8

46.7

Total fixed charges
$
116.3

$
426.1

$
396.1

$
396.0

$
321.0

$
296.1

Ratio of earnings to fixed charges
12.09

10.94

9.83

8.42

8.93

11.39