Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - AETNA INC /PA/ | form10-q.htm |
| EX-99.1 - EXHIBIT 99.1 - AETNA INC /PA/ | exhibit99_1.htm |
| EX-32.2 - EXHIBIT 32.2 - AETNA INC /PA/ | exhibit32_2.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-31.1 - EXHIBIT 31.1 - AETNA INC /PA/ | exhibit31_1.htm |
| EX-15.1 - EXHIBIT 15.1 - AETNA INC /PA/ | exhibit15_1.htm |
Exhibit 12.1
Computation of Ratios
The computation of the ratio of earnings to fixed charges for the nine months ended September 30, 2016 and the years ended December 31, 2015, 2014, 2013, 2012 and 2011 are as follows:
Nine Months Ended | Years Ended December 31, | |||||||||||||||||
(Millions) | September 30, 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||
Income from continuing operations before income taxes | $ | 3,716.5 | $ | 4,234.1 | $ | 3,496.6 | $ | 2,936.9 | $ | 2,545.4 | $ | 3,077.8 | ||||||
Add back fixed charges | 458.7 | 426.1 | 396.1 | 396.0 | 321.0 | 296.1 | ||||||||||||
Income as adjusted ("earnings") | $ | 4,175.2 | $ | 4,660.2 | $ | 3,892.7 | $ | 3,332.9 | $ | 2,866.4 | $ | 3,373.9 | ||||||
Fixed charges: | ||||||||||||||||||
Interest expense | $ | 414.7 | $ | 368.5 | $ | 334.0 | $ | 336.5 | $ | 271.2 | $ | 249.4 | ||||||
Portion of rents representative of interest factor | 44.0 | 57.6 | 62.1 | 59.5 | 49.8 | 46.7 | ||||||||||||
Total fixed charges | $ | 458.7 | $ | 426.1 | $ | 396.1 | $ | 396.0 | $ | 321.0 | $ | 296.1 | ||||||
Ratio of earnings to fixed charges | 9.10 | 10.94 | 9.83 | 8.42 | 8.93 | 11.39 | ||||||||||||