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EX-32 - EXHIBIT 32 - AMERICAN FINANCIAL GROUP INCafg-2017331xex32.htm
EX-31.C - EXHIBIT 31.C - AMERICAN FINANCIAL GROUP INCafg-2017331xex31c.htm
EX-31.B - EXHIBIT 31.B - AMERICAN FINANCIAL GROUP INCafg-2017331xex31b.htm
EX-31.A - EXHIBIT 31.A - AMERICAN FINANCIAL GROUP INCafg-2017331xex31a.htm
10-Q - 10-Q - AMERICAN FINANCIAL GROUP INCafg-201733110q.htm


Exhibit 12
AMERICAN FINANCIAL GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
 
 
 
Three months ended March 31, 2017
 
Year ended December 31, 2016
Earnings before income taxes
 
$
223

 
$
787

Undistributed equity in losses (earnings) of investees
 
2

 
(25
)
Fixed charges:
 
 
 
 
Interest on annuities
 
196

 
800

Interest expense
 
21

 
76

Debt discount, expense and other fixed charges
 

 
1

Portion of rentals representing interest
 
6

 
23

EARNINGS
 
$
448

 
$
1,662

 
 
 
 
 
Fixed charges:
 
 
 
 
Interest on annuities
 
$
196

 
$
800

Interest expense
 
21

 
76

Debt discount, expense and other fixed charges
 

 
1

Portion of rentals representing interest
 
6

 
23

FIXED CHARGES
 
$
223

 
$
900

 
 
 
 
 
Ratio of Earnings to Fixed Charges
 
2.01

 
1.85

 
 
 
 
 
Earnings in Excess of Fixed Charges
 
$
225

 
$
762




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