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EX-32.1 - EXHIBIT 32.1 - UNITEDHEALTH GROUP INCunhex3213312017.htm
EX-31.1 - EXHIBIT 31.1 - UNITEDHEALTH GROUP INCunhex3113312017.htm
EX-10.1 - EXHIBIT 10.1 - UNITEDHEALTH GROUP INCunhex1013312017.htm
10-Q - 10-Q - UNITEDHEALTH GROUP INCunh331201710-q.htm


EXHIBIT 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
Three Months Ended March 31,
(dollars in millions)
 
2017
 
2016
Earnings before income taxes
 
$
3,130

 
$
2,701

Fixed charges
 
332

 
301

Total earnings available for fixed charges
 
$
3,462

 
$
3,002

 
 
 
 
 
Fixed Charges:
 
 
 
 
Interest expense
 
$
283

 
$
259

Interest component of rental payments
 
49

 
42

Total fixed charges
 
$
332

 
$
301

Ratio of earnings to fixed charges
 
10.4

 
10.0

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.