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EX-32 - EXHIBIT 32 - AMERICAN FINANCIAL GROUP INCafg-2017630xex32.htm
EX-31.C - EXHIBIT 31.C - AMERICAN FINANCIAL GROUP INCafg-2017630xex31c.htm
EX-31.B - EXHIBIT 31.B - AMERICAN FINANCIAL GROUP INCafg-2017630xex31b.htm
EX-31.A - EXHIBIT 31.A - AMERICAN FINANCIAL GROUP INCafg-2017630xex31a.htm
10-Q - 10-Q - AMERICAN FINANCIAL GROUP INCafg-201763010q.htm


Exhibit 12
AMERICAN FINANCIAL GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
 
 
 
Six months ended June 30, 2017
 
Year ended December 31, 2016
Earnings before income taxes
 
$
428

 
$
787

Undistributed equity in earnings of investees
 
(9
)
 
(25
)
Fixed charges:
 
 
 
 
Interest on annuities
 
420

 
800

Interest expense
 
43

 
76

Debt discount, expense and other fixed charges
 
1

 
1

Portion of rentals representing interest
 
11

 
23

EARNINGS
 
$
894

 
$
1,662

 
 
 
 
 
Fixed charges:
 
 
 
 
Interest on annuities
 
$
420

 
$
800

Interest expense
 
43

 
76

Debt discount, expense and other fixed charges
 
1

 
1

Portion of rentals representing interest
 
11

 
23

FIXED CHARGES
 
$
475

 
$
900

 
 
 
 
 
Ratio of Earnings to Fixed Charges
 
1.88

 
1.85

 
 
 
 
 
Earnings in Excess of Fixed Charges
 
$
419

 
$
762




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