Attached files
file | filename |
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EX-32 - EXHIBIT 32 - AMERICAN FINANCIAL GROUP INC | afg-2018930xex32.htm |
EX-31.C - EXHIBIT 31.C - AMERICAN FINANCIAL GROUP INC | afg-2018930xex31c.htm |
EX-31.B - EXHIBIT 31.B - AMERICAN FINANCIAL GROUP INC | afg-2018930xex31b.htm |
EX-31.A - EXHIBIT 31.A - AMERICAN FINANCIAL GROUP INC | afg-2018930xex31a.htm |
10-Q - 10-Q - AMERICAN FINANCIAL GROUP INC | afg-201893010q.htm |
Exhibit 12
AMERICAN FINANCIAL GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
Nine months ended September 30, 2018 | Year ended December 31, 2017 | |||||||
Earnings before income taxes | $ | 678 | $ | 724 | ||||
Undistributed equity in earnings of investees | (56 | ) | (4 | ) | ||||
Fixed charges: | ||||||||
Interest on annuities | 664 | 892 | ||||||
Interest expense | 45 | 84 | ||||||
Debt discount, expense and other fixed charges | 1 | 1 | ||||||
Portion of rentals representing interest | 17 | 23 | ||||||
EARNINGS | $ | 1,349 | $ | 1,720 | ||||
Fixed charges: | ||||||||
Interest on annuities | $ | 664 | $ | 892 | ||||
Interest expense | 45 | 84 | ||||||
Debt discount, expense and other fixed charges | 1 | 1 | ||||||
Portion of rentals representing interest | 17 | 23 | ||||||
FIXED CHARGES | $ | 727 | $ | 1,000 | ||||
Ratio of Earnings to Fixed Charges | 1.86 | 1.72 | ||||||
Earnings in Excess of Fixed Charges | $ | 622 | $ | 720 |
E-1