Attached files
file | filename |
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EX-10.1 - EXHIBIT 10.1 - AETNA INC /PA/ | exhibit10_1.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-15.1 - EXHIBIT 15.1 - AETNA INC /PA/ | exhibit15_1.htm |
EX-31.1 - EXHIBIT 31.1 - AETNA INC /PA/ | exhibit31_1.htm |
EX-32.2 - EXHIBIT 32.2 - AETNA INC /PA/ | exhibit32_2.htm |
10-Q - FORM 10-Q - AETNA INC /PA/ | form10-q.htm |
Exhibit 12.1
Computation of Ratios
The computation of the ratio of earnings to fixed charges for the three months ended March 31, 2016 and the years ended December 31, 2015, 2014, 2013, 2012 and 2011 are as follows:
Three Months Ended | Years Ended December 31, | |||||||||||||||||
(Millions) | March 31, 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||
Income from continuing operations before income taxes | $ | 1,290.0 | $ | 4,234.1 | $ | 3,496.6 | $ | 2,936.9 | $ | 2,545.4 | $ | 3,077.8 | ||||||
Add back fixed charges | 116.3 | 426.1 | 396.1 | 396.0 | 321.0 | 296.1 | ||||||||||||
Income as adjusted ("earnings") | $ | 1,406.3 | $ | 4,660.2 | $ | 3,892.7 | $ | 3,332.9 | $ | 2,866.4 | $ | 3,373.9 | ||||||
Fixed charges: | ||||||||||||||||||
Interest expense | $ | 101.8 | $ | 368.5 | $ | 334.0 | $ | 336.5 | $ | 271.2 | $ | 249.4 | ||||||
Portion of rents representative of interest factor | 14.5 | 57.6 | 62.1 | 59.5 | 49.8 | 46.7 | ||||||||||||
Total fixed charges | $ | 116.3 | $ | 426.1 | $ | 396.1 | $ | 396.0 | $ | 321.0 | $ | 296.1 | ||||||
Ratio of earnings to fixed charges | 12.09 | 10.94 | 9.83 | 8.42 | 8.93 | 11.39 |