Attached files
file | filename |
---|---|
EX-32 - EXHIBIT 32 - AMERICAN FINANCIAL GROUP INC | afg-2017930xex32.htm |
EX-31.C - EXHIBIT 31.C - AMERICAN FINANCIAL GROUP INC | afg-2017930xex31c.htm |
EX-31.B - EXHIBIT 31.B - AMERICAN FINANCIAL GROUP INC | afg-2017930xex31b.htm |
EX-31.A - EXHIBIT 31.A - AMERICAN FINANCIAL GROUP INC | afg-2017930xex31a.htm |
10-Q - 10-Q - AMERICAN FINANCIAL GROUP INC | afg-201793010q.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, 2017 | Year ended December 31, 2016 | |||||||
Earnings before income taxes | $ | 457 | $ | 787 | ||||
Undistributed equity in earnings of investees | (10 | ) | (25 | ) | ||||
Fixed charges: | ||||||||
Interest on annuities | 635 | 800 | ||||||
Interest expense | 64 | 76 | ||||||
Debt discount, expense and other fixed charges | 1 | 1 | ||||||
Portion of rentals representing interest | 17 | 23 | ||||||
EARNINGS | $ | 1,164 | $ | 1,662 | ||||
Fixed charges: | ||||||||
Interest on annuities | $ | 635 | $ | 800 | ||||
Interest expense | 64 | 76 | ||||||
Debt discount, expense and other fixed charges | 1 | 1 | ||||||
Portion of rentals representing interest | 17 | 23 | ||||||
FIXED CHARGES | $ | 717 | $ | 900 | ||||
Ratio of Earnings to Fixed Charges | 1.62 | 1.85 | ||||||
Earnings in Excess of Fixed Charges | $ | 447 | $ | 762 |
E-1