Aetna Inactive 10-K2011 FY Annual report

Filed: 24 Feb 12, 12:00am

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New words: accessible, ACS, administering, attained, attractive, Baby, Banner, brought, capability, Carilion, coinsurance, consumerism, convenient, core, customizable, deploying, depression, Genworth, Graph, grew, grow, growing, Healthy, Heartland, HSA, iTriage, leader, leverage, low, manner, meaningful, Meritain, moved, mutually, narrow, obligation, option, payflex, platform, population, portfolio, predominantly, Prodigy, project, reach, resuming, shareholder, shift, SM, social, solution, star, statutory, substantially, symmetrical, TPA, turn, volume

Removed: Conference, Earl, Institute, MIT, subsequently, tax, trustee

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Exhibit 12.1

Statement re: Computation of Ratios

The computation of the ratio of earnings to fixed charges for the years 2007 through 2011 are as follows:



	Years Ended December 31,
(Millions)	2011		2010		2009		2008		2007
Income from continuing operations before income taxes	$	3,077.8	$	2,644.2	$	1,901.2	$	2,174.2	$	2,796.4
Add back fixed charges	293.6		307.7		302.9		297.9		234.3
Income as adjusted ("earnings")	$	3,371.4	$	2,951.9	$	2,204.1	$	2,472.1	$	3,030.7

Fixed charges:
Interest expense	$	246.9	$	254.6	$	243.4	$	236.4	$	180.6
Portion of rents representative of interest factor	46.7		53.1		59.5		61.5		53.7
Total fixed charges	$	293.6	$	307.7	$	302.9	$	297.9	$	234.3
Ratio of earnings to fixed charges	11.48		9.59		7.28		8.30		12.94