Exhibit 12.1
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Nine Months September 30 2011 | ||||||||||||||||||||||||
Year Ended December 31 | ||||||||||||||||||||||||
2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
(in millions, except ratios) | ||||||||||||||||||||||||
Earnings | ||||||||||||||||||||||||
Income from Continuing Operations Before Income Tax | $ | 1,331.3 | $ | 1,292.3 | $ | 824.0 | $ | 997.2 | $ | 465.4 | $ | 961.5 | ||||||||||||
Fixed Charges | 163.1 | 146.2 | 179.9 | 210.2 | 221.3 | 124.7 | ||||||||||||||||||
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Adjusted Earnings | $ | 1,494.4 | $ | 1,438.5 | $ | 1,003.9 | $ | 1,207.4 | $ | 686.7 | $ | 1,086.2 | ||||||||||||
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Fixed Charges | ||||||||||||||||||||||||
Interest and Debt Expense, excluding Costs Related to Early Retirement of Debt | $ | 143.3 | $ | 126.2 | $ | 156.3 | $ | 183.1 | $ | 191.8 | $ | 108.1 | ||||||||||||
Interest Credited to Policyholders | 8.9 | 8.4 | 9.0 | 10.7 | 11.5 | 7.2 | ||||||||||||||||||
Amortization of Deferred Debt Costs | 1.1 | 1.6 | 3.1 | 5.0 | 6.1 | 0.6 | ||||||||||||||||||
Portion of Rents Deemed Representative of Interest | 9.8 | 10.0 | 11.5 | 11.4 | 11.9 | 8.8 | ||||||||||||||||||
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Total Fixed Charges | $ | 163.1 | $ | 146.2 | $ | 179.9 | $ | 210.2 | $ | 221.3 | $ | 124.7 | ||||||||||||
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Ratio of Earnings to Fixed Charges | 9.2 | 9.8 | 5.6 | 5.7 | 3.1 | 8.7 |