content_image/180552.jpg content_image/180553.jpg
## Earnings Per Share NOTE 4 

Basic and diluted earnings per share were computed as follows: 

<img src='content_image/180552.jpg'>

The following outstanding employee stock options were not included in the computation of diluted earnings per share because their effect would have increased diluted earnings per share (antidilutive) as their exercise price was greater than the average share price of the Company’s common stock for the period. 

<img src='content_image/180553.jpg'>

## Global Health Care Medical Claims Payable NOTE 5 

Medical claims payable for the Global Health Care segment reflects estimates of the ultimate cost of claims that have been incurred but not yet reported, those which have been reported but not yet paid (reported claims in process) and other medical expense payable, which comprises accruals primarily for provider incentives and other amounts payable to providers. 

As discussed further in Notes 2 and 23¸ effective December 31, 2012, Cigna changed its external reporting segments. The Global Health Care segment now includes most of Cigna’s international health care 

business (primarily the global health benefits business previously reported in the former International segment). As a result of the segment reporting change, insurance liabilities of the international health care business previously classified as Unpaid Claims have been reclassified to Global Health Care Medical Claims Payable in the Consolidated Balance Sheets, and corresponding amounts in the Statement of Income previously reported as Other Benefits Expense have been reclassified to Global Health Care Medical Claims Expense. Prior year amounts have been conformed to this new presentation. 

