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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Cash flows from operating activities:          
Net earnings $ 475 $ 740 $ 2,660 $ 1,421  
Adjustments to reconcile net earnings to net cash provided by operating activities          
Depreciation and amortization     978 1,079  
Stock compensation expense     167 180  
Impairment 440 289 478 1,739  
(Gain) loss on debt extinguishment     0 (26)  
Deferred income taxes     14 (682)  
(Gain) loss on divestitures     (172) (503)  
Other adjustments, net     158 164  
Changes in assets and liabilities          
Premium and trade receivables     (2,329) (1,274)  
Other assets     (103) 152  
Medical claims liabilities     401 1,976  
Unearned revenue     1,878 1,964  
Accounts payable and accrued expenses     3,127 686  
Other long-term liabilities     583 863  
Other operating activities, net     (4) 98  
Net cash provided by operating activities     7,836 7,837  
Cash flows from investing activities:          
Capital expenditures     (576) (771)  
Purchases of investments     (4,729) (5,118)  
Sales and maturities of investments     4,373 2,842  
Acquisitions, net of cash acquired     0 (1,457)  
Divestiture proceeds, net of divested cash     690 1,362  
Net cash (used in) investing activities     (242) (3,142)  
Cash flows from financing activities:          
Proceeds from long-term debt     2,170 357  
Payments and repurchases of long-term debt     (1,970) (1,202)  
Common stock repurchases     (1,602) (1,663)  
Proceeds from common stock issuances     32 62  
Payments for debt extinguishment     0 (14)  
Purchase of noncontrolling interest     (87) 0  
Other financing activities, net     0 (5)  
Net cash (used in) financing activities     (1,457) (2,465)  
Effect of exchange rate changes on cash, cash equivalents, and restricted cash     19 (37)  
Net increase in cash, cash equivalents, and restricted cash and cash equivalents     6,156 2,193  
Cash and cash equivalents reclassified from (to) held for sale (36) (192) (36) (192)  
Cash, cash equivalents, and restricted cash and cash equivalents, beginning of period     12,330 13,214 $ 13,214
Cash, cash equivalents, and restricted cash and cash equivalents, end of period 18,450 15,215 18,450 15,215 12,330
Supplemental disclosures of cash flow information:          
Interest paid     496 462  
Income taxes paid     759 448  
The following table provides a reconciliation of cash, cash equivalents, and restricted cash and cash equivalents reported within the Consolidated Balance Sheets to the totals above:          
Cash and cash equivalents 18,190 14,987 18,190 14,987 12,074
Restricted cash and cash equivalents, included in restricted deposits 260 228 260 228  
Total cash, cash equivalents, and restricted cash and cash equivalents $ 18,450 $ 15,215 $ 18,450 $ 15,215 $ 12,330