Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

Financial data by reportable segment for the three months ended March 31, 2023 and 2022 is as follows:


			Carelon
	Health Benefits		CarelonRx		Carelon Services		Total		Corporate & Other		Eliminations		Total
Three Months Ended March 31, 2023
Premiums	$	35,534	$	—	$	410	$	410	$	—	$	(76)	$	35,868
Product revenue	—		4,022		—		4,022		—		—		4,022
Service fees	1,746		—		207		207		55		—		2,008
Operating revenue - unaffiliated	37,280		4,022		617		4,639		55		(76)		41,898
Operating revenue - affiliated	—		4,002		2,695		6,697		196		(6,893)		—
Operating revenue - total	$	37,280	$	8,024	$	3,312	$	11,336	$	251	$	(6,969)	$	41,898

Operating gain (loss)	$	2,159	$	512	$	209	$	721	$	(49)	$	—	$	2,831


Three Months Ended March 31, 2022
Premiums	$	32,463	$	—	$	366	$	366	$	—	$	(44)	$	32,785
Product revenue	—		3,301		—		3,301		—		—		3,301
Service fees	1,564		—		226		226		10		—		1,800
Operating revenue - unaffiliated	34,027		3,301		592		3,893		10		(44)		37,886
Operating revenue - affiliated	—		3,382		2,356		5,738		263		(6,001)		—
Operating revenue - total	$	34,027	$	6,683	$	2,948	$	9,631	$	273	$	(6,045)	$	37,886

Operating gain (loss) (restated)	$	1,851	$	398	$	200	$	598	$	(22)	$	—	$	2,427

Reconciliation Of Reportable Segments Operating Revenues To Total Revenues Reported In The Consolidated Statements Of Income

A reconciliation of reportable segments’ operating revenue to the amounts of total revenues included in our consolidated statements of income for the three months ended March 31, 2023 and 2022 is as follows:


	Three Months Ended March 31
		2023		2022
Reportable segments’ operating revenue		$	41,898	$	37,886
Net investment income		387		360
Net losses on financial instruments		(113)		(151)
Total revenues		$	42,172	$	38,095

Reconciliation Of Income Before Income Tax Expense To Reportable Segments Operating Gain Included In The Consolidated Statements Of Income

A reconciliation of income before income tax expense to reportable segments’ operating gain included in our consolidated statements of income for the three months ended March 31, 2023 and 2022 is as follows:


	Three Months Ended March 31
		2023		2022
				(Restated)
Income before income tax expense		$	2,619	$	2,306
Net investment income		(387)		(360)
Net losses on financial instruments		113		151
Interest expense		251		201
Amortization of other intangible assets		235		129

Reportable segments’ operating gain		$	2,831	$	2,427