December 31,

(In millions)

Issuer(s)

2019

2018

Short-term debt

Current maturities: $1,000 million, 2.25% Notes

Express Scripts⁽¹⁾

$

-

$

995

Current maturities: $337 million, 7.25% Notes

ESI ⁽¹⁾

-

343

Current maturities: $1,000 million, Floating Rate Notes

Cigna

999

-

Current maturities: $300 million, 5.125% Notes

Old Cigna

300

-

Current maturities: $1,750 million, 3.2% Notes

Cigna

1,748

-

Current maturities: $349 million, 4.125% Notes

Cigna

351

-

Current maturities: $500 million, 2.6% Notes

Express Scripts

496

-

Current maturities: $400 million, Floating Rate Notes

Express Scripts

400

-

Current maturities: $250 million, 4.375% Notes

Old Cigna

249

-

Commercial paper

Cigna/Old Cigna

944

1,500

Other, including finance leases

Other

27

117

Total short-term debt

$

5,514

$

2,955

Long-term debt

$250 million, 4.375% Notes due 2020

Old Cigna

$

-

$

248

$300 million, 5.125% Notes due 2020

Old Cigna

-

298

$500 million, 4.125% Notes due 2020

Medco ⁽¹⁾

-

506

$500 million, 2.6% Notes due 2020

Express Scripts

-

493

$1,750 million, 3.2% Notes due 2020

Cigna

-

1,743

$400 million, Floating Rate Notes due 2020

Express Scripts

-

399

$1,000 million, Floating Rate Notes due 2020

Cigna

-

997

$3,000 million, Floating Rate Term Loan due 2021

Cigna

-

2,997

$500 million, 3.3% Notes due 2021

Cigna/Express Scripts ⁽²⁾

499

$300 million, 4.5% Notes due 2021

Cigna/Old Cigna ⁽²⁾

298

297

$78 million, 6.37% Notes due 2021

Other

78

$1,000 million, Floating Rate Notes due 2021

Cigna

998

996

$1,250 million, 3.4% Notes due 2021

Cigna

1,247

1,245

$1,248 million, 4.75% Notes due 2021

Cigna/Express Scripts ⁽²⁾

1,272

1,285

$750 million, 4% Notes due 2022

Cigna/Old Cigna ⁽²⁾

747

746

$999 million, 3.9% Notes due 2022

Cigna/Express Scripts ⁽²⁾

999

998

$500 million, 3.05% Notes due 2022

Cigna/Express Scripts ⁽²⁾

485

481

$17 million, 8.3% Notes due 2023

Cigna/Old Cigna ⁽²⁾

17

$100 million, 7.65% Notes due 2023

Cigna/Old Cigna ⁽²⁾

100

$700 million, Floating Rate Notes due 2023

Cigna

698

697

$1,000 million, 3% Notes due 2023

Cigna/Express Scripts ⁽²⁾

966

959

$3,100 million, 3.75% Notes due 2023

Cigna

3,088

3,085

$1,000 million, 3.5% Notes due 2024

Cigna/Express Scripts ⁽²⁾

970

966

$900 million, 3.25% Notes due 2025

Cigna/Old Cigna ⁽²⁾

895

$2,200 million, 4.125% Notes due 2025

Cigna

2,188

2,187

$1,500 million, 4.5% Notes due 2026

Cigna/Express Scripts ⁽²⁾

1,506

1,508

$1,500 million, 3.4% Notes due 2027

Cigna/Express Scripts ⁽²⁾

1,396

1,386

$259 million, 7.875% Debentures due 2027

Cigna/Old Cigna ⁽²⁾

259

$600 million, 3.05% Notes due 2027

Cigna/Old Cigna ⁽²⁾

595

$3,800 million, 4.375% Notes due 2028

Cigna

3,776

3,774

$45 million, 8.3% Step Down Notes due 2033

Cigna/Old Cigna ⁽²⁾

45

$190 million, 6.15% Notes due 2036

Cigna/Old Cigna ⁽²⁾

190

$2,200 million, 4.8% Notes due 2038

Cigna

2,178

$121 million, 5.875% Notes due 2041

Cigna/Old Cigna ⁽²⁾

119

$449 million, 6.125% Notes due 2041

Cigna/Express Scripts ⁽²⁾

491

493

$317 million, 5.375% Notes due 2042

Cigna/Old Cigna ⁽²⁾

315

$1,500 million, 4.8% Notes due 2046

Cigna/Express Scripts ⁽²⁾

1,465

$1,000 million, 3.875% Notes due 2047

Cigna/Old Cigna ⁽²⁾

988

$3,000 million, 4.9% Notes due 2048

Cigna

2,964

Other, including finance leases

Other

61

32

Total long-term debt

$

31,893

$

39,523

(1) Express Scripts Holding Company is identified as Express Scripts. Express Scripts, Inc. is identified as ESI. Medco Health Solutions, Inc. is identified as Medco.

(2) Due to the Exchange of legacy Notes for Cigna Notes, there are two series of outstanding Notes.