Schedule II - Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2022

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts and Reserves

THE CIGNA GROUP AND SUBSIDIARIES

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

(In millions)	Balance at beginning of year		Charged (Credited) to costs and expenses		Charged (Credited) to other accounts		Other deductions		Balance at end of year
Description
2022
Investment asset valuation reserves
Available-for-sale debt securities	$	23	$	43	$	—	$	(22)	$	44
Commercial mortgage loans	$	6	$	15	$	—	$	—	$	21
Accounts receivable, net	$	126	$	99	$	—	$	(65)	$	160
Deferred tax asset valuation allowance	$	246	$	(13)	$	(25)	$	—	$	208
Reinsurance recoverables	$	30	$	7	$	—	$	—	$	37
2021
Investment asset valuation reserves
Available-for-sale debt securities	$	26	$	29	$	—	$	(32)	$	23
Commercial mortgage loans	$	6	$	—	$	—	$	—	$	6
Accounts receivable, net	$	156	$	54	$	—	$	(84)	$	126
Deferred tax asset valuation allowance	$	207	$	23	$	16	$	—	$	246
Reinsurance recoverables	$	32	$	(2)	$	—	$	—	$	30
2020
Investment asset valuation reserves
Available-for-sale debt securities	$	—	$	82	$	—	$	(56)	$	26
Commercial mortgage loans (1)	$	—	$	(1)	$	7	$	—	$	6
Accounts receivable, net	$	252	$	(50)	$	(12)	$	(34)	$	156
Deferred tax asset valuation allowance	$	196	$	10	$	1	$	—	$	207
Reinsurance recoverables (2)	$	2	$	(1)	$	31	$	—	$	32

(1) The Company recorded an additional allowance of $7 million on January 1, 2020 upon the adoption of ASU 2016-13.

(2) The Company recorded an additional allowance of $31 million on January 1, 2020 upon the adoption of ASU 2016-13.