Schedule II - Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2023

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
2023
Investment asset valuation reserves
Available-for-sale debt securities	$	44	$	11	$	—	$	(22)	$	33
Commercial mortgage loans	$	21	$	10	$	—	$	—	$	31
Accounts receivable, net	$	160	$	90	$	1	$	(88)	$	163
Deferred tax asset valuation allowance	$	208	$	1,286	$	4	$	—	$	1,498
Reinsurance recoverables	$	35	$	—	$	—	$	—	$	35
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 (1)	$	28	$	7	$	—	$	—	$	35
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 (1)	$	30	$	(2)	$	—	$	—	$	28

(1)Amounts have been restated to reflect the adoption of Targeted Improvements to the Accounting for Long-Duration Contracts ("LDTI") in 2023. See Note 2 to the Consolidated Financial Statements included in Part II, Item 8 of this Form 10-K for further information.