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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues        
Premiums $ 11,436 $ 10,998 $ 34,493 $ 33,062
Net investment income 85 321 696 876
TOTAL REVENUES 63,694 49,048 181,472 144,151
Benefits and expenses        
Pharmacy and other service costs 47,565 33,639 133,488 98,540
Medical costs and other benefit expenses 9,527 8,927 28,482 27,007
Selling, general and administrative expenses 3,590 3,788 10,979 10,760
Amortization of acquired intangible assets 436 454 1,279 1,368
TOTAL BENEFITS AND EXPENSES 61,118 46,808 174,228 137,675
Income from operations 2,576 2,240 7,244 6,476
Interest expense and other (376) (365) (1,073) (1,086)
Loss on sale of businesses (87) (21) (106) (21)
Net realized investment losses (921) (14) (2,805) (44)
Income before income taxes 1,192 1,840 3,260 5,325
TOTAL INCOME TAXES 367 391 1,018 1,060
Net income 825 1,449 2,242 4,265
Less: Net income attributable to noncontrolling interests 86 41 232 130
SHAREHOLDERS’ NET INCOME $ 739 $ 1,408 $ 2,010 $ 4,135
Shareholders' net income per share        
Basic (in dollars per share) $ 2.65 $ 4.79 $ 7.13 $ 14.03
Diluted (in dollars per share) $ 2.63 $ 4.74 $ 7.05 $ 13.89
Pharmacy revenues        
Revenues        
Revenue from contract with customer $ 48,284 $ 34,531 $ 135,421 $ 100,639
Fees and other revenues        
Revenues        
Revenue from contract with customer $ 3,889 $ 3,198 $ 10,862 $ 9,574