MEDICARE PART D

We cover prescription drug benefits in accordance with Medicare Part D under multiple contracts with the Centers for Medicare and Medicaid Services, or CMS, as described further in Note 2 to the consolidated financial statements included in our 2018 Form 10-K. The accompanying condensed consolidated balance sheets include the following amounts associated with Medicare Part D at March 31, 2019 and December 31, 2018. CMS subsidies/discounts in the table below include the reinsurance and low-income cost subsidies funded by CMS for which we assume no risk as well as brand name prescription drug discounts for Part D plan participants in the coverage gap funded by CMS and pharmaceutical manufacturers.



	March 31, 2019						December 31, 2018
	Risk Corridor Settlement			CMS Subsidies/ Discounts			Risk Corridor Settlement			CMS Subsidies/ Discounts
	(in millions)
Other current assets	$	10		$	333		$	15		$	172
Trade accounts payable and accrued expenses	(63		)	(1,285		)	(103		)	(503		)
Net current liability	(53		)	(952		)	(88		)	(331		)
Other long-term assets	26			—			7			—
Other long-term liabilities	(134		)	—			(89		)	—
Net long-term liability	(108		)	—			(82		)	—
Total net liability	$	(161	)	$	(952	)	$	(170	)	$	(331	)