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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 4,200 $ 2,221
Investment securities 15,703 18,214
Receivables, net of allowances of $108 in 2025 and $98 in 2024 3,270 2,704
Other current assets 9,560 6,676
Total current assets 32,733 29,815
Property and equipment, net 2,231 2,532
Long-term investment securities 493 421
Goodwill 9,686 9,631
Equity method investments 638 697
Other long-term assets 3,128 3,383
Total assets 48,909 46,479
Current liabilities:    
Benefits payable 9,967 10,440
Trade accounts payable and accrued expenses 5,717 5,259
Book overdraft 306 403
Unearned revenues 356 260
Short-term debt 0 577
Total current liabilities 16,346 16,939
Long-term debt 12,369 11,144
Other long-term liabilities 2,457 1,951
Total liabilities 31,172 30,034
Commitments and contingencies (Note 17)
Stockholders' Equity:    
Preferred stock, $1 par; 10,000,000 shares authorized; none issued 0 0
Common stock, $0.16 2/3 par; 300,000,000 shares authorized; 198,719,321 shares issued at December 31, 2025 and 198,718,810 shares issued at December 31, 2024 33 33
Capital in excess of par value 3,600 3,463
Retained earnings 29,075 28,317
Accumulated other comprehensive loss (633) (1,067)
Treasury stock, at cost, 78,128,009 shares at December 31, 2025 and 78,077,195 shares at December 31, 2024 (14,418) (14,371)
Total stockholders' equity 17,657 16,375
Noncontrolling interests 80 70
Total equity 17,737 16,445
Total liabilities and equity $ 48,909 $ 46,479