Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Reconciliation of the Company's business segments to the consolidated financial statements

In millions	Pharmacy Services Segment(1)		Retail Pharmacy Segment		Corporate Segment			Intersegment Eliminations(2)			Consolidated Totals
Three Months Ended
June 30, 2013:
Net revenues	$	18,800	$	16,139	$	—		$	(3,691	)	$	31,248
Gross profit	963		5,000		—			(127		)	5,836
Operating profit (loss)	675		1,596		(176		)	(127		)	1,968
June 30, 2012:
Net revenues	18,423		15,846		—			(3,555		)	30,714
Gross profit	777		4,769		—			(97		)	5,449
Operating profit (loss)	511		1,469		(175		)	(97		)	1,708
Six Months Ended
June 30, 2013:
Net revenues	37,111		32,191		—			(7,291		)	62,011
Gross profit	1,731		9,952		—			(265		)	11,418
Operating profit (loss)	1,174		3,133		(375		)	(265		)	3,667
June 30, 2012:
Net revenues	36,722		31,869		—			(7,079		)	61,512
Gross profit	1,393		9,341		—			(172		)	10,562
Operating profit (loss)	860		2,766		(343		)	(172		)	3,111
Total assets:
June 30, 2013	36,271		29,639		1,364			(990		)	66,284
December 31, 2012	36,057		29,183		1,408			(736		)	65,912
Goodwill:
June 30, 2013	19,658		6,896		—			—			26,554
December 31, 2012	19,646		6,749		—			—			26,395

(1)Net revenues of the Pharmacy Services Segment include approximately $2.0 billion and $2.1 billion of retail co-payments for the three months ended June 30, 2013 and 2012, respectively, as well as $4.2 billion and $4.4 billion of retail co-payments for the six months ended June 30, 2013 and 2012, respectively.

(2)  Intersegment eliminations relate to two types of transactions: (i) Intersegment revenues that occur when Pharmacy Services Segment customers use Retail Pharmacy Segment stores to purchase covered products. When this occurs, both the Pharmacy Services and Retail Pharmacy segments record the revenue on a standalone basis, and (ii) Intersegment revenues, gross profit and operating profit that occur when Pharmacy Services Segment customers, through the Company’s intersegment activities (such as the Maintenance Choice^® program), elect to pick-up their maintenance prescriptions at Retail Pharmacy Segment stores instead of receiving them through the mail. When this occurs, both the Pharmacy Services and Retail Pharmacy segments record the revenue, gross profit and operating profit on a standalone basis. The following amounts are eliminated in consolidation in connection with the item (ii) intersegment activity: net revenues of $1.1 billion and $840 million for the three months ended June 30, 2013 and 2012, respectively, and $2.0 billion and $1.6 billion for the six months ended June 30, 2013 and 2012 respectively; gross profit and operating profit of $127 million and $97 million for the three months ended June 30, 2013 and 2012, respectively, and $265 million and $172 million for the six months ended June 30, 2013 and 2012, respectively.