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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Assets:    
Cash and cash equivalents $ 10,076 $ 8,586
Investments 2,578 2,407
Accounts receivable, net 39,625 36,469
Inventories 17,385 18,107
Other current assets 3,527 3,076
Total current assets 73,191 68,645
Long-term investments 28,906 28,934
Property and equipment, net 12,856 12,993
Operating lease right-of-use assets 15,704 15,944
Goodwill 91,203 91,272
Intangible assets, net 26,570 27,323
Separate accounts assets 1,924 3,311
Other assets 5,231 4,793
Total assets 255,585 253,215
Liabilities:    
Accounts payable 16,534 15,892
Pharmacy claims and discounts payable 25,797 24,166
Health care costs payable 15,112 15,064
Accrued expenses and other current liabilities 22,369 20,810
Other insurance liabilities 1,570 1,183
Current portion of operating lease liabilities 1,909 1,751
Short-term debt 1,259 2,119
Current portion of long-term debt 4,411 3,624
Total current liabilities 88,961 84,609
Long-term operating lease liabilities 14,594 14,899
Long-term debt 59,040 60,527
Deferred income taxes 3,664 3,806
Separate accounts liabilities 1,924 3,311
Other long-term insurance liabilities 4,873 4,902
Other long-term liabilities 5,419 5,431
Total liabilities 178,475 177,485
Shareholders’ equity:    
Preferred stock, par value $0.01: 0.1 shares authorized; none issued or outstanding 0 0
Common stock, par value $0.01: 3,200 shares authorized; 1,779 shares issued and 1,262 shares outstanding at March 31, 2025 and 1,778 shares issued and 1,260 shares outstanding at December 31, 2024 and capital surplus 49,837 49,661
Treasury stock, at cost: 517 shares at March 31, 2025 and 518 shares at December 31, 2024 (36,735) (36,818)
Retained earnings 63,768 62,837
Accumulated other comprehensive income (loss) 59 (120)
Total CVS Health shareholders’ equity 76,929 75,560
Noncontrolling interests 181 170
Total shareholders’ equity 77,110 75,730
Total liabilities and shareholders’ equity $ 255,585 $ 253,215