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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities    
Net earnings $ 13,417 $ 10,571
Noncash items:    
Depreciation and amortization 2,159 2,002
Deferred income taxes 119 177
Share-based compensation 527 525
Other, net 48 (181)
Net change in other operating items, net of effects from acquisitions and changes in AARP balances:    
Accounts receivable (194) 957
Other assets (2,697) (2,181)
Medical costs payable (615) 223
Accounts payable and other liabilities 3,441 105
Unearned revenues (132) 60
Cash flows from operating activities 16,073 12,258
Investing activities    
Purchases of investments (11,570) (13,386)
Sales of investments 4,887 6,198
Maturities of investments 5,297 5,160
Cash paid for acquisitions, net of cash assumed (4,326) (8,200)
Purchases of property, equipment and capitalized software (1,477) (1,421)
Other, net (165) 338
Cash flows used for investing activities (7,354) (11,311)
Financing activities    
Common share repurchases (2,541) (5,101)
Cash dividends paid (3,400) (2,908)
Proceeds from common stock issuances 1,206 740
Repayments of long-term debt (1,500) (1,250)
(Repayments of) proceeds from short-term borrowings, net (423) 3,998
Proceeds from issuance of long-term debt 4,864 5,444
Customer funds administered 249 420
Other, net (449) (756)
Cash flows (used for) from financing activities (1,994) 587
Effect of exchange rate changes on cash and cash equivalents (160) (37)
Increase in cash and cash equivalents 6,565 1,497
Cash and cash equivalents, beginning of period 10,985 10,866
Cash and cash equivalents, end of period $ 17,550 $ 12,363