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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities    
Net earnings $ 5,148 $ 4,978
Noncash items:    
Depreciation and amortization 788 758
Deferred income taxes 161 341
Share-based compensation 299 256
Other, net 17 (55)
Net change in other operating items, net of effects from acquisitions and changes in AARP balances:    
Accounts receivable (4,521) (2,895)
Other assets (1,089) (955)
Medical costs payable 3,849 2,968
Accounts payable and other liabilities 589 870
Unearned revenues 78 (261)
Cash flows from operating activities 5,319 6,005
Investing activities    
Purchases of investments (4,982) (4,612)
Sales of investments 1,591 643
Maturities of investments 1,759 2,255
Cash paid for acquisitions, net of cash assumed (1,231) (1,193)
Purchases of property, equipment and capitalized software (555) (568)
Other, net (255) (232)
Cash flows used for investing activities (3,673) (3,707)
Financing activities    
Common share repurchases (2,500) (1,650)
Cash dividends paid (1,363) (1,181)
Proceeds from common stock issuances 551 436
Repayments of long-term debt (1,100) (1,150)
Proceeds from short-term borrowings, net 3,148 4,057
Customer funds administered 5,120 2,131
Other, net (1,552) (1,856)
Cash flows from financing activities 2,304 787
Effect of exchange rate on cash and cash equivalents 157 (51)
Increase in cash and cash equivalents 4,107 3,034
Cash, and cash equivalents, beginning of period 21,375 16,921
Cash and cash equivalents, end of period $ 25,482 $ 19,955