v3.26.1
Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of Reconciliation of Cash and Cash Equivalents
The following is a reconciliation of cash and cash equivalents on the unaudited condensed consolidated balance sheets to total cash, cash equivalents and restricted cash on the unaudited condensed consolidated statements of cash flows:
In millionsMarch 31,
2026		December 31,
2025
Cash and cash equivalents$9,542 $8,453 
Restricted cash (included in other current assets)14 59 
Restricted cash (included in other assets)213 200 
Total cash, cash equivalents and restricted cash in the statements of cash flows$9,769 $8,712 
Schedule of Accounts Receivable, Net Accounts receivable, net as of March 31, 2026 and December 31, 2025 was composed of the following:
In millionsMarch 31,
2026		December 31,
2025
Trade receivables$12,511 $10,563 
Vendor and manufacturer receivables14,144 15,564 
Premium receivables7,633 5,753 
Other receivables6,704 7,899 
   Total accounts receivable, net$40,992 $39,779 
Schedule of Disaggregation of Revenue
The following tables disaggregate the Company’s revenue by major source in each segment for the three months ended March 31, 2026 and 2025:
In millionsHealth Care
Benefits		Health
Services		Pharmacy &
Consumer
Wellness 		Corporate/
Other		Intersegment
Eliminations		Consolidated
Totals
Three Months Ended March 31, 2026
Major goods/services lines:
Pharmacy$— $45,655 $26,123 $— $(14,839)$56,939 
Front Store— — 5,259 — — 5,259 
Premiums33,792 — — 12 (13)33,791 
Net investment income462 — — 112 — 574 
Other1,717 2,582 607 2 (1,045)3,863 
Total$35,971 $48,237 $31,989 $126 $(15,897)$100,426 
Health Services distribution channel:
Pharmacy network (1)
$25,149 
Mail & specialty (2)
20,506 
Other2,582 
Total$48,237 
Three Months Ended March 31, 2025
Major goods/services lines:
Pharmacy$— $41,182 $26,076 $— $(14,751)$52,507 
Front Store— — 5,243 — — 5,243 
Premiums32,808 — — 12 — 32,820 
Net investment income387 14 — 119 — 520 
Other1,615 2,266 593 2 (978)3,498 
Total$34,810 $43,462 $31,912 $133 $(15,729)$94,588 
Health Services distribution channel:
Pharmacy network (1)
$23,114 
Mail & specialty (2)
18,068 
Net investment income14 
Other2,266 
Total$43,462 
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(1)Health Services pharmacy network is defined as claims filled at retail and specialty retail pharmacies, including pharmacies owned by the Company, as well as activity associated with Maintenance Choice®, which permits eligible client plan members to fill their maintenance prescriptions through mail order delivery or at a CVS pharmacy retail store for the same price as mail order.
(2)Health Services mail & specialty is defined as specialty mail claims inclusive of Specialty Connect® claims picked up at a retail pharmacy, as well as mail order and specialty claims fulfilled by the Pharmacy & Consumer Wellness segment.