v3.26.1
Employee Benefit Plan, Master Trust (Tables) - EBP 003 - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
EBP, Master Trust [Line Items]    
EBP, Master Trust - Text Block
3. Plan's Interest in EH Master Trust
The Elevance Health Defined Contribution Master Trust was established on January 1, 2024 pursuant to a trust agreement between the Plan Administrator and Fidelity in order to facilitate the administration of transactions in certain investment options offered in both this Plan and the Elevance Health Puerto Rico Retirement Savings Plan (together, the "Participating Plans"). Each Participating Plan has a divided interest in specific investment assets held in the EH Master Trust.
A summary of the net assets of the EH Master Trust and the Plan's interest in the net assets of the EH Master Trust as of December 31, 2025 is as follows:
20252024
EH Master Trust Balances
Plan's Interest in EH Master Trust Balances
EH Master Trust Balances
Plan's Interest in EH Master Trust Balances
Investments at fair value
Collective investment trusts$12,095,039,709 $12,093,468,072 $10,874,772,817 $10,873,336,349 
Elevance Health common stock352,309,761 352,194,754 408,045,086 408,004,931 
Mutual funds302,657,683 302,656,679 329,248,156 329,247,804 
Self-directed brokerage accounts316,803,497 316,803,497 250,803,504 250,803,504 
Total investments at fair value
13,066,810,650 13,065,123,002 11,862,869,563 11,861,392,588 
Other assets (liabilities)
(64,169)(64,148)(37,723)(37,719)
Total net assets$13,066,746,481 $13,065,058,854 $11,862,831,840 $11,861,354,869 
During the year ended December 31, 2025, the EH Master Trust net investment income was comprised of the following:
2025
EH Master Trust Balances
Net appreciation in fair value of investments$1,774,360,282 
Interest and dividends43,516,628 
Total EH Master Trust net investment income
$1,817,876,910 
 
EBP, Master Trust - Table Text Block
A summary of the net assets of the EH Master Trust and the Plan's interest in the net assets of the EH Master Trust as of December 31, 2025 is as follows:
20252024
EH Master Trust Balances
Plan's Interest in EH Master Trust Balances
EH Master Trust Balances
Plan's Interest in EH Master Trust Balances
Investments at fair value
Collective investment trusts$12,095,039,709 $12,093,468,072 $10,874,772,817 $10,873,336,349 
Elevance Health common stock352,309,761 352,194,754 408,045,086 408,004,931 
Mutual funds302,657,683 302,656,679 329,248,156 329,247,804 
Self-directed brokerage accounts316,803,497 316,803,497 250,803,504 250,803,504 
Total investments at fair value
13,066,810,650 13,065,123,002 11,862,869,563 11,861,392,588 
Other assets (liabilities)
(64,169)(64,148)(37,723)(37,719)
Total net assets$13,066,746,481 $13,065,058,854 $11,862,831,840 $11,861,354,869 
During the year ended December 31, 2025, the EH Master Trust net investment income was comprised of the following:
2025
EH Master Trust Balances
Net appreciation in fair value of investments$1,774,360,282 
Interest and dividends43,516,628 
Total EH Master Trust net investment income
$1,817,876,910 
 
Net assets available for benefits $ 13,312,912,847 $ 12,110,585,543
Net appreciation in fair value of investments 1,774,360,282  
Interest and dividends 43,516,628  
Total investment income 1,817,876,910  
EBP, Nonconsolidated, Master Trust    
EBP, Master Trust [Line Items]    
Investments at fair value 13,066,810,650 11,862,869,563
Other Assets (Liabilities) (64,169) (37,723)
Net assets available for benefits 13,066,746,481 11,862,831,840
EBP, Nonconsolidated, Master Trust | Common Collective Trust    
EBP, Master Trust [Line Items]    
Investments at fair value 12,095,039,709 10,874,772,817
EBP, Nonconsolidated, Master Trust | Company common stock, at fair value    
EBP, Master Trust [Line Items]    
Investments at fair value 352,309,761 408,045,086
EBP, Nonconsolidated, Master Trust | Mutual Fund    
EBP, Master Trust [Line Items]    
Investments at fair value 302,657,683 329,248,156
EBP, Nonconsolidated, Master Trust | Self-directed brokerage accounts    
EBP, Master Trust [Line Items]    
Investments at fair value 316,803,497 250,803,504
EBP, Nonconsolidated, Plan Interest in Master Trust    
EBP, Master Trust [Line Items]    
Investments at fair value 13,065,123,002 11,861,392,588
Other Assets (Liabilities) (64,148) (37,719)
Net assets available for benefits 13,065,058,854 11,861,354,869
EBP, Nonconsolidated, Plan Interest in Master Trust | Common Collective Trust    
EBP, Master Trust [Line Items]    
Investments at fair value 12,093,468,072 10,873,336,349
EBP, Nonconsolidated, Plan Interest in Master Trust | Company common stock, at fair value    
EBP, Master Trust [Line Items]    
Investments at fair value 352,194,754 408,004,931
EBP, Nonconsolidated, Plan Interest in Master Trust | Mutual Fund    
EBP, Master Trust [Line Items]    
Investments at fair value 302,656,679 329,247,804
EBP, Nonconsolidated, Plan Interest in Master Trust | Self-directed brokerage accounts    
EBP, Master Trust [Line Items]    
Investments at fair value $ 316,803,497 $ 250,803,504