v3.26.1
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Premiums $ 41,279 $ 41,271 $ 82,303 $ 82,158
Total operating revenue 49,826 49,421 99,320 98,186
Net investment income 704 486 1,469 1,076
Net losses on financial instruments (56) (131) (134) (595)
Total revenues 50,474 49,776 100,655 98,667
Expenses        
Benefit expense 37,024 36,706 72,639 72,018
Cost of products sold 5,492 5,293 10,955 10,276
Operating expense 5,547 4,997 11,877 10,297
Interest expense 364 341 721 685
Amortization of other intangible assets 110 147 222 302
Total expenses 48,537 47,484 96,414 93,578
Income before income tax expense 1,937 2,292 4,241 5,089
Income tax expense 483 548 1,027 1,161
Net income 1,454 1,744 3,214 3,928
Net loss (gain) attributable to noncontrolling interests 9 (1) 13 (2)
Shareholders’ net income $ 1,463 $ 1,743 $ 3,227 $ 3,926
Shareholders’ net income per share        
Basic (in dollars per share) $ 6.74 $ 7.74 $ 14.78 $ 17.39
Diluted (in dollars per share) 6.71 7.72 14.73 17.33
Dividends per share (in dollars per share) $ 1.72 $ 1.71 $ 3.44 $ 3.42
Product revenue        
Revenues        
Product and service revenue $ 6,264 $ 6,042 $ 12,489 $ 11,851
Service fees        
Revenues        
Product and service revenue $ 2,283 $ 2,108 $ 4,528 $ 4,177