v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 4,985 $ 4,248
Investments 3,930 4,008
Receivables 3,485 3,533
Prepaid expenses and other current assets 528 655
Total current assets 12,928 12,444
Property, equipment, and capitalized software, net 311 301
Goodwill, and intangible assets, net 2,082 2,195
Restricted investments 313 299
Deferred income taxes, net 229 178
Other assets 140 147
Total assets 16,003 15,564
Current liabilities:    
Medical claims and benefits payable 4,841 4,887
Amounts due government agencies 1,651 1,326
Accounts payable, accrued liabilities and other 1,139 1,093
Deferred revenue 69 66
Total current liabilities 7,700 7,372
Long-term debt 3,769 3,766
Finance lease liabilities 184 184
Other long-term liabilities 179 173
Total liabilities 11,832 11,495
Stockholders’ equity:    
Common stock, $0.001 par value, 150 million shares authorized; outstanding: 52 million shares at June 30, 2026 and $51 million at December 31, 2025 0 0
Preferred stock, $0.001 par value; 20 million shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital 511 452
Accumulated other comprehensive (loss) income (16) 15
Retained earnings 3,676 3,602
Total stockholders’ equity 4,171 4,069
Total liabilities and stockholders’ equity $ 16,003 $ 15,564