Health Net Inc (HNT) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
21650 OXNARD ST WOODLAND HILLS, CA 91367 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6324 - Hospital and Medical Service Plans (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 2,660 | 2,000 | 2,153 | |||
| Cash and cash equivalent | 869 | 433 | 340 | |||
| Short-term investments | 1,791 | 1,567 | 1,813 | |||
| Receivables | (2) | (1) | (1) | |||
| Disposal group, including discontinued operation | 50 | |||||
| Other current assets | 220 | 133 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 131 | ||
| Other undisclosed current assets | 1,587 | 788 | 767 | |||
| Total current assets: | 4,516 | 2,920 | 3,050 | |||
| Noncurrent Assets | ||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 84 | 201 | 184 | |||
| Long-term investments and receivables | 5 | 60 | ||||
| Long-term investments | 5 | 60 | ||||
| Intangible asset, including goodwill, after accumulated amortization | 571 | 580 | 583 | |||
| Goodwill | 559 | 566 | 566 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 12 | 14 | 17 | |||
| Restricted cash and investments | 0 | 5 | 1 | |||
| Other noncurrent assets | 188 | 163 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 104 | ||
| Other undisclosed noncurrent assets | 33 | 0 | 13 | |||
| Total noncurrent assets: | 880 | 1,009 | 884 | |||
| TOTAL ASSETS: | 5,396 | 3,929 | 3,934 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 880 | |||||
| Accounts payable | 880 | |||||
| Debt | ||||||
| Other liabilities | 72 | 72 | 76 | |||
| Other undisclosed current liabilities | 1,992 | 1,505 | 1,562 | |||
| Total current liabilities: | 2,945 | 1,577 | 1,638 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 500 | 499 | 499 | |||
| Long-term debt, excluding current maturities | 500 | 499 | 499 | |||
| Liabilities, other than long-term debt | 358 | 335 | 352 | |||
| Deferred compensation liability, classified | 51 | 52 | 50 | |||
| Deferred tax liabilities, net | 10 | |||||
| Liability for uncertainty in income taxes | 65 | 59 | 63 | |||
| Other liabilities | 243 | 213 | 240 | |||
| Other undisclosed noncurrent liabilities | (116) | (111) | (112) | |||
| Total noncurrent liabilities: | 742 | 723 | 739 | |||
| Total liabilities: | 3,687 | 2,300 | 2,377 | |||
| Equity | ||||||
| Equity, attributable to parent | 1,709 | 1,629 | 1,557 | |||
| Common stock | 0 | 0 | 0 | |||
| Treasury stock, value | (2,342) | (2,180) | (2,093) | |||
| Additional paid in capital | 1,445 | 1,378 | 1,329 | |||
| Accumulated other comprehensive income (loss) | (3) | (33) | 27 | |||
| Retained earnings | 2,609 | 2,464 | 2,294 | |||
| Total equity: | 1,709 | 1,629 | 1,557 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,396 | 3,929 | 3,934 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 14,009 | 11,054 | 11,289 | ||
| Revenue, net | 13,963 | 10,984 | 11,166 | ||
| Cost of revenue (Cost of Product and Service Sold) | (1,989) | (1,672) | (1,808) | ||
| Gross profit: | 12,019 | 9,382 | 9,481 | ||
| Operating expenses | (13,809) | (10,784) | (11,257) | ||
| Operating loss: | (1,789) | (1,402) | (1,776) | ||
| Nonoperating income (Investment Income, Nonoperating) | 48 | 94 | 119 | ||
| Interest and debt expense | (31) | (33) | (33) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1,973 | 1,611 | 1,722 | ||
| Income from continuing operations before income taxes: | 200 | 270 | 32 | ||
| Income tax expense | (54) | (100) | (6) | ||
| Income from continuing operations: | 146 | 170 | 26 | ||
| Income before gain (loss) on sale of properties: | 146 | 170 | 36 | ||
| Income from discontinued operations | 10 | ||||
| Net income: | 146 | 170 | 36 | ||
| Other undisclosed net income attributable to parent | 86 | ||||
| Net income available to common stockholders, diluted: | 146 | 170 | 122 | ||
Comprehensive Income ($ in millions)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income: | 146 | 170 | 36 | ||
| Other comprehensive income (loss) | 30 | (60) | 10 | ||
| Comprehensive income: | 175 | 110 | 46 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 86 | ||||
| Comprehensive income, net of tax, attributable to parent: | 175 | 110 | 132 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.