Health Net Inc (HNT) Financial Statements (2024 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)Annual | Quarterly
12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 3,194 | 3,128 | 3,539 | 2,660 | 2,779 | 2,272 | |||
Cash and cash equivalents | 973 | 757 | 1,018 | 869 | 1,115 | 603 | |||
Short-term investments | 2,221 | 2,372 | 2,520 | 1,791 | 1,665 | 1,669 | |||
Receivables | (2) | (3) | (2) | (1) | (1) | ||||
Disposal group, including discontinued operation | 50 | 50 | 50 | 50 | |||||
Other current assets | 310 | 501 | 348 | 220 | 157 | 260 | |||
Other undisclosed current assets | 1,505 | 1,181 | 954 | 1,587 | 1,103 | 1,308 | |||
Total current assets: | 5,009 | 4,859 | 4,888 | 4,516 | 4,088 | 3,839 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 139 | 81 | 84 | 84 | 92 | 209 | |||
Long-term investments and receivables | 20 | 7 | 6 | 5 | 3 | 1 | |||
Long-term investments | 20 | 7 | 6 | 5 | 3 | 1 | |||
Intangible assets, net (including goodwill) | 569 | 569 | 570 | 571 | 571 | 579 | |||
Goodwill | 559 | 559 | 559 | 559 | 559 | 566 | |||
Intangible assets, net (excluding goodwill) | 10 | 10 | 11 | 12 | 13 | 13 | |||
Restricted cash and investments | 0 | 0 | 1 | 0 | 0 | 2 | |||
Other noncurrent assets | 270 | 301 | 289 | 188 | 173 | 139 | |||
Other undisclosed noncurrent assets | 16 | 43 | 42 | 33 | 34 | 8 | |||
Total noncurrent assets: | 1,014 | 1,001 | 992 | 880 | 874 | 938 | |||
TOTAL ASSETS: | 6,023 | 5,860 | 5,880 | 5,396 | 4,963 | 4,777 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 1,486 | 1,168 | 1,180 | 880 | 541 | 496 | |||
Accounts payable | 1,486 | 1,168 | 1,180 | 880 | 541 | 496 | |||
Debt | |||||||||
Other liabilities | 56 | 75 | 81 | 72 | 63 | 94 | |||
Other undisclosed current liabilities | 1,805 | 1,948 | 2,074 | 1,992 | 1,859 | 1,619 | |||
Total current liabilities: | 3,348 | 3,191 | 3,336 | 2,945 | 2,462 | 2,210 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 610 | 610 | 595 | 500 | 499 | 499 | |||
Long-term debt, excluding current maturities | 610 | 610 | 595 | 500 | 499 | 499 | |||
Liabilities, other than long-term debt | 278 | 347 | 291 | 358 | 235 | 246 | |||
Deferred compensation liability, classified | 51 | ||||||||
Deferred tax liabilities, net | 22 | ||||||||
Liability for uncertainty in income taxes | 65 | ||||||||
Other liabilities | 278 | 347 | 291 | 243 | 235 | 224 | |||
Other undisclosed noncurrent liabilities | (116) | ||||||||
Total noncurrent liabilities: | 888 | 957 | 885 | 742 | 735 | 745 | |||
Total liabilities: | 4,236 | 4,148 | 4,221 | 3,687 | 3,197 | 2,955 | |||
Equity | |||||||||
Equity, attributable to parent | 1,788 | 1,712 | 1,659 | 1,709 | 1,766 | 1,822 | |||
Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
Treasury stock, value | (2,454) | (2,454) | (2,453) | (2,342) | (2,272) | (2,198) | |||
Additional paid in capital | 1,490 | 1,482 | 1,466 | 1,445 | 1,433 | 1,407 | |||
Accumulated other comprehensive income (loss) | (6) | (14) | 7 | (3) | 1 | (0) | |||
Retained earnings | 2,758 | 2,698 | 2,639 | 2,609 | 2,604 | 2,613 | |||
Total equity: | 1,788 | 1,712 | 1,659 | 1,709 | 1,766 | 1,822 | |||
TOTAL LIABILITIES AND EQUITY: | 6,023 | 5,860 | 5,880 | 5,396 | 4,963 | 4,777 |
Income Statement (P&L) ($ in millions)Annual | Quarterly
12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 4,154 | 4,164 | 3,890 | 3,758 | 3,790 | 3,421 | ||
Revenue, net | 4,140 | 4,147 | 3,877 | 3,747 | 3,779 | 3,409 | ||
Cost of revenue (Cost of Goods and Services Sold) | (158) | (137) | (143) | (1,600) | (124) | (133) | ||
Gross profit: | 3,996 | 4,026 | 3,747 | 2,159 | 3,665 | 3,288 | ||
Operating expenses | (4,000) | (4,032) | (3,822) | (3,742) | (3,767) | (3,323) | ||
Operating loss: | (5) | (5) | (75) | (1,583) | (102) | (34) | ||
Nonoperating income (expense) (Investment Income, Nonoperating) | 15 | 21 | 14 | 11 | 12 | 14 | ||
Interest and debt expense | (8) | (8) | (8) | (8) | (8) | (8) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | 1,973 | |||||||
Income (loss) from continuing operations before equity method investments, income taxes: | 2 | 7 | (69) | 393 | (98) | (28) | ||
Other undisclosed income (loss) from continuing operations before income taxes | 152 | 125 | 137 | (376) | 120 | 127 | ||
Income from continuing operations before income taxes: | 153 | 132 | 68 | 16 | 23 | 99 | ||
Income tax expense (benefit) | (93) | (74) | (38) | (11) | (32) | 22 | ||
Income (loss) from continuing operations: | 60 | 58 | 30 | 5 | (9) | 121 | ||
Income (loss) before gain (loss) on sale of properties: | 60 | 58 | 30 | 5 | (9) | 121 | ||
Net income (loss) available to common stockholders, diluted: | 60 | 58 | 30 | 5 | (9) | 121 |
Comprehensive Income ($ in millions)Annual | Quarterly
12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 60 | 58 | 30 | 5 | (9) | 121 | ||
Other comprehensive income (loss) | 8 | (21) | 11 | (4) | 1 | 14 | ||
Comprehensive income (loss), net of tax, attributable to parent: | 68 | 38 | 41 | 1 | (8) | 135 |
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.