Humana Inc. (HUM) Financial Statements (2024 and earlier)

Company Profile

Business Address 500 W MAIN ST
LOUISVILLE, KY 40202
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)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments21,32018,94216,58617,22715,02612,369
Cash and cash equivalents4,6945,0613,3944,6734,0542,343
Short-term investments16,62613,88113,19212,55410,97210,026
Receivables2,0351,6741,8141,1381,0561,015
Other current assets6,6315,5676,4935,2763,8063,564
Total current assets:29,98626,18324,89323,64119,88816,948
Noncurrent Assets
Property, plant and equipment3,0303,2213,0732,3711,9551,735
Long-term investments and receivables1,1221,1299212,3821,4691,458
Long-term investments1,1221,1299212,3821,4691,458
Intangible assets, net (including goodwill)9,5509,14211,0924,4473,9283,897
Goodwill9,5509,14211,0924,4473,9283,897
Other noncurrent assets3,3773,3804,3792,1281,8341,375
Total noncurrent assets:17,07916,87219,46511,3289,1868,465
TOTAL ASSETS:47,06543,05544,35834,96929,07425,413
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:6,5695,2384,5094,0133,7543,067
Other undisclosed accounts payable and accrued liabilities6,5695,2384,5094,0133,7543,067
Deferred revenue266286254318247
Debt1,4432,0921,9536006991,694
Restructuring reserve     4512
Contract with customer, liability283
Other undisclosed current liabilities10,5949,5628,6158,4636,1845,021
Total current liabilities:18,87217,17815,33113,39410,92910,077
Noncurrent Liabilities
Long-term debt and lease obligation10,2139,03410,5416,0604,9674,375
Long-term debt, excluding current maturities10,2139,03410,5416,0604,9674,375
Liabilities, other than long-term debt1,6621,4732,3831,787935581
Other liabilities1,6621,4732,3831,787935581
Other undisclosed noncurrent liabilities     206219
Total noncurrent liabilities:11,87510,50712,9247,8476,1085,175
Total liabilities:30,74727,68528,25521,24117,03715,252
Equity
Equity, attributable to parent16,26215,31116,08013,72812,03710,161
Common stock333333333333
Treasury stock, value(13,658)(12,156)(10,163)(9,918)(8,455)(7,320)
Additional paid in capital3,3463,2463,0822,7052,8202,535
Accumulated other comprehensive income (loss)(999)(1,304)42391156(159)
Retained earnings27,54025,49223,08620,51717,48315,072
Equity, attributable to noncontrolling interest565923   
Total equity:16,31815,37016,10313,72812,03710,161
TOTAL LIABILITIES AND EQUITY:47,06543,05544,35834,96929,07425,413

Income Statement (P&L) ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues106,37492,87083,06477,15564,88856,912
Premiums earned, net101,27287,71279,82274,18662,94854,941
Cost of revenue
(Deferred Policy Acquisition Costs, Amortization Expense)
      (48)
Gross profit:106,37492,87083,06477,15564,88856,864
Operating expenses(13,967)(12,671)(10,121)(10,052)(7,381)(7,525)
Other undisclosed operating loss(88,394)(76,399)(69,795)(62,117)(54,315)(46,239)
Operating income:4,0133,8003,1484,9863,1923,100
Nonoperating income (expense)(137)(68)532(103)506(819)
Investment income, nonoperating      (786)
Other nonoperating income (expense)(137)(68)532(103)506(33)
Interest and debt expense(493)(401)(326)(283)(242)(218)
Other undisclosed income from continuing operations before equity method investments, income taxes  237    
Income from continuing operations before equity method investments, income taxes:3,3833,5683,3544,6003,4562,063
Income (loss) from equity method investments(63)(4)65741411
Income from continuing operations before income taxes:3,3203,5643,4194,6743,4702,074
Income tax expense(836)(762)(485)(1,307)(763)(391)
Income from continuing operations:2,4842,8022,9343,3672,7071,683
Income before gain (loss) on sale of properties:2,9343,3672,7071,683
Net income:2,4842,8022,9343,3672,7071,683
Net income (loss) attributable to noncontrolling interest54(1)   
Net income available to common stockholders, diluted:2,4892,8062,9333,3672,7071,683

Comprehensive Income ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:2,4842,8022,9343,3672,7071,683
Other comprehensive income (loss) 305(1,346)(349)235  
Other undisclosed comprehensive income      
Comprehensive income:2,7891,4562,5853,6022,7071,683
Comprehensive income (loss), net of tax, attributable to noncontrolling interest54(1)   
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    315(178)
Comprehensive income, net of tax, attributable to parent:2,7941,4602,5843,6023,0221,505

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.

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