UnitedHealth Group Incorporated (UNH) financial statements (2020 and earlier)

Company profile

Business Address UNITEDHEALTH GROUP CENTER
MINNEAPOLIS, MN 55343
State of Incorp. DE
Fiscal Year End December 31
SIC 6324 - Hospital and Medical Service Plans (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments15,81814,32415,49013,27512,9119,2369,213
Cash and cash equivalents12,36310,86611,98110,43010,9237,4957,276
Short-term investments3,4553,4583,5092,8451,9881,7411,937
Receivables21,11618,25015,83015,65113,3249,7503,052
Deferred tax assets   860556 
Other undisclosed current assets6,6076,1185,7644,9534,5444,0148,115
Total current assets:43,54138,69237,08433,87931,63923,55620,380
Noncurrent Assets
Property, plant and equipment8,5018,4587,0135,9014,8614,4184,010
Long-term investments and receivables36,84032,51028,34123,86818,79218,82719,605
Long-term investments36,84032,51028,34123,86818,79218,82719,605
Intangible assets, net (including goodwill)75,72668,23563,04556,12552,84436,60935,448
Goodwill65,20558,91054,55647,58444,45332,94031,604
Intangible assets, net (excluding goodwill)10,5219,3258,4898,5418,3913,6693,844
Other noncurrent assets9,1014,3263,5753,0373,2472,9722,439
Total noncurrent assets:130,168113,529101,97488,93179,74462,82661,502
TOTAL ASSETS:173,709152,221139,058122,810111,38386,38281,882
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:18,57016,70515,18013,36111,9949,2477,458
Employee-related liabilities    1,5001,500 
Other undisclosed accounts payable and accrued liabilities18,57016,70515,18013,36110,4947,7477,458
Deferred revenue2,500
Debt6,3871,9732,8577,1936,6341,3991,969
Deferred revenue and credits2,2691,9682,1421,9721,600
Other liabilities14,24512,24412,28610,339   
Other undisclosed current liabilities20,93922,28717,87116,39122,12818,00516,854
Total current liabilities:62,64153,20950,46349,25242,89830,62327,881
Noncurrent Liabilities
Long-term debt and lease obligation38,50734,58128,83525,77725,46016,00714,891
Long-term debt, excluding current maturities38,50734,58128,83525,77725,46016,00714,891
Liabilities, other than long-term debt9,9128,2047,7385,7405,6213,4223,321
Deferred compensation liability, classified   672553  
Deferred tax liabilities, net2,4742,1822,7613,5872,0651,796
Other liabilities9,9125,7305,5562,3071,4811,3571,525
Other undisclosed noncurrent liabilities2,902  1,8521,9432,4882,465
Total noncurrent liabilities:51,32142,78536,57333,36933,02421,91720,677
Total liabilities:113,96295,99487,03682,62175,92252,54048,558
Temporary equity, carrying amount1,9911,9082,1892,0121,7361,3881,175
Stockholders' equity
Stockholders' equity attributable to parent54,99651,69647,77638,27433,83032,45432,149
Common stock9101010101010
Additional paid in capital  1,703 29  
Accumulated other comprehensive loss(3,709)(4,160)(2,667)(2,681)(3,334)(1,392)(908)
Retained earnings58,69655,84648,73040,94537,12533,83633,047
Stockholders' equity attributable to noncontrolling interest2,7602,6232,057(97)(105)  
Total stockholders' equity:57,75654,31949,83338,17733,72532,45432,149
TOTAL LIABILITIES AND EQUITY:173,709152,221139,058122,810111,38386,38281,882

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues239,671226,247201,159184,840157,107130,474122,489
Revenue, net41,68339,89429,23414,39312,187
Premiums earned, net187,006178,087
Financial services revenue158,453144,118127,163115,302109,557
Cost of revenue(183,350)(172,401)(154,148)(141,454)(120,081)(97,041)(92,129)
Cost of goods and services sold(29,231)(26,998)(24,112)(24,416)(16,206)(3,784)(2,839)
Gross profit:56,32153,84647,01143,38637,02633,43330,360
Operating expenses(37,234)(36,502)(31,802)(30,456)(26,005)(23,159)(20,737)
Operating income:19,08717,34415,20912,93011,02110,2749,623
Nonoperating income
(Investment Income, Nonoperating)
     779745
Interest and debt expense(1,641)(1,400)(1,186)(1,067)(790)(618)(708)
Other undisclosed loss from continuing operations before equity method investments, income taxes     (779)(745)
Income from continuing operations before income taxes:17,44615,94414,02311,86310,2319,6568,915
Income tax expense(3,711)(3,562)(3,200)(4,790)(4,363)(4,037)(3,242)
Net income:13,73512,38210,8237,0735,8685,6195,673
Net loss attributable to noncontrolling interest(397)(396)(265)(56)(55) (48)
Net income available to common stockholders, diluted:13,33811,98610,5587,0175,8135,6195,625

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:13,73512,38210,8237,0735,8685,6195,673
Other comprehensive income (loss)677(1,517)14653(1,942)(484)(1,346)
Comprehensive income:14,41210,86510,8377,7263,9265,1354,327
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(397)(396)(265)(56)(55) 48
Other undisclosed comprehensive loss, net of tax, attributable to parent      (96)
Comprehensive income, net of tax, attributable to parent:14,01510,46910,5727,6703,8715,1354,279

Statements sources

The financial statements are based on the company's filings with the 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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