UnitedHealth Group Incorporated (UNH) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments23,90719,78114,24514,32415,49013,27512,911
Cash and cash equivalents21,37516,92110,98510,86611,98110,43010,923
Short-term investments2,5322,8603,2603,4583,5092,8451,988
Receivables28,08225,40421,46218,25015,83015,65113,324
Deferred tax assets   860
Other undisclosed current assets9,7698,5336,9276,1185,7644,9534,544
Total current assets:61,75853,71842,63438,69237,08433,87931,639
Noncurrent Assets
Property, plant and equipment8,9698,6268,7048,4587,0135,9014,861
Long-term investments and receivables43,11441,24237,20932,51028,34123,86818,792
Long-term investments43,11441,24237,20932,51028,34123,86818,792
Intangible assets, net (including goodwill)85,83982,19376,00868,23563,04556,12552,844
Goodwill75,79571,33765,65958,91054,55647,58444,453
Intangible assets, net (excluding goodwill)10,04410,85610,3499,3258,4898,5418,391
Other noncurrent assets12,52611,5109,3344,3263,5753,0373,247
Total noncurrent assets:150,448143,571131,255113,529101,97488,93179,744
TOTAL ASSETS:212,206197,289173,889152,221139,058122,810111,383
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:24,64322,49519,00516,70515,18013,36111,994
Employee-related liabilities      1,500
Other undisclosed accounts payable and accrued liabilities24,64322,49519,00516,70515,18013,36110,494
Deferred revenue2,5712,8422,622
Debt3,6204,8193,8701,9732,8577,1936,634
Deferred revenue and credits2,2691,9682,142
Other liabilities22,97520,39214,59512,24412,28610,339 
Other undisclosed current liabilities24,48321,87221,69022,28717,87116,39122,128
Total current liabilities:78,29272,42061,78253,20950,46349,25242,898
Noncurrent Liabilities
Long-term debt and lease obligation42,38338,64836,80834,58128,83525,77725,460
Long-term debt, excluding current maturities42,38338,64836,80834,58128,83525,77725,460
Liabilities, other than long-term debt15,05215,68211,5448,2047,7385,7405,621
Deferred compensation liability, classified  1,400  672553
Deferred tax liabilities, net2,4742,1822,7613,587
Deferred income tax liabilities3,2653,367 
Other liabilities11,78712,31510,1445,7305,5562,3071,481
Other undisclosed noncurrent liabilities  1,593  1,8521,943
Total noncurrent liabilities:57,43554,33049,94542,78536,57333,36933,024
Total liabilities:135,727126,750111,72795,99487,03682,62175,922
Temporary equity, carrying amount1,4342,2111,7261,9082,1892,0121,736
Stockholders' equity
Stockholders' equity attributable to parent71,76065,49157,61651,69647,77638,27433,830
Common stock1010910101010
Additional paid in capital  7 1,703 29
Accumulated other comprehensive loss(5,384)(3,814)(3,578)(4,160)(2,667)(2,681)(3,334)
Retained earnings77,13469,29561,17855,84648,73040,94537,125
Stockholders' equity attributable to noncontrolling interest3,2852,8372,8202,6232,057(97)(105)
Total stockholders' equity:75,04568,32860,43654,31949,83338,17733,725
TOTAL LIABILITIES AND EQUITY:212,206197,289173,889152,221139,058122,810111,383

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues287,597257,141242,155226,247201,159184,840157,107
Revenue, net41,68339,89429,234
Premiums earned, net226,233201,478189,699178,087
Financial services revenue158,453144,118127,163
Cost of revenue(217,945)(190,141)(184,557)(172,401)(154,148)(141,454)(120,081)
Cost of goods and services sold(31,034)(30,745)(28,117)(26,998)(24,112)(24,416)(16,206)
Gross profit:69,65267,00057,59853,84647,01143,38637,026
Operating expenses(45,682)(44,595)(37,913)(36,502)(31,802)(30,456)(26,005)
Operating income:23,97022,40519,68517,34415,20912,93011,021
Interest and debt expense(1,660)(1,663)(1,704)(1,400)(1,186)(1,067)(790)
Income from continuing operations before income taxes:22,31020,74217,98115,94414,02311,86310,231
Income tax expense(4,578)(4,973)(3,742)(3,562)(3,200)(4,790)(4,363)
Net income:17,73215,76914,23912,38210,8237,0735,868
Net loss attributable to noncontrolling interest(447)(366)(400)(396)(265)(56)(55)
Net income available to common stockholders, diluted:17,28515,40313,83911,98610,5587,0175,813

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:17,73215,76914,23912,38210,8237,0735,868
Other comprehensive income (loss)(1,570)(236)582(1,517)14653(1,942)
Comprehensive income:16,16215,53314,82110,86510,8377,7263,926
Comprehensive loss, net of tax, attributable to noncontrolling interest(447)(366)(400)(396)(265)(56)(55)
Comprehensive income, net of tax, attributable to parent:15,71515,16714,42110,46910,5727,6703,871

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: