Cigna Corporation (CI) financial statements (2020 and earlier)

Company profile

Business Address 900 COTTAGE GROVE ROAD
BLOOMFIELD, CT 06002
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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,9485,900
Cash and cash equivalents4,5773,855
Short-term investments1,3712,045
Receivables11,71910,473
Inventory, net of allowances, customer advances and progress billings2,1602,821
Inventory2,1602,821
Other current assets1,3411,236
Total current assets:21,16820,430
Noncurrent Assets
Finance lease, right-of-use asset88
Operating lease, right-of-use asset565
Property, plant and equipment4,4484,562
Long-term investments and receivables28,90426,929
Long-term investments28,90426,929
Intangible assets, net (including goodwill)81,54683,508
Goodwill44,46244,505
Intangible assets, net (excluding goodwill)37,08439,003
Other noncurrent assets2,3791,630
Other undisclosed noncurrent assets15,74916,167
Total noncurrent assets:133,679132,796
TOTAL ASSETS:154,847153,226
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,5024,366
Accounts payable4,5024,366
Debt4,7122,955
Other undisclosed current liabilities25,23324,574
Total current liabilities:34,44731,895
Noncurrent Liabilities
Long-term debt and lease obligation, including:34,04139,523
Finance lease, liability64
Operating lease, liability495
Other undisclosed long-term debt and lease obligation33,48239,523
Liabilities, other than long-term debt3,91912,923
Deferred tax liabilities, net9,453
Other liabilities3,9193,470
Other undisclosed noncurrent liabilities37,70727,813
Total noncurrent liabilities:75,66780,259
Total liabilities:110,114112,154
Temporary equity, carrying amount3437
Stockholders' equity
Stockholders' equity attributable to parent44,69641,028
Common stock44
Treasury stock, value(1,750)(104)
Additional paid in capital28,11527,751
Accumulated other comprehensive loss(858)(1,711)
Retained earnings19,18515,088
Stockholders' equity attributable to noncontrolling interest37
Total stockholders' equity:44,69941,035
TOTAL LIABILITIES AND EQUITY:154,847153,226

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

9/30/2019
TTM
12/31/2018
Revenues115,32148,650
Premiums earned, net29,70936,113
Cost of revenue(96,495)(32,321)
Cost of goods and services sold(73,565)(4,793)
Policyholder benefits and claims incurred, net(22,930)(27,528)
Gross profit:18,82616,329
Operating expenses(12,310)(12,169)
Operating income:6,5164,160
Nonoperating expense
(Other Nonoperating expense)
(1,291)(498)
Interest and debt expense (507)
Income from continuing operations before equity method investments, income taxes:5,2253,155
Other undisclosed income from continuing operations before income taxes84426
Income from continuing operations before income taxes:5,3093,581
Income tax expense(1,173)(935)
Net income:4,1362,646
Net loss attributable to noncontrolling interest(9)(9)
Net income available to common stockholders, diluted:4,1272,637

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
Net income:4,1362,646
Other comprehensive income (loss)853(390)
Other undisclosed comprehensive loss(3)(15)
Comprehensive income:4,9862,241
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(8)6
Other undisclosed comprehensive income, net of tax, attributable to parent2 
Comprehensive income, net of tax, attributable to parent:4,9802,247

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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