Humana Inc. (HUM) financial statements (2023 and earlier)

Company profile

Business Address 500 W MAIN ST
LOUISVILLE, KY 40202
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 investments16,58617,22715,02612,36913,59911,4729,838
Cash and cash equivalents3,3944,6734,0542,3434,0423,8772,571
Short-term investments13,19212,55410,97210,0269,5577,5957,267
Receivables1,8141,1381,0561,0158541,2801,161
Other current assets6,4935,2763,8063,5642,9493,4384,712
Total current assets:24,89323,64119,88816,94817,40216,19015,711
Noncurrent Assets
Property, plant and equipment3,0732,3711,9551,7351,5841,5051,384
Long-term investments and receivables9212,3821,4691,4582,7452,2031,843
Long-term investments9212,3821,4691,4582,7452,2031,843
Intangible assets, net (including goodwill)11,0924,4473,9283,8973,2813,2723,265
Goodwill11,0924,4473,9283,8973,2813,2723,265
Other noncurrent assets4,3792,1281,8341,3752,1662,2262,502
Total noncurrent assets:19,46511,3289,1868,4659,7769,2068,994
TOTAL ASSETS:44,35834,96929,07425,41327,17825,39624,705
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4,5094,0133,7543,0674,0692,4672,212
Other undisclosed accounts payable and accrued liabilities4,5094,0133,7543,0674,0692,4672,212
Deferred revenue254318247
Debt1,9536006991,694150300299
Restructuring reserve  4512   
Deferred revenue and credits378280364
Contract with customer, liability283
Other undisclosed current liabilities8,6158,4636,1845,0214,8094,7755,277
Total current liabilities:15,33113,39410,92910,0779,4067,8228,152
Noncurrent Liabilities
Long-term debt and lease obligation10,5416,0604,9674,3754,7703,7923,821
Long-term debt, excluding current maturities10,5416,0604,9674,3754,7703,7923,821
Liabilities, other than long-term debt2,3831,787935581237263235
Other liabilities2,3831,787935581237263235
Other undisclosed noncurrent liabilities  2062192,9232,8342,151
Total noncurrent liabilities:12,9247,8476,1085,1757,9306,8896,207
Total liabilities:28,25521,24117,03715,25217,33614,71114,359
Stockholders' equity
Stockholders' equity attributable to parent16,08013,72812,03710,1619,84210,68510,346
Common stock33333333333333
Treasury stock, value(10,163)(9,918)(8,455)(7,320)(6,325)(3,298)(3,292)
Additional paid in capital3,0822,7052,8202,5352,4452,5622,530
Accumulated other comprehensive income (loss)42391156(159)19(66)58
Retained earnings23,08620,51717,48315,07213,67011,45411,017
Stockholders' equity attributable to noncontrolling interest23      
Total stockholders' equity:16,10313,72812,03710,1619,84210,68510,346
TOTAL LIABILITIES AND EQUITY:44,35834,96929,07425,41327,17825,39624,705

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
Revenues83,06477,15564,88856,91253,76754,37954,289
Premiums earned, net79,82274,18662,94854,941
Financial services revenue 53,02152,409
Cost of revenue
(Deferred Policy Acquisition Costs, Amortization Expense)
   (48)(71)(67)(63)
Gross profit:83,06477,15564,88856,86453,69654,31254,226
Operating expenses(10,121)(10,052)(7,381)(7,525)(6,567)(7,277)(7,318)
Other undisclosed operating loss(69,795)(62,117)(54,315)(46,239)(42,867)(45,294)(44,561)
Operating income:3,1484,9863,1923,1004,2621,7412,347
Nonoperating income (expense)532(103)506(819)   
Investment income, nonoperating   (786)   
Other nonoperating income (expense)532(103)506(33)   
Interest and debt expense(326)(283)(242)(218)(242)(189)(186)
Other undisclosed income from continuing operations before equity method investments, income taxes      270
Income from continuing operations before equity method investments, income taxes:3,3544,6003,4562,0634,0201,5522,431
Income from equity method investments65741411   
Income from continuing operations before income taxes:3,4194,6743,4702,0744,0201,5522,431
Income tax expense(485)(1,307)(763)(391)(1,572)(938)(1,155)
Net income:2,9343,3672,7071,6832,4486141,276
Net loss attributable to noncontrolling interest(1)      
Net income available to common stockholders, diluted:2,9333,3672,7071,6832,4486141,276

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:2,9343,3672,7071,6832,4486141,276
Other comprehensive income (loss)(349)235     
Comprehensive income:2,5853,6022,7071,6832,4486141,276
Comprehensive loss, net of tax, attributable to noncontrolling interest(1)      
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  315(178)85(124)(165)
Comprehensive income, net of tax, attributable to parent:2,5843,6023,0221,5052,5334901,111

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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