UnitedHealth Group Incorporated (UNH) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments19,78114,24514,32415,49013,27512,9119,236
Cash and cash equivalents16,92110,98510,86611,98110,43010,9237,495
Short-term investments2,8603,2603,4583,5092,8451,9881,741
Receivables25,40421,46218,25015,83015,65113,3249,750
Deferred tax assets   860556
Other undisclosed current assets8,5336,9276,1185,7644,9534,5444,014
Total current assets:53,71842,63438,69237,08433,87931,63923,556
Noncurrent Assets
Property, plant and equipment8,6268,7048,4587,0135,9014,8614,418
Long-term investments and receivables41,24237,20932,51028,34123,86818,79218,827
Long-term investments41,24237,20932,51028,34123,86818,79218,827
Intangible assets, net (including goodwill)82,19376,00868,23563,04556,12552,84436,609
Goodwill71,33765,65958,91054,55647,58444,45332,940
Intangible assets, net (excluding goodwill)10,85610,3499,3258,4898,5418,3913,669
Other noncurrent assets11,5109,3344,3263,5753,0373,2472,972
Total noncurrent assets:143,571131,255113,529101,97488,93179,74462,826
TOTAL ASSETS:197,289173,889152,221139,058122,810111,38386,382
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:22,49519,00516,70515,18013,36111,9949,247
Employee-related liabilities     1,5001,500
Other undisclosed accounts payable and accrued liabilities22,49519,00516,70515,18013,36110,4947,747
Deferred revenue2,8422,622
Debt4,8193,8701,9732,8577,1936,6341,399
Deferred revenue and credits2,2691,9682,1421,972
Other liabilities20,39214,59512,24412,28610,339  
Other undisclosed current liabilities21,87221,69022,28717,87116,39122,12818,005
Total current liabilities:72,42061,78253,20950,46349,25242,89830,623
Noncurrent Liabilities
Long-term debt and lease obligation38,64836,80834,58128,83525,77725,46016,007
Long-term debt, excluding current maturities38,64836,80834,58128,83525,77725,46016,007
Liabilities, other than long-term debt15,68211,5448,2047,7385,7405,6213,422
Deferred compensation liability, classified 1,400  672553 
Deferred tax liabilities, net2,4742,1822,7613,5872,065
Deferred income tax liabilities3,367 
Other liabilities12,31510,1445,7305,5562,3071,4811,357
Other undisclosed noncurrent liabilities 1,593  1,8521,9432,488
Total noncurrent liabilities:54,33049,94542,78536,57333,36933,02421,917
Total liabilities:126,750111,72795,99487,03682,62175,92252,540
Temporary equity, carrying amount2,2111,7261,9082,1892,0121,7361,388
Stockholders' equity
Stockholders' equity attributable to parent65,49157,61651,69647,77638,27433,83032,454
Common stock1091010101010
Additional paid in capital 7 1,703 29 
Accumulated other comprehensive loss(3,814)(3,578)(4,160)(2,667)(2,681)(3,334)(1,392)
Retained earnings69,29561,17855,84648,73040,94537,12533,836
Stockholders' equity attributable to noncontrolling interest2,8372,8202,6232,057(97)(105) 
Total stockholders' equity:68,32860,43654,31949,83338,17733,72532,454
TOTAL LIABILITIES AND EQUITY:197,289173,889152,221139,058122,810111,38386,382

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues257,141242,155226,247201,159184,840157,107130,474
Revenue, net41,68339,89429,23414,393
Premiums earned, net201,478189,699178,087
Financial services revenue158,453144,118127,163115,302
Cost of revenue(190,141)(184,557)(172,401)(154,148)(141,454)(120,081)(97,041)
Cost of goods and services sold(30,745)(28,117)(26,998)(24,112)(24,416)(16,206)(3,784)
Gross profit:67,00057,59853,84647,01143,38637,02633,433
Operating expenses(44,595)(37,913)(36,502)(31,802)(30,456)(26,005)(23,159)
Operating income:22,40519,68517,34415,20912,93011,02110,274
Nonoperating income
(Investment Income, Nonoperating)
      779
Interest and debt expense(1,663)(1,704)(1,400)(1,186)(1,067)(790)(618)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (779)
Income from continuing operations before income taxes:20,74217,98115,94414,02311,86310,2319,656
Income tax expense(4,973)(3,742)(3,562)(3,200)(4,790)(4,363)(4,037)
Net income:15,76914,23912,38210,8237,0735,8685,619
Net loss attributable to noncontrolling interest(366)(400)(396)(265)(56)(55) 
Net income available to common stockholders, diluted:15,40313,83911,98610,5587,0175,8135,619

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:15,76914,23912,38210,8237,0735,8685,619
Other comprehensive income (loss)(236)582(1,517)14653(1,942)(484)
Comprehensive income:15,53314,82110,86510,8377,7263,9265,135
Comprehensive loss, net of tax, attributable to noncontrolling interest(366)(400)(396)(265)(56)(55) 
Comprehensive income, net of tax, attributable to parent:15,16714,42110,46910,5727,6703,8715,135

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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