Below are the financial statements of Elevance Health, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 8,288a | 6,526a |
Fixed maturity securities (amortized cost of $25,879 and $30,446; allowance for credit losses of $6 and $4) | 25,201a | 29,614a |
Equity securities | 1,192a | 229a |
Premium receivables | 8,011a | 7,902a |
Self-funded receivables | 5,044a | 4,558a |
Other receivables | 6,016a | 5,405a |
Other current assets | 4,700a | 5,795a |
Assets held for sale | 490a | 0a |
Total current assets | 58,942a | 60,029a |
Long-term investments | — | — |
Fixed maturity securities (amortized cost of $1,049 and $890; allowance for credit losses of $0 and $0) | 1,035a | 876a |
Other invested assets | 9,749a | 6,107a |
Property and equipment, net | 4,652a | 4,359a |
Goodwill | 28,277a | 25,317a |
Other intangible assets | 12,094a | 10,273a |
Other noncurrent assets | 2,140a | 1,967a |
Total assets | 116,889a | 108,928a |
Current liabilities | — | — |
Medical claims payable | 15,746a | 16,111a |
Other policyholder liabilities | 4,204a | 5,600a |
Unearned income | 1,508a | 1,402a |
Accounts payable and accrued expenses | 6,927a | 6,910a |
Short-term borrowings | 365a | 225a |
Current portion of long-term debt | 1,649a | 1,649a |
Other current liabilities | 10,029a | 9,894a |
Liabilities held for sale | 153a | 0a |
Total current liabilities | 40,581a | 41,791a |
Liabilities | — | — |
Long-term debt, less current portion | 29,218a | 23,246a |
Reserves for future policy benefits | 190a | 778a |
Deferred tax liabilities, net | 2,148a | 1,970a |
Other noncurrent liabilities | 3,326a | 1,738a |
Total liabilities | 75,463a | 69,523a |
Shareholders’ equity | — | — |
Preferred stock, without par value, shares authorized - 100,000,000; shares issued and outstanding - none | 0a | 0a |
Common stock, par value $0.01, shares authorized - 900,000,000; shares issued and outstanding - 227,479,695 and 233,071,088 | 2a | 2a |
Additional paid-in capital | 8,911a | 8,868a |
Retained earnings | 33,549a | 31,749a |
Accumulated other comprehensive loss | -1,147a | -1,313a |
Total shareholders’ equity | 41,315a | 39,306a |
Liabilities and equity | — | — |
Noncontrolling interests | 111a | 99a |
Total equity | 41,426a | 39,405a |
Total liabilities and equity | 116,889a | 108,928a |
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