10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
ELEVANCE HEALTH, INC. | ||
Ticker: ELV Fiscal Year: 2022 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2022 10-K (Filed: Feb 15, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2022 | Dec 31, 2021 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 7,387 | 4,880 |
| Fixed maturities, current | 25,952 | 26,267 |
| Equity securities | 953 | 1,881 |
| Premium receivables | 7,083 | 5,681 |
| Self-funded receivables | 4,663 | 4,010 |
| Other receivables | 4,298 | 3,749 |
| Other current assets | 5,281 | 4,654 |
| Total current assets | 55,617 | 51,122 |
| Fixed maturity securities, long-term | 752 | 632 |
| Other invested assets, long-term | 5,685 | 5,225 |
| Property and equipment, net | 4,316 | 3,919 |
| Goodwill | 24,383 | 24,228 |
| Total intangible assets | 10,315 | 10,615 |
| Other noncurrent assets | 1,704 | 1,719 |
| Total assets | 102,772 | 97,460 |
| Liabilities and Equity | ||
| Medical claims payable | 15,596 | 13,518 |
| Other policyholder liabilities | 5,933 | 5,521 |
| Unearned income | 1,112 | 1,153 |
| Accounts payable and accrued expenses | 5,607 | 4,970 |
| Short-term borrowings | 265 | 275 |
| Current portion of long-term debt | 1,500 | 1,599 |
| Other current liabilities | 9,683 | 7,849 |
| Total current liabilities | 39,696 | 34,885 |
| Long-term debt, less current portion | 22,349 | 21,157 |
| Reserves for future policy benefits | 737 | 802 |
| Deferred tax liabilities, net | 2,034 | 2,805 |
| Other noncurrent liabilities | 1,562 | 1,683 |
| Total liabilities | 66,378 | 61,332 |
| Commitments and ContingenciesNote 14 | ||
| Shareholders' equity | ||
| Preferred stock, without par value, shares authorized - 100,000,000; shares issued and outstanding - none | 0 | 0 |
| Common stock, par value $0.01, shares authorized - 900,000,000; shares issued and outstanding - 237,958,067 and 241,770,746 | 2 | 2 |
| Additional paid-in capital | 9,084 | 9,148 |
| Retained earnings | 29,724 | 27,088 |
| Accumulated other comprehensive loss | (2,503) | (178) |
| Total shareholders' equity | 36,307 | 36,060 |
| Noncontrolling interests | 87 | 68 |
| Total equity | 36,394 | 36,128 |
| Total liabilities and equity | 102,772 | 97,460 |
| External Links | |
| ELEVANCE HEALTH, INC. (ELV) Fiscal Year 2022 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |