10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITEDHEALTH GROUP INC | |||
Ticker: UNH Fiscal Year: 2013 | |||
Consolidated Statements of Operations | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 12, 2014) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Revenues: | |||
| Premiums | $ 109,557 | 99,728 | 91,983 |
| Services | 8,997 | 7,437 | 6,613 |
| Products | 3,190 | 2,773 | 2,612 |
| Investment and other income | 745 | 680 | 654 |
| Total revenues | 122,489 | 110,618 | 101,862 |
| Operating costs: | |||
| Medical costs | 89,290 | 80,226 | 74,332 |
| Operating costs | 19,362 | 17,306 | 15,557 |
| Cost of products sold | 2,839 | 2,523 | 2,385 |
| Depreciation and amortization | 1,375 | 1,309 | 1,124 |
| Total operating costs | 112,866 | 101,364 | 93,398 |
| Earnings from operations | 9,623 | 9,254 | 8,464 |
| Interest expense | (708) | (632) | (505) |
| Earnings before income taxes | 8,915 | 8,622 | 7,959 |
| Provision for income taxes | (3,242) | (3,096) | (2,817) |
| Net earnings | 5,673 | 5,526 | 5,142 |
| Earnings attributable to noncontrolling interest | (48) | 0 | 0 |
| Net earnings attributable to UnitedHealth Group common shareholders | 5,625 | 5,526 | 5,142 |
| Basic net earnings per common share attributable to UnitedHealth Group common shareholders | 5.59 | 5.38 | 4.81 |
| Diluted net earnings per common share attributable to UnitedHealth Group common shareholders | 5.50 | 5.28 | 4.73 |
| Basic weighted-average number of common shares outstanding | 1,006 | 1,027 | 1,070 |
| Dilutive effect of common stock equivalents | 17 | 19 | 17 |
| Diluted weighted-average number of common shares outstanding | 1,023 | 1,046 | 1,087 |
| Anti-dilutive shares excluded from the calculation of dilutive effect of common stock equivalents | 8 | 17 | 47 |
| Cash dividends declared per common share | 1.05 | 0.80 | 0.61 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITEDHEALTH GROUP INC | |||
Ticker: UNH Fiscal Year: 2013 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 12, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Net earnings | $ 5,673 | 5,526 | 5,142 |
| Other comprehensive (loss) income: | |||
| Gross unrealized holding (losses) gains on investment securities during the period | (543) | 217 | 422 |
| Income tax effect | 196 | (78) | (154) |
| Total unrealized (losses) gains, net of tax | (347) | 139 | 268 |
| Gross reclassification adjustment for net realized gains included in net earnings | (181) | (156) | (113) |
| Income tax effect | 66 | 57 | 41 |
| Total reclassification adjustment, net of tax | (115) | (99) | (72) |
| Total foreign currency translation (losses) gains | (884) | (63) | 13 |
| Other comprehensive (loss) income | (1,346) | (23) | 209 |
| Comprehensive income | 4,327 | 5,503 | 5,351 |
| Comprehensive income attributable to noncontrolling interests | (48) | 0 | 0 |
| Comprehensive income attributable to UnitedHealth Group common shareholders | 4,279 | 5,503 | 5,351 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITEDHEALTH GROUP INC | |||
Ticker: UNH Fiscal Year: 2013 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 12, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Operating activities | |||
| Net earnings | $ 5,673 | 5,526 | 5,142 |
| Noncash items: | |||
| Depreciation and amortization | 1,375 | 1,309 | 1,124 |
| Deferred income taxes | 1 | 308 | 59 |
| Share-based compensation | 331 | 421 | 401 |
| Other, net | (83) | (231) | (67) |
| Net change in other operating items, net of effects from acquisitions and changes in AARP balances: | |||
| Accounts receivable | (317) | (130) | (267) |
| Other assets | (838) | (295) | (121) |
| Medical costs payable | 509 | 101 | 377 |
| Accounts payable and other liabilities | 459 | 199 | 146 |
| Other policy liabilities | (221) | (81) | 482 |
| Unearned revenues | 102 | 28 | (308) |
| Cash flows from operating activities | 6,991 | 7,155 | 6,968 |
| Investing activities | |||
| Purchases of investments | (12,176) | (9,903) | (9,895) |
| Sales of investments | 5,706 | 3,794 | 3,949 |
| Maturities of investments | 4,859 | 4,810 | 4,251 |
| Cash paid for acquisitions, net of cash assumed | (362) | (6,280) | (1,844) |
| Cash received from dispositions | 45 | 0 | 385 |
| Purchases of property, equipment and capitalized software | (1,307) | (1,070) | (1,067) |
| Proceeds from disposal of property, equipment and capitalized software | 146 | 0 | 49 |
| Cash flows used for investing activities | (3,089) | (8,649) | (4,172) |
| Financing activities | |||
| Acquisition of noncontrolling interest | (1,474) | (319) | 0 |
| Common stock repurchases | (3,170) | (3,084) | (2,994) |
| Proceeds from issuance of long-term debt | 2,235 | 3,966 | 2,234 |
| Repayments of long-term debt | (1,609) | (986) | (955) |
| (Repayments of) proceeds from commercial paper, net | (474) | 1,587 | (933) |
| Cash dividends paid | (1,056) | (820) | (651) |
| Customer funds administered | 31 | (324) | 37 |
| Proceeds from common stock issuances | 598 | 1,078 | 381 |
| Interest rate swap termination | 0 | 0 | 132 |
| Other, net | (27) | (627) | 259 |
| Cash flows used for financing activities | (4,946) | 471 | (2,490) |
| Effect of exchange rate changes on cash and cash equivalents | (86) | 0 | 0 |
| Decrease in cash and cash equivalents | (1,130) | (1,023) | 306 |
| Cash and cash equivalents, beginning of period | 8,406 | 9,429 | |
| Cash and Cash Equivalents, end of period | 7,276 | 8,406 | 9,429 |
| Supplemental cash flow disclosures | |||
| Cash paid for interest | 724 | 600 | 472 |
| Cash paid for income taxes | 2,785 | 2,666 | 2,739 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
UNITEDHEALTH GROUP INC | ||
Ticker: UNH Fiscal Year: 2013 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2013 10-K (Filed: Feb 12, 2014) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2013 | Dec 31, 2012 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 7,276 | 8,406 |
| Short-term investments | 1,937 | 3,031 |
| Accounts receivable, net of allowances of $196 and $189 | 3,052 | 2,709 |
| Other current receivables, net of allowances of $169 and $206 | 3,998 | 2,889 |
| Assets under management | 2,757 | 2,773 |
| Deferred income taxes | 430 | 463 |
| Prepaid expenses and other current assets | 930 | 781 |
| Total current assets | 20,380 | 21,052 |
| Long-term investments | 19,605 | 17,711 |
| Property, equipment and capitalized software, net of accumulated depreciation and amortization of $2,675 and $2,564 | 4,010 | 3,939 |
| Goodwill | 31,604 | 31,286 |
| Other intangible assets, net of accumulated amortization of $2,283 and $1,824 | 3,844 | 4,682 |
| Other assets | 2,439 | 2,215 |
| Total assets | 81,882 | 80,885 |
| Liabilities and shareholders' equity | ||
| Current liabilities: | ||
| Medical costs payable | 11,575 | 11,004 |
| Accounts payable and accrued liabilities | 7,458 | 6,984 |
| Other policy liabilities | 5,279 | 4,910 |
| Commercial paper and current maturities of long-term debt | 1,969 | 2,713 |
| Unearned revenues | 1,600 | 1,505 |
| Total current liabilities | 27,881 | 27,116 |
| Long-term debt, less current maturities | 14,891 | 14,041 |
| Future policy benefits | 2,465 | 2,444 |
| Deferred income taxes | 1,796 | 2,450 |
| Other liabilities | 1,525 | 1,535 |
| Total liabilities | 48,558 | 47,586 |
| Commitments and contingencies (Note 12) | ||
| Redeemable noncontrolling interest | 1,175 | 2,121 |
| Shareholders' equity: | ||
| Preferred stock, $0.001 par value - 10 shares authorized; no shares issued or outstanding | 0 | 0 |
| Common stock, $0.01 par value - 3,000 shares authorized; 988 and 1,019 issued and outstanding | 10 | 10 |
| Additional paid-in capital | 0 | 66 |
| Retained earnings | 33,047 | 30,664 |
| Accumulated other comprehensive (loss) income | (908) | 438 |
| Total shareholders' equity | 32,149 | 31,178 |
| Total liabilities and shareholders equity | 81,882 | 80,885 |
| External Links | |
| UNITEDHEALTH GROUP INC (UNH) Fiscal Year 2013 | |
| 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 |