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: 2015 | |||
Consolidated Statements of Operations | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 9, 2016) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Revenues: | |||
| Premiums | $ 127,163 | 115,302 | 109,557 |
| Products | 17,312 | 4,242 | 3,190 |
| Services | 11,922 | 10,151 | 8,997 |
| Investment and other income | 710 | 779 | 745 |
| Total revenues | 157,107 | 130,474 | 122,489 |
| Operating costs: | |||
| Medical costs | 103,875 | 93,633 | 89,659 |
| Operating costs | 24,312 | 21,263 | 18,941 |
| Cost of products sold | 16,206 | 3,826 | 2,891 |
| Depreciation and amortization | 1,693 | 1,478 | 1,375 |
| Total operating costs | 146,086 | 120,200 | 112,866 |
| Earnings from operations | 11,021 | 10,274 | 9,623 |
| Interest expense | (790) | (618) | (708) |
| Earnings before income taxes | 10,231 | 9,656 | 8,915 |
| Provision for income taxes | (4,363) | (4,037) | (3,242) |
| Net earnings | 5,868 | 5,619 | 5,673 |
| Earnings attributable to noncontrolling interests | (55) | 0 | (48) |
| Net earnings attributable to UnitedHealth Group common stockholders | 5,813 | 5,619 | 5,625 |
| Earnings per share attributable to UnitedHealth Group common stockholders: | |||
| Basic | 6.10 | 5.78 | 5.59 |
| Diluted | 6.01 | 5.70 | 5.50 |
| Basic weighted-average number of common shares outstanding | 953 | 972 | 1,006 |
| Dilutive effect of common share equivalents | 14 | 14 | 17 |
| Diluted weighted-average number of common shares outstanding | 967 | 986 | 1,023 |
| Anti-dilutive shares excluded from the calculation of dilutive effect of common share equivalents | 8 | 6 | 8 |
| Cash dividends declared per common share | 1.88 | 1.41 | 1.05 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITEDHEALTH GROUP INC | |||
Ticker: UNH Fiscal Year: 2015 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 9, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Net earnings | $ 5,868 | 5,619 | 5,673 |
| Other comprehensive loss: | |||
| Gross unrealized (losses) gains on investment securities during the period | (123) | 476 | (543) |
| Income tax effect | 44 | (173) | 196 |
| Total unrealized (losses) gains, net of tax | (79) | 303 | (347) |
| Gross reclassification adjustment for net realized gains included in net earnings | (141) | (211) | (181) |
| Income tax effect | 53 | 77 | 66 |
| Total reclassification adjustment, net of tax | (88) | (134) | (115) |
| Total foreign currency translation losses | (1,775) | (653) | (884) |
| Other comprehensive loss | (1,942) | (484) | (1,346) |
| Comprehensive income | 3,926 | 5,135 | 4,327 |
| Comprehensive income attributable to noncontrolling interests | (55) | 0 | (48) |
| Comprehensive income attributable to UnitedHealth Group common stockholders | 3,871 | 5,135 | 4,279 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITEDHEALTH GROUP INC | |||
Ticker: UNH Fiscal Year: 2015 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 9, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Operating activities | |||
| Net earnings | $ 5,868 | 5,619 | 5,673 |
| Noncash items: | |||
| Depreciation and amortization | 1,693 | 1,478 | 1,375 |
| Deferred income taxes | (73) | (117) | 1 |
| Share-based compensation | 406 | 364 | 331 |
| Other, net | (235) | (298) | (83) |
| Net change in other operating items, net of effects from acquisitions and changes in AARP balances: | |||
| Accounts receivable | (591) | (911) | (317) |
| Other assets | (1,430) | (590) | (838) |
| Medical costs payable | 2,585 | 484 | 509 |
| Accounts payable and other liabilities | 643 | 1,642 | 459 |
| Other policy liabilities | 637 | (5) | (221) |
| Unearned revenues | 237 | 385 | 102 |
| Cash flows from operating activities | 9,740 | 8,051 | 6,991 |
| Investing activities | |||
| Purchases of investments | (9,939) | (9,928) | (12,176) |
| Sales of investments | 6,054 | 7,701 | 5,706 |
| Maturities of investments | 3,354 | 3,026 | 4,859 |
| Cash paid for acquisitions, net of cash assumed | (16,164) | (1,923) | (362) |
| Purchases of property, equipment and capitalized software | (1,556) | (1,525) | (1,307) |
| Other, net | (144) | 115 | 191 |
| Cash flows used for investing activities | (18,395) | (2,534) | (3,089) |
| Financing activities | |||
| Acquisition of redeemable noncontrolling interest shares | (118) | 0 | (1,474) |
| Common stock repurchases | (1,200) | (4,008) | (3,170) |
| Cash dividends paid | (1,786) | (1,362) | (1,056) |
| Proceeds from common stock issuances | 402 | 462 | 598 |
| Repayments of long-term debt | (1,041) | (812) | (1,609) |
| Proceeds from (repayments of) commercial paper, net | 3,666 | (794) | (474) |
| Proceeds from issuance of long-term debt | 11,982 | 1,997 | 2,235 |
| Customer funds administered | 768 | (638) | 31 |
| Other, net | (434) | (138) | (27) |
| Cash flows from (used for) financing activities | 12,239 | (5,293) | (4,946) |
| Effect of exchange rate changes on cash and cash equivalents | (156) | (5) | (86) |
| Increase (decrease) in cash and cash equivalents | 3,428 | 219 | (1,130) |
| Cash and cash equivalents, beginning of period | 7,495 | 7,276 | |
| Cash and cash equivalents, end of period | 10,923 | 7,495 | 7,276 |
| Supplemental cash flow disclosures | |||
| Cash paid for interest | 639 | 644 | 724 |
| Cash paid for income taxes | 4,401 | 4,024 | 2,785 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
UNITEDHEALTH GROUP INC | ||
Ticker: UNH Fiscal Year: 2015 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2015 10-K (Filed: Feb 9, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2015 | Dec 31, 2014 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 10,923 | 7,495 |
| Short-term investments | 1,988 | 1,741 |
| Accounts receivable, net of allowances of $333 and $260 | 6,523 | 4,252 |
| Other current receivables, net of allowances of $138 and $156 | 6,801 | 5,498 |
| Assets under management | 2,998 | 2,962 |
| Deferred income taxes | 860 | 556 |
| Prepaid expenses and other current assets | 1,546 | 1,052 |
| Total current assets | 31,639 | 23,556 |
| Long-term investments | 18,792 | 18,827 |
| Property, equipment and capitalized software, net of accumulated depreciation and amortization of $3,173 and $2,954 | 4,861 | 4,418 |
| Goodwill | 44,453 | 32,940 |
| Other intangible assets, net of accumulated amortization of $3,128 and $2,685 | 8,391 | 3,669 |
| Other assets | 3,247 | 2,972 |
| Total assets | 111,383 | 86,382 |
| Liabilities, redeemable noncontrolling interests and equity | ||
| Current liabilities: | ||
| Medical costs payable | 14,330 | 12,040 |
| Accounts payable and accrued liabilities | 11,994 | 9,247 |
| Other policy liabilities | 7,798 | 5,965 |
| Commercial paper and current maturities of long-term debt | 6,634 | 1,399 |
| Unearned revenues | 2,142 | 1,972 |
| Total current liabilities | 42,898 | 30,623 |
| Long-term debt, less current maturities | 25,460 | 16,007 |
| Future policy benefits | 2,496 | 2,488 |
| Deferred income taxes | 3,587 | 2,065 |
| Other liabilities | 1,481 | 1,357 |
| Total liabilities | 75,922 | 52,540 |
| Commitments and contingencies (Note 13) | ||
| Redeemable noncontrolling interests | 1,736 | 1,388 |
| 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; 953 and 954 issued and outstanding | 10 | 10 |
| Additional paid-in capital | 29 | 0 |
| Retained earnings | 37,125 | 33,836 |
| Accumulated other comprehensive loss | (3,334) | (1,392) |
| Nonredeemable noncontrolling interest | (105) | 0 |
| Total equity | 33,725 | 32,454 |
| Total liabilities, redeemable noncontrolling interests and equity | 111,383 | 86,382 |
| External Links | |
| UNITEDHEALTH GROUP INC (UNH) Fiscal Year 2015 | |
| 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 |