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: 2016 | |||
Consolidated Statements of Operations | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 8, 2017) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Revenues: | |||
| Premiums | $ 144,118 | 127,163 | 115,302 |
| Products | 26,658 | 17,312 | 4,242 |
| Services | 13,236 | 11,922 | 10,151 |
| Investment and other income | 828 | 710 | 779 |
| Total revenues | 184,840 | 157,107 | 130,474 |
| Operating costs: | |||
| Medical costs | 117,038 | 103,875 | 93,633 |
| Operating costs | 28,401 | 24,312 | 21,263 |
| Cost of products sold | 24,416 | 16,206 | 3,826 |
| Depreciation and amortization | 2,055 | 1,693 | 1,478 |
| Total operating costs | 171,910 | 146,086 | 120,200 |
| Earnings from operations | 12,930 | 11,021 | 10,274 |
| Interest expense | (1,067) | (790) | (618) |
| Earnings before income taxes | 11,863 | 10,231 | 9,656 |
| Provision for income taxes | (4,790) | (4,363) | (4,037) |
| Net earnings | 7,073 | 5,868 | 5,619 |
| Earnings attributable to noncontrolling interests | (56) | (55) | 0 |
| Net earnings attributable to UnitedHealth Group common shareholders | 7,017 | 5,813 | 5,619 |
| Earnings per share attributable to UnitedHealth Group common shareholders: | |||
| Basic | 7.37 | 6.10 | 5.78 |
| Diluted | 7.25 | 6.01 | 5.70 |
| Basic weighted-average number of common shares outstanding | 952 | 953 | 972 |
| Dilutive effect of common share equivalents | 16 | 14 | 14 |
| Diluted weighted-average number of common shares outstanding | 968 | 967 | 986 |
| Anti-dilutive shares excluded from the calculation of dilutive effect of common share equivalents | 3 | 8 | 6 |
| Cash dividends declared per common share | 2.38 | 1.88 | 1.41 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITEDHEALTH GROUP INC | |||
Ticker: UNH Fiscal Year: 2016 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 8, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Net earnings | $ 7,073 | 5,868 | 5,619 |
| Other comprehensive income (loss): | |||
| Gross unrealized (losses) gains on investment securities during the period | (73) | (123) | 476 |
| Income tax effect | 26 | 44 | (173) |
| Total unrealized (losses) gains, net of tax | (47) | (79) | 303 |
| Gross reclassification adjustment for net realized gains included in net earnings | (166) | (141) | (211) |
| Income tax effect | 60 | 53 | 77 |
| Total reclassification adjustment, net of tax | (106) | (88) | (134) |
| Total foreign currency translation gains (losses) | 806 | (1,775) | (653) |
| Other comprehensive income (loss) | 653 | (1,942) | (484) |
| Comprehensive income | 7,726 | 3,926 | 5,135 |
| Comprehensive income attributable to noncontrolling interests | (56) | (55) | 0 |
| Comprehensive income attributable to UnitedHealth Group common shareholders | 7,670 | 3,871 | 5,135 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITEDHEALTH GROUP INC | |||
Ticker: UNH Fiscal Year: 2016 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 8, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Operating activities | |||
| Net earnings | $ 7,073 | 5,868 | 5,619 |
| Noncash items: | |||
| Depreciation and amortization | 2,055 | 1,693 | 1,478 |
| Deferred income taxes | 81 | (73) | (117) |
| Share-based compensation | 485 | 406 | 364 |
| Other, net | (82) | (235) | (298) |
| Net change in other operating items, net of effects from acquisitions and changes in AARP balances: | |||
| Accounts receivable | (1,357) | (591) | (911) |
| Other assets | (1,601) | (1,430) | (590) |
| Medical costs payable | 1,849 | 2,585 | 484 |
| Accounts payable and other liabilities | 1,494 | 1,280 | 1,637 |
| Unearned revenues | (202) | 237 | 385 |
| Cash flows from operating activities | 9,795 | 9,740 | 8,051 |
| Investing activities | |||
| Purchases of investments | (17,547) | (9,939) | (9,928) |
| Sales of investments | 7,339 | 6,054 | 7,701 |
| Maturities of investments | 4,281 | 3,354 | 3,026 |
| Cash paid for acquisitions, net of cash assumed | (1,760) | (16,164) | (1,923) |
| Purchases of property, equipment and capitalized software | (1,705) | (1,556) | (1,525) |
| Other, net | 37 | (144) | 115 |
| Cash flows used for investing activities | (9,355) | (18,395) | (2,534) |
| Financing activities | |||
| Acquisition of redeemable noncontrolling interest shares | (257) | (118) | 0 |
| Common share repurchases | (1,280) | (1,200) | (4,008) |
| Cash dividends paid | (2,261) | (1,786) | (1,362) |
| Proceeds from common stock issuances | 429 | 402 | 462 |
| Repayments of long-term debt | (2,596) | (1,041) | (812) |
| (Repayments of) proceeds from commercial paper, net | (382) | 3,666 | (794) |
| Proceeds from issuance of long-term debt | 3,968 | 11,982 | 1,997 |
| Customer funds administered | 1,692 | 768 | (638) |
| Other, net | (324) | (434) | (138) |
| Cash flows (used for) from financing activities | (1,011) | 12,239 | (5,293) |
| Effect of exchange rate changes on cash and cash equivalents | 78 | (156) | (5) |
| (Decrease) increase in cash and cash equivalents | (493) | 3,428 | 219 |
| Cash and cash equivalents, beginning of period | 10,923 | 7,495 | |
| Cash and cash equivalents, end of period | 10,430 | 10,923 | 7,495 |
| Supplemental cash flow disclosures | |||
| Cash paid for interest | 1,055 | 639 | 644 |
| Cash paid for income taxes | 4,726 | 4,401 | 4,024 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
UNITEDHEALTH GROUP INC | ||
Ticker: UNH Fiscal Year: 2016 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2016 10-K (Filed: Feb 8, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 10,430 | 10,923 |
| Short-term investments | 2,845 | 1,988 |
| Accounts receivable, net of allowances of $514 and $333 | 8,152 | 6,523 |
| Other current receivables, net of allowances of $409 and $138 | 7,499 | 6,801 |
| Assets under management | 3,105 | 2,998 |
| Prepaid expenses and other current assets | 1,848 | 2,406 |
| Total current assets | 33,879 | 31,639 |
| Long-term investments | 23,868 | 18,792 |
| Property, equipment and capitalized software, net of accumulated depreciation and amortization of $3,749 and $3,173 | 5,901 | 4,861 |
| Goodwill | 47,584 | 44,453 |
| Other intangible assets, net of accumulated amortization of $3,847 and $3,128 | 8,541 | 8,391 |
| Other assets | 3,037 | 3,118 |
| Total assets | 122,810 | 111,254 |
| Liabilities, redeemable noncontrolling interests and equity | ||
| Current liabilities: | ||
| Medical costs payable | 16,391 | 14,330 |
| Accounts payable and accrued liabilities | 13,361 | 11,994 |
| Commercial paper and current maturities of long-term debt | 7,193 | 6,634 |
| Unearned revenues | 1,968 | 2,142 |
| Other current liabilities | 10,339 | 7,798 |
| Total current liabilities | 49,252 | 42,898 |
| Long-term debt, less current maturities | 25,777 | 25,331 |
| Future policy benefits | 2,524 | 2,496 |
| Deferred income taxes | 2,761 | 3,587 |
| Other liabilities | 2,307 | 1,481 |
| Total liabilities | 82,621 | 75,793 |
| Commitments and contingencies (Note 12) | ||
| Redeemable noncontrolling interests | 2,012 | 1,736 |
| 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; 952 and 953 issued and outstanding | 10 | 10 |
| Additional paid-in capital | 0 | 29 |
| Retained earnings | 40,945 | 37,125 |
| Accumulated other comprehensive loss | (2,681) | (3,334) |
| Nonredeemable noncontrolling interest | (97) | (105) |
| Total equity | 38,177 | 33,725 |
| Total liabilities, redeemable noncontrolling interests and equity | 122,810 | 111,254 |
| External Links | |
| UNITEDHEALTH GROUP INC (UNH) Fiscal Year 2016 | |
| 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 |