Aetna inc /pa/ (AET)
Income statement / Quarterly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08
Revenue:
Health care premiums

13,237

13,301

13,070

11,212

13,272

13,775

13,763

13,493

13,525

13,629

13,469

12,906

12,834

12,936

12,940

12,645

12,588

12,416

11,911

11,147

11,025

9,701

7,785

7,269

7,246

7,167

7,187

6,928

6,776

6,733

6,750

6,891

6,908

6,915

6,895

7,128

7,092

7,030

6,992

6,450

Other premiums

-

-

-

-

-

-

-

546

549

547

540

543

543

546

538

533

538

551

561

516

525

514

521

474

482

468

476

438

439

451

445

438

448

460

474

460

471

475

485

466

Group annuity contract conversion premium

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fees and other revenue

2,068

2,077

2,062

1,526

1,443

1,486

1,475

1,466

1,454

1,474

1,467

1,417

1,394

1,509

1,375

1,353

1,337

1,289

1,248

1,224

1,233

1,126

966

971

954

967

959

973

946

896

899

903

853

873

899

874

876

892

893

834

Net investment income

202

206

197

220

233

237

260

222

219

251

218

223

213

247

232

238

234

228

244

246

210

225

235

240

216

223

241

205

233

241

252

279

248

253

275

265

263

258

249

229

Net realized capital gains (losses)

-23

-23

6

23

46

25

-333

1

34

52

-1

-42

-33

2

8

-0

28

23

28

3

-12

-29

30

31

17

8

51

28

78

21

39

27

79

43

76

28

18

13

-4

-356

Total revenue

15,484

15,561

15,335

14,853

14,994

15,523

15,165

15,728

15,781

15,953

15,693

15,049

14,953

15,240

15,094

14,771

14,727

14,509

13,994

13,182

13,035

11,537

9,538

9,929

8,917

8,835

8,917

8,574

8,475

8,344

8,387

8,539

8,538

8,545

8,621

8,756

8,722

8,670

8,614

7,624

Benefits and expenses:
Health care costs

10,852

10,670

10,574

9,216

10,960

11,116

11,461

11,083

11,092

11,232

10,848

10,565

10,409

10,496

10,240

10,501

10,354

10,314

9,576

9,347

9,161

8,006

6,379

6,115

5,847

5,908

5,857

5,593

5,345

5,366

5,348

5,720

5,649

5,658

5,691

6,085

6,069

6,102

5,804

5,216

Cost of Goods and Services Sold

390

391

373

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current and future benefits

-

-

-

-

-

-

-

512

535

525

529

524

528

539

528

539

521

525

578

596

557

539

559

497

517

483

511

443

470

477

485

524

480

480

527

556

514

503

503

464

Benefit expense on group annuity contract conversion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling expenses

-

-

-

-

-

-

-

433

408

416

421

397

393

405

414

414

422

413

402

365

353

332

297

285

272

271

276

277

269

267

290

297

304

302

321

313

312

303

322

282

General and administrative expenses

-

-

-

-

-

-

-

3,175

2,422

2,368

2,442

2,801

2,436

2,394

2,400

2,651

2,292

2,188

2,047

2,142

1,950

1,762

1,442

1,639

1,366

1,375

1,389

1,555

1,547

1,324

1,272

1,591

1,249

1,255

1,195

1,477

1,263

1,160

1,229

1,152

Operating Expenses

2,742

2,769

2,787

3,047

2,612

2,552

3,853

3,608

2,830

2,784

2,863

3,198

2,829

2,800

2,815

3,066

2,714

2,601

2,450

2,507

2,304

2,094

1,739

1,924

1,639

1,646

1,666

1,832

1,816

1,591

1,563

1,889

1,554

1,558

1,517

1,791

1,575

1,464

1,552

1,434

Interest expense

85

88

89

93

90

86

173

190

189

123

102

111

97

79

80

86

80

81

85

86

86

83

77

76

68

64

59

59

59

61

66

69

63

60

60

60

60

60

61

60

Amortization of other acquired intangible assets

48

47

47

96

58

58

60

60

61

64

62

63

65

63

63

59

59

61

62

65

65

51

32

33

34

37

37

37

31

25

26

23

23

24

24

24

23

24

24

25

Loss on early extinguishment of long-term debt

0

0

0

0

0

0

-246

0

0

0

0

-

-

-

-

-89

0

0

-91

0

0

0

0

-

-35

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Reduction of reserve for anticipated future losses on discontinued products

0

-70

-

-

0

-109

-

-

0

-128

-

-

0

0

-

-

-

-

-

-

0

-86

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total benefits and expenses

14,117

13,895

13,870

14,327

13,720

13,703

15,793

15,453

14,707

14,600

14,404

14,464

13,930

13,979

13,727

14,342

13,730

13,584

12,845

12,647

12,228

10,689

8,788

9,638

8,142

8,139

8,132

7,966

7,723

7,523

7,489

8,227

7,771

7,782

7,820

8,517

8,244

8,155

7,945

7,201

Income before income taxes

1,367

1,666

1,465

526

1,274

1,820

-628

275

1,074

1,353

1,289

584

1,022

1,261

1,366

428

996

924

1,149

535

806

847

750

291

774

696

784

608

751

821

898

312

767

763

801

-

478

-

-

-

Income taxes:
Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

515

668

422

Current

248

318

335

-

470

492

-7

-

580

554

560

-

535

515

647

-

430

350

418

-

283

275

266

-

239

182

274

-

324

226

337

-

103

238

216

-

203

167

208

197

Deferred

127

131

-89

-

-44

145

-242

-

-103

6

-9

-

-74

11

-56

-

-32

26

61

-

4

38

-7

-

35

56

-1

-

-63

57

-24

-

166

33

22

-

-50

1

22

-52

Total income taxes

375

449

246

273

426

637

-249

147

477

560

551

263

460

527

590

199

398

377

480

166

287

314

259

101

275

238

273

234

261

284

312

96

269

272

238

72

152

168

231

145

Net Income including non-controlling interests

992

1,217

1,219

253

848

1,183

-379

128

597

793

738

321

562

734

776

229

598

547

669

368

519

533

490

190

499

458

511

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net income (loss) attributable to non-controlling interests

-8

5

10

9

10

-20

2

-11

-7

2

1

1

2

2

-1

-2

4

-1

3

-0

0

-2

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to Aetna

1,000

1,212

1,209

244

838

1,203

-381

139

604

791

737

320

560

731

777

232

594

548

665

368

518

536

490

190

499

457

511

372

490

536

586

215

497

491

562

165

326

346

437

277

Earnings per common share:
Basic

3.05

3.70

3.69

0.66

2.54

3.62

-1.11

0.39

1.72

2.25

2.10

0.92

1.60

2.10

2.22

0.68

1.68

1.54

1.84

0.98

1.40

1.50

1.50

0.58

1.49

1.34

1.46

1.05

1.33

1.42

1.53

0.58

1.21

1.16

1.30

0.39

0.75

0.78

0.97

0.59

Diluted

3.03

3.67

3.67

0.67

2.52

3.60

-1.11

0.40

1.70

2.23

2.08

0.91

1.59

2.08

2.20

0.67

1.67

1.52

1.82

0.98

1.38

1.49

1.48

0.59

1.47

1.32

1.43

1.03

1.30

1.39

1.50

0.57

1.19

1.14

1.28

0.39

0.73

0.77

0.95

0.58

Administrative Services Contract Member Co Payments And Plan Sponsor Reimbursements

-

-

-

31

31

37

31

35

34

35

24

28

31

28

24

27

26

26

21

23

21

18

22

20

18

20

18

-

-

-

-

-

-

-

-

-

-

-

-

-

Pharmaceutical And Processing Costs

-

-

-

361

350

349

340

317

342

333

308

335

337

327

299

385

323

315

275

266

286

278

268

324

295

294

285

-

-

-

-

-

-

-

-

-

-

-

-

-

Insured Member Co Payments

26

31

32

19

30

32

34

26

27

28

34

25

28

30

33

23

25

27

30

25

25

28

31

29

29

31

36

-

-

-

-

-

-

-

-

-

-

-

-

-