| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenues: | ||||||||||||
Revenues | ||||||||||||
- | - | 184,765 | 177,526 | - | - | - | - | - | - | - | - | - |
Premiums | ||||||||||||
63,122 | 8,184 | 3,558 | 3,069 | - | - | - | - | - | - | - | - | - |
Net investment income | ||||||||||||
1,011 | 660 | 21 | 20 | - | - | - | - | - | - | - | - | - |
Total revenues | ||||||||||||
256,776 | 194,579 | 184,786 | 177,546 | 153,290 | 139,367 | 126,761 | 123,120 | 107,080 | 95,778 | 98,215 | 87,472 | 76,330 |
Operating costs: | ||||||||||||
Operating costs: | ||||||||||||
Cost of products sold | ||||||||||||
158,719 | 156,447 | 153,448 | 146,533 | 126,762 | 114,000 | 102,978 | 100,632 | 86,518 | 75,559 | 77,857 | 69,182 | 60,222 |
Benefit costs | ||||||||||||
52,529 | 6,594 | 2,810 | 2,179 | - | - | - | - | - | - | - | - | - |
Gross profit | ||||||||||||
- | - | - | - | 26,528 | 25,367 | 23,783 | 22,488 | 20,562 | 20,219 | 20,358 | 18,290 | 16,108 |
Operating expenses | ||||||||||||
Goodwill impairments | ||||||||||||
0 | 6,149 | 181 | 0 | - | - | - | - | - | - | - | - | - |
Operating expenses | ||||||||||||
33,541 | 21,368 | - | - | 17,053 | 16,568 | 15,746 | 15,278 | 14,231 | 14,082 | 13,933 | 12,244 | 11,314 |
Operating expenses | ||||||||||||
- | - | 18,809 | 18,448 | - | - | - | - | - | - | - | - | - |
Total operating costs | ||||||||||||
244,789 | 190,558 | 175,248 | 167,160 | - | - | - | - | - | - | - | - | - |
Operating income | ||||||||||||
11,987 | 4,021 | 9,538 | 10,386 | 9,475 | 8,799 | 8,037 | 7,210 | 6,331 | 6,137 | 6,425 | 6,046 | 4,794 |
Interest expense | ||||||||||||
3,035 | 2,619 | 1,062 | 1,078 | -838 | -600 | -509 | -557 | -584 | -536 | -525 | -509 | -435 |
Loss on early extinguishment of debt | ||||||||||||
-79 | 0 | 0 | -643 | 0 | -521 | 0 | -348 | 0 | - | - | - | - |
Other income | ||||||||||||
124 | 4 | -208 | -28 | 21 | - | - | - | - | - | - | - | - |
Income before income tax provision | ||||||||||||
8,997 | 1,406 | 8,268 | 8,637 | 8,616 | 7,678 | 7,528 | 6,305 | 5,747 | 5,601 | 5,900 | 5,537 | 4,359 |
Income tax provision | ||||||||||||
2,366 | 2,002 | 1,637 | 3,317 | 3,386 | 3,033 | 2,928 | 2,436 | 2,258 | 2,179 | 2,200 | 2,193 | 1,722 |
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ||||||||||||
6,631 | -596 | 6,631 | 5,320 | 5,230 | 4,645 | 4,600 | 3,869 | 3,489 | 3,422 | 3,700 | 3,344 | 2,637 |
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ||||||||||||
0 | 0 | -8 | -1 | 9 | -1 | -8 | -7 | -31 | 2 | -4 | -132 | 0 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||||||||
6,631 | -596 | 6,623 | 5,319 | 5,239 | 4,644 | 4,592 | 3,862 | 3,458 | 3,424 | 3,696 | 3,212 | - |
Net income attributable to noncontrolling interests | ||||||||||||
-3 | -2 | 1 | 2 | 2 | 0 | 0 | -2 | -4 | -3 | - | - | - |
Preference dividends, net of income tax benefit | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 14 | 14 |
Net income attributable to CVS Health | ||||||||||||
6,634 | -594 | 6,622 | 5,317 | 5,237 | 4,644 | - | - | - | - | - | 3,198 | 2,637 |
Net income per share attributable to CVS Health: | ||||||||||||
Earnings Per Share, Basic [Abstract] | ||||||||||||
Net income attributable to CVS Health | ||||||||||||
- | - | - | - | - | - | 4,592 | 3,864 | 3,462 | 3,427 | 3,696 | - | 2,623 |
Income (Loss) from Continuing Operations, Per Basic Share | ||||||||||||
5.10 | -0.57 | 6.48 | 4.93 | 4.65 | 3.98 | 3.78 | 3.05 | 2.61 | 2.51 | 2.58 | 2.32 | 1.97 |
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share | ||||||||||||
0.00 | 0.00 | -0.01 | 0.00 | 0.01 | 0.00 | -0.01 | -0.01 | -0.02 | - | - | -0.09 | 0.00 |
Net income per share attributable to CVS Health, basic (in dollars per share) | ||||||||||||
5.10 | -0.57 | 6.47 | 4.93 | 4.66 | 3.98 | 3.77 | 3.04 | 2.59 | 2.51 | 2.58 | 2.23 | 1.97 |
Earnings Per Share, Diluted [Abstract] | ||||||||||||
Income (Loss) from Continuing Operations, Per Diluted Share | ||||||||||||
5.08 | -0.57 | 6.45 | 4.91 | 4.62 | 3.96 | 3.75 | 3.02 | 2.59 | 2.49 | 2.55 | 2.27 | 1.92 |
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share | ||||||||||||
0.00 | 0.00 | -0.01 | 0.00 | 0.01 | 0.00 | -0.01 | -0.01 | -0.02 | - | - | -0.09 | 0.00 |
Net income per share attributable to CVS Health, diluted (in dollars per share) | ||||||||||||
5.08 | -0.57 | 6.44 | 4.90 | 4.63 | 3.96 | 3.74 | 3.02 | 2.57 | 2.49 | 2.55 | 2.18 | 1.92 |
Weighted average shares outstanding: | ||||||||||||
Weighted average basic shares outstanding (in shares) | ||||||||||||
1,301 | 1,044 | 1,020 | 1,073 | 1,118 | 1,161 | 1,217 | 1,271 | 1,338 | 1,367 | 1,434 | 1,434 | 1,328 |
Weighted average diluted shares outstanding (in shares) | ||||||||||||
1,305 | 1,044 | 1,024 | 1,079 | 1,126 | 1,169 | 1,226 | 1,280 | 1,347 | 1,377 | 1,450 | 1,469 | 1,372 |
Dividends declared per share (in dollars per share) | ||||||||||||
2.00 | 2.00 | 2.00 | 1.70 | 1.40 | 1.10 | 0.90 | 0.65 | 0.50 | 0.35 | 0.30 | 0.25 | 0.22 |
Products | ||||||||||||
Revenues | ||||||||||||
185,236 | 183,910 | 180,063 | 173,377 | - | - | - | - | - | - | - | - | - |
Services | ||||||||||||
Revenues | ||||||||||||
7,407 | 1,825 | 1,144 | 1,080 | - | - | - | - | - | - | - | - | - |