Humana inc (HUM)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'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'08Jun'08
Revenues:
Premiums

18,362

15,809

15,712

15,776

15,651

13,705

13,712

13,713

13,811

12,824

12,955

13,203

13,398

12,560

13,371

13,650

13,440

12,962

12,987

13,212

13,248

11,685

11,607

11,584

11,083

9,562

9,698

9,701

9,868

8,980

9,088

9,166

9,775

8,638

8,852

8,849

8,767

8,038

8,134

8,376

8,161

7,369

7,444

7,642

7,471

6,991

7,106

Revenue from Contract with Customer, Including Assessed Tax

424

336

393

355

355

367

381

382

327

276

223

230

253

220

227

262

260

263

246

407

490

544

536

546

538

528

528

528

525

475

467

434

350

325

356

344

335

160

128

132

133

-

-

-

-

-

-

Administrative services fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

133

118

115

114

112

Investment income

149

150

136

114

101

96

113

164

141

89

104

101

111

98

96

95

100

136

130

113

95

99

95

92

91

97

93

92

93

102

96

99

94

93

93

91

89

76

87

79

85

76

74

75

69

-16

80

Other revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

62

54

58

50

Total revenues

18,935

16,295

16,241

16,245

16,107

14,168

14,206

14,259

14,279

13,189

13,282

13,534

13,762

12,878

13,694

14,007

13,800

13,361

13,363

13,732

13,833

12,328

12,238

12,222

11,712

10,187

10,319

10,321

10,486

9,557

9,651

9,699

10,219

9,056

9,301

9,284

9,191

8,275

8,350

8,589

8,380

7,415

7,716

7,898

7,711

7,148

7,350

Operating expenses:
Benefits

15,629

13,689

13,357

13,318

13,493

11,433

11,243

11,536

11,670

10,639

10,642

10,889

11,326

11,201

10,900

11,509

11,397

11,116

10,896

11,252

11,005

9,749

9,666

9,627

9,124

8,203

8,075

8,091

8,195

7,516

7,467

7,652

8,350

7,062

7,147

7,269

7,345

6,789

6,641

6,869

6,817

6,035

6,111

6,367

6,269

5,810

6,038

Operating costs

2,117

2,129

1,889

1,703

1,660

2,115

1,900

1,761

1,749

1,873

1,688

1,453

1,553

2,001

1,739

1,699

1,734

1,845

1,688

1,817

1,945

2,121

1,898

1,835

1,785

1,908

1,540

1,461

1,446

1,655

1,408

1,384

1,383

1,585

1,361

1,193

1,256

1,223

1,002

1,093

1,060

898

1,047

1,004

1,063

979

916

Merger termination fee and related costs, net

-

-

-

-

-

-

-

-

-

11

0

0

-947

23

20

27

34

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

115

115

127

109

107

103

102

100

100

100

94

92

92

91

86

89

88

88

84

90

93

87

85

79

82

90

83

80

80

77

75

73

70

69

67

68

66

63

58

64

58

56

62

60

58

56

53

Total operating expenses

17,861

15,933

15,373

15,130

15,260

13,651

13,245

13,397

13,519

12,623

12,424

12,434

12,024

13,316

12,745

13,324

13,253

13,072

12,668

13,159

13,043

11,957

11,649

11,541

10,991

10,201

9,698

9,632

9,721

9,248

8,950

9,109

9,803

8,716

8,575

8,530

8,667

8,075

7,702

8,027

7,937

6,990

7,221

7,432

7,391

6,845

7,007

Income from operations

1,074

362

868

1,115

847

517

961

862

760

566

858

1,100

1,738

-438

949

683

547

289

695

573

790

371

589

681

721

-14

621

689

765

309

701

590

416

340

726

754

524

200

648

562

443

425

495

466

320

302

342

Loss on sale of business

-

-

0

0

-

-

4

-790

-

-

0

-

-

-

-

-

-

-

0

267

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

60

58

62

60

62

59

53

53

53

76

59

58

49

48

47

47

47

46

47

47

46

84

38

35

35

35

35

35

35

27

26

26

26

27

27

28

27

26

26

26

26

26

26

26

26

19

17

Other expense, net

-297

289

82

174

-39

-22

-11

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes and equity in net earnings

717

593

888

1,229

746

436

901

19

707

490

799

1,042

1,689

-486

902

636

500

246

648

793

744

287

551

646

686

-49

586

654

730

282

675

564

390

313

699

726

497

173

622

535

416

398

469

439

293

282

325

Provision for income taxes

252

79

200

301

183

83

266

-174

216

306

300

392

574

-85

452

325

246

145

334

362

314

142

261

302

318

-19

218

234

257

90

249

208

142

114

254

266

182

66

229

195

158

147

167

158

88

99

115

Income (Loss) from Equity Method Investments

8

-2

1

12

3

2

9

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

473

512

689

940

566

355

644

193

491

184

499

650

1,115

-401

450

311

254

101

314

431

430

145

290

344

368

-30

368

420

473

192

426

356

248

199

445

460

315

106

393

340

258

250

301

281

205

183

209

Basic earnings per common share (in dollars per share)

3.58

3.90

5.16

6.96

4.18

2.60

4.68

1.40

3.56

1.45

3.46

4.49

7.54

-2.68

3.01

2.08

1.70

0.69

2.11

2.88

2.86

0.98

1.87

2.22

2.37

-0.16

2.34

2.66

2.97

1.21

2.65

2.19

1.51

1.23

2.71

2.76

1.88

0.64

2.35

2.02

1.54

1.50

1.80

1.68

1.23

1.10

1.26

Diluted earnings per common share (in dollars per share)

3.56

3.86

5.14

6.94

4.16

2.59

4.65

1.39

3.53

1.42

3.44

4.46

7.49

-2.65

2.98

2.06

1.68

0.68

2.09

2.85

2.82

0.97

1.85

2.19

2.35

-0.16

2.31

2.63

2.95

1.20

2.62

2.16

1.49

1.22

2.67

2.71

1.86

0.63

2.32

2.00

1.52

1.48

1.78

1.67

1.22

1.09

1.24

Dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

-

0.50

-

0.40

0.40

0.40

-

0.29

0.29

0.29

-

0.29

0.29

0.28

0.28

0.28

0.28

0.27

0.27

0.27

0.27

0.26

0.26

0.26

0.26

0.25

0.25

0.25

0.25

0.00

-

0.00

0.00

-

-

-

-

-

-

-

Net unrealized investment gain (loss), net of tax expense (benefit) of $8 million and ($5) million for the three months ended March 31, 2012 and 2011, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9

-

-

-

-

-

-

-

-

-

-

Less: Reclassification adjustment for net realized gains included in net income, net of tax expense of $1 million for each of the three months ended March 31, 2012 and 2011, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

-

-

-

-

-

-

-

-

-

Other comprehensive income (loss), net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12

-

-

-

-

-

-

-

-

-

-

Comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

303

-

-

-

-

-

-

-

-

-

-