UnitedHealth Group Incorporated UNH Income Statement

Unitedhealth group incorporated (UNH)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues:
Premiums
50,640	47,625	47,397	47,164	47,513	44,932	44,613	44,458	44,084	40,378	39,552	39,585	38,938	36,752	36,142	36,413	34,811	31,727	31,801	31,961	31,674	29,375	28,972	28,840	28,115	27,707	27,356	27,220	27,274	25,848	24,640	24,609	24,631	23,361	22,806	22,813	23,003	21,685	21,467	21,125	21,128	19,729	19,729	19,746	20,111	18,294	18,344
Products
8,431	7,626	7,546	8,353	8,072	8,551	7,344	7,004	6,702	7,157	6,665	6,415	6,129	6,959	6,696	6,610	6,393	8,377	6,482	1,223	1,230	1,127	1,080	1,037	998	865	825	749	751	714	693	678	688	691	667	605	649	621	596	577	528	547	490	449	439	432	391
Services
4,985	5,217	4,942	4,496	4,318	4,593	4,217	4,269	4,104	4,228	3,858	3,797	3,434	3,563	3,264	3,269	3,140	3,315	3,036	2,865	2,706	2,765	2,535	2,447	2,404	2,361	2,280	2,244	2,112	2,022	1,824	1,800	1,791	1,722	1,637	1,656	1,598	1,573	1,469	1,413	1,364	1,367	1,336	1,307	1,296	1,287	1,297
Investment and other income
365	433	466	582	405	341	382	355	298	298	247	256	222	261	191	193	183	180	170	214	146	166	172	250	191	184	163	195	203	185	145	178	172	142	170	160	182	151	136	149	173	141	140	153	158	143	240
Total revenues
64,421	60,901	60,351	60,595	60,308	58,417	56,556	56,086	55,188	52,061	50,322	50,053	48,723	47,535	46,293	46,485	44,527	43,599	41,489	36,263	35,756	33,433	32,759	32,574	31,708	31,117	30,624	30,408	30,340	28,769	27,302	27,265	27,282	25,916	25,280	25,234	25,432	24,030	23,668	23,264	23,193	21,784	21,695	21,655	22,004	20,156	20,272
Operating costs:
Medical costs
41,000	39,276	39,041	39,184	38,939	36,955	36,158	36,427	35,863	33,207	32,201	32,549	32,079	29,696	29,040	29,872	28,430	26,229	25,729	26,127	25,790	23,810	23,092	23,523	23,208	22,873	22,044	22,173	22,569	20,803	19,471	20,013	19,939	18,621	18,408	18,578	18,725	17,258	17,192	17,221	17,170	16,041	16,171	16,507	16,570	14,943	15,257
Operating costs
10,015	9,301	8,960	8,415	8,517	8,703	8,479	8,386	8,506	7,820	7,387	7,328	7,022	7,817	7,033	6,793	6,758	6,562	6,178	5,738	5,834	5,427	5,436	5,206	5,194	4,633	4,869	4,825	4,614	4,853	4,277	4,080	4,096	4,308	3,899	3,733	3,617	4,087	3,548	3,359	3,276	3,413	3,156	3,037	3,128	2,974	3,746
Cost of products sold
7,687	6,511	6,627	7,598	7,381	7,625	6,718	6,471	6,184	6,479	6,068	5,889	5,676	6,308	6,125	6,106	5,877	7,856	6,112	1,124	1,114	1,050	955	929	892	809	731	669	682	642	627	620	634	623	609	554	599	563	536	534	483	497	442	422	404	387	353
Depreciation and amortization
723	718	709	654	639	637	611	598	582	578	578	556	533	527	515	511	502	484	452	379	378	381	373	364	360	350	349	340	336	370	317	326	296	290	294	270	270	320	247	249	248	258	250	249	234	254	243
Total operating costs
59,425	55,806	55,337	55,851	55,476	53,920	51,966	51,882	51,135	48,084	46,234	46,322	45,310	44,348	42,713	43,282	41,567	41,131	38,471	33,368	33,116	30,668	29,856	30,022	29,654	28,665	27,993	28,007	28,201	26,668	24,692	25,039	24,965	23,842	23,210	23,135	23,211	22,228	21,523	21,363	21,177	20,209	20,019	20,215	20,336	18,558	19,599
Earnings from operations
4,996	5,095	5,014	4,744	4,832	4,497	4,590	4,204	4,053	3,977	4,088	3,731	3,413	3,187	3,580	3,203	2,960	2,468	3,018	2,895	2,640	2,765	2,903	2,552	2,054	2,452	2,631	2,401	2,139	2,101	2,610	2,226	2,317	2,074	2,070	2,099	2,221	1,802	2,145	1,901	2,016	1,575	1,676	1,440	1,668	1,598	673
Interest expense
437	437	449	418	400	374	353	344	329	308	294	301	283	268	269	271	259	260	229	151	150	151	152	155	160	176	178	176	178	173	158	153	148	139	129	119	118	118	119	119	125	144	137	139	131	166	164
Earnings before income taxes
4,559	4,658	4,565	4,326	4,432	4,123	4,237	3,860	3,724	3,669	3,794	3,430	3,130	2,919	3,311	2,932	2,701	2,208	2,789	2,744	2,490	2,614	2,751	2,397	1,894	2,276	2,453	2,225	1,961	1,928	2,452	2,073	2,169	1,935	1,941	1,980	2,103	1,684	2,026	1,782	1,891	1,431	1,539	1,301	1,537	1,432	509
Provision for income taxes
1,094	990	936	941	875	959	953	850	800	-52	1,233	1,080	939	1,211	1,333	1,172	1,074	956	1,171	1,159	1,077	1,104	1,149	989	795	849	883	789	721	684	895	736	781	677	670	713	757	641	749	659	700	487	504	442	553	512	172
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
3,465	3,668	3,629	3,385	3,557	3,164	3,284	3,010	2,924	3,721	2,561	2,350	2,191	1,708	1,978	1,760	1,627	1,252	1,618	1,585	1,413	-	1,602	1,408	-	1,427	1,570	1,436	1,240	1,244	1,557	1,337	1,388	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings attributable to noncontrolling interests
83	127	91	92	90	124	96	88	88	104	76	66	19	24	10	6	16	34	21	0	0	-	0	-	-	0	0	0	48	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
3,382	3,541	3,538	3,293	3,467	3,040	3,188	2,922	2,836	3,617	2,485	2,284	2,172	1,684	1,968	1,754	1,611	1,218	1,597	1,585	1,413	-	1,602	-	1,099	1,427	1,570	1,436	1,192	1,244	1,557	1,337	1,388	1,258	1,271	1,267	1,346	1,043	1,277	1,123	1,191	944	1,035	859	984	920	337
Earnings per share attributable to UnitedHealth Group common shareholders:
Basic
3.56	3.73	3.73	3.47	3.62	3.16	3.31	3.04	2.94	3.73	2.57	2.37	2.28	1.77	2.07	1.84	1.69	1.28	1.68	1.66	1.48	1.57	1.65	1.44	1.12	1.44	1.56	1.42	1.17	1.22	1.52	1.30	1.34	1.20	1.19	1.18	1.24	0.95	1.15	1.00	1.04	0.82	0.90	0.73	0.82	0.76	0.28
Diluted
3.52	3.68	3.67	3.42	3.56	3.10	3.24	2.98	2.87	3.66	2.51	2.32	2.23	1.74	2.03	1.81	1.67	1.26	1.65	1.64	1.46	1.55	1.63	1.42	1.10	1.41	1.53	1.40	1.16	1.20	1.50	1.27	1.31	1.18	1.17	1.16	1.22	0.94	1.14	0.99	1.03	0.81	0.89	0.73	0.81	0.75	0.27
Basic weighted-average number of common shares outstanding
949	947	949	950	958	963	962	961	966	970	968	964	954	952	952	951	953	953	953	952	954	957	969	979	983	995	1,004	1,009	1,016	1,019	1,022	1,028	1,039	1,054	1,065	1,075	1,086	1,093	1,115	1,127	1,145	1,151	1,153	1,170	1,198	1,204	1,216
Dilutive effect of common share equivalents
13	15	14	14	17	17	21	21	21	21	21	21	21	17	17	16	14	13	14	14	15	18	13	12	13	18	20	17	13	17	17	21	21	18	18	19	13	16	9	8	11	11	11	10	12	23	29
Diluted weighted-average number of common shares outstanding
962	962	963	964	975	980	983	982	987	991	989	985	975	969	969	967	967	966	967	966	969	975	982	991	996	1,013	1,024	1,026	1,029	1,036	1,039	1,049	1,060	1,072	1,083	1,094	1,099	1,109	1,124	1,135	1,156	1,162	1,164	1,180	1,210	1,227	1,245
Anti-dilutive shares excluded from the calculation of dilutive effect of common share equivalents
10	9	12	11	8	4	7	6	7	2	1	8	9	3	1	1	7	7	8	8	9	0	7	8	9	0	7	9	16	11	23	10	24	41	43	44	60	97	97	100	82	80	110	117	121	107	89
Cash dividends declared per common share
-	-	-	-	-	-	-	-	-	-	-	0.75	0.62	-	0.62	0.62	0.50	0.50	0.50	0.50	0.37	0.37	0.37	0.37	0.28	0.28	0.28	0.28	0.21	0.21	0.21	0.21	0.16	0.16	0.16	0.16	0.12	0.12	0.12	0.15	0.00	-	0.00	0.03	-	-	-