Balance Sheet
CENTENE CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions, except shares in thousands and per share data in dollars) |
|||
September 30, |
December 31, |
||
(Unaudited) |
|||
ASSETS |
|||
Current assets: |
|||
Cash and cash equivalents |
$ 14,987 |
$ 13,118 |
|
Premium and trade receivables |
13,770 |
12,238 |
|
Short-term investments |
2,191 |
1,539 |
|
Other current assets |
2,327 |
1,602 |
|
Total current assets |
33,275 |
28,497 |
|
Long-term investments |
14,053 |
14,043 |
|
Restricted deposits |
1,205 |
1,068 |
|
Property, software and equipment, net |
2,479 |
3,391 |
|
Goodwill |
20,040 |
19,771 |
|
Intangible assets, net |
7,523 |
7,824 |
|
Other long-term assets |
2,597 |
3,781 |
|
Total assets |
$ 81,172 |
$ 78,375 |
|
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND |
|||
Current liabilities: |
|||
Medical claims liability |
$ 16,465 |
$ 14,243 |
|
Accounts payable and accrued expenses |
9,995 |
8,493 |
|
Return of premium payable |
2,205 |
2,328 |
|
Unearned revenue |
2,416 |
434 |
|
Current portion of long-term debt |
249 |
267 |
|
Total current liabilities |
31,330 |
25,765 |
|
Long-term debt |
18,084 |
18,571 |
|
Deferred tax liability |
480 |
1,407 |
|
Other long-term liabilities |
5,678 |
5,610 |
|
Total liabilities |
55,572 |
51,353 |
|
Commitments and contingencies |
|||
Redeemable noncontrolling interests |
66 |
82 |
|
Stockholders' equity: |
|||
Preferred stock, $0.001 par value; authorized 10,000 shares; no shares issued or |
— |
— |
|
Common stock, $0.001 par value; authorized 800,000 shares; 606,931 issued and |
1 |
1 |
|
Additional paid-in capital |
19,774 |
19,672 |
|
Accumulated other comprehensive earnings |
(1,394) |
77 |
|
Retained earnings |
9,554 |
8,139 |
|
Treasury stock, at cost (36,840 and 20,225 shares, respectively) |
(2,557) |
(1,094) |
|
Total Centene stockholders' equity |
25,378 |
26,795 |
|
Nonredeemable noncontrolling interest |
156 |
145 |
|
Total stockholders' equity |
25,534 |
26,940 |
|
Total liabilities, redeemable noncontrolling interests and stockholders' equity |
$ 81,172 |
$ 78,375 |