Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Operations

v3.4.0.3
Consolidated Statements Of Operations - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Premium $ 5,986 $ 4,299
Service 425 462
Premium and service revenues 6,411 4,761
Premium tax and health insurer fee 542 370
Total revenues 6,953 5,131
Expenses:    
Medical costs 5,311 3,861
Cost of services 367 402
General and administrative expenses 722 396
Amortization of acquired intangible assets 9 7
Premium tax expense 450 281
Health insurer fee expense 74 55
Total operating expenses 6,933 5,002
Earnings from operations 20 129
Other income (expense):    
Investment and other income 15 9
Interest expense (33) (10)
Earnings from continuing operations, before income tax expense 2 128
Income tax expense 17 63
Earnings (loss) from continuing operations, net of income tax expense (15) 65
Discontinued operations, net of income tax (1) (1)
Net earnings (loss) (16) 64
(Earnings) loss attributable to noncontrolling interests (1) (1)
Net earnings (loss) attributable to Centene Corporation (17) 63
Earnings (loss) from continuing operations, net of income tax expense (16) 64
Discontinued operations, net of tax (1) (1)
Net earnings (loss) $ (17) $ 63
Basic:    
Continuing operations (in dollar per share) $ (0.13) $ 0.54
Discontinued operations (in dollar per share) (0.01) (0.01)
Basic earnings per common share (in dollar per share) (0.14) 0.53
Diluted:    
Continuing operations (in dollar per share) (0.13) 0.52
Discontinued operations (in dollar per share) (0.01) (0.01)
Diluted earnings per common share (in dollar per share) $ (0.14) $ 0.51
Weighted Average Number of Common Shares Outstanding (in shares)    
Basic (in shares) 125,543,076 118,783,755
Diluted (in shares) 125,543,076 122,572,366