Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.8.0.1
Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Premium $ 11,903 $ 10,638
Service 653 527
Premium and service revenues 12,556 11,165
Premium tax and health insurer fee 638 559
Total revenues 13,194 11,724
Expenses:    
Medical costs 10,039 9,322
Cost of services 543 441
Selling, general and administrative expenses 1,316 1,091
Amortization of acquired intangible assets 39 40
Premium tax expense 546 590
Health insurer fee expense 171 0
Total operating expenses 12,654 11,484
Earnings from operations 540 240
Other income (expense):    
Investment and other income 41 41
Interest expense (68) (62)
Earnings from operations, before income tax expense 513 219
Income tax expense 175 87
Net earnings 338 132
Loss attributable to noncontrolling interests 2 7
Net earnings attributable to Centene Corporation $ 340 $ 139
Net earnings per common share attributable to Centene Corporation:    
Basic earnings per common share (in dollars per share) $ 1.95 $ 0.81
Diluted earnings per common share (in dollars per share) $ 1.91 $ 0.79