Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.21.2
Segment Information
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
Centene operates in two segments: Managed Care and Specialty Services. The Managed Care segment consists of Centene’s health plans, including all of the functions needed to operate them. The Specialty Services segment consists of Centene’s specialty companies offering auxiliary healthcare services and products. Factors used in determining the reportable business segments include the nature of operating activities, the existence of separate senior management teams, and the type of information presented to the Company’s chief operating decision-maker to evaluate all results of operations. Segment information for the three and six months ended June 30, 2020 has been conformed to the 2021 presentation of segment eliminations.

Segment information for the three months ended June 30, 2021, is as follows ($ in millions):
  Managed Care Specialty
Services
Eliminations Consolidated
Total
Total revenues from external customers $ 29,588  $ 1,437  $ —  $ 31,025 
Total revenues from internal customers 3,122  (3,124) — 
Total revenues $ 29,590  $ 4,559  $ (3,124) $ 31,025 
Earnings from operations $ (415) $ (3) $ —  $ (418)
Segment information for the three months ended June 30, 2020, is as follows ($ in millions):
  Managed Care Specialty
Services
Eliminations Consolidated
Total
Total revenues from external customers $ 26,623  $ 1,089  $ —  $ 27,712 
Total revenues from internal customers 2,714  (2,715) — 
Total revenues $ 26,624  $ 3,803  $ (2,715) $ 27,712 
Earnings from operations $ 1,909  $ 109  $ —  $ 2,018 

Segment information for the six months ended June 30, 2021, is as follows ($ in millions):
  Managed Care Specialty
Services
Eliminations Consolidated
Total
Total revenues from external customers $ 58,190  $ 2,818  $ —  $ 61,008 
Total revenues from internal customers 6,008  (6,011) — 
Total revenues $ 58,193  $ 8,826  $ (6,011) $ 61,008 
Earnings from operations $ 541  $ 95  $ —  $ 636 

Segment information for the six months ended June 30, 2020, is as follows ($ in millions):
  Managed Care Specialty
Services
Eliminations Consolidated
Total
Total revenues from external customers $ 51,559  $ 2,178  $ —  $ 53,737 
Total revenues from internal customers 5,251  (5,253) — 
Total revenues $ 51,561  $ 7,429  $ (5,253) $ 53,737 
Earnings from operations $ 2,126  $ 80  $ —  $ 2,206