Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.21.2
Segment Information
9 Months Ended
Sep. 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 nine months ended September 30, 2020 has been conformed to the 2021 presentation of segment eliminations.

Segment information for the three months ended September 30, 2021, is as follows ($ in millions):
  Managed Care Specialty
Services
Eliminations Consolidated
Total
Total revenues from external customers $ 30,888  $ 1,518  $ —  $ 32,406 
Total revenues from internal customers 3,209  (3,210) — 
Total revenues $ 30,889  $ 4,727  $ (3,210) $ 32,406 
Earnings from operations $ 699  $ (154) $ —  $ 545 
Segment information for the three months ended September 30, 2020, is as follows ($ in millions):
  Managed Care Specialty
Services
Eliminations Consolidated
Total
Total revenues from external customers $ 28,014  $ 1,076  $ —  $ 29,090 
Total revenues from internal customers 2,698  (2,700) — 
Total revenues $ 28,016  $ 3,774  $ (2,700) $ 29,090 
Earnings from operations $ 888  $ (27) $ —  $ 861 

Segment information for the nine months ended September 30, 2021, is as follows ($ in millions):
  Managed Care Specialty
Services
Eliminations Consolidated
Total
Total revenues from external customers $ 89,078  $ 4,336  $ —  $ 93,414 
Total revenues from internal customers 9,217  (9,221) — 
Total revenues $ 89,082  $ 13,553  $ (9,221) $ 93,414 
Earnings from operations $ 1,240  $ (59) $ —  $ 1,181 

Segment information for the nine months ended September 30, 2020, is as follows ($ in millions):
  Managed Care Specialty
Services
Eliminations Consolidated
Total
Total revenues from external customers $ 79,573  $ 3,254  $ —  $ 82,827 
Total revenues from internal customers 7,949  (7,953) — 
Total revenues $ 79,577  $ 11,203  $ (7,953) $ 82,827 
Earnings from operations $ 3,014  $ 53  $ —  $ 3,067