Centene Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Organization and Operations (Policies)
Notes Tables
Notes Details

Short-term and Long-term Investments, Restricted Deposits - By Investment Type (Details)

v3.22.1

Short-term and Long-term Investments, Restricted Deposits - By Investment Type (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Debt Securities
Gross Unrealized Gains	$ 41	$ 243
Gross Unrealized Losses	(630)	(114)
Equity securities	301	326
Private equity investments	626	587
Life insurance contracts	196	186
Total, Amortized Cost	17,596	16,521
Total, Fair Value	17,007	16,650
U.S. Treasury securities and obligations of U.S. government corporations and agencies
Debt Securities
Amortized Cost	552	642
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(9)	(2)
Fair Value	543	640
Corporate securities
Debt Securities
Amortized Cost	8,752	8,145
Gross Unrealized Gains	26	130
Gross Unrealized Losses	(368)	(75)
Fair Value	8,410	8,200
Restricted certificates of deposit
Debt Securities
Amortized Cost	4	4
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Fair Value	4	4
Restricted cash equivalents
Debt Securities
Amortized Cost	262	96
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Fair Value	262	96
Short-term time deposits
Debt Securities
Amortized Cost	130	109
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Fair Value	130	109
Municipal securities
Debt Securities
Amortized Cost	3,607	3,398
Gross Unrealized Gains	13	85
Gross Unrealized Losses	(136)	(15)
Fair Value	3,484	3,468
Asset-backed securities
Debt Securities
Amortized Cost	1,308	1,308
Gross Unrealized Gains	0	5
Gross Unrealized Losses	(29)	(5)
Fair Value	1,279	1,308
Residential mortgage-backed securities
Debt Securities
Amortized Cost	919	850
Gross Unrealized Gains	1	10
Gross Unrealized Losses	(45)	(7)
Fair Value	875	853
Commercial mortgage-backed securities
Debt Securities
Amortized Cost	939	870
Gross Unrealized Gains	1	13
Gross Unrealized Losses	(43)	(10)
Fair Value	$ 897	$ 873

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