Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Operations

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Consolidated Statements Of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Premium $ 4,692 $ 3,331 $ 8,991 $ 6,402
Service 492 410 954 691
Premium and service revenues 5,184 3,741 9,945 7,093
Premium tax and health insurer fee 322 283 692 391
Total revenues 5,506 4,024 10,637 7,484
Expenses:        
Medical costs 4,181 2,960 8,042 5,703
Cost of services 419 366 821 608
General and administrative expenses 442 321 845 616
Premium tax expense 239 253 520 331
Health insurer fee expense 52 31 107 63
Total operating expenses 5,333 3,931 10,335 7,321
Earnings from operations 173 93 302 163
Other income (expense):        
Investment and other income 10 7 19 12
Interest expense (11) (9) (21) (16)
Earnings from continuing operations, before income tax expense 172 91 300 159
Income tax expense 84 45 147 79
Earnings from continuing operations, net of income tax expense 88 46 153 80
Discontinued operations, net of income tax expense (benefit) of $0, $1, $(1), and $1, respectively 0 2 (1) 1
Net earnings 88 48 152 81
(Earnings) loss attributable to noncontrolling interests 0 1 (1) 1
Net earnings attributable to Centene Corporation 88 49 151 82
Earnings from continuing operations, net of income tax expense $ 88 $ 47 $ 152 $ 81
Basic:        
Continuing operations $ 0.74 $ 0.41 $ 1.28 $ 0.70
Discontinued operations 0.00 0.01 (0.01) 0.01
Basic earnings per common share 0.74 0.42 1.27 0.71
Diluted:        
Continuing operations 0.72 0.39 1.24 0.68
Discontinued operations 0.00 0.02 (0.01) 0.01
Diluted earnings per common share $ 0.72 $ 0.41 $ 1.23 $ 0.69
Weighted Average Number of Common Shares Outstanding (in shares)        
Basic 119,003,569 115,517,366 118,894,269 115,244,078
Diluted 122,965,011 119,434,516 122,785,459 119,094,840