Annual report pursuant to Section 13 and 15(d)

Segment Information

v3.19.3.a.u2
Segment Information
12 Months Ended
Dec. 31, 2019
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 as of and for the year ended December 31, 2019, follows ($ in millions):
 

Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Total revenues from external customers
$
71,209

 
$
3,430

 
$

 
$
74,639

Total revenues internal customers
170

 
10,351

 
(10,521
)
 

Total revenues
$
71,379

 
$
13,781

 
(10,521
)
 
$
74,639

Earnings from operations
$
1,806

 
$
(25
)
 

 
$
1,781

Total assets
$
37,689

 
$
3,305

 

 
$
40,994


Segment information as of and for the year ended December 31, 2018, follows ($ in millions):
 

Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Total revenues from external customers
$
56,999

 
$
3,117

 
$

 
$
60,116

Total revenues internal customers
100

 
9,389

 
(9,489
)
 

Total revenues
$
57,099

 
$
12,506

 
$
(9,489
)
 
$
60,116

Earnings from operations
$
1,310

 
$
148

 
$

 
$
1,458

Total assets
$
27,627

 
$
3,274

 
$

 
$
30,901


Segment information as of and for the year ended December 31, 2017, follows ($ in millions):
 

Managed Care
 
Specialty
Services
 
Eliminations
 
Consolidated
Total
Total revenues from external customers
$
45,798

 
$
2,584

 
$

 
$
48,382

Total revenues internal customers
44

 
9,471

 
(9,515
)
 

Total revenues
$
45,842

 
$
12,055

 
$
(9,515
)
 
$
48,382

Earnings from operations
$
917

 
$
282

 
$

 
$
1,199

Total assets
$
19,959

 
$
1,896

 
$

 
$
21,855