Annual report pursuant to Section 13 and 15(d)

Condensed Financial Information of Registrant - Condensed Statements Of Operations (Details)

v3.19.3.a.u2
Condensed Financial Information of Registrant - Condensed Statements Of Operations (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Expenses:                      
Selling, general and administrative expenses                 $ 6,533 $ 6,043 $ 4,446
Other income (expense):                      
Investment and other income                 443 253 190
Debt extinguishment costs                 (30) 0 0
Interest expense                 (412) (343) (255)
Earnings from operations, before income tax expense                 1,782 1,368 1,134
Income tax expense                 473 474 326
Net earnings                 1,309 894 808
Loss attributable to noncontrolling interests                 12 6 20
Net earnings attributable to Centene Corporation $ 209 $ 95 $ 495 $ 522 $ 241 $ 19 $ 300 $ 340 $ 1,321 $ 900 $ 828
Net earnings per share:                      
Basic earnings per common share (in usd per share) $ 0.50 $ 0.23 $ 1.20 $ 1.26 $ 0.59 $ 0.05 $ 0.77 $ 0.98 $ 3.19 $ 2.31 $ 2.40
Diluted earnings per common share (in usd per share) $ 0.49 $ 0.23 $ 1.18 $ 1.24 $ 0.57 $ 0.05 $ 0.75 $ 0.96 $ 3.14 $ 2.26 $ 2.34
Parent Company                      
Expenses:                      
Selling, general and administrative expenses                 $ 11 $ 28 $ 7
Contingent consideration                 (24) (4) (1)
Other income (expense):                      
Investment and other income                 11 3 2
Interest expense                 (394) (334) (247)
Earnings from operations, before income tax expense                 (400) (355) (251)
Income tax expense                 (172) (64) (114)
Net (loss) before equity in subsidiaries                 (228) (291) (137)
Equity in earnings from subsidiaries                 1,537 1,185 945
Net earnings                 1,309 894 808
Loss attributable to noncontrolling interests                 12 6 20
Net earnings attributable to Centene Corporation                 $ 1,321 $ 900 $ 828
Net earnings per share:                      
Basic earnings per common share (in usd per share)                 $ 3.19 $ 2.31 $ 2.40
Diluted earnings per common share (in usd per share)                 $ 3.14 $ 2.26 $ 2.34