Aetna 2001 Annual Report Download - page 34

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
  
As of December 31,
(Millions, except share data) 2001 2000
Assets
Current assets:
Cash and cash equivalents $««1,398.2 $««1,652.5
Investment securities 14,260.1 14,308.8
Other investments 167.7 374.6
Premiums receivable, net 604.9 838.6
Other receivables, net 528.0 735.8
Accrued investment income 232.3 260.3
Collateral received under securities loan agreements 621.7 596.8
Loaned securities 608.1 584.1
Deferred income taxes 114.1 112.3
Other current assets 216.1 303.7
Total current assets 18,751.2 19,767.5
Long-term investments 1,575.6 1,571.6
Mortgage loans 1,887.8 1,826.6
Investment real estate 359.7 319.2
Reinsurance recoverables 1,269.7 1,318.5
Goodwill, net 6,583.8 6,781.9
Other acquired intangible assets, net 703.0 921.5
Property and equipment, net 327.0 390.0
Deferred income taxes 360.5 295.0
Other long-term assets 146.8 128.7
Separate Accounts assets 11,290.0 14,352.5
Total assets $««43,255.1 $47,673.0
Liabilities and shareholders’ equity
Current liabilities:
Health care costs payable $««2,986.7 $«««3,171.1
Future policy benefits 800.5 832.0
Unpaid claims 574.6 528.2
Unearned premiums 208.0 274.7
Policyholders’ funds 1,052.8 1,089.0
Collateral payable under securities loan agreements 621.7 596.8
Short-term debt 109.7 1,592.2
Income taxes payable 147.4 297.8
Accrued expenses and other current liabilities 1,637.2 1,621.6
Total current liabilities 8,138.6 10,003.4
Future policy benefits 8,621.5 8,912.1
Unpaid claims 1,203.6 1,211.6
Policyholders’ funds 2,245.1 2,649.6
Long-term debt 1,591.3 -
Other long-term liabilities 274.7 416.7
Separate Accounts liabilities 11,290.0 14,352.5
Total liabilities 33,364.8 37,545.9
Commitments and contingent liabilities
Shareholders’ equity:
Common stock and additional paid-in capital ($.01 par value,
759,900,000 shares authorized, 144,265,912 issued and outstanding
in 2001 and $.01 par value, 762,500,000 shares authorized,
142,618,551 issued and outstanding in 2000) 3,913.8 3,898.7
Accumulated other comprehensive income 68.5 35.1
Retained earnings 5,908.0 6,193.3
Total shareholders’ equity 9,890.3 10,127.1
Total liabilities and shareholders’ equity $43,255.1 $ 47,673.0
The foregoing financial information should be read in conjunction with the financial statements and related notes as
presented in Aetna Inc.’s 2001 Annual Report on Form 10-K.