Aetna 2002 Annual Report Download - page 38

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CONSOLIDATED BALANCE SHEETS
As of December 31,
(Millions, except share data) 2002 2001
Assets
Current assets:
Cash and cash equivalents $ 1,802.9 $ 1,398.2
Investment securities 14,013.5 14,260.1
Other investments 358.0 171.7
Premiums receivable, net 392.0 572.7
Other receivables, net 286.2 528.0
Accrued investment income 214.3 232.3
Collateral received under securities loan agreements 969.0 621.7
Loaned securities 948.2 608.1
Deferred income taxes 201.3 114.1
Other current assets 163.9 185.9
To tal current assets 19,349.3 18,692.8
Long-term investments 1,754.9 1,575.6
Mortgage loans 1,514.9 1,887.8
Investment real estate 308.8 359.7
Reinsurance recoverables 1,251.8 1,269.7
Goodwill, net 3,618.4 6,583.8
Other acquired intangible assets, net 546.9 703.0
Property and equipment, net 244.8 327.0
Deferred income taxes 582.5 360.5
Other long-term assets 211.0 146.8
Separate Accounts assets 10,664.2 11,290.0
Total assets $40,047.5 $ 43,196.7
Liabilities and shareholders’ equity
Current liabilities:
Health care costs payable $ 2,194.1 $ 2,986.7
Future policy benefits 778.1 800.5
Unpaid claims 590.0 544.4
Unearned premiums 184.1 208.0
Policyholders’ funds 1,072.2 1,052.8
Collateral payable under securities loan agreements 969.0 621.7
Short-term debt — 109.7
Income taxes payable 322.5 147.4
Accrued expenses and other current liabilities 1,608.8 1,316.1
To tal current liabilities 7,718.8 7,787.3
Future policy benefits 8,333.3 8,621.5
Unpaid claims 1,177.8 1,203.6
Policyholders’ funds 1,867.3 2,245.1
Long-term debt 1,633.2 1,591.3
Other long-term liabilities 1,672.9 567.6
Separate Accounts liabilities 10,664.2 11,290.0
Total liabilities 33,067.5 33,306.4
Commitments and contingent liabilities
Shareholders’ equity:
Common stock and additional paid-in capital ($.01 par value, 756,277,772 shares authorized,
149,966,082 issued and outstanding in 2002 and $.01 par value, 759,900,000 shares authorized,
144,265,912 issued and outstanding in 2001) 4,070.9 3,913.8
Accumulated other comprehensive income (loss) (470.4) 68.5
Retained earnings 3,379.5 5,908.0
Total shareholders’ equity 6,980.0 9,890.3
Total liabilities and shareholders’ equity $40,047.5 $ 43,196.7
The foregoing financial information should be read in conjunction with the financial statements and related notes as presented in Aetna Inc.’s
 Annual Report, Financial Report.
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