Aetna 2007 Annual Report Download - page 24

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The foregoing fi nancial information should be read in conjunction with the fi nancial statements and related notes as presented in Aetna’s 2007
Annual Report, Financial Report to Shareholders.
At December 31,
(MILLIONS) 2007 2006
Assets
Current assets:
Cash and cash equivalents $ 1,254.0 $ 880.0
Investments 851.5 1,008.0
Premiums receivable, net 479.8 363.1
Other receivables, net 589.1 530.1
Accrued investment income 189.2 183.1
Collateral received under securities loan agreements 1,142.4 1,054.3
Deferred income taxes 321.7 293.2
Other current assets 460.7 326.3
Total current assets 5,288.4 4,638.1
Long-term investments 17,040.1 16,879.1
Reinsurance recoverables 1,093.2 1,107.4
Goodwill 5,059.0 4,603.6
Other acquired intangible assets, net 780.4 691.6
Property and equipment, net 364.0 283.6
Deferred income taxes – 170.0
Other long-term assets 1,850.2 1,049.1
Separate Accounts assets 19,249.4 18,203.9
Total assets $50,724.7 $47,626.4
Liabilities and shareholders’ equity
Current liabilities:
Health care costs payable $ 2,177.4 $ 1,927.5
Future policy benefi ts 763.8 786.0
Unpaid claims 625.9 598.3
Unearned premiums 198.4 185.6
Policyholders’ funds 668.2 567.6
Collateral payable under securities loan agreements 1,142.4 1,054.3
Short-term debt 130.7 45.0
Income taxes payable 5.9 42.6
Accrued expenses and other current liabilities 1,962.0 1,896.1
Total current liabilities 7,674.7 7,103.0
Future policy benefi ts 7,253.2 7,463.7
Unpaid claims 1,234.1 1,174.6
Policyholders’ funds 1,225.7 1,296.4
Long-term debt 3,138.5 2,442.3
Income taxes payable 13.0 –
Deferred income taxes 146.4 –
Other long-term liabilities 751.3 797.4
Separate Accounts liabilities 19,249.4 18,203.9
Total liabilities 40,686.3 38,481.3
Shareholders’ equity:
Common stock and additional paid-in capital ($.01 par value; 2.8 billion shares authorized;
496.3 million and 516.0 million shares issued and outstanding in 2007 and 2006, respectively) 188.8 366.2
Retained earnings 10,138.0 9,404.6
Accumulated other comprehensive loss (288.4 ) (625.7 )
Total shareholders’ equity 10,038.4 9,145.1
Total liabilities and shareholders’ equity $50,724.7 $47,626.4
Consolidated Balance Sheets
22