Aetna 2014 Annual Report Download - page 82

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Annual Report- Page 76
Consolidated Balance Sheets
At December 31,
(Millions) 2014 2013
Assets:
Current assets:
Cash and cash equivalents $ 1,420.4 $ 1,412.3
Investments 2,595.2 2,063.8
Premiums receivable, net 1,623.0 1,331.2
Other receivables, net 2,065.9 1,780.8
Accrued investment income 223.9 211.1
Collateral received under securities loan agreements 826.9 792.6
Income taxes receivable 372.7 69.2
Deferred income taxes 443.0 521.5
Other current assets 2,193.0 1,429.4
Total current assets 11,764.0 9,611.9
Long-term investments 22,193.9 20,935.0
Reinsurance recoverables 751.4 782.7
Goodwill 10,613.2 10,227.5
Other acquired intangible assets, net 1,948.3 2,094.1
Property and equipment, net 669.8 721.9
Other long-term assets 1,130.0 1,419.2
Separate Accounts assets 4,331.5 3,972.5
Total assets $ 53,402.1 $ 49,764.8
Liabilities and shareholders’ equity:
Current liabilities:
Health care costs payable $ 5,621.1 $ 4,547.4
Future policy benefits 705.9 734.4
Unpaid claims 745.3 705.4
Unearned premiums 519.5 458.7
Policyholders’ funds 1,984.5 1,620.3
Collateral payable under securities loan and repurchase agreements 1,028.6 792.6
Short term debt 500.0 —
Current portion of long-term debt 229.3 387.3
Accrued expenses and other current liabilities 4,022.3 3,226.9
Total current liabilities 15,356.5 12,473.0
Future policy benefits 6,427.4 6,656.8
Unpaid claims 1,650.6 1,619.3
Policyholders’ funds 1,163.2 1,188.0
Long-term debt, less current portion 7,852.0 7,865.3
Deferred income taxes 867.5 864.2
Other long-term liabilities 1,201.6 1,047.5
Separate Accounts liabilities 4,331.5 3,972.5
Total liabilities 38,850.3 35,686.6
Commitments and contingencies (Note 18)
Shareholders’ equity:
Common stock ($.01 par value; 2.6 billion shares authorized and 349.8 million shares issued
and outstanding in 2014; 2.6 billion shares authorized and 362.2 million shares issued and
outstanding in 2013) and additional paid-in capital 4,542.2 4,382.2
Retained earnings 11,051.7 10,555.4
Accumulated other comprehensive loss (1,111.3)(912.1)
Total Aetna shareholders’ equity 14,482.6 14,025.5
Non-controlling interests 69.2 52.7
Total equity 14,551.8 14,078.2
Total liabilities and shareholders’ equity $ 53,402.1 $ 49,764.8
Refer to accompanying Notes to Consolidated Financial Statements.