Cigna 2015 Annual Report Download - page 63

Download and view the complete annual report

Please find page 63 of the 2015 Cigna annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 180

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180

PART II
ITEM 6. Selected Financial Data
Selected Financial Data
The selected financial data should be read in conjunction with Managements Discussion and Analysis of Financial Condition and Results of
Operations and the Consolidated Financial Statements and accompanying notes included elsewhere herein.
Highlights
(Dollars in millions, except per share amounts)
2015 2014 2013 2012 2011
TOTAL REVENUES $ 37,876 $ 34,914 $ 32,380 $ 29,119 $ 21,865
Shareholders’ net income $ 2,094 $ 2,102 $ 1,476 $ 1,623 $ 1,260
NET INCOME $ 2,077 $ 2,094 $ 1,478 $ 1,624 $ 1,261
Shareholders’ net income per share:
Basic $ 8.17 $ 7.97 $ 5.28 $ 5.70 $ 4.65
Diluted $ 8.04 $ 7.83 $ 5.18 $ 5.61 $ 4.59
Common dividends declared per share $ 0.04 $ 0.04 $ 0.04 $ 0.04 $ 0.04
Cash and investments $ 26,681 $ 25,762 $ 25,160 $ 26,638 $ 27,180
Total assets
(1)
$ 57,088 $ 55,870 $ 54,306 $ 53,700 $ 50,659
Long-term debt
(1)
$ 5,020 $ 4,979 $ 4,984 $ 4,952 $ 4,952
Total liabilities
(1)
$ 44,975 $ 44,991 $ 43,629 $ 43,817 $ 42,665
Shareholders’ equity $ 12,035 $ 10,774 $ 10,567 $ 9,769 $ 7,994
Employees 39,300 37,200 36,500 35,800 31,400
(1) As explained in Note 2(B) to the Consolidated Financial Statements, in the fourth quarter of 2015, we retrospectively adopted Accounting Standards Update 2015-03 ‘‘Simplifying the
Presentation of Debt Issuance Costs,’’ that requires debt issuance costs to be netted against long-term debt. Amounts presented above for the years 2011 through 2014 for total assets, long-term
debt, and total liabilities have been retrospectively adjusted to conform to the new guidance. The impact was not material.
CIGNA CORPORATION - 2015 Form 10-K 33
ITEM 6.