Aetna 2006 Annual Report Download - page 46

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Consolidated Balance Sheets
(Millions) 2006 2005
Assets
Current assets:
Cash and cash equivalents 880.0$ 1,192.6$
Investment securities 13,437.2 13,366.2
Other investments 210.4 96.8
Premiums receivable, net 363.1 349.2
Other receivables, net 530.1 366.7
Accrued investment income 183.1 184.9
Collateral received under securities loan agreements 1,054.3 1,138.8
Loaned securities 1,018.1 1,115.7
Deferred income taxes 120.8 -
Other current assets 506.7 423.8
Total current assets 18,303.8 18,234.7
Long-term investments 1,840.6 1,869.3
Mortgage loans 1,380.8 1,460.8
Reinsurance recoverables 1,107.4 1,143.7
Goodwill 4,603.6 4,523.2
Other acquired intangible assets, net 691.6 724.9
Property and equipment, net 283.6 272.8
Deferred income taxes 342.4 68.7
Other long-term assets 868.7 1,602.8
Separate Accounts assets 18,203.9 14,532.4
Total assets 47,626.4$ 44,433.3$
Liabilities and shareholders' equity
Current liabilities:
Health care costs payable 1,927.5$ 1,817.0$
Future policy benefits 786.0 806.1
Unpaid claims 598.3 582.5
Unearned premiums 185.6 156.9
Policyholders' funds 567.6 757.7
Collateral payable under securities loan agreements 1,054.3 1,138.8
Short-term debt 45.0 -
Current portion of long-term debt - 450.0
Income taxes payable 42.6 36.7
Deferred income taxes - 10.4
Accrued expenses and other current liabilities 1,896.1 1,860.7
Total current liabilities 7,103.0 7,616.8
Future policy benefits 7,463.7 7,642.1
Unpaid claims 1,174.6 1,144.9
Policyholders' funds 1,296.4 1,304.2
Long-term debt, less current portion 2,442.3 1,155.7
Other long-term liabilities 797.4 848.5
Separate Accounts liabilities 18,203.9 14,532.4
Total liabilities 38,481.3 34,244.6
Commitments and contingencies (Note 18)
Shareholders' equity:
Common stock and additional paid-in capital ($.01 par value, 2.8 billion
shares authorized, 516.0 million shares issued and outstanding in 2006;
1.4 billion shares authorized, 566.5 million shares issued and outstanding in 2005) 366.2 2,414.7
Retained earnings 9,404.6 7,723.7
Accumulated other comprehensive (loss) income (625.7) 50.3
Total shareholders' equity 9,145.1 10,188.7
Total liabilities and shareholders' equity 47,626.4$ 44,433.3$
As of December 31,
Refer to accompanying Notes to Consolidated Financial Statements.
Page 44