United Healthcare 2011 Annual Report Download - page 55

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UnitedHealth Group
Consolidated Balance Sheets
(in millions, except per share data)
Assets
Current assets:
Cash and cash equivalents .................................................................................................
Short-term investments......................................................................................................
Accounts receivable, net of allowances of $196 and $241................................................
Other current receivables, net of allowances of $72 and $66............................................
Assets under management..................................................................................................
Deferred income taxes .......................................................................................................
Prepaid expenses and other current assets .........................................................................
Total current assets....................................................................................................................
Long-term investments .............................................................................................................
Property, equipment and capitalized software, net of accumulated depreciation and
amortization of $2,440 and $2,779 ....................................................................................
Goodwill....................................................................................................................................
Other intangible assets, net of accumulated amortization of $1,451 and $1,350......................
Other assets ...............................................................................................................................
Total assets................................................................................................................................
Liabilities and shareholders’ equity
Current liabilities:
Medical costs payable........................................................................................................
Accounts payable and accrued liabilities...........................................................................
Other policy liabilities........................................................................................................
Commercial paper and current maturities of long-term debt.............................................
Unearned revenues.............................................................................................................
Total current liabilities..............................................................................................................
Long-term debt, less current maturities ....................................................................................
Future policy benefits................................................................................................................
Deferred income taxes and other liabilities...............................................................................
Total liabilities...........................................................................................................................
Commitments and contingencies (Note 12)
Shareholders’ equity:
Preferred stock, $0.001 par value - 10 shares authorized;
no shares issued or outstanding......................................................................................
Common stock, $0.01 par value - 3,000 shares authorized;
1,039 and 1,086 issued and outstanding.........................................................................
Retained earnings...............................................................................................................
Accumulated other comprehensive income (loss):
Net unrealized gains on investments, net of tax effects.....................................................
Foreign currency translation losses....................................................................................
Total shareholders’ equity.........................................................................................................
Total liabilities and shareholders’ equity...................................................................................
December 31,
2011
$ 9,429
2,577
2,294
2,255
2,708
472
615
20,350
16,166
2,515
23,975
2,795
2,088
$ 67,889
$ 9,799
6,853
5,063
982
1,225
23,922
10,656
2,445
2,574
39,597
—
10
27,821
476
(15)
28,292
$ 67,889
December 31,
2010
$ 9,123
2,072
2,061
1,643
2,550
403
541
18,393
14,707
2,200
22,745
2,910
2,108
$ 63,063
$ 9,220
6,488
3,979
2,480
1,533
23,700
8,662
2,361
2,515
37,238
—
11
25,562
280
(28)
25,825
$ 63,063
See Notes to the Consolidated Financial Statements