2016 Q4 Form 10-K Financial Statement

#000004907118000014 Filed on February 16, 2018

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2016 Q2
Revenue $12.88B $13.69B $14.01B
YoY Change -3.61% 2.48% 2.0%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.739B $1.699B
YoY Change 3.02% -6.49%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $117.0M $117.0M $116.0M
YoY Change 4.46% 9.35% 1.75%
% of Gross Profit
Operating Expenses $13.32B $1.739B $1.699B
YoY Change 1.87% 3.02% -6.49%
Operating Profit $949.0M $683.0M
YoY Change 36.55% 19.2%
Interest Expense -$48.00M $47.00M $47.00M
YoY Change 4.35% 0.0% 0.0%
% of Operating Profit 4.95% 6.88%
Other Income/Expense, Net
YoY Change
Pretax Income -$486.0M $902.0M $636.0M
YoY Change -297.56% 39.2% -19.8%
Income Tax -$85.00M $452.0M $325.0M
% Of Pretax Income 50.11% 51.1%
Net Earnings -$401.0M $450.0M $311.0M
YoY Change -497.03% 43.31% -27.84%
Net Earnings / Revenue -3.11% 3.29% 2.22%
Basic Earnings Per Share -$2.68 $3.01 $2.08
Diluted Earnings Per Share -$2.68 $2.98 $2.06
COMMON SHARES
Basic Shares Outstanding 149.4M shares 149.4M shares
Diluted Shares Outstanding 150.9M shares 150.8M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.47B $14.10B $9.846B
YoY Change 16.61% 56.3% 5.97%
Cash & Equivalents $3.877B $6.769B $2.429B
Short-Term Investments $7.595B $7.329B $7.417B
Other Short-Term Assets $3.438B $4.791B $5.337B
YoY Change -27.04% -16.92% -3.92%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $16.19B $19.65B $17.74B
YoY Change 3.05% 24.61% 4.48%
LONG-TERM ASSETS
Property, Plant & Equipment $1.505B $1.478B $1.452B
YoY Change 8.74% 10.05% 11.78%
Goodwill $3.272B $3.272B $3.266B
YoY Change 0.21% 0.18% 0.0%
Intangibles $280.0M $298.0M $316.0M
YoY Change -21.57% -21.37% -21.2%
Long-Term Investments $9.798B $9.602B $9.468B
YoY Change 7.55% 3.23% 6.62%
Other Assets $2.226B $2.789B $2.731B
YoY Change -10.06% 37.05% 36.21%
Total Long-Term Assets $9.206B $9.812B $9.500B
YoY Change 2.67% 15.12% 12.97%
TOTAL ASSETS
Total Short-Term Assets $16.19B $19.65B $17.74B
Total Long-Term Assets $9.206B $9.812B $9.500B
Total Assets $25.40B $29.47B $27.24B
YoY Change 2.91% 21.28% 7.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.467B $2.933B $3.873B
YoY Change 11.53% 32.36% 17.65%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $300.0M $300.0M $300.0M
YoY Change 0.33% 2627.27% 0.0%
Long-Term Debt Due $300.0M
YoY Change 0.33%
Total Short-Term Liabilities $7.822B $11.82B $9.934B
YoY Change -4.05% 52.62% 10.71%
LONG-TERM LIABILITIES
Long-Term Debt $3.792B $3.792B $3.793B
YoY Change -0.05% -0.78% -0.78%
Other Long-Term Liabilities $263.0M $279.0M $347.0M
YoY Change 11.91% 24.0% -2.8%
Total Long-Term Liabilities $4.055B $4.071B $4.140B
YoY Change 0.65% 0.59% -0.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.822B $11.82B $9.934B
Total Long-Term Liabilities $4.055B $4.071B $4.140B
Total Liabilities $14.71B $18.18B $16.36B
YoY Change 2.64% 30.4% 6.93%
SHAREHOLDERS EQUITY
Retained Earnings $11.45B $11.90B $11.49B
YoY Change 3.97% 8.57% 7.51%
Common Stock $2.595B $2.560B $2.535B
YoY Change 1.25% 0.47% 0.28%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.298B $3.286B $3.287B
YoY Change 0.18% -0.18% 0.0%
Treasury Stock Shares 49.19M shares 49.31M shares 49.33M shares
Shareholders Equity $10.69B $11.29B $10.87B
YoY Change
Total Liabilities & Shareholders Equity $25.40B $29.47B $27.24B
YoY Change 2.91% 21.28% 7.3%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income -$401.0M $450.0M $311.0M
YoY Change -497.03% 43.31% -27.84%
Depreciation, Depletion And Amortization $117.0M $117.0M $116.0M
YoY Change 4.46% 9.35% 1.75%
Cash From Operating Activities -$2.773B $4.503B -$296.0M
YoY Change -922.85% 336.34% -51.32%
INVESTING ACTIVITIES
Capital Expenditures -$132.0M -$139.0M -$131.0M
YoY Change -5.04% 11.2% -3.68%
Acquisitions
YoY Change
Other Investing Activities -$696.0M -$98.00M $262.0M
YoY Change 340.51% -79.58% -81.96%
Cash From Investing Activities -$828.0M -$237.0M $131.0M
YoY Change 178.79% -60.83% -90.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 709.0M 74.00M -207.0M
YoY Change -24.09% -106.85% -48.76%
NET CHANGE
Cash From Operating Activities -2.773B 4.503B -296.0M
Cash From Investing Activities -828.0M -237.0M 131.0M
Cash From Financing Activities 709.0M 74.00M -207.0M
Net Change In Cash -2.892B 4.340B -372.0M
YoY Change -396.92% -764.62% -222.37%
FREE CASH FLOW
Cash From Operating Activities -$2.773B $4.503B -$296.0M
Capital Expenditures -$132.0M -$139.0M -$131.0M
Free Cash Flow -$2.641B $4.642B -$165.0M
YoY Change -654.83% 301.21% -65.04%

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62000000 USD
CY2017Q4 hum Trade Accounts Payable And Accrued Expenses Future Policy Benefits Payable
TradeAccountsPayableAndAccruedExpensesFuturePolicyBenefitsPayable
56000000 USD
CY2017 hum Typical Term In Years Of Short Duration Employer Group Prepaid Health Services Policies
TypicalTermInYearsOfShortDurationEmployerGroupPrepaidHealthServicesPolicies
P1Y
CY2017Q4 hum Upper Limit Percentage Of Level Three Assets To Total Invested Assets
UpperLimitPercentageOfLevelThreeAssetsToTotalInvestedAssets
0.001
CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2467000000 USD
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
4069000000 USD
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1690000000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1976000000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-66000000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
19000000 USD
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2562000000 USD
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2445000000 USD
CY2015 us-gaap Adjustment For Amortization
AdjustmentForAmortization
93000000 USD
CY2016 us-gaap Adjustment For Amortization
AdjustmentForAmortization
77000000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
157000000 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
17000000 USD
CY2016 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
2000000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
118000000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
96000000 USD
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
93000000 USD
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
77000000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
75000000 USD
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
415000 shares
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
748000 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
539000 shares
CY2016Q4 us-gaap Assets
Assets
25396000000 USD
CY2017Q4 us-gaap Assets
Assets
27178000000 USD
CY2016Q4 us-gaap Assets Current
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16190000000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
17402000000 USD
CY2016Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
168000000 USD
CY2017Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
286000000 USD
CY2016Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
196000000 USD
CY2017Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
88000000 USD
CY2016Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
9798000000 USD
CY2017Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
12302000000 USD
CY2016Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
9826000000 USD
CY2017Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
12104000000 USD
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
9000000 USD
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
58000000 USD
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
196000000 USD
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
88000000 USD
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
6967000000 USD
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
6307000000 USD
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
187000000 USD
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
30000000 USD
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
6758000000 USD
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
3999000000 USD
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
209000000 USD
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
2308000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
2661000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
2657000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
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2872000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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2867000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
3346000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
3567000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
712000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
711000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
2513000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
2500000000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
7595000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
9557000000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
2203000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
2745000000 USD
CY2015 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
146000000 USD
CY2016 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
96000000 USD
CY2017 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
14000000 USD
CY2015 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
179000000 USD
CY2016 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
120000000 USD
CY2017 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
35000000 USD
CY2015 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
33000000 USD
CY2016 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
24000000 USD
CY2017 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
21000000 USD
CY2017Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
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2410 position
CY2015 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
51942000000 USD
CY2016 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
52638000000 USD
CY2017 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
49505000000 USD
CY2016Q4 us-gaap Buildings And Improvements Gross
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681000000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2571000000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3877000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4042000000 USD
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CashAndCashEquivalentsPeriodIncreaseDecrease
636000000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
157000000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
153000000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
253000000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
306000000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
14600000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
182000 shares
CY2017Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
713000000 USD
CY2015 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
220000000 USD
CY2016 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
255000000 USD
CY2017 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
287000000 USD
CY2016Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1744000000 USD
CY2017Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2003000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1935000000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1306000000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
165000000 USD
CY2015 us-gaap Cash Dividends Paid To Parent Company
CashDividendsPaidToParentCompany
493000000 USD
CY2016 us-gaap Cash Dividends Paid To Parent Company
CashDividendsPaidToParentCompany
763000000 USD
CY2017 us-gaap Cash Dividends Paid To Parent Company
CashDividendsPaidToParentCompany
1400000000 USD
CY2015 us-gaap Ceded Premiums Written
CededPremiumsWritten
821000000 USD
CY2016 us-gaap Ceded Premiums Written
CededPremiumsWritten
842000000 USD
CY2017 us-gaap Ceded Premiums Written
CededPremiumsWritten
969000000 USD
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2015 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.14
CY2016 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.16000000
CY2017 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.49000000
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.1667
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.1667
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
198495007 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
198572458 shares
CY2016Q4 us-gaap Common Stock Value
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33000000 USD
CY2017Q4 us-gaap Common Stock Value
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33000000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax
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1111000000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
490000000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2533000000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1067000000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
921000000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1324000000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1157000000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1009000000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1440000000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
90000000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
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88000000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
116000000 USD
CY2016Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
4004000000 USD
CY2017Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
5191000000 USD
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DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
1
CY2017Q4 us-gaap Debtor In Possession Financing Letters Of Credit Outstanding
DebtorInPossessionFinancingLettersOfCreditOutstanding
0 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2000000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-71000000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
132000000 USD
CY2015 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
63000000 USD
CY2016 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
67000000 USD
CY2017 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
71000000 USD
CY2016Q4 us-gaap Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
16000000 USD
CY2017Q4 us-gaap Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
3000000 USD
CY2016Q4 us-gaap Deferred Revenue Current
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280000000 USD
CY2017Q4 us-gaap Deferred Revenue Current
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378000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Gross
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864000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
596000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
12000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
0 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
399000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
217000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
815000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
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547000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
52000000 USD
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DeferredTaxAssetsOperatingLossCarryforwards
53000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
6000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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153000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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138000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
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196000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
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113000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Unearned Premiums Reserve
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
18000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Unearned Premiums Reserve
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
12000000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
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49000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
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49000000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities
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416000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
330000000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
0 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
49000000 USD
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53000000 USD
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44000000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
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188000000 USD
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196000000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
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217000000 USD
CY2015 us-gaap Depreciation
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354000000 USD
CY2016 us-gaap Depreciation
Depreciation
388000000 USD
CY2017 us-gaap Depreciation
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410000000 USD
CY2015 us-gaap Depreciation And Amortization
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354000000 USD
CY2016 us-gaap Depreciation And Amortization
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388000000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
410000000 USD
CY2015 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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270000000 USD
CY2016 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
0 USD
CY2017 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
0 USD
CY2015 us-gaap Dividends
Dividends
170000000 USD
CY2016 us-gaap Dividends
Dividends
172000000 USD
CY2017 us-gaap Dividends
Dividends
216000000 USD
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175000000 USD
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177000000 USD
CY2017 us-gaap Dividends Common Stock Cash
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232000000 USD
CY2015 us-gaap Earnings Per Share Basic
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8.54
CY2016Q1 us-gaap Earnings Per Share Basic
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1.70
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.08
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.01
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.68
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.11
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.54
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.49
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.46
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.30
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
16.94
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.44
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.68
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.06
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.98
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.68
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.07
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.49
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.46
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.44
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.29
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
16.81
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
26000000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
20000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
32000000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
15000000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2015 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-1000000 USD
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
0 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
0 USD
CY2015 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
0 USD
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146000000 USD
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96000000 USD
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14000000 USD
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93000000 USD
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">REPORTING ENTITY</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Nature of Operations</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Humana Inc., headquartered in Louisville, Kentucky, </font><font style="font-family:inherit;font-size:10pt;">is a leading health and well-being company committed to helping our millions of medical and specialty members achieve their best health. Our successful history in care delivery and health plan administration is helping us create a new kind of integrated care with the power to improve health and well&#8208;being and lower costs. Our efforts are leading to a better quality of life for people with Medicare, families, individuals, military service personnel, and communities at large. To accomplish that, we support physicians and other health care professionals as they work to deliver the right care in the right place for their patients, our members. Our range of clinical capabilities, resources and tools, such as in&#8208;home care, behavioral health, pharmacy services, data analytics and wellness solutions, combine to produce a simplified experience that makes health care easier to navigate and more effective.</font><font style="font-family:inherit;font-size:10pt;"> References throughout these notes to consolidated financial statements to &#8220;we,&#8221; &#8220;us,&#8221; &#8220;our,&#8221; &#8220;Company,&#8221; and &#8220;Humana,&#8221; mean Humana Inc. and its subsidiaries. We derived approximately </font><font style="font-family:inherit;font-size:10pt;">79%</font><font style="font-family:inherit;font-size:10pt;"> of our total premiums and services revenue from contracts with the federal government in </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, including </font><font style="font-family:inherit;font-size:10pt;">15%</font><font style="font-family:inherit;font-size:10pt;"> related to our federal government contracts with the Centers for Medicare and Medicaid Services, or CMS, to provide health insurance coverage for individual Medicare Advantage members in Florida. CMS is the federal government&#8217;s agency responsible for administering the Medicare program.</font></div></div>

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