← HUMANA INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $614.0m $2.4b $1.7b $2.7b $3.4b $2.9b $2.8b $2.5b $1.2b $1.2b
Net Income (Loss) Attributable to Noncontrolling Interest — — — — — $1.0m ($4.0m) ($5.0m) $7.0m $15.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — — $2.9b $2.8b $2.5b $1.2b $1.2b
Amortization $77.0m $75.0m $90.0m $70.0m $88.0m $73.0m $96.0m $67.0m $60.0m $51.0m
Amortization of Intangible Assets $77.0m $75.0m $90.0m $70.0m $88.0m $65.0m $81.0m $67.0m $60.0m $51.0m
Capitalized Computer Software, Amortization $255.0m $287.0m $298.0m $343.0m $351.0m $443.0m $525.0m $589.0m $660.0m $536.0m
Deferred Policy Acquisition Costs, Amortization Expense $67.0m $71.0m $48.0m — — — — — — —
Depreciation $388.0m $410.0m $444.0m $505.0m $528.0m $640.0m $749.0m $850.0m $908.0m $773.0m
Depreciation and amortization $388.0m $410.0m $444.0m $505.0m $528.0m $640.0m $749.0m $779.0m $839.0m $698.0m
Depreciation, Nonproduction — — — — — — — $831.0m $884.0m $753.0m
Deferred Income Tax Expense (Benefit) ($71.0m) $132.0m $194.0m $162.0m $195.0m $15.0m ($100.0m) ($164.0m) ($192.0m) $75.0m
Deferred income taxes — — — — — $15.0m ($100.0m) ($167.0m) ($192.0m) $75.0m
Goodwill, Impairment Loss — — — $0 $0 $0 $0 $0 $0 $0
Impairment of Intangible Assets, Finite-lived — — $12.0m — — $0 $0 $55.0m — $128.0m
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — — $0 $0 $55.0m $200.0m $128.0m
Impairment of indefinite-lived intangible assets — — — — — $0 $0 $55.0m $200.0m $128.0m
Impairment of property and equipment $0 $2.0m — — $0 $0 $248.0m $210.0m $7.0m $23.0m
Share-based Payment Arrangement, Expense — — — — $181.0m $180.0m $216.0m $175.0m $207.0m $241.0m
Share-based Payment Arrangement, Noncash Expense $115.0m $157.0m $137.0m $163.0m $181.0m $180.0m $216.0m $175.0m $207.0m $241.0m
Equity Method Investment, Realized Gain (Loss) on Disposal — — ($90.0m) ($62.0m) ($838.0m) $1.1b $0 $0 ($24.0m) $50.0m
Gain (Loss) on Disposition of Business $0 $0 ($786.0m) $0 $0 — $237.0m $0 $0 ($67.0m)
Income (Loss) from Equity Method Investments — — $11.0m $14.0m $74.0m $65.0m ($4.0m) ($63.0m) ($94.0m) ($102.0m)
Income Tax Expense (Benefit) $938.0m $1.6b $391.0m $763.0m $1.3b $485.0m $762.0m $836.0m $413.0m $250.0m
Interest Expense Nonoperating — — — — — — — — $660.0m $631.0m
Other Nonoperating Income (Expense) — — ($33.0m) $506.0m ($103.0m) $532.0m ($68.0m) ($137.0m) ($181.0m) ($451.0m)
Changes in operating assets and liabilities:
Additional Financial Items
(Payments) receipts from contract deposits, net $1.1b $1.8b ($640.0m) ($623.0m) ($939.0m) ($306.0m) $2.0b $828.0m ($1.9b) ($1.1b)
(Repayments) proceeds from issuance of commercial paper, net ($2.0m) ($153.0m) $485.0m ($360.0m) $295.0m $352.0m ($376.0m) $211.0m ($907.0m) ($5.0m)
Benefits payable ($413.0m) $105.0m $252.0m $1.1b $2.1b $104.0m $975.0m $915.0m $199.0m ($472.0m)
Change in book overdraft ($89.0m) ($71.0m) $30.0m $54.0m $95.0m $6.0m ($28.0m) $55.0m $50.0m ($97.0m)
Changes in rebate factor payable — — — — — — $0 $0 $123.0m ($123.0m)
Changes in securities lending collateral receivable — — — — — — $0 $0 ($418.0m) ($220.0m)
Changes in securities lending payable — — — — — — $0 $0 $418.0m $220.0m
Debt Securities, Available-for-sale, Realized Gain (Loss) — — $90.0m $62.0m — $130.0m $205.0m $54.0m ($24.0m) $50.0m
Debt and Equity Securities, Gain (Loss) — — ($90.0m) ($62.0m) $838.0m ($130.0m) ($205.0m) ($54.0m) $24.0m ($50.0m)
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal $0 $0 ($786.0m) — — — — — — —
Equity Securities, FV-NI, Gain (Loss) — — ($90.0m) ($62.0m) ($838.0m) ($341.0m) ($123.0m) $1.0m $0 $50.0m
Equity Securities, FV-NI, Realized Gain (Loss) — — ($90.0m) ($62.0m) ($838.0m) ($13.0m) ($105.0m) $1.0m $0 $50.0m
Equity Securities, FV-NI, Unrealized Gain (Loss) — — ($90.0m) ($62.0m) ($838.0m) ($328.0m) ($18.0m) $0 $0 $50.0m
Equity in net losses $0 $0 ($11.0m) ($14.0m) ($74.0m) ($65.0m) $4.0m $63.0m $94.0m $102.0m
Fair value of assets acquired, net of cash acquired $7.0m $31.0m $392.0m $28.0m $819.0m $9.8b $460.0m $462.0m $124.0m $91.0m
Goodwill $3.3b $3.3b $3.9b $3.9b $4.4b $11.1b $9.1b $9.6b $9.6b $9.7b
Increase (Decrease) in Other Operating Assets ($426.0m) $582.0m $484.0m ($118.0m) $581.0m $491.0m $463.0m $1.3b ($1.0b) $2.2b
Interest payments $185.0m $216.0m $195.0m $212.0m $258.0m $285.0m $354.0m $394.0m $584.0m $628.0m
Less: Fair value of liabilities assumed $0 $0 ($38.0m) ($28.0m) ($110.0m) ($3.2b) ($70.0m) ($234.0m) ($35.0m) ($10.0m)
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $44.7b $43.5b $45.9b $53.9b $61.6b $69.2b $75.7b $88.4b $100.7b $110.8b
Loss (gain) on investment securities, net — — ($90.0m) ($62.0m) ($838.0m) $130.0m $205.0m $54.0m ($24.0m) $50.0m
Loss on sale of business $0 $0 $786.0m $0 $0 $0 ($237.0m) $0 $0 $67.0m
Other $162.0m $155.0m $107.0m — — — $0 $0 ($50.0m) $0
Other assets $426.0m ($582.0m) ($484.0m) $118.0m ($581.0m) ($491.0m) ($463.0m) ($1.3b) $1.0b ($2.2b)
Other liabilities $937.0m $641.0m ($676.0m) $471.0m $599.0m $176.0m $44.0m $841.0m ($373.0m) $1.3b
Other, net — $155.0m $107.0m $90.0m $49.0m $40.0m $9.0m ($151.0m) ($108.0m) ($81.0m)
Proceeds from Stock Options Exercised $11.0m $63.0m $50.0m $58.0m $61.0m $30.0m $51.0m $9.0m $300k $0
Proceeds from issuance of senior notes, net $0 $1.8b $0 $987.0m $1.1b $3.0b $2.0b $2.5b $2.2b $1.5b
Proceeds from sale of business, net — — — — $0 $0 $2.7b $0 $0 $115.0m
Proceeds from short-term borrowings $0 $0 $1.0b — — $0 $0 $100.0m $0 $0
Receivables ($158.0m) $406.0m ($200.0m) ($32.0m) ($85.0m) ($280.0m) ($54.0m) ($337.0m) ($669.0m) ($570.0m)
Repayment of senior notes — — $0 ($400.0m) ($400.0m) $0 ($1.0b) ($1.8b) ($1.1b) ($948.0m)
Repayment of short-term borrowings $0 $0 ($350.0m) — — $0 $0 ($100.0m) $0 $0
Repayment of term loan — $0 ($350.0m) ($650.0m) ($1.0b) ($2.1b) ($2.0b) ($500.0m) $0 $0
Revenue from Contract with Customer, Including Assessed Tax — — $1.5b $1.4b $1.8b $3.1b $4.8b $4.0b $4.4b $5.8b
Stock or Unit Option Plan Expense $9.0m $12.0m $13.0m $11.0m — — — — — —
Stock-based compensation $115.0m $157.0m $137.0m $163.0m $181.0m $180.0m $216.0m $175.0m $207.0m $241.0m
Unearned revenues ($84.0m) $98.0m ($95.0m) ($36.0m) $71.0m ($65.0m) $32.0m ($20.0m) ($6.0m) $96.0m
Net Cash Provided by (Used in) Operating Activities $1.9b $4.1b $2.2b $5.3b $5.6b $2.3b $4.6b $4.0b $3.0b $921.0m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $527.0m $526.0m $612.0m $736.0m $964.0m $1.3b $1.1b $1.0b $575.0m $546.0m
Payments to Acquire Businesses, Net of Cash Acquired $7.0m $31.0m $354.0m $0 $709.0m $4.2b $337.0m $233.0m $89.0m $81.0m
Purchases of investment securities ($6.6b) ($6.3b) ($4.7b) ($6.4b) ($9.1b) ($7.2b) ($6.0b) ($7.6b) ($8.2b) ($6.4b)
Proceeds from maturities of investment securities $1.4b $1.1b $972.0m $1.7b $5.0b $2.6b $1.4b $1.3b $3.0b $2.9b
Proceeds from sales of investment securities $4.3b $2.8b $3.5b $4.1b $2.7b $3.5b $2.4b $3.8b $3.4b $6.5b
Payments for (Proceeds from) Other Investing Activities — — — — — — — — $50.0m $0
Net Cash Provided by (Used in) Investing Activities ($1.4b) ($2.9b) ($3.1b) ($1.3b) ($3.1b) ($6.6b) ($1.0b) ($3.5b) ($3.0b) $2.3b
Cash flows from financing activities:
Debt issue costs — — — $0 $0 ($31.0m) ($6.0m) ($7.0m) ($7.0m) ($5.0m)
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $1.4b $1.1b $972.0m $1.7b $5.0b $2.6b $1.4b $1.3b $3.0b $2.9b
Repayments of Long-term Debt $0 $800.0m $0 $400.0m — — — — — —
Common stock repurchases ($104.0m) ($3.4b) ($1.1b) ($1.1b) ($1.8b) ($79.0m) ($2.1b) ($1.6b) ($817.0m) ($151.0m)
Payments for Repurchase of Common Stock $104.0m $3.4b $1.1b $1.1b $1.8b $79.0m $2.1b $1.6b $817.0m $151.0m
Payments of Ordinary Dividends, Common Stock $177.0m $220.0m $265.0m $291.0m $323.0m $90.0m $98.0m $431.0m $431.0m $430.0m
Less: Noncontrolling interests acquired — — — $0 $0 ($22.0m) ($53.0m) $5.0m $0 $0
Dividends paid ($177) ($220) ($265) ($291) ($323) ($354) ($392) ($431) ($431) ($430)
Proceeds from (Payments for) Other Financing Activities — — — — — — $9.0m ($151.0m) ($108.0m) ($81.0m)
Net Cash Provided by (Used in) Financing Activities $732.0m ($945.0m) ($785.0m) ($2.3b) ($2.0b) $3.0b ($1.9b) ($856.0m) ($2.5b) ($1.2b)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $1.3b $165.0m ($1.7b) $1.7b $619.0m ($1.3b) $1.7b ($367.0m) ($2.5b) $2.0b
Increase (decrease) in cash and cash equivalents $1.3b $165.0m ($1.7b) $1.7b $619.0m ($1.3b) $1.7b ($367.0m) ($2.5b) $2.0b
Acquisitions, net of cash and cash equivalents acquired ($7.0m) ($31.0m) ($354.0m) $0 ($709.0m) ($4.2b) ($337.0m) ($233.0m) ($89.0m) ($81.0m)
Cash and cash equivalents at beginning of period — $4.0b $2.3b $4.1b $4.7b $3.4b $5.1b $4.7b $2.2b $4.2b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $4.1b $4.7b $3.4b $5.1b $4.7b $2.2b $4.2b
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $195.0m $212.0m $258.0m $285.0m $354.0m $394.0m $584.0m $628.0m
Income Taxes Paid, Net $916.0m $1.5b $631.0m $518.0m $1.1b $227.0m $758.0m $997.0m $570.0m —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.