v3.24.2
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Premiums $ 35,416 $ 36,589 $ 71,112 $ 72,457
Total operating revenue 43,223 43,377 85,496 85,275
Net investment income 508 416 973 803
Net losses on financial instruments (85) (121) (246) (234)
Gain on sale of business 240 0 240 0
Total revenues 43,886 43,672 86,463 85,844
Expenses        
Benefit expense 30,572 31,604 61,118 62,390
Cost of products sold 4,820 4,327 8,645 7,808
Operating expense 5,066 4,818 9,952 9,618
Interest expense 280 261 545 512
Amortization of other intangible assets 162 221 278 456
Total expenses 40,900 41,231 80,538 80,784
Income before income tax expense 2,986 2,441 5,925 5,060
Income tax expense 685 585 1,375 1,200
Net income 2,301 1,856 4,550 3,860
Net income attributable to noncontrolling interests (1) (3) (4) (18)
Shareholders’ net income $ 2,300 $ 1,853 $ 4,546 $ 3,842
Shareholders’ net income per share        
Basic (in dollars per share) $ 9.91 $ 7.83 $ 19.56 $ 16.21
Diluted (in dollars per share) 9.85 7.79 19.44 16.10
Dividends per share (in dollars per share) $ 1.63 $ 1.48 $ 3.26 $ 2.96
Product revenue        
Revenues        
Product and service revenue $ 5,530 $ 4,859 $ 10,029 $ 8,881
Service fees        
Revenues        
Product and service revenue $ 2,277 $ 1,929 $ 4,355 $ 3,937