v3.24.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 14,577 $ 17,193
Premium and trade receivables 18,281 15,532
Short-term investments 2,992 2,459
Other current assets 1,559 5,572
Total current assets 37,409 40,756
Long-term investments 17,691 16,286
Restricted deposits 1,452 1,386
Property, software and equipment, net 2,042 2,019
Goodwill 17,558 17,558
Intangible assets, net 5,582 6,101
Other long-term assets 617 535
Total assets 82,351 84,641
Current liabilities:    
Medical claims liability 17,995 18,000
Accounts payable and accrued expenses 13,338 16,420
Return of premium payable 1,959 1,462
Unearned revenue 658 715
Current portion of long-term debt 111 119
Total current liabilities 34,061 36,716
Long-term debt 17,494 17,710
Deferred tax liability 769 641
Other long-term liabilities 2,618 3,618
Total liabilities 54,942 58,685
Commitments and contingencies
Redeemable noncontrolling interests 13 19
Stockholders' equity:    
Preferred stock, $0.001 par value; authorized 10,000 shares; no shares issued or outstanding at September 30, 2024 and December 31, 2023 0 0
Common stock, $0.001 par value; authorized 800,000 shares; 619,945 issued and 510,078 outstanding at September 30, 2024, and 615,291 issued and 534,484 outstanding at December 31, 2023 1 1
Additional paid-in capital 20,522 20,304
Accumulated other comprehensive (loss) (226) (652)
Retained earnings 15,065 12,043
Treasury stock, at cost (109,867 and 80,807 shares, respectively) (8,055) (5,856)
Total Centene stockholders' equity 27,307 25,840
Nonredeemable noncontrolling interest 89 97
Total stockholders' equity 27,396 25,937
Total liabilities, redeemable noncontrolling interests and stockholders' equity $ 82,351 $ 84,641