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Financial Information

Consolidated Balance Sheets

(In millions, except share data)
December 31, 2013
December 31, 2012
Assets    
Current assets:    
Cash and cash equivalents $ 1,582.1 $ 2,475.3
Investments available—for—sale, at fair value:    
Fixed maturity securities (amortized cost of $16,826.7 and $16,033.1) 17,038.2 16,912.9
Equity securities (cost of $1,168.5 and $869.9) 1,735.5 1,212.4
Other invested assets, current 16.3 14.8
Accrued investment income 168.8 162.2
Premium and self—funded receivables 3,968.7 3,687.4
Other receivables 1,063.3 927.6
Income taxes receivable 235.7 228.5
Securities lending collateral 969.8 564.6
Deferred tax assets, net 383.0 236.4
Other current assets 1,677.5 1,827.4
Assets held for sale 906.9 1,098.0
Total current assets 29,745.8 29,347.5
Long—term investments available—for—sale, at fair value    
Fixed maturity securities (amortized cost of $455.9 and $426.0) 449.9 431.5
Equity securities (cost of $27.4 and $27.1) 31.3 30.1
Other invested assets, long—term 1,542.6 1,387.6
Property and equipment, net 1,801.5 1,717.3
Goodwill 16,917.2 16,889.8
Other intangible assets 8,441.0 8,665.5
Other noncurrent assets 645.2 486.1
Total assets $ 59,574.5 $ 58,955.4
Liabilities and shareholders’ equity    
Liabilities    
Current liabilities:    
Policy liabilities:    
Medical claims payable $ 6,127.2 $ 6,174.5
Reserves for future policy benefits 63.1 61.3
Other policyholder liabilities 2,073.2 2,345.7
Total policy liabilities 8,263.5 8,581.5
Unearned income 822.7 896.8
Accounts payable and accrued expenses 3,426.3 3,098.7
Security trades pending payable 95.2 69.3
Securities lending payable 969.7 564.7
Short—term borrowings 400.0 250.0
Current portion of long—term debt 518.0 557.1
Other current liabilities 1,674.7 1,769.8
Liabilities held for sale 181.4 207.1
Total current liabilities 16,351.5 15,995.0
Long—term debt, less current portion 13,573.6 14,170.8
Reserves for future policy benefits, noncurrent 723.0 750.8
Deferred tax liabilities, net 3,325.2 3,222.9
Other noncurrent liabilities 836.0 1,013.2
Total liabilities 34,809.3 35,152.7
     
Commitments and contingencies—Note 14    
Shareholders’ equity    
Preferred stock, without par value, shares authorized—100,000,000;
      shares issued and outstanding—none


Common stock, par value $0.01, shares authorized—900,000,000;
      shares issued and outstanding—293,273,830 and 304,715,144

2.9

3.0
Additional paid—in capital 10,765.2 10,853.5
Retained earnings 13,813.9 12,647.1
Accumulated other comprehensive income 183.2 299.1
Total shareholders’ equity 24,765.2 23,802.7
Total liabilities and shareholders’ equity $ 59,574.5 $ 58,955.4

The information presented above should be read in conjunction with the audited financial statements and accompanying notes included in WellPoint’s 2013 Annual Report on Form 10—K.