Company: HUM
Filing Date: 2025-03-04
Form Type: 424B5
Source: 0001628280-25-009923
Chunk: 11

Company: HUMANA INC
Filing Date: 2025-03-04
Form: 424B5
Chunk 11
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 3,463 |     |             |   3,463 |     |    |
| Retained earnings                                                                           |     |                   |  28,317 |     |             |  28,317 |     |    |
| Accumulated other comprehensive loss                                                        |     |                   |  -1,067 |     |             |  -1,067 |     |    |
| Treasury stock, at cost, 78,077,195 shares                                                  |     |                   | -14,371 |     |             | -14,371 |     |    |
| Noncontrolling interests                                                                    |     |                   |      70 |     |             |      70 |     |    |
| Total equity                                                                                |     |                   |  16,445 |     |             |  16,445 |     |    |
| Total capitalization                                                                        |     | $                 |  28,166 |     | $           |  28,820 |     |    |

__________________

(1) Cash and cash equivalents include the net proceeds of the notes offered hereby in excess of the amount required to repay the 2025 Notes. We will hold the portion of the net proceeds that will be used for the repayment of the 2025 Notes in cash or invest them in short-term, interest-bearing obligations until the repayment of the 2025 Notes.

(2) Includes the 2025 Notes, which are classified as short-term debt because they mature in April 2025.

(3) As of February 28, 2025, we had approximately $1.1 billion of borrowings outstanding under our commercial paper program.

(4) The proceeds of the notes offered hereby are presented net of approximately $6.1 million of original issue discount and $13.1 million related to debt issuance costs.

(5) As of December 31, 2024, we had no borrowings outstanding under our Revolving Credit Facility or our 364-day Credit Facility and approximately $18 million of letters of credit outstanding under the Revolving Credit Facility. Accordingly, as of December 31, 2024, we had approximately $2.624 billion of remaining borrowing capacity under the Revolving Credit Facility and $2.1 billion of remaining borrowing capacity under the 364-day Credit Facility (which excludes an uncommitted $500 million of incremental loan facilities).

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### USE OF PROCEEDS
We estimate that our