Company: ELV
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001156039-25-000010
Chunk: 144

Company: Elevance Health, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 144
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 equipment, net4,652 4,359 Goodwill28,277 25,317 Other intangible assets12,094 10,273 Other noncurrent assets2,140 1,967 Total assets$116,889 $108,928 Liabilities and equityLiabilitiesCurrent liabilities:Medical claims payable$15,746 $16,111 Other policyholder liabilities4,204 5,600 Unearned income1,508 1,402 Accounts payable and accrued expenses6,927 6,910 Short-term borrowings365 225 Current portion of long-term debt1,649 1,649 Other current liabilities10,029 9,894 Liabilities held for sale153 — Total current liabilities40,581 41,791 Long-term debt, less current portion29,218 23,246 Reserves for future policy benefits190 778 Deferred tax liabilities, net2,148 1,970 Other noncurrent liabilities3,326 1,738 Total liabilities75,463 69,523 Commitments and Contingencies—Note 14Shareholders’ equityPreferred 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 - 227,479,695 and 233,071,0882 2 Additional paid-in capital8,911 8,868 Retained earnings33,549 31,749 Accumulated other comprehensive loss (1,147)(1,313)Total shareholders’ equity41,315 39,306 Noncontrolling interests111 99 Total equity41,426 39,405 Total liabilities and equity$116,889 $108,928 

See accompanying notes.

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Elevance Health, Inc.

Consolidated Statements of Income

 Years Ended December 31(In millions, except per share data)202420232022RevenuesPremiums$144,166 $142,854 $133,229 Product revenue22,630 19,452 14,978 Service fees8,408 7,903 7,453 Total operating revenue175,204 170,209 155,660 Net investment income2,051 1,825 1,485 Net losses on