Company: HUM
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000049071-25-000007
Chunk: 117

Company: HUMANA INC
Filing Date: 2025-02-20
Form: 10-K
Item: Item 15
Chunk 117
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,466 Expenses:  Operating costs2,588 2,016 1,700   Depreciation728 656 581   Interest655 489 400      Total expenses3,971 3,161 2,681 Other income, net(115)(184)— Loss before income taxes and equity in net earnings of subsidiaries(758)(860)(1,215)Benefit for income taxes(91)(146)(266)Loss before equity in net earnings of subsidiaries(667)(714)(949)Equity in net earnings of subsidiaries1,874 3,203 3,755 Net income attributable to Humana$1,207 $2,489 $2,806 See accompanying notes to the parent company financial statements.

129

Humana Inc.

SCHEDULE I—PARENT COMPANY FINANCIAL INFORMATIONCONDENSED STATEMENTS OF COMPREHENSIVE INCOME For the year ended December 31, 202420232022 (in millions)Net income attributable to Humana$1,207 $2,489 $2,806 Other comprehensive (loss) income:Change in gross unrealized investment (losses) gains (62)372 (1,819)Effect of income taxes15 (85)418 Total change in unrealized investment    (losses) gains, net of tax(47)287 (1,401)Reclassification adjustment for net realized (gains) losses included in investment income (27)25 72 Effect of income taxes6 (7)(17)Total reclassification adjustment, net of tax(21)18 55 Other comprehensive (loss) income, net of tax(68)305 (1,346)Comprehensive income attributable to Humana$1,139 $2,794 $1,460 See accompanying notes to the parent company financial statements.

130

Humana Inc.

SCHEDULE I—PARENT COMPANY FINANCIAL INFORMATIONCONDENSED STATEMENTS OF CASH FLOWS For the year ended December 31, 202420232022 (in millions)Net cash provided by operating activities$3,454 $3,042 $4,868 Cash flows from investing activities:  Acquisitions, net of cash acquired(89)(233)(337)Capital contributions to operating subsidiaries(1,698)(792)(484)  Purchases of property and equipment, net(