Company: CI
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001739940-25-000021
Chunk: 113

Company: Cigna Group
Filing Date: 2025-05-02
Form: 10-Q
Item: Part II, Item 3
Chunk 113
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 Income, as well as the Company's share of certain investment results of its joint ventures reported in the Cigna Healthcare segment using the equity method of accounting, which are presented within Fees and other revenues in our Consolidated Statements of Income.

(3) Represents amortization of a foreign tax attribute. See Note 20 to the Consolidated Financial Statements in our 2024 Form 10-K for additional details.

(4) For the three months ended March 31, 2024, due to the adjusted income from operations, the number of weighted average shares used to calculate Adjusted income from operations per share reflects the dilution caused by outstanding stock options, unvested restricted stock grants and units, and strategic performance shares. Weighted average common shares outstanding used to calculate Adjusted income from operations per share for the three months ended March 31, 2024 were 289,717 thousand.

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Financial highlights by segmentThree Months Ended March 31,(Dollars in millions, except per share amounts)20252024ChangeRevenuesAdjusted revenues by segmentEvernorth Health Services$53,681 $46,226 16 %Cigna Healthcare14,482 13,277 9 Other Operations175 166 5 Corporate, net of eliminations(2,886)(2,422)19 Adjusted revenues65,452 57,247 14 Net investment results from certain equity method investments50 8 N/MTotal revenues$65,502 $57,255 14 %Shareholders' net income (loss)$1,323 $(277)N/M%Adjusted income from operations$1,840 $1,875 (2)%Earnings per share (diluted)Shareholders' net income (loss)$4.85 $(0.97)N/M%Adjusted income from operations$6.74 $6.47 4 %Pre-tax adjusted income (loss) from operations by segmentEvernorth Health Services$1,434 $1,360 5 %Cigna Healthcare1,287 1,340 (4)Other Operations— 18 N/MCorporate, net of eliminations(411)(409)— Consolidated pre-tax adjusted income from operations2,310 2,309 — Income attributable to noncontrolling interests102 77 32 Net investment income (losses) (1)48 (1,828)N/MAmortization of acquired int