Company: CI
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001739940-25-000021
Chunk: 160

Company: Cigna Group
Filing Date: 2025-05-02
Form: 10-Q
Item: Part II, Item 4
Chunk 160
---
 (Gain) loss on sale of businesses (41)(115)19 (43)Total special items$390 229 $56 3 Adjusted income from operations$1,840 $1,875 

(1)Includes Net investment gains/losses as presented in our Consolidated Statements of 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.

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

Reconciliation of Shareholders' Net Income (Loss) (GAAP) to Adjusted Income from OperationsThree Months Ended March 31,20252024(Diluted earnings per share)Pre-taxAfter-taxPre-taxAfter-taxShareholders' net income (loss) (1)$4.85 $(0.97)Adjustments to reconcile to adjusted income from operationsNet investment (gains) losses (2)$(0.18)(0.18)$6.31 6.31 Amortization of acquired intangible assets1.54 1.23 1.46 1.10 Special itemsIntegration and transaction-related costs0.79 0.60 0.12 0.10 Strategic optimization program0.79 0.60 — — Deferred tax expenses, net (3)— 0.06 — 0.06 (Gain) loss on sale of businesses (0.15)(0.42)0.07 (0.15)Total special items$1.43 0.84 $0.19 0.01 Adjusted income from operations (4)$6.74 $6.47 

(1) For the three months ended March 31, 2024, due to the anti-dilutive effect resulting from the Shareholders' net loss for the period, the impact of potentially dilutive securities has been excluded from the calculation of weighted average shares for the calculation of diluted Shareholders’ net loss per share. Weighted average common shares outstanding used to calculate diluted Shareholders’ net loss per share for the three months ended March 31, 2024 were 286,465 thousand.

(2) Includes Net investment gains/losses as presented in