Company: CI
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001739940-25-000009
Chunk: 81

Company: Cigna Group
Filing Date: 2025-02-27
Form: 10-K
Item: Item 3
Chunk 81
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1)(218)18 Net gain (loss) on sale of businesses24 (1,499)1,662 1,523 N/M(3,161)N/MNet investment losses(2,737)(78)(487)(2,659)N/M409 (84)Income before income taxes5,269 5,513 8,397 (244)(4)(2,884)(34)Total income taxes1,491 141 1,615 1,350 N/M(1,474)(91)Net income3,778 5,372 6,782 (1,594)(30)(1,410)(21)Less: Net income attributable to noncontrolling interests344 208 78 136 65 130 167 Shareholders' net income$3,434 $5,164 $6,704 $(1,730)(34)%$(1,540)(23)%Consolidated effective tax rate28.3 %2.6 %19.2 %2,570 bps(1,660) bpsMedical customers (in thousands)19,147 19,780 18,004 (633)(3)%1,776 10 %

39

Reconciliation of Shareholders' Net Income (GAAP) to Adjusted Income from OperationsFor the Years Ended December 31,202420232022(In millions)Pre-taxAfter-taxPre-taxAfter-taxPre-taxAfter-taxShareholders' net income$3,434 $5,164 $6,704 Adjustments to reconcile to adjusted income from operationsNet investment losses (1)$2,533 2,529 $135 114 $613 496 Amortization of acquired intangible assets1,703 1,347 1,819 1,413 1,876 1,345 Special itemsIntegration and transaction-related costs275 211 45 35 135 103 Impairment of dividend receivable 182 138 — — — — Deferred tax expenses (benefits), net— 84 — (1,071)— — Net (gain) loss on sale of businesses (24)(2)1,499 1,429 (1,662)(1,332)Charge for organizational efficiency plan— — 252 193 22 17 Charges (benefits) associated with