Company: CI
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001739940-25-000028
Chunk: 18

Company: Cigna Group
Filing Date: 2025-07-31
Form: 10-Q
Item: Part II, Item 4
Chunk 18
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2025December 31,2024Unobservable InputJune 30, 2025June 30,2025December 31,2024Debt securitiesCorporate$319 $373 Liquidity60 - 2020 (360)bps60 - 1520 (370)bpsMortgage and other asset-backed securities40 43 Liquidity110 - 660 (370) bps100 - 550 (280)bpsOther debt securities1 1 Total Level 3 debt securities$360 $417 

Changes in Level 3 Financial Assets and Financial Liabilities Carried at Fair ValueThe following table summarizes the changes in financial assets and financial liabilities classified in Level 3. Gains and losses reported in the table may include net changes in fair value that are attributable to both observable and unobservable inputs.Three Months EndedJune 30,Six Months EndedJune 30,(In millions)2025202420252024Debt and Equity SecuritiesBeginning balance$373 $422 $417 $447 Losses included in Shareholders' net income(4)(40)(14)(61)Gains (losses) included in Other comprehensive loss3 (2)10 (5)Purchases, sales and settlementsPurchases25 11 27 11 Sales(2)— (2)— Settlements(49)(1)(80)(15)Total purchases, sales and settlements(26)10 (55)(4)Transfers into / (out of) Level 3Transfers into Level 331 15 49 31 Transfers out of Level 3(15)(8)(45)(11)Total transfers into / (out of) Level 316 7 4 20 Ending balance$362 $397 $362 $397 Total losses included in Shareholders' net income attributable to instruments held at the reporting date$(4)$(41)$(17)$(61)Change in unrealized gain or (loss) included in Other comprehensive loss for assets held at the end of the reporting period$4 $(2)$7 $(6)Total gains and losses included in Shareholders' net income in the tables above are reflected in the Consolidated Statements of Income as Net investment gains (losses) and Net investment income. Gains and losses included in Other comprehensive loss, net of tax, in the 

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tables above are reflected in Net unrealized appreciation on securities and derivatives