UnitedHealth Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Investments	58,007	54,055	49,910	46,674	43,846
Cash & Equivalents	24,365	25,312	25,427	23,365	21,375
Other Receivables	23,018	48,454	38,970	30,450	28,082
Separate Account Assets	-	-	3,755	4,087	4,449
Property, Plant & Equipment	-	4,895	6,457	5,923	5,392
Goodwill	-	106,734	103,732	93,352	75,795
Other Intangible Assets	-	28,926	20,187	18,606	13,621
Other Current Assets	39,443	8,212	6,084	6,621	5,320
Other Long-Term Assets	164,748	21,690	19,198	16,627	14,326
Total Assets	309,581	298,278	273,720	245,705	212,206
Accounts Payable	-	34,337	31,958	27,715	24,643
Unpaid Claims	39,337	34,224	32,395	29,056	24,483
Unearned Premiums	-	3,317	3,355	3,075	2,571
Current Portion of Long-Term Debt	-	3,245	3,186	2,310	3,620
Current Portion of Leases	-	1,014	-	-	-
Short-Term Debt	6,069	1,300	1,088	800	-
Long-Term Debt	72,320	72,359	58,263	54,513	42,383
Long-Term Leases	-	3,875	-	-	-
Long-Term Deferred Tax Liabilities	-	3,620	3,021	2,769	3,265
Other Current Liabilities	69,491	26,332	27,072	26,281	22,975
Other Long-Term Liabilities	20,666	12,064	14,463	12,839	11,787
Total Liabilities	207,883	195,687	174,801	159,358	135,727
Common Stock	100,090	9	9	9	10
Retained Earnings	-	96,036	95,774	86,156	77,134
Comprehensive Income & Other	-	-3,387	-7,027	-8,393	-5,384
Total Common Equity	100,090	92,658	88,756	77,772	71,760
Minority Interest	1,608	9,933	10,163	8,575	4,719
Shareholders' Equity	101,698	102,591	98,919	86,347	76,479
Total Liabilities & Equity	309,581	298,278	273,720	245,705	212,206
Filing Date Shares Outstanding	910	914.71	921.93	932.85	940.9
Total Common Shares Outstanding	910	915	924	934	941
Total Debt	78,389	81,793	62,537	57,623	46,003
Net Cash (Debt)	-54,024	-56,481	-37,110	-34,258	-24,628
Net Cash Per Share	-59.30	-60.80	-39.56	-36.06	-25.76
Book Value Per Share	109.99	101.27	96.06	83.27	76.26
Tangible Book Value	100,090	-43,002	-35,163	-34,186	-17,656
Tangible Book Value Per Share	109.99	-47.00	-38.06	-36.60	-18.76
Land	-	364	712	697	502
Buildings	-	4,215	5,573	5,519	4,882
Machinery	-	3,961	4,382	4,206	3,865

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.