Centene Corporation (CNC)

Centene Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Total Investments	20,683	18,745	17,005	15,597	14,433	8,590
Cash & Equivalents	14,577	17,193	12,074	13,118	10,800	12,123
Reinsurance Recoverable	62	26	23	23	23	20
Other Receivables	18,390	15,659	13,381	12,311	9,759	6,289
Property, Plant & Equipment	2,042	2,415	4,986	6,957	4,085	2,782
Goodwill	17,558	17,558	18,812	19,771	18,652	6,863
Other Intangible Assets	5,582	6,101	6,911	7,824	8,388	2,063
Other Current Assets	1,388	5,419	2,329	1,506	1,231	1,028
Other Long-Term Assets	2,069	1,525	1,349	1,268	1,348	1,236
Total Assets	82,351	84,641	76,870	78,375	68,719	40,994
Accounts Payable	13,336	16,252	9,345	8,289	6,865	4,003
Insurance & Annuity Liabilities	1,959	1,462	1,634	2,328	1,458	824
Unpaid Claims	17,995	18,000	16,745	14,243	12,438	7,473
Unearned Premiums	658	715	478	434	523	383
Current Portion of Long-Term Debt	111	119	82	267	97	88
Current Portion of Leases	-	168	180	204	204	161
Long-Term Debt	17,493	17,699	17,685	18,078	16,529	13,527
Long-Term Leases	1	891	3,386	4,112	1,487	744
Long-Term Deferred Tax Liabilities	769	641	615	1,407	1,534	189
Other Current Liabilities	2	-	-	-	-	-
Other Long-Term Liabilities	2,618	2,738	2,483	1,991	1,622	910
Total Liabilities	54,942	58,685	52,633	51,353	42,757	28,302
Common Stock	1	1	1	1	1	-
Additional Paid-In Capital	20,522	20,304	20,060	19,672	19,459	7,647
Retained Earnings	15,065	12,043	9,341	8,139	6,792	4,984
Treasury Stock	-8,055	-5,856	-4,213	-1,094	-816	-214
Comprehensive Income & Other	-226	-652	-1,132	77	337	134
Total Common Equity	27,307	25,840	24,057	26,795	25,773	12,551
Minority Interest	102	116	180	227	189	141
Shareholders' Equity	27,409	25,956	24,237	27,022	25,962	12,692
Total Liabilities & Equity	82,351	84,641	76,870	78,375	68,719	40,994
Filing Date Shares Outstanding	504.87	534.86	551.26	582.87	581.59	586.77
Total Common Shares Outstanding	510.08	534.48	550.75	582.48	581.48	415.05
Total Debt	17,605	18,877	21,333	22,661	18,317	14,520
Net Cash (Debt)	-3,028	-1,684	-9,259	-9,543	-7,517	-2,397
Net Cash Per Share	-5.69	-3.09	-15.91	-16.16	-12.98	-5.70
Book Value Per Share	53.53	48.35	43.68	46.00	44.32	30.24
Tangible Book Value	4,167	2,181	-1,666	-800	-1,267	3,625
Tangible Book Value Per Share	8.17	4.08	-3.02	-1.37	-2.18	8.73
Land	-	156	178	248	238	202
Buildings	-	534	659	1,116	891	778
Machinery	-	846	970	1,370	1,125	835
Leasehold Improvements	-	252	467	732	532	390

Source: S&P Capital IQ. Insurance template. Financial Sources.