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10-Q Filing

CENTENE CORP CIK: 1071739 Q3 2020
Filing Information
Form Type 10-Q
Accession Number 0001071739-20-000226
Period End Date 20200930
Filing Date 20201027
Fiscal Year 2020
Fiscal Period Q3
XBRL Instance cnc-20200930_htm.xml
Balance Sheet 93 line items
Line Item Tag Value Unit Period
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.20B USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.12B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.21B USD Point-in-time
Premium and trade receivables PremiumsAndOtherReceivablesNet $11.67B USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 10.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 10.00M shares Point-in-time
Premium and trade receivables PremiumsAndOtherReceivablesNet $6.25B USD Point-in-time
Short-term investments ShortTermInvestments $1.50B USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Short-term investments ShortTermInvestments $863.00M USD Point-in-time
Other current assets OtherAssetsCurrent $1.09B USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Other current assets OtherAssetsCurrent $1.91B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Total current assets AssetsCurrent $27.27B USD Point-in-time
Total current assets AssetsCurrent $20.32B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Long-term investments LongTermInvestments $7.72B USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 800.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 800.00M shares Point-in-time
Long-term investments LongTermInvestments $9.86B USD Point-in-time
Restricted deposits OtherRestrictedAssetsNoncurrent $1.05B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 595.62M shares Point-in-time
Restricted deposits OtherRestrictedAssetsNoncurrent $658.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 421.51M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 415.05M shares Point-in-time
Property, software and equipment, net PropertyPlantAndEquipmentNet $2.12B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 579.73M shares Point-in-time
Property, software and equipment, net PropertyPlantAndEquipmentNet $2.67B USD Point-in-time
Goodwill Goodwill $17.96B USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 6.46M shares Point-in-time
Goodwill Goodwill $6.86B USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 15.90M shares Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $8.13B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $2.06B USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $1.25B USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $1.41B USD Point-in-time
Total assets Assets $68.36B USD Point-in-time
Total assets Assets $40.99B USD Point-in-time
Medical claims liability LiabilityForClaimsAndClaimsAdjustmentExpense $7.47B USD Point-in-time
Medical claims liability LiabilityForClaimsAndClaimsAdjustmentExpense $7.97B USD Point-in-time
Medical claims liability LiabilityForClaimsAndClaimsAdjustmentExpense $12.90B USD Point-in-time
Medical claims liability LiabilityForClaimsAndClaimsAdjustmentExpense $6.83B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $7.10B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $4.16B USD Point-in-time
Return of premium payable ReturnofPremiumPayable $824.00M USD Point-in-time
Return of premium payable ReturnofPremiumPayable $1.12B USD Point-in-time
Unearned revenue ContractWithCustomerLiabilityCurrent $383.00M USD Point-in-time
Unearned revenue ContractWithCustomerLiabilityCurrent $582.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $89.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $88.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $12.93B USD Point-in-time
Total current liabilities LiabilitiesCurrent $21.80B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $13.64B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $16.74B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $1.73B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $3.95B USD Point-in-time
Total liabilities Liabilities $28.30B USD Point-in-time
Total liabilities Liabilities $42.48B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $36.00M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $33.00M USD Point-in-time
Preferred stock, $0.001 par value; authorized 10,000 shares; no shares issued or outstanding at September 30, 2020 and December 31, 2019 PreferredStockValue - USD Point-in-time
Preferred stock, $0.001 par value; authorized 10,000 shares; no shares issued or outstanding at September 30, 2020 and December 31, 2019 PreferredStockValue - USD Point-in-time
Common stock, $0.001 par value; authorized 800,000 shares; 595,622 issued and 579,726 outstanding at September 30, 2020, and 421,508 issued and 415,048 outstanding at December 31, 2019 CommonStockValue - USD Point-in-time
Common stock, $0.001 par value; authorized 800,000 shares; 595,622 issued and 579,726 outstanding at September 30, 2020, and 421,508 issued and 415,048 outstanding at December 31, 2019 CommonStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $19.39B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $7.65B USD Point-in-time
Accumulated other comprehensive earnings AccumulatedOtherComprehensiveIncomeLossNetOfTax $134.00M USD Point-in-time
Accumulated other comprehensive earnings AccumulatedOtherComprehensiveIncomeLossNetOfTax $293.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $6.80B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $4.98B USD Point-in-time
Treasury stock, at cost (15,896 and 6,460 shares, respectively) TreasuryStockValue $214.00M USD Point-in-time
Treasury stock, at cost (15,896 and 6,460 shares, respectively) TreasuryStockValue $762.00M USD Point-in-time
Total Centene stockholders equity StockholdersEquity $25.73B USD Point-in-time
Total Centene stockholders equity StockholdersEquity $12.55B USD Point-in-time
Nonredeemable Noncontrolling interest MinorityInterest $108.00M USD Point-in-time
Nonredeemable Noncontrolling interest MinorityInterest $118.00M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.17B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $23.66B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.66B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.84B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.25B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.63B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.40B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.01B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and stockholders equity LiabilitiesAndStockholdersEquity $68.36B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and stockholders equity LiabilitiesAndStockholdersEquity $40.99B USD Point-in-time
Income Statement 97 line items
Line Item Tag Value Unit Period
Premium and service revenues RevenueFromContractWithCustomerExcludingAssessedTax $77.36B USD 3 Qtrs
Premium and service revenues RevenueFromContractWithCustomerExcludingAssessedTax $27.46B USD 1 Quarter
Premium and service revenues RevenueFromContractWithCustomerExcludingAssessedTax $18.21B USD 1 Quarter
Premium and service revenues RevenueFromContractWithCustomerExcludingAssessedTax $52.35B USD 3 Qtrs
Premium tax and health insurer fee PremiumTaxRevenue $3.42B USD 3 Qtrs
Premium tax and health insurer fee PremiumTaxRevenue $761.00M USD 1 Quarter
Premium tax and health insurer fee PremiumTaxRevenue $5.47B USD 3 Qtrs
Premium tax and health insurer fee PremiumTaxRevenue $1.63B USD 1 Quarter
Total revenues Revenues $82.83B USD 3 Qtrs
Total revenues Revenues $55.78B USD 3 Qtrs
Total revenues Revenues $29.09B USD 1 Quarter
Total revenues Revenues $18.98B USD 1 Quarter
Medical costs PolicyholderBenefitsAndClaimsIncurredHealthCare $15.41B USD 1 Quarter
Medical costs PolicyholderBenefitsAndClaimsIncurredHealthCare $43.64B USD 3 Qtrs
Medical costs PolicyholderBenefitsAndClaimsIncurredHealthCare $22.93B USD 1 Quarter
Medical costs PolicyholderBenefitsAndClaimsIncurredHealthCare $63.66B USD 3 Qtrs
Cost of services CostOfGoodsAndServicesSold $619.00M USD 1 Quarter
Cost of services CostOfGoodsAndServicesSold $1.78B USD 3 Qtrs
Cost of services CostOfGoodsAndServicesSold $861.00M USD 1 Quarter
Cost of services CostOfGoodsAndServicesSold $2.52B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $2.51B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $4.80B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $7.15B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.62B USD 1 Quarter
Amortization of acquired intangible assets AmortizationOfIntangibleAssets $65.00M USD 1 Quarter
Amortization of acquired intangible assets AmortizationOfIntangibleAssets $194.00M USD 3 Qtrs
Amortization of acquired intangible assets AmortizationOfIntangibleAssets $164.00M USD 1 Quarter
Amortization of acquired intangible assets AmortizationOfIntangibleAssets $527.00M USD 3 Qtrs
Premium tax expense PremiumTaxExpense $3.59B USD 3 Qtrs
Premium tax expense PremiumTaxExpense $1.39B USD 1 Quarter
Premium tax expense PremiumTaxExpense $822.00M USD 1 Quarter
Premium tax expense PremiumTaxExpense $4.74B USD 3 Qtrs
Health insurer fee expense HealthInsurerFeeExpense - USD 3 Qtrs
Health insurer fee expense HealthInsurerFeeExpense $1.10B USD 3 Qtrs
Health insurer fee expense HealthInsurerFeeExpense - USD 1 Quarter
Health insurer fee expense HealthInsurerFeeExpense $376.00M USD 1 Quarter
Impairment AssetImpairmentCharges $72.00M USD 3 Qtrs
Impairment AssetImpairmentCharges $271.00M USD 1 Quarter
Impairment AssetImpairmentCharges - USD 1 Quarter
Impairment AssetImpairmentCharges $271.00M USD 3 Qtrs
Total operating expenses CostsAndExpenses $79.76B USD 3 Qtrs
Total operating expenses CostsAndExpenses $18.80B USD 1 Quarter
Total operating expenses CostsAndExpenses $28.23B USD 1 Quarter
Total operating expenses CostsAndExpenses $54.27B USD 3 Qtrs
Earnings from operations OperatingIncomeLoss $3.07B USD 3 Qtrs
Earnings from operations OperatingIncomeLoss $861.00M USD 1 Quarter
Earnings from operations OperatingIncomeLoss $1.50B USD 3 Qtrs
Earnings from operations OperatingIncomeLoss $176.00M USD 1 Quarter
Investment and other income InvestmentIncomeNonoperating $317.00M USD 3 Qtrs
Investment and other income InvestmentIncomeNonoperating $95.00M USD 1 Quarter
Investment and other income InvestmentIncomeNonoperating $375.00M USD 3 Qtrs
Investment and other income InvestmentIncomeNonoperating $98.00M USD 1 Quarter
Debt extinguishment costs GainsLossesOnExtinguishmentOfDebt $-44.00M USD Point-in-time
Debt extinguishment costs GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Debt extinguishment costs GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Debt extinguishment costs GainsLossesOnExtinguishmentOfDebt $-44.00M USD 3 Qtrs
Debt extinguishment costs GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Interest expense InterestExpense $184.00M USD 1 Quarter
Interest expense InterestExpense $299.00M USD 3 Qtrs
Interest expense InterestExpense $99.00M USD 1 Quarter
Interest expense InterestExpense $551.00M USD 3 Qtrs
Earnings from operations, before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $772.00M USD 1 Quarter
Earnings from operations, before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $175.00M USD 1 Quarter
Earnings from operations, before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $2.85B USD 3 Qtrs
Earnings from operations, before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $1.52B USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $79.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $415.00M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $1.03B USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $207.00M USD 1 Quarter
Net earnings ProfitLoss $1.11B USD 3 Qtrs
Net earnings ProfitLoss $565.00M USD 1 Quarter
Net earnings ProfitLoss $1.81B USD 3 Qtrs
Net earnings ProfitLoss $96.00M USD 1 Quarter
Loss (earnings) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Loss (earnings) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-5.00M USD 3 Qtrs
Loss (earnings) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-7.00M USD 3 Qtrs
Loss (earnings) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-3.00M USD 1 Quarter
Net earnings attributable to Centene Corporation NetIncomeLoss $1.82B USD 3 Qtrs
Net earnings attributable to Centene Corporation NetIncomeLoss $95.00M USD 1 Quarter
Net earnings attributable to Centene Corporation NetIncomeLoss $1.11B USD 3 Qtrs
Net earnings attributable to Centene Corporation NetIncomeLoss $568.00M USD 1 Quarter
Basic earnings per common share (in dollars per share) EarningsPerShareBasic $3.21 USD 3 Qtrs
Basic earnings per common share (in dollars per share) EarningsPerShareBasic $0.23 USD 1 Quarter
Basic earnings per common share (in dollars per share) EarningsPerShareBasic $2.69 USD 3 Qtrs
Basic earnings per common share (in dollars per share) EarningsPerShareBasic $0.98 USD 1 Quarter
Diluted earnings per common share (in dollars per share) EarningsPerShareDiluted $0.97 USD 1 Quarter
Diluted earnings per common share (in dollars per share) EarningsPerShareDiluted $3.16 USD 3 Qtrs
Diluted earnings per common share (in dollars per share) EarningsPerShareDiluted $2.65 USD 3 Qtrs
Diluted earnings per common share (in dollars per share) EarningsPerShareDiluted $0.23 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 413.30M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 579.51M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 413.62M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 567.59M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 587.97M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 575.73M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 419.70M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 419.96M shares 1 Quarter
Cash Flow Statement 90 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $1.81B USD 3 Qtrs
Net earnings ProfitLoss $96.00M USD 1 Quarter
Net earnings ProfitLoss $1.11B USD 3 Qtrs
Net earnings ProfitLoss $565.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $916.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $475.00M USD 3 Qtrs
Stock compensation expense ShareBasedCompensation $218.00M USD 3 Qtrs
Stock compensation expense ShareBasedCompensation $106.00M USD 3 Qtrs
Impairment AssetImpairmentCharges $271.00M USD 1 Quarter
Impairment AssetImpairmentCharges $72.00M USD 3 Qtrs
Impairment AssetImpairmentCharges $271.00M USD 3 Qtrs
Impairment AssetImpairmentCharges - USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt $-44.00M USD Point-in-time
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt $-44.00M USD 3 Qtrs
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-154.00M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-75.00M USD 3 Qtrs
Gain on divestiture GainLossOnSaleOfBusiness $104.00M USD 3 Qtrs
Gain on divestiture GainLossOnSaleOfBusiness - USD 3 Qtrs
Premium and trade receivables IncreaseDecreaseInPremiumsReceivable $319.00M USD 3 Qtrs
Premium and trade receivables IncreaseDecreaseInPremiumsReceivable $1.64B USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $14.00M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-185.00M USD 3 Qtrs
Medical claims liabilities IncreaseDecreaseInHealthCareInsuranceLiabilities $1.09B USD 3 Qtrs
Medical claims liabilities IncreaseDecreaseInHealthCareInsuranceLiabilities $1.56B USD 3 Qtrs
Unearned revenue IncreaseDecreaseInContractWithCustomerLiability $-212.00M USD 3 Qtrs
Unearned revenue IncreaseDecreaseInContractWithCustomerLiability $-10.00M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-861.00M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-552.00M USD 3 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $663.00M USD 3 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $68.00M USD 3 Qtrs
Other operating activities, net OtherOperatingActivitiesCashFlowStatement $19.00M USD 3 Qtrs
Other operating activities, net OtherOperatingActivitiesCashFlowStatement $-14.00M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $2.52B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $2.13B USD 3 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $530.00M USD 3 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $663.00M USD 3 Qtrs
Purchases of investments PaymentsToAcquireInvestments $2.07B USD 3 Qtrs
Purchases of investments PaymentsToAcquireInvestments $2.91B USD 3 Qtrs
Sales and maturities of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $3.41B USD 3 Qtrs
Sales and maturities of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $1.25B USD 3 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $31.00M USD 3 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $3.00B USD 3 Qtrs
Divestiture proceeds, net of divested cash ProceedsFromDivestitureOfBusinessesNetOfCashDivested - USD 3 Qtrs
Divestiture proceeds, net of divested cash ProceedsFromDivestitureOfBusinessesNetOfCashDivested $466.00M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.39B USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.70B USD 3 Qtrs
Proceeds from long-term debt ProceedsFromIssuanceOfLongTermDebt $2.69B USD 3 Qtrs
Proceeds from long-term debt ProceedsFromIssuanceOfLongTermDebt $12.46B USD 3 Qtrs
Payments of long-term debt RepaymentsOfLongTermDebt $12.29B USD 3 Qtrs
Payments of long-term debt RepaymentsOfLongTermDebt $1.65B USD 3 Qtrs
Common stock repurchases PaymentsForRepurchaseOfCommonStock $570.00M USD 3 Qtrs
Common stock repurchases PaymentsForRepurchaseOfCommonStock $41.00M USD 3 Qtrs
Payments for debt extinguishment PaymentsOfDebtExtinguishmentCosts - USD 3 Qtrs
Payments for debt extinguishment PaymentsOfDebtExtinguishmentCosts $21.00M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $6.00M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $94.00M USD 3 Qtrs
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $12.00M USD 3 Qtrs
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $35.00M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $128.00M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $383.00M USD 3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.00M USD 3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.00M USD 3 Qtrs
Net increase in cash, cash equivalents and restricted cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $878.00M USD 3 Qtrs
Net increase in cash, cash equivalents and restricted cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $213.00M USD 3 Qtrs
Cash, cash equivalents, and restricted cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.23B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.34B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.35B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.13B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.23B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.34B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.35B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.13B USD Point-in-time
Interest paid InterestPaidNet $479.00M USD 3 Qtrs
Interest paid InterestPaidNet $213.00M USD 3 Qtrs
Income taxes paid IncomeTaxesPaidNet $920.00M USD 3 Qtrs
Income taxes paid IncomeTaxesPaidNet $511.00M USD 3 Qtrs
Equity issued in connection with acquisitions OtherSignificantNoncashTransactionValueOfConsiderationGiven1 $11.53B USD 3 Qtrs
Equity issued in connection with acquisitions OtherSignificantNoncashTransactionValueOfConsiderationGiven1 - USD 3 Qtrs
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.20B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.12B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.21B USD Point-in-time
Restricted cash and cash equivalents, included in restricted deposits RestrictedCashAndCashEquivalents $13.00M USD Point-in-time
Restricted cash and cash equivalents, included in restricted deposits RestrictedCashAndCashEquivalents $146.00M USD Point-in-time
Total cash, cash equivalents, and restricted cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.34B USD Point-in-time
Total cash, cash equivalents, and restricted cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.35B USD Point-in-time
Total cash, cash equivalents, and restricted cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.23B USD Point-in-time
Total cash, cash equivalents, and restricted cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.13B USD Point-in-time
Stockholders Equity 69 line items
Line Item Tag Value Unit Period
Par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Other comprehensive (loss) earnings, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $25.00M USD 1 Quarter
Other comprehensive (loss) earnings, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $30.00M USD 1 Quarter
Other comprehensive (loss) earnings, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $13.00M USD 1 Quarter
Other comprehensive (loss) earnings, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-40.00M USD 1 Quarter
Other comprehensive (loss) earnings, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $76.00M USD 1 Quarter
Other comprehensive (loss) earnings, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $11.00M USD 1 Quarter
Balance (in shares) CommonStockSharesOutstanding 579.73M shares Point-in-time
Balance (in shares) CommonStockSharesOutstanding 415.05M shares Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.01B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.63B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.25B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.40B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.66B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $23.66B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.17B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.84B USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 15.90M shares Point-in-time
Treasury stock (in shares) TreasuryStockShares 6.46M shares Point-in-time
Net earnings (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $520.00M USD 1 Quarter
Net earnings (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $1.20B USD 1 Quarter
Net earnings (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $95.00M USD 1 Quarter
Net earnings (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $495.00M USD 1 Quarter
Net earnings (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $43.00M USD 1 Quarter
Net earnings (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $562.00M USD 1 Quarter
Other comprehensive (loss) earnings, net of tax OtherComprehensiveIncomeLossNetOfTax $26.00M USD 1 Quarter
Other comprehensive (loss) earnings, net of tax OtherComprehensiveIncomeLossNetOfTax $159.00M USD 3 Qtrs
Other comprehensive (loss) earnings, net of tax OtherComprehensiveIncomeLossNetOfTax $-139.00M USD 1 Quarter
Other comprehensive (loss) earnings, net of tax OtherComprehensiveIncomeLossNetOfTax $250.00M USD 1 Quarter
Other comprehensive (loss) earnings, net of tax OtherComprehensiveIncomeLossNetOfTax $94.00M USD 1 Quarter
Other comprehensive (loss) earnings, net of tax OtherComprehensiveIncomeLossNetOfTax $201.00M USD 3 Qtrs
Other comprehensive (loss) earnings, net of tax OtherComprehensiveIncomeLossNetOfTax $48.00M USD 1 Quarter
Other comprehensive (loss) earnings, net of tax OtherComprehensiveIncomeLossNetOfTax $81.00M USD 1 Quarter
Common stock issued for acquisitions StockIssuedDuringPeriodValueAcquisitions $11.53B USD 1 Quarter
Common stock issued for employee benefit plans StockIssuedDuringPeriodValueShareBasedCompensation $7.00M USD 1 Quarter
Common stock issued for employee benefit plans StockIssuedDuringPeriodValueShareBasedCompensation $5.00M USD 1 Quarter
Common stock issued for employee benefit plans StockIssuedDuringPeriodValueShareBasedCompensation $6.00M USD 1 Quarter
Common stock issued for employee benefit plans StockIssuedDuringPeriodValueShareBasedCompensation $8.00M USD 1 Quarter
Common stock issued for employee benefit plans StockIssuedDuringPeriodValueShareBasedCompensation $4.00M USD 1 Quarter
Common stock issued for employee benefit plans StockIssuedDuringPeriodValueShareBasedCompensation $6.00M USD 1 Quarter
Common stock repurchases TreasuryStockValueAcquiredCostMethod $558.00M USD 1 Quarter
Common stock repurchases TreasuryStockValueAcquiredCostMethod $4.00M USD 1 Quarter
Common stock repurchases TreasuryStockValueAcquiredCostMethod $2.00M USD 1 Quarter
Common stock repurchases TreasuryStockValueAcquiredCostMethod $35.00M USD 1 Quarter
Common stock repurchases TreasuryStockValueAcquiredCostMethod $9.00M USD 1 Quarter
Common stock repurchases TreasuryStockValueAcquiredCostMethod $3.00M USD 1 Quarter
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $47.00M USD 1 Quarter
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $38.00M USD 1 Quarter
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $34.00M USD 1 Quarter
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $117.00M USD 1 Quarter
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $34.00M USD 1 Quarter
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $54.00M USD 1 Quarter
Contribution from noncontrolling interest NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $15.00M USD 1 Quarter
Contribution from noncontrolling interest NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $8.00M USD 1 Quarter
Contribution from noncontrolling interest NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $2.00M USD 1 Quarter
Other AdjustmentsToAdditionalPaidInCapitalOther $1.00M USD 1 Quarter
Balance (in shares) CommonStockSharesOutstanding 579.73M shares Point-in-time
Balance (in shares) CommonStockSharesOutstanding 415.05M shares Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.01B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.40B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.63B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.25B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.17B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.66B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $23.66B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.84B USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 15.90M shares Point-in-time
Treasury stock (in shares) TreasuryStockShares 6.46M shares Point-in-time
Comprehensive Income 40 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $1.81B USD 3 Qtrs
Net earnings ProfitLoss $96.00M USD 1 Quarter
Net earnings ProfitLoss $1.11B USD 3 Qtrs
Net earnings ProfitLoss $565.00M USD 1 Quarter
Reclassification adjustment, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $1.00M USD 1 Quarter
Reclassification adjustment, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $-1.00M USD 3 Qtrs
Reclassification adjustment, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax - USD 3 Qtrs
Reclassification adjustment, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax - USD 1 Quarter
Change in unrealized gain on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $152.00M USD 3 Qtrs
Change in unrealized gain on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $208.00M USD 3 Qtrs
Change in unrealized gain on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $38.00M USD 1 Quarter
Change in unrealized gain on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $34.00M USD 1 Quarter
Defined benefit pension plan net gain, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax - USD 3 Qtrs
Defined benefit pension plan net gain, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax - USD 1 Quarter
Defined benefit pension plan net gain, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $2.00M USD 3 Qtrs
Defined benefit pension plan net gain, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax - USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-7.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $4.00M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $10.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-7.00M USD 3 Qtrs
Other comprehensive earnings OtherComprehensiveIncomeLossNetOfTax $159.00M USD 3 Qtrs
Other comprehensive earnings OtherComprehensiveIncomeLossNetOfTax $-139.00M USD 1 Quarter
Other comprehensive earnings OtherComprehensiveIncomeLossNetOfTax $250.00M USD 1 Quarter
Other comprehensive earnings OtherComprehensiveIncomeLossNetOfTax $94.00M USD 1 Quarter
Other comprehensive earnings OtherComprehensiveIncomeLossNetOfTax $201.00M USD 3 Qtrs
Other comprehensive earnings OtherComprehensiveIncomeLossNetOfTax $48.00M USD 1 Quarter
Other comprehensive earnings OtherComprehensiveIncomeLossNetOfTax $26.00M USD 1 Quarter
Other comprehensive earnings OtherComprehensiveIncomeLossNetOfTax $81.00M USD 1 Quarter
Comprehensive earnings ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.31B USD 3 Qtrs
Comprehensive earnings ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $122.00M USD 1 Quarter
Comprehensive earnings ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.97B USD 3 Qtrs
Comprehensive earnings ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $613.00M USD 1 Quarter
Comprehensive loss (earnings) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-3.00M USD 1 Quarter
Comprehensive loss (earnings) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Comprehensive loss (earnings) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-7.00M USD 3 Qtrs
Comprehensive loss (earnings) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-5.00M USD 3 Qtrs
Comprehensive earnings attributable to Centene Corporation ComprehensiveIncomeNetOfTax $121.00M USD 1 Quarter
Comprehensive earnings attributable to Centene Corporation ComprehensiveIncomeNetOfTax $616.00M USD 1 Quarter
Comprehensive earnings attributable to Centene Corporation ComprehensiveIncomeNetOfTax $1.98B USD 3 Qtrs
Comprehensive earnings attributable to Centene Corporation ComprehensiveIncomeNetOfTax $1.31B USD 3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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