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10-Q Filing

CENTENE CORP CIK: 1071739 Q2 2023
Filing Information
Form Type 10-Q
Accession Number 0001071739-23-000183
Period End Date 20230630
Filing Date 20230728
Fiscal Year 2023
Fiscal Period Q2
XBRL Instance cnc-20230630_htm.xml
Balance Sheet 94 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.07B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $13.44B USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $17.17B USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Premium and trade receivables PremiumsAndOtherReceivablesNet $13.60B USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 10.00M shares Point-in-time
Premium and trade receivables PremiumsAndOtherReceivablesNet $13.27B USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 10.00M shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Short-term investments ShortTermInvestments $2.32B USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Short-term investments ShortTermInvestments $2.21B USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Other current assets OtherAssetsCurrent $2.46B USD Point-in-time
Other current assets OtherAssetsCurrent $1.88B USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Total current assets AssetsCurrent $30.13B USD Point-in-time
Total current assets AssetsCurrent $34.87B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Long-term investments LongTermInvestments $14.68B 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 $16.11B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 607.85M shares Point-in-time
Restricted deposits OtherRestrictedAssetsNoncurrent $1.22B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 614.74M shares Point-in-time
Restricted deposits OtherRestrictedAssetsNoncurrent $1.35B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 550.75M shares Point-in-time
Property, software and equipment, net PropertyPlantAndEquipmentNet $2.43B USD Point-in-time
Property, software and equipment, net PropertyPlantAndEquipmentNet $2.42B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 546.00M shares Point-in-time
Goodwill Goodwill $18.72B USD Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 57.09M shares Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 68.74M shares Point-in-time
Goodwill Goodwill $18.81B USD Point-in-time
Goodwill Goodwill $19.77B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $6.52B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $6.91B USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $2.87B USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $2.69B USD Point-in-time
Total assets Assets $82.85B USD Point-in-time
Total assets Assets $76.87B USD Point-in-time
Medical claims liability LiabilityForClaimsAndClaimsAdjustmentExpense $14.24B USD Point-in-time
Medical claims liability LiabilityForClaimsAndClaimsAdjustmentExpense $16.88B USD Point-in-time
Medical claims liability LiabilityForClaimsAndClaimsAdjustmentExpense $16.58B USD Point-in-time
Medical claims liability LiabilityForClaimsAndClaimsAdjustmentExpense $16.75B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $9.87B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $9.53B USD Point-in-time
Return of premium payable ReturnofPremiumPayable $2.07B USD Point-in-time
Return of premium payable ReturnofPremiumPayable $1.63B USD Point-in-time
Unearned revenue ContractWithCustomerLiabilityCurrent $478.00M USD Point-in-time
Unearned revenue ContractWithCustomerLiabilityCurrent $2.37B USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $82.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $110.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $28.46B USD Point-in-time
Total current liabilities LiabilitiesCurrent $31.31B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $17.94B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $17.90B USD Point-in-time
Deferred tax liability DeferredIncomeTaxLiabilitiesNet $495.00M USD Point-in-time
Deferred tax liability DeferredIncomeTaxLiabilitiesNet $615.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $7.37B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $5.62B USD Point-in-time
Total liabilities Liabilities $57.07B USD Point-in-time
Total liabilities Liabilities $52.63B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $56.00M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $19.00M USD Point-in-time
Preferred stock, $0.001 par value; authorized 10,000 shares; no shares issued or outstanding at June 30, 2023 and December 31, 2022 PreferredStockValue - USD Point-in-time
Preferred stock, $0.001 par value; authorized 10,000 shares; no shares issued or outstanding at June 30, 2023 and December 31, 2022 PreferredStockValue - USD Point-in-time
Common stock, $0.001 par value; authorized 800,000 shares; 614,743 issued and 546,003 outstanding at June 30, 2023, and 607,847 issued and 550,754 outstanding at December 31, 2022 CommonStockValue $1.00M USD Point-in-time
Common stock, $0.001 par value; authorized 800,000 shares; 614,743 issued and 546,003 outstanding at June 30, 2023, and 607,847 issued and 550,754 outstanding at December 31, 2022 CommonStockValue $1.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $20.06B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $20.18B USD Point-in-time
Accumulated other comprehensive (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.13B USD Point-in-time
Accumulated other comprehensive (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-998.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $9.34B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $11.53B USD Point-in-time
Treasury stock, at cost (68,740 and 57,093 shares, respectively) TreasuryStockCommonValue $4.21B USD Point-in-time
Treasury stock, at cost (68,740 and 57,093 shares, respectively) TreasuryStockCommonValue $5.04B USD Point-in-time
Total Centene stockholders' equity StockholdersEquity $25.67B USD Point-in-time
Total Centene stockholders' equity StockholdersEquity $24.06B USD Point-in-time
Nonredeemable noncontrolling interest MinorityInterest $124.00M USD Point-in-time
Nonredeemable noncontrolling interest MinorityInterest $97.00M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $27.31B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $24.18B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.94B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.77B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.17B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.43B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and stockholders' equity LiabilitiesAndStockholdersEquity $82.85B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and stockholders' equity LiabilitiesAndStockholdersEquity $76.87B USD Point-in-time
Income Statement 96 line items
Line Item Tag Value Unit Period
Premium and service revenues RevenueFromContractWithCustomerExcludingAssessedTax $68.20B USD 2 Qtrs
Premium and service revenues RevenueFromContractWithCustomerExcludingAssessedTax $34.84B USD 1 Quarter
Premium and service revenues RevenueFromContractWithCustomerExcludingAssessedTax $69.79B USD 2 Qtrs
Premium and service revenues RevenueFromContractWithCustomerExcludingAssessedTax $33.97B USD 1 Quarter
Premium tax PremiumTaxRevenue $4.92B USD 2 Qtrs
Premium tax PremiumTaxRevenue $6.71B USD 2 Qtrs
Premium tax PremiumTaxRevenue $2.77B USD 1 Quarter
Premium tax PremiumTaxRevenue $1.97B USD 1 Quarter
Total revenues Revenues $35.94B USD 1 Quarter
Total revenues Revenues $73.12B USD 2 Qtrs
Total revenues Revenues $76.50B USD 2 Qtrs
Total revenues Revenues $37.61B USD 1 Quarter
Medical costs PolicyholderBenefitsAndClaimsIncurredHealthCare $58.78B USD 2 Qtrs
Medical costs PolicyholderBenefitsAndClaimsIncurredHealthCare $55.15B USD 2 Qtrs
Medical costs PolicyholderBenefitsAndClaimsIncurredHealthCare $29.35B USD 1 Quarter
Medical costs PolicyholderBenefitsAndClaimsIncurredHealthCare $27.31B USD 1 Quarter
Cost of services CostOfGoodsAndServicesSold $1.75B USD 2 Qtrs
Cost of services CostOfGoodsAndServicesSold $877.00M USD 1 Quarter
Cost of services CostOfGoodsAndServicesSold $4.09B USD 2 Qtrs
Cost of services CostOfGoodsAndServicesSold $2.10B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $5.54B USD 2 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $2.80B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $3.02B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $6.03B USD 2 Qtrs
Depreciation expense Depreciation $288.00M USD 2 Qtrs
Depreciation expense Depreciation $146.00M USD 1 Quarter
Depreciation expense Depreciation $164.00M USD 1 Quarter
Depreciation expense Depreciation $320.00M USD 2 Qtrs
Amortization of acquired intangible assets AmortizationOfIntangibleAssets $179.00M USD 1 Quarter
Amortization of acquired intangible assets AmortizationOfIntangibleAssets $199.00M USD 1 Quarter
Amortization of acquired intangible assets AmortizationOfIntangibleAssets $362.00M USD 2 Qtrs
Amortization of acquired intangible assets AmortizationOfIntangibleAssets $398.00M USD 2 Qtrs
Premium tax expense PremiumTaxExpense $2.85B USD 1 Quarter
Premium tax expense PremiumTaxExpense $5.05B USD 2 Qtrs
Premium tax expense PremiumTaxExpense $6.87B USD 2 Qtrs
Premium tax expense PremiumTaxExpense $2.04B USD 1 Quarter
Impairment AssetImpairmentCharges $18.00M USD 1 Quarter
Impairment AssetImpairmentCharges $1.45B USD 1 Quarter
Impairment AssetImpairmentCharges $38.00M USD 2 Qtrs
Impairment AssetImpairmentCharges $1.45B USD 2 Qtrs
Total operating expenses CostsAndExpenses $36.44B USD 1 Quarter
Total operating expenses CostsAndExpenses $36.06B USD 1 Quarter
Total operating expenses CostsAndExpenses $72.00B USD 2 Qtrs
Total operating expenses CostsAndExpenses $74.11B USD 2 Qtrs
Earnings (loss) from operations OperatingIncomeLoss $1.17B USD 1 Quarter
Earnings (loss) from operations OperatingIncomeLoss $2.39B USD 2 Qtrs
Earnings (loss) from operations OperatingIncomeLoss $-129.00M USD 1 Quarter
Earnings (loss) from operations OperatingIncomeLoss $1.12B USD 2 Qtrs
Investment and other income InvestmentIncomeNonoperating $42.00M USD 1 Quarter
Investment and other income InvestmentIncomeNonoperating $94.00M USD 2 Qtrs
Investment and other income InvestmentIncomeNonoperating $425.00M USD 1 Quarter
Investment and other income InvestmentIncomeNonoperating $778.00M USD 2 Qtrs
Debt extinguishment GainLossOnExtinguishmentOfDebtIncludingCashPortion - USD 2 Qtrs
Debt extinguishment GainLossOnExtinguishmentOfDebtIncludingCashPortion - USD 1 Quarter
Debt extinguishment GainLossOnExtinguishmentOfDebtIncludingCashPortion $16.00M USD 2 Qtrs
Debt extinguishment GainLossOnExtinguishmentOfDebtIncludingCashPortion $13.00M USD 1 Quarter
Interest expense InterestExpense $162.00M USD 1 Quarter
Interest expense InterestExpense $322.00M USD 2 Qtrs
Interest expense InterestExpense $361.00M USD 2 Qtrs
Interest expense InterestExpense $181.00M USD 1 Quarter
Earnings (loss) before income tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-236.00M USD 1 Quarter
Earnings (loss) before income tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $912.00M USD 2 Qtrs
Earnings (loss) before income tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.81B USD 2 Qtrs
Earnings (loss) before income tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.42B USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $-65.00M USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $360.00M USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $621.00M USD 2 Qtrs
Income tax expense (benefit) IncomeTaxExpenseBenefit $231.00M USD 2 Qtrs
Net earnings (loss) ProfitLoss $-171.00M USD 1 Quarter
Net earnings (loss) ProfitLoss $2.19B USD 2 Qtrs
Net earnings (loss) ProfitLoss $1.05B USD 1 Quarter
Net earnings (loss) ProfitLoss $681.00M USD 2 Qtrs
(Earnings) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD 2 Qtrs
(Earnings) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-3.00M USD 2 Qtrs
(Earnings) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
(Earnings) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-3.00M USD 1 Quarter
Net earnings (loss) attributable to Centene Corporation NetIncomeLoss $1.06B USD 1 Quarter
Net earnings (loss) attributable to Centene Corporation NetIncomeLoss $2.19B USD 2 Qtrs
Net earnings (loss) attributable to Centene Corporation NetIncomeLoss $677.00M USD 2 Qtrs
Net earnings (loss) attributable to Centene Corporation NetIncomeLoss $-172.00M USD 1 Quarter
Basic earnings (loss) per common share (in dollars per share) EarningsPerShareBasic $1.16 USD 2 Qtrs
Basic earnings (loss) per common share (in dollars per share) EarningsPerShareBasic $-0.29 USD 1 Quarter
Basic earnings (loss) per common share (in dollars per share) EarningsPerShareBasic $1.93 USD 1 Quarter
Basic earnings (loss) per common share (in dollars per share) EarningsPerShareBasic $3.98 USD 2 Qtrs
Diluted earnings (loss) per common share (in dollars per share) EarningsPerShareDiluted $1.92 USD 1 Quarter
Diluted earnings (loss) per common share (in dollars per share) EarningsPerShareDiluted $1.15 USD 2 Qtrs
Diluted earnings (loss) per common share (in dollars per share) EarningsPerShareDiluted $3.96 USD 2 Qtrs
Diluted earnings (loss) per common share (in dollars per share) EarningsPerShareDiluted $-0.29 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 583.64M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 583.43M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 548.93M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 549.85M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 550.31M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 583.64M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 552.00M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 590.23M shares 2 Qtrs
Cash Flow Statement 91 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $1.05B USD 1 Quarter
Net earnings ProfitLoss $681.00M USD 2 Qtrs
Net earnings ProfitLoss $2.19B USD 2 Qtrs
Net earnings ProfitLoss $-171.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $718.00M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $650.00M USD 2 Qtrs
Stock compensation expense ShareBasedCompensation $117.00M USD 2 Qtrs
Stock compensation expense ShareBasedCompensation $129.00M USD 2 Qtrs
Impairment AssetImpairmentCharges $18.00M USD 1 Quarter
Impairment AssetImpairmentCharges $1.45B USD 2 Qtrs
Impairment AssetImpairmentCharges $38.00M USD 2 Qtrs
Impairment AssetImpairmentCharges $1.45B USD 1 Quarter
(Gain) loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt $16.00M USD 2 Qtrs
(Gain) loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 2 Qtrs
(Gain) on acquisition BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain - USD 2 Qtrs
(Gain) on acquisition BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain $2.00M USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-417.00M USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-160.00M USD 2 Qtrs
(Gain) on divestiture GainLossOnSaleOfBusiness $172.00M USD 2 Qtrs
(Gain) on divestiture GainLossOnSaleOfBusiness - USD 2 Qtrs
Other adjustments, net OtherNoncashIncomeExpense $-68.00M USD 2 Qtrs
Other adjustments, net OtherNoncashIncomeExpense $-162.00M USD 2 Qtrs
Premium and trade receivables IncreaseDecreaseInPremiumsReceivable $1.29B USD 2 Qtrs
Premium and trade receivables IncreaseDecreaseInPremiumsReceivable $319.00M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $325.00M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $245.00M USD 2 Qtrs
Medical claims liabilities IncreaseDecreaseInHealthCareInsuranceLiabilities $139.00M USD 2 Qtrs
Medical claims liabilities IncreaseDecreaseInHealthCareInsuranceLiabilities $2.09B USD 2 Qtrs
Unearned revenue IncreaseDecreaseInContractWithCustomerLiability $75.00M USD 2 Qtrs
Unearned revenue IncreaseDecreaseInContractWithCustomerLiability $1.90B USD 2 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $41.00M USD 2 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $618.00M USD 2 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $1.06B USD 2 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $2.08B USD 2 Qtrs
Other operating activities, net OtherOperatingActivitiesCashFlowStatement - USD 2 Qtrs
Other operating activities, net OtherOperatingActivitiesCashFlowStatement $70.00M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $6.82B USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $4.50B USD 2 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $440.00M USD 2 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $524.00M USD 2 Qtrs
Purchases of investments PaymentsToAcquireInvestments $3.20B USD 2 Qtrs
Purchases of investments PaymentsToAcquireInvestments $3.11B USD 2 Qtrs
Sales and maturities of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $2.00B USD 2 Qtrs
Sales and maturities of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $2.29B USD 2 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $1.51B USD 2 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 2 Qtrs
Divestiture proceeds, net of divested cash ProceedsFromDivestitureOfBusinessesNetOfCashDivested $669.00M USD 2 Qtrs
Divestiture proceeds, net of divested cash ProceedsFromDivestitureOfBusinessesNetOfCashDivested - USD 2 Qtrs
Net cash (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-677.00M USD 2 Qtrs
Net cash (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-3.15B USD 2 Qtrs
Proceeds from long-term debt ProceedsFromIssuanceOfLongTermDebt $331.00M USD 2 Qtrs
Proceeds from long-term debt ProceedsFromIssuanceOfLongTermDebt $1.28B USD 2 Qtrs
Payments and repurchases of long-term debt RepaymentsOfLongTermDebt $1.32B USD 2 Qtrs
Payments and repurchases of long-term debt RepaymentsOfLongTermDebt $900.00M USD 2 Qtrs
Common stock repurchases PaymentsForRepurchaseOfCommonStock $420.00M USD 2 Qtrs
Common stock repurchases PaymentsForRepurchaseOfCommonStock $828.00M USD 2 Qtrs
Proceeds from common stock issuances ProceedsFromIssuanceOfCommonStock $21.00M USD 2 Qtrs
Proceeds from common stock issuances ProceedsFromIssuanceOfCommonStock $38.00M USD 2 Qtrs
Payments for debt extinguishment PaymentsOfDebtExtinguishmentCosts $27.00M USD 2 Qtrs
Payments for debt extinguishment PaymentsOfDebtExtinguishmentCosts - USD 2 Qtrs
Purchase of noncontrolling interest PaymentsToMinorityShareholders - USD 2 Qtrs
Purchase of noncontrolling interest PaymentsToMinorityShareholders $85.00M USD 2 Qtrs
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-6.00M USD 2 Qtrs
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities - USD 2 Qtrs
Net cash (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-933.00M USD 2 Qtrs
Net cash (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-984.00M USD 2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-9.00M USD 2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-7.00M USD 2 Qtrs
Net increase in cash, cash equivalents, and restricted cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $367.00M USD 2 Qtrs
Net increase in cash, cash equivalents, and restricted cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $5.20B USD 2 Qtrs
Cash, cash equivalents, and restricted cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $13.58B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $13.21B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.53B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.33B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.53B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.33B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $13.58B USD Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $13.21B USD Point-in-time
Interest paid InterestPaidNet $327.00M USD 2 Qtrs
Interest paid InterestPaidNet $348.00M USD 2 Qtrs
Income taxes paid IncomeTaxesPaidNet $592.00M USD 2 Qtrs
Income taxes paid IncomeTaxesPaidNet $411.00M USD 2 Qtrs
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.07B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $13.44B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $17.17B USD Point-in-time
Restricted cash and cash equivalents, included in restricted deposits RestrictedCashAndCashEquivalents $146.00M USD Point-in-time
Restricted cash and cash equivalents, included in restricted deposits RestrictedCashAndCashEquivalents $358.00M USD Point-in-time
Total cash, cash equivalents, and restricted cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $13.21B USD Point-in-time
Total cash, cash equivalents, and restricted cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.53B USD Point-in-time
Total cash, cash equivalents, and restricted cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $13.58B USD Point-in-time
Total cash, cash equivalents, and restricted cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.33B USD Point-in-time
Stockholders Equity 53 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 earning (loss), tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $27.00M USD 2 Qtrs
Other comprehensive earning (loss), tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-34.00M USD 1 Quarter
Other comprehensive earning (loss), tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $61.00M USD 1 Quarter
Other comprehensive earning (loss), tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-171.00M USD 1 Quarter
Other comprehensive earning (loss), tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-277.00M USD 2 Qtrs
Other comprehensive earning (loss), tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-106.00M USD 1 Quarter
Balance (in shares) CommonStockSharesOutstanding 550.75M shares Point-in-time
Balance (in shares) CommonStockSharesOutstanding 546.00M shares Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 57.09M shares Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 68.74M shares Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $27.31B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $24.18B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.94B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.77B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.17B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.43B USD Point-in-time
Net earnings (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $848.00M USD 1 Quarter
Net earnings (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $1.05B USD 1 Quarter
Net earnings (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $1.13B USD 1 Quarter
Net earnings (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-175.00M USD 1 Quarter
Other comprehensive earnings (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-83.00M USD 1 Quarter
Other comprehensive earnings (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-562.00M USD 1 Quarter
Other comprehensive earnings (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-428.00M USD 1 Quarter
Other comprehensive earnings (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $134.00M USD 2 Qtrs
Other comprehensive earnings (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-990.00M USD 2 Qtrs
Other comprehensive earnings (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $217.00M USD 1 Quarter
Common stock issued for employee benefit plans StockIssuedDuringPeriodValueShareBasedCompensation $28.00M USD 1 Quarter
Common stock issued for employee benefit plans StockIssuedDuringPeriodValueShareBasedCompensation $12.00M USD 1 Quarter
Common stock issued for employee benefit plans StockIssuedDuringPeriodValueShareBasedCompensation $10.00M USD 1 Quarter
Common stock issued for employee benefit plans StockIssuedDuringPeriodValueShareBasedCompensation $9.00M USD 1 Quarter
Fair value of unvested equity awards in connection with acquisition SharesIssuedValueAcquisitionsShareBasedPaymentArrangementAfterForfeiture $60.00M USD 1 Quarter
Common stock repurchases TreasuryStockValueAcquiredCostMethod $71.00M USD 1 Quarter
Common stock repurchases TreasuryStockValueAcquiredCostMethod $423.00M USD 1 Quarter
Common stock repurchases TreasuryStockValueAcquiredCostMethod $408.00M USD 1 Quarter
Common stock repurchases TreasuryStockValueAcquiredCostMethod $349.00M USD 1 Quarter
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $56.00M USD 1 Quarter
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $59.00M USD 1 Quarter
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $61.00M USD 1 Quarter
Stock compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $70.00M USD 1 Quarter
Purchase of redeemable and non-redeemable noncontrolling interest MinorityInterestDecreaseFromRedemptions $27.00M USD 1 Quarter
Purchase of redeemable and non-redeemable noncontrolling interest MinorityInterestDecreaseFromRedemptions $12.00M USD 1 Quarter
Balance (in shares) CommonStockSharesOutstanding 550.75M shares Point-in-time
Balance (in shares) CommonStockSharesOutstanding 546.00M shares Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 68.74M shares Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 57.09M shares Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.17B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $27.31B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $24.18B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.94B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.77B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.43B USD Point-in-time
Comprehensive Income 44 line items
Line Item Tag Value Unit Period
Net earnings (loss) ProfitLoss $1.05B USD 1 Quarter
Net earnings (loss) ProfitLoss $681.00M USD 2 Qtrs
Net earnings (loss) ProfitLoss $2.19B USD 2 Qtrs
Net earnings (loss) ProfitLoss $-171.00M USD 1 Quarter
Change in unrealized gain (loss) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-446.00M USD 1 Quarter
Change in unrealized gain (loss) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-142.00M USD 1 Quarter
Change in unrealized gain (loss) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-1.16B USD 2 Qtrs
Change in unrealized gain (loss) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $111.00M USD 2 Qtrs
Change in unrealized gain (loss) on investments, tax effect OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-106.00M USD 1 Quarter
Change in unrealized gain (loss) on investments, tax effect OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-277.00M USD 2 Qtrs
Change in unrealized gain (loss) on investments, tax effect OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-171.00M USD 1 Quarter
Change in unrealized gain (loss) on investments, tax effect OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-34.00M USD 1 Quarter
Change in unrealized gain (loss) on investments, tax effect OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $27.00M USD 2 Qtrs
Change in unrealized gain (loss) on investments, tax effect OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $61.00M USD 1 Quarter
Change in unrealized gain (loss) on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-340.00M USD 1 Quarter
Change in unrealized gain (loss) on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $84.00M USD 2 Qtrs
Change in unrealized gain (loss) on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-108.00M USD 1 Quarter
Change in unrealized gain (loss) on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-884.00M USD 2 Qtrs
Reclassification adjustment, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $-7.00M USD 1 Quarter
Reclassification adjustment, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $-4.00M USD 2 Qtrs
Reclassification adjustment, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $-9.00M USD 2 Qtrs
Reclassification adjustment, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $-2.00M USD 1 Quarter
Foreign currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-95.00M USD 1 Quarter
Foreign currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-115.00M USD 2 Qtrs
Foreign currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $46.00M USD 2 Qtrs
Foreign currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $23.00M USD 1 Quarter
Other comprehensive earnings (loss) OtherComprehensiveIncomeLossNetOfTax $-428.00M USD 1 Quarter
Other comprehensive earnings (loss) OtherComprehensiveIncomeLossNetOfTax $-562.00M USD 1 Quarter
Other comprehensive earnings (loss) OtherComprehensiveIncomeLossNetOfTax $-83.00M USD 1 Quarter
Other comprehensive earnings (loss) OtherComprehensiveIncomeLossNetOfTax $134.00M USD 2 Qtrs
Other comprehensive earnings (loss) OtherComprehensiveIncomeLossNetOfTax $-990.00M USD 2 Qtrs
Other comprehensive earnings (loss) OtherComprehensiveIncomeLossNetOfTax $217.00M USD 1 Quarter
Comprehensive earnings (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $972.00M USD 1 Quarter
Comprehensive earnings (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.32B USD 2 Qtrs
Comprehensive earnings (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-599.00M USD 1 Quarter
Comprehensive earnings (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-309.00M USD 2 Qtrs
Comprehensive (earnings) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-3.00M USD 2 Qtrs
Comprehensive (earnings) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-3.00M USD 1 Quarter
Comprehensive (earnings) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.00M USD 2 Qtrs
Comprehensive (earnings) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Comprehensive earnings (loss) attributable to Centene Corporation ComprehensiveIncomeNetOfTax $2.32B USD 2 Qtrs
Comprehensive earnings (loss) attributable to Centene Corporation ComprehensiveIncomeNetOfTax $975.00M USD 1 Quarter
Comprehensive earnings (loss) attributable to Centene Corporation ComprehensiveIncomeNetOfTax $-600.00M USD 1 Quarter
Comprehensive earnings (loss) attributable to Centene Corporation ComprehensiveIncomeNetOfTax $-313.00M USD 2 Qtrs

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

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