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Schedule I (Notes)
 12 Months Ended
Dec. 31, 2021
Condensed Statement of Income Captions [Line Items]  
Condensed Financial Information of Parent Company Only Disclosure [Text Block]
Schedule I
Condensed Financial Information of Registrant
(Parent Company Only)
UnitedHealth Group
Condensed Balance Sheets
 
(in millions, except per share data)December 31,
2021		December 31,
2020
Assets  
Current assets:  
Cash and cash equivalents$2,167 $258 
Other current assets503 562 
Total current assets2,670 820 
Equity in net assets of subsidiaries116,907 107,714 
Long-term notes receivable from subsidiaries5,680 5,021 
Other assets32 342 
Total assets$125,289 $113,897 
Liabilities and shareholders’ equity
Current liabilities:
Accounts payable and accrued liabilities
$605 $589 
Current portion of notes payable to subsidiaries
8,105 4,882 
Short-term borrowings and current maturities of long-term debt3,009 4,465 
Total current liabilities11,719 9,936 
Long-term debt, less current maturities41,623 37,815 
Other liabilities187 655 
Total liabilities53,529 48,406 
Commitments and contingencies (Note 4)
Shareholders’ equity:
Preferred stock, $0.001 par value -10 shares authorized; no shares issued or outstanding
— — 
Common stock, $0.01 par value - 3,000 shares authorized; 941 and 946 issued and outstanding
10 10 
Additional paid-in capital— — 
Retained earnings77,134 69,295 
Accumulated other comprehensive loss(5,384)(3,814)
Total UnitedHealth Group shareholders’ equity71,760 65,491 
Total liabilities and shareholders’ equity$125,289 $113,897 
Schedule I
Condensed Financial Information of Registrant
(Parent Company Only)
UnitedHealth Group
Condensed Statements of Comprehensive Income
 
 For the Years Ended December 31,
(in millions)202120202019
Revenues: 
Investment and other income$494 $194 $209 
Total revenues494 194 209 
Operating costs:
Operating costs
40 27 38 
Interest expense
1,583 1,594 1,580 
Total operating costs1,623 1,621 1,618 
Loss before income taxes(1,129)(1,427)(1,409)
Benefit for income taxes231 300 293 
Loss of parent company(898)(1,127)(1,116)
Equity in undistributed income of subsidiaries18,183 16,530 14,955 
Net earnings17,285 15,403 13,839 
Other comprehensive (loss) income (1,570)(236)582 
Comprehensive income$15,715 $15,167 $14,421 
Schedule I
Condensed Financial Information of Registrant
(Parent Company Only)
UnitedHealth Group
Condensed Statements of Cash Flows
 
 For the Years Ended December 31,
(in millions)202120202019
Operating activities 
Cash flows from operating activities$11,439 $8,842 $9,275 
Investing activities
Issuances of notes to subsidiaries(444)(628)(2,722)
Repayments of notes to subsidiaries37 1,089 2,249 
Cash paid for acquisitions(4,953)(7,706)(9,645)
Return of capital to parent company245 943 4,497 
Capital contributions to subsidiaries(747)(43)(803)
Other, net— 143 490 
Cash flows used for investing activities(5,862)(6,202)(5,934)
Financing activities
Common stock repurchases(5,000)(4,250)(5,500)
Proceeds from common stock issuances1,355 1,440 1,037 
Cash dividends paid(5,280)(4,584)(3,932)
(Repayments of) proceeds from short-term borrowings, net(1,302)872 300 
Proceeds from issuance of long-term debt6,933 4,864 5,444 
Repayments of long-term debt(3,150)(3,150)(1,750)
Proceeds from notes from subsidiaries3,223 2,818 1,207 
Other, net(447)(438)(535)
Cash flows used for financing activities(3,668)(2,428)(3,729)
Increase (decrease) in cash and cash equivalents1,909 212 (388)
Cash and cash equivalents, beginning of period258 46 434 
Cash and cash equivalents, end of period$2,167 $258 $46 
Supplemental cash flow disclosures
Cash paid for interest$1,575 $1,633 $1,506 
Cash paid for income taxes3,050 4,185 2,590 
See Notes to the Condensed Financial Statements of Registrant
Schedule I
Condensed Financial Information of Registrant
(Parent Company Only)
UnitedHealth Group
Notes to Condensed Financial Statements
1.    Basis of Presentation
UnitedHealth Group’s parent company financial information has been derived from its consolidated financial statements and should be read in conjunction with the consolidated financial statements included in this Form 10-K. The accounting policies for the registrant are the same as those described in Note 2 of the Notes to the Consolidated Financial Statements included in Part II, Item 8, “Financial Statements.and Supplementary Data.”
2.    Subsidiary Transactions
Investment in Subsidiaries. UnitedHealth Group’s investment in subsidiaries is stated at cost plus equity in undistributed earnings of subsidiaries.
Dividends and Capital Distributions. Cash dividends received from subsidiaries and included in Cash Flows from Operating Activities in the Condensed Statements of Cash Flows were $10.8 billion, $10.0 billion and $5.6 billion in 2021, 2020 and 2019, respectively. Additionally, $0.2 billion, $0.9 billion and $4.5 billion in cash were received as a return of capital to the parent company during 2021, 2020 and 2019, respectively.
Short-Term Borrowings and Long-Term Debt
Discussion of short-term borrowings and long-term debt can be found in Note 8 of the Notes to the Consolidated Financial Statements included in Part II, Item 8, “Financial Statements and Supplementary Data.” Long-term debt obligations of the parent company do not include other financing obligations at subsidiaries which totaled $1.4 billion and $1.2 billion at December 31, 2021 and 2020.
Maturities of short-term borrowings and long-term debt for the years ending December 31 are as follows:
(in millions)
2022$3,015 
20232,125 
20242,500 
20252,300 
20262,500 
Thereafter32,677 
UnitedHealth Group’s parent company had notes payable to subsidiaries of $8.1 billion and $4.9 billion as of December 31, 2021 and 2020, respectively, which included on-demand features.
4. Commitments and Contingencies
Certain regulated subsidiaries are guaranteed by UnitedHealth Group’s parent company in the event of insolvency. UnitedHealth Group’s parent company also provides guarantees related to its service level under certain contracts. None of the amounts accrued, paid or charged to income for service level guarantees were material as of December 31, 2021, 2020 or 2019.