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Segment Financial Information (Notes)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segment Reporting Disclosure Segment Financial Information
The Company’s four reportable segments are UnitedHealthcare, Optum Health, Optum Insight and Optum Rx. For more information on the Company’s segments, see Part I, Item I, “Business” and Note 14 of Notes to the Consolidated Financial Statements included in Part II, Item 8, “Financial Statements and Supplementary Data” in the 2022 10-K. Total assets at Optum Health increased to $80.8 billion as of June 30, 2023 compared to $69.0 billion as of December 31, 2022, primarily due to goodwill from business combinations of $7.0 billion.
The following tables present reportable segment financial information:
  Optum  
(in millions)UnitedHealthcareOptum HealthOptum InsightOptum RxOptum EliminationsOptumCorporate and
Eliminations
Consolidated
Three Months Ended June 30, 2023
Revenues - unaffiliated customers:
Premiums$67,047 $5,427 $— $— $— $5,427 $— $72,474 
Products— 51 39 10,561 — 10,651 — 10,651 
Services2,584 3,541 1,995 543 — 6,079 — 8,663 
Total revenues - unaffiliated customers
69,631 9,019 2,034 11,104 — 22,157 — 91,788 
Total revenues - affiliated customers
— 14,454 2,615 17,496 (893)33,672 (33,672)— 
Investment and other income
600 444 25 46 — 515 — 1,115 
Total revenues$70,231 $23,917 $4,674 $28,646 $(893)$56,344 $(33,672)$92,903 
Earnings from operations$4,358 $1,525 $968 $1,206 $— $3,699 $— $8,057 
Interest expense— — — — — — (828)(828)
Earnings before income taxes
$4,358 $1,525 $968 $1,206 $— $3,699 $(828)$7,229 
Three Months Ended June 30, 2022
Revenues - unaffiliated customers:
Premiums$59,368 $4,528 $— $— $— $4,528 $— $63,896 
Products— 58 9,432 — 9,496 — 9,496 
Services2,542 2,740 1,034 329 — 4,103 — 6,645 
Total revenues - unaffiliated customers
61,910 7,274 1,092 9,761 — 18,127 — 80,037 
Total revenues - affiliated customers
— 10,224 2,181 15,038 (588)26,855 (26,855)— 
Investment and other income
195 85 — 100 — 295 
Total revenues$62,105 $17,583 $3,282 $24,805 $(588)$45,082 $(26,855)$80,332 
Earnings from operations$3,850 $1,399 $839 $1,044 $— $3,282 $— $7,132 
Interest expense— — — — — — (467)(467)
Earnings before income taxes
$3,850 $1,399 $839 $1,044 $— $3,282 $(467)$6,665 
  Optum  
(in millions)UnitedHealthcareOptum HealthOptum InsightOptum RxOptum EliminationsOptumCorporate and
Eliminations
Consolidated
Six Months Ended June 30, 2023
Revenues - unaffiliated customers:
Premiums$134,505 $10,755 $— $— $— $10,755 $— $145,260 
Products— 95 79 20,744 — 20,918 — 20,918 
Services5,139 6,630 3,921 1,053 — 11,604 — 16,743 
Total revenues - unaffiliated customers
139,644 17,480 4,000 21,797 — 43,277 — 182,921 
Total revenues - affiliated customers
— 28,720 5,125 34,175 (1,752)66,268 (66,268)— 
Investment and other income
1,055 721 45 92 — 858 — 1,913 
Total revenues$140,699 $46,921 $9,170 $56,064 $(1,752)$110,403 $(66,268)$184,834 
Earnings from operations$8,701 $3,301 $1,875 $2,266 $— $7,442 $— $16,143 
Interest expense— — — — — — (1,582)(1,582)
Earnings before income taxes
$8,701 $3,301 $1,875 $2,266 $— $7,442 $(1,582)$14,561 
Six Months Ended June 30, 2022
Revenues - unaffiliated customers:
Premiums$119,305 $8,661 $— $— $— $8,661 $— $127,966 
Products— 12 98 18,726 — 18,836 — 18,836 
Services5,057 5,298 2,008 654 — 7,960 — 13,017 
Total revenues - unaffiliated customers
124,362 13,971 2,106 19,380 — 35,457 — 159,819 
Total revenues - affiliated customers
— 20,053 4,319 29,329 (1,141)52,560 (52,560)— 
Investment and other income
338 241 76 — 324 — 662 
Total revenues$124,700 $34,265 $6,501 $48,716 $(1,141)$88,341 $(52,560)$160,481 
Earnings from operations$7,648 $2,765 $1,686 $1,983 $— $6,434 $— $14,082 
Interest expense— — — — — — (900)(900)
Earnings before income taxes
$7,648 $2,765 $1,686 $1,983 $— $6,434 $(900)$13,182