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Acquisition of Aetna (Tables) | 6 Months Ended
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Jun. 30, 2019
Business Combinations [Abstract] |
Estimated Fair Values Of The Assets Acquired And Liabilities Assumed | The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition:
In millions |
Cash and cash equivalents | $ | 6,565 |
Accounts receivable | 4,094 |
Other current assets | 3,894 |
Investments (current and long-term) | 17,984 |
Goodwill | 47,492 |
Intangible assets | 22,571 |
Other long-term assets | 8,249 |
Total assets acquired | 110,849 |
Health care costs payable | 5,302 |
Other current liabilities | 9,990 |
Debt (current and long-term) | 8,098 |
Deferred income taxes | 4,295 |
Other long-term liabilities | 13,078 |
Total liabilities assumed | 40,763 |
Noncontrolling interests | 320 |
Total consideration transferred | $ | 69,766 |
Unaudited Pro Forma Financial Information | The following unaudited pro forma information presents a summary of the Company’s combined operating results for the three and six months ended June 30, 2018 as if the Aetna acquisition and the related financing transactions had occurred on January 1, 2017. The following pro forma financial information is not necessarily indicative of the Company’s operating results as they would have been had the acquisition been effected on the assumed date, nor is it necessarily an indication of trends in future results for a number of reasons, including, but not limited to, differences between the assumptions used to prepare the pro forma information, basic shares outstanding and dilutive equivalents, cost savings from operating efficiencies, potential synergies, and the impact of incremental costs incurred in integrating the businesses.
In millions, except per share amounts |  | Three Months Ended June 30, 2018 |  | Six Months Ended June 30, 2018
Total revenues |  | $ | 60,206 |  |  | $ | 119,299 |
Income (loss) from continuing operations attributable to CVS Health |  | (1,940 | ) |  | (133 | )
Basic earnings (loss) per share from continuing operations attributable to CVS Health |  | $ | (1.50 | ) |  | $ | (0.10 | )
Diluted earnings (loss) per share from continuing operations attributable to CVS Health |  | $ | (1.50 | ) |  | $ | (0.10 | )

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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