v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 4,072 $ 3,930
Premium and trade receivables 3,413 3,215
Short-term investments 531 505
Other current assets 687 715
Total current assets 8,703 8,365
Long-term investments 5,312 4,545
Restricted deposits 135 138
Property, software and equipment, net 1,104 797
Goodwill 4,749 4,712
Intangible assets, net 1,398 1,545
Other long-term assets 454 95
Total assets 21,855 20,197
Current liabilities:    
Medical claims liability 4,286 3,929
Accounts payable and accrued expenses 4,165 3,763
Return of premium payable 549 614
Unearned revenue 328 313
Current portion of long-term debt 4 4
Total current liabilities 9,332 8,623
Long-term debt 4,695 4,651
Other long-term liabilities 952 869
Total liabilities 14,979 14,143
Commitments and contingencies
Redeemable noncontrolling interests 12 145
Stockholders’ equity:    
Preferred stock, $.001 par value; authorized 10,000 shares; no shares issued or outstanding at December 31, 2017 and December 31, 2016 0 0
Common stock, $.001 par value; authorized 400,000 shares; 180,379 issued and 173,437 outstanding at December 31, 2017, and 178,134 issued and 171,919 outstanding at December 31, 2016 0 0
Additional paid-in capital 4,349 4,190
Accumulated other comprehensive loss (3) (36)
Retained earnings 2,748 1,920
Treasury stock, at cost (6,942 and 6,215 shares, respectively) (244) (179)
Total Centene stockholders’ equity 6,850 5,895
Noncontrolling interest 14 14
Total stockholders’ equity 6,864 5,909
Total liabilities, redeemable noncontrolling interests and stockholders’ equity $ 21,855 $ 20,197