v3.8.0.1
Quarterly Selected Financial Information
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Selected Financial Information
Quarterly Selected Financial Information

Quarterly selected financial information for 2017 and 2016 is as follows:

(In millions, except per share data in dollars)
(Unaudited)
 
For the Quarter Ended
 
March 31,
2017
 
June 30,
2017
 
September 30,
2017
 
December 31,
2017
Total revenues
$
11,724

 
$
11,954

 
$
11,898

 
$
12,806

Amounts attributable to Centene Corporation common shareholders:
Earnings from continuing operations, net of income tax expense
139

 
254

 
205

 
230

Discontinued operations, net of income tax expense
—

 
—

 
—

 
—

Net earnings
$
139

 
$
254

 
$
205

 
$
230

 
 
 
 
 
 
 
 
Net earnings per common share attributable to Centene Corporation:
Basic:
 
 
 
 
 
 
 
Continuing operations
$
0.81

 
$
1.47

 
$
1.19

 
$
1.33

Discontinued operations
—

 
—

 
—

 
—

Basic earnings per common share
$
0.81

 
$
1.47

 
$
1.19

 
$
1.33

 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Continuing operations
$
0.79

 
$
1.44

 
$
1.16

 
$
1.30

Discontinued operations
—

 
—

 
—

 
—

Diluted earnings per common share
$
0.79

 
$
1.44

 
$
1.16

 
$
1.30

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
For the Quarter Ended (1)
 
March 31,
2016
 
June 30,
2016
 
September 30,
2016
 
December 31,
2016
Total revenues
$
6,953

 
$
10,897

 
$
10,846

 
$
11,911

Amounts attributable to Centene Corporation common shareholders:
Earnings (loss) from continuing operations, net of income tax expense
(15
)
 
171

 
148

 
255

Discontinued operations, net of income tax expense (benefit)
(1
)
 
(1
)
 
(1
)
 
6

Net earnings (loss)
$
(16
)
 
$
170

 
$
147

 
$
261

 
 
 
 
 
 
 
 
Net earnings (loss) per common share attributable to Centene Corporation:
Basic:
 
 
 
 
 
 
 
Continuing operations
$
(0.12
)
 
$
1.00

 
$
0.87

 
$
1.49

Discontinued operations
(0.01
)
 
—

 
(0.01
)
 
0.04

Basic earnings (loss) per common share
$
(0.13
)
 
$
1.00

 
$
0.86

 
$
1.53

 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Continuing operations
$
(0.12
)
 
$
0.98

 
$
0.84

 
$
1.45

Discontinued operations
(0.01
)
 
(0.01
)
 
—

 
0.04

Diluted earnings (loss) per common share
$
(0.13
)
 
$
0.97

 
$
0.84

 
$
1.49

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) The Company early adopted ASU 2016-09 during the fourth quarter of 2016. The ASU requires adjustments be reflected as of the beginning of the fiscal year of adoption and as a result, prior periods have been restated accordingly.