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v3.19.1

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2019 | Mar. 31, 2018
Revenue: |  |
Premium revenue | $ 3,952 | $ 4,323
Premium tax revenue | 138 | 104
Health insurer fees reimbursed | 0 | 61
Service revenue | 0 | 134
Investment income and other revenue | 29 | 24
Total revenue | 4,119 | 4,646
Operating expenses: |  |
General and administrative expenses | 302 | 352
Premium tax expenses | 138 | 104
Health insurer fees | 0 | 75
Depreciation and amortization | 25 | 26
Restructuring costs | 3 | 25
Total operating expenses | 3,839 | 4,424
Operating income | 280 | 222
Other expenses, net: |  |
Interest expense | 23 | 33
Other (income) expenses, net | (3) | 10
Total other expenses, net | 20 | 43
Income before income tax expense | 260 | 179
Income tax expense | 62 | 72
Net income | $ 198 | $ 107
Net income per share: |  |
Basic (in dollars per share) | $ 3.19 | $ 1.79
Diluted (in dollars per share) | $ 2.99 | $ 1.64
Health Care, Premium |  |
Operating expenses: |  |
Cost of revenue | $ 3,371 | $ 3,722
Technology Service |  |
Operating expenses: |  |
Cost of revenue | $ 0 | $ 120

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