XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.21.1

Segments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2021
Segment Reporting [Abstract] |
Operating segment information | The following table presents total revenue by segment. Inter-segment revenue was insignificant for all periods presented.
| Three Months Ended March 31, |  |
| 2021 |  | 2020 |  |  |  |
| (In millions)
Total revenue: |  |  |  |  |  |  |
Medicaid | $ | 5,020 |  |  | $ | 3,517 |  |  |  |  |
Medicare | 805 |  |  | 639 |  |  |  |  |
Marketplace | 680 |  |  | 393 |  |  |  |  |
Other | 17 |  |  | — |  |  |  |  |
Total | $ | 6,522 |  |  | $ | 4,549 |  |  |  |  |
The following table presents goodwill and intangibles assets, net by segment. For the Magellan Complete Care acquisition completed on December 31, 2020, the total purchase price was preliminarily allocated to tangible and intangible assets acquired, and liabilities assumed, based on their fair values as of the acquisition date. We expect to complete the final determination of the purchase price allocation no later than December 31, 2021, which may result in adjustments to the related goodwill and intangible assets, net.
| March 31, |  | December 31,
| 2021 |  | 2020
| (In millions)
Goodwill: |  |  |
Medicaid | $ | 372 |  |  | $ | 378 |
Medicare | 247 |  |  | 247 |
Other | 67 |  |  | 67 |
Intangibles assets, net: |  |  |
Medicaid | 150 |  |  | 157 |
Medicare | 72 |  |  | 76 |
Other | 15 |  |  | 16 |
Total | $ | 923 |  |  | $ | 941 |
The following table reconciles margin by segment to consolidated income before income taxes.
| Three Months Ended March 31, |  |
| 2021 |  | 2020 |  |  |  |
| (In millions)
Margin: |  |  |  |  |  |  |
Medicaid | $ | 604 |  |  | $ | 365 |  |  |  |  |
Medicare | 77 |  |  | 117 |  |  |  |  |
Marketplace | 151 |  |  | 106 |  |  |  |  |
Other | 4 |  |  | — |  |  |  |  |
Total margin | 836 |  |  | 588 |  |  |  |  |
Add: other operating revenues (1) | 199 |  |  | 245 |  |  |  |  |
Less: other operating expenses (2) | (700) |  |  | (559) |  |  |  |  |
Operating income | 335 |  |  | 274 |  |  |  |  |
Other expenses, net | 30 |  |  | 21 |  |  |  |  |
Income before income tax expense | $ | 305 |  |  | $ | 253 |  |  |  |  |
______________________ (1)Other operating revenues include premium tax revenue, health insurer fees reimbursed, investment income, and other revenue. (2)Other operating expenses include general and administrative expenses, premium tax expenses, health insurer fees, depreciation and amortization, and other operating expenses.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration