XML 14 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Premium revenue $ 6,306 $ 4,304
Premium tax revenue 187 150
Health insurer fees reimbursed 0 66
Investment income 9 25
Other revenue 20 4
Total revenue 6,522 4,549
Operating expenses:    
Medical care costs 5,474 3,716
General and administrative expenses 473 317
Premium tax expenses 187 150
Health insurer fees 0 68
Depreciation and amortization 33 20
Other 20 4
Total operating expenses 6,187 4,275
Operating income 335 274
Other expenses, net:    
Interest expense 30 21
Total other expenses, net 30 21
Income before income tax expense 305 253
Income tax expense 77 75
Net income $ 228 $ 178
Net income per share:    
Net income per share - Basic (in dollars per share) $ 3.95 $ 2.95
Net income per share - Diluted (in dollars per share) $ 3.89 $ 2.92