Cigna Group
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 29, 2024
CI$293.59-2.6%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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FS-2
STATEMENTS OF INCOME
| For the Years Ended December 31, | |||||
|---|---|---|---|---|---|
| (In millions) | 2023 | 2022 (1) | 2021 (1) | ||
| Revenues | |||||
| Net investment income | $22 | $5 | $— | ||
| Intercompany interest income | 516 | 478 | 471 | ||
| Total revenues | 538 | 483 | 471 | ||
| Operating expenses | |||||
| Selling, general and administrative expenses | 2 | 2 | 8 | ||
| Total operating expenses | 2 | 2 | 8 | ||
| Income from operations | 536 | 481 | 463 | ||
| Interest and other expense | (1,332) | (1,215) | (1,197) | ||
| Intercompany interest expense | (118) | (147) | (13) | ||
| Debt extinguishment costs | — | — | (131) | ||
| Loss before income taxes | (914) | (881) | (878) | ||
| Income tax benefits | (192) | (183) | (180) | ||
| Loss of Parent Company | (722) | (698) | (698) | ||
| Equity in income of subsidiaries | 5,886 | 7,402 | 6,068 | ||
| Shareholders' net income | 5,164 | 6,704 | 5,370 | ||
| Shareholders' other comprehensive income (loss), net of tax | |||||
| Net unrealized appreciation (depreciation) on securities and derivatives | 503 | (1,598) | (302) | ||
| Net long-duration insurance and contractholder liabilities measurement adjustments | (715) | 509 | 67 | ||
| Net translation gains (losses) of foreign currencies | 5 | 79 | (218) | ||
| Postretirement benefits liability adjustment | 1 | 420 | 410 | ||
| Shareholders' other comprehensive loss, net of tax | (206) | (590) | (43) | ||
| Shareholders' comprehensive income | $4,958 | $6,114 | $5,327 | ||
FS-2
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.