Cigna Group
For the period ended Jun 30, 2024. Filed Aug 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 1, 2024
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Corporate
Corporate reflects amounts not allocated to operating segments, including net interest expense (defined as interest on corporate financing less net investment income on investments not supporting segment and other operations), certain litigation matters, expense associated with our frozen pension plans, charitable contributions, operating severance, certain overhead and enterprise-wide project costs and eliminations for products and services sold between segments.
| Financial Summary · Three Months Ended June 30, · Change · Six Months EndedJune 30, · Change | ||||||||
|---|---|---|---|---|---|---|---|---|
| (In millions) · 2024 · 2023 · 2024 · 2023 | ||||||||
| Pre-tax adjusted loss from operations | $(435) | $(423) | 3 | % | $(844) | $(837) | 1 | % |
Pre-tax adjusted loss from operations increased 3% and 1% respectively, primarily due to higher interest rates on our indebtedness partially offset by lower pension costs.
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