Stock Analysis on Net

CVS Health Corp. (NYSE:CVS)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

CVS Health Corp., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents 8,586 8,196 12,945 9,408 7,854
Investments 2,407 3,259 2,778 3,117 3,000
Accounts receivable, net 36,469 35,227 27,276 24,431 21,742
Inventories 18,107 18,025 19,090 17,760 18,496
Assets held for sale 908
Other current assets 3,076 3,151 2,685 5,292 5,277
Current assets 68,645 67,858 65,682 60,008 56,369
Long-term investments 28,934 23,019 21,096 23,025 20,812
Property and equipment, net 12,993 13,183 12,873 12,896 12,606
Operating lease right-of-use assets 15,944 17,252 17,872 19,122 20,729
Goodwill 91,272 91,272 78,150 79,121 79,552
Intangible assets, net 27,323 29,234 24,754 29,026 31,142
Separate accounts assets 3,311 3,250 3,228 5,087 4,881
Other assets 4,793 4,660 4,620 4,714 4,624
Long-term assets 184,570 181,870 162,593 172,991 174,346
Total assets 253,215 249,728 228,275 232,999 230,715

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. CVS Health Corp. current assets increased from 2022 to 2023 and from 2023 to 2024.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. CVS Health Corp. property and equipment, net increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. CVS Health Corp. long-term assets increased from 2022 to 2023 and from 2023 to 2024.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. CVS Health Corp. total assets increased from 2022 to 2023 and from 2023 to 2024.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. CVS Health Corp. cash and cash equivalents decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.
Investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. CVS Health Corp. investments increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. CVS Health Corp. accounts receivable, net increased from 2022 to 2023 and from 2023 to 2024.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. CVS Health Corp. inventories decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.