Balance Sheet: Liabilities and Stockholders’ Equity

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Cigna Group, consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Current insurance and contractholder liabilities	5,514)	5,385)	5,318)	5,308)	4,921)
Pharmacy and other service costs payable	19,815)	17,070)	15,309)	13,347)	10,454)
Accounts payable	8,553)	7,775)	6,655)	5,478)	5,090)
Accrued expenses and other liabilities	9,955)	8,006)	7,322)	8,515)	7,347)
Short-term debt	2,775)	2,993)	2,545)	3,374)	5,514)
Liabilities of businesses held for sale	2,104)	—)	6,423)	—)	6,812)
Current liabilities	48,716)	41,229)	43,572)	36,022)	40,138)
Non-current insurance and contractholder liabilities	10,904)	11,481)	12,563)	16,844)	16,052)
Deferred tax liabilities, net	7,173)	7,751)	8,346)	8,939)	9,387)
Other non-current liabilities	3,441)	3,142)	3,762)	4,629)	4,460)
Long-term debt	28,155)	28,100)	31,125)	29,545)	31,893)
Separate account liabilities	7,430)	7,278)	8,337)	9,086)	8,465)
Liabilities of businesses held for sale, non-current	591)	—)	—)	—)	—)
Non-current liabilities	57,694)	57,752)	64,133)	69,043)	70,257)
Total liabilities	106,410)	98,981)	107,705)	105,065)	110,395)
Redeemable noncontrolling interests	107)	66)	54)	58)	35)
Common stock, $0.01 par value per share	4)	4)	4)	4)	4)
Additional paid-in capital	30,669)	30,233)	29,574)	28,975)	28,306)
Accumulated other comprehensive loss	(1,864)	(1,395)	(884)	(861)	(941)
Retained earnings	41,652)	37,874)	32,593)	28,575)	20,162)
Treasury stock, at cost	(24,238)	(21,844)	(14,175)	(6,372)	(2,193)
Shareholders’ equity	46,223)	44,872)	47,112)	50,321)	45,338)
Other noncontrolling interests	21)	13)	18)	7)	6)
Total equity	46,244)	44,885)	47,130)	50,328)	45,344)
Total liabilities and equity	152,761)	143,932)	154,889)	155,451)	155,774)

Based on: 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), 10-K (reporting date: 2019-12-31).

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Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	Cigna Group current liabilities decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Non-current liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Cigna Group non-current liabilities decreased from 2021 to 2022 and from 2022 to 2023.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	Cigna Group total liabilities decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.
Shareholders’ equity	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	Cigna Group shareholders’ equity decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.

Cigna Group (NYSE:CI)

Balance Sheet: Liabilities and Stockholders’ Equity