Stock Analysis on Net

Elevance Health Inc. (NYSE:ELV)

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.

Elevance Health Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Medical claims payable 15,746 16,111 15,596 13,518 11,359
Other policyholder liabilities 4,204 5,600 5,933 5,521 4,590
Unearned income 1,508 1,402 1,112 1,153 1,259
Accounts payable and accrued expenses 6,927 6,910 5,607 4,970 5,493
Short-term borrowings 365 225 265 275
Current portion of long-term debt 1,649 1,649 1,500 1,599 700
Other current liabilities 10,029 9,894 9,683 7,849 6,052
Liabilities held for sale 153
Current liabilities 40,581 41,791 39,696 34,885 29,453
Long-term debt, less current portion 29,218 23,246 22,349 21,157 19,335
Reserves for future policy benefits 190 778 737 802 794
Deferred tax liabilities, net 2,148 1,970 2,034 2,805 2,019
Other noncurrent liabilities 3,326 1,738 1,562 1,683 1,815
Noncurrent liabilities 34,882 27,732 26,682 26,447 23,963
Total liabilities 75,463 69,523 66,378 61,332 53,416
Preferred stock, without par value; shares issued and outstanding: none
Common stock, par value $0.01 2 2 2 2 3
Additional paid-in capital 8,911 8,868 9,084 9,148 9,244
Retained earnings 33,549 31,749 29,724 27,088 23,802
Accumulated other comprehensive income (loss) (1,147) (1,313) (2,503) (178) 150
Shareholders’ equity 41,315 39,306 36,307 36,060 33,199
Noncontrolling interests 111 99 87 68
Total equity 41,426 39,405 36,394 36,128 33,199
Total liabilities and equity 116,889 108,928 102,772 97,460 86,615

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).

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. Elevance Health Inc. current liabilities increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Elevance Health Inc. noncurrent liabilities increased from 2022 to 2023 and from 2023 to 2024.
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. Elevance Health Inc. total liabilities increased from 2022 to 2023 and from 2023 to 2024.
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. Elevance Health Inc. shareholders’ equity increased from 2022 to 2023 and from 2023 to 2024.