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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 3,198 $ 2,819
Investments 2,056 1,758
Receivables 1,006 974
Income taxes refundable 0 39
Prepaid expenses and other current assets 142 131
Derivative asset 0 267
Total current assets 6,402 5,988
Property, equipment, and capitalized software, net 447 454
Deferred contract costs 89 86
Intangible assets, net 131 140
Goodwill 620 620
Restricted investments 115 110
Deferred income taxes 10 10
Derivative asset 181 0
Other assets 43 41
Total assets 8,038 7,449
Current liabilities:    
Medical claims and benefits payable 1,926 1,929
Amounts due government agencies 1,575 1,202
Accounts payable and accrued liabilities 438 385
Deferred revenue 461 315
Income taxes payable 21 0
Current portion of long-term debt 1 472
Derivative liability 0 267
Total current liabilities 4,422 4,570
Senior notes 1,455 975
Lease financing obligations 198 198
Deferred income taxes 11 15
Derivative liability 181 0
Other long-term liabilities 44 42
Total liabilities 6,311 5,800
Stockholders’ equity:    
Common stock, $0.001 par value; 150 shares authorized; outstanding: 57 shares at March 31, 2017 and December 31, 2016 0 0
Preferred stock, $0.001 par value; 20 shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital 841 841
Accumulated other comprehensive loss (1) (2)
Retained earnings 887 810
Total stockholders’ equity 1,727 1,649
Total liabilities and stockholders' equity $ 8,038 $ 7,449