SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Schedule of Health Care Cost Payments and Reimbursements

We account for these subsidies and discounts as a deposit in our consolidated balance sheets and as a financing activity under receipts (withdrawals) from contract deposits in our consolidated statements of cash flows.

	2021		2020		2019
	(in millions)
Part D subsidy/discount payments	$	(14,889)	$	(13,348)	$	(11,762)
Part D subsidy/discount reimbursements	14,628		12,410		11,202
Net payments	$	(261)	$	(938)	$	(560)

We account for the payments of the federal government’s claims and the related reimbursements under deposit accounting in our consolidated balance sheets and as a financing activity under receipts (withdrawals) from contract deposits in our consolidated statements of cash flows.

	2021		2020		2019
	(in millions)
Health care cost payments	$	(6,943)	$	(6,253)	$	(6,475)
Health care cost reimbursements	6,898		6,252		6,412
Net payments	$	(45)	$	(1)	$	(63)