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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data
3 Months Ended12 Months Ended
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2009
Sep. 30, 2009
Jun. 30, 2009
Mar. 31, 2009
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
Revenues:           
Premiums        $ 32,712,323$ 29,926,751$ 28,064,844
Services        555,180519,507468,239
Investment income        329,332296,317220,215
Total revenues8,276,442[1]8,350,8128,589,243[2]8,380,3387,578,9077,657,7737,842,9097,662,98633,596,83530,742,57528,753,298
Operating expenses:           
Benefits        27,117,06924,783,57623,730,106
Operating costs        4,380,3194,013,9843,739,655
Depreciation and amortization        244,825237,412210,400
Total operating expenses        31,742,21329,034,97227,680,161
Income from operations        1,854,6221,707,6031,073,137
Interest expense        105,060105,84380,289
Income before income taxes174,492[1]622,290535,854[2]416,926398,700469,348439,950293,7621,749,5621,601,760992,848
Provision for income taxes        650,172562,085345,694
Net income$ 107,325[1]$ 393,221$ 340,076[2]$ 258,768$ 250,659$ 301,519$ 281,780$ 205,717$ 1,099,390$ 1,039,675$ 647,154
Basic earnings per common share$ 0.64[1]$ 2.35$ 2.02[2]$ 1.54$ 1.49$ 1.80$ 1.68$ 1.23$ 6.55$ 6.21$ 3.87
Diluted earnings per common share$ 0.63[1]$ 2.32$ 2.00[2]$ 1.52$ 1.48$ 1.78$ 1.67$ 1.22$ 6.47$ 6.15$ 3.83
[1]Includes an expense of $138.9 million ($88.0 million after tax, or $0.52 per diluted common share) associated with reserve strengthening for our closed block of long-term care policies acquired in connection with the 2007 acquisition of KMG America Corporation as more fully described in Note 18 to the consolidated financial statements.
[2]Includes an expense of $147.5 million ($93.4 million after tax, or $0.55 per diluted common share) for the write-down of deferred acquisition costs associated with our individual major medical policies as more fully described in Note 18 to the consolidated financial statements.