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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Assets:    
Cash and cash equivalents $ 5,683 $ 4,059
Investments 2,373 2,522
Accounts receivable, net 19,617 17,631
Inventories 17,516 16,450
Other current assets 5,113 4,581
Total current assets 50,302 45,243
Long-term investments 17,314 15,732
Property and equipment, net 12,044  
Property and equipment, net   11,349
Operating lease right-of-use assets 20,860  
Goodwill 79,749 78,678
Intangible assets, net 33,121 36,524
Separate accounts assets 4,459 3,884
Other assets 4,600 5,046
Total assets 222,449 196,456
Liabilities:    
Accounts payable 10,492 8,925
Pharmacy claims and discounts payable 13,601 11,365
Health care costs payable 6,879 6,147
Policyholders’ funds 2,991 2,939
Accrued expenses 12,133 10,711
Other insurance liabilities 1,830 1,937
Current portion of operating lease liabilities 1,596  
Short-term debt 0 720
Current portion of long-term debt 3,781 1,265
Total current liabilities 53,303 44,009
Long-term operating lease liabilities 18,926  
Long-term debt 64,699 71,444
Deferred income taxes 7,294 7,677
Separate accounts liabilities 4,459 3,884
Other long-term insurance liabilities 7,436 8,119
Other long-term liabilities 2,162 2,780
Total liabilities 158,279 137,913
Commitments and contingencies (Note 16)
Shareholders’ equity:    
Preferred stock, par value $0.01: 0.1 shares authorized; none issued or outstanding 0 0
Common stock, par value $0.01: 3,200 shares authorized; 1,727 shares issued and 1,302 shares outstanding at December 31, 2019 and 1,720 shares issued and 1,295 shares outstanding at December 31, 2018 and capital surplus 45,972 45,440
Treasury stock, at cost: 425 shares at both December 31, 2019 and 2018 (28,235) (28,228)
Retained earnings 45,108 40,911
Accumulated other comprehensive income 1,019 102
Total CVS Health shareholders’ equity 63,864 58,225
Noncontrolling interests 306 318
Total shareholders’ equity 64,170 58,543
Total liabilities and shareholders’ equity $ 222,449 $ 196,456