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Consolidated Statements of Shareholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Shares
Treasury Shares
Common Stock and Capital Surplus
[3]
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
[4]
Accumulated Other Comprehensive Income
Total CVS Health Shareholders’ Equity
Total CVS Health Shareholders’ Equity
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interests
Balance at beginning of period (in shares) at Dec. 31, 2018     1,720 (425) [1]              
Beginning of year balance at Dec. 31, 2018 $ 58,543 $ 178 [2]   $ (28,228) [1] $ 45,440 $ 40,911   $ 102 $ 58,225 $ 178 [2] $ 318
Stockholders' Equity [Roll Forward]                      
Net income 6,631         6,634     6,634   (3)
Other comprehensive income (loss) 917             917 917    
Stock option activity, stock awards and other (in shares)     7 2 [1]              
Stock option activity, stock awards and other 532       532       532    
Purchase of treasury shares, net of ESPP issuances (in shares) [1]       2              
Purchase of treasury shares, net of ESPP issuances (7)     $ (7) [1]         (7)    
Common stock dividends (2,615)         (2,615)     (2,615)    
Other increases (decreases) in noncontrolling interest (9)                   (9)
Balance at end of period (in shares) at Dec. 31, 2019     1,727 (425) [1]              
End of year balance at Dec. 31, 2019 64,170 $ (3) [4]   $ (28,235) [1] 45,972 45,108 $ (3) 1,019 63,864 $ (3) [4] 306
Stockholders' Equity [Roll Forward]                      
Net income 7,192         7,179     7,179   13
Other comprehensive income (loss) 395             395 395    
Stock option activity, stock awards and other (in shares)     6                
Stock option activity, stock awards and other 541       541       541    
ESPP issuances, net of purchase of treasury shares (in shares) [1]       2              
ESPP issuances, net of purchase of treasury shares 57     $ 57 [1]         57    
Common stock dividends (2,644)         (2,644)     (2,644)    
Other increases (decreases) in noncontrolling interest (7)                   (7)
Balance at end of period (in shares) at Dec. 31, 2020     1,733 (423) [1]              
End of year balance at Dec. 31, 2020 69,701     $ (28,178) [1] 46,513 49,640   1,414 69,389   312
Stockholders' Equity [Roll Forward]                      
Net income 7,898         7,910     7,910   (12)
Other comprehensive income (loss) (449)             (449) (449)    
Stock option activity, stock awards and other (in shares)     11                
Stock option activity, stock awards and other 864       864       864    
ESPP issuances, net of purchase of treasury shares (in shares) [1]       1              
ESPP issuances, net of purchase of treasury shares 5     $ 5 [1]         5    
Common stock dividends (2,644)         (2,644)     (2,644)    
Other increases (decreases) in noncontrolling interest 6                   6
Balance at end of period (in shares) at Dec. 31, 2021     1,744 (422) [1]              
End of year balance at Dec. 31, 2021 $ 75,381     $ (28,173) [1] $ 47,377 $ 54,906   $ 965 $ 75,075   $ 306
[1] Treasury shares include 1 million shares held in trust for each of the years ended December 31, 2021, 2020 and 2019. Treasury stock includes $29 million related to shares held in trust for each of the years ended December 31, 2021, 2020 and 2019. See Note 1 ‘‘Significant Accounting Policies’’ for additional information.
[2] Reflects the adoption of Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842), which resulted in an increase to retained earnings of $178 million during the year ended December 31, 2019.
[3] Common stock and capital surplus includes the par value of common stock of $17 million as of December 31, 2021, 2020 and 2019.
[4] Reflects the adoption of ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), which resulted in a reduction to retained earnings of $3 million during the year ended December 31, 2020.