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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Assets:    
Cash and cash equivalents $ 14,618 $ 12,945
Investments 3,102 2,778
Accounts receivable, net 28,331 27,276
Inventories 18,263 19,090
Assets held for sale 625 908
Other current assets 3,767 2,636
Total current assets 68,706 65,633
Long-term investments 21,612 21,096
Property and equipment, net 12,872 12,873
Operating lease right-of-use assets 17,660 17,872
Goodwill 84,057 78,150
Intangible assets, net 26,368 24,803
Separate accounts assets 3,231 3,228
Other assets 4,824 4,620
Total assets 239,330 228,275
Liabilities:    
Accounts payable 12,527 14,838
Pharmacy claims and discounts payable 20,047 19,423
Health care costs payable 10,895 10,142
Policyholders’ funds 1,426 1,500
Accrued expenses 21,515 18,745
Other insurance liabilities 4,974 1,089
Current portion of operating lease liabilities 1,679 1,678
Current portion of long-term debt 1,778 1,778
Liabilities held for sale 213 228
Total current liabilities 75,054 69,421
Long-term operating lease liabilities 16,571 16,800
Long-term debt 56,450 50,476
Deferred income taxes 4,095 4,016
Separate accounts liabilities 3,231 3,228
Other long-term insurance liabilities 5,678 5,835
Other long-term liabilities 6,671 6,730
Total liabilities 167,750 156,506
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; 1,759 shares issued and 1,279 shares outstanding at March 31, 2023 and 1,758 shares issued and 1,300 shares outstanding at December 31, 2022 and capital surplus 48,306 48,193
Treasury stock, at cost: 480 shares at March 31, 2023 and 458 shares at December 31, 2022 (33,802) (31,858)
Retained earnings 57,753 56,398
Accumulated other comprehensive loss (875) (1,264)
Total CVS Health shareholders’ equity 71,382 71,469
Noncontrolling interests 198 300
Total shareholders’ equity 71,580 71,769
Total liabilities and shareholders’ equity $ 239,330 $ 228,275