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Schedule II - Condensed Financial Information of Registrant (Tables)
12 Months Ended
Dec. 31, 2017
Condensed Financial Information of Cigna Corporation (Registrant) [Abstract]  
Condensed Financial Information Of Parent Company Only, Statements Of Income
For the years ended
December 31,
(in millions)201720162015
Operating expenses
Interest $237$244$246
Intercompany interest 1832
Debt extinguishment costs321-100
Other 204281147
TOTAL OPERATING EXPENSES780528495
Loss before income taxes (780)(528)(495)
Income tax benefit (194)(146)(135)
Loss of parent company (586)(382)(360)
Equity in income of subsidiaries2,8232,2492,454
SHAREHOLDERS' NET INCOME 2,2371,8672,094
Shareholders' other comprehensive income (loss)
Net unrealized (depreciation) on securities(34)(56)(202)
Net unrealized (depreciation) appreciation on derivatives(3)(4)15
Net translation of foreign currencies304(95)(212)
Postretirement benefits liability adjustment332385
Shareholders' other comprehensive income (loss):300(132)(314)
SHAREHOLDERS' COMPREHENSIVE INCOME $2,537$1,735$1,780

See Notes to Financial Statements on the following pages.

Condensed Financial Information Of Parent Company Only, Balance Sheets
As of December 31,
(in millions)20172016
Assets
Cash and cash equivalents $9$18
Short-term investments6357
Investments in subsidiaries 22,65520,315
Intercompany receivable200173
Other assets 252415
TOTAL ASSETS $ 23,179 $ 20,978
Liabilities
Intercompany payable $ 2,980 $ 998
Short-term debt231257
Long-term debt 5,1124,658
Other liabilities 1,1211,342
TOTAL LIABILITIES9,4447,255
Shareholders' Equity
Common stock (shares issued, 296; authorized, 600)7474
Additional paid-in capital 2,9402,892
Accumulated other comprehensive loss(1,082)(1,382)
Retained earnings 15,82413,855
Less treasury stock, at cost (4,021)(1,716)
TOTAL SHAREHOLDERS' EQUITY13,73513,723
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 23,179 $ 20,978

See Notes to Financial Statements on the following pages.

Condensed Financial Information Of Parent Company Only, Statements Of Cash Flows
For the years ended
December 31,
(in millions)201720162015
Cash Flows from Operating Activities
Shareholders' net income $2,237$1,867$2,094
Adjustments to reconcile shareholders' net income
to net cash provided by operating activities
Equity in income of subsidiaries (2,823)(2,249)(2,454)
Dividends received from subsidiaries 758580880
Other liabilities (224)(9)112
Debt extinguishment costs321-100
Other, net (1)333187112
NET CASH PROVIDED BY OPERATING ACTIVITIES (1)602376844
Cash Flows from Investing Activities
Short-term investment purchased, net(6)(3)(54)
Other, net (11)(8)(14)
NET CASH (USED IN) INVESTING ACTIVITIES(17)(11)(68)
Cash Flows from Financing Activities
Net change in amounts due to (from) affiliates 1,955(78)(161)
Net change in short-term debt100(100)-
Payments for debt extinguishment (313)-(87)
Repayment of long-term debt (1,250)-(851)
Net proceeds on issuance of long-term debt 1,581-894
Issuance of common stock 13136154
Common dividends paid (10)(10)(10)
Repurchase of common stock (2,725)(139)(671)
Tax withholding on stock compensation (1)(61)(72)(79)
Other(2)--
NET CASH (USED IN) FINANCING ACTIVITIES (1)(594)(363)(811)
Net (decrease) increase in cash and cash equivalents (9)2(35)
Cash and cash equivalents, beginning of year 181651
Cash and cash equivalents, end of year $9$18$16
(1) As required in adopting Accounting Standard Update ("ASU") 2016-09, the Company retrospectively reclassified $79 million cash payments from operating to financing activities in 2015. These payments were related to employee tax obligations associated with stock compensation. The comparable amounts reported in financing activities were $61 million in 2017 and $72 million in 2016.

See Notes to Financial Statements on the following pages.