Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 4,054 $ 2,343
Investment securities 10,972 10,026
Receivables, less allowance for doubtful accounts of $69 in 2019 and $79 in 2018 1,056 1,015
Other current assets 3,806 3,564
Total current assets 19,888 16,948
Property and equipment, net 1,955 1,735
Long-term investment securities 406 411
Goodwill 3,928 3,897
Equity method investment in Kindred at Home 1,063 1,047
Other long-term assets 1,834 1,375
Total assets 29,074 25,413
Current liabilities:    
Benefits payable 6,004 4,862
Trade accounts payable and accrued expenses 3,754 3,067
Book overdraft 225 171
Unearned revenues 247 283
Short-term debt 699 1,694
Total current liabilities 10,929 10,077
Long-term debt 4,967 4,375
Future policy benefits payable 206 219
Other long-term liabilities 935 581
Total liabilities 17,037 15,252
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $1 par; 10,000,000 shares authorized; none issued 0 0
Common stock, $0.16 2/3 par; 300,000,000 shares authorized; 198,629,992 shares issued at December 31, 2019 and 198,594,841 shares issued at December 31, 2018 33 33
Capital in excess of par value 2,820 2,535
Retained earnings 17,483 15,072
Accumulated other comprehensive income (loss) 156 (159)
Treasury stock, at cost, 66,524,771 shares at December 31, 2019 and 63,028,169 shares at December 31, 2018 (8,455) (7,320)
Total stockholders’ equity 12,037 10,161
Total liabilities and stockholders’ equity $ 29,074 $ 25,413