FINANCIALS: PERFORMANCE

Consolidated Balance Sheets (unaudited, in millions)	December 31, 2017	December 31, 2016
Assets
Cash and cash equivalents	$2,354.5	$1,510.8
Investments	5,584.3	4,959.5
Accounts receivable	2,592.6	2,687.5
Property and equipment, net	1,820.0	1,785.0
Goodwill and other intangible assets, net	500.3	835.6
Other assets	1,261.3	1,504.4
Total assets	$14,113.0	$13,282.8
Liabilities and Net Assets
Claims outstanding	$2,571.5	$2,608.5
Unearned revenue	214.3	211.9
Amounts held for others	654.1	698.3
Benefit plan liabilities	741.2	909.7
Debt	1,680.1	1,780.5
Other liabilities	1,786.9	1,900.1
Total liabilities	7,648.1	8,109.0
Total net assets	6,464.9	5,173.8
Total liabilities and net assets	$14,113.0	$13,282.8

Consolidated Statement of Operations (unaudited, in millions)	Period Ended
	2017	2016
Operating revenue	$18,261	$18,233
Operating Results:
Health Plan
Commercial Business	$317	$220
Government Business	433	22
Diversified Businesses	103	163
Allegheny Health Network	31	(33)
HM Health Solutions	2	4
Corporate & Other	(270)	(313)
Operating gain	616	62
Net investment income	239	167
Interest expense	(69)	(60)
Net gain on investments	331	–
Excess of revenue over expenses before income taxes	1,117	169
Income tax provision	52	109
Excess of revenue over expenses	1,065	60
Minority Interest	2	1
Excess of revenue over expenses attributable to parent	$1,063	$59
*Certain 2016 amounts have been reclassified to conform to the 2017 presentation

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