CVS Health 2018 Financial Statements.xlsx

CVS Health 2018 Financial Statements.xlsx - 12 Months Ended...

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Document and Entity Information - USD ($) 12 Months Ended Dec. 31, 2017 Feb. 09, 2018 Document and Entity Information Entity Registrant Name CVS HEALTH Corp Entity Central Index Key 64,803 Document Type 10-K Document Period End Date Amendment Flag false Current Fiscal Year End Date --12-31 Entity Well-known Seasoned Issuer Yes Entity Voluntary Filers No Entity Current Reporting Status Yes Entity Filer Category Large Accelerated Filer Entity Public Float Entity Common Stock, Shares Outstanding 1,014,532,157 Document Fiscal Year Focus 2,017 Document Fiscal Period Focus FY Dec. 31, 2017
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Jun. 30, 2017 $ 81,440,458,676
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12 Months Ende Dec. 31, 2017 Delta Dec. 31, 2016 Consolidated Statements of Income Net revenues $ 184,765 4.08% $ 177,526 Cost of revenues 156,220 5.08% 148,669 Gross profit 28,545 -1.08% 28,857 Operating expenses 19,028 2.90% 18,491 Operating profit 9,517 -8.19% 10,366 Interest expense, net 1,041 -1.61% 1,058 Loss on early extinguishment of debt -100.00% 643 Other expense 208 642.86% 28 Income before income tax provision 8,268 -4.27% 8,637 Income tax provision 1,637 -50.65% 3,317 Income from continuing operations 6,631 24.64% 5,320 (8) 700.00% (1) Net income 6,623 24.52% 5,319 (1) -50.00% (2) Net income attributable to CVS Health $ 6,622 24.54% $ 5,317 Basic earnings per share: $ 6.48 31.44% $ 4.93 (0.01) - $ 6.47 31.24% $ 4.93 1,020 -4.94% 1,073 Diluted earnings per share: $ 6.45 31.36% $ 4.91 (0.01) - $ 6.44 31.43% $ 4.90 1,024 -5.10% 1,079 $ 2 17.65% $ 1.70 Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions Income (loss) from discontinued operations, net of tax Net income attributable to noncontrolling interest Income from continuing operations attributable to CVS Health (in dollars per share) Income (loss) from discontinued operations attributable to CVS Health (in dollars per share) Net income attributable to CVS Health (in dollars per share) Weighted average shares outstanding (in shares) Income from continuing operations attributable to CVS Health (in dollars per share) income (loss) from discontinued operations attributable to CVS Health (in dollars per share) Net income attributable to CVS Health (in dollars per share) Weighted average shares outstanding (in shares) Dividends declared per share (in dollars per share)
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ed Delta Dec. 31, 2015 15.81% $ 153,290 17.28% 126,762 8.78% 26,528 8.43% 17,053 9.40% 9,475 26.25% 838 - 0 33.33% 21 0.24% 8,616 -2.04% 3,386 1.72% 5,230 -111.11% 9 1.53% 5,239 0.00% (2) 1.53% $ 5,237 6.02% $ 4.65 -100.00% 0.01 5.79% $ 4.66 -4.03% 1,118 6.28% $ 4.62 -100.00% 0.01 5.83% $ 4.63 -4.17% 1,126 21.43% $ 1.40
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Consolidated Statements of Comprehensive Income - USD ($) $ in Millions Consolidated Statements of Comprehensive Income Net income Other comprehensive income: Foreign currency translation adjustments, net of tax Net cash flow hedges, net of tax Pension and other postretirement benefits, net of tax Total other comprehensive income (loss) Comprehensive income Comprehensive income attributable to noncontrolling interest Comprehensive income attributable to CVS Health
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12 Months Ended Dec. 31, 2017 Dec. 31, 2016 Dec. 31, 2015 $ 6,623 $ 5,319 $ 5,239 (2) 38 (100) (10) 2 2 152 13 (43) 140 53 (141) 6,763 5,372 5,098 (1) (2) (2) $ 6,762 $ 5,370 $ 5,096
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Dec. 31, 2017 Delta Dec. 31, 2016 Delta Assets: Cash and cash equivalents $ 1,696 -49.69% $ 3,371 37.09% Short-term investments 111 27.59% 87 -1.14% Accounts receivable, net 13,181 8.36% 12,164 2.32% Inventories 15,296 3.63% 14,760 5.42% Other current assets 945 43.18% 660 -8.59% Total current assets 31,229 0.60% 31,042 6.46% Property and equipment, net 10,292 1.15% 10,175 3.25% Goodwill 38,451 0.53% 38,249 0.38% Intangible assets, net 13,630 0.88% 13,511 -2.64% Other assets 1,529 2.96% 1,485 3.13% Total assets 95,131 0.71% 94,462 2.19% Liabilities: Accounts payable 8,863 11.54% 7,946 6.09% Claims and discounts payable 10,355 9.57% 9,451 23.49% Accrued expenses 6,609 -4.73% 6,937 1.58% Short-term debt 1,276 -31.91% 1,874 -
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