HUMANA INC (HUM) FY2025 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-01-01 to 2025-03-31

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HUMANA INC cash flow reconciliation, Jan 1, 2025 through Mar 31, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $331,000,000.00Net income → Operating adjustments reconciliation: $911,000,000.00Benefits payable → Operating adjustments reconciliation: $1,011,000,000.00Depreciation → Operating adjustments reconciliation: $200,000,000.00Other liabilities → Operating adjustments reconciliation: $193,000,000.00Stock-based compensation → Operating adjustments reconciliation: $49,000,000.00Equity in net losses → Operating adjustments reconciliation: $43,000,000.00Amortization → Operating adjustments reconciliation: $15,000,000.00Impairment of property and equipment → Operating adjustments reconciliation: $9,000,000.00Other → Operating adjustments reconciliation: $7,000,000.00Unearned revenues → Operating adjustments reconciliation: $5,000,000.00Operating adjustments reconciliation → Receivables: $1,755,000,000.00Operating adjustments reconciliation → Other assets: $686,000,000.00Operating adjustments reconciliation → Gain on investment securities, net: $2,000,000.00Proceeds from issuance of senior notes, net → financing reconciliation: $1,481,000,000.00Changes in securities lending payable → financing reconciliation: $175,000,000.00financing reconciliation → Net cash from financing activities: $1,384,000,000.00financing reconciliation → Dividends paid: $108,000,000.00financing reconciliation → Changes in rebate factor payable: $68,000,000.00financing reconciliation → (Payments) receipts from contract deposits, net: $35,000,000.00financing reconciliation → Change in book overdraft: $33,000,000.00financing reconciliation → Other: $12,000,000.00financing reconciliation → Common stock repurchases: $9,000,000.00financing reconciliation → Repayments from issuance of commercial paper, net: $4,000,000.00financing reconciliation → Debt issue costs: $3,000,000.00Proceeds from maturities of investment securities → investing reconciliation: $889,000,000.00Proceeds from sales of investment securities → investing reconciliation: $522,000,000.00investing reconciliation → Net cash from investing activities: $314,000,000.00investing reconciliation → Purchases of investment securities: $827,000,000.00investing reconciliation → Changes in securities lending collateral receivable: $175,000,000.00investing reconciliation → Purchases of property and equipment, net: $95,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $2,221,000,000.00Net cash from operating activities → Cash sources and uses: $331,000,000.00Net cash from financing activities → Cash sources and uses: $1,384,000,000.00Net cash from investing activities → Cash sources and uses: $314,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $4,250,000,000.00Other liabilities: $193,000,000.00Other operating liabilities+$193.00 MOther: $7,000,000.00Other operating, net+$7.00 MEquity in net losses: $43,000,000.00Equity-method results+$43.00 MAmortization: $15,000,000.00Amortization expense+$15.00 MImpairment of property and equipment: $9,000,000.00PP&E impairments+$9.00 MStock-based compensation: $49,000,000.00Stock-based compensation+$49.00 MOther assets: -$686,000,000.00Other operating assets−$686.00 MBenefits payable: $1,011,000,000.00Health insurance liabilities+$1.01 BUnearned revenues: $5,000,000.00Deferred revenue+$5.00 MNet income: $1,242,000,000.00Net income+$1.24 BDepreciation: $200,000,000.00Depreciation expense+$200.00 MGain on investment securities, net: -$2,000,000.00Securities gain & loss, net−$2.00 MReceivables: -$1,755,000,000.00Receivables, net−$1.76 BNet cash from operating activities: $331,000,000.00Operating cash+$331.00 MOperating adjustments reconciliation: $2,443,000,000.00(Payments) receipts from contract deposits, net: -$35,000,000.00(Payments) receipts from contract deposits, net−$35.00 MChanges in rebate factor payable: -$68,000,000.00Changes in rebate factor payable−$68.00 MChanges in securities lending payable: $175,000,000.00Securities lending, net+$175.00 MOther: -$12,000,000.00Other financing, net−$12.00 MProceeds from issuance of senior notes, net: $1,481,000,000.00Senior debt issued+$1.48 BDebt issue costs: -$3,000,000.00Debt issuance costs−$3.00 MRepayments from issuance of commercial paper, net: -$4,000,000.00Commercial paper, net−$4.00 MDividends paid: -$108,000,000.00Dividends paid−$108.00 MCommon stock repurchases: -$9,000,000.00Common stock repurchases−$9.00 MChange in book overdraft: -$33,000,000.00Bank overdrafts, net−$33.00 MNet cash from financing activities: $1,384,000,000.00Financing cash+$1.38 Bfinancing reconciliation: $1,656,000,000.00Purchases of property and equipment, net: -$95,000,000.00PP&E purchases−$95.00 MPurchases of investment securities: -$827,000,000.00AFS securities purchases−$827.00 MProceeds from sales of investment securities: $522,000,000.00AFS securities sales+$522.00 MProceeds from maturities of investment securities: $889,000,000.00AFS securities maturities+$889.00 MAcquisitions, net of cash and cash equivalents acquired: $0.00Changes in securities lending collateral receivable: -$175,000,000.00Securities loan collateral, net−$175.00 MNet cash from investing activities: $314,000,000.00Investing cash+$314.00 Minvesting reconciliation: $1,411,000,000.00Cash sources and uses: $4,250,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $2,221,000,000.00Beginning cash$2.22 BEnding cash: Cash, cash equivalents, and restricted cash: $4,250,000,000.00Ending cash$4.25 BCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$236.00 MOperating cash − cash spent on PP&ECash flow / Net income0.27×Operating cash flow ÷ net incomeNet cash change+$2.03 BEnding cash − beginning cash
Chart details

HUMANA INC cash flow reconciliation, Jan 1, 2025 through Mar 31, 2025

Cash flows for Jan 1, 2025 through Mar 31, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2024. Ending cash: Mar 31, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2024
2,221,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
331,000,000 US dollars. Net cash provided.
Other liabilities
193,000,000 US dollars
Other
7,000,000 US dollars
Equity in net losses
43,000,000 US dollars
Amortization
15,000,000 US dollars
Impairment of property and equipment
9,000,000 US dollars
Stock-based compensation
49,000,000 US dollars
Other assets
negative 686,000,000 US dollars
Benefits payable
1,011,000,000 US dollars
Unearned revenues
5,000,000 US dollars
Net income
1,242,000,000 US dollars
Depreciation
200,000,000 US dollars
Gain on investment securities, net
negative 2,000,000 US dollars
Receivables
negative 1,755,000,000 US dollars
Investing activities
314,000,000 US dollars. Net cash provided.
Purchases of property and equipment, net
negative 95,000,000 US dollars
Purchases of investment securities
negative 827,000,000 US dollars
Proceeds from sales of investment securities
522,000,000 US dollars
Proceeds from maturities of investment securities
889,000,000 US dollars
Acquisitions, net of cash and cash equivalents acquired
0 US dollars
Changes in securities lending collateral receivable
negative 175,000,000 US dollars
Financing activities
1,384,000,000 US dollars. Net cash provided.
(Payments) receipts from contract deposits, net
negative 35,000,000 US dollars
Changes in rebate factor payable
negative 68,000,000 US dollars
Changes in securities lending payable
175,000,000 US dollars
Other
negative 12,000,000 US dollars
Proceeds from issuance of senior notes, net
1,481,000,000 US dollars
Debt issue costs
negative 3,000,000 US dollars
Repayments from issuance of commercial paper, net
negative 4,000,000 US dollars
Dividends paid
negative 108,000,000 US dollars
Common stock repurchases
negative 9,000,000 US dollars
Change in book overdraft
negative 33,000,000 US dollars
Operating adjustment reconciliation
2,443,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
1,656,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
1,411,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Mar 31, 2025
4,250,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
4,250,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
2,029,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.27×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
331,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
95,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
236,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $331.00M of net income directly to operating cash and $911.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 331,000,000 US dollars minus 95,000,000 US dollars equals 236,000,000 US dollars.
HUMANA INC (HUM) FY2025 Q1 Statement of Cash Flows Sankey chart
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