# HUMANA INC (HUM) FY2025 Q3 Statement of Cash Flows

- Company: HUMANA INC (HUM)
- Period: 2025-07-01 to 2025-09-30
- Filing: Q3 FY2025 10-Q, filed 2025-11-05, accession number 0000049071-25-000057
- Page: https://plicit.ai/financials/hum/fy2025-q3-cash-flow
- Chart image: https://plicit.ai/charts/hum-fy2025-q3-cash-flow-sankey.png

## Chart details

Cash flows for Jul 1, 2025 through Sep 30, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2025. Ending cash: Sep 30, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Jun 30, 2025**: 4,040,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 971,000,000 US dollars. Net cash provided.
- **Net income**: 194,000,000 US dollars
- **Loss on sale of business**: 63,000,000 US dollars
- **Gain on investment securities, net**: negative 53,000,000 US dollars
- **Equity in net losses**: 26,000,000 US dollars
- **Stock-based compensation**: 83,000,000 US dollars
- **Depreciation**: 191,000,000 US dollars
- **Amortization**: 13,000,000 US dollars
- **Impairment of property and equipment**: 0 US dollars
- **Impairment of indefinite-lived intangible assets**: 0 US dollars
- **Receivables**: 1,816,000,000 US dollars
- **Other assets**: negative 716,000,000 US dollars
- **Benefits payable**: negative 971,000,000 US dollars
- **Other liabilities**: 307,000,000 US dollars
- **Unearned revenues**: negative 9,000,000 US dollars
- **Other**: 27,000,000 US dollars
- **Investing activities**: 980,000,000 US dollars. Net cash provided.
- **Proceeds from sale of business, net**: 115,000,000 US dollars
- **Acquisitions, net of cash and cash equivalents acquired**: negative 4,000,000 US dollars
- **Purchases of property and equipment, net**: negative 135,000,000 US dollars
- **Purchases of investment securities**: negative 3,257,000,000 US dollars
- **Proceeds from maturities of investment securities**: 531,000,000 US dollars
- **Proceeds from sales of investment securities**: 3,823,000,000 US dollars
- **Changes in securities lending collateral receivable**: negative 93,000,000 US dollars
- **Financing activities**: negative 603,000,000 US dollars. Net cash used.
- **Payments from contract deposits, net**: negative 585,000,000 US dollars
- **Proceeds from issuance of senior notes, net**: 0 US dollars
- **Repayments of senior notes**: 0 US dollars
- **Repayments from issuance of commercial paper, net**: 0 US dollars
- **Debt issue costs**: 0 US dollars
- **Change in book overdraft**: 10,000,000 US dollars
- **Common stock repurchases**: 0 US dollars
- **Dividends paid**: negative 107,000,000 US dollars
- **Changes in securities lending payable**: 93,000,000 US dollars
- **Changes in rebate factor payable**: 0 US dollars
- **Other**: negative 14,000,000 US dollars
- **Operating adjustment reconciliation**: 2,526,000,000 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**: 706,000,000 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**: 4,469,000,000 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 Sep 30, 2025**: 5,388,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 5,991,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 1,348,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 5.01×. 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**: 971,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 135,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 836,000,000 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 enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $777.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced 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: 971,000,000 US dollars minus 135,000,000 US dollars equals 836,000,000 US dollars.