UnitedHealth Group Files 2023 Annual 10-K Report

TL;DR

🚨 UNH just dropped its 2023 annual 10-K filing, giving us the full financial picture through Dec 31!

AI Summary

UNITEDHEALTH GROUP INC filed its annual 10-K report on February 28, 2024, detailing its financial performance for the fiscal year ended December 31, 2023. The filing, identified by CIK 0000731766, provides a comprehensive overview of the company's operations. This document is crucial for understanding the healthcare giant's financial health and strategic direction.

Why It Matters

This 10-K filing offers a detailed look into the financial health and operational strategies of one of the largest healthcare companies, impacting investors, healthcare policy, and the broader economy. It provides transparency on performance and future outlook.

Risk Assessment

Risk Level: medium — As a comprehensive annual report, the 10-K will detail various business, operational, and market risks inherent to a large healthcare enterprise.

Key Numbers

• 2023-12-31 — Fiscal Year End (The period covered by this annual report.)
• 2024-02-28 — Filing Date (The date the 10-K was officially filed with the SEC.)

Key Players & Entities

• UNITEDHEALTH GROUP INC (company) — Filing company
• UNITED HEALTHCARE CORP/ (company) — Former company name
• UNITED HEALTHCARE CORP (company) — Former company name

FAQ

From the Filing

0000731766-24-000081.txt : 20240228 0000731766-24-000081.hdr.sgml : 20240228 20240228170812 ACCESSION NUMBER: 0000731766-24-000081 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 132 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNITEDHEALTH GROUP INC CENTRAL INDEX KEY: 0000731766 STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324] ORGANIZATION NAME: 02 Finance IRS NUMBER: 411321939 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10864 FILM NUMBER: 24696722 BUSINESS ADDRESS: STREET 1: UNITEDHEALTH GROUP CENTER STREET 2: 9900 BREN ROAD EAST CITY: MINNEAPOLIS STATE: MN ZIP: 55343 BUSINESS PHONE: 9529361300 MAIL ADDRESS: STREET 1: 9900 BREN ROAD EAST CITY: MINNETONKA STATE: MN ZIP: 55343 FORMER COMPANY: FORMER CONFORMED NAME: UNITED HEALTHCARE CORP/ DATE OF NAME CHANGE: 20000309 FORMER COMPANY: FORMER CONFORMED NAME: UNITED HEALTHCARE CORP DATE OF NAME CHANGE: 19920703 10-K 1 unh-20231231.htm 10-K unh-20231231 false 2023 FY 0000731766 12/31 10 50 http://fasb.org/us-gaap/2023#OtherLiabilities P4Y P4Y P5Y P3Y 1/1/2026 1/1/2042 1/1/2024 1/1/2043 0.038 0.046 0.019 0.043 0.007 0.012 0.297 0.306 0.306 0.308 0.292 0.298 0.013 0.015 0.012 0.012 0.013 0.015 4.605251141552511 4.702283105022831 4.802054794520548 5.502739726027397 4.202283105022831 5.502739726027397 1.2993150684931507 0000731766 2023-01-01 2023-12-31 0000731766 2023-06-30 iso4217:USD 0000731766 2024-01-31 xbrli:shares 0000731766 2023-12-31 0000731766 2022-12-31 iso4217:USD xbrli:shares 0000731766 2022-01-01 2022-12-31 0000731766 2021-01-01 2021-12-31 0000731766 us-gaap:ProductMember 2023-01-01 2023-12-31 0000731766 us-gaap:ProductMember 2022-01-01 2022-12-31 0000731766 us-gaap:ProductMember 2021-01-01 2021-12-31 0000731766 us-gaap:ServiceMember 2023-01-01 2023-12-31 0000731766 us-gaap:ServiceMember 2022-01-01 2022-12-31 0000731766 us-gaap:ServiceMember 2021-01-01 2021-12-31 0000731766 us-gaap:CommonStockMember 2020-12-31 0000731766 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0000731766 us-gaap:RetainedEarningsMember 2020-12-31 0000731766 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2020-12-31 0000731766 us-gaap:AccumulatedTranslationAdjustmentMember 2020-12-31 0000731766 us-gaap:NoncontrollingInterestMember 2020-12-31 0000731766 2020-12-31 0000731766 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0000731766 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0000731766 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2021-01-01 2021-12-31 0000731766 us-gaap:AccumulatedTranslationAdjustmentMember 2021-01-01 2021-12-31 0000731766 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0000731766 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0000731766 us-gaap:CommonStockMember 2021-12-31 0000731766 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000731766 us-gaap:RetainedEarningsMember 2021-12-31 0000731766 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2021-12-31 0000731766 us-gaap:AccumulatedTranslationAdjustmentMember 2021-12-31 0000731766 us-gaap:NoncontrollingInterestMember 2021-12-31 0000731766 2021-12-31 0000731766 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0000731766 us-gaap:NoncontrollingInterestMember 2022-01-01 2022-12-31 0000731766 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2022-01-01 2022-12-31 0000731766 us-gaap:AccumulatedTranslationAdjustmentMember 2022-01-01 2022-12-31 0000731766 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0000731766 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0000731766 us-gaap:CommonStockMember 2022-12-31 0000731766 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000731766 us-gaap:RetainedEarningsMember 2022-12-31 0000731766 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2022-12-31 0000731766 us-gaap:AccumulatedTranslationAdjustmentMember 202