For the quarter ending 2025-09-30, UNH had -$1,386M decrease in cash & cash equivalents over the period. $5,055M in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net earnings | 2,543 | 3,572 | 6,474 | 5,784 |
| Depreciation and amortization | 1,099 | 1,084 | 1,061 | 1,041 |
| Deferred income taxes | -932 | -151 | 64 | -62 |
| Share-based compensation | 223 | 197 | 375 | 187 |
| Loss on sale of subsidiary and subsidiaries held for sale | -83 | -41 | -15 | 21 |
| Gains on dispositions and other strategic transactions | - | - | - | 10,419 |
| Other, net | 63 | -30 | -97 | -582 |
| Accounts receivable | -1,746 | -2,781 | 4,462 | 2,122 |
| Other assets | 962 | 1,599 | 544 | 1,152 |
| Medical costs payable | 1,807 | 1,378 | 2,993 | 268 |
| Accounts payable and other liabilities | 63 | 127 | -607 | 1,213 |
| Unearned revenues | 338 | -272 | -10 | -16 |
| Cash flows from operating activities | 5,945 | 7,188 | 5,456 | 2,369 |
| Purchases of investments | 4,625 | 4,045 | 4,135 | 7,357 |
| Sales of investments | 2,764 | 1,996 | 3,185 | 3,449 |
| Maturities of investments | 2,191 | 2,159 | 2,167 | 2,581 |
| Cash paid for acquisitions and other transactions, net of cash assumed | 3,702 | 32 | 702 | 1,734 |
| Purchases of property, equipment and capitalized software | 890 | 886 | 898 | 912 |
| Loans to care providers - cyberattack | 0 | 0 | 0 | -9,033 |
| Repayments of care provider loans - cyberattack | 250 | 402 | 891 | 4,514 |
| Cash received from dispositions and other strategic transactions, net | - | - | - | 2,041 |
| Other, net | 546 | 1,036 | 582 | 383 |
| Cash flows used for investing activities | -4,558 | -1,442 | -74 | -1,119 |
| Common share repurchases | 0 | 2,545 | 3,000 | 4,972 |
| Cash dividends paid | 2,002 | 2,000 | 1,912 | 1,932 |
| Proceeds from common stock issuances | 222 | 221 | 360 | 235 |
| Repayments of long-term debt | 2,000 | 0 | 0 | 500 |
| Proceeds from (repayments of) short-term borrowings, net | 2,872 | -5,314 | 3,911 | 40 |
| Proceeds from issuance of long-term debt | 0 | 2,969 | 0 | 0 |
| Customer funds administered | -1,767 | -1,270 | 1,245 | -501 |
| Purchases of redeemable noncontrolling interests | - | - | - | 280 |
| Other, net | -90 | -8 | -505 | -432 |
| Cash flows (used for) from financing activities | -2,765 | -7,947 | 99 | -8,342 |
| Effect of exchange rate changes on cash and cash equivalents | -4 | 14 | 15 | -31 |
| Increase in cash and cash equivalents, including cash within businesses held for sale | -1,382 | -2,187 | 5,496 | -7,123 |
| Less net increase in cash within businesses held for sale | -4 | 66 | -91 | - |
| Net increase in cash and cash equivalents | -1,386 | -2,121 | -1,568 | - |
| Cash and cash equivalents at beginning of period | 28,596 | 30,717 | 32,400 | - |
| Cash and cash equivalents at end of period | 27,210 | 28,596 | 30,717 | - |
UNITEDHEALTH GROUP INC (UNH)
UNITEDHEALTH GROUP INC (UNH)