For the quarter ending 2026-03-31, UNH had $3,636M increase in cash & cash equivalents over the period. $8,149M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net earnings | 6,481 | 218 | 2,543 | 3,572 |
| Depreciation and amortization | 1,029 | 1,117 | 1,099 | 1,084 |
| Deferred income taxes | 540 | -733 | -932 | -151 |
| Share-based compensation | 348 | 176 | 223 | 197 |
| Loss on sale of subsidiary and subsidiaries held for sale | -72 | -126 | -83 | -41 |
| Net gains on dispositions and other strategic transactions | - | 910 | - | - |
| Other, net | 304 | -1,609 | 63 | -30 |
| Accounts receivable | 3,544 | 829 | -1,746 | -2,781 |
| Other assets | -2,919 | 1,501 | 962 | 1,599 |
| Medical costs payable | 296 | -354 | 1,807 | 1,378 |
| Accounts payable and other liabilities | 1,055 | 2,082 | 63 | 127 |
| Unearned revenues | 20 | 107 | 338 | -272 |
| Cash flows from operating activities | 8,912 | 1,108 | 5,945 | 7,188 |
| Purchases of investments | 6,515 | 4,568 | 4,625 | 4,045 |
| Sales of investments | 1,878 | 1,343 | 2,764 | 1,996 |
| Maturities of investments | 2,285 | 1,929 | 2,191 | 2,159 |
| Cash paid for acquisitions and other transactions, net of cash assumed | 0 | 73 | 3,702 | 32 |
| Purchases of property, equipment and capitalized software | 763 | 948 | 890 | 886 |
| Loans to care providers - cyberattack | - | 0 | 0 | 0 |
| Repayments of care provider loans - cyberattack | 82 | 137 | 250 | 1,293 |
| Originations and purchases of loans | 1,215 | 4,795 | - | - |
| Repayments and maturities of loans | 699 | 1,980 | - | - |
| Cash received from dispositions and other strategic transactions, net | 1,081 | 561 | - | - |
| Other, net | -21 | -1,823 | 546 | 1,036 |
| Cash flows used for investing activities | -2,447 | -2,611 | -4,558 | -1,442 |
| Common share repurchases | 0 | 0 | 0 | 2,545 |
| Cash dividends paid | 2,005 | 2,002 | 2,002 | 2,000 |
| Proceeds from common stock issuances | 231 | 24 | 222 | 221 |
| Repayments of long-term debt | 1,500 | 1,050 | 2,000 | 0 |
| Proceeds from short-term borrowings, net | 1,100 | -662 | 2,872 | -5,314 |
| Proceeds from issuance of long-term debt | - | 0 | 0 | 2,969 |
| Customer funds administered | 600 | 2,158 | -1,767 | -1,270 |
| Purchases of redeemable noncontrolling interests | - | 165 | - | - |
| Other, net | -1,418 | 666 | -90 | -8 |
| Cash flows (used for) from financing activities | -2,992 | -1,031 | -2,765 | -7,947 |
| Effect of exchange rate changes on cash and cash equivalents | -7 | 15 | -4 | 14 |
| Increase in cash and cash equivalents, including cash within businesses held for sale | 7,035 | - | -1,382 | -2,187 |
| Less net increase in cash within businesses held for sale | 170 | -326 | -4 | 66 |
| Net increase in cash and cash equivalents | 3,636 | -2,845 | -1,386 | -2,121 |
| Cash and cash equivalents, beginning of period | 24,365 | 27,210 | 28,596 | 30,717 |
| Cash and cash equivalents, end of period | 28,001 | 24,365 | 27,210 | 28,596 |
UNITEDHEALTH GROUP INC (UNH)
UNITEDHEALTH GROUP INC (UNH)