Consolidated Balance Sheets

		Years ended December 31
(In millions, except share data)				2007					2006
Assets
Current assets:
Cash and cash equivalents			$	2,767.9				$	2,602.1
Investments available-for-sale, at fair value:
Fixed maturity securities (amortized cost of $1,814.5 and $481.5)				1,832.6					465.4
Equity securities (cost of $1,732.7 and $1,669.7)				1,893.7					1,984.5
Other invested assets, current				40.3					72.8
Accrued investment income				165.8					157.2
Premium and self-funded receivables				2,870.1					2,335.3
Other receivables				996.4					1,172.7
Income tax receivable				0.9					—
Securities lending collateral				854.1					904.7
Deferred tax assets, net				559.6					642.6
Other current assets				1,050.4					1,284.5
Total current assets				13,031.8					11,621.8
Long-term investments available-for-sale, at fair value:
Fixed maturity securities (amortized cost of $13,832.6 and $15,004.6)				13,917.3					14,972.4
Equity securities (cost of $43.4 and $82.7)				45.1					86.2
Other invested assets, long-term				752.9					628.8
Property and equipment, net				995.9					988.6
Goodwill				13,435.4					13,383.5
Other intangible assets				9,220.8					9,396.2
Other noncurrent assets				660.8					497.4
Total assets			$	52,060.0				$	51,574.9
Liabilities and shareholders’ equity
Liabilities
Current liabilities:
Policy liabilities:
Medical claims payable			$	5,788.0				$	5,290.3
Reserves for future policy benefits				63.7					76.3
Other policy holder liabilities				1,832.2					2,055.7
Total policy liabilities				7,683.9					7,422.3
Unearned income				1,114.6					987.9
Accounts payable and accrued expenses				2,909.6					3,242.2
Income taxes payable				—					538.2
Security trades pending payable				50.6					124.8
Securities lending payable				854.1					904.7
Current portion of long-term debt				20.4					521.0
Other current liabilities				1,755.0					1,397.4
Total current liabilities				14,388.2					15,138.5
Long-term debt, less current portion				9,023.5					6,493.2
Reserves for future policy benefits, noncurrent				661.9					646.9
Deferred tax liability, net				3,004.4					3,350.2
Other noncurrent liabilities				1,991.6					1,370.3
Total liabilities				29,069.6					26,999.1
Commitments and contingencies
Shareholders equity
Preferred stock, without par value, shares authorized — 100,000,000;
shares issued and outstanding — none				—					—
Common stock, par value $0.01, shares authorized — 900,000,000;
shares issued and outstanding: 556,212,039 and 615,500,865				5.6					6.1
Additional paid-in capital				18,441.1					19,863.5
Retained earnings				4,387.6					4,656.1
Accumulated other comprehensive income				156.1					50.1
Total shareholders’ equity				22,990.4					24,575.8
Total liabilities and shareholders’ equity			$	52,060.0				$	51,574.9

The information presented above should be read in conjunction with the audited financial statements and accompanying notes included in WellPoint’s 2007 Annual Report on Form 10-K.

 

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