Segment Reporting Disclosure | Segment Financial Information The Company’s four reportable segments are UnitedHealthcare, Optum Health, Optum Insight and Optum Rx. For more information on the Company’s segments, see Part I, Item I, “Business” and Note 14 of Notes to the Consolidated Financial Statements included in Part II, Item 8, “Financial Statements and Supplementary Data” in the 2022 10-K. Total assets at Optum Health increased to $80.8 billion as of June 30, 2023 compared to $69.0 billion as of December 31, 2022, primarily due to goodwill from business combinations of $7.0 billion. The following tables present reportable segment financial information: Optum (in millions) UnitedHealthcare Optum Health Optum Insight Optum Rx Optum Eliminations Optum Corporate and Consolidated Three Months Ended June 30, 2023 Revenues - unaffiliated customers: Premiums $ 67,047 $ 5,427 $ — $ — $ — $ 5,427 $ — $ 72,474 Products — 51 39 10,561 — 10,651 — 10,651 Services 2,584 3,541 1,995 543 — 6,079 — 8,663 Total revenues - unaffiliated customers 69,631 9,019 2,034 11,104 — 22,157 — 91,788 Total revenues - affiliated customers — 14,454 2,615 17,496 (893) 33,672 (33,672) — Investment and other income 600 444 25 46 — 515 — 1,115 Total revenues $ 70,231 $ 23,917 $ 4,674 $ 28,646 $ (893) $ 56,344 $ (33,672) $ 92,903 Earnings from operations $ 4,358 $ 1,525 $ 968 $ 1,206 $ — $ 3,699 $ — $ 8,057 Interest expense — — — — — — (828) (828) Earnings before income taxes $ 4,358 $ 1,525 $ 968 $ 1,206 $ — $ 3,699 $ (828) $ 7,229 Three Months Ended June 30, 2022 Revenues - unaffiliated customers: Premiums $ 59,368 $ 4,528 $ — $ — $ — $ 4,528 $ — $ 63,896 Products — 6 58 9,432 — 9,496 — 9,496 Services 2,542 2,740 1,034 329 — 4,103 — 6,645 Total revenues - unaffiliated customers 61,910 7,274 1,092 9,761 — 18,127 — 80,037 Total revenues - affiliated customers — 10,224 2,181 15,038 (588) 26,855 (26,855) — Investment and other income 195 85 9 6 — 100 — 295 Total revenues $ 62,105 $ 17,583 $ 3,282 $ 24,805 $ (588) $ 45,082 $ (26,855) $ 80,332 Earnings from operations $ 3,850 $ 1,399 $ 839 $ 1,044 $ — $ 3,282 $ — $ 7,132 Interest expense — — — — — — (467) (467) Earnings before income taxes $ 3,850 $ 1,399 $ 839 $ 1,044 $ — $ 3,282 $ (467) $ 6,665 Optum (in millions) UnitedHealthcare Optum Health Optum Insight Optum Rx Optum Eliminations Optum Corporate and Consolidated Six Months Ended June 30, 2023 Revenues - unaffiliated customers: Premiums $ 134,505 $ 10,755 $ — $ — $ — $ 10,755 $ — $ 145,260 Products — 95 79 20,744 — 20,918 — 20,918 Services 5,139 6,630 3,921 1,053 — 11,604 — 16,743 Total revenues - unaffiliated customers 139,644 17,480 4,000 21,797 — 43,277 — 182,921 Total revenues - affiliated customers — 28,720 5,125 34,175 (1,752) 66,268 (66,268) — Investment and other income 1,055 721 45 92 — 858 — 1,913 Total revenues $ 140,699 $ 46,921 $ 9,170 $ 56,064 $ (1,752) $ 110,403 $ (66,268) $ 184,834 Earnings from operations $ 8,701 $ 3,301 $ 1,875 $ 2,266 $ — $ 7,442 $ — $ 16,143 Interest expense — — — — — — (1,582) (1,582) Earnings before income taxes $ 8,701 $ 3,301 $ 1,875 $ 2,266 $ — $ 7,442 $ (1,582) $ 14,561 Six Months Ended June 30, 2022 Revenues - unaffiliated customers: Premiums $ 119,305 $ 8,661 $ — $ — $ — $ 8,661 $ — $ 127,966 Products — 12 98 18,726 — 18,836 — 18,836 Services 5,057 5,298 2,008 654 — 7,960 — 13,017 Total revenues - unaffiliated customers 124,362 13,971 2,106 19,380 — 35,457 — 159,819 Total revenues - affiliated customers — 20,053 4,319 29,329 (1,141) 52,560 (52,560) — Investment and other income 338 241 76 7 — 324 — 662 Total revenues $ 124,700 $ 34,265 $ 6,501 $ 48,716 $ (1,141) $ 88,341 $ (52,560) $ 160,481 Earnings from operations $ 7,648 $ 2,765 $ 1,686 $ 1,983 $ — $ 6,434 $ — $ 14,082 Interest expense — — — — — — (900) (900) Earnings before income taxes $ 7,648 $ 2,765 $ 1,686 $ 1,983 $ — $ 6,434 $ (900) $ 13,182 |