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 $86.9 billion as of September 30, 2023 compared to $69.0 billion as of December 31, 2022, including an increase to goodwill from business combinations of $7.3 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 September 30, 2023 Revenues - unaffiliated customers: Premiums $ 66,709 $ 5,630 $ — $ — $ — $ 5,630 $ — $ 72,339 Products — 61 40 10,253 — 10,354 — 10,354 Services 2,550 3,629 1,938 554 — 6,121 — 8,671 Total revenues - unaffiliated customers 69,259 9,320 1,978 10,807 — 22,105 — 91,364 Total revenues - affiliated customers — 14,227 2,964 17,999 (961) 34,229 (34,229) — Investment and other income 594 317 35 51 — 403 — 997 Total revenues $ 69,853 $ 23,864 $ 4,977 $ 28,857 $ (961) $ 56,737 $ (34,229) $ 92,361 Earnings from operations $ 4,592 $ 1,568 $ 1,109 $ 1,257 $ — $ 3,934 $ — $ 8,526 Interest expense — — — — — — (834) (834) Earnings before income taxes $ 4,592 $ 1,568 $ 1,109 $ 1,257 $ — $ 3,934 $ (834) $ 7,692 Three Months Ended September 30, 2022 Revenues - unaffiliated customers: Premiums $ 59,375 $ 5,116 $ — $ — $ — $ 5,116 $ — $ 64,491 Products — 2 37 9,151 — 9,190 — 9,190 Services 2,435 2,756 1,067 442 — 4,265 — 6,700 Total revenues - unaffiliated customers 61,810 7,874 1,104 9,593 — 18,571 — 80,381 Total revenues - affiliated customers — 10,302 2,566 15,592 (800) 27,660 (27,660) — Investment and other income 185 287 23 18 — 328 — 513 Total revenues $ 61,995 $ 18,463 $ 3,693 $ 25,203 $ (800) $ 46,559 $ (27,660) $ 80,894 Earnings from operations $ 3,799 $ 1,575 $ 1,007 $ 1,081 $ — $ 3,663 $ — $ 7,462 Interest expense — — — — — — (516) (516) Earnings before income taxes $ 3,799 $ 1,575 $ 1,007 $ 1,081 $ — $ 3,663 $ (516) $ 6,946 Optum (in millions) UnitedHealthcare Optum Health Optum Insight Optum Rx Optum Eliminations Optum Corporate and Consolidated Nine Months Ended September 30, 2023 Revenues - unaffiliated customers: Premiums $ 201,214 $ 16,385 $ — $ — $ — $ 16,385 $ — $ 217,599 Products — 156 119 30,997 — 31,272 — 31,272 Services 7,689 10,259 5,859 1,607 — 17,725 — 25,414 Total revenues - unaffiliated customers 208,903 26,800 5,978 32,604 — 65,382 — 274,285 Total revenues - affiliated customers — 42,947 8,089 52,174 (2,713) 100,497 (100,497) — Investment and other income 1,649 1,038 80 143 — 1,261 — 2,910 Total revenues $ 210,552 $ 70,785 $ 14,147 $ 84,921 $ (2,713) $ 167,140 $ (100,497) $ 277,195 Earnings from operations $ 13,293 $ 4,869 $ 2,984 $ 3,523 $ — $ 11,376 $ — $ 24,669 Interest expense — — — — — — (2,416) (2,416) Earnings before income taxes $ 13,293 $ 4,869 $ 2,984 $ 3,523 $ — $ 11,376 $ (2,416) $ 22,253 Nine Months Ended September 30, 2022 Revenues - unaffiliated customers: Premiums $ 178,680 $ 13,777 $ — $ — $ — $ 13,777 $ — $ 192,457 Products — 14 135 27,877 — 28,026 — 28,026 Services 7,492 8,054 3,075 1,096 — 12,225 — 19,717 Total revenues - unaffiliated customers 186,172 21,845 3,210 28,973 — 54,028 — 240,200 Total revenues - affiliated customers — 30,355 6,885 44,921 (1,941) 80,220 (80,220) — Investment and other income 523 528 99 25 — 652 — 1,175 Total revenues $ 186,695 $ 52,728 $ 10,194 $ 73,919 $ (1,941) $ 134,900 $ (80,220) $ 241,375 Earnings from operations $ 11,447 $ 4,340 $ 2,693 $ 3,064 $ — $ 10,097 $ — $ 21,544 Interest expense — — — — — — (1,416) (1,416) Earnings before income taxes $ 11,447 $ 4,340 $ 2,693 $ 3,064 $ — $ 10,097 $ (1,416) $ 20,128 |