Consolidated Statement of Operations (unaudited) | |||
(in millions) | Period ended | ||
June 2019 | June 2018* | ||
Operating revenue | $ 9,244 | $ 9,357 | |
Operating Results: | |||
Health Plan | |||
Commercial Business | $ 151 | $ 155 | |
Government Business | 269 | 288 | |
Diversified Businesses | 80 | 82 | |
Allegheny Health Network | 19 | 24 | |
HM Health Solutions | (4) | 7 | |
Corporate & Other | (105) | (54) | |
Operating gain | 410 | 502 | |
Net investment income | 160 | 140 | |
Interest expense | (31) | (33) | |
Goodwill and intangible impairment | (41) | - | |
Excess of revenue over expenses before unrealized gains (losses) and income taxes | 498 | 609 | |
Unrealized gains (losses) | 208 | (7) | |
Income tax provision | (79) | (50) | |
Excess of revenue over expenses | 627 | 552 | |
Noncontrolling interest | (2) | 1 | |
Excess of revenue over expenses attributable to parent | $ 629 | $ 551 | |
* Certain 2018 amounts have been reclassified to conform to the 2019 presentation | |||
