Humana 2007 Annual Report Download - page 117
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Humana Inc.
SCHEDULE I—PARENT COMPANY FINANCIAL INFORMATION
CONDENSED BALANCE SHEETS
December 31,
2007 2006
(in thousands, except share
amounts)
ASSETS
Current assets:
Cash and cash equivalents ............................................ $ 509,328 $ 319,340
Investment securities ................................................ 26,346 105,024
Receivable from operating subsidiaries ................................. 288,967 330,891
Securities lending collateral .......................................... 401,292 1,081
Other current assets ................................................. 298,963 325,002
Total current assets ............................................. 1,524,896 1,081,338
Property and equipment, net .............................................. 440,215 407,345
Investments in subsidiaries ............................................... 5,482,145 4,117,757
Other long-term assets ................................................... 71,485 44,278
Total assets ................................................... $7,518,741 $5,650,718
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Payable to operating subsidiaries ...................................... $ 886,030 $ 902,463
Current portion of notes payable to operating subsidiaries ................... 27,600 27,600
Book overdraft ..................................................... 57,029 56,153
Other current liabilities .............................................. 390,762 254,205
Securities lending payable ............................................ 401,292 1,081
Total current liabilities .......................................... 1,762,713 1,241,502
Long-term debt ........................................................ 1,651,740 1,269,100
Notes payable to operating subsidiaries ..................................... 8,550 18,000
Other long-term liabilities ................................................ 66,801 68,230
Total liabilities ................................................ 3,489,804 2,596,832
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $1 par; 10,000,000 shares authorized; none issued ........... — —
Common stock, $0.16
2
⁄
3
par; 300,000,000 shares authorized; 186,738,885 shares
issued in 2007, and 182,947,691 shares issued in 2006 ................... 31,123 30,491
Treasury stock, at cost, 16,720,528 shares in 2007 and 16,314,151 shares in
2006 ........................................................... (256,987) (229,575)
Other stockholders’ equity ........................................... 4,254,801 3,252,970
Total stockholders’ equity ........................................ 4,028,937 3,053,886
Total liabilities and stockholders’ equity ............................ $7,518,741 $5,650,718
See accompanying notes to the parent company financial statements.
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