UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage and well-being services to individuals age 50 and older addressing their needs for preventive and acute health care services, as well as services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, children's health insurance and health care programs; health and dental benefits; and hospital and clinical services. The OptumHealth segment provides access to networks of care provider specialists, health management services, care delivery, consumer engagement, and financial services. This segment serves individuals directly through care delivery systems, employers, payers, and government entities. The OptumInsight segment offers software and information products, advisory consulting arrangements, and managed services outsourcing contracts to hospital systems, physicians, health plans, governments, life sciences companies, and other organizations. The OptumRx segment provides pharmacy care services and programs, including retail network contracting, home delivery, specialty and compounding pharmacy, and purchasing and clinical capabilities, as well as develops programs in the areas of step therapy, formulary management, drug adherence, and disease/drug therapy management. UnitedHealth Group Incorporated was incorporated in 1977 and is based in Minnetonka, Minnesota.

UnitedHealth Group Incorporated

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Assets	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Other Investments	56,400	55,890	55,437	56,155	53,423	51,150
Short-Term Investments
Long-Term Investments
Total Investments	56,400	55,890	55,437	56,155	53,423	51,150
Short-Term Investments
Long-Term Investments
Cash and Cash Equivalents	27,210	28,596	30,717	25,312	32,400	26,286
Cash and Cash Equivalents
Other Receivables	55,434	52,724	52,958	48,454	47,485	49,877
Accounts Receivable, Net
Other Current Receivables, Net
Net Property, Plant & Equipment	11,104	10,923	10,734	10,553	10,139	9,801
Property, Equipment and Capitalized Software, Net
Net Intangible Assets	22,785	22,510	22,947	23,268	23,594	14,729
Other Intangible Assets, Net
Goodwill	110,340	107,677	107,566	106,734	105,978	105,436
Goodwill
Other Assets	31,996	30,253	29,431	27,802	26,290	28,777
Assets Under Management
Deferred Income Taxes
Prepaid Expenses and Other Current Assets
Other Assets
Total Assets	315,269	308,573	309,790	298,278	299,309	286,056
Total Assets

Liabilities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Unearned Premiums	3,366	3,032	3,296	3,317	3,320	2,572
Unearned Revenues
Claims Reserves	40,181	38,427	37,136	34,224	33,951	32,547
Medical Costs Payable
Future Policy Benefits
Accounts Payable	36,033	34,330	33,566	34,337	33,080	30,886
Accounts Payable and Accrued Liabilities
Total Debt	80,136	79,193	81,271	76,904	78,010	75,098
Short-Term Borrowings and Current Maturities of Long-Term Debt
Long-Term Debt, Less Current Maturities
Other Liabilities	49,740	48,807	49,352	46,905	46,493	45,719
Other Policy Liabilities
Other Current Liabilities
Deferred Income Taxes
Other Liabilities
Total Liabilities	209,456	203,789	204,621	195,687	194,854	186,822
Total Liabilities

Equity	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Preferred Stock	—	—	—	—	—	—
Preferred Stock
Common Stock	9	9	9	9	9	9
Common Stock
Additional Paid-in Capital	394	—	—	—	461	373
Additional Paid-in Capital
Accumulated Other Comprehensive Income	-2,211	-2,535	-2,905	-3,387	-2,453	-3,423
Accumulated Other Comprehensive Loss
Retained Earnings	97,595	97,250	97,934	96,036	96,518	92,400
Retained Earnings
Total Common Shareholders' Equity	95,787	94,724	95,038	92,658	94,535	89,359
Minority Interests and Other	10,026	10,060	10,131	9,933	9,920	9,875
Redeemable Noncontrolling Interests
Nonredeemable Noncontrolling Interests
Total Shareholders' Equity	105,813	104,784	105,169	102,591	104,455	99,234
Total Equity
Redeemable Noncontrolling Interests
Total Liabilities and Shareholders' Equity	315,269	308,573	309,790	298,278	299,309	286,056
Total Liabilities, Redeemable Noncontrolling Interests and Equity