Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Elevance Health Inc., consolidated statement of comprehensive income

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	5,991)	6,019)	6,095)	4,572)	4,807)
Change in net unrealized gains (losses) on investments	1,117)	(2,260)	(457)	428)	680)
Change in non-credit component of impairment losses on investments	—)	(3)	2)	—)	—)
Change in net unrealized gains (losses) on cash flow hedges	18)	10)	11)	12)	(16)
Change in net periodic pension and postretirement costs	40)	(70)	123)	(1)	26)
Change in future policy benefits	(3)	—)	—)	—)	—)
Foreign currency translation adjustments	(1)	(13)	(9)	7)	—)
Other comprehensive income (loss), net of tax	1,171)	(2,336)	(330)	446)	690)
Comprehensive income	7,162)	3,683)	5,765)	5,018)	5,497)
Comprehensive loss attributable to noncontrolling interests	2)	17)	11)	—)	—)
Shareholders’ comprehensive income	7,164)	3,700)	5,776)	5,018)	5,497)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Download chart

Comprehensive income item	Description	The company
Shareholders’ net income	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Elevance Health Inc. shareholders’ net income decreased from 2021 to 2022 and from 2022 to 2023.
Shareholders’ comprehensive income	Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners.	Elevance Health Inc. shareholders’ comprehensive income decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.

Elevance Health Inc. (NYSE:ELV)

Statement of Comprehensive Income