CIGNA CORP (CI) [Rocket]

In millions, except per share items	Sep-30-18	Jun-30-18	Mar-31-18	Dec-31-17	Sep-30-17	Jun-30-17	Mar-31-17	Dec-31-16
	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K
Revenues:
Global Health Benefits Segment				8,268				7,808
Group Disability And Life Segment	1,124	1,132	1,116	1,116	1,136	1,134	1,129	1,146
Global Supplemental Benefits Segment	1,093	1,106	1,102	1,043	985	955	922	878
Other Operations Segment	120	121	120	117	120	118	116	119
Other	9,120	9,118	9,042		8,248	8,218	8,307
Total revenues	11,457	11,477	11,380	10,531	10,489	10,425	10,474	9,944
Revenue growth	9.2%	10.1%	8.6%	5.9%	6.2%	4.7%	6.0%	4.4%
Loss and loss adjustment expenses	5,360	5,421	5,317	5,178	4,845	4,890	4,949	4,779
Policy acquisition costs
Other operating expenses	5,064	4,954	4,845	4,595	4,820	4,401	4,635	4,560
General and administrative				2,536				2,546
EBITDA	1,195	1,238	1,358	899	963	1,274	1,036	755
EBITDA margin	10.4%	10.8%	11.9%	8.5%	9.2%	12.2%	9.9%	7.6%
Depreciation	114	112	113	114	111	112	114	114
EBITA	1,081	1,126	1,245	785	852	1,162	922	641
EBITA margin	9.4%	9.8%	10.9%	7.5%	8.1%	11.1%	8.8%	6.4%
Amortization of intangibles	48	24	27	27	28	28	32	36
EBIT	1,033	1,102	1,218	758	824	1,134	890	605
EBIT margin	9.0%	9.6%	10.7%	7.2%	7.9%	10.9%	8.5%	6.1%
Pre-tax income	1,033	1,102	1,218	758	824	1,134	890	605
Income taxes	259	294	301	491	262	324	297	231
Tax rate	25.1%	26.7%	24.7%	64.8%	31.8%	28.6%	33.4%	38.2%
Minority interest	2	2	2	1	2	-3	-5	-8
Net income	772	806	915	266	560	813	598	382
Net margin	6.7%	7.0%	8.0%	2.5%	5.3%	7.8%	5.7%	3.8%

Basic EPS	$3.14	$3.29	$3.72	$1.04	$2.21	$3.15	$2.30	$1.47
Diluted EPS	$3.14	$3.29	$3.72	$1.04	$2.21	$3.15	$2.30	$1.47

Shares outstanding (basic)	246	245	246	255	253	258	260	260
Shares outstanding (diluted)	246	245	246	255	253	258	260	260

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.