Cigna Group Annual Amortization of Intangible Assets in USD from 2016 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Cigna Group quarterly/annual Amortization of Intangible Assets history and growth rate from 2016 to 2023.
  • Cigna Group Amortization of Intangible Assets for the quarter ending September 30, 2024 was $436M, a 3.97% decline year-over-year.
  • Cigna Group Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $1.73B, a 5.21% decline year-over-year.
  • Cigna Group annual Amortization of Intangible Assets for 2023 was $1.82B, a 3.04% decline from 2022.
  • Cigna Group annual Amortization of Intangible Assets for 2022 was $1.88B, a 6.11% decline from 2021.
  • Cigna Group annual Amortization of Intangible Assets for 2021 was $2B, a 0.81% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.82B -$57M -3.04% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-29
2022 $1.88B -$122M -6.11% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-29
2021 $2B +$16M +0.81% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-29
2020 $1.98B -$967M -32.8% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-23
2019 $2.95B +$2.71B +1155% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-24
2018 $235M +$120M +104% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-25
2017 $115M -$36M -23.8% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-27
2016 $151M Jan 1, 2016 Dec 31, 2016 10-K 2019-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.