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CVS Health | 11-K: Annual report of employee stock purchase, savings and similar plans (and amendment thereto)

SEC ·  Jun 20 16:52

Summary by Moomoo AI

CVS Health Corporation, through its CVS HEALTH FUTURE FUND 401(k) PLAN, has filed its annual report on Form 11-K for the fiscal year ended December 31, 2023, with the United States Securities and Exchange Commission. The independent audit, conducted by Ernst & Young LLP, concluded that the financial statements present fairly the net assets available for benefits and the changes in net assets available for benefits in conformity with U.S. generally accepted accounting principles. The report includes detailed financial statements, such as Statements of Net Assets Available for Benefits and Statements of Changes in Net Assets Available for Benefits, along with notes to the financial statements. The Plan's investments include mutual funds, common stock, corporate bonds, U.S. government securities, and...Show More
CVS Health Corporation, through its CVS HEALTH FUTURE FUND 401(k) PLAN, has filed its annual report on Form 11-K for the fiscal year ended December 31, 2023, with the United States Securities and Exchange Commission. The independent audit, conducted by Ernst & Young LLP, concluded that the financial statements present fairly the net assets available for benefits and the changes in net assets available for benefits in conformity with U.S. generally accepted accounting principles. The report includes detailed financial statements, such as Statements of Net Assets Available for Benefits and Statements of Changes in Net Assets Available for Benefits, along with notes to the financial statements. The Plan's investments include mutual funds, common stock, corporate bonds, U.S. government securities, and other securities, with total investments valued at $27,266,989,218. The Plan also holds synthetic guaranteed investment contracts valued at contract value. The Plan's assets and investment income have increased significantly compared to the previous year, reflecting a net increase in net assets for the year of $3,316,888,615. The Plan is subject to routine audits by taxing jurisdictions, and as of the report date, there are no audits for any tax periods in progress. The Plan's investments are managed by an independent investment consultant and approved by the Investment Subcommittee.

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