Item 6. Selected Financial Data

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Item 6. Selected Financial Data

The following selected consolidated financial data should be read in conjunction with the consolidated financial statements and related notes and "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" included in our Annual Report on Form 10-K.



	Year Ended December 31,
	2019			2018			2017			2016			2015
	(In millions, except share data in dollars and membership data)
Consolidating Operating Results
Total Revenues	$	74,639		$	60,116		$	48,382		$	40,607		$	22,760
Net earnings attributable to Centene Corporation	$	1,321		$	900		$	828		$	562		$	355
Basic net earnings per share attributable to Centene Corporation	$	3.19		$	2.31		$	2.40		$	1.76		$	1.49
Diluted net earnings per share attributable to Centene Corporation	$	3.14		$	2.26		$	2.34		$	1.71		$	1.44
Health benefits ratio (1)	87.3		%	85.9		%	87.3		%	86.5		%	88.9		%
Selling, general and administrative expense ratio (2)	9.3		%	10.7		%	9.7		%	9.8		%	8.5		%
Membership	15,241,800			14,171,200			12,207,100			11,441,800			5,107,900

Consolidated Balance Sheet Data
Cash and cash equivalents, Investments and Restricted deposits	$	21,361		$	13,480		$	10,050		$	9,118		$	3,978
Total assets	40,994			30,901			21,855			20,197			7,339
Medical claims liability	7,473			6,831			4,286			3,929			2,298
Long-term debt	13,638			6,648			4,695			4,651			1,216
Total stockholders' equity	12,659			11,013			6,864			5,909			2,168
_______________
(1) Health benefits ratio represents medical costs as a percentage of premium revenue.
(2) Selling, general and administrative (SG&A) expense ratio represents SG&A expenses as a percentage of premium and service revenues.

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