UnitedHealth Group Incorporated

Company Cash Flow

Cash Flow From Operating Activities
	Dec 2007	Dec 2006	Dec 2005	Dec 2004
Net Income (Loss)	4.65B	4.16B	3.30B	2.59B
Operating Gains/Losses	n.a.	n.a.	n.a.	n.a.
Extraordinary Gains / Losses	n.a.	n.a.	n.a.	n.a.
(Increase) Decrease In Receivables	n.a.	n.a.	n.a.	n.a.
(Increase) Decrease in Inventories	n.a.	n.a.	n.a.	n.a.
(Increase) Decrease In Other Current Assets	-580.00M	-411.00M	-83.00M	-30.00M
(Decrease) Increase In Payables	n.a.	n.a.	n.a.	n.a.
(Decrease) Increase In Other Current Liabilities	606.00M	1.88B	489.00M	1.08B
(Increase) Decrease In Other Working Capital	n.a.	n.a.	n.a.	n.a.
Other Non-Cash Items	1.32B	1.16B	453.00M	374.00M
Net Cash From Continuing Operations	n.a.	n.a.	n.a.	n.a.
Net Cash From Discontinued Operations	n.a.	n.a.	n.a.	n.a.
Cash Provided By Investing Activities
Net Cash From Total Operating Activities	5.88B	6.53B	4.33B	4.14B
Sale of Property, Plant & Equipment	n.a.	n.a.	n.a.	n.a.
Cash Used for Investing Activities
Sale of Short-Term Investments	3.36B	4.10B	5.82B	4.12B
Purchases of Property, Plant & Equipment	-871.00M	-676.00M	-509.00M	-350.00M
Acquisitions	-262.00M	-670.00M	-2.92B	-2.22B
Purchases of Short-Term Investments	-6.38B	-4.85B	-5.88B	-3.19B
Other Cash from Investing Activities	0.00	0.00	0.00	0.00
Cash Provided by Financing Activities
Net Cash From Investing Activities	-4.15B	-2.10B	-3.49B	-1.64B
Issuance of Debt	3.58B	3.00B	500.00M	2.00B
Cash Used for Financing Activities
Issuance of Capital Stock	712.00M	397.00M	423.00M	583.00M
Repayment of Long-Term Debt	-960.00M	-91.00M	-400.00M	-150.00M
Repurchase of Capital Stock	-6.60B	-2.34B	-2.56B	-3.45B
Payment of Cash Dividends	-40.00M	-41.00M	-19.00M	-18.00M
Other Financing Charges, Net	120.00M	-446.00M	2.65B	269.00M
Net Cash From Financing Activities	-3.18B	474.00M	593.00M	-762.00M
Effect of Exchange Rate Changes	0.00	0.00	0.00	0.00
Net Change in Cash & Cash Equivalents	4.65B	4.16B	3.30B	2.59B