2015 in Review

“CVS Health enjoyed a successful 2015 that was highlighted by excellent performance across our enterprise and two key acquisitions that support our strategy for growth in an evolving health care market. That strategy is focused on creating superior value for patients, payors, and providers through an unmatched suite of integrated assets.”

Larry Merlo, President and Chief Executive Officer

Letter to Shareholders

Financial Highlights

Net Revenues

$153.3b

Financial Highlights

Diluted EPS from continuing operations

4.62

(in dollars)

Financial Highlights

Annual cash dividends

1.40

(in dollars per common share)

Health care is our business, and better health is our purpose. So when we develop solutions for the substantial challenges facing patients, payors, and providers, we begin with more than just a focus on the bottom line. We also start...with heart.

Prescription for a Better World

Our approach to CSR ties directly to our business purpose of helping people on their path to better health. As a pharmacy innovation company, we are working every day to provide people with high quality pharmacy and basic health care services, and to make these services accessible and affordable. Our Prescription for a Better World aligns with this purpose and extends to our sustainable business operations, workplace, supply chain and communities. Our Prescription for a Better World framework is organized around three key pillars: building healthy communities, protecting the planet and creating economic opportunities.