Extremely strong operating earnings and interest coverage, with EBIT interest coverage of 22.3x in 2005, and 14.4 in the first three quarters of 2006. Net dividends from subsidiaries of more than $2.2 billion in 2005. Cash dividends from UnitedHealth Group Inc.'s largest operating subsidiary, United HealthCare Insurance Co., were $1.1 billion in 2005. The organization has diversified sources of revenue, both unregulated and regulated, by geographic region, business segment, and legal entity. In addition, the company is growing the portion of information- and administration-based businesses not related to the same commercial customer base to which it supplies medical benefits and administration. Debt to capitalization ratio was 27.3% on Sept. 30, 2006. Debt to annualized EBITDA was strong at 1.0x on
