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10-Q Filing

TENET HEALTHCARE CORP CIK: 70318 Q2 2017
Filing Information
Form Type 10-Q
Accession Number 0000070318-17-000012
Period End Date 20170630
Filing Date 20170807
Fiscal Year 2017
Fiscal Period Q2
XBRL Instance thc-20170630.xml
Filing Contents
Balance Sheet 96 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $1.03B USD Point-in-time
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $966.00M USD Point-in-time
Property and equipment, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $4.83B USD Point-in-time
Property and equipment, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $4.97B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $656.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $475.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $716.00M USD Point-in-time
Other intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $772.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $356.00M USD Point-in-time
Other intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $839.00M USD Point-in-time
Accounts receivable, less allowance for doubtful accounts ($966 at June 30, 2017 and $1,031 at December 31, 2016) AccountsReceivableNetCurrent $2.71B USD Point-in-time
Accounts receivable, less allowance for doubtful accounts ($966 at June 30, 2017 and $1,031 at December 31, 2016) AccountsReceivableNetCurrent $2.90B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.05 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.05 USD Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 262.50M shares Point-in-time
Inventories of supplies, at cost InventoryNet $326.00M USD Point-in-time
Inventories of supplies, at cost InventoryNet $316.00M USD Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 262.50M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 149.13M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $7.00M USD Point-in-time
Income tax receivable IncomeTaxesReceivable $4.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 148.11M shares Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.42M shares Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $29.00M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $705.00M USD Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.42M shares Point-in-time
Other current assets OtherAssetsCurrent $1.28B USD Point-in-time
Other current assets OtherAssetsCurrent $1.17B USD Point-in-time
Total current assets AssetsCurrent $5.26B USD Point-in-time
Total current assets AssetsCurrent $5.38B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $1.25B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $1.24B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $1.02B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $871.00M USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($4,826 at June 30, 2017 and $4,974 at December 31, 2016) PropertyPlantAndEquipmentNet $7.74B USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($4,826 at June 30, 2017 and $4,974 at December 31, 2016) PropertyPlantAndEquipmentNet $8.05B USD Point-in-time
Goodwill Goodwill $7.16B USD Point-in-time
Goodwill Goodwill $7.42B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($839 at June 30, 2017 and $772 at December 31, 2016) IntangibleAssetsNetExcludingGoodwill $1.81B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($839 at June 30, 2017 and $772 at December 31, 2016) IntangibleAssetsNetExcludingGoodwill $1.84B USD Point-in-time
Total assets Assets $24.70B USD Point-in-time
Total assets Assets $24.34B USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $191.00M USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $143.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.33B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.09B USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $749.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $872.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $208.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $181.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $210.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $238.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $9.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $51.00M USD Point-in-time
Accrued legal settlement costs LitigationReserveCurrent $8.00M USD Point-in-time
Accrued legal settlement costs LitigationReserveCurrent $1.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.86B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.23B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.03B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.34B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $15.01B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $15.06B USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $613.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $644.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $618.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $626.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $296.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $279.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $610.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $598.00M USD Point-in-time
Total liabilities Liabilities $21.23B USD Point-in-time
Total liabilities Liabilities $21.50B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests in equity of consolidated subsidiaries RedeemableNoncontrollingInterestEquityCarryingAmount $2.39B USD Point-in-time
Redeemable noncontrolling interests in equity of consolidated subsidiaries RedeemableNoncontrollingInterestEquityCarryingAmount $1.78B USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 149,127,794 shares issued at June 30, 2017 and 148,106,249 shares issued at December 31, 2016 CommonStockValue $7.00M USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 149,127,794 shares issued at June 30, 2017 and 148,106,249 shares issued at December 31, 2016 CommonStockValue $7.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.82B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.83B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-258.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-242.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.79B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.74B USD Point-in-time
Common stock in treasury, at cost, 48,417,575 shares at June 30, 2017 and 48,420,650 shares at December 31, 2016 TreasuryStockCommonValue $2.42B USD Point-in-time
Common stock in treasury, at cost, 48,417,575 shares at June 30, 2017 and 48,420,650 shares at December 31, 2016 TreasuryStockCommonValue $2.42B USD Point-in-time
Total shareholders equity StockholdersEquity $373.00M USD Point-in-time
Total shareholders equity StockholdersEquity $417.00M USD Point-in-time
Noncontrolling interests MinorityInterest $682.00M USD Point-in-time
Noncontrolling interests MinorityInterest $665.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.15B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.08B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.05B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $958.00M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $24.34B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $24.70B USD Point-in-time
Income Statement 144 line items
Line Item Tag Value Unit Period
Net operating revenues before provision for doubtful accounts HealthCareOrganizationRevenue $5.22B USD 1 Quarter
Net operating revenues before provision for doubtful accounts HealthCareOrganizationRevenue $10.37B USD 2 Qtrs
Net operating revenues before provision for doubtful accounts HealthCareOrganizationRevenue $5.17B USD 1 Quarter
Net operating revenues before provision for doubtful accounts HealthCareOrganizationRevenue $10.64B USD 2 Qtrs
Less: Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $754.00M USD 2 Qtrs
Less: Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $352.00M USD 1 Quarter
Less: Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $728.00M USD 2 Qtrs
Less: Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $371.00M USD 1 Quarter
Net operating revenues HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions $4.80B USD 1 Quarter
Net operating revenues HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions $9.91B USD 2 Qtrs
Net operating revenues HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions $4.87B USD 1 Quarter
Net operating revenues HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions $9.62B USD 2 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $54.00M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $30.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $57.00M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $28.00M USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $4.70B USD 2 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $4.73B USD 2 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $2.31B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $2.35B USD 1 Quarter
Supplies HealthCareOrganizationMedicalSuppliesAndDrugsExpense $773.00M USD 1 Quarter
Supplies HealthCareOrganizationMedicalSuppliesAndDrugsExpense $1.54B USD 2 Qtrs
Supplies HealthCareOrganizationMedicalSuppliesAndDrugsExpense $780.00M USD 1 Quarter
Supplies HealthCareOrganizationMedicalSuppliesAndDrugsExpense $1.58B USD 2 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $2.35B USD 2 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $2.46B USD 2 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $1.21B USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $1.16B USD 1 Quarter
Electronic health record incentives ElectronicHealthRecordIncentives $21.00M USD 2 Qtrs
Electronic health record incentives ElectronicHealthRecordIncentives $21.00M USD 1 Quarter
Electronic health record incentives ElectronicHealthRecordIncentives $6.00M USD 1 Quarter
Electronic health record incentives ElectronicHealthRecordIncentives $7.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $443.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $215.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $427.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $222.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $22.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $74.00M USD 2 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $41.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $50.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-287.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-1.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-114.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-6.00M USD 2 Qtrs
Gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $148.00M USD 2 Qtrs
Gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $1.00M USD 1 Quarter
Gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $38.00M USD 2 Qtrs
Gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $23.00M USD 1 Quarter
Operating income OperatingIncomeLoss $274.00M USD 1 Quarter
Operating income OperatingIncomeLoss $577.00M USD 2 Qtrs
Operating income OperatingIncomeLoss $628.00M USD 2 Qtrs
Operating income OperatingIncomeLoss $310.00M USD 1 Quarter
Interest expense InterestExpense $260.00M USD 1 Quarter
Interest expense InterestExpense $487.00M USD 2 Qtrs
Interest expense InterestExpense $244.00M USD 1 Quarter
Interest expense InterestExpense $518.00M USD 2 Qtrs
Other non-operating expense, net OtherNonoperatingIncomeExpense $-5.00M USD 1 Quarter
Other non-operating expense, net OtherNonoperatingIncomeExpense $-11.00M USD 2 Qtrs
Other non-operating expense, net OtherNonoperatingIncomeExpense $-5.00M USD 1 Quarter
Other non-operating expense, net OtherNonoperatingIncomeExpense $-10.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-26.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-26.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 2 Qtrs
Net income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $19.00M USD 1 Quarter
Net income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $130.00M USD 2 Qtrs
Net income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $25.00M USD 1 Quarter
Net income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $23.00M USD 2 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $51.00M USD 2 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $-45.00M USD 2 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $-16.00M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $-12.00M USD 1 Quarter
Net income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $41.00M USD 1 Quarter
Net income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $31.00M USD 1 Quarter
Net income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $79.00M USD 2 Qtrs
Net income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $68.00M USD 2 Qtrs
Income (loss) from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $2.00M USD 1 Quarter
Income (loss) from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax - USD 2 Qtrs
Income (loss) from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-2.00M USD 1 Quarter
Income (loss) from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-7.00M USD 2 Qtrs
Income tax benefit (expense) DiscontinuedOperationTaxEffectOfDiscontinuedOperation $-1.00M USD 2 Qtrs
Income tax benefit (expense) DiscontinuedOperationTaxEffectOfDiscontinuedOperation - USD 2 Qtrs
Income tax benefit (expense) DiscontinuedOperationTaxEffectOfDiscontinuedOperation $1.00M USD 1 Quarter
Income tax benefit (expense) DiscontinuedOperationTaxEffectOfDiscontinuedOperation - USD 1 Quarter
Net income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax - USD 2 Qtrs
Net income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-6.00M USD 2 Qtrs
Net income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-2.00M USD 1 Quarter
Net income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $1.00M USD 1 Quarter
Net income ProfitLoss $73.00M USD 2 Qtrs
Net income ProfitLoss $39.00M USD 1 Quarter
Net income ProfitLoss $68.00M USD 2 Qtrs
Net income ProfitLoss $32.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $178.00M USD 2 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $176.00M USD 2 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $87.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $85.00M USD 1 Quarter
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-108.00M USD 2 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-46.00M USD 1 Quarter
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-105.00M USD 2 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-55.00M USD 1 Quarter
Net loss from continuing operations, net of tax IncomeLossFromContinuingOperations $-56.00M USD 1 Quarter
Net loss from continuing operations, net of tax IncomeLossFromContinuingOperations $-108.00M USD 2 Qtrs
Net loss from continuing operations, net of tax IncomeLossFromContinuingOperations $-99.00M USD 2 Qtrs
Net loss from continuing operations, net of tax IncomeLossFromContinuingOperations $-44.00M USD 1 Quarter
Net income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-2.00M USD 1 Quarter
Net income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 2 Qtrs
Net income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-6.00M USD 2 Qtrs
Net income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $1.00M USD 1 Quarter
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-108.00M USD 2 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-46.00M USD 1 Quarter
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-105.00M USD 2 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-55.00M USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.56 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-1.00 USD 2 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.44 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-1.08 USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.02 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.06 USD 2 Qtrs
Total loss per share, Basic (in dollars per share) EarningsPerShareBasic $-1.06 USD 2 Qtrs
Total loss per share, Basic (in dollars per share) EarningsPerShareBasic $-0.46 USD 1 Quarter
Total loss per share, Basic (in dollars per share) EarningsPerShareBasic $-1.08 USD 2 Qtrs
Total loss per share, Basic (in dollars per share) EarningsPerShareBasic $-0.55 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.56 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-1.08 USD 2 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-1.00 USD 2 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.44 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.06 USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.02 USD 1 Quarter
Total loss per share, Diluted (in dollars per share) EarningsPerShareDiluted $-1.06 USD 2 Qtrs
Total loss per share, Diluted (in dollars per share) EarningsPerShareDiluted $-0.46 USD 1 Quarter
Total loss per share, Diluted (in dollars per share) EarningsPerShareDiluted $-1.08 USD 2 Qtrs
Total loss per share, Diluted (in dollars per share) EarningsPerShareDiluted $-0.55 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 99.05M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 99.34M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 100.31M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 100.61M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 100.61M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 99.34M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 100.31M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 99.05M shares 2 Qtrs
Cash Flow Statement 108 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $73.00M USD 2 Qtrs
Net income ProfitLoss $39.00M USD 1 Quarter
Net income ProfitLoss $68.00M USD 2 Qtrs
Net income ProfitLoss $32.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $443.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $215.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $427.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $222.00M USD 1 Quarter
Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $754.00M USD 2 Qtrs
Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $352.00M USD 1 Quarter
Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $728.00M USD 2 Qtrs
Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $371.00M USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-81.00M USD 2 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $37.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $29.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $35.00M USD 2 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $22.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $74.00M USD 2 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $41.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $50.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-287.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-1.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-114.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-6.00M USD 2 Qtrs
Gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $148.00M USD 2 Qtrs
Gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $1.00M USD 1 Quarter
Gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $38.00M USD 2 Qtrs
Gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $23.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-26.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-26.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 2 Qtrs
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-10.00M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-4.00M USD 2 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $21.00M USD 2 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $22.00M USD 2 Qtrs
Pre-tax loss from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $-7.00M USD 2 Qtrs
Pre-tax loss from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax - USD 2 Qtrs
Other items, net OtherNoncashIncomeExpense $25.00M USD 2 Qtrs
Other items, net OtherNoncashIncomeExpense $2.00M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $725.00M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $673.00M USD 2 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $-160.00M USD 2 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $30.00M USD 2 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $17.00M USD 2 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $7.00M USD 2 Qtrs
Accounts payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-345.00M USD 2 Qtrs
Accounts payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-106.00M USD 2 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $48.00M USD 2 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $34.00M USD 2 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $62.00M USD 2 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $99.00M USD 2 Qtrs
Net cash used in operating activities from discontinued operations, excluding income taxes CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations - USD 2 Qtrs
Net cash used in operating activities from discontinued operations, excluding income taxes CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-2.00M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $401.00M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $582.00M USD 2 Qtrs
Purchases of property and equipment continuing operations PaymentsToAcquirePropertyPlantAndEquipment $348.00M USD 2 Qtrs
Purchases of property and equipment continuing operations PaymentsToAcquirePropertyPlantAndEquipment $413.00M USD 2 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $94.00M USD 2 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $26.00M USD 2 Qtrs
Proceeds from sales of facilities and other assets ProceedsFromDivestitureOfBusinesses $573.00M USD 2 Qtrs
Proceeds from sales of facilities and other assets ProceedsFromDivestitureOfBusinesses $74.00M USD 2 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $24.00M USD 2 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $16.00M USD 2 Qtrs
Purchases of equity investments PaymentsToAcquireEquityMethodInvestments $35.00M USD 2 Qtrs
Purchases of equity investments PaymentsToAcquireEquityMethodInvestments $2.00M USD 2 Qtrs
Other long-term assets PaymentsForProceedsFromProductiveAssets $12.00M USD 2 Qtrs
Other long-term assets PaymentsForProceedsFromProductiveAssets $3.00M USD 2 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $-2.00M USD 2 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $10.00M USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-308.00M USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $54.00M USD 2 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $1.20B USD 2 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $100.00M USD 2 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $1.20B USD 2 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $100.00M USD 2 Qtrs
Repayments of other borrowings RepaymentsOfLongTermDebtAndCapitalSecurities $1.03B USD 2 Qtrs
Repayments of other borrowings RepaymentsOfLongTermDebtAndCapitalSecurities $76.00M USD 2 Qtrs
Proceeds from other borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $837.00M USD 2 Qtrs
Proceeds from other borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet - USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts - USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $29.00M USD 2 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $123.00M USD 2 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $95.00M USD 2 Qtrs
Proceeds from sales of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $14.00M USD 2 Qtrs
Proceeds from sales of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $15.00M USD 2 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders $5.00M USD 2 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders $177.00M USD 2 Qtrs
Proceeds from employee stock plan purchases ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $3.00M USD 2 Qtrs
Proceeds from employee stock plan purchases ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $3.00M USD 2 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $-6.00M USD 2 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $-2.00M USD 2 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-334.00M USD 2 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-336.00M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-241.00M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $300.00M USD 2 Qtrs
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $656.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $475.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $716.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $356.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $656.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $475.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $716.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $356.00M USD Point-in-time
Interest paid, net of capitalized interest InterestPaidNet $468.00M USD 2 Qtrs
Interest paid, net of capitalized interest InterestPaidNet $467.00M USD 2 Qtrs
Income tax payments, net IncomeTaxesPaidNet $44.00M USD 2 Qtrs
Income tax payments, net IncomeTaxesPaidNet $29.00M USD 2 Qtrs
Comprehensive Income 40 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $73.00M USD 2 Qtrs
Net income ProfitLoss $39.00M USD 1 Quarter
Net income ProfitLoss $68.00M USD 2 Qtrs
Net income ProfitLoss $32.00M USD 1 Quarter
Amortization of net actuarial loss included in other non-operating expense, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $8.00M USD 2 Qtrs
Amortization of net actuarial loss included in other non-operating expense, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $3.00M USD 2 Qtrs
Amortization of net actuarial loss included in other non-operating expense, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $3.00M USD 1 Quarter
Amortization of net actuarial loss included in other non-operating expense, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $4.00M USD 1 Quarter
Unrealized gains (losses) on securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-2.00M USD 1 Quarter
Unrealized gains (losses) on securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $3.00M USD 2 Qtrs
Unrealized gains (losses) on securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.00M USD 1 Quarter
Unrealized gains (losses) on securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.00M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $-41.00M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $6.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $9.00M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $-43.00M USD 1 Quarter
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTax $-37.00M USD 2 Qtrs
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTax $11.00M USD 1 Quarter
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTax $20.00M USD 2 Qtrs
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTax $-42.00M USD 1 Quarter
Income tax benefit (expense) related to items of other comprehensive income (loss) OtherComprehensiveIncomeLossTax $4.00M USD 2 Qtrs
Income tax benefit (expense) related to items of other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-2.00M USD 1 Quarter
Income tax benefit (expense) related to items of other comprehensive income (loss) OtherComprehensiveIncomeLossTax $1.00M USD 1 Quarter
Income tax benefit (expense) related to items of other comprehensive income (loss) OtherComprehensiveIncomeLossTax $2.00M USD 2 Qtrs
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $16.00M USD 2 Qtrs
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-43.00M USD 1 Quarter
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $13.00M USD 1 Quarter
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-39.00M USD 2 Qtrs
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $45.00M USD 1 Quarter
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-4.00M USD 1 Quarter
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $34.00M USD 2 Qtrs
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $84.00M USD 2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $176.00M USD 2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $87.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $178.00M USD 2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $85.00M USD 1 Quarter
Comprehensive loss attributable to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-42.00M USD 1 Quarter
Comprehensive loss attributable to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-89.00M USD 1 Quarter
Comprehensive loss attributable to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-92.00M USD 2 Qtrs
Comprehensive loss attributable to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-144.00M USD 2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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