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10-Q Filing

TENET HEALTHCARE CORP CIK: 70318 Q2 2018
Filing Information
Form Type 10-Q
Accession Number 0000070318-18-000030
Period End Date 20180630
Filing Date 20180806
Fiscal Year 2018
Fiscal Period Q2
XBRL Instance thc-20180630.xml
Filing Contents
Balance Sheet 93 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $898.00M USD Point-in-time
Property and equipment, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $5.02B USD Point-in-time
Property and equipment, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $4.74B USD Point-in-time
Other intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $883.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $611.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $403.00M USD Point-in-time
Other intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $964.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $716.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $475.00M USD Point-in-time
Accounts receivable (less allowance for doubtful accounts of $898 at December 31, 2017) AccountsReceivableNetCurrent $2.62B 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
Accounts receivable (less allowance for doubtful accounts of $898 at December 31, 2017) AccountsReceivableNetCurrent $2.48B USD Point-in-time
Inventories of supplies, at cost InventoryNet $289.00M USD Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 262.50M shares Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 262.50M shares Point-in-time
Inventories of supplies, at cost InventoryNet $298.00M USD Point-in-time
Income tax receivable IncomeTaxesReceivable $28.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 150.70M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 149.38M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $5.00M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $1.02B USD Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.40M shares Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $452.00M USD Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.41M shares Point-in-time
Other current assets OtherAssetsCurrent $1.04B USD Point-in-time
Other current assets OtherAssetsCurrent $1.03B USD Point-in-time
Total current assets AssetsCurrent $4.71B USD Point-in-time
Total current assets AssetsCurrent $5.57B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $1.54B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $1.42B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $348.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $455.00M USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($5,018 at June 30, 2018 and $4,739 at December 31, 2017) PropertyPlantAndEquipmentNet $6.86B USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($5,018 at June 30, 2018 and $4,739 at December 31, 2017) PropertyPlantAndEquipmentNet $7.03B USD Point-in-time
Goodwill Goodwill $7.22B USD Point-in-time
Goodwill Goodwill $7.02B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($964 at June 30, 2018 and $883 at December 31, 2017) IntangibleAssetsNetExcludingGoodwill $1.79B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($964 at June 30, 2018 and $883 at December 31, 2017) IntangibleAssetsNetExcludingGoodwill $1.77B USD Point-in-time
Total assets Assets $23.39B USD Point-in-time
Total assets Assets $22.34B USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $663.00M USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $146.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.05B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.18B USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $711.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $848.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $230.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $200.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $243.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $256.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $480.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $393.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.23B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.07B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.33B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.35B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $14.20B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $14.79B USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $654.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $630.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $536.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $515.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $36.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $36.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $631.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $599.00M USD Point-in-time
Total liabilities Liabilities $20.98B USD Point-in-time
Total liabilities Liabilities $20.34B 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 $1.87B USD Point-in-time
Redeemable noncontrolling interests in equity of consolidated subsidiaries RedeemableNoncontrollingInterestEquityCarryingAmount $1.43B USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 150,698,821 shares issued at June 30, 2018 and 149,384,952 shares issued at December 31, 2017 CommonStockValue $7.00M USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 150,698,821 shares issued at June 30, 2018 and 149,384,952 shares issued at December 31, 2017 CommonStockValue $7.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.86B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.72B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-204.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-243.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.39B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.22B USD Point-in-time
Common stock in treasury, at cost, 48,397,605 shares at June 30, 2018 and 48,413,169 shares at December 31, 2017 TreasuryStockCommonValue $2.42B USD Point-in-time
Common stock in treasury, at cost, 48,397,605 shares at June 30, 2018 and 48,413,169 shares at December 31, 2017 TreasuryStockCommonValue $2.42B USD Point-in-time
Total shareholders equity (deficit) StockholdersEquity $-154.00M USD Point-in-time
Total shareholders equity (deficit) StockholdersEquity $-147.00M USD Point-in-time
Noncontrolling interests MinorityInterest $730.00M USD Point-in-time
Noncontrolling interests MinorityInterest $686.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $576.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.08B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $539.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.05B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $23.39B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $22.34B USD Point-in-time
Income Statement 142 line items
Line Item Tag Value Unit Period
Net operating revenues before provision for doubtful accounts RevenueFromContractWithCustomerExcludingAssessedTax $10.37B USD 2 Qtrs
Net operating revenues before provision for doubtful accounts RevenueFromContractWithCustomerExcludingAssessedTax $5.17B USD 1 Quarter
Less: Provision for doubtful accounts ProvisionForDoubtfulAccounts $754.00M USD 2 Qtrs
Less: Provision for doubtful accounts ProvisionForDoubtfulAccounts $371.00M USD 1 Quarter
Less: Provision for doubtful accounts ProvisionForDoubtfulAccounts - USD 2 Qtrs
Net operating revenues Revenues $9.62B USD 2 Qtrs
Net operating revenues Revenues $4.51B USD 1 Quarter
Net operating revenues Revenues $9.21B USD 2 Qtrs
Net operating revenues Revenues $4.80B USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $57.00M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $39.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $28.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $64.00M USD 2 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $4.36B USD 2 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $2.35B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $2.13B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $4.73B USD 2 Qtrs
Supplies DirectOperatingMaintenanceSuppliesCosts $1.52B USD 2 Qtrs
Supplies DirectOperatingMaintenanceSuppliesCosts $748.00M USD 1 Quarter
Supplies DirectOperatingMaintenanceSuppliesCosts $780.00M USD 1 Quarter
Supplies DirectOperatingMaintenanceSuppliesCosts $1.54B USD 2 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $1.16B USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $1.03B USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $2.35B USD 2 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $2.09B USD 2 Qtrs
Electronic health record incentives ElectronicHealthRecordIncentives $7.00M USD 2 Qtrs
Electronic health record incentives ElectronicHealthRecordIncentives - USD 1 Quarter
Electronic health record incentives ElectronicHealthRecordIncentives $1.00M USD 2 Qtrs
Electronic health record incentives ElectronicHealthRecordIncentives $6.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $443.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $398.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $194.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $222.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $30.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $77.00M 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 $74.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-13.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-6.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-1.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-19.00M USD 2 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $8.00M USD 1 Quarter
Net gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $23.00M USD 1 Quarter
Net gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $118.00M USD 2 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $38.00M USD 2 Qtrs
Operating income OperatingIncomeLoss $310.00M USD 1 Quarter
Operating income OperatingIncomeLoss $577.00M USD 2 Qtrs
Operating income OperatingIncomeLoss $406.00M USD 1 Quarter
Operating income OperatingIncomeLoss $923.00M USD 2 Qtrs
Interest expense InterestExpense $518.00M USD 2 Qtrs
Interest expense InterestExpense $254.00M USD 1 Quarter
Interest expense InterestExpense $260.00M USD 1 Quarter
Interest expense InterestExpense $509.00M USD 2 Qtrs
Other non-operating expense, net OtherNonoperatingIncomeExpense $-10.00M USD 2 Qtrs
Other non-operating expense, net OtherNonoperatingIncomeExpense $-1.00M USD 1 Quarter
Other non-operating expense, net OtherNonoperatingIncomeExpense $-2.00M USD 2 Qtrs
Other non-operating expense, net OtherNonoperatingIncomeExpense $-5.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-26.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-26.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-2.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.00M USD 1 Quarter
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $23.00M USD 2 Qtrs
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $19.00M USD 1 Quarter
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $150.00M USD 1 Quarter
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $410.00M USD 2 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $114.00M USD 2 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $44.00M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $-45.00M USD 2 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $-12.00M USD 1 Quarter
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $68.00M USD 2 Qtrs
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $31.00M USD 1 Quarter
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $296.00M USD 2 Qtrs
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $106.00M USD 1 Quarter
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax - USD 2 Qtrs
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $3.00M USD 2 Qtrs
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $2.00M USD 1 Quarter
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $2.00M USD 1 Quarter
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation $1.00M USD 1 Quarter
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation - USD 2 Qtrs
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation - USD 2 Qtrs
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation - USD 1 Quarter
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax - USD 2 Qtrs
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $2.00M USD 1 Quarter
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $1.00M USD 1 Quarter
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $3.00M USD 2 Qtrs
Net income ProfitLoss $108.00M USD 1 Quarter
Net income ProfitLoss $299.00M USD 2 Qtrs
Net income ProfitLoss $68.00M USD 2 Qtrs
Net income ProfitLoss $32.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $82.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $176.00M USD 2 Qtrs
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $87.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $174.00M USD 2 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $125.00M USD 2 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-108.00M USD 2 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $26.00M USD 1 Quarter
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-55.00M USD 1 Quarter
Income (loss) from continuing operations, net of tax IncomeLossFromContinuingOperations $-56.00M USD 1 Quarter
Income (loss) from continuing operations, net of tax IncomeLossFromContinuingOperations $24.00M USD 1 Quarter
Income (loss) from continuing operations, net of tax IncomeLossFromContinuingOperations $122.00M USD 2 Qtrs
Income (loss) from continuing operations, net of tax IncomeLossFromContinuingOperations $-108.00M USD 2 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $2.00M USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 2 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $1.00M USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $3.00M USD 2 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $125.00M USD 2 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-108.00M USD 2 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $26.00M USD 1 Quarter
Net income available (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 $-1.08 USD 2 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.23 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $1.20 USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.02 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.03 USD 2 Qtrs
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 $1.23 USD 2 Qtrs
Total loss per share, Basic (in dollars per share) EarningsPerShareBasic $-0.55 USD 1 Quarter
Total loss per share, Basic (in dollars per share) EarningsPerShareBasic $0.25 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.23 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.18 USD 2 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.56 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-1.08 USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.03 USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.02 USD 1 Quarter
Total loss per share, Diluted (in dollars per share) EarningsPerShareDiluted $1.21 USD 2 Qtrs
Total loss per share, Diluted (in dollars per share) EarningsPerShareDiluted $-0.55 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 $0.25 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 101.77M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 102.15M 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 103.42M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 100.31M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 104.18M shares 1 Quarter
Cash Flow Statement 108 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $108.00M USD 1 Quarter
Net income ProfitLoss $299.00M USD 2 Qtrs
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 $398.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $194.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $222.00M USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $754.00M USD 2 Qtrs
Provision for doubtful accounts ProvisionForDoubtfulAccounts $371.00M USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts - USD 2 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-81.00M USD 2 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $108.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $20.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $29.00M USD 2 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $30.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $77.00M 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 $74.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-13.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-6.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-1.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-19.00M USD 2 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $8.00M USD 1 Quarter
Net gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $23.00M USD 1 Quarter
Net gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $118.00M USD 2 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $38.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-26.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-26.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-2.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-4.00M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-10.00M USD 2 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $22.00M USD 2 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $22.00M USD 2 Qtrs
Pre-tax income from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $3.00M USD 2 Qtrs
Pre-tax income from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax - USD 2 Qtrs
Other items, net OtherNoncashIncomeExpense $1.00M USD 2 Qtrs
Other items, net OtherNoncashIncomeExpense $25.00M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $673.00M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $13.00M USD 2 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $-144.00M USD 2 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $-160.00M USD 2 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $18.00M USD 2 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $7.00M USD 2 Qtrs
Accounts payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-371.00M USD 2 Qtrs
Accounts payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-345.00M USD 2 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $48.00M USD 2 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $-48.00M USD 2 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $63.00M USD 2 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $62.00M USD 2 Qtrs
Net cash used in operating activities from discontinued operations, excluding income taxes CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-3.00M 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 $461.00M USD 2 Qtrs
Purchases of property and equipment continuing operations PaymentsToAcquirePropertyPlantAndEquipment $268.00M USD 2 Qtrs
Purchases of property and equipment continuing operations PaymentsToAcquirePropertyPlantAndEquipment $348.00M USD 2 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $26.00M USD 2 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $89.00M USD 2 Qtrs
Proceeds from sales of facilities and other assets ProceedsFromDivestitureOfBusinesses $74.00M USD 2 Qtrs
Proceeds from sales of facilities and other assets ProceedsFromDivestitureOfBusinesses $481.00M USD 2 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $143.00M 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 $37.00M 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 $10.00M USD 2 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $8.00M USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $225.00M USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-308.00M USD 2 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $360.00M USD 2 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $100.00M USD 2 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $100.00M USD 2 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $360.00M USD 2 Qtrs
Repayments of other borrowings RepaymentsOfLongTermDebtAndCapitalSecurities $1.03B USD 2 Qtrs
Repayments of other borrowings RepaymentsOfLongTermDebtAndCapitalSecurities $161.00M USD 2 Qtrs
Proceeds from other borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $14.00M USD 2 Qtrs
Proceeds from other borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $837.00M USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $29.00M USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts - USD 2 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $123.00M USD 2 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $140.00M USD 2 Qtrs
Proceeds from sales of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $14.00M USD 2 Qtrs
Proceeds from sales of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $7.00M USD 2 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders $642.00M USD 2 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders $5.00M USD 2 Qtrs
Proceeds from exercise of stock options and employee stock purchase plan ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $3.00M USD 2 Qtrs
Proceeds from exercise of stock options and employee stock purchase plan ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $14.00M USD 2 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $14.00M 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 $-894.00M USD 2 Qtrs
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-241.00M USD 2 Qtrs
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-208.00M USD 2 Qtrs
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $611.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $403.00M 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 $475.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $611.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $403.00M 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 $475.00M USD Point-in-time
Interest paid, net of capitalized interest InterestPaidNet $501.00M USD 2 Qtrs
Interest paid, net of capitalized interest InterestPaidNet $468.00M USD 2 Qtrs
Income tax payments, net IncomeTaxesPaidNet $44.00M USD 2 Qtrs
Income tax payments, net IncomeTaxesPaidNet $21.00M USD 2 Qtrs
Comprehensive Income 40 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $108.00M USD 1 Quarter
Net income ProfitLoss $299.00M USD 2 Qtrs
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 $4.00M 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 $4.00M USD 1 Quarter
Unrealized gains on securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $3.00M USD 2 Qtrs
Unrealized gains on securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.00M USD 1 Quarter
Unrealized gains on securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax - USD 2 Qtrs
Unrealized gains on securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax - USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $-9.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $6.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $-3.00M USD 2 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $9.00M USD 2 Qtrs
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTax $20.00M USD 2 Qtrs
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTax $11.00M USD 1 Quarter
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTax $-5.00M USD 1 Quarter
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTax $5.00M USD 2 Qtrs
Income tax benefit (expense) related to items of other comprehensive income OtherComprehensiveIncomeLossTax $4.00M USD 2 Qtrs
Income tax benefit (expense) related to items of other comprehensive income OtherComprehensiveIncomeLossTax $1.00M USD 2 Qtrs
Income tax benefit (expense) related to items of other comprehensive income OtherComprehensiveIncomeLossTax $-2.00M USD 1 Quarter
Income tax benefit (expense) related to items of other comprehensive income OtherComprehensiveIncomeLossTax $-1.00M USD 1 Quarter
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-4.00M USD 1 Quarter
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $4.00M USD 2 Qtrs
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $13.00M USD 1 Quarter
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $16.00M USD 2 Qtrs
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $84.00M USD 2 Qtrs
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $303.00M USD 2 Qtrs
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $104.00M USD 1 Quarter
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $45.00M USD 1 Quarter
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $82.00M USD 1 Quarter
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $174.00M USD 2 Qtrs
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $176.00M USD 2 Qtrs
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $87.00M USD 1 Quarter
Comprehensive income available (loss attributable) to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $129.00M USD 2 Qtrs
Comprehensive income available (loss attributable) to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-42.00M USD 1 Quarter
Comprehensive income available (loss attributable) to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $22.00M USD 1 Quarter
Comprehensive income available (loss attributable) to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-92.00M USD 2 Qtrs

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

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