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10-Q Filing

TENET HEALTHCARE CORP CIK: 70318 Q2 2020
Filing Information
Form Type 10-Q
Accession Number 0000070318-20-000036
Period End Date 20200630
Filing Date 20200803
Fiscal Year 2020
Fiscal Period Q2
XBRL Instance thc-20200630_htm.xml
Filing Contents
Balance Sheet 94 line items
Line Item Tag Value Unit Period
Property and equipment, accumulated depreciation and amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $5.76B USD Point-in-time
Property and equipment, accumulated depreciation and amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $5.50B USD Point-in-time
Other intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $1.09B USD Point-in-time
Other intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $1.16B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $262.00M 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
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.51B USD Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 262.50M shares Point-in-time
Accounts receivable AccountsReceivableNetCurrent $2.74B USD Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 262.50M shares Point-in-time
Accounts receivable AccountsReceivableNetCurrent $2.44B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 153.24M shares Point-in-time
Inventories of supplies, at cost InventoryNet $337.00M USD Point-in-time
Inventories of supplies, at cost InventoryNet $310.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 152.54M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $10.00M USD Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.34M shares Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.34M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $18.00M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $378.00M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $387.00M USD Point-in-time
Other current assets OtherAssetsCurrent $1.26B USD Point-in-time
Other current assets OtherAssetsCurrent $1.37B USD Point-in-time
Total current assets AssetsCurrent $5.08B USD Point-in-time
Total current assets AssetsCurrent $7.95B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $2.37B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $2.46B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $232.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $183.00M USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($5,759 at June 30, 2020 and $5,498 at December 31, 2019) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $6.70B USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($5,759 at June 30, 2020 and $5,498 at December 31, 2019) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $6.88B USD Point-in-time
Goodwill Goodwill $7.30B USD Point-in-time
Goodwill Goodwill $7.25B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($1,163 at June 30, 2020 and $1,092 at December 31, 2019) IntangibleAssetsNetExcludingGoodwill $1.60B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($1,163 at June 30, 2020 and $1,092 at December 31, 2019) IntangibleAssetsNetExcludingGoodwill $1.60B USD Point-in-time
Total assets Assets $26.25B USD Point-in-time
Total assets Assets $23.36B USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $171.00M USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $160.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.20B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.02B USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $877.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $699.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $292.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $330.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $245.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $257.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $93.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $44.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $1.50B USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $61.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.57B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.27B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.21B USD Point-in-time
Total current liabilities LiabilitiesCurrent $5.58B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $14.58B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $15.73B USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $635.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $649.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $541.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $560.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $27.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $27.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $1.42B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $1.53B USD Point-in-time
Total liabilities Liabilities $24.06B USD Point-in-time
Total liabilities Liabilities $21.42B 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 $1.51B USD Point-in-time
Redeemable noncontrolling interests in equity of consolidated subsidiaries RedeemableNoncontrollingInterestEquityCarryingAmount $1.56B USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 153,242,552 shares issued at June 30, 2020 and 152,540,815 shares issued at December 31, 2019 CommonStockValue $7.00M USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 153,242,552 shares issued at June 30, 2020 and 152,540,815 shares issued at December 31, 2019 CommonStockValue $7.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.76B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.75B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-257.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-255.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.35B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.51B USD Point-in-time
Common stock in treasury, at cost, 48,341,041 shares at June 30, 2020 and 48,344,195 shares at December 31, 2019 TreasuryStockCommonValue $2.41B USD Point-in-time
Common stock in treasury, at cost, 48,341,041 shares at June 30, 2020 and 48,344,195 shares at December 31, 2019 TreasuryStockCommonValue $2.41B USD Point-in-time
Total shareholders deficit StockholdersEquity $-417.00M USD Point-in-time
Total shareholders deficit StockholdersEquity $-257.00M USD Point-in-time
Noncontrolling interests MinorityInterest $890.00M USD Point-in-time
Noncontrolling interests MinorityInterest $854.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $624.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $670.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $503.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $618.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $633.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $437.00M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $23.36B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $26.25B USD Point-in-time
Income Statement 136 line items
Line Item Tag Value Unit Period
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $9.11B USD 2 Qtrs
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $3.65B USD 1 Quarter
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $4.56B USD 1 Quarter
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $8.17B USD 2 Qtrs
Grant income RevenueNotFromContractWithCustomer $511.00M USD 1 Quarter
Grant income RevenueNotFromContractWithCustomer $511.00M USD 2 Qtrs
Grant income RevenueNotFromContractWithCustomer - USD 2 Qtrs
Grant income RevenueNotFromContractWithCustomer - USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $31.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $76.00M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $42.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $59.00M USD 2 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $1.86B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $4.30B USD 2 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $4.05B USD 2 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $2.15B USD 1 Quarter
Supplies SuppliesExpense $1.49B USD 2 Qtrs
Supplies SuppliesExpense $611.00M USD 1 Quarter
Supplies SuppliesExpense $1.37B USD 2 Qtrs
Supplies SuppliesExpense $753.00M USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $2.00B USD 2 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $2.10B USD 2 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $983.00M USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $1.03B USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $422.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $206.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $214.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $409.00M USD 2 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $54.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $55.00M USD 2 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $36.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $109.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-18.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-2.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-4.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-31.00M USD 2 Qtrs
Net losses (gains) on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $-1.00M USD 1 Quarter
Net losses (gains) on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $3.00M USD 2 Qtrs
Net losses (gains) on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $-2.00M USD 2 Qtrs
Net losses (gains) on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $1.00M USD 1 Quarter
Operating income OperatingIncomeLoss $781.00M USD 2 Qtrs
Operating income OperatingIncomeLoss $400.00M USD 1 Quarter
Operating income OperatingIncomeLoss $471.00M USD 1 Quarter
Operating income OperatingIncomeLoss $798.00M USD 2 Qtrs
Interest expense InterestExpense $498.00M USD 2 Qtrs
Interest expense InterestExpense $247.00M USD 1 Quarter
Interest expense InterestExpense $498.00M USD 2 Qtrs
Interest expense InterestExpense $255.00M USD 1 Quarter
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $2.00M USD 1 Quarter
Other non-operating income (expense), net OtherNonoperatingIncomeExpense - USD 2 Qtrs
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $3.00M USD 2 Qtrs
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $-1.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-4.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-4.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-47.00M USD 2 Qtrs
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $152.00M USD 1 Quarter
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $299.00M USD 2 Qtrs
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $214.00M USD 1 Quarter
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $236.00M USD 2 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $33.00M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $53.00M USD 2 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $-30.00M USD 2 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $45.00M USD 1 Quarter
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $329.00M USD 2 Qtrs
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $119.00M USD 1 Quarter
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $183.00M USD 2 Qtrs
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $169.00M USD 1 Quarter
Income (loss) from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax - USD 1 Quarter
Income (loss) from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $12.00M USD 2 Qtrs
Income (loss) from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-1.00M USD 2 Qtrs
Income (loss) from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $2.00M USD 1 Quarter
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation $2.00M USD 2 Qtrs
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation - USD 1 Quarter
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation - USD 2 Qtrs
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation - USD 1 Quarter
Income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $10.00M USD 2 Qtrs
Income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax - USD 1 Quarter
Income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $2.00M USD 1 Quarter
Income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-1.00M USD 2 Qtrs
Net income ProfitLoss $328.00M USD 2 Qtrs
Net income ProfitLoss $169.00M USD 1 Quarter
Net income ProfitLoss $193.00M USD 2 Qtrs
Net income ProfitLoss $121.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $179.00M USD 2 Qtrs
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $147.00M USD 2 Qtrs
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $81.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $95.00M USD 1 Quarter
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $181.00M USD 2 Qtrs
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $88.00M USD 1 Quarter
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $26.00M USD 1 Quarter
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $14.00M USD 2 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $24.00M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $4.00M USD 2 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $88.00M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $182.00M USD 2 Qtrs
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $10.00M USD 2 Qtrs
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.00M USD 2 Qtrs
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $2.00M USD 1 Quarter
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $181.00M USD 2 Qtrs
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $88.00M USD 1 Quarter
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $26.00M USD 1 Quarter
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $14.00M USD 2 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.23 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.04 USD 2 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.84 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $1.74 USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.01 USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.02 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.10 USD 2 Qtrs
Total earnings (loss) per share, Basic (in dollars per share) EarningsPerShareBasic $0.84 USD 1 Quarter
Total earnings (loss) per share, Basic (in dollars per share) EarningsPerShareBasic $0.14 USD 2 Qtrs
Total earnings (loss) per share, Basic (in dollars per share) EarningsPerShareBasic $1.73 USD 2 Qtrs
Total earnings (loss) per share, Basic (in dollars per share) EarningsPerShareBasic $0.25 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.83 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.72 USD 2 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.23 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.04 USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.02 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.10 USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 USD 2 Qtrs
Total earnings (loss) per share, Diluted (in dollars per share) EarningsPerShareDiluted $0.14 USD 2 Qtrs
Total earnings (loss) per share, Diluted (in dollars per share) EarningsPerShareDiluted $0.25 USD 1 Quarter
Total earnings (loss) per share, Diluted (in dollars per share) EarningsPerShareDiluted $1.71 USD 2 Qtrs
Total earnings (loss) per share, Diluted (in dollars per share) EarningsPerShareDiluted $0.83 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 104.57M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 103.20M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 104.79M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 102.99M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 104.58M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 105.58M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 104.63M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 105.66M shares 2 Qtrs
Cash Flow Statement 108 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $328.00M USD 2 Qtrs
Net income ProfitLoss $169.00M USD 1 Quarter
Net income ProfitLoss $193.00M USD 2 Qtrs
Net income ProfitLoss $121.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $422.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $206.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $214.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $409.00M USD 2 Qtrs
Deferred income tax (benefit) expense DeferredIncomeTaxExpenseBenefit $-49.00M USD 2 Qtrs
Deferred income tax (benefit) expense DeferredIncomeTaxExpenseBenefit $48.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $27.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $23.00M USD 2 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $54.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $55.00M USD 2 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $36.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $109.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-18.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-2.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-4.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-31.00M USD 2 Qtrs
Net losses (gains) on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $-1.00M USD 1 Quarter
Net losses (gains) on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $3.00M USD 2 Qtrs
Net losses (gains) on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $-2.00M USD 2 Qtrs
Net losses (gains) on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $1.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-4.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-4.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-47.00M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $39.00M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $2.00M USD 2 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $20.00M USD 2 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $21.00M USD 2 Qtrs
Pre-tax loss (income) from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $12.00M USD 2 Qtrs
Pre-tax loss (income) from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $-1.00M USD 2 Qtrs
Other items, net OtherNoncashIncomeExpense $3.00M USD 2 Qtrs
Other items, net OtherNoncashIncomeExpense $10.00M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $138.00M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $-317.00M USD 2 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $64.00M USD 2 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $-44.00M USD 2 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $2.00M USD 2 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $-14.00M USD 2 Qtrs
Accounts payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.21B USD 2 Qtrs
Accounts payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-239.00M USD 2 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $4.00M USD 2 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $90.00M USD 2 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $80.00M USD 2 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $114.00M 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 $-5.00M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $294.00M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $2.37B USD 2 Qtrs
Purchases of property and equipment continuing operations PaymentsToAcquirePropertyPlantAndEquipment $288.00M USD 2 Qtrs
Purchases of property and equipment continuing operations PaymentsToAcquirePropertyPlantAndEquipment $336.00M USD 2 Qtrs
Purchases of property and equipment continuing operations PaymentsToAcquirePropertyPlantAndEquipment $144.00M USD 1 Quarter
Purchases of property and equipment continuing operations PaymentsToAcquirePropertyPlantAndEquipment $106.00M USD 1 Quarter
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $13.00M USD 2 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $56.00M USD 2 Qtrs
Proceeds from sales of facilities and other assets continuing operations ProceedsFromDivestitureOfBusinesses $12.00M USD 2 Qtrs
Proceeds from sales of facilities and other assets continuing operations ProceedsFromDivestitureOfBusinesses $40.00M USD 2 Qtrs
Proceeds from sales of facilities and other assets discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $17.00M USD 2 Qtrs
Proceeds from sales of facilities and other assets discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD 2 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $35.00M USD 2 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $9.00M USD 2 Qtrs
Purchases of marketable securities and equity investments PaymentsToAcquireInvestments $14.00M USD 2 Qtrs
Purchases of marketable securities and equity investments PaymentsToAcquireInvestments $10.00M USD 2 Qtrs
Other long-term assets PaymentsToAcquireOtherProductiveAssets $4.00M USD 2 Qtrs
Other long-term assets PaymentsToAcquireOtherProductiveAssets - USD 2 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $2.00M USD 2 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $-18.00M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-289.00M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-303.00M USD 2 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $740.00M USD 2 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $1.09B USD 2 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $1.28B USD 2 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $740.00M USD 2 Qtrs
Repayments of other borrowings RepaymentsOfOtherDebt $1.67B USD 2 Qtrs
Repayments of other borrowings RepaymentsOfOtherDebt $229.00M USD 2 Qtrs
Proceeds from other borrowings ProceedsFromOtherDebt $1.52B USD 2 Qtrs
Proceeds from other borrowings ProceedsFromOtherDebt $1.31B USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $18.00M USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $22.00M USD 2 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $144.00M USD 2 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $100.00M USD 2 Qtrs
Proceeds from sale of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $5.00M USD 2 Qtrs
Proceeds from sale of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $9.00M USD 2 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders - USD 2 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders $6.00M USD 2 Qtrs
Proceeds from exercise of stock options and employee stock purchase plan ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $5.00M USD 2 Qtrs
Proceeds from exercise of stock options and employee stock purchase plan ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $3.00M USD 2 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $202.00M USD 2 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $-35.00M USD 2 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $1.17B USD 2 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-153.00M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-162.00M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $3.25B USD 2 Qtrs
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $262.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $249.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.51B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $411.00M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $262.00M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $249.00M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.51B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $411.00M USD Point-in-time
Interest paid, net of capitalized interest InterestPaidNet $484.00M USD 2 Qtrs
Interest paid, net of capitalized interest InterestPaidNet $465.00M USD 2 Qtrs
Income tax payments, net IncomeTaxesPaidNet $-5.00M USD 2 Qtrs
Income tax payments, net IncomeTaxesPaidNet $-13.00M USD 2 Qtrs
Comprehensive Income 38 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $328.00M USD 2 Qtrs
Net income ProfitLoss $169.00M USD 1 Quarter
Net income ProfitLoss $193.00M USD 2 Qtrs
Net income ProfitLoss $121.00M USD 1 Quarter
Amortization of net actuarial loss included in other non-operating expense, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $2.00M USD 1 Quarter
Amortization of net actuarial loss included in other non-operating expense, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $4.00M USD 2 Qtrs
Amortization of net actuarial loss included in other non-operating expense, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $6.00M USD 2 Qtrs
Amortization of net actuarial loss included in other non-operating expense, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $3.00M USD 1 Quarter
Unrealized gains on debt securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax - USD 1 Quarter
Unrealized gains on debt securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.00M USD 2 Qtrs
Unrealized gains on debt securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax - USD 2 Qtrs
Unrealized gains on debt securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax - USD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $2.00M USD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $5.00M USD 2 Qtrs
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $6.00M USD 2 Qtrs
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $3.00M USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $2.00M USD 2 Qtrs
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $1.00M USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $3.00M USD 2 Qtrs
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $1.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $2.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $4.00M USD 2 Qtrs
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $2.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $1.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $2.00M USD 2 Qtrs
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $1.00M USD 1 Quarter
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $197.00M USD 2 Qtrs
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $170.00M USD 1 Quarter
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $123.00M USD 1 Quarter
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $330.00M USD 2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $147.00M USD 2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $179.00M USD 2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $81.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $95.00M USD 1 Quarter
Comprehensive income available to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $183.00M USD 2 Qtrs
Comprehensive income available to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $18.00M USD 2 Qtrs
Comprehensive income available to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $28.00M USD 1 Quarter
Comprehensive income available to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $89.00M USD 1 Quarter

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

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