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10-Q Filing

TENET HEALTHCARE CORP CIK: 70318 Q3 2020
Filing Information
Form Type 10-Q
Accession Number 0000070318-20-000043
Period End Date 20200930
Filing Date 20201030
Fiscal Year 2020
Fiscal Period Q3
XBRL Instance thc-20200930_htm.xml
Filing Contents
Balance Sheet 96 line items
Line Item Tag Value Unit Period
Property and equipment, accumulated depreciation and amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $5.50B USD Point-in-time
Property and equipment, accumulated depreciation and amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $5.91B USD Point-in-time
Other intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $1.21B USD Point-in-time
Other intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $1.09B 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 $3.30B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $262.00M USD 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
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 262.50M shares Point-in-time
Accounts receivable AccountsReceivableNetCurrent $2.48B USD Point-in-time
Inventories of supplies, at cost InventoryNet $349.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 153.75M shares 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
Common stock in treasury (in shares) TreasuryStockCommonShares 48.34M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $2.00M USD Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.34M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $10.00M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $387.00M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $386.00M USD Point-in-time
Other current assets OtherAssetsCurrent $1.29B 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 $7.81B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $2.44B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $2.37B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $436.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $183.00M USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($5,906 at September 30, 2020 and $5,498 at December 31, 2019) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $6.62B USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($5,906 at September 30, 2020 and $5,498 at December 31, 2019) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $6.88B USD Point-in-time
Goodwill Goodwill $7.25B USD Point-in-time
Goodwill Goodwill $7.30B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($1,207 at September 30, 2020 and $1,092 at December 31, 2019) IntangibleAssetsNetExcludingGoodwill $1.60B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($1,207 at September 30, 2020 and $1,092 at December 31, 2019) IntangibleAssetsNetExcludingGoodwill $1.58B USD Point-in-time
Total assets Assets $23.36B USD Point-in-time
Total assets Assets $26.19B USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $155.00M USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $171.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.02B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.20B USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $834.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $877.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $330.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $285.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $245.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $218.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $44.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $91.00M 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 $1.74B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.27B USD Point-in-time
Total current liabilities LiabilitiesCurrent $5.84B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.21B 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 $15.56B USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $635.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $666.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $525.00M 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 $1.56B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $1.42B USD Point-in-time
Total liabilities Liabilities $24.19B 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 $1.48B USD Point-in-time
Redeemable noncontrolling interests in equity of consolidated subsidiaries RedeemableNoncontrollingInterestEquityCarryingAmount $1.51B USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 153,745,411 shares issued at September 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; 153,745,411 shares issued at September 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 $4.83B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-251.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-257.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.51B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.54B USD Point-in-time
Common stock in treasury, at cost, 48,337,999 shares at September 30, 2020 and 48,344,195 shares at December 31, 2019 TreasuryStockCommonValue $2.41B USD Point-in-time
Common stock in treasury, at cost, 48,337,999 shares at September 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 $-374.00M USD Point-in-time
Noncontrolling interests MinorityInterest $854.00M USD Point-in-time
Noncontrolling interests MinorityInterest $896.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $437.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $503.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $624.00M 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 $522.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $448.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $670.00M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $26.19B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $23.36B USD Point-in-time
Income Statement 136 line items
Line Item Tag Value Unit Period
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $4.57B USD 1 Quarter
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $13.67B USD 3 Qtrs
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $12.72B USD 3 Qtrs
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $4.56B USD 1 Quarter
Grant income RevenueNotFromContractWithCustomer - USD 3 Qtrs
Grant income RevenueNotFromContractWithCustomer $-66.00M USD 1 Quarter
Grant income RevenueNotFromContractWithCustomer - USD 1 Quarter
Grant income RevenueNotFromContractWithCustomer $445.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $38.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $103.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $44.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $114.00M USD 3 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $6.19B USD 3 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $2.14B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $2.17B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $6.47B USD 3 Qtrs
Supplies SuppliesExpense $2.25B USD 3 Qtrs
Supplies SuppliesExpense $760.00M USD 1 Quarter
Supplies SuppliesExpense $2.16B USD 3 Qtrs
Supplies SuppliesExpense $784.00M USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $1.06B USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $3.05B USD 3 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $1.04B USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $3.14B USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $624.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $215.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $205.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $627.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $46.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $101.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $57.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $166.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-13.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-9.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-84.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-115.00M USD 3 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 3 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 $4.00M USD 3 Qtrs
Operating income OperatingIncomeLoss $1.08B USD 3 Qtrs
Operating income OperatingIncomeLoss $302.00M USD 1 Quarter
Operating income OperatingIncomeLoss $1.07B USD 3 Qtrs
Operating income OperatingIncomeLoss $271.00M USD 1 Quarter
Interest expense InterestExpense $761.00M USD 3 Qtrs
Interest expense InterestExpense $742.00M USD 3 Qtrs
Interest expense InterestExpense $244.00M USD 1 Quarter
Interest expense InterestExpense $263.00M USD 1 Quarter
Other non-operating income (expense), net OtherNonoperatingIncomeExpense - USD 1 Quarter
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $-3.00M USD 3 Qtrs
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $-3.00M USD 1 Quarter
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $3.00M USD 3 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-316.00M USD 3 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-180.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-312.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-227.00M USD 3 Qtrs
Income (loss) from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $111.00M USD 3 Qtrs
Income (loss) from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-5.00M USD 3 Qtrs
Income (loss) from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-304.00M USD 1 Quarter
Income (loss) from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-125.00M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $75.00M USD 3 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $22.00M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $-197.00M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $-227.00M USD 3 Qtrs
Income (loss) from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-107.00M USD 1 Quarter
Income (loss) from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $36.00M USD 3 Qtrs
Income (loss) from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-147.00M USD 1 Quarter
Income (loss) from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $222.00M USD 3 Qtrs
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $1.00M USD 1 Quarter
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $1.00M USD 1 Quarter
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $13.00M USD 3 Qtrs
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax - USD 3 Qtrs
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation - USD 3 Qtrs
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation $2.00M USD 3 Qtrs
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation - USD 1 Quarter
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation - USD 1 Quarter
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax - USD 3 Qtrs
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $1.00M USD 1 Quarter
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $11.00M USD 3 Qtrs
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $1.00M USD 1 Quarter
Net income (loss) ProfitLoss $-106.00M USD 1 Quarter
Net income (loss) ProfitLoss $-146.00M USD 1 Quarter
Net income (loss) ProfitLoss $222.00M USD 3 Qtrs
Net income (loss) ProfitLoss $47.00M USD 3 Qtrs
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $259.00M USD 3 Qtrs
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $90.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $237.00M USD 3 Qtrs
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $80.00M USD 1 Quarter
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-15.00M USD 3 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-212.00M USD 3 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-226.00M USD 1 Quarter
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-196.00M USD 1 Quarter
Loss from continuing operations, net of tax IncomeLossFromContinuingOperations $-227.00M USD 1 Quarter
Loss from continuing operations, net of tax IncomeLossFromContinuingOperations $-15.00M USD 3 Qtrs
Loss from continuing operations, net of tax IncomeLossFromContinuingOperations $-223.00M USD 3 Qtrs
Loss from continuing operations, net of tax IncomeLossFromContinuingOperations $-197.00M USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $1.00M USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $11.00M USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $1.00M USD 1 Quarter
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-15.00M USD 3 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-212.00M USD 3 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-226.00M USD 1 Quarter
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-196.00M USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-2.19 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.14 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-2.16 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-1.87 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.11 USD 3 Qtrs
Total earnings (loss) per share, Basic (in dollars per share) EarningsPerShareBasic $-2.18 USD 1 Quarter
Total earnings (loss) per share, Basic (in dollars per share) EarningsPerShareBasic $-2.05 USD 3 Qtrs
Total earnings (loss) per share, Basic (in dollars per share) EarningsPerShareBasic $-0.14 USD 3 Qtrs
Total earnings (loss) per share, Basic (in dollars per share) EarningsPerShareBasic $-1.86 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.14 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-2.16 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-2.19 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-1.87 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.11 USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 3 Qtrs
Total earnings (loss) per share, Diluted (in dollars per share) EarningsPerShareDiluted $-0.14 USD 3 Qtrs
Total earnings (loss) per share, Diluted (in dollars per share) EarningsPerShareDiluted $-1.86 USD 1 Quarter
Total earnings (loss) per share, Diluted (in dollars per share) EarningsPerShareDiluted $-2.05 USD 3 Qtrs
Total earnings (loss) per share, Diluted (in dollars per share) EarningsPerShareDiluted $-2.18 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 103.18M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 104.80M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 105.26M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 103.56M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 103.56M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 105.26M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 104.80M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 103.18M shares 3 Qtrs
Cash Flow Statement 108 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $-106.00M USD 1 Quarter
Net income ProfitLoss $-146.00M USD 1 Quarter
Net income ProfitLoss $222.00M USD 3 Qtrs
Net income ProfitLoss $47.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $624.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $215.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $205.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $627.00M USD 3 Qtrs
Deferred income tax (benefit) expense DeferredIncomeTaxExpenseBenefit $-246.00M USD 3 Qtrs
Deferred income tax (benefit) expense DeferredIncomeTaxExpenseBenefit $65.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $38.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $34.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $46.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $101.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $57.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $166.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-13.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-9.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-84.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-115.00M USD 3 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 3 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 $4.00M USD 3 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-316.00M USD 3 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-180.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-312.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-227.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $6.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $11.00M USD 3 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $30.00M USD 3 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $25.00M USD 3 Qtrs
Pre-tax income from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $13.00M USD 3 Qtrs
Pre-tax income from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax - USD 3 Qtrs
Other items, net OtherNoncashIncomeExpense $4.00M USD 3 Qtrs
Other items, net OtherNoncashIncomeExpense $14.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $-280.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $174.00M USD 3 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $-30.00M USD 3 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $98.00M USD 3 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $4.00M USD 3 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $-9.00M USD 3 Qtrs
Accounts payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-67.00M USD 3 Qtrs
Accounts payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.55B USD 3 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $-15.00M USD 3 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $205.00M USD 3 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $136.00M USD 3 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $252.00M USD 3 Qtrs
Net cash used in operating activities from discontinued operations, excluding income taxes CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-1.00M USD 3 Qtrs
Net cash used in operating activities from discontinued operations, excluding income taxes CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-4.00M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $713.00M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $2.96B USD 3 Qtrs
Purchases of property and equipment continuing operations PaymentsToAcquirePropertyPlantAndEquipment $156.00M USD 1 Quarter
Purchases of property and equipment continuing operations PaymentsToAcquirePropertyPlantAndEquipment $86.00M USD 1 Quarter
Purchases of property and equipment continuing operations PaymentsToAcquirePropertyPlantAndEquipment $374.00M USD 3 Qtrs
Purchases of property and equipment continuing operations PaymentsToAcquirePropertyPlantAndEquipment $492.00M USD 3 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $23.00M USD 3 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $61.00M USD 3 Qtrs
Proceeds from sales of facilities and other assets continuing operations ProceedsFromDivestitureOfBusinesses $44.00M USD 3 Qtrs
Proceeds from sales of facilities and other assets continuing operations ProceedsFromDivestitureOfBusinesses $13.00M USD 3 Qtrs
Proceeds from sales of facilities and other assets discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD 3 Qtrs
Proceeds from sales of facilities and other assets discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $17.00M USD 3 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $52.00M USD 3 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $44.00M USD 3 Qtrs
Purchases of marketable securities and equity investments PaymentsToAcquireInvestments $25.00M USD 3 Qtrs
Purchases of marketable securities and equity investments PaymentsToAcquireInvestments $41.00M USD 3 Qtrs
Other long-term assets PaymentsToAcquireOtherProductiveAssets $4.00M USD 3 Qtrs
Other long-term assets ProceedsFromSaleOfOtherProductiveAssets $1.00M USD 3 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $-17.00M USD 3 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities - USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-406.00M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-426.00M USD 3 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $1.88B USD 3 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $740.00M USD 3 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $2.15B USD 3 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $740.00M USD 3 Qtrs
Repayments of other borrowings RepaymentsOfOtherDebt $6.08B USD 3 Qtrs
Repayments of other borrowings RepaymentsOfOtherDebt $3.24B USD 3 Qtrs
Proceeds from other borrowings ProceedsFromOtherDebt $3.81B USD 3 Qtrs
Proceeds from other borrowings ProceedsFromOtherDebt $5.72B USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $63.00M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $48.00M USD 3 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $184.00M USD 3 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $223.00M USD 3 Qtrs
Proceeds from sale of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $7.00M USD 3 Qtrs
Proceeds from sale of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $15.00M USD 3 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders $34.00M USD 3 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders $8.00M USD 3 Qtrs
Proceeds from exercise of stock options and employee stock purchase plan ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $13.00M USD 3 Qtrs
Proceeds from exercise of stock options and employee stock purchase plan ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $4.00M USD 3 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $158.00M USD 3 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $-18.00M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $483.00M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-384.00M USD 3 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-97.00M USD 3 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $3.04B USD 3 Qtrs
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $411.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $262.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.30B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $314.00M USD Point-in-time
Cash and cash equivalents at end 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 $3.30B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $314.00M USD Point-in-time
Interest paid, net of capitalized interest InterestPaidNet $705.00M USD 3 Qtrs
Interest paid, net of capitalized interest InterestPaidNet $757.00M USD 3 Qtrs
Income tax payments, net IncomeTaxesPaidNet $-10.00M USD 3 Qtrs
Income tax payments, net IncomeTaxesPaidNet $-18.00M USD 3 Qtrs
Comprehensive Income 40 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-106.00M USD 1 Quarter
Net income (loss) ProfitLoss $-146.00M USD 1 Quarter
Net income (loss) ProfitLoss $222.00M USD 3 Qtrs
Net income (loss) ProfitLoss $47.00M USD 3 Qtrs
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 $6.00M USD 3 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 $9.00M USD 3 Qtrs
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 - USD 1 Quarter
Unrealized gains on debt securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax - USD 3 Qtrs
Unrealized gains on debt securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.00M USD 3 Qtrs
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $9.00M USD 3 Qtrs
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $2.00M USD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $7.00M USD 3 Qtrs
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $3.00M USD 1 Quarter
Income tax benefit (expense) related to items of other comprehensive income OtherComprehensiveIncomeLossTax - USD 1 Quarter
Income tax benefit (expense) related to items of other comprehensive income OtherComprehensiveIncomeLossTax $1.00M USD 3 Qtrs
Income tax benefit (expense) related to items of other comprehensive income OtherComprehensiveIncomeLossTax $2.00M USD 3 Qtrs
Income tax benefit (expense) related to items of other comprehensive income OtherComprehensiveIncomeLossTax $-2.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $7.00M USD 3 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 $6.00M USD 3 Qtrs
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $3.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $4.00M 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 1 Quarter
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-143.00M USD 1 Quarter
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-102.00M USD 1 Quarter
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $54.00M USD 3 Qtrs
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $228.00M USD 3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $237.00M USD 3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $90.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $80.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $259.00M USD 3 Qtrs
Comprehensive loss attributable to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-192.00M USD 1 Quarter
Comprehensive loss attributable to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-9.00M USD 3 Qtrs
Comprehensive loss attributable to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-223.00M USD 1 Quarter
Comprehensive loss attributable to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-205.00M USD 3 Qtrs

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

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