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10-Q Filing

TENET HEALTHCARE CORP CIK: 70318 Q2 2021
Filing Information
Form Type 10-Q
Accession Number 0000070318-21-000030
Period End Date 20210630
Filing Date 20210730
Fiscal Year 2021
Fiscal Period Q2
XBRL Instance thc-20210630_htm.xml
Filing Contents
Balance Sheet 94 line items
Line Item Tag Value Unit Period
Property and equipment, accumulated depreciation and amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $6.04B USD Point-in-time
Property and equipment, accumulated depreciation and amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $5.78B USD Point-in-time
Other intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $1.28B USD Point-in-time
Other intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $1.28B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.19B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.05 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.45B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.05 USD Point-in-time
Accounts receivable AccountsReceivableNetCurrent $2.69B USD Point-in-time
Accounts receivable AccountsReceivableNetCurrent $2.64B 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 $368.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 155.20M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 154.41M shares Point-in-time
Inventories of supplies, at cost InventoryNet $364.00M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $828.00M USD Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.34M shares Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $140.00M USD Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.33M shares Point-in-time
Other current assets OtherAssetsCurrent $1.39B USD Point-in-time
Other current assets OtherAssetsCurrent $1.50B USD Point-in-time
Total current assets AssetsCurrent $7.15B USD Point-in-time
Total current assets AssetsCurrent $7.42B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $2.53B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $2.52B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $276.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $325.00M USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($5,775 at June 30, 2021 and $6,043 at December 31, 2020) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $6.69B USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($5,775 at June 30, 2021 and $6,043 at December 31, 2020) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $6.17B USD Point-in-time
Goodwill Goodwill $8.81B USD Point-in-time
Goodwill Goodwill $8.66B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($1,285 at June 30, 2021 and $1,284 at December 31, 2020) IntangibleAssetsNetExcludingGoodwill $1.52B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($1,285 at June 30, 2021 and $1,284 at December 31, 2020) IntangibleAssetsNetExcludingGoodwill $1.60B USD Point-in-time
Total assets Assets $26.57B USD Point-in-time
Total assets Assets $27.11B USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $145.00M USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $127.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.21B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.08B USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $954.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $942.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $243.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $234.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $248.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $220.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $145.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $70.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $659.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $1.05B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.25B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.33B USD Point-in-time
Total current liabilities LiabilitiesCurrent $5.07B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.85B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $15.57B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $15.09B USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $782.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $735.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $497.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $459.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $29.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $29.00M USD Point-in-time
Contract liabilities long-term ContractWithCustomerLiabilityNoncurrent $351.00M USD Point-in-time
Contract liabilities long-term ContractWithCustomerLiabilityNoncurrent $918.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $1.58B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $1.62B USD Point-in-time
Total liabilities Liabilities $24.22B USD Point-in-time
Total liabilities Liabilities $23.36B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests in equity of consolidated subsidiaries RedeemableNoncontrollingInterestEquityCarryingAmount $2.03B USD Point-in-time
Redeemable noncontrolling interests in equity of consolidated subsidiaries RedeemableNoncontrollingInterestEquityCarryingAmount $1.95B USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 155,201,582 shares issued at June 30, 2021 and 154,407,524 shares issued at December 31, 2020 CommonStockValue $8.00M USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 155,201,582 shares issued at June 30, 2021 and 154,407,524 shares issued at December 31, 2020 CommonStockValue $7.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.84B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.85B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-281.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-277.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.91B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.13B USD Point-in-time
Common stock in treasury, at cost, 48,334,331 shares at June 30, 2021 and 48,337,947 shares at December 31, 2020 TreasuryStockCommonValue $2.41B USD Point-in-time
Common stock in treasury, at cost, 48,334,331 shares at June 30, 2021 and 48,337,947 shares at December 31, 2020 TreasuryStockCommonValue $2.41B USD Point-in-time
Total shareholders equity StockholdersEquity $261.00M USD Point-in-time
Total shareholders equity StockholdersEquity $28.00M USD Point-in-time
Noncontrolling interests MinorityInterest $909.00M USD Point-in-time
Noncontrolling interests MinorityInterest $908.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $633.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $503.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $937.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.17B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $437.00M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $27.11B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $26.57B USD Point-in-time
Income Statement 132 line items
Line Item Tag Value Unit Period
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $3.65B USD 1 Quarter
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $4.95B USD 1 Quarter
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $8.17B USD 2 Qtrs
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $9.73B USD 2 Qtrs
Grant income RevenueNotFromContractWithCustomer $19.00M USD 1 Quarter
Grant income RevenueNotFromContractWithCustomer $511.00M USD 2 Qtrs
Grant income RevenueNotFromContractWithCustomer $50.00M USD 2 Qtrs
Grant income RevenueNotFromContractWithCustomer $511.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $31.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $54.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $59.00M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $96.00M USD 2 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $2.28B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $4.05B USD 2 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $4.48B USD 2 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $1.86B USD 1 Quarter
Supplies SuppliesExpense $611.00M USD 1 Quarter
Supplies SuppliesExpense $1.37B USD 2 Qtrs
Supplies SuppliesExpense $1.66B USD 2 Qtrs
Supplies SuppliesExpense $859.00M USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $983.00M USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $2.00B USD 2 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $1.05B USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $2.13B USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $206.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $445.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $409.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $221.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $54.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $109.00M USD 2 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $40.00M USD 2 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $20.00M 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 $-35.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-22.00M USD 1 Quarter
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $15.00M USD 1 Quarter
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $15.00M USD 2 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $1.00M USD 1 Quarter
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $3.00M USD 2 Qtrs
Operating income OperatingIncomeLoss $1.11B USD 2 Qtrs
Operating income OperatingIncomeLoss $471.00M USD 1 Quarter
Operating income OperatingIncomeLoss $586.00M USD 1 Quarter
Operating income OperatingIncomeLoss $798.00M USD 2 Qtrs
Interest expense InterestExpense $255.00M USD 1 Quarter
Interest expense InterestExpense $475.00M USD 2 Qtrs
Interest expense InterestExpense $235.00M USD 1 Quarter
Interest expense InterestExpense $498.00M USD 2 Qtrs
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $2.00M USD 1 Quarter
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $-1.00M USD 1 Quarter
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $3.00M USD 2 Qtrs
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $9.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-4.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-54.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-31.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-4.00M USD 1 Quarter
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $214.00M USD 1 Quarter
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $299.00M USD 2 Qtrs
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $319.00M USD 1 Quarter
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $586.00M USD 2 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $106.00M USD 2 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $45.00M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $-30.00M USD 2 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $61.00M USD 1 Quarter
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $329.00M USD 2 Qtrs
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $258.00M USD 1 Quarter
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $169.00M USD 1 Quarter
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $480.00M USD 2 Qtrs
Loss from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-1.00M USD 2 Qtrs
Loss from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-1.00M USD 2 Qtrs
Loss from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax - USD 1 Quarter
Loss from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-1.00M USD 1 Quarter
Loss from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-1.00M USD 2 Qtrs
Loss from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-1.00M USD 2 Qtrs
Loss from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax - USD 1 Quarter
Loss from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-1.00M USD 1 Quarter
Net income ProfitLoss $169.00M USD 1 Quarter
Net income ProfitLoss $328.00M USD 2 Qtrs
Net income ProfitLoss $479.00M USD 2 Qtrs
Net income ProfitLoss $257.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $81.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $138.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $263.00M USD 2 Qtrs
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $147.00M 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 $181.00M USD 2 Qtrs
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $216.00M USD 2 Qtrs
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $119.00M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $217.00M USD 2 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $120.00M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $182.00M USD 2 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $88.00M USD 1 Quarter
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.00M USD 2 Qtrs
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.00M USD 2 Qtrs
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.00M USD 1 Quarter
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
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 $181.00M USD 2 Qtrs
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $216.00M USD 2 Qtrs
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $119.00M USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.84 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $2.04 USD 2 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $1.74 USD 2 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $1.12 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.01 USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - 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 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 $1.11 USD 1 Quarter
Total earnings (loss) per share, basic (in dollars per share) EarningsPerShareBasic $2.03 USD 2 Qtrs
Total earnings (loss) per share, basic (in dollars per share) EarningsPerShareBasic $0.84 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.11 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $2.00 USD 2 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.83 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.72 USD 2 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 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
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 USD 1 Quarter
Total earnings (loss) per share, diluted (in dollars per share) EarningsPerShareDiluted $0.83 USD 1 Quarter
Total earnings (loss) per share, diluted (in dollars per share) EarningsPerShareDiluted $1.10 USD 1 Quarter
Total earnings (loss) per share, diluted (in dollars per share) EarningsPerShareDiluted $1.99 USD 2 Qtrs
Total earnings (loss) per share, diluted (in dollars per share) EarningsPerShareDiluted $1.71 USD 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 106.57M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 106.82M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 104.57M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 104.79M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 105.58M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 108.32M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 105.66M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 108.57M shares 1 Quarter
Cash Flow Statement 104 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $169.00M USD 1 Quarter
Net income ProfitLoss $328.00M USD 2 Qtrs
Net income ProfitLoss $479.00M USD 2 Qtrs
Net income ProfitLoss $257.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $206.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $445.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $409.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $221.00M USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-49.00M USD 2 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $48.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $27.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $30.00M 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 $109.00M USD 2 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $40.00M USD 2 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $20.00M 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 $-35.00M USD 2 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-22.00M USD 1 Quarter
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $15.00M USD 1 Quarter
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $15.00M USD 2 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $1.00M USD 1 Quarter
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $3.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-4.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-54.00M USD 2 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-31.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-4.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-10.00M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $39.00M 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 $17.00M USD 2 Qtrs
Pre-tax loss from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $-1.00M USD 2 Qtrs
Pre-tax loss from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $-1.00M USD 2 Qtrs
Other items, net OtherNoncashIncomeExpense $3.00M USD 2 Qtrs
Other items, net OtherNoncashIncomeExpense $22.00M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $-317.00M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $101.00M USD 2 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $-56.00M USD 2 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $-44.00M USD 2 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $-25.00M USD 2 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $-14.00M USD 2 Qtrs
Accounts payable, accrued expenses, contract liabilities and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-232.00M USD 2 Qtrs
Accounts payable, accrued expenses, contract liabilities and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.21B USD 2 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $-6.00M 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 $85.00M USD 2 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $114.00M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $2.37B USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $779.00M USD 2 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $243.00M USD 2 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $288.00M USD 2 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $106.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $122.00M USD 1 Quarter
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $56.00M USD 2 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $64.00M USD 2 Qtrs
Proceeds from sales of facilities and other assets ProceedsFromDivestitureOfBusinesses $12.00M USD 2 Qtrs
Proceeds from sales of facilities and other assets ProceedsFromDivestitureOfBusinesses $124.00M USD 2 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $18.00M USD 2 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $35.00M USD 2 Qtrs
Purchases of marketable securities and equity investments PaymentsToAcquireInvestments $10.00M USD 2 Qtrs
Purchases of marketable securities and equity investments PaymentsToAcquireInvestments $19.00M USD 2 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $11.00M 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 $-195.00M USD 2 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit - USD 2 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $740.00M USD 2 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit - USD 2 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $740.00M USD 2 Qtrs
Repayments of other borrowings RepaymentsOfOtherDebt $2.01B USD 2 Qtrs
Repayments of other borrowings RepaymentsOfOtherDebt $229.00M USD 2 Qtrs
Proceeds from other borrowings ProceedsFromOtherDebt $1.41B USD 2 Qtrs
Proceeds from other borrowings ProceedsFromOtherDebt $1.31B USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $15.00M USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $22.00M USD 2 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $212.00M USD 2 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $100.00M USD 2 Qtrs
Proceeds from sale of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $12.00M USD 2 Qtrs
Proceeds from sale of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $5.00M USD 2 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders - 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 $9.00M USD 2 Qtrs
Proceeds from exercise of stock options and employee stock purchase plan ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $5.00M USD 2 Qtrs
Medicare advances and grants received by unconsolidated affiliates, net of recoupment ProceedsFromContributionsFromAffiliates $6.00M USD 2 Qtrs
Medicare advances and grants received by unconsolidated affiliates, net of recoupment ProceedsFromContributionsFromAffiliates $142.00M USD 2 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $60.00M USD 2 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $-28.00M 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 $-836.00M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $3.25B USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-252.00M USD 2 Qtrs
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.51B 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 $2.19B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.45B 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 $262.00M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.19B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.45B USD Point-in-time
Interest paid, net of capitalized interest InterestPaidNet $486.00M 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 $34.00M USD 2 Qtrs
Comprehensive Income 38 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $169.00M USD 1 Quarter
Net income ProfitLoss $328.00M USD 2 Qtrs
Net income ProfitLoss $479.00M USD 2 Qtrs
Net income ProfitLoss $257.00M USD 1 Quarter
Amortization of net actuarial loss included in other non-operating income (expense), net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $2.00M USD 1 Quarter
Amortization of net actuarial loss included in other non-operating income (expense), net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $3.00M USD 1 Quarter
Amortization of net actuarial loss included in other non-operating income (expense), net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $6.00M USD 2 Qtrs
Amortization of net actuarial loss included in other non-operating income (expense), net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $4.00M USD 2 Qtrs
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 1 Quarter
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 $3.00M USD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $2.00M USD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $6.00M USD 2 Qtrs
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $5.00M 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 $3.00M USD 2 Qtrs
Income tax benefit (expense) related to items of other comprehensive income OtherComprehensiveIncomeLossTax $1.00M USD 1 Quarter
Income tax benefit (expense) related to items of other comprehensive income OtherComprehensiveIncomeLossTax $2.00M USD 2 Qtrs
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $1.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $5.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $-1.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $4.00M USD 2 Qtrs
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 $170.00M USD 1 Quarter
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $483.00M USD 2 Qtrs
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $330.00M USD 2 Qtrs
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $262.00M USD 1 Quarter
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $263.00M USD 2 Qtrs
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $138.00M USD 1 Quarter
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $81.00M USD 1 Quarter
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $147.00M USD 2 Qtrs
Comprehensive income available to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $89.00M 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 $124.00M USD 1 Quarter
Comprehensive income available to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $220.00M USD 2 Qtrs

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

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