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10-Q Filing

TENET HEALTHCARE CORP CIK: 70318 Q3 2021
Filing Information
Form Type 10-Q
Accession Number 0000070318-21-000040
Period End Date 20210930
Filing Date 20211029
Fiscal Year 2021
Fiscal Period Q3
XBRL Instance thc-20210930_htm.xml
Filing Contents
Balance Sheet 96 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 $5.87B USD Point-in-time
Other intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $1.28B USD Point-in-time
Other intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $1.33B 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
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.05 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.29B USD Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 262.50M shares Point-in-time
Accounts receivable AccountsReceivableNetCurrent $2.69B 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
Inventories of supplies, at cost InventoryNet $376.00M USD Point-in-time
Inventories of supplies, at cost InventoryNet $368.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 155.40M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 154.41M shares Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $140.00M USD Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.34M shares Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent - USD Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.33M shares Point-in-time
Other current assets OtherAssetsCurrent $1.50B 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 $6.91B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $2.56B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $2.53B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $325.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $140.00M USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($5,872 at September 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 ($5,872 at September 30, 2021 and $6,043 at December 31, 2020) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $6.16B USD Point-in-time
Goodwill Goodwill $8.66B USD Point-in-time
Goodwill Goodwill $8.81B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($1,326 at September 30, 2021 and $1,284 at December 31, 2020) IntangibleAssetsNetExcludingGoodwill $1.60B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($1,326 at September 30, 2021 and $1,284 at December 31, 2020) IntangibleAssetsNetExcludingGoodwill $1.48B USD Point-in-time
Total assets Assets $27.11B USD Point-in-time
Total assets Assets $25.91B USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $125.00M USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $145.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.21B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.10B USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $942.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $1.07B USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $268.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $243.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $262.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $248.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent - 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 $1.22B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.33B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.33B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.85B USD Point-in-time
Total current liabilities LiabilitiesCurrent $5.38B 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 $14.01B USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $762.00M 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 $444.00M 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 $918.00M USD Point-in-time
Contract liabilities long-term ContractWithCustomerLiabilityNoncurrent $15.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $1.62B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $1.59B USD Point-in-time
Total liabilities Liabilities $22.23B USD Point-in-time
Total liabilities Liabilities $24.22B 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 $2.05B 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; 155,402,362 shares issued at September 30, 2021 and 154,407,524 shares issued at December 31, 2020 CommonStockValue $7.00M USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 155,402,362 shares issued at September 30, 2021 and 154,407,524 shares issued at December 31, 2020 CommonStockValue $8.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.84B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.86B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-274.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-281.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.13B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.46B USD Point-in-time
Common stock in treasury, at cost, 48,333,196 shares at September 30, 2021 and 48,337,947 shares at December 31, 2020 TreasuryStockCommonValue $2.41B USD Point-in-time
Common stock in treasury, at cost, 48,333,196 shares at September 30, 2021 and 48,337,947 shares at December 31, 2020 TreasuryStockCommonValue $2.41B USD Point-in-time
Total shareholders equity StockholdersEquity $722.00M 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 $913.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $522.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $503.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $437.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.64B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $633.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $937.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.17B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $25.91B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $27.11B USD Point-in-time
Income Statement 132 line items
Line Item Tag Value Unit Period
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $4.89B USD 1 Quarter
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $4.56B USD 1 Quarter
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $14.63B USD 3 Qtrs
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $12.72B USD 3 Qtrs
Grant income RevenueNotFromContractWithCustomer $3.00M USD 1 Quarter
Grant income RevenueNotFromContractWithCustomer $-66.00M USD 1 Quarter
Grant income RevenueNotFromContractWithCustomer $445.00M USD 3 Qtrs
Grant income RevenueNotFromContractWithCustomer $53.00M USD 3 Qtrs
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 $45.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $141.00M USD 3 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $2.14B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $6.19B USD 3 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $6.69B USD 3 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $2.21B USD 1 Quarter
Supplies SuppliesExpense $2.16B USD 3 Qtrs
Supplies SuppliesExpense $2.49B USD 3 Qtrs
Supplies SuppliesExpense $827.00M USD 1 Quarter
Supplies SuppliesExpense $784.00M USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $3.18B USD 3 Qtrs
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 $1.05B USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $624.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $654.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $215.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $209.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $55.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $15.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $166.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $57.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-29.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-64.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-9.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-13.00M USD 3 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $412.00M USD 1 Quarter
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 $4.00M USD 3 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $427.00M USD 3 Qtrs
Operating income OperatingIncomeLoss $1.01B USD 1 Quarter
Operating income OperatingIncomeLoss $1.07B USD 3 Qtrs
Operating income OperatingIncomeLoss $271.00M USD 1 Quarter
Operating income OperatingIncomeLoss $2.12B USD 3 Qtrs
Interest expense InterestExpense $227.00M USD 1 Quarter
Interest expense InterestExpense $702.00M USD 3 Qtrs
Interest expense InterestExpense $761.00M USD 3 Qtrs
Interest expense InterestExpense $263.00M USD 1 Quarter
Other non-operating income, net OtherNonoperatingIncomeExpense $16.00M USD 3 Qtrs
Other non-operating income, net OtherNonoperatingIncomeExpense $3.00M USD 3 Qtrs
Other non-operating income, net OtherNonoperatingIncomeExpense $7.00M USD 1 Quarter
Other non-operating income, net OtherNonoperatingIncomeExpense - USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-74.00M USD 3 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-20.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-316.00M USD 3 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-312.00M USD 1 Quarter
Income (loss) from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.36B USD 3 Qtrs
Income (loss) from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $774.00M USD 1 Quarter
Income (loss) from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-304.00M USD 1 Quarter
Income (loss) from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-5.00M USD 3 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $-197.00M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $303.00M USD 3 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $-227.00M USD 3 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $197.00M USD 1 Quarter
Income (loss) from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $577.00M USD 1 Quarter
Income (loss) from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $1.06B USD 3 Qtrs
Income (loss) from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $222.00M USD 3 Qtrs
Income (loss) from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-107.00M USD 1 Quarter
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax - USD 3 Qtrs
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $1.00M USD 1 Quarter
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax - USD 3 Qtrs
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $1.00M 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 - USD 3 Qtrs
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $1.00M USD 1 Quarter
Net income (loss) ProfitLoss $1.06B USD 3 Qtrs
Net income (loss) ProfitLoss $222.00M USD 3 Qtrs
Net income (loss) ProfitLoss $578.00M USD 1 Quarter
Net income (loss) ProfitLoss $-106.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $90.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $392.00M USD 3 Qtrs
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $237.00M USD 3 Qtrs
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $129.00M USD 1 Quarter
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-15.00M USD 3 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-196.00M USD 1 Quarter
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $665.00M USD 3 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $449.00M USD 1 Quarter
Income (loss) from continuing operations, net of tax IncomeLossFromContinuingOperations $-15.00M USD 3 Qtrs
Income (loss) from continuing operations, net of tax IncomeLossFromContinuingOperations $665.00M USD 3 Qtrs
Income (loss) from continuing operations, net of tax IncomeLossFromContinuingOperations $-197.00M USD 1 Quarter
Income (loss) from continuing operations, net of tax IncomeLossFromContinuingOperations $448.00M USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $1.00M USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $1.00M USD 1 Quarter
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-15.00M USD 3 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-196.00M USD 1 Quarter
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $665.00M USD 3 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $449.00M USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.14 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-1.87 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $6.23 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $4.18 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 $0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 3 Qtrs
Total earnings (loss) per share, basic (in dollars per share) EarningsPerShareBasic $6.23 USD 3 Qtrs
Total earnings (loss) per share, basic (in dollars per share) EarningsPerShareBasic $-1.86 USD 1 Quarter
Total earnings (loss) per share, basic (in dollars per share) EarningsPerShareBasic $4.19 USD 1 Quarter
Total earnings (loss) per share, basic (in dollars per share) EarningsPerShareBasic $-0.14 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.14 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $4.12 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $6.13 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-1.87 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
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.01 USD 1 Quarter
Total earnings (loss) per share, diluted (in dollars per share) EarningsPerShareDiluted $4.13 USD 1 Quarter
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 $6.13 USD 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 104.80M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 105.26M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 106.73M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 107.05M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 108.76M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 104.80M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 105.26M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 108.47M shares 3 Qtrs
Cash Flow Statement 104 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $1.06B USD 3 Qtrs
Net income ProfitLoss $222.00M USD 3 Qtrs
Net income ProfitLoss $578.00M USD 1 Quarter
Net income ProfitLoss $-106.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $624.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $654.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $215.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $209.00M USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $183.00M USD 3 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-246.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $43.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $38.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $55.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $15.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $166.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $57.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-29.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-64.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-9.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-13.00M USD 3 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $412.00M USD 1 Quarter
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 $4.00M USD 3 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities $427.00M USD 3 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-74.00M USD 3 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-20.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-316.00M USD 3 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-312.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $11.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-10.00M USD 3 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $25.00M USD 3 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $30.00M USD 3 Qtrs
Other items, net OtherNoncashIncomeExpense $23.00M USD 3 Qtrs
Other items, net OtherNoncashIncomeExpense $4.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $202.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $-280.00M USD 3 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $111.00M USD 3 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $-30.00M USD 3 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $-67.00M USD 3 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $-9.00M USD 3 Qtrs
Accounts payable, accrued expenses, contract liabilities and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.55B USD 3 Qtrs
Accounts payable, accrued expenses, contract liabilities and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-149.00M USD 3 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $8.00M 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 $252.00M USD 3 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $116.00M 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 $-1.00M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $2.96B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.21B USD 3 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $111.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $354.00M USD 3 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $86.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $374.00M USD 3 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $64.00M 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 ProceedsFromDivestitureOfBusinesses $1.24B USD 3 Qtrs
Proceeds from sales of facilities and other assets ProceedsFromDivestitureOfBusinesses $13.00M USD 3 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $18.00M 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 $41.00M USD 3 Qtrs
Purchases of marketable securities and equity investments PaymentsToAcquireInvestments $23.00M USD 3 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $10.00M USD 3 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $-13.00M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-406.00M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $802.00M USD 3 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $740.00M USD 3 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit - USD 3 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $740.00M USD 3 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit - USD 3 Qtrs
Repayments of other borrowings RepaymentsOfOtherDebt $3.24B USD 3 Qtrs
Repayments of other borrowings RepaymentsOfOtherDebt $3.18B USD 3 Qtrs
Proceeds from other borrowings ProceedsFromOtherDebt $3.81B USD 3 Qtrs
Proceeds from other borrowings ProceedsFromOtherDebt $1.41B USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $15.00M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $48.00M USD 3 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $316.00M USD 3 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $184.00M USD 3 Qtrs
Proceeds from sale of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $14.00M USD 3 Qtrs
Proceeds from sale of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $7.00M USD 3 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders $19.00M USD 3 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders $34.00M USD 3 Qtrs
Proceeds from shares issued under stock-based compensation plans, net of taxes paid related to net share settlement ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $11.00M USD 3 Qtrs
Proceeds from shares issued under stock-based compensation plans, net of taxes paid related to net share settlement ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $13.00M USD 3 Qtrs
Medicare advances and grants received by unconsolidated affiliates, net of recoupment ProceedsFromGrantsFromAffiliatesNetOfRecoupment $-8.00M USD 3 Qtrs
Medicare advances and grants received by unconsolidated affiliates, net of recoupment ProceedsFromGrantsFromAffiliatesNetOfRecoupment $150.00M USD 3 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $-64.00M USD 3 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $8.00M 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 $-2.17B USD 3 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-154.00M 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 $2.45B 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 $2.29B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.30B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.45B 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 $2.29B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.30B USD Point-in-time
Interest paid, net of capitalized interest InterestPaidNet $664.00M USD 3 Qtrs
Interest paid, net of capitalized interest InterestPaidNet $757.00M USD 3 Qtrs
Income tax payments, net IncomeTaxesPaidNet $-54.00M USD 3 Qtrs
Income tax payments, net IncomeTaxesPaidNet $-10.00M USD 3 Qtrs
Comprehensive Income 44 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $1.06B USD 3 Qtrs
Net income (loss) ProfitLoss $222.00M USD 3 Qtrs
Net income (loss) ProfitLoss $578.00M USD 1 Quarter
Net income (loss) ProfitLoss $-106.00M USD 1 Quarter
Amortization of net actuarial loss included in other non-operating income, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $6.00M USD 3 Qtrs
Amortization of net actuarial loss included in other non-operating income, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $2.00M USD 1 Quarter
Amortization of net actuarial loss included in other non-operating income, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $8.00M USD 3 Qtrs
Amortization of net actuarial loss included in other non-operating income, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $2.00M 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 - 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
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $1.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $1.00M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax - USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax - USD 3 Qtrs
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $9.00M USD 3 Qtrs
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $3.00M USD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $7.00M USD 3 Qtrs
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $2.00M USD 1 Quarter
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 - USD 1 Quarter
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 $1.00M USD 3 Qtrs
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $-1.00M 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 $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 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $7.00M USD 3 Qtrs
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-102.00M USD 1 Quarter
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $581.00M USD 1 Quarter
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.06B USD 3 Qtrs
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $228.00M USD 3 Qtrs
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $129.00M USD 1 Quarter
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $90.00M USD 1 Quarter
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $392.00M USD 3 Qtrs
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $237.00M USD 3 Qtrs
Comprehensive income available (loss attributable) to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-9.00M USD 3 Qtrs
Comprehensive income available (loss attributable) to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $672.00M USD 3 Qtrs
Comprehensive income available (loss attributable) to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-192.00M USD 1 Quarter
Comprehensive income available (loss attributable) to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $452.00M USD 1 Quarter

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

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