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10-Q Filing

TENET HEALTHCARE CORP CIK: 70318 Q3 2022
Filing Information
Form Type 10-Q
Accession Number 0000070318-22-000051
Period End Date 20220930
Filing Date 20221028
Fiscal Year 2022
Fiscal Period Q3
XBRL Instance thc-20220930_htm.xml
Filing Contents
Balance Sheet 94 line items
Line Item Tag Value Unit Period
Property and equipment, accumulated depreciation and amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $5.96B USD Point-in-time
Property and equipment, accumulated depreciation and amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $6.29B USD Point-in-time
Accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $1.37B USD Point-in-time
Accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $1.42B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.21B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.36B 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
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 $2.83B USD Point-in-time
Accounts receivable AccountsReceivableNetCurrent $2.77B USD Point-in-time
Inventories of supplies, at cost InventoryNet $394.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 155.52M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 156.28M shares Point-in-time
Inventories of supplies, at cost InventoryNet $384.00M USD Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.33M shares Point-in-time
Common stock in treasury (in shares) TreasuryStockCommonShares 48.33M shares Point-in-time
Income tax receivable IncomeTaxesReceivable - USD Point-in-time
Income tax receivable IncomeTaxesReceivable $4.00M USD Point-in-time
Other current assets OtherAssetsCurrent $1.56B USD Point-in-time
Other current assets OtherAssetsCurrent $1.57B USD Point-in-time
Total current assets AssetsCurrent $7.08B USD Point-in-time
Total current assets AssetsCurrent $6.00B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $3.31B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $3.25B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $65.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $55.00M USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($6,295 at September 30, 2022 and $5,960 at December 31, 2021) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $6.29B USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($6,295 at September 30, 2022 and $5,960 at December 31, 2021) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $6.43B USD Point-in-time
Goodwill Goodwill $9.26B USD Point-in-time
Goodwill Goodwill $9.98B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($1,422 at September 30, 2022 and $1,374 at December 31, 2021) IntangibleAssetsNetExcludingGoodwill $1.50B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($1,422 at September 30, 2022 and $1,374 at December 31, 2021) IntangibleAssetsNetExcludingGoodwill $1.44B USD Point-in-time
Total assets Assets $27.58B USD Point-in-time
Total assets Assets $27.08B USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $131.00M USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $135.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.30B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.24B USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $781.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $896.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $279.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $254.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $203.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $249.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $111.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $959.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.49B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.36B USD Point-in-time
Total current liabilities LiabilitiesCurrent $5.11B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.28B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $15.51B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $14.96B USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $791.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $804.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $421.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $400.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $235.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $36.00M USD Point-in-time
Contract liabilities long-term ContractWithCustomerLiabilityNoncurrent $15.00M USD Point-in-time
Contract liabilities long-term ContractWithCustomerLiabilityNoncurrent $14.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $1.44B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $1.81B USD Point-in-time
Total liabilities Liabilities $23.32B USD Point-in-time
Total liabilities Liabilities $22.50B 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 $2.20B USD Point-in-time
Redeemable noncontrolling interests in equity of consolidated subsidiaries RedeemableNoncontrollingInterestEquityCarryingAmount $2.07B USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 156,276,317 shares issued at September 30, 2022 and 155,520,691 shares issued at December 31, 2021 CommonStockValue $8.00M USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 156,276,317 shares issued at September 30, 2022 and 155,520,691 shares issued at December 31, 2021 CommonStockValue $8.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.88B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.77B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-229.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-233.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.21B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-905.00M USD Point-in-time
Common stock in treasury, at cost, 48,327,503 shares at September 30, 2022 and 48,331,649 shares at December 31, 2021 TreasuryStockCommonValue $2.41B USD Point-in-time
Common stock in treasury, at cost, 48,327,503 shares at September 30, 2022 and 48,331,649 shares at December 31, 2021 TreasuryStockCommonValue $2.41B USD Point-in-time
Total shareholders equity StockholdersEquity $1.24B USD Point-in-time
Total shareholders equity StockholdersEquity $1.03B USD Point-in-time
Noncontrolling interests MinorityInterest $1.03B USD Point-in-time
Noncontrolling interests MinorityInterest $1.27B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $937.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.11B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.17B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.06B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.05B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.51B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.64B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $27.58B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $27.08B USD Point-in-time
Income Statement 132 line items
Line Item Tag Value Unit Period
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $14.63B USD 3 Qtrs
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $14.18B USD 3 Qtrs
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $4.80B USD 1 Quarter
Net operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $4.89B USD 1 Quarter
Grant income RevenueNotFromContractWithCustomer $3.00M USD 1 Quarter
Grant income RevenueNotFromContractWithCustomer $154.00M USD 3 Qtrs
Grant income RevenueNotFromContractWithCustomer $54.00M USD 1 Quarter
Grant income RevenueNotFromContractWithCustomer $53.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $51.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $45.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $151.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $141.00M USD 3 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $2.21B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $2.23B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $6.54B USD 3 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $6.69B USD 3 Qtrs
Supplies SuppliesExpense $827.00M USD 1 Quarter
Supplies SuppliesExpense $2.41B USD 3 Qtrs
Supplies SuppliesExpense $817.00M USD 1 Quarter
Supplies SuppliesExpense $2.49B USD 3 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $1.05B USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $3.18B USD 3 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $1.02B USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $2.97B USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $654.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $209.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $628.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $209.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $97.00M 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 $24.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $55.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-64.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-29.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-12.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-50.00M USD 3 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities NetGainsLossesOnSaleConsolidationAndDeconsolidationOfFacilities - USD 3 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities NetGainsLossesOnSaleConsolidationAndDeconsolidationOfFacilities - USD 1 Quarter
Net gains on sales, consolidation and deconsolidation of facilities NetGainsLossesOnSaleConsolidationAndDeconsolidationOfFacilities $412.00M USD 1 Quarter
Net gains on sales, consolidation and deconsolidation of facilities NetGainsLossesOnSaleConsolidationAndDeconsolidationOfFacilities $427.00M USD 3 Qtrs
Operating income OperatingIncomeLoss $1.01B USD 1 Quarter
Operating income OperatingIncomeLoss $2.12B USD 3 Qtrs
Operating income OperatingIncomeLoss $1.80B USD 3 Qtrs
Operating income OperatingIncomeLoss $596.00M USD 1 Quarter
Interest expense InterestExpense $227.00M USD 1 Quarter
Interest expense InterestExpense $222.00M USD 1 Quarter
Interest expense InterestExpense $671.00M USD 3 Qtrs
Interest expense InterestExpense $702.00M USD 3 Qtrs
Other non-operating income, net OtherNonoperatingIncomeExpense $6.00M USD 1 Quarter
Other non-operating income, net OtherNonoperatingIncomeExpense $7.00M USD 1 Quarter
Other non-operating income, net OtherNonoperatingIncomeExpense $6.00M USD 3 Qtrs
Other non-operating income, net OtherNonoperatingIncomeExpense $16.00M USD 3 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-20.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-74.00M USD 3 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-109.00M USD 3 Qtrs
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.36B USD 3 Qtrs
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $380.00M USD 1 Quarter
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $774.00M USD 1 Quarter
Income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.02B USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $197.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $297.00M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $303.00M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $112.00M USD 1 Quarter
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $1.06B USD 3 Qtrs
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $726.00M USD 3 Qtrs
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $577.00M USD 1 Quarter
Income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $268.00M USD 1 Quarter
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $1.00M USD 3 Qtrs
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax - USD 3 Qtrs
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $1.00M USD 1 Quarter
Income from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax - USD 1 Quarter
Income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $1.00M 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 - USD 1 Quarter
Net income ProfitLoss $727.00M USD 3 Qtrs
Net income ProfitLoss $1.06B USD 3 Qtrs
Net income ProfitLoss $268.00M USD 1 Quarter
Net income ProfitLoss $578.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $392.00M USD 3 Qtrs
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $418.00M USD 3 Qtrs
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $129.00M USD 1 Quarter
Less: Net income available to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $137.00M USD 1 Quarter
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $131.00M USD 1 Quarter
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $309.00M USD 3 Qtrs
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $449.00M USD 1 Quarter
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $665.00M USD 3 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $448.00M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $308.00M USD 3 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $131.00M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $665.00M USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $1.00M USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $1.00M USD 1 Quarter
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $131.00M USD 1 Quarter
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $309.00M USD 3 Qtrs
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $449.00M USD 1 Quarter
Net income available to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $665.00M USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $1.21 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $2.86 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $4.18 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $6.23 USD 3 Qtrs
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 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.01 USD 3 Qtrs
Total earnings (loss) per share, basic (in dollars per share) EarningsPerShareBasic $1.21 USD 1 Quarter
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 $4.19 USD 1 Quarter
Total earnings (loss) per share, basic (in dollars per share) EarningsPerShareBasic $2.87 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $6.13 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $4.12 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $2.81 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.16 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.01 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
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Total earnings (loss) per share, diluted (in dollars per share) EarningsPerShareDiluted $2.82 USD 3 Qtrs
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 $1.16 USD 1 Quarter
Total earnings (loss) per share, diluted (in dollars per share) EarningsPerShareDiluted $6.13 USD 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 107.05M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 107.92M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 107.73M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 106.73M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 108.76M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 112.29M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 109.89M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 108.47M shares 3 Qtrs
Cash Flow Statement 100 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $727.00M USD 3 Qtrs
Net income ProfitLoss $1.06B USD 3 Qtrs
Net income ProfitLoss $268.00M USD 1 Quarter
Net income ProfitLoss $578.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $654.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $209.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $628.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $209.00M USD 1 Quarter
Deferred income tax expense DeferredIncomeTaxExpenseBenefit $183.00M USD 3 Qtrs
Deferred income tax expense DeferredIncomeTaxExpenseBenefit $208.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $43.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $47.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $97.00M 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 $24.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $55.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-64.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-29.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-12.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-50.00M USD 3 Qtrs
Net gains on sales, consolidation and deconsolidation of facilities NetGainonSaleConsolidationAndDeconsolidationOfFacilities - 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 $-20.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-74.00M USD 3 Qtrs
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-109.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-10.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates, net of distributions received IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-14.00M USD 3 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $23.00M USD 3 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $25.00M USD 3 Qtrs
Pre-tax income from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $1.00M USD 3 Qtrs
Pre-tax income from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax - USD 3 Qtrs
Net gains from the sale of investments and long-lived assets GainLossOnDispositionOfAssets1 $115.00M USD 3 Qtrs
Net gains from the sale of investments and long-lived assets GainLossOnDispositionOfAssets1 $16.00M USD 3 Qtrs
Other items, net OtherNoncashIncomeExpense $7.00M USD 3 Qtrs
Other items, net OtherNoncashIncomeExpense $-12.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $202.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $39.00M USD 3 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $-89.00M USD 3 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $111.00M USD 3 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $-67.00M USD 3 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $59.00M USD 3 Qtrs
Accounts payable, accrued expenses, contract liabilities and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-942.00M USD 3 Qtrs
Accounts payable, accrued expenses, contract liabilities and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-149.00M USD 3 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $-28.00M USD 3 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $8.00M USD 3 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $157.00M 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 $1.21B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $662.00M USD 3 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $111.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $472.00M USD 3 Qtrs
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $165.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $354.00M 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 $224.00M USD 3 Qtrs
Proceeds from sales of facilities and other assets ProceedsFromDivestitureOfBusinesses $209.00M USD 3 Qtrs
Proceeds from sales of facilities and other assets ProceedsFromDivestitureOfBusinesses $1.24B 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 $61.00M USD 3 Qtrs
Purchases of marketable securities and equity investments PaymentsToAcquireInvestments $68.00M USD 3 Qtrs
Purchases of marketable securities and equity investments PaymentsToAcquireInvestments $23.00M USD 3 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $8.00M USD 3 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $10.00M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-502.00M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $802.00M USD 3 Qtrs
Repayments of borrowings RepaymentsOfDebt $3.18B USD 3 Qtrs
Repayments of borrowings RepaymentsOfDebt $2.79B USD 3 Qtrs
Proceeds from borrowings ProceedsFromIssuanceOfDebt $2.02B USD 3 Qtrs
Proceeds from borrowings ProceedsFromIssuanceOfDebt $1.41B USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $24.00M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $15.00M USD 3 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $316.00M USD 3 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $432.00M USD 3 Qtrs
Proceeds from the sale of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $14.00M USD 3 Qtrs
Proceeds from the sale of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $16.00M USD 3 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders $19.00M USD 3 Qtrs
Purchases of noncontrolling interests PaymentsToMinorityShareholders $61.00M 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 - USD 3 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $-53.00M USD 3 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $-49.00M USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-2.17B USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-1.32B USD 3 Qtrs
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-154.00M USD 3 Qtrs
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.16B 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 $2.29B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.36B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.21B 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 $2.29B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.36B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.21B USD Point-in-time
Interest paid, net of capitalized interest InterestPaidNet $601.00M USD 3 Qtrs
Interest paid, net of capitalized interest InterestPaidNet $664.00M USD 3 Qtrs
Income tax payments, net IncomeTaxesPaidNet $-148.00M USD 3 Qtrs
Income tax payments, net IncomeTaxesPaidNet $-54.00M USD 3 Qtrs
Comprehensive Income 43 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $727.00M USD 3 Qtrs
Net income ProfitLoss $1.06B USD 3 Qtrs
Net income ProfitLoss $268.00M USD 1 Quarter
Net income ProfitLoss $578.00M USD 1 Quarter
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 $7.00M USD 3 Qtrs
Amortization of net actuarial loss included in other non-operating income, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $2.00M USD 1 Quarter
Unrealized losses on debt securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax - USD 1 Quarter
Unrealized losses on debt securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-4.00M USD 3 Qtrs
Unrealized losses on debt securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-1.00M USD 1 Quarter
Unrealized losses on debt securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax - USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $1.00M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $2.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $3.00M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $1.00M USD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $3.00M USD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $3.00M USD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $6.00M USD 3 Qtrs
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $9.00M USD 3 Qtrs
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $2.00M USD 3 Qtrs
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $1.00M USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $2.00M USD 3 Qtrs
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax - USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $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 $3.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $-1.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $5.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $4.00M USD 3 Qtrs
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $2.00M USD 1 Quarter
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $270.00M USD 1 Quarter
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.06B USD 3 Qtrs
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $731.00M USD 3 Qtrs
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $581.00M USD 1 Quarter
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $418.00M USD 3 Qtrs
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $129.00M USD 1 Quarter
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $137.00M USD 1 Quarter
Less: Comprehensive income available to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $392.00M USD 3 Qtrs
Comprehensive income available to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $672.00M USD 3 Qtrs
Comprehensive income available to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $313.00M USD 3 Qtrs
Comprehensive income available to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $133.00M USD 1 Quarter
Comprehensive income available 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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