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10-Q Filing

TENET HEALTHCARE CORP CIK: 70318 Q3 2015
Filing Information
Form Type 10-Q
Accession Number 0001558370-15-002120
Period End Date 20150930
Filing Date 20151102
Fiscal Year 2015
Fiscal Period Q3
XBRL Instance thc-20150930.xml
Filing Contents
Balance Sheet 93 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $913.00M USD Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $852.00M USD Point-in-time
Property and equipment, accumulated depreciation and amortization (in dollars) AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $4.14B USD Point-in-time
Property and equipment, accumulated depreciation and amortization (in dollars) AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $4.48B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $200.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $113.00M USD Point-in-time
Other intangible assets, accumulated amortization (in dollars) FiniteLivedIntangibleAssetsAccumulatedAmortization $671.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $193.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $450.00M USD Point-in-time
Other intangible assets, accumulated amortization (in dollars) FiniteLivedIntangibleAssetsAccumulatedAmortization $699.00M USD Point-in-time
Accounts receivable, less allowance for doubtful accounts ($913 at September 30, 2015 and $852 at December 31, 2014) AccountsReceivableNetCurrent $2.52B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.05 USD Point-in-time
Accounts receivable, less allowance for doubtful accounts ($913 at September 30, 2015 and $852 at December 31, 2014) AccountsReceivableNetCurrent $2.40B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.05 USD Point-in-time
Inventories of supplies, at cost InventoryNet $275.00M USD Point-in-time
Common stock, authorized shares CommonStockSharesAuthorized 262.50M shares Point-in-time
Common stock, authorized shares CommonStockSharesAuthorized 262.50M shares Point-in-time
Inventories of supplies, at cost InventoryNet $276.00M USD Point-in-time
Income tax receivable IncomeTaxesReceivable $2.00M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 145.58M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 146.77M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $33.00M USD Point-in-time
Current portion of deferred income taxes DeferredTaxAssetsNetCurrent $747.00M USD Point-in-time
Common stock in treasury, shares TreasuryStockShares 47.20M shares Point-in-time
Current portion of deferred income taxes DeferredTaxAssetsNetCurrent $625.00M USD Point-in-time
Common stock in treasury, shares TreasuryStockShares 47.18M shares Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $1.19B USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $2.00M USD Point-in-time
Other current assets OtherAssetsCurrent $1.20B USD Point-in-time
Other current assets OtherAssetsCurrent $1.09B USD Point-in-time
Total current assets AssetsCurrent $6.30B USD Point-in-time
Total current assets AssetsCurrent $4.72B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $384.00M USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $1.03B USD Point-in-time
Deferred income taxes, net of current portion DeferredTaxAssetsNetNoncurrent $116.00M USD Point-in-time
Deferred income taxes, net of current portion DeferredTaxAssetsNetNoncurrent $82.00M USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($4,145 at September 30, 2015 and $4,478 at December 31, 2014 PropertyPlantAndEquipmentNet $7.73B USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($4,145 at September 30, 2015 and $4,478 at December 31, 2014 PropertyPlantAndEquipmentNet $7.33B USD Point-in-time
Goodwill Goodwill $3.91B USD Point-in-time
Goodwill Goodwill $6.61B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($699 at September 30, 2015 and $671 at December 31, 2014) IntangibleAssetsNetExcludingGoodwill $1.28B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($699 at September 30, 2015 and $671 at December 31, 2014) IntangibleAssetsNetExcludingGoodwill $1.83B USD Point-in-time
Total assets Assets $23.17B USD Point-in-time
Total assets Assets $18.14B USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $112.00M USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $112.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.18B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.21B USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $821.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $852.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $185.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $189.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $194.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $307.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $226.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.24B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.05B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.09B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.58B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $11.70B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $14.64B USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $492.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $566.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $621.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $633.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $558.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $551.00M USD Point-in-time
Total liabilities Liabilities $16.95B USD Point-in-time
Total liabilities Liabilities $20.47B 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 $401.00M USD Point-in-time
Redeemable noncontrolling interests in equity of consolidated subsidiaries RedeemableNoncontrollingInterestEquityCarryingAmount $1.68B USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 146,774,768 shares issued at September 30, 2015 and 145,578,735 shares issued at December 31, 2014 CommonStockValue $7.00M USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 146,774,768 shares issued at September 30, 2015 and 145,578,735 shares issued at December 31, 2014 CommonStockValue $7.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.80B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.61B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-173.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-182.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.45B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.41B USD Point-in-time
Common stock in treasury, at cost, 47,182,492 shares at September 30, 2015 and 47,196,902 shares at December 31, 2014 TreasuryStockValue $2.38B USD Point-in-time
Common stock in treasury, at cost, 47,182,492 shares at September 30, 2015 and 47,196,902 shares at December 31, 2014 TreasuryStockValue $2.38B USD Point-in-time
Total shareholders' equity StockholdersEquity $651.00M USD Point-in-time
Total shareholders' equity StockholdersEquity $802.00M USD Point-in-time
Noncontrolling interests MinorityInterest $216.00M USD Point-in-time
Noncontrolling interests MinorityInterest $134.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $866.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $878.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $785.00M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $18.14B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $23.17B USD Point-in-time
Income Statement 134 line items
Line Item Tag Value Unit Period
Net operating revenues before provision for doubtful accounts HealthCareOrganizationRevenue $4.42B USD 1 Quarter
Net operating revenues before provision for doubtful accounts HealthCareOrganizationRevenue $14.69B USD 3 Qtrs
Net operating revenues before provision for doubtful accounts HealthCareOrganizationRevenue $13.09B USD 3 Qtrs
Net operating revenues before provision for doubtful accounts HealthCareOrganizationRevenue $5.06B USD 1 Quarter
Less: Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $371.00M USD 1 Quarter
Less: Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $1.09B USD 3 Qtrs
Less: Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $249.00M USD 1 Quarter
Less: Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $949.00M USD 3 Qtrs
Net operating revenues HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions $4.17B USD 1 Quarter
Net operating revenues HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions $12.14B USD 3 Qtrs
Net operating revenues HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions $13.61B USD 3 Qtrs
Net operating revenues HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions $4.69B USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $48.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $28.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $4.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $9.00M USD 3 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $5.91B USD 3 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $2.03B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $2.26B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $6.57B USD 3 Qtrs
Supplies HealthCareOrganizationMedicalSuppliesAndDrugsExpense $2.15B USD 3 Qtrs
Supplies HealthCareOrganizationMedicalSuppliesAndDrugsExpense $752.00M USD 1 Quarter
Supplies HealthCareOrganizationMedicalSuppliesAndDrugsExpense $1.94B USD 3 Qtrs
Supplies HealthCareOrganizationMedicalSuppliesAndDrugsExpense $665.00M USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $1.03B USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $3.33B USD 3 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $3.07B USD 3 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $1.15B USD 1 Quarter
Electronic health record incentives ElectronicHealthRecordIncentives $-72.00M USD 3 Qtrs
Electronic health record incentives ElectronicHealthRecordIncentives $-46.00M USD 3 Qtrs
Electronic health record incentives ElectronicHealthRecordIncentives $-7.00M USD 1 Quarter
Electronic health record incentives ElectronicHealthRecordIncentives $-5.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $207.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $609.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $589.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $185.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $37.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $266.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $44.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $90.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-67.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-19.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-4.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-50.00M USD 1 Quarter
Operating income OperatingIncomeLoss $588.00M USD 3 Qtrs
Operating income OperatingIncomeLoss $211.00M USD 1 Quarter
Operating income OperatingIncomeLoss $287.00M USD 1 Quarter
Operating income OperatingIncomeLoss $741.00M USD 3 Qtrs
Interest expense InterestExpense $248.00M USD 1 Quarter
Interest expense InterestExpense $558.00M USD 3 Qtrs
Interest expense InterestExpense $664.00M USD 3 Qtrs
Interest expense InterestExpense $186.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-24.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-24.00M USD 3 Qtrs
Investment earnings GainLossOnInvestments $1.00M USD 1 Quarter
Net income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $6.00M USD 3 Qtrs
Net income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $40.00M USD 1 Quarter
Net income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $77.00M USD 3 Qtrs
Net income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $1.00M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $-11.00M USD 3 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $-18.00M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $11.00M USD 1 Quarter
Net income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $77.00M USD 3 Qtrs
Net income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $19.00M USD 1 Quarter
Net income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $29.00M USD 1 Quarter
Net income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $17.00M USD 3 Qtrs
Loss from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-2.00M USD 1 Quarter
Loss from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-1.00M USD 1 Quarter
Loss from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-4.00M USD 3 Qtrs
Loss from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-17.00M USD 3 Qtrs
Litigation and investigation costs DisposalGroupIncludingDiscontinuedOperationLitigationAndInvestigationExpense $3.00M USD 3 Qtrs
Litigation and investigation costs DisposalGroupIncludingDiscontinuedOperationLitigationAndInvestigationExpense $-18.00M USD 3 Qtrs
Income tax benefit DiscontinuedOperationTaxEffectOfDiscontinuedOperation $-1.00M USD 1 Quarter
Income tax benefit DiscontinuedOperationTaxEffectOfDiscontinuedOperation $-13.00M USD 3 Qtrs
Net loss from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-22.00M USD 3 Qtrs
Net loss from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-1.00M USD 1 Quarter
Net loss from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-1.00M USD 3 Qtrs
Net loss from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-1.00M USD 1 Quarter
Net income (loss) ProfitLoss $-5.00M USD 3 Qtrs
Net income (loss) ProfitLoss $76.00M USD 3 Qtrs
Net income (loss) ProfitLoss $28.00M USD 1 Quarter
Net income (loss) ProfitLoss $18.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $9.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $44.00M USD 3 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $57.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $119.00M USD 3 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-43.00M USD 3 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-29.00M USD 1 Quarter
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-49.00M USD 3 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $9.00M USD 1 Quarter
Net income (loss) from continuing operations, net of tax IncomeLossFromContinuingOperations $-27.00M USD 3 Qtrs
Net income (loss) from continuing operations, net of tax IncomeLossFromContinuingOperations $-42.00M USD 3 Qtrs
Net income (loss) from continuing operations, net of tax IncomeLossFromContinuingOperations $-28.00M USD 1 Quarter
Net income (loss) from continuing operations, net of tax IncomeLossFromContinuingOperations $10.00M USD 1 Quarter
Net loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.00M USD 3 Qtrs
Net loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.00M USD 1 Quarter
Net loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-22.00M USD 3 Qtrs
Net loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.00M USD 1 Quarter
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-43.00M USD 3 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-29.00M USD 1 Quarter
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-49.00M USD 3 Qtrs
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $9.00M USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.28 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.10 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.27 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.42 USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.23 USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.01 USD 3 Qtrs
Total loss per share, Basic (in dollars per share) EarningsPerShareBasic $-0.43 USD 3 Qtrs
Total loss per share, Basic (in dollars per share) EarningsPerShareBasic $-0.29 USD 1 Quarter
Total loss per share, Basic (in dollars per share) EarningsPerShareBasic $0.09 USD 1 Quarter
Total loss per share, Basic (in dollars per share) EarningsPerShareBasic $-0.50 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.10 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.42 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.27 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.28 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.23 USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 USD 1 Quarter
Total loss per share, Diluted (in dollars per share) EarningsPerShareDiluted $-0.50 USD 3 Qtrs
Total loss per share, Diluted (in dollars per share) EarningsPerShareDiluted $-0.43 USD 3 Qtrs
Total loss per share, Diluted (in dollars per share) EarningsPerShareDiluted $-0.29 USD 1 Quarter
Total loss per share, Diluted (in dollars per share) EarningsPerShareDiluted $0.09 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 98.04M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 99.54M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 97.62M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 99.16M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 97.62M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 100.93M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 99.54M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 99.16M shares 3 Qtrs
Cash Flow Statement 99 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-5.00M USD 3 Qtrs
Net income (loss) ProfitLoss $76.00M USD 3 Qtrs
Net income (loss) ProfitLoss $28.00M USD 1 Quarter
Net income (loss) ProfitLoss $18.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $207.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $609.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $589.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $185.00M USD 1 Quarter
Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $371.00M USD 1 Quarter
Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $1.09B USD 3 Qtrs
Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $249.00M USD 1 Quarter
Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $949.00M USD 3 Qtrs
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-10.00M USD 3 Qtrs
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-22.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $41.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $50.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $37.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $266.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $44.00M USD 1 Quarter
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $90.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-67.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-19.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-4.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-50.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-24.00M USD 1 Quarter
Loss from early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-24.00M USD 3 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $32.00M USD 3 Qtrs
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $21.00M USD 3 Qtrs
Pre-tax loss from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $-35.00M USD 3 Qtrs
Pre-tax loss from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $-1.00M USD 3 Qtrs
Other items, net OtherNoncashIncomeExpense $26.00M USD 3 Qtrs
Other items, net OtherNoncashIncomeExpense $16.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.12B USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.31B USD 3 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $62.00M USD 3 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $-12.00M USD 3 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $5.00M USD 3 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $7.00M USD 3 Qtrs
Accounts payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $39.00M USD 3 Qtrs
Accounts payable, accrued expenses and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $120.00M USD 3 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $38.00M USD 3 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $31.00M USD 3 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $115.00M USD 3 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $157.00M USD 3 Qtrs
Net cash used in operating activities from discontinued operations, excluding income taxes CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-18.00M USD 3 Qtrs
Net cash used in operating activities from discontinued operations, excluding income taxes CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-16.00M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $468.00M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $835.00M USD 3 Qtrs
Purchases of property and equipment - continuing operations PaymentsToAcquirePropertyPlantAndEquipment $734.00M USD 3 Qtrs
Purchases of property and equipment - continuing operations PaymentsToAcquirePropertyPlantAndEquipment $566.00M USD 3 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $720.00M USD 3 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $185.00M USD 3 Qtrs
Proceeds from sales of facilities and other assets ProceedsFromDivestitureOfBusinesses $28.00M USD 3 Qtrs
Proceeds from sales of facilities and other assets ProceedsFromDivestitureOfBusinesses $4.00M USD 3 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $8.00M USD 3 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $18.00M USD 3 Qtrs
Purchases of equity investments PaymentsToAcquireEquityMethodInvestments $18.00M USD 3 Qtrs
Purchases of equity investments PaymentsToAcquireEquityMethodInvestments $6.00M USD 3 Qtrs
Other long-term assets PaymentsForProceedsFromProductiveAssets $4.00M USD 3 Qtrs
Other long-term assets PaymentsForProceedsFromProductiveAssets $6.00M USD 3 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $8.00M USD 3 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $-3.00M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-914.00M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.27B USD 3 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $1.88B USD 3 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $1.97B USD 3 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $1.56B USD 3 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $1.77B USD 3 Qtrs
Repayments of other borrowings RepaymentsOfLongTermDebtAndCapitalSecurities $655.00M USD 3 Qtrs
Repayments of other borrowings RepaymentsOfLongTermDebtAndCapitalSecurities $2.01B USD 3 Qtrs
Proceeds from other borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $3.21B USD 3 Qtrs
Proceeds from other borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $1.61B USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $26.00M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $76.00M USD 3 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $65.00M USD 3 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $30.00M USD 3 Qtrs
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $3.00M USD 3 Qtrs
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $15.00M USD 3 Qtrs
Purchase of noncontrolling interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest $254.00M USD 3 Qtrs
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $15.00M USD 3 Qtrs
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $23.00M USD 3 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $-16.00M USD 3 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $3.00M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $694.00M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $533.00M USD 3 Qtrs
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $257.00M USD 3 Qtrs
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $87.00M USD 3 Qtrs
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $200.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $113.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $193.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $450.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $200.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $113.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $193.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $450.00M USD Point-in-time
Interest paid, net of capitalized interest InterestPaidNet $487.00M USD 3 Qtrs
Interest paid, net of capitalized interest InterestPaidNet $519.00M USD 3 Qtrs
Income tax refunds (payments), net IncomeTaxesPaidNet $6.00M USD 3 Qtrs
Income tax refunds (payments), net IncomeTaxesPaidNet $5.00M USD 3 Qtrs
Comprehensive Income 34 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-5.00M USD 3 Qtrs
Net income (loss) ProfitLoss $76.00M USD 3 Qtrs
Net income (loss) ProfitLoss $28.00M USD 1 Quarter
Net income (loss) ProfitLoss $18.00M USD 1 Quarter
Amortization of prior-year service costs included in net periodic benefit costs OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax $-3.00M USD 1 Quarter
Amortization of prior-year service costs included in net periodic benefit costs OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax $-8.00M USD 3 Qtrs
Amortization of prior-year service costs included in net periodic benefit costs OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax $-1.00M USD 1 Quarter
Amortization of prior-year service costs included in net periodic benefit costs OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax $-4.00M USD 3 Qtrs
Unrealized gains (losses) on securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-1.00M USD 3 Qtrs
Unrealized gains (losses) on securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-2.00M USD 1 Quarter
Unrealized gains (losses) on securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-1.00M USD 1 Quarter
Unrealized gains (losses) on securities held as available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $2.00M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $3.00M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $3.00M USD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $4.00M USD 1 Quarter
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $10.00M USD 3 Qtrs
Other comprehensive income before income taxes OtherComprehensiveIncomeLossBeforeTax $6.00M USD 3 Qtrs
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $1.00M USD 3 Qtrs
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $2.00M USD 3 Qtrs
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $4.00M USD 3 Qtrs
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $4.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $9.00M USD 3 Qtrs
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $32.00M USD 1 Quarter
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.00M USD 3 Qtrs
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $85.00M USD 3 Qtrs
Comprehensive net income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $18.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $57.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $44.00M USD 3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $9.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $119.00M USD 3 Qtrs
Comprehensive net income available (loss attributable) to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-45.00M USD 3 Qtrs
Comprehensive net income available (loss attributable) to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-25.00M USD 1 Quarter
Comprehensive net income available (loss attributable) to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-34.00M USD 3 Qtrs
Comprehensive net income available (loss attributable) to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $9.00M USD 1 Quarter

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

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