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10-Q Filing

TENET HEALTHCARE CORP CIK: 70318 Q3 2016
Filing Information
Form Type 10-Q
Accession Number 0001558370-16-008902
Period End Date 20160930
Filing Date 20161031
Fiscal Year 2016
Fiscal Period Q3
XBRL Instance thc-20160930.xml
Filing Contents
Balance Sheet 96 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $887.00M USD Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $981.00M USD Point-in-time
Property and equipment, accumulated depreciation and amortization (in dollars) AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $4.32B USD Point-in-time
Property and equipment, accumulated depreciation and amortization (in dollars) AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $4.96B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $450.00M USD Point-in-time
Other intangible assets, accumulated amortization (in dollars) FiniteLivedIntangibleAssetsAccumulatedAmortization $761.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $356.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $649.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $193.00M USD Point-in-time
Other intangible assets, accumulated amortization (in dollars) FiniteLivedIntangibleAssetsAccumulatedAmortization $659.00M 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 AccountsReceivableNetCurrent $2.70B 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 AccountsReceivableNetCurrent $2.79B USD Point-in-time
Inventories of supplies, at cost InventoryNet $322.00M 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 $309.00M USD Point-in-time
Income tax receivable IncomeTaxesReceivable $7.00M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 147.95M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $11.00M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 146.92M shares Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $550.00M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $17.00M USD Point-in-time
Common stock in treasury, shares TreasuryStockCommonShares 48.42M shares Point-in-time
Common stock in treasury, shares TreasuryStockCommonShares 48.43M shares Point-in-time
Other current assets OtherAssetsCurrent $1.25B USD Point-in-time
Other current assets OtherAssetsCurrent $1.33B USD Point-in-time
Total current assets AssetsCurrent $5.12B USD Point-in-time
Total current assets AssetsCurrent $5.17B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $1.18B USD Point-in-time
Investments and other assets LongTermInvestmentsAndReceivablesNet $1.32B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $840.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $776.00M USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($4,957 at September 30, 2016 and $4,323 at December 31, 2015) PropertyPlantAndEquipmentNet $7.96B USD Point-in-time
Property and equipment, at cost, less accumulated depreciation and amortization ($4,957 at September 30, 2016 and $4,323 at December 31, 2015) PropertyPlantAndEquipmentNet $7.92B USD Point-in-time
Goodwill Goodwill $6.97B USD Point-in-time
Goodwill Goodwill $7.38B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($761 at September 30, 2016 and $659 at December 31, 2015) IntangibleAssetsNetExcludingGoodwill $1.68B USD Point-in-time
Other intangible assets, at cost, less accumulated amortization ($761 at September 30, 2016 and $659 at December 31, 2015) IntangibleAssetsNetExcludingGoodwill $1.85B USD Point-in-time
Total assets Assets $23.68B USD Point-in-time
Total assets Assets $24.47B USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $184.00M USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $127.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.23B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.38B USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $880.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $809.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $177.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveCurrent $185.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $308.00M USD Point-in-time
Accrued interest payable InterestPayableCurrent $205.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $101.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $13.00M USD Point-in-time
Accrued legal settlement costs LitigationReserveCurrent $527.00M USD Point-in-time
Accrued legal settlement costs LitigationReserveCurrent $294.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.14B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.29B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.55B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.31B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $14.38B USD Point-in-time
Long-term debt, net of current portion LongTermDebtAndCapitalLeaseObligations $14.32B USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $578.00M USD Point-in-time
Professional and general liability reserves SelfInsuranceReserveNoncurrent $620.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $586.00M USD Point-in-time
Defined benefit plan obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $595.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $37.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $320.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $606.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $557.00M USD Point-in-time
Total liabilities Liabilities $21.00B USD Point-in-time
Total liabilities Liabilities $20.46B 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 $2.31B USD Point-in-time
Redeemable noncontrolling interests in equity of consolidated subsidiaries RedeemableNoncontrollingInterestEquityCarryingAmount $2.27B USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 147,949,048 shares issued at September 30, 2016 and 146,920,454 shares issued at December 31, 2015 CommonStockValue $7.00M USD Point-in-time
Common stock, $0.05 par value; authorized 262,500,000 shares; 147,949,048 shares issued at September 30, 2016 and 146,920,454 shares issued at December 31, 2015 CommonStockValue $7.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.82B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.80B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-164.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-200.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.55B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.66B USD Point-in-time
Common stock in treasury, at cost, 48,420,844 shares at September 30, 2016 and 48,425,298 shares at December 31, 2015 TreasuryStockCommonValue $2.42B USD Point-in-time
Common stock in treasury, at cost, 48,420,844 shares at September 30, 2016 and 48,425,298 shares at December 31, 2015 TreasuryStockCommonValue $2.42B USD Point-in-time
Total shareholders' equity StockholdersEquity $528.00M USD Point-in-time
Total shareholders' equity StockholdersEquity $691.00M USD Point-in-time
Noncontrolling interests MinorityInterest $267.00M USD Point-in-time
Noncontrolling interests MinorityInterest $637.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $785.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $958.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.17B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $23.68B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $24.47B USD Point-in-time
Income Statement 133 line items
Line Item Tag Value Unit Period
Net operating revenues before provision for doubtful accounts HealthCareOrganizationRevenue $15.86B USD 3 Qtrs
Net operating revenues before provision for doubtful accounts HealthCareOrganizationRevenue $5.22B 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 $5.06B USD 1 Quarter
Less: Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $1.09B USD 3 Qtrs
Less: Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $1.09B USD 3 Qtrs
Less: Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $371.00M USD 1 Quarter
Less: Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $367.00M USD 1 Quarter
Net operating revenues HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions $13.61B USD 3 Qtrs
Net operating revenues HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions $14.76B USD 3 Qtrs
Net operating revenues HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions $4.69B USD 1 Quarter
Net operating revenues HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions $4.85B USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $48.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $31.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $28.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $85.00M USD 3 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $6.57B USD 3 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $7.03B USD 3 Qtrs
Salaries, wages and benefits LaborAndRelatedExpense $2.31B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $2.26B USD 1 Quarter
Supplies HealthCareOrganizationMedicalSuppliesAndDrugsExpense $2.35B USD 3 Qtrs
Supplies HealthCareOrganizationMedicalSuppliesAndDrugsExpense $767.00M USD 1 Quarter
Supplies HealthCareOrganizationMedicalSuppliesAndDrugsExpense $752.00M USD 1 Quarter
Supplies HealthCareOrganizationMedicalSuppliesAndDrugsExpense $2.15B USD 3 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $1.23B USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $3.33B USD 3 Qtrs
Other operating expenses, net OtherCostAndExpenseOperating $1.15B USD 1 Quarter
Other operating expenses, net OtherCostAndExpenseOperating $3.69B USD 3 Qtrs
Electronic health record incentives ElectronicHealthRecordIncentives $-23.00M USD 3 Qtrs
Electronic health record incentives ElectronicHealthRecordIncentives $-2.00M USD 1 Quarter
Electronic health record incentives ElectronicHealthRecordIncentives $-7.00M USD 1 Quarter
Electronic health record incentives ElectronicHealthRecordIncentives $-46.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $205.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $632.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $185.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $589.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $266.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $81.00M 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 $31.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-67.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-50.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-291.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-4.00M USD 1 Quarter
Gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $151.00M USD 3 Qtrs
Gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $3.00M USD 1 Quarter
Operating income OperatingIncomeLoss $287.00M USD 1 Quarter
Operating income OperatingIncomeLoss $947.00M USD 3 Qtrs
Operating income OperatingIncomeLoss $741.00M USD 3 Qtrs
Operating income OperatingIncomeLoss $333.00M USD 1 Quarter
Interest expense InterestExpense $664.00M USD 3 Qtrs
Interest expense InterestExpense $730.00M USD 3 Qtrs
Interest expense InterestExpense $248.00M USD 1 Quarter
Interest expense InterestExpense $243.00M USD 1 Quarter
Investment earnings (losses) GainLossOnInvestments $1.00M USD 1 Quarter
Investment earnings (losses) GainLossOnInvestments $-1.00M USD 1 Quarter
Investment earnings (losses) GainLossOnInvestments $2.00M USD 3 Qtrs
Net income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $89.00M USD 1 Quarter
Net income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $40.00M USD 1 Quarter
Net income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $219.00M USD 3 Qtrs
Net income from continuing operations, before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $77.00M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $10.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $61.00M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $11.00M USD 1 Quarter
Net income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $158.00M USD 3 Qtrs
Net income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $77.00M USD 3 Qtrs
Net income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $79.00M USD 1 Quarter
Net income from continuing operations, before discontinued operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $29.00M USD 1 Quarter
Income (loss) from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-1.00M USD 3 Qtrs
Income (loss) from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $2.00M USD 1 Quarter
Income (loss) from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-5.00M USD 3 Qtrs
Income (loss) from operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax $-1.00M USD 1 Quarter
Income tax expense DiscontinuedOperationTaxEffectOfDiscontinuedOperation $1.00M USD 1 Quarter
Net income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-1.00M USD 1 Quarter
Net income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-1.00M USD 3 Qtrs
Net income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $1.00M USD 1 Quarter
Net income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-5.00M USD 3 Qtrs
Net income ProfitLoss $153.00M USD 3 Qtrs
Net income ProfitLoss $76.00M USD 3 Qtrs
Net income ProfitLoss $80.00M USD 1 Quarter
Net income ProfitLoss $28.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $57.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $88.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $266.00M USD 3 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $119.00M USD 3 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-43.00M USD 3 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-113.00M USD 3 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-8.00M USD 1 Quarter
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-29.00M USD 1 Quarter
Net loss from continuing operations, net of tax IncomeLossFromContinuingOperations $-42.00M USD 3 Qtrs
Net loss from continuing operations, net of tax IncomeLossFromContinuingOperations $-9.00M USD 1 Quarter
Net loss from continuing operations, net of tax IncomeLossFromContinuingOperations $-108.00M USD 3 Qtrs
Net loss from continuing operations, net of tax IncomeLossFromContinuingOperations $-28.00M USD 1 Quarter
Net income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $1.00M USD 1 Quarter
Net income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.00M USD 3 Qtrs
Net income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-5.00M USD 3 Qtrs
Net income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.00M USD 1 Quarter
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-43.00M USD 3 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-113.00M USD 3 Qtrs
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-8.00M USD 1 Quarter
Net loss attributable to Tenet Healthcare Corporation common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-29.00M USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.09 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-1.09 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.42 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.28 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.01 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.05 USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.01 USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.01 USD 1 Quarter
Total loss per share, Basic (in dollars per share) EarningsPerShareBasic $-1.14 USD 3 Qtrs
Total loss per share, Basic (in dollars per share) EarningsPerShareBasic $-0.08 USD 1 Quarter
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 $-0.43 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.09 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-1.09 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.42 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.28 USD 1 Quarter
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 $-0.05 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 $-1.14 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 $-0.08 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 99.16M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 99.21M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 99.52M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 99.54M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 99.52M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 99.16M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 99.21M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 99.54M shares 1 Quarter
Cash Flow Statement 102 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $153.00M USD 3 Qtrs
Net income ProfitLoss $76.00M USD 3 Qtrs
Net income ProfitLoss $80.00M USD 1 Quarter
Net income ProfitLoss $28.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $205.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $632.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $185.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $589.00M USD 3 Qtrs
Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $1.09B USD 3 Qtrs
Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $1.09B USD 3 Qtrs
Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $371.00M USD 1 Quarter
Provision for doubtful accounts HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts $367.00M USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $32.00M USD 3 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-10.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $51.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $50.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $266.00M USD 3 Qtrs
Impairment and restructuring charges, and acquisition-related costs RestructuringSettlementImpairmentProvisionsAndAcquisitionCost $81.00M 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 $31.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-67.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-50.00M USD 1 Quarter
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-291.00M USD 3 Qtrs
Litigation and investigation costs GainLossRelatedToLitigationSettlement $-4.00M USD 1 Quarter
Gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $151.00M USD 3 Qtrs
Gains on sales, consolidation and deconsolidation of facilities GainLossOnSaleConsolidationAndDeconsolidationOfFacilities $3.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates, net of distributions received UndistributedEarnings $-2.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates, net of distributions received UndistributedEarnings $48.00M 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 $33.00M USD 3 Qtrs
Pre-tax loss from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $-5.00M USD 3 Qtrs
Pre-tax loss from discontinued operations DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $-1.00M USD 3 Qtrs
Other items, net OtherNoncashIncomeExpense $3.00M USD 3 Qtrs
Other items, net OtherNoncashIncomeExpense $-22.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.12B USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.16B USD 3 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $62.00M USD 3 Qtrs
Inventories and other current assets IncreaseDecreaseInInventoriesAndOtherAssetsCurrent $95.00M USD 3 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $5.00M USD 3 Qtrs
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $1.00M 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 $-35.00M USD 3 Qtrs
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $48.00M 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 $132.00M USD 3 Qtrs
Payments for restructuring charges, acquisition-related costs, and litigation costs and settlements PaymentsForRestructuringAndLitigationCosts $157.00M USD 3 Qtrs
Net cash provided by (used in) operating activities from discontinued operations, excluding income taxes CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-18.00M USD 3 Qtrs
Net cash provided by (used in) operating activities from discontinued operations, excluding income taxes CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $1.00M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $851.00M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $835.00M USD 3 Qtrs
Purchases of property and equipment - continuing operations PaymentsToAcquirePropertyPlantAndEquipment $566.00M USD 3 Qtrs
Purchases of property and equipment - continuing operations PaymentsToAcquirePropertyPlantAndEquipment $614.00M USD 3 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $96.00M USD 3 Qtrs
Purchases of businesses or joint venture interests, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $720.00M 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 $573.00M USD 3 Qtrs
Proceeds from sales of marketable securities, long-term investments and other assets ProceedsFromSaleOfMarketableSecuritiesLongTermInvestmentsAndOtherAssets $36.00M 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 $37.00M USD 3 Qtrs
Purchases of equity investments PaymentsToAcquireEquityMethodInvestments $18.00M USD 3 Qtrs
Other long-term assets PaymentsForProceedsFromProductiveAssets $15.00M USD 3 Qtrs
Other long-term assets PaymentsForProceedsFromProductiveAssets $6.00M USD 3 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $-3.00M USD 3 Qtrs
Other items, net PaymentsForProceedsFromOtherInvestingActivities $8.00M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.27B USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-150.00M USD 3 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $1.88B USD 3 Qtrs
Repayments of borrowings under credit facility RepaymentsOfLongTermLinesOfCredit $1.20B USD 3 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $1.77B USD 3 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLongTermLinesOfCredit $1.20B USD 3 Qtrs
Repayments of other borrowings RepaymentsOfLongTermDebtAndCapitalSecurities $2.01B USD 3 Qtrs
Repayments of other borrowings RepaymentsOfLongTermDebtAndCapitalSecurities $112.00M USD 3 Qtrs
Proceeds from other borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $3.21B USD 3 Qtrs
Proceeds from other borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $4.00M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $1.00M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $76.00M USD 3 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $151.00M USD 3 Qtrs
Distributions paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $65.00M USD 3 Qtrs
Proceeds from sale of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $4.00M USD 3 Qtrs
Proceeds from sale of noncontrolling interests ProceedsFromSaleOfInterestInCorporateUnit $19.00M USD 3 Qtrs
Purchase of noncontrolling interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest $254.00M USD 3 Qtrs
Purchase of noncontrolling interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest $180.00M USD 3 Qtrs
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $4.00M USD 3 Qtrs
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $15.00M USD 3 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $9.00M USD 3 Qtrs
Other items, net ProceedsFromPaymentsForOtherFinancingActivities $-17.00M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $694.00M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-408.00M USD 3 Qtrs
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $293.00M USD 3 Qtrs
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $257.00M USD 3 Qtrs
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $450.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $356.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $649.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $193.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $450.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $356.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $649.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $193.00M USD Point-in-time
Interest paid, net of capitalized interest InterestPaidNet $519.00M USD 3 Qtrs
Interest paid, net of capitalized interest InterestPaidNet $596.00M USD 3 Qtrs
Income tax payments, net IncomeTaxesPaidNet $6.00M USD 3 Qtrs
Income tax payments, net IncomeTaxesPaidNet $33.00M USD 3 Qtrs
Comprehensive Income 39 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $153.00M USD 3 Qtrs
Net income ProfitLoss $76.00M USD 3 Qtrs
Net income ProfitLoss $80.00M USD 1 Quarter
Net income ProfitLoss $28.00M USD 1 Quarter
Amortization of net actuarial loss included in net periodic benefit costs OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $8.00M USD 3 Qtrs
Amortization of net actuarial loss included in net periodic benefit costs OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $8.00M USD 3 Qtrs
Amortization of net actuarial loss included in net periodic benefit costs OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $3.00M USD 1 Quarter
Amortization of net actuarial loss included in net periodic benefit costs OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAmortizationOfNetActuarialGainLossArisingDuringPeriodBeforeTax $5.00M USD 1 Quarter
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 $3.00M 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 $-2.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $3.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $-3.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $3.00M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $-44.00M USD 3 Qtrs
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTax $-33.00M USD 3 Qtrs
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTax $10.00M USD 3 Qtrs
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTax $4.00M USD 1 Quarter
Other comprehensive income (loss) before income taxes OtherComprehensiveIncomeLossBeforeTax $4.00M USD 1 Quarter
Income tax expense related to items of other comprehensive income (loss) OtherComprehensiveIncomeLossTax $1.00M USD 3 Qtrs
Income tax expense related to items of other comprehensive income (loss) OtherComprehensiveIncomeLossTax $1.00M USD 1 Quarter
Income tax expense related to items of other comprehensive income (loss) OtherComprehensiveIncomeLossTax $3.00M USD 3 Qtrs
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-36.00M USD 3 Qtrs
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $9.00M USD 3 Qtrs
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $4.00M USD 1 Quarter
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $3.00M USD 1 Quarter
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $85.00M USD 3 Qtrs
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $32.00M USD 1 Quarter
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $117.00M USD 3 Qtrs
Comprehensive net income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $83.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $88.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $266.00M USD 3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $57.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $119.00M USD 3 Qtrs
Comprehensive loss attributable to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-5.00M USD 1 Quarter
Comprehensive loss attributable to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-25.00M USD 1 Quarter
Comprehensive loss attributable to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-34.00M USD 3 Qtrs
Comprehensive loss attributable to Tenet Healthcare Corporation common shareholders ComprehensiveIncomeNetOfTax $-149.00M USD 3 Qtrs

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

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