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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 16 $ 179 $ 368
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 505 534 540
Deferred income taxes 35 165 170
Stock-based compensation expense 22 20 25
Impairment and (gain) loss on sale of businesses, net (87) 71 24
(Gain) loss from early extinguishment of debt (72) (253) 79
Gain on sale of equity interests in Macon Healthcare, LLC     (39)
Gain from CoreTrust Transaction   (119)  
Other non-cash expenses, net 181 182 78
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:      
Patient accounts receivable (193) 22 (136)
Supplies, prepaid expenses and other current assets (82) (128) 1
Repayment/derecognition of Medicare accelerated payments     (1,081)
Accounts payable, accrued liabilities and income taxes (50) (158) 16
Other (65) (215) (176)
Net cash provided by (used in) operating activities 210 300 (131)
Cash flows from investing activities:      
Acquisitions of facilities and other related businesses (38) (9) (3)
Purchases of property and equipment (467) (415) (469)
Proceeds from disposition of hospitals and other ancillary operations 432 89 17
Proceeds from sale of property and equipment 28 38 10
Purchases of available-for-sale debt securities and equity securities (137) (114) (171)
Proceeds from sales of available-for-sale debt securities and equity securities 232 110 102
Purchases of investments in unconsolidated affiliates (11) (19) (7)
Proceeds from sale of equity interests in Macon Healthcare, LLC     110
Distribution of CoreTrust Transaction proceeds   121  
Increase in other investments (65) (60) (113)
Net cash used in investing activities (26) (259) (524)
Cash flows from financing activities:      
Repurchase of restricted stock shares for payroll tax withholding requirements (4) (8) (5)
Deferred financing costs and other debt-related costs (3) (74) (313)
Proceeds from noncontrolling investors in joint ventures 5 13  
Redemption of noncontrolling investments in joint ventures (1) (5) (19)
Distributions to noncontrolling investors in joint ventures (141) (125) (121)
Other borrowings 39 48 60
Issuance of long-term debt 989 1,535 4,310
Proceeds from ABL Facility 3,176 542  
Repayments of long-term indebtedness (4,324) (2,356) (4,426)
Net cash used in financing activities (264) (430) (514)
Net change in cash and cash equivalents (80) (389) (1,169)
Cash and cash equivalents at beginning of period 118 507 1,676
Cash and cash equivalents at end of period 38 118 507
Supplemental disclosure of cash flow information:      
Interest payments (801) (835) (778)
Income tax (payments) refunds, net $ (91) $ (6) $ (4)