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Stockholders' Deficit (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of Stockholders' Deficit

The schedule below presents the reconciliation of the carrying amount of total equity, equity attributable to the Company’s stockholders, and equity attributable to noncontrolling interests as of March 31, 2024, and during the three-month period following December 31, 2023 (in millions). Other reclassifications of noncontrolling interests reflects reclassification of amounts from redeemable noncontrolling interests to noncontrolling interests due to the expiration of redemption features.

 

 

 

 

 

 

 

 

Community Health Systems, Inc. Stockholders

 

 

 

 

 

 

 

 

 

Redeemable
Noncontrolling
Interest

 

 

 

Common
Stock

 

 

Additional
Paid-In
Capital

 

 

Accumulated
Other
Comprehensive
(Loss) Income

 

 

Accumulated
Deficit

 

 

Noncontrolling
Interest

 

 

Total
Stockholders’
Deficit

 

Balance, December 31, 2023

 

$

323

 

 

 

$

1

 

 

$

2,185

 

 

$

(14

)

 

$

(3,564

)

 

$

245

 

 

$

(1,147

)

Comprehensive income (loss)

 

 

16

 

 

 

 

 

 

 

 

 

 

(2

)

 

 

(41

)

 

 

19

 

 

 

(24

)

Distributions to noncontrolling
   interests

 

 

(17

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(33

)

 

 

(33

)

Adjustment to redemption value of
   redeemable noncontrolling
   interests

 

 

(3

)

 

 

 

 

 

 

3

 

 

 

 

 

 

 

 

 

 

 

 

3

 

Cancellation of restricted stock for
   tax withholdings on vested shares

 

 

 

 

 

 

 

 

 

(2

)

 

 

 

 

 

 

 

 

 

 

 

(2

)

Other reclassifications of
   noncontrolling interests

 

 

10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(10

)

 

 

(10

)

Share-based compensation

 

 

 

 

 

 

 

 

 

6

 

 

 

 

 

 

 

 

 

 

 

 

6

 

Balance, March 31, 2024

 

$

329

 

 

 

$

1

 

 

$

2,192

 

 

$

(16

)

 

$

(3,605

)

 

$

221

 

 

$

(1,207

)

The following schedule presents the reconciliation of the carrying amount of total equity, equity attributable to the Company’s stockholders, and equity attributable to the noncontrolling interests as of March 31, 2023, and during the three-month period following December 31, 2022 (in millions):

 

 

 

 

 

 

 

Community Health Systems, Inc. Stockholders

 

 

 

 

 

 

 

 

 

Redeemable
Noncontrolling
Interest

 

 

 

Common
Stock

 

 

Additional
Paid-In
Capital

 

 

Accumulated
Other
Comprehensive
(Loss) Income

 

 

Accumulated
Deficit

 

 

Noncontrolling
Interest

 

 

Total
Stockholders’
Deficit

 

Balance, December 31, 2022

 

$

541

 

 

 

$

1

 

 

$

2,084

 

 

$

(21

)

 

$

(3,431

)

 

$

92

 

 

$

(1,275

)

Comprehensive income (loss)

 

 

21

 

 

 

 

 

 

 

 

 

 

3

 

 

 

(51

)

 

 

11

 

 

 

(37

)

Distributions to noncontrolling
   interests

 

 

(33

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(11

)

 

 

(11

)

Purchases of subsidiary shares
   from noncontrolling interests

 

 

(1

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contributions from noncontrolling
   interests

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

 

 

 

1

 

Adjustment to redemption value of
   redeemable noncontrolling
   interests

 

 

32

 

 

 

 

 

 

 

(32

)

 

 

 

 

 

 

 

 

 

 

 

(32

)

Cancellation of restricted stock for
   tax withholdings on vested
   shares

 

 

 

 

 

 

 

 

 

(4

)

 

 

 

 

 

 

 

 

 

 

 

(4

)

Share-based compensation

 

 

 

 

 

 

 

 

 

6

 

 

 

 

 

 

 

 

 

 

 

 

6

 

Balance, March 31, 2023

 

$

561

 

 

 

$

1

 

 

$

2,054

 

 

$

(18

)

 

$

(3,482

)

 

$

93

 

 

$

(1,352

)