Supplemental Condensed Consolidating Financial Information (Tables)

12 Months Ended

Dec. 31, 2013

Supplemental Financial Information [Abstract]

Schedule of Condensed Consolidating Statement of Income

Condensed Consolidating Statement of Income
Year Ended December 31, 2013
	Parent Guarantor		Issuer		Other Guarantors		Non - Guarantors		Eliminations		Consolidated
	(In thousands)
Operating revenues (net of contractual
allowances and discounts)	$	-	$	(14,923)	$	9,487,566	$	5,379,982	$	-	$	14,852,625
Provision for bad debts		-		-		1,394,111		639,558		-		2,033,669
Net operating revenues		-		(14,923)		8,093,455		4,740,424		-		12,818,956
Operating costs and expenses:
Salaries and benefits		-		-		3,591,443		2,515,948		-		6,107,391
Supplies		-		-		1,284,542		690,694		-		1,975,236
Other operating expenses		-		240		1,824,811		991,582		-		2,816,633
Government settlement and related costs		-		-		101,500		-		-		101,500
Electronic health records incentive reimbursement		-		-		(104,922)		(57,120)		-		(162,042)
Rent		-		-		158,541		120,344		-		278,885
Depreciation and amortization		-		-		521,557		249,799		-		771,356
Total operating costs and expenses		-		240		7,377,472		4,511,247		-		11,888,959
Income from operations		-		(15,163)		715,983		229,177		-		929,997
Interest expense, net		-		(4,749)		554,861		63,010		-		613,122
Loss from early extinguishment of debt		-		1,295		-		-		-		1,295
Equity in earnings of unconsolidated affiliates		(141,203)		(138,906)		(85,859)		-		323,327		(42,641)
Impairment of long-lived assets		-		-		12,100		-		-		12,100
Income from continuing operations before income taxes		141,203		127,197		234,881		166,167		(323,327)		346,121
Provision for (benefit from) income taxes		-		(14,006)		85,208		32,476		-		103,678
Income from continuing operations		141,203		141,203		149,673		133,691		(323,327)		242,443
Discontinued operations, net of taxes:
Loss from operations of entities sold or held for sale		-		-		(12,980)		(7,633)		-		(20,613)
Impairment of hospitals sold or held for sale		-		-		(4,562)		-		-		(4,562)
Loss on sale, net		-		-		-		-		-		-
Loss from discontinued operations, net of taxes		-		-		(17,542)		(7,633)		-		(25,175)
Net income		141,203		141,203		132,131		126,058		(323,327)		217,268
Less: Net income attributable to noncontrolling interests		-		-		-		76,065		-		76,065
Net income attributable to Community Health Systems,
Inc. stockholders	$	141,203	$	141,203	$	132,131	$	49,993	$	(323,327)	$	141,203

Condensed Consolidating Statement of Income
Year Ended December 31, 2012
	Parent Guarantor		Issuer		Other Guarantors		Non - Guarantors		Eliminations		Consolidated
	(In thousands)
Operating revenues (net of contractual
allowances and discounts)	$	-	$	(9,653)	$	9,413,925	$	5,342,487	$	-	$	14,746,759
Provision for bad debts		-		-		1,292,852		621,171		-		1,914,023
Net operating revenues		-		(9,653)		8,121,073		4,721,316		-		12,832,736
Operating costs and expenses:
Salaries and benefits		-		-		3,552,225		2,439,821		-		5,992,046
Supplies		-		-		1,281,193		671,725		-		1,952,918
Other operating expenses		-		603		1,828,771		976,564		-		2,805,938
Government settlement and related costs		-		-		-		-		-		-
Electronic health records incentive reimbursement		-		-		(78,419)		(44,277)		-		(122,696)
Rent		-		-		149,089		115,326		-		264,415
Depreciation and amortization		-		-		472,919		240,973		-		713,892
Total operating costs and expenses		-		603		7,205,778		4,400,132		-		11,606,513
Income from operations		-		(10,256)		915,295		321,184		-		1,226,223
Interest expense, net		-		58,726		503,484		58,747		-		620,957
Loss from early extinguishment of debt		-		115,453		-		-		-		115,453
Equity in earnings of unconsolidated affiliates		(265,640)		(348,878)		(150,606)		-		723,091		(42,033)
Impairment of long-lived assets		-		-		10,000		-		-		10,000
Income from continuing operations before income taxes		265,640		164,443		552,417		262,437		(723,091)		521,846
Provision for (benefit from) income taxes		-		(101,197)		199,423		65,800		-		164,026
Income from continuing operations		265,640		265,640		352,994		196,637		(723,091)		357,820
Discontinued operations, net of taxes:
Loss from operations of entities sold or held for sale		-		-		(5,438)		(6,579)		-		(12,017)
Impairment of hospitals sold or held for sale		-		-		-		-		-		-
Loss on sale, net		-		-		-		-		-		-
Loss from discontinued operations, net of taxes		-		-		(5,438)		(6,579)		-		(12,017)
Net income		265,640		265,640		347,556		190,058		(723,091)		345,803
Less: Net income attributable to noncontrolling interests		-		-		-		80,163		-		80,163
Net income attributable to Community Health Systems,
Inc. stockholders	$	265,640	$	265,640	$	347,556	$	109,895	$	(723,091)	$	265,640

Condensed Consolidating Statement of Income
Year Ended December 31, 2011
	Parent Guarantor		Issuer		Other Guarantors		Non - Guarantors		Eliminations		Consolidated
	(In thousands)
Operating revenues (net of contractual
allowances and discounts)	$	-	$	-	$	8,489,187	$	4,891,394	$	-	$	13,380,581
Provision for bad debts		-		-		1,137,662		535,189		-		1,672,851
Net operating revenues		-		-		7,351,525		4,356,205		-		11,707,730
Operating costs and expenses:
Salaries and benefits		-		-		3,213,478		2,253,942		-		5,467,420
Supplies		-		-		1,165,970		645,844		-		1,811,814
Other operating expenses		-		-		1,595,918		862,362		-		2,458,280
Government settlement and related costs		-		-		-		-		-		-
Electronic health records incentive reimbursement		-		-		(43,959)		(18,922)		-		(62,881)
Rent		-		-		134,862		111,356		-		246,218
Depreciation and amortization		-		-		413,587		229,781		-		643,368
Total operating costs and expenses		-		-		6,479,856		4,084,363		-		10,564,219
Income from operations		-		-		871,669		271,842		-		1,143,511
Interest expense, net		-		87,095		494,185		61,246		-		642,526
Loss from early extinguishment of debt		-		66,019		-		-		-		66,019
Equity in earnings of unconsolidated affiliates		(201,948)		(287,903)		(65,846)		-		506,206		(49,491)
Impairment of long-lived assets		-		-		-		-		-		-
Income from continuing operations before income taxes		201,948		134,789		443,330		210,596		(506,206)		484,457
Provision for (benefit from) income taxes		-		(67,159)		160,045		48,707		-		141,593
Income from continuing operations		201,948		201,948		283,285		161,889		(506,206)		342,864
Discontinued operations, net of taxes:
Loss from operations of entities sold or held for sale		-		-		(1,950)		(12,789)		-		(14,739)
Impairment of hospitals sold or held for sale		-		-		-		(47,930)		-		(47,930)
Loss on sale, net		-		-		-		(2,572)		-		(2,572)
Loss from discontinued operations, net of taxes		-		-		(1,950)		(63,291)		-		(65,241)
Net income		201,948		201,948		281,335		98,598		(506,206)		277,623
Less: Net income attributable to noncontrolling interests		-		-		-		75,675		-		75,675
Net income attributable to Community Health Systems,
Inc. stockholders	$	201,948	$	201,948	$	281,335	$	22,923	$	(506,206)	$	201,948

Schedule of Condensed Consolidating Statement of Comprehensive Income (Loss)

Condensed Consolidating Statement of Comprehensive Income
Year Ended December 31, 2013
	Parent Guarantor		Issuer		Other Guarantors		Non - Guarantors		Eliminations		Consolidated
		(In thousands)
Net income	$	141,203	$	141,203	$	132,131	$	126,058	$	(323,327)	$	217,268
Other comprehensive income (loss), net of income taxes:
Net change in fair value of interest rate swaps, net of tax		60,304		60,304		-		-		(60,304)		60,304
Net change in fair value of available-for-sale securities, net
of tax		2,181		2,181		2,181		-		(4,362)		2,181
Amortization and recognition of unrecognized pension
cost components, net of tax		15,320		15,320		15,320		-		(30,640)		15,320
Other comprehensive income (loss)		77,805		77,805		17,501		-		(95,306)		77,805
Comprehensive income		219,008		219,008		149,632		126,058		(418,633)		295,073
Less: Comprehensive income attributable to
noncontrolling interests		-		-		-		76,065		-		76,065
Comprehensive income attributable to Community
Health Systems, Inc. stockholders	$	219,008	$	219,008	$	149,632	$	49,993	$	(418,633)	$	219,008

Condensed Consolidating Statement of Comprehensive Income
Year Ended December 31, 2012
	Parent Guarantor		Issuer		Other Guarantors		Non - Guarantors		Eliminations		Consolidated
		(In thousands)
Net income	$	265,640	$	265,640	$	347,556	$	190,058	$	(723,091)	$	345,803
Other comprehensive income (loss), net of income taxes:
Net change in fair value of interest rate swaps, net of tax		46,409		46,409		-		-		(46,409)		46,409
Net change in fair value of available-for-sale securities, net
of tax		3,012		3,012		3,012		-		(6,024)		3,012
Amortization and recognition of unrecognized pension
cost components, net of tax		(10,252)		(10,252)		(10,252)		-		20,504		(10,252)
Other comprehensive income (loss)		39,169		39,169		(7,240)		-		(31,929)		39,169
Comprehensive income		304,809		304,809		340,316		190,058		(755,020)		384,972
Less: Comprehensive income attributable to
noncontrolling interests		-		-		-		80,163		-		80,163
Comprehensive income attributable to Community
Health Systems, Inc. stockholders	$	304,809	$	304,809	$	340,316	$	109,895	$	(755,020)	$	304,809

Condensed Consolidating Statement of Comprehensive Income
Year Ended December 31, 2011
	Parent Guarantor		Issuer		Other Guarantors		Non - Guarantors		Eliminations		Consolidated
		(In thousands)
Net income	$	201,948	$	201,948	$	281,335	$	98,598	$	(506,206)	$	277,623
Other comprehensive income (loss), net of income taxes:
Net change in fair value of interest rate swaps, net of tax		55,145		55,145		-		-		(55,145)		55,145
Net change in fair value of available-for-sale securities, net
of tax		(960)		(960)		(960)		-		1,920		(960)
Amortization and recognition of unrecognized pension
cost components, net of tax		(7,737)		(7,737)		(7,737)		-		15,474		(7,737)
Other comprehensive income (loss)		46,448		46,448		(8,697)		-		(37,751)		46,448
Comprehensive income		248,396		248,396		272,638		98,598		(543,957)		324,071
Less: Comprehensive income attributable to
noncontrolling interests		-		-		-		75,675		-		75,675
Comprehensive income attributable to Community
Health Systems, Inc. stockholders	$	248,396	$	248,396	$	272,638	$	22,923	$	(543,957)	$	248,396

Schedule of Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet
December 31, 2013
	Parent				Other		Non -
	Guarantor		Issuer		Guarantors		Guarantors		Eliminations		Consolidated
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	-	$	-	$	238,336	$	135,067	$	-	$	373,403
Patient accounts receivable, net of allowance								-
for doubtful accounts		-		-		865,714		1,456,841		-		2,322,555
Supplies		-		-		256,130		115,185		-		371,315
Prepaid income taxes		107,077		-		-		-		-		107,077
Deferred income taxes		101,372		-		-		-		-		101,372
Prepaid expenses and taxes		-		112		97,940		28,920		-		126,972
Other current assets		-		-		264,053		81,216		-		345,269
Total current assets		208,449		112		1,722,173		1,817,229		-		3,747,963
Intercompany receivable		579,793		9,540,603		4,529,246		3,811,213		(18,460,855)		-
Property and equipment, net		-		-		4,656,968		2,393,683		-		7,050,651
Goodwill		-		-		2,532,570		1,891,855		-		4,424,425
Other assets, net		-		144,148		1,453,248		828,233		(531,373)		1,894,256
Net investment in subsidiaries		3,193,971		9,335,210		4,029,631		-		(16,558,812)		-
Total assets	$	3,982,213	$	19,020,073	$	18,923,836	$	10,742,213	$	(35,551,040)	$	17,117,295
LIABILITIES AND EQUITY
Current liabilities:
Current maturities of long-term debt	$	-	$	152,050	$	12,458	$	2,386	$	-	$	166,894
Accounts payable		-		19		734,398		214,698		-		949,115
Deferred income taxes		3,183		-		-		-		-		3,183
Accrued interest		-		111,330		124		437		-		111,891
Accrued liabilities		4,178		-		870,532		352,124		-		1,226,834
Total current liabilities		7,361		263,399		1,617,512		569,645		-		2,457,917
Long-term debt		-		8,718,379		50,856		517,254		-		9,286,489
Intercompany payable		-		6,225,192		13,059,089		8,264,665		(27,548,946)		-
Deferred income taxes		906,101		-		-		-		-		906,101
Other long-term liabilities		924		619,135		671,166		217,056		(531,373)		976,908
Total liabilities		914,386		15,826,105		15,398,623		9,568,620		(28,080,319)		13,627,415
Redeemable noncontrolling interests in
equity of consolidated subsidiaries		-		-		-		358,410		-		358,410
Equity:
Community Health Systems, Inc. stockholders’
equity:
Preferred stock		-		-		-		-		-		-
Common stock		960		-		1		2		(3)		960
Additional paid-in capital		1,255,855		1,175,265		1,274,420		594,989		(3,044,674)		1,255,855
Treasury stock, at cost		(6,678)		-		-		-		-		(6,678)
Accumulated other comprehensive (loss)
income		(67,505)		(67,505)		(11,425)		-		78,930		(67,505)
Retained earnings		1,885,195		2,086,208		2,262,217		156,549		(4,504,974)		1,885,195
Total Community Health Systems, Inc.
stockholders’ equity		3,067,827		3,193,968		3,525,213		751,540		(7,470,721)		3,067,827
Noncontrolling interests in equity of
consolidated subsidiaries		-		-		-		63,643		-		63,643
Total equity		3,067,827		3,193,968		3,525,213		815,183		(7,470,721)		3,131,470
Total liabilities and equity	$	3,982,213	$	19,020,073	$	18,923,836	$	10,742,213	$	(35,551,040)	$	17,117,295

Condensed Consolidating Balance Sheet
December 31, 2012
	Parent				Other		Non -
	Guarantor		Issuer		Guarantors		Guarantors		Eliminations		Consolidated
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	-	$	-	$	271,559	$	116,254	$	-	$	387,813
Patient accounts receivable, net of allowance
for doubtful accounts		-		-		654,894		1,379,191		-		2,034,085
Supplies		-		-		250,316		111,843		-		362,159
Prepaid income taxes		49,888		-		-		-		-		49,888
Deferred income taxes		117,045		-		-		-		-		117,045
Prepaid expenses and taxes		-		115		85,383		39,270		-		124,768
Other current assets		-		-		249,962		93,422		-		343,384
Total current assets		166,933		115		1,512,114		1,739,980		-		3,419,142
Intercompany receivable		406,534		9,837,904		3,723,120		3,262,823		(17,230,381)		-
Property and equipment, net		-		-		4,593,286		2,481,131		-		7,074,417
Goodwill		-		-		2,527,041		1,861,388		-		4,388,429
Other assets, net		-		165,236		1,357,771		829,114		(627,774)		1,724,347
Net investment in subsidiaries		2,974,965		8,686,242		3,427,182		-		(15,088,389)		-
Total assets	$	3,548,432	$	18,689,497	$	17,140,514	$	10,174,436	$	(32,946,544)	$	16,606,335
LIABILITIES AND EQUITY
Current liabilities:
Current maturities of long-term debt	$	-	$	75,679	$	11,094	$	3,129	$	-	$	89,902
Accounts payable		-		74		579,001		240,568		-		819,643
Accrued interest		-		110,091		295		316		-		110,702
Accrued liabilities		7,580		-		752,949		363,022		-		1,123,551
Total current liabilities		7,580		185,844		1,343,339		607,035		-		2,143,798
Long-term debt		-		9,079,392		53,186		318,802		-		9,451,380
Intercompany payable		-		5,639,928		11,693,119		7,822,313		(25,155,360)		-
Deferred income taxes		808,489		-		-		-		-		808,489
Other long-term liabilities		1,156		809,372		675,290		180,437		(627,774)		1,038,481
Total liabilities		817,225		15,714,536		13,764,934		8,928,587		(25,783,134)		13,442,148
Redeemable noncontrolling interests in
equity of consolidated subsidiaries		-		-		-		367,666		-		367,666
Equity:
Community Health Systems, Inc. stockholders’
equity:
Preferred stock		-		-		-		-		-		-
Common stock		929		-		1		2		(3)		929
Additional paid-in capital		1,138,274		1,176,342		1,283,499		690,929		(3,150,770)		1,138,274
Treasury stock, at cost		(6,678)		-		-		-		-		(6,678)
Accumulated other comprehensive (loss)
income		(145,310)		(145,310)		(28,927)		-		174,237		(145,310)
Retained earnings		1,743,992		1,943,929		2,121,007		121,938		(4,186,874)		1,743,992
Total Community Health Systems, Inc.
stockholders’ equity		2,731,207		2,974,961		3,375,580		812,869		(7,163,410)		2,731,207
Noncontrolling interests in equity of
consolidated subsidiaries		-		-		-		65,314		-		65,314
Total equity		2,731,207		2,974,961		3,375,580		878,183		(7,163,410)		2,796,521
Total liabilities and equity	$	3,548,432	$	18,689,497	$	17,140,514	$	10,174,436	$	(32,946,544)	$	16,606,335

Schedule of Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2013
	Parent				Other		Non -
	Guarantor		Issuer		Guarantors		Guarantors		Eliminations		Consolidated
	(In thousands)
Net cash (used in) provided by operating
activities	$	(78,754)	$	21,281	$	871,489	$	274,703	$	-	$	1,088,719
Cash flows from investing activities:
Acquisitions of facilities and other related
equipment		-		-		(11,894)		(31,849)		-		(43,743)
Purchases of property and equipment		-		-		(491,863)		(122,129)		-		(613,992)
Proceeds from sale of property and equipment		-		-		3,540		2,869		-		6,409
Increase in other investments		-		-		(275,149)		(64,793)		-		(339,942)
Net cash used in investing activities		-		-		(775,366)		(215,902)		-		(991,268)
Cash flows from financing activities:
Proceeds from exercise of stock options		110,660		-		-		-		-		110,660
Repurchase of restricted stock shares for payroll
tax withholding requirements		(14,896)		-		-		-		-		(14,896)
Stock buy-back		(27,133)		-		-		-		-		(27,133)
Deferred financing costs		-		(13,199)		-		-		-		(13,199)
Excess tax benefit relating to
stock-based compensation		6,715		-		-		-		-		6,715
Payment of special dividend to stockholders		-		-		-		-		-		-
Proceeds from noncontrolling investors in joint
ventures		-		-		-		289		-		289
Redemption of noncontrolling investments in joint
ventures		-		-		-		(9,304)		-		(9,304)
Distributions to noncontrolling investors in joint
ventures		-		-		-		(75,583)		-		(75,583)
Changes in intercompany balances with
affiliates, net		3,408		274,075		(124,384)		(153,099)		-		-
Borrowings under credit agreements		-		1,170,000		23,710		865		-		1,194,575
Issuance of long-term debt		-		-		-		-		-		-
Proceeds from receivables facility		-		-		-		338,000		-		338,000
Repayments of long-term indebtedness		-		(1,452,157)		(28,672)		(141,156)		-		(1,621,985)
Net cash provided by (used in) financing
activities		78,754		(21,281)		(129,346)		(39,988)		-		(111,861)
Net change in cash and cash equivalents		-		-		(33,223)		18,813		-		(14,410)
Cash and cash equivalents at beginning of period		-		-		271,559		116,254		-		387,813
Cash and cash equivalents at end of period	$	-	$	-	$	238,336	$	135,067	$	-	$	373,403

Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2012
	Parent				Other		Non -
	Guarantor		Issuer		Guarantors		Guarantors		Eliminations		Consolidated
	(In thousands)
Net cash (used in) provided by operating
activities	$	(55,122)	$	(71,683)	$	1,156,708	$	250,217	$	-	$	1,280,120
Cash flows from investing activities:
Acquisitions of facilities and other related
equipment		-		-		(309,731)		(12,584)		-		(322,315)
Purchases of property and equipment		-		-		(540,816)		(227,974)		-		(768,790)
Proceeds from sale of property and equipment		-		-		2,756		3,141		-		5,897
Increase in other investments		-		10,000		(231,326)		(76,668)		-		(297,994)
Net cash used in investing activities		-		10,000		(1,079,117)		(314,085)		-		(1,383,202)
Cash flows from financing activities:
Proceeds from exercise of stock options		20,858		-		-		-		-		20,858
Repurchase of restricted stock shares for payroll
tax withholding requirements		(9,314)		-		-		-		-		(9,314)
Stock buy-back		-		-		-		-		-		-
Deferred financing costs		-		(141,219)		-		-		-		(141,219)
Excess tax benefit relating to
stock-based compensation		3,973		-		-		-		-		3,973
Payment of special dividend to stockholders		(22,535)		-		-		-		-		(22,535)
Proceeds from noncontrolling investors in joint
ventures		-		-		-		535		-		535
Redemption of noncontrolling investments in joint
ventures		-		-		-		(44,287)		-		(44,287)
Distributions to noncontrolling investors in joint
ventures		-		-		-		(68,344)		-		(68,344)
Changes in intercompany balances with
affiliates, net		62,140		(124,560)		189,076		(126,656)		-		-
Borrowings under credit agreements		-		3,955,000		20,866		-		-		3,975,866
Issuance of long-term debt		-		3,825,000		-		-		-		3,825,000
Proceeds from receivables facility		-		-		-		350,000		-		350,000
Repayments of long-term indebtedness		-		(7,452,538)		(24,894)		(52,071)		-		(7,529,503)
Net cash provided by (used in) financing
activities		55,122		61,683		185,048		59,177		-		361,030
Net change in cash and cash equivalents		-		-		262,639		(4,691)		-		257,948
Cash and cash equivalents at beginning of period		-		-		8,920		120,945		-		129,865
Cash and cash equivalents at end of period	$	-	$	-	$	271,559	$	116,254	$	-	$	387,813

Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2011
	Parent				Other		Non -
	Guarantor		Issuer		Guarantors		Guarantors		Eliminations		Consolidated
	(In thousands)
Net cash (used in) provided by operating
activities	$	(41,780)	$	(111,001)	$	918,947	$	495,742	$	-	$	1,261,908
Cash flows from investing activities:
Acquisitions of facilities and other related
equipment		-		-		(370,243)		(45,117)		-		(415,360)
Purchases of property and equipment		-		-		(440,754)		(335,959)		-		(776,713)
Proceeds from disposition of hospitals and other
ancillary operations		-		-		-		173,387		-		173,387
Proceeds from sale of property and equipment		-		-		2,283		8,877		-		11,160
Increase in other investments		-		(10,000)		(129,852)		(48,397)		-		(188,249)
Net cash used in investing activities		-		(10,000)		(938,566)		(247,209)		-		(1,195,775)
Cash flows from financing activities:
Proceeds from exercise of stock options		18,910		-		-		-		-		18,910
Repurchase of restricted stock shares for payroll
tax withholding requirements		(13,311)		-		-		-		-		(13,311)
Stock buy-back		(85,790)		-		-		-		-		(85,790)
Deferred financing costs		-		(19,352)		-		-		-		(19,352)
Excess tax benefit relating to
stock-based compensation		5,290		-		-		-		-		5,290
Payment of special dividend to stockholders		-		-		-		-		-		-
Proceeds from noncontrolling investors in joint
ventures		-		-		-		1,229		-		1,229
Redemption of noncontrolling investments in joint
ventures		-		-		-		(13,022)		-		(13,022)
Distributions to noncontrolling investors in joint
ventures		-		-		-		(56,094)		-		(56,094)
Changes in intercompany balances with
affiliates, net		116,681		209,056		(175,332)		(150,405)		-		-
Borrowings under credit agreements		-		560,000		18,236		2,145		(2,145)		578,236
Issuance of long-term debt		-		1,000,000		-		-		-		1,000,000
Proceeds from receivables facility		-		-		-		-		-		-
Repayments of long-term indebtedness		-		(1,628,703)		(23,200)		(1,775)		2,145		(1,651,533)
Net cash provided by (used in) financing
activities		41,780		121,001		(180,296)		(217,922)		-		(235,437)
Net change in cash and cash equivalents		-		-		(199,915)		30,611		-		(169,304)
Cash and cash equivalents at beginning of period		-		-		208,835		90,334		-		299,169
Cash and cash equivalents at end of period	$	-	$	-	$	8,920	$	120,945	$	-	$	129,865