XML 67 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Condensed Consolidated Statements of Income (Loss) [Abstract]        
Operating revenues (net of contractual allowances and discounts) $ 5,614 $ 5,508 $ 11,260 $ 10,383
Provision for bad debts 732 743 1,467 1,442
Net operating revenues 4,882 4,765 9,793 8,941
Operating costs and expenses:        
Salaries and benefits 2,217 2,221 4,474 4,213
Supplies 750 736 1,512 1,368
Other operating expenses 1,125 1,115 2,225 2,133
Government settlement and related costs (6)   1  
Electronic health records incentive reimbursement (55) (84) (81) (124)
Rent 113 111 229 209
Depreciation and amortization 291 281 587 536
Amortization of software to be abandoned   33   75
Total operating costs and expenses 4,435 4,413 8,947 8,410
Income from operations 447 352 846 531
Interest expense, net 239 255 481 478
Loss from early extinguishment of debt 9 0 16 73
Equity in earnings of unconsolidated affiliates (21) (12) (39) (22)
Impairment of long-lived assets 6   6 24
Income (loss) from continuing operations before income taxes 214 109 382 (22)
Provision (benefit) for income taxes 74 33 130 (23)
Income from continuing operations 140 76 252 1
Discontinued operations, net of taxes:        
Loss from operations of entities sold or held for sale (6) (1) (17) (6)
Impairment of hospitals sold or held for sale   (5) (2) (22)
Loss on sale, net     (1)  
Loss from discontinued operations, net of taxes (6) (6) (20) (28)
Net income (loss) 134 70 232 (27)
Less: Net income attributable to noncontrolling interests 23 28 43 43
Net income (loss) attributable to Community Health Systems, Inc. stockholders $ 111 $ 42 $ 189 $ (70)
Basic earnings (loss) per share attributable to Community Health Systems, Inc. common stockholders:        
Continuing operations $ 1.02 $ 0.43 $ 1.82 $ (0.38)
Discontinued operations (0.06) (0.06) (0.17) (0.26)
Net income (loss) 0.96 0.37 1.65 (0.64)
Diluted earnings (loss) per share attributable to Community Health Systems, Inc. common stockholders (1):        
Continuing operations [1] 1.01 0.42 1.80 (0.38)
Discontinued operations [1] (0.06) (0.06) (0.17) (0.26)
Net income (loss) [1] $ 0.95 $ 0.37 $ 1.64 $ (0.64)
Weighted-average number of shares outstanding:        
Basic 115,194,899 112,598,899 114,809,386 109,617,014
Diluted 116,100,417 113,474,169 115,580,887 109,617,014
[1] Total per share amounts may not add due to rounding.