Supplemental Condensed Consolidating Financial Information (Tables)

12 Months Ended

Dec. 31, 2019

Supplemental Condensed Consolidating Financial Information [Abstract]

Schedule of Condensed Consolidating Statement of Loss

Condensed Consolidating Statement of Loss
Year Ended December 31, 2019
	Parent Guarantor		Issuer		Other Guarantors		Non - Guarantors		Eliminations		Consolidated
	(In millions)
Net operating revenues	$	-	$	46	$	8,246	$	4,918	$	-	$	13,210
Operating costs and expenses:
Salaries and benefits		-		-		3,092		2,855		-		5,947
Supplies		-		-		1,444		707		-		2,151
Other operating expenses		-		-		2,289		1,014		-		3,303
Government and other legal settlements and
related costs		-		-		93		-		-		93
Electronic health records incentive reimbursement		-		-		-		(1)		-		(1)
Lease cost and rent		-		-		168		153		-		321
Depreciation and amortization		-		-		383		225		-		608
Impairment and loss on sale of businesses, net		-		(2)		121		19		-		138
Total operating costs and expenses		-		(2)		7,590		4,972		-		12,560
Income (loss) from operations		-		48		656		(54)		-		650
Interest expense, net		-		425		667		(51)		-		1,041
Loss from early extinguishment of debt		-		54		-		-		-		54
Equity in earnings of unconsolidated affiliates		675		99		(26)		-		(763)		(15)
(Loss) income before income taxes		(675)		(530)		15		(3)		763		(430)
Provision for (benefit from) income taxes		-		145		(6)		21		-		160
Net (loss) income		(675)		(675)		21		(24)		763		(590)
Less: Net income attributable to noncontrolling interests		-		-		-		85		-		85
Net (loss) income attributable to Community Health
Systems, Inc. stockholders	$	(675)	$	(675)	$	21	$	(109)	$	763	$	(675)

Condensed Consolidating Statement of Loss
Year Ended December 31, 2018
	Parent Guarantor		Issuer		Other Guarantors		Non - Guarantors		Eliminations		Consolidated
	(In millions)
Net operating revenues	$	-	$	(5)	$	8,111	$	6,049	$	-	$	14,155
Operating costs and expenses:
Salaries and benefits		-		-		3,030		3,354		-		6,384
Supplies		-		-		1,426		929		-		2,355
Other operating expenses		-		-		2,109		1,387		-		3,496
Government and other legal settlements and
related costs		-		-		11		-		-		11
Electronic health records incentive reimbursement		-		-		(1)		(3)		-		(4)
Lease cost and rent		-		-		166		171		-		337
Depreciation and amortization		-		-		414		286		-		700
Impairment and loss on sale of businesses, net		-		29		97		542		-		668
Total operating costs and expenses		-		29		7,252		6,666		-		13,947
(Loss) income from operations		-		(34)		859		(617)		-		208
Interest expense, net		-		425		494		57		-		976
(Gain) loss from early extinguishment of debt		-		(32)		1		-		-		(31)
Equity in earnings of unconsolidated affiliates		788		438		774		-		(2,022)		(22)
Loss before income taxes		(788)		(865)		(410)		(674)		2,022		(715)
(Benefit from) provision for income taxes		-		(77)		(7)		73		-		(11)
Net loss		(788)		(788)		(403)		(747)		2,022		(704)
Less: Net income attributable to noncontrolling interests		-		-		-		84		-		84
Net loss attributable to Community Health
Systems, Inc. stockholders	$	(788)	$	(788)	$	(403)	$	(831)	$	2,022	$	(788)

Condensed Consolidating Statement of Loss
Year Ended December 31, 2017
	Parent Guarantor		Issuer		Other Guarantors		Non - Guarantors		Eliminations		Consolidated
	(In millions)
Operating revenues (net of contractual
allowances and discounts)	$	-	$	(22)	$	9,421	$	8,999	$	-	$	18,398
Provision for bad debts		-		-		1,819		1,226		-		3,045
Net operating revenues		-		(22)		7,602		7,773		-		15,353
Operating costs and expenses:
Salaries and benefits		-		-		3,092		4,284		-		7,376
Supplies		-		-		1,397		1,275		-		2,672
Other operating expenses		-		-		1,954		1,910		-		3,864
Government and other legal settlements and
related costs		-		-		(31)		-		-		(31)
Electronic health records incentive reimbursement		-		-		(8)		(20)		-		(28)
Rent		-		-		166		228		-		394
Depreciation and amortization		-		-		434		427		-		861
Impairment and loss on sale of businesses, net		-		-		608		1,515		-		2,123
Total operating costs and expenses		-		-		7,612		9,619		-		17,231
Loss from operations		-		(22)		(10)		(1,846)		-		(1,878)
Interest expense, net		-		327		489		115		-		931
Loss from early extinguishment of debt		-		40		-		-		-		40
Equity in earnings of unconsolidated affiliates		2,459		1,888		1,555		-		(5,918)		(16)
Loss from continuing operations before
income taxes		(2,459)		(2,277)		(2,054)		(1,961)		5,918		(2,833)
Provision for (benefit from) income taxes		-		182		(170)		(461)		-		(449)
Loss from continuing operations		(2,459)		(2,459)		(1,884)		(1,500)		5,918		(2,384)
Discontinued operations, net of taxes:
Loss from operations of entities sold or
held for sale		-		-		(4)		(2)		-		(6)
Impairment of hospitals sold or held for sale		-		-		(4)		(2)		-		(6)
Loss from discontinued operations, net of taxes		-		-		(8)		(4)		-		(12)
Net loss		(2,459)		(2,459)		(1,892)		(1,504)		5,918		(2,396)
Less: Net income attributable to noncontrolling interests		-		-		-		63		-		63
Net loss attributable to Community Health
Systems, Inc. stockholders	$	(2,459)	$	(2,459)	$	(1,892)	$	(1,567)	$	5,918	$	(2,459)

Schedule of Condensed Consolidating Statement of Comprehensive (Loss) Income

Condensed Consolidating Statement of Comprehensive (Loss) Income
Year Ended December 31, 2019
	Parent Guarantor		Issuer		Other Guarantors		Non - Guarantors		Eliminations		Consolidated
		(In millions)
Net (loss) income	$	(675)	$	(675)	$	21	$	(24)	$	763	$	(590)
Other comprehensive (loss) income, net of income taxes:
Net change in fair value of interest rate swaps, net of tax		(3)		(3)		-		-		3		(3)
Net change in fair value of available-for-sale debt
securities, net of tax		4		4		4		-		(8)		4
Amortization and recognition of unrecognized pension
cost components, net of tax		-		-		-		-		-		-
Other comprehensive income		1		1		4		-		(5)		1
Comprehensive (loss) income		(674)		(674)		25		(24)		758		(589)
Less: Comprehensive income attributable to
noncontrolling interests		-		-		-		85		-		85
Comprehensive (loss) income attributable to
Community Health Systems, Inc. stockholders	$	(674)	$	(674)	$	25	$	(109)	$	758	$	(674)

Condensed Consolidating Statement of Comprehensive Loss
Year Ended December 31, 2018
	Parent Guarantor		Issuer		Other Guarantors		Non - Guarantors		Eliminations		Consolidated
		(In millions)
Net loss	$	(788)	$	(788)	$	(403)	$	(747)	$	2,022	$	(704)
Other comprehensive income (loss), net of income taxes:
Net change in fair value of interest rate swaps, net of tax		20		20		-		-		(20)		20
Net change in fair value of available-for-sale debt
securities, net of tax		(2)		(2)		(2)		-		4		(2)
Amortization and recognition of unrecognized pension
cost components, net of tax		(1)		(1)		(1)		-		2		(1)
Other comprehensive income (loss)		17		17		(3)		-		(14)		17
Comprehensive loss		(771)		(771)		(406)		(747)		2,008		(687)
Less: Comprehensive income attributable to
noncontrolling interests		-		-		-		84		-		84
Comprehensive loss attributable to
Community Health Systems, Inc. stockholders	$	(771)	$	(771)	$	(406)	$	(831)	$	2,008	$	(771)

Condensed Consolidating Statement of Comprehensive Loss
Year Ended December 31, 2017
	Parent Guarantor		Issuer		Other Guarantors		Non - Guarantors		Eliminations		Consolidated
		(In millions)
Net loss	$	(2,459)	$	(2,459)	$	(1,892)	$	(1,504)	$	5,918	$	(2,396)
Other comprehensive income, net of income taxes:
Net change in fair value of interest rate swaps, net of tax		19		19		-		-		(19)		19
Net change in fair value of available-for-sale debt
securities, net of tax		8		8		8		-		(16)		8
Amortization and recognition of unrecognized pension
cost components, net of tax		14		14		14		-		(28)		14
Other comprehensive income		41		41		22		-		(63)		41
Comprehensive loss		(2,418)		(2,418)		(1,870)		(1,504)		5,855		(2,355)
Less: Comprehensive income attributable to
noncontrolling interests		-		-		-		63		-		63
Comprehensive loss attributable to
Community Health Systems, Inc. stockholders	$	(2,418)	$	(2,418)	$	(1,870)	$	(1,567)	$	5,855	$	(2,418)

Schedule of Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet
December 31, 2019
	Parent				Other		Non -
	Guarantor		Issuer		Guarantors		Guarantors		Eliminations		Consolidated
	(In millions)
ASSETS
Current assets:
Cash and cash equivalents	$	-	$	-	$	142	$	74	$	-	$	216
Patient accounts receivable		-		-		1,822		436		-		2,258
Supplies		-		-		242		112		-		354
Prepaid income taxes		48		-		-		-		-		48
Prepaid expenses and taxes		-		-		152		41		-		193
Other current assets		-		-		72		286		-		358
Total current assets		48		-		2,430		949		-		3,427
Intercompany receivable		-		11,961		5,674		6,990		(24,625)		-
Property and equipment, net		-		-		4,206		1,402		-		5,608
Goodwill		-		-		2,628		1,700		-		4,328
Deferred income taxes		38		-		-		-		-		38
Other assets, net		(4)		-		1,203		1,009		-		2,208
Net investment in subsidiaries		-		21,736		12,433		-		(34,169)		-
Total assets	$	82	$	33,697	$	28,574	$	12,050	$	(58,794)	$	15,609
LIABILITIES AND (DEFICIT) EQUITY
Current liabilities:
Current maturities of long-term debt	$	-	$	-	$	18	$	2	$	-	$	20
Current operating lease liabilities		-		-		82		54		-		136
Accounts payable		-		11		518		282		-		811
Accrued interest		-		189		-		-		-		189
Accrued liabilities		-		1		650		475		-		1,126
Total current liabilities		-		201		1,268		813		-		2,282
Long-term debt		-		13,116		208		61		-		13,385
Intercompany payable		2,099		22,518		26,029		13,399		(64,045)		-
Deferred income taxes		200		-		-		-		-		200
Long-term operating lease liabilities		-		-		265		222		-		487
Other long-term liabilities		1		2		580		311		-		894
Total liabilities		2,300		35,837		28,350		14,806		(64,045)		17,248
Redeemable noncontrolling interests in
equity of consolidated subsidiaries		-		-		-		502		-		502
(Deficit) equity:
Community Health Systems, Inc. stockholders’
(deficit) equity:
Common stock		1		-		-		-		-		1
Additional paid-in capital		2,008		(487)		198		(1,008)		1,297		2,008
Accumulated other comprehensive (loss) income		(9)		(9)		(11)		1		19		(9)
(Accumulated deficit) retained earnings		(4,218)		(1,644)		37		(2,328)		3,935		(4,218)
Total Community Health Systems, Inc.
stockholders’ (deficit) equity		(2,218)		(2,140)		224		(3,335)		5,251		(2,218)
Noncontrolling interests in equity of
consolidated subsidiaries		-		-		-		77		-		77
Total (deficit) equity		(2,218)		(2,140)		224		(3,258)		5,251		(2,141)
Total liabilities and (deficit) equity	$	82	$	33,697	$	28,574	$	12,050	$	(58,794)	$	15,609

Condensed Consolidating Balance Sheet
December 31, 2018
	Parent				Other		Non -
	Guarantor		Issuer		Guarantors		Guarantors		Eliminations		Consolidated
	(In millions)
ASSETS
Current assets:
Cash and cash equivalents	$	-	$	-	$	132	$	64	$	-	$	196
Patient accounts receivable		-		-		1,844		508		-		2,352
Supplies		-		-		269		133		-		402
Prepaid income taxes		3		-		-		-		-		3
Prepaid expenses and taxes		-		-		134		62		-		196
Other current assets		-		-		84		316		-		400
Total current assets		3		-		2,463		1,083		-		3,549
Intercompany receivable		-		12,615		4,882		6,358		(23,855)		-
Property and equipment, net		-		-		4,371		1,768		-		6,139
Goodwill		-		-		2,704		1,855		-		4,559
Deferred income taxes		69		-		-		-		-		69
Other assets, net		-		25		796		722		-		1,543
Net investment in subsidiaries		-		20,742		11,784		-		(32,526)		-
Total assets	$	72	$	33,382	$	27,000	$	11,786	$	(56,381)	$	15,859
LIABILITIES AND (DEFICIT) EQUITY
Current liabilities:
Current maturities of long-term debt	$	-	$	155	$	22	$	27	$	-	$	204
Accounts payable		-		-		574		313		-		887
Accrued interest		-		205		-		1		-		206
Accrued liabilities		-		1		531		563		-		1,095
Total current liabilities		-		361		1,127		904		-		2,392
Long-term debt		-		13,167		151		74		-		13,392
Intercompany payable		1,572		21,318		24,901		13,085		(60,876)		-
Deferred income taxes		26		-		-		-		-		26
Other long-term liabilities		9		2		619		378		-		1,008
Total liabilities		1,607		34,848		26,798		14,441		(60,876)		16,818
Redeemable noncontrolling interests in
equity of consolidated subsidiaries		-		-		-		504		-		504
(Deficit) equity:
Community Health Systems, Inc. stockholders’
(deficit) equity:
Common stock		1		-		-		-		-		1
Additional paid-in capital		2,017		(329)		193		(985)		1,121		2,017
Accumulated other comprehensive loss		(10)		(10)		(11)		(3)		24		(10)
(Accumulated deficit) retained earnings		(3,543)		(1,127)		20		(2,243)		3,350		(3,543)
Total Community Health Systems, Inc.
stockholders’ (deficit) equity		(1,535)		(1,466)		202		(3,231)		4,495		(1,535)
Noncontrolling interests in equity of
consolidated subsidiaries		-		-		-		72		-		72
Total (deficit) equity		(1,535)		(1,466)		202		(3,159)		4,495		(1,463)
Total liabilities and (deficit) equity	$	72	$	33,382	$	27,000	$	11,786	$	(56,381)	$	15,859

Schedule of Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2019
	Parent				Other		Non -
	Guarantor		Issuer		Guarantors		Guarantors		Eliminations		Consolidated
	(In millions)
Net cash (used in) provided by operating
activities	$	(4)	$	(348)	$	600	$	137	$	-	$	385
Cash flows from investing activities:
Acquisitions of facilities and other related
businesses		-		-		(6)		(7)		-		(13)
Purchases of property and equipment		-		-		(366)		(72)		-		(438)
Proceeds from disposition of hospitals
and other ancillary operations		-		18		30		556		-		604
Proceeds from sale of property and equipment		-		-		1		2		-		3
Purchases of available-for-sale debt securities
and equity securities		-		-		(19)		(61)		-		(80)
Proceeds from sales of available-for-sale
debt securities and equity securities		-		-		31		61		-		92
Increase in other investments		-		-		(123)		(47)		-		(170)
Net cash provided by (used in)
investing activities		-		18		(452)		432		-		(2)
Cash flows from financing activities:
Repurchase of restricted stock shares for
payroll tax withholding requirements		(1)		-		-		-		-		(1)
Deferred financing costs and other debt-related
costs		-		(46)		-		-		-		(46)
Proceeds from noncontrolling investors in
joint ventures		-		-		-		10		-		10
Redemption of noncontrolling investments in
joint ventures		-		-		-		(11)		-		(11)
Distributions to noncontrolling investors in
joint ventures		-		-		-		(99)		-		(99)
Proceeds from sale-lease back		-		-		60		-		-		60
Changes in intercompany balances with
affiliates, net		5		619		(189)		(435)		-		-
Borrowings under credit agreements		-		-		36		1		-		37
Issuance of long-term debt		-		3,042		-		-		-		3,042
Proceeds from ABL Facility		-		202		-		-		-		202
Repayments of long-term indebtedness		-		(3,487)		(45)		(25)		-		(3,557)
Net cash provided by (used in)
financing activities		4		330		(138)		(559)		-		(363)
Net change in cash and cash equivalents		-		-		10		10		-		20
Cash and cash equivalents at beginning of period		-		-		132		64		-		196
Cash and cash equivalents at end of period	$	-	$	-	$	142	$	74	$	-	$	216

Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2018
	Parent				Other		Non -
	Guarantor		Issuer		Guarantors		Guarantors		Eliminations		Consolidated
	(In millions)
Net cash provided by (used in) operating
activities	$	40	$	(409)	$	560	$	83	$	-	$	274
Cash flows from investing activities:
Acquisitions of facilities and other related
businesses		-		-		(3)		(23)		-		(26)
Purchases of property and equipment		-		-		(408)		(119)		-		(527)
Proceeds from disposition of hospitals
and other ancillary operations		-		-		1		404		-		405
Proceeds from sale of property and equipment		-		-		5		3		-		8
Purchases of available-for-sale debt securities
and equity securities		-		-		(54)		(24)		-		(78)
Proceeds from sales of available-for-sale
debt securities and equity securities		-		-		79		35		-		114
Increase in other investments		-		(7)		(112)		(22)		-		(141)
Net cash (used in) provided
by investing activities		-		(7)		(492)		254		-		(245)
Cash flows from financing activities:
Repurchase of restricted stock shares for payroll
tax withholding requirements		(1)		-		-		-		-		(1)
Deferred financing costs and other
debt-related costs		-		(96)		-		-		-		(96)
Proceeds from noncontrolling investors in joint
ventures		-		-		-		3		-		3
Redemption of noncontrolling investments in joint
ventures		-		-		-		(31)		-		(31)
Distributions to noncontrolling investors in joint
ventures		-		-		-		(96)		-		(96)
Changes in intercompany balances with
affiliates, net		(39)		99		176		(236)		-		-
Borrowings under credit agreements		-		-		28		-		-		28
Issuance of long-term debt		-		1,033		-		-		-		1,033
Proceeds from ABL Facility		-		748		49		-		-		797
Repayments of long-term indebtedness		-		(1,368)		(655)		(10)		-		(2,033)
Net cash (used in) provided by financing
activities		(40)		416		(402)		(370)		-		(396)
Net change in cash and cash equivalents		-		-		(334)		(33)		-		(367)
Cash and cash equivalents at beginning of period		-		-		466		97		-		563
Cash and cash equivalents at end of period	$	-	$	-	$	132	$	64	$	-	$	196

Condensed Consolidating Statement of Cash Flows
Year Ended December 31, 2017
	Parent				Other		Non -
	Guarantor		Issuer		Guarantors		Guarantors		Eliminations		Consolidated
	(In millions)
Net cash (used in) provided by operating
activities	$	(12)	$	(317)	$	431	$	671	$	-	$	773
Cash flows from investing activities:
Acquisitions of facilities and other related
businesses		-		-		(1)		(5)		-		(6)
Purchases of property and equipment		-		-		(356)		(208)		-		(564)
Proceeds from disposition of hospitals and other
ancillary operations		-		-		122		1,570		-		1,692
Proceeds from sale of property and equipment		-		-		3		4		-		7
Purchases of available-for-sale debt securities
and equity securities		-		-		(91)		(34)		-		(125)
Proceeds from sales of available-for-sale
debt securities and equity securities		-		-		172		36		-		208
Increase in other investments		-		-		(100)		(43)		-		(143)
Net cash (used in) provided by investing
activities		-		-		(251)		1,320		-		1,069
Cash flows from financing activities:
Repurchase of restricted stock shares for payroll
tax withholding requirements		(5)		-		-		-		-		(5)
Deferred financing costs and other
debt-related costs		-		(65)		(1)		-		-		(66)
Proceeds from noncontrolling investors in joint
ventures		-		-		-		5		-		5
Redemption of noncontrolling investments in joint
ventures		-		-		-		(6)		-		(6)
Distributions to noncontrolling investors in joint
ventures		-		-		-		(100)		-		(100)
Changes in intercompany balances with
affiliates, net		17		1,565		331		(1,913)		-		-
Borrowings under credit agreements		-		795		30		16		-		841
Issuance of long-term debt		-		3,100		-		-		-		3,100
Proceeds from ABL Facility		-		-		105		-		-		105
Repayments of long-term indebtedness		-		(5,078)		(285)		(28)		-		(5,391)
Net cash provided by (used in) financing
activities		12		317		180		(2,026)		-		(1,517)
Net change in cash and cash equivalents		-		-		360		(35)		-		325
Cash and cash equivalents at beginning of period		-		-		106		132		-		238
Cash and cash equivalents at end of period	$	-	$	-	$	466	$	97	$	-	$	563