XML 39 R29.htm IDEA: XBRL DOCUMENT v3.22.2.2
Stockholders' Deficit (Tables)
 9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Schedule of Stockholders' Deficit

The following schedule 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 September 30, 2022, and during each of the three-month periods following December 31, 2021 (in millions):

 

 

 

 

 

 

 

 

Community Health Systems, Inc. Stockholders

 

 

 

 

 

 

 

 

 

 

 

Redeemable

Noncontrolling

Interest

 

 

 

Common

Stock

 

 

Additional

Paid-In

Capital

 

 

Accumulated

Other

Comprehensive

Loss (Income) (1)

 

 

Accumulated

Deficit

 

 

Noncontrolling

Interest

 

 

Total

Stockholders’

Deficit (1)

 

Balance, December 31, 2021

 

$

480

 

 

 

$

1

 

 

$

2,118

 

 

$

(14

)

 

$

(3,477

)

 

$

82

 

 

$

(1,290

)

Comprehensive income (loss)

 

 

16

 

 

 

 

—

 

 

 

—

 

 

 

(8

)

 

 

(1

)

 

 

15

 

 

 

6

 

Distributions to noncontrolling interests

 

 

(12

)

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(17

)

 

 

(17

)

Purchases of subsidiary shares from noncontrolling interests

 

 

1

 

 

 

 

—

 

 

 

(1

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(1

)

Contributions from noncontrolling interests

 

 

1

 

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Adjustment to redemption value of redeemable

noncontrolling interests

 

 

7

 

 

 

 

—

 

 

 

(7

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(7

)

Cancellation of restricted stock for tax withholdings

on vested shares

 

 

—

 

 

 

 

—

 

 

 

(8

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(8

)

Share-based compensation

 

 

—

 

 

 

 

—

 

 

 

5

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

5

 

Balance, March 31, 2022

 

 

493

 

 

 

 

1

 

 

 

2,107

 

 

 

(22

)

 

 

(3,478

)

 

 

80

 

 

 

(1,312

)

Comprehensive income (loss)

 

 

21

 

 

 

 

—

 

 

 

—

 

 

 

(6

)

 

 

(326

)

 

 

7

 

 

 

(324

)

Distributions to noncontrolling interests

 

 

(39

)

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(5

)

 

 

(5

)

Noncontrolling interest in acquired entity

 

 

3

 

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2

 

 

 

2

 

Adjustment to redemption value of redeemable

noncontrolling interests

 

 

20

 

 

 

 

—

 

 

 

(20

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(20

)

Share-based compensation

 

 

—

 

 

 

 

—

 

 

 

3

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

3

 

Balance, June 30, 2022

 

 

498

 

 

 

 

1

 

 

 

2,090

 

 

 

(27

)

 

 

(3,804

)

 

 

84

 

 

 

(1,656

)

Comprehensive income (loss)

 

 

30

 

 

 

 

—

 

 

 

—

 

 

 

(6

)

 

 

(41

)

 

 

12

 

 

 

(35

)

Contributions from noncontrolling interests

 

 

1

 

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

8

 

 

 

8

 

Distributions to noncontrolling interests

 

 

(20

)

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(12

)

 

 

(12

)

Purchase of subsidiary shares from noncontrolling interests

 

 

(1

)

 

 

 

—

 

 

 

(1

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(1

)

Adjustment to redemption value of redeemable

noncontrolling interests

 

 

4

 

 

 

 

—

 

 

 

(4

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(4

)

Noncontrolling interest in acquired entity

 

 

4

 

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Share-based compensation

 

 

—

 

 

 

 

—

 

 

 

6

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

6

 

Balance, September 30, 2022

 

$

516

 

 

 

$

1

 

 

$

2,091

 

 

$

(33

)

 

$

(3,845

)

 

$

92

 

 

$

(1,694

)

___________________________________

(1) Totals may not add due to rounding.

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 September 30, 2021, and during each of the three-month periods following December 31, 2020 (in millions):

 

 

 

 

 

 

 

 

Community Health Systems, Inc. Stockholders

 

 

 

 

 

 

 

 

 

 

 

Redeemable

Noncontrolling

Interest

 

 

 

Common

Stock

 

 

Additional

Paid-In

Capital

 

 

Accumulated

Other

Comprehensive

Loss

 

 

Accumulated

Deficit

 

 

Noncontrolling

Interest

 

 

Total

Stockholders’

Deficit

 

Balance, December 31, 2020

 

$

484

 

 

 

$

1

 

 

$

2,094

 

 

$

(13

)

 

$

(3,707

)

 

$

87

 

 

$

(1,538

)

Comprehensive income (loss)

 

 

21

 

 

 

 

—

 

 

 

—

 

 

 

(3

)

 

 

(64

)

 

 

8

 

 

 

(59

)

Distributions to noncontrolling interests

 

 

(12

)

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(9

)

 

 

(9

)

Dispositions of less-than-wholly owned business

 

 

(7

)

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Noncontrolling interest in acquired entity

 

 

2

 

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Adjustment to redemption value of redeemable

noncontrolling interests

 

 

(7

)

 

 

 

—

 

 

 

7

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

7

 

Cancellation of restricted stock for tax withholdings

on vested shares

 

 

—

 

 

 

 

—

 

 

 

(4

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(4

)

Share-based compensation

 

 

—

 

 

 

 

—

 

 

 

8

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

8

 

Balance, March 31, 2021

 

 

481

 

 

 

 

1

 

 

 

2,105

 

 

 

(16

)

 

 

(3,771

)

 

 

86

 

 

 

(1,595

)

Comprehensive income

 

 

24

 

 

 

 

—

 

 

 

—

 

 

 

1

 

 

 

6

 

 

 

7

 

 

 

14

 

Distributions to noncontrolling interests

 

 

(31

)

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(14

)

 

 

(14

)

Purchase of subsidiary shares from noncontrolling

interests

 

 

(2

)

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Other reclassifications of noncontrolling interests

 

 

1

 

 

 

 

—

 

 

 

(1

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(1

)

Adjustment to redemption value of redeemable

noncontrolling interests

 

 

25

 

 

 

 

—

 

 

 

(25

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(25

)

Share-based compensation

 

 

—

 

 

 

 

—

 

 

 

5

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

5

 

Balance, June 30, 2021

 

 

498

 

 

 

 

1

 

 

 

2,084

 

 

 

(15

)

 

 

(3,765

)

 

 

79

 

 

 

(1,616

)

Comprehensive income

 

 

20

 

 

 

 

—

 

 

 

—

 

 

 

1

 

 

 

110

 

 

 

14

 

 

 

125

 

Contributions from noncontrolling interests

 

 

1

 

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Distributions to noncontrolling interests

 

 

(19

)

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(10

)

 

 

(10

)

Purchase of subsidiary shares from noncontrolling

interests

 

 

(13

)

 

 

 

—

 

 

 

9

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

9

 

Adjustment to redemption value of redeemable

noncontrolling interests

 

 

6

 

 

 

 

—

 

 

 

(6

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(6

)

Share-based compensation

 

 

—

 

 

 

 

—

 

 

 

5

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

5

 

Balance, September 30, 2021

 

$

493

 

 

 

$

1

 

 

$

2,092

 

 

$

(14

)

 

$

(3,655

)

 

$

83

 

 

$

(1,493

)

 

 
Schedule of Impact of Noncontrolling Interest to Stockholders' Deficit

The following schedule discloses the effects of changes in the Company’s ownership interest in its less-than-wholly-owned subsidiaries on Community Health Systems, Inc. stockholders’ deficit (in millions):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net (loss) income attributable to Community Health Systems,

   Inc. stockholders

 

$

(42

)

 

$

111

 

 

$

(369

)

 

$

52

 

Transfers to the noncontrolling interests:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (decrease) increase in Community Health Systems,

   Inc. paid-in-capital for purchase of

   subsidiary partnership interests

 

 

(1

)

 

 

9

 

 

 

(2

)

 

 

9

 

Net transfers to the noncontrolling interests

 

 

(1

)

 

 

9

 

 

 

(2

)

 

 

9

 

Change to Community Health Systems, Inc. stockholders'

   deficit from net (loss) income attributable to

   Community Health Systems, Inc. stockholders and

   transfers to noncontrolling interests

 

$

(43

)

 

$

120

 

 

$

(371

)

 

$

61