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Stockholders' Deficit (Tables)
 3 Months Ended
Mar. 31, 2023
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 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

)

 

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, 2022, and during the three-month period 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)

 

 

Accumulated

Deficit

 

 

Noncontrolling

Interest

 

 

Total

Stockholders’

Deficit

 

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

)

 

 
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

 

 

 

March 31,

 

 

 

2023

 

 

2022

 

Net loss attributable to Community Health Systems,

   Inc. stockholders

 

$

(51

)

 

$

(1

)

Transfers to the noncontrolling interests:

 

 

 

 

 

 

 

 

Net increase (decrease) in Community Health Systems,

   Inc. paid-in-capital for purchase of

   subsidiary partnership interests

 

 

—

 

 

 

(1

)

Net transfers to the noncontrolling interests

 

 

—

 

 

 

(1

)

Change to Community Health Systems, Inc. stockholders'

   deficit from net loss attributable to

   Community Health Systems, Inc. stockholders and

   transfers to noncontrolling interests

 

$

(51

)

 

$

(2

)