Reconciliation of assets by reportable segment to consolidated assets |
The following tables include amounts for each of our reportable segments and the reconciling items necessary to agree to amounts reported in the accompanying Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Operations: | | | | | | | | | | | | September 30, 2017 | | December 31, 2016 | Assets: | | |
| | |
| Hospital Operations and other | | $ | 16,249 |
| | $ | 17,871 |
| Ambulatory Care | | 5,847 |
| | 5,722 |
| Conifer | | 1,112 |
| | 1,108 |
| Total | | $ | 23,208 |
| | $ | 24,701 |
|
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Reconciliation of other significant reconciling items from segments to consolidated |
| | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | 2017 | | 2016 | | 2017 | | 2016 | Capital expenditures: | | |
| | |
| | |
| | |
| Hospital Operations and other | | $ | 122 |
| | $ | 182 |
| | $ | 441 |
| | $ | 557 |
| Ambulatory Care | | 16 |
| | 14 |
| | 37 |
| | 42 |
| Conifer | | 6 |
| | 5 |
| | 14 |
| | 15 |
| Total | | $ | 144 |
| | $ | 201 |
| | $ | 492 |
| | $ | 614 |
| | | | | | | | | | Net operating revenues: | | |
| | |
| | |
| | |
| Hospital Operations and other total prior to inter-segment eliminations(1) | | $ | 3,866 |
| | $ | 4,162 |
| | $ | 12,066 |
| | $ | 12,761 |
| Ambulatory Care | | 468 |
| | 448 |
| | 1,395 |
| | 1,319 |
| Conifer | | |
| | |
| | | | |
| Tenet | | 149 |
| | 159 |
| | 463 |
| | 488 |
| Other customers | | 252 |
| | 239 |
| | 740 |
| | 681 |
| Total Conifer | | 401 |
| | 398 |
| | 1,203 |
| | 1,169 |
| Inter-segment eliminations | | (149 | ) | | (159 | ) | | (463 | ) | | (488 | ) | Total | | $ | 4,586 |
| | $ | 4,849 |
| | $ | 14,201 |
| | $ | 14,761 |
| | | | | | | | | | Equity in earnings of unconsolidated affiliates: | | |
| | |
| | |
| | |
| Hospital Operations and other | | $ | 4 |
| | $ | 3 |
| | $ | 4 |
| | $ | 6 |
| Ambulatory Care | | 34 |
| | 28 |
| | 91 |
| | 79 |
| Total | | $ | 38 |
| | $ | 31 |
| | $ | 95 |
| | $ | 85 |
| | | | | | | | | | Adjusted EBITDA: | | |
| | |
| | |
| | |
| Hospital Operations and other(2) | | $ | 269 |
| | $ | 346 |
| | $ | 924 |
| | $ | 1,191 |
| Ambulatory Care | | 159 |
| | 157 |
| | 476 |
| | 432 |
| Conifer | | 79 |
| | 79 |
| | 204 |
| | 205 |
| Total | | $ | 507 |
| | $ | 582 |
| | $ | 1,604 |
| | $ | 1,828 |
| | | | | | | | | | Depreciation and amortization: | | |
| | |
| | |
| | |
| Hospital Operations and other | | $ | 185 |
| | $ | 170 |
| | $ | 560 |
| | $ | 525 |
| Ambulatory Care | | 22 |
| | 22 |
| | 66 |
| | 69 |
| Conifer | | 12 |
| | 13 |
| | 36 |
| | 38 |
| Total | | $ | 219 |
| | $ | 205 |
| | $ | 662 |
| | $ | 632 |
|
| | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | 2017 | | 2016 | | 2017 | | 2016 | Adjusted EBITDA | | $ | 507 |
| | $ | 582 |
| | $ | 1,604 |
| | $ | 1,828 |
| Loss from divested and closed businesses (i.e., the Company’s health plan businesses) | | (6 | ) | | (6 | ) | | (41 | ) | | (8 | ) | Depreciation and amortization | | (219 | ) | | (205 | ) | | (662 | ) | | (632 | ) | Impairment and restructuring charges, and acquisition-related costs | | (329 | ) | | (31 | ) | | (403 | ) | | (81 | ) | Litigation and investigation costs | | (6 | ) | | (4 | ) | | (12 | ) | | (291 | ) | Interest expense | | (257 | ) | | (243 | ) | | (775 | ) | | (730 | ) | Loss from early extinguishment of debt | | (138 | ) | | — |
| | (164 | ) | | — |
| Other non-operating expense, net | | (4 | ) | | (7 | ) | | (14 | ) | | (18 | ) | Gains on sales, consolidation and deconsolidation of facilities | | 104 |
| | 3 |
| | 142 |
| | 151 |
| Net income (loss) from continuing operations before income taxes | | $ | (348 | ) | | $ | 89 |
| | $ | (325 | ) | | $ | 219 |
|
| | (1) | Hospital Operations and other revenues includes health plan revenues of $10 million and $100 million for the three and nine months ended September 30, 2017, respectively, and $122 million and $385 million for the three and nine months ended September 30, 2016, respectively. |
| | (2) | Hospital Operations and other Adjusted EBITDA excludes health plan EBITDA of $(6) million and $(41) million for the three and nine months ended September 30, 2017, respectively, and $(6) million and $(8) million for the three and nine months ended September 30, 2016, respectively. |
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