Supplemental Condensed Consolidating Financial Information and Other Collateral-Related Information

12 Months Ended

Dec. 31, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Condensed Consolidating Financial Information and Other Collateral-Related Information

NOTE 17 — SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION AND OTHER COLLATERAL-RELATED INFORMATION

HCA Inc. is a 100% owned direct subsidiary of HCA Healthcare, Inc. On December 6, 2012, HCA Healthcare, Inc. issued $1.000 billion aggregate principal amount of 6.25% senior unsecured notes due 2021. These notes are senior unsecured obligations and are not guaranteed by any of our subsidiaries.

The senior secured credit facilities and senior secured notes described in Note 9 are jointly and severally, and fully and unconditionally guaranteed by substantially all existing and future, direct and indirect, 100% owned material domestic subsidiaries that are “Unrestricted Subsidiaries” under our Indenture dated December 16, 1993 (except for certain special purpose subsidiaries that only guarantee and pledge their assets under our ABL credit facility).

Our condensed consolidating balance sheets at December 31, 2017 and 2016 and condensed consolidating statements of comprehensive income and cash flows for each of the three years in the period ended December 31, 2017, segregating HCA Healthcare, Inc. issuer, HCA Inc. issuer, the subsidiary guarantors, the subsidiary non-guarantors and eliminations, follow.

HCA HEALTHCARE, INC.

CONDENSED CONSOLIDATING COMPREHENSIVE INCOME STATEMENT

FOR THE YEAR ENDED DECEMBER 31, 2017

(Dollars in millions)

	HCA Healthcare, Inc. Issuer			HCA Inc. Issuer			Subsidiary Guarantors			Subsidiary Non- Guarantors			Eliminations			Condensed Consolidated
Revenues before provision for doubtful accounts	$	—		$	—		$	27,992		$	19,661		$	—		$	47,653
Provision for doubtful accounts		—			—			2,218			1,821			—			4,039
Revenues		—			—			25,774			17,840			—			43,614
Salaries and benefits		—			—			11,619			8,440			—			20,059
Supplies		—			—			4,286			3,030			—			7,316
Other operating expenses		6			—			4,249			3,796			—			8,051
Equity in earnings of affiliates		(2,476	)		—			(6	)		(39	)		2,476			(45	)
Depreciation and amortization		—			—			1,237			894			—			2,131
Interest expense		64			3,088			(1,309	)		(153	)		—			1,690
Gains on sales of facilities		—			—			(2	)		(6	)		—			(8	)
Losses on retirement of debt		—			39			—			—			—			39
Management fees		—			—			(621	)		621			—			—
		(2,406	)		3,127			19,453			16,583			2,476			39,233
Income (loss) before income taxes		2,406			(3,127	)		6,321			1,257			(2,476	)		4,381
Provision (benefit) for income taxes		190			(1,154	)		2,293			309			—			1,638
Net income (loss)		2,216			(1,973	)		4,028			948			(2,476	)		2,743
Net income attributable to noncontrolling interests		—			—			108			419			—			527
Net income (loss) attributable to HCA Healthcare, Inc.	$	2,216		$	(1,973	)	$	3,920		$	529		$	(2,476	)	$	2,216
Comprehensive income (loss) attributable to HCA Healthcare, Inc.	$	2,276		$	(1,953	)	$	3,898		$	591		$	(2,536	)	$	2,276

HCA HEALTHCARE, INC.

CONDENSED CONSOLIDATING COMPREHENSIVE INCOME STATEMENT

FOR THE YEAR ENDED DECEMBER 31, 2016

(Dollars in millions)

	HCA Healthcare, Inc. Issuer			HCA Inc. Issuer			Subsidiary Guarantors (as adjusted)			Subsidiary Non- Guarantors (as adjusted)			Eliminations			Condensed Consolidated
Revenues before provision for doubtful accounts	$	—		$	—		$	26,468		$	18,279		$	—		$	44,747
Provision for doubtful accounts		—			—			2,041			1,216			—			3,257
Revenues		—			—			24,427			17,063			—			41,490
Salaries and benefits		—			—			10,971			7,926			—			18,897
Supplies		—			—			4,090			2,843			—			6,933
Other operating expenses		6			—			3,912			3,578			—			7,496
Equity in earnings of affiliates		(2,738	)		—			(7	)		(47	)		2,738			(54	)
Depreciation and amortization		—			—			1,141			825			—			1,966
Interest expense		64			2,756			(970	)		(143	)		—			1,707
Losses (gains) on sales of facilities		—			—			4			(27	)		—			(23	)
Losses on retirement of debt		—			4			—			—			—			4
Legal claim benefits		—			(246	)		—			—			—			(246	)
Management fees		—			—			(588	)		588			—			—
		(2,668	)		2,514			18,553			15,543			2,738			36,680
Income (loss) before income taxes		2,668			(2,514	)		5,874			1,520			(2,738	)		4,810
Provision (benefit) for income taxes		(222	)		(928	)		2,133			395			—			1,378
Net income (loss)		2,890			(1,586	)		3,741			1,125			(2,738	)		3,432
Net income attributable to noncontrolling interests		—			—			93			449			—			542
Net income (loss) attributable to HCA Healthcare, Inc.	$	2,890		$	(1,586	)	$	3,648		$	676		$	(2,738	)	$	2,890
Comprehensive income (loss) attributable to HCA Healthcare, Inc.	$	2,817		$	(1,505	)	$	3,637		$	533		$	(2,665	)	$	2,817

HCA HEALTHCARE, INC.

CONDENSED CONSOLIDATING COMPREHENSIVE INCOME STATEMENT

FOR THE YEAR ENDED DECEMBER 31, 2015

(Dollars in millions)

	HCA Healthcare, Inc. Issuer			HCA Inc. Issuer			Subsidiary Guarantors (as adjusted)			Subsidiary Non- Guarantors (as adjusted)			Eliminations			Condensed Consolidated
Revenues before provision for doubtful accounts	$	—		$	—		$	25,711		$	17,880		$	—		$	43,591
Provision for doubtful accounts		—			—			2,329			1,584			—			3,913
Revenues		—			—			23,382			16,296			—			39,678
Salaries and benefits		—			—			10,593			7,522			—			18,115
Supplies		—			—			3,933			2,705			—			6,638
Other operating expenses		(2	)		—			3,685			3,373			—			7,056
Equity in earnings of affiliates		(2,352	)		—			(8	)		(38	)		2,352			(46	)
Depreciation and amortization		—			—			1,085			819			—			1,904
Interest expense		115			2,445			(816	)		(79	)		—			1,665
Losses on sales of facilities		—			—			—			5			—			5
Losses on retirement of debt		122			13			—			—			—			135
Legal claim costs		120			129			—			—			—			249
Management fees		—			—			(515	)		515			—			—
		(1,997	)		2,587			17,957			14,822			2,352			35,721
Income (loss) before income taxes		1,997			(2,587	)		5,425			1,474			(2,352	)		3,957
Provision (benefit) for income taxes		(132	)		(962	)		1,983			372			—			1,261
Net income (loss)		2,129			(1,625	)		3,442			1,102			(2,352	)		2,696
Net income attributable to noncontrolling interests		—			—			92			475			—			567
Net income (loss) attributable to HCA Healthcare, Inc.	$	2,129		$	(1,625	)	$	3,350		$	627		$	(2,352	)	$	2,129
Comprehensive income (loss) attributable to HCA Healthcare, Inc.	$	2,187		$	(1,568	)	$	3,389		$	589		$	(2,410	)	$	2,187

HCA HEALTHCARE, INC.

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2017

(Dollars in millions)

	HCA Healthcare, Inc. Issuer			HCA Inc. Issuer			Subsidiary Guarantors			Subsidiary Non- Guarantors			Eliminations			Condensed Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	1		$	—		$	112		$	619		$	—		$	732
Accounts receivable, net		—			—			3,693			2,808			—			6,501
Inventories		—			—			1,030			543			—			1,573
Other		—			—			663			508			—			1,171
		1			—			5,498			4,478			—			9,977
Property and equipment, net		—			—			11,110			6,785			—			17,895
Investments of insurance subsidiaries		—			—			—			418			—			418
Investments in and advances to affiliates		29,581			—			22			177			(29,581	)		199
Goodwill and other intangible assets		—			—			4,893			2,501			—			7,394
Other		510			50			47			103			—			710
	$	30,092		$	50		$	21,570		$	14,462		$	(29,581	)	$	36,593
LIABILITIES AND STOCKHOLDERS’                          (DEFICIT)                           EQUITY
Current liabilities:
Accounts payable	$	—		$	—		$	1,793		$	813		$	—		$	2,606
Accrued salaries		—			—			862			507			—			1,369
Other accrued expenses		29			378			536			1,040			—			1,983
Long-term debt due within one year		—			97			64			39			—			200
		29			475			3,255			2,399			—			6,158
Long-term debt, net		995			31,367			307			189			—			32,858
Intercompany balances		35,322			(9,742	)		(25,228	)		(352	)		—			—
Professional liability risks		—			—			—			1,198			—			1,198
Income taxes and other liabilities		552			—			357			465			—			1,374
		36,898			22,100			(21,309	)		3,899			—			41,588
Stockholders’ (deficit) equity attributable to HCA Healthcare, Inc.		(6,806	)		(22,050	)		42,755			8,876			(29,581	)		(6,806	)
Noncontrolling interests		—			—			124			1,687			—			1,811
		(6,806	)		(22,050	)		42,879			10,563			(29,581	)		(4,995	)
	$	30,092		$	50		$	21,570		$	14,462		$	(29,581	)	$	36,593

HCA HEALTHCARE, INC.

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2016

(Dollars in millions)

	HCA Healthcare, Inc. Issuer			HCA Inc. Issuer			Subsidiary Guarantors (as adjusted)			Subsidiary Non- Guarantors (as adjusted)			Eliminations			Condensed Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	—		$	—		$	113		$	533		$	—		$	646
Accounts receivable, net		—			—			3,388			2,438			—			5,826
Inventories		—			—			1,001			502			—			1,503
Other		—			—			592			519			—			1,111
		—			—			5,094			3,992			—			9,086
Property and equipment, net		—			—			10,464			5,888			—			16,352
Investments of insurance subsidiaries		—			—			—			336			—			336
Investments in and advances to affiliates		27,045			—			24			182			(27,045	)		206
Goodwill and other intangible assets		—			—			4,612			2,092			—			6,704
Other		877			—			43			154			—			1,074
	$	27,922		$	—		$	20,237		$	12,644		$	(27,045	)	$	33,758
LIABILITIES AND STOCKHOLDERS’                          (DEFICIT)                           EQUITY
Current liabilities:
Accounts payable	$	—		$	—		$	1,607		$	711		$	—		$	2,318
Accrued salaries		—			—			811			454			—			1,265
Other accrued expenses		29			572			528			906			—			2,035
Long-term debt due within one year		—			97			72			47			—			216
		29			669			3,018			2,118			—			5,834
Long-term debt, net		993			29,693			304			170			—			31,160
Intercompany balances		33,784			(10,277	)		(22,495	)		(1,012	)		—			—
Professional liability risks		—			—			—			1,148			—			1,148
Income taxes and other liabilities		418			12			397			422			—			1,249
		35,224			20,097			(18,776	)		2,846			—			39,391
Stockholders’ (deficit) equity attributable to HCA Healthcare, Inc.		(7,302	)		(20,097	)		38,857			8,285			(27,045	)		(7,302	)
Noncontrolling interests		—			—			156			1,513			—			1,669
		(7,302	)		(20,097	)		39,013			9,798			(27,045	)		(5,633	)
	$	27,922		$	—		$	20,237		$	12,644		$	(27,045	)	$	33,758

HCA HEALTHCARE, INC.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED DECEMBER 31, 2017

(Dollars in millions)

	HCA Healthcare, Inc. Issuer			HCA Inc. Issuer			Subsidiary Guarantors			Subsidiary Non- Guarantors			Eliminations			Condensed Consolidated
Cash flows from operating activities:
Net income (loss)	$	2,216		$	(1,973	)	$	4,028		$	948		$	(2,476	)	$	2,743
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Change in operating assets and liabilities		—			(193	)		(2,437	)		(1,705	)		—			(4,335	)
Provision for doubtful accounts		—			—			2,218			1,821			—			4,039
Depreciation and amortization		—			—			1,237			894			—			2,131
Income taxes		433			—			—			—			—			433
Gains on sales of facilities		—			—			(2	)		(6	)		—			(8	)
Losses on retirement of debt		—			39			—			—			—			39
Amortization of debt issuance costs		—			31			—			—			—			31
Share-based compensation		—			—			270			—			—			270
Equity in earnings of affiliates		(2,476	)		—			—			—			2,476			—
Other		78			—			—			5			—			83
Net cash provided by (used in) operating activities		251			(2,096	)		5,314			1,957			—			5,426
Cash flows from investing activities:
Purchase of property and equipment		—			—			(1,681	)		(1,334	)		—			(3,015	)
Acquisition of hospitals and health care entities		—			—			(26	)		(1,186	)		—			(1,212	)
Disposal of hospitals and health care entities		—			—			14			11			—			25
Change in investments		—			—			(1	)		(72	)		—			(73	)
Other		—			—			—			(4	)		—			(4	)
Net cash used in investing activities		—			—			(1,694	)		(2,585	)		—			(4,279	)
Cash flows from financing activities:
Issuance of long-term debt		—			1,500			—			2			—			1,502
Net change in revolving bank credit facilities		—			760			—			—			—			760
Repayment of long-term debt		—			(628	)		(77	)		(48	)		—			(753	)
Distributions to noncontrolling interests		—			—			(140	)		(308	)		—			(448	)
Payment of debt issuance costs		—			(26	)		—			—			—			(26	)
Repurchases of common stock		(2,051	)		—			—			—			—			(2,051	)
Changes in intercompany balances with affiliates, net		1,867			490			(3,404	)		1,047			—			—
Other		(66	)		—			—			21			—			(45	)
Net cash (used in) provided by financing activities		(250	)		2,096			(3,621	)		714			—			(1,061	)
Change in cash and cash equivalents		1			—			(1	)		86			—			86
Cash and cash equivalents at beginning of period		—			—			113			533			—			646
Cash and cash equivalents at end of period	$	1		$	—		$	112		$	619		$	—		$	732

HCA HEALTHCARE, INC.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED DECEMBER 31, 2016

(Dollars in millions)

	HCA Healthcare, Inc. Issuer			HCA Inc. Issuer			Subsidiary Guarantors (as adjusted)			Subsidiary Non- Guarantors (as adjusted)			Eliminations			Condensed Consolidated
Cash flows from operating activities:
Net income (loss)	$	2,890		$	(1,586	)	$	3,741		$	1,125		$	(2,738	)	$	3,432
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Change in operating assets and liabilities		(25	)		39			(2,180	)		(1,049	)		—			(3,215	)
Provision for doubtful accounts		—			—			2,041			1,216			—			3,257
Depreciation and amortization		—			—			1,141			825			—			1,966
Income taxes		123			—			—			—			—			123
Losses (gains) on sales of facilities		—			—			4			(27	)		—			(23	)
Losses on retirement of debt		—			4			—			—			—			4
Legal claim benefits		—			(246	)		—			—			—			(246	)
Amortization of debt issuance costs		1			33			—			—			—			34
Share-based compensation		—			—			251			—			—			251
Equity in earnings of affiliates		(2,738	)		—			—			—			2,738			—
Other		71			—			—			(1	)		—			70
Net cash provided by (used in) operating activities		322			(1,756	)		4,998			2,089			—			5,653
Cash flows from investing activities:
Purchase of property and equipment		—			—			(1,554	)		(1,206	)		—			(2,760	)
Acquisition of hospitals and health care entities		—			—			(199	)		(377	)		—			(576	)
Disposal of hospitals and health care entities		—			—			10			16			—			26
Change in investments		—			—			(15	)		79			—			64
Other		—			—			—			6			—			6
Net cash used in investing activities		—			—			(1,758	)		(1,482	)		—			(3,240	)
Cash flows from financing activities:
Issuance of long-term debt		—			5,400			—			—			—			5,400
Net change in revolving bank credit facilities		—			(110	)		—			—			—			(110	)
Repayment of long-term debt		—			(4,358	)		(74	)		(43	)		—			(4,475	)
Distributions to noncontrolling interests		—			—			(64	)		(370	)		—			(434	)
Payment of debt issuance costs		—			(40	)		—			—			—			(40	)
Repurchases of common stock		(2,751	)		—			—			—			—			(2,751	)
Changes in intercompany balances with affiliates, net		2,532			864			(3,149	)		(247	)		—			—
Other		(103	)		—			—			5			—			(98	)
Net cash (used in) provided by financing activities		(322	)		1,756			(3,287	)		(655	)		—			(2,508	)
Change in cash and cash equivalents		—			—			(47	)		(48	)		—			(95	)
Cash and cash equivalents at beginning of period		—			—			160			581			—			741
Cash and cash equivalents at end of period	$	—		$	—		$	113		$	533		$	—		$	646

HCA HEALTHCARE, INC.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED DECEMBER 31, 2015

(Dollars in millions)

	HCA Healthcare, Inc. Issuer			HCA Inc. Issuer			Subsidiary Guarantors (as adjusted)			Subsidiary Non- Guarantors (as adjusted)			Eliminations			Condensed Consolidated
Cash flows from operating activities:
Net income (loss)	$	2,129		$	(1,625	)	$	3,442		$	1,102		$	(2,352	)	$	2,696
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Change in operating assets and liabilities		(12	)		44			(2,786	)		(1,482	)		—			(4,236	)
Provision for doubtful accounts		—			—			2,329			1,584			—			3,913
Depreciation and amortization		—			—			1,085			819			—			1,904
Income taxes		(160	)		—			—			—			—			(160	)
Losses on sales of facilities		—			—			—			5			—			5
Losses on retirement of debt		122			13			—			—			—			135
Legal claim costs		20			129			—			—			—			149
Amortization of debt issuance costs		3			32			—			—			—			35
Share-based compensation		—			—			239			—			—			239
Equity in earnings of affiliates		(2,352	)		—			—			—			2,352			—
Other		66			3			(5	)		(10	)		—			54
Net cash (used in) provided by operating activities		(184	)		(1,404	)		4,304			2,018			—			4,734
Cash flows from investing activities:
Purchase of property and equipment		—			—			(1,560	)		(815	)		—			(2,375	)
Acquisition of hospitals and health care entities		—			—			(51	)		(300	)		—			(351	)
Disposal of hospitals and health care entities		—			—			48			25			—			73
Change in investments		—			—			7			56			—			63
Other		—			—			(6	)		13			—			7
Net cash used in investing activities		—			—			(1,562	)		(1,021	)		—			(2,583	)
Cash flows from financing activities:
Issuance of long-term debt		—			5,548			—			—			—			5,548
Net change in revolving bank credit facilities		—			150			—			—			—			150
Repayment of long-term debt		(1,632	)		(3,189	)		(60	)		(39	)		—			(4,920	)
Distributions to noncontrolling interests		—			—			(85	)		(410	)		—			(495	)
Payment of debt issuance costs		—			(50	)		—			—			—			(50	)
Repurchases of common stock		(2,397	)		—			—			—			—			(2,397	)
Changes in intercompany balances with affiliates, net		4,006			(1,055	)		(2,526	)		(425	)		—			—
Other		207			—			—			(19	)		—			188
Net cash provided by (used in) financing activities		184			1,404			(2,671	)		(893	)		—			(1,976	)
Change in cash and cash equivalents		—			—			71			104			—			175
Cash and cash equivalents at beginning of period		—			—			89			477			—			566
Cash and cash equivalents at end of period	$	—		$	—		$	160		$	581		$	—		$	741

The above supplemental condensed consolidating financial information as of December 31, 2016, and for the years ended December 31, 2016 and 2015, has been adjusted to properly record the impact of certain subsidiaries that were non-guarantors becoming guarantors, primarily related to the Company acquiring previous noncontrolling interests of non-guarantor subsidiaries that then became guarantor subsidiaries. We believe the impact of these adjustments was immaterial as they had no impact to our consolidated income statements, balance sheets or statements of cash flows, had no impact on any liquidity measures of the Company, nor did they impact any financial ratios based on our consolidated balance sheets or income statements. There was also no impact to our loan covenant reporting or compliance. The impact of the adjustments was limited to reclassifications between the Subsidiary Guarantors and Subsidiary Non-Guarantors columns of the condensed consolidating financial statements. The application of these adjustments to the consolidating information for 2016 and 2015 is summarized as follows (dollars in millions):

	As Previously Reported			Adjustment			As Adjusted
Year ended December 31, 2016
Net income (loss) attributable to HCA Healthcare, Inc.:
HCA Healthcare, Inc. Issuer	$	2,890		$	—		$	2,890
HCA Inc. Issuer		(1,586	)		—			(1,586	)
Subsidiary Guarantors		3,235			413			3,648
Subsidiary Non-Guarantors		1,089			(413	)		676
Eliminations		(2,738	)		—			(2,738	)
Condensed Consolidated	$	2,890		$	—		$	2,890

	As Previously Reported			Adjustment			As Adjusted
December 31, 2016
Total assets:
HCA Healthcare, Inc. Issuer	$	27,922		$	—		$	27,922
HCA Inc. Issuer		—			—			—
Subsidiary Guarantors		14,714			5,523	(a)		20,237
Subsidiary Non-Guarantors		18,167			(5,523	)(a)		12,644
Eliminations		(27,045	)		—			(27,045	)
Condensed Consolidated	$	33,758		$	—		$	33,758

(a) Amounts include $2,884 of goodwill and other intangible assets and $2,001 of property and equipment, net.

	As Previously Reported			Adjustment			As Adjusted
December 31, 2016
Total liabilities:
HCA Healthcare, Inc. Issuer	$	35,224		$	—		$	35,224
HCA Inc. Issuer		20,097			—			20,097
Subsidiary Guarantors		(23,194	)		4,418	(b)		(18,776	)
Subsidiary Non-Guarantors		7,264			(4,418	)(b)		2,846
Eliminations		—			—			—
Condensed Consolidated	$	39,391		$	—		$	39,391

(b) Amounts include $3,952 of intercompany balances.

	As Previously Reported			Adjustment			As Adjusted
Year ended December 31, 2016
Net cash provided (used in) operating activities:
HCA Healthcare, Inc. Issuer	$	322		$	—		$	322
HCA Inc. Issuer		(1,756	)		—			(1,756	)
Subsidiary Guarantors		4,425			573			4,998
Subsidiary Non-Guarantors		2,662			(573	)		2,089
Eliminations		—			—			—
Condensed Consolidated	$	5,653		$	—		$	5,653

	As Previously Reported			Adjustment			As Adjusted
Year ended December 31, 2015
Net income (loss) attributable to HCA Healthcare, Inc.:
HCA Healthcare, Inc. Issuer	$	2,129		$	—		$	2,129
HCA Inc. Issuer		(1,625	)		—			(1,625	)
Subsidiary Guarantors		2,970			380			3,350
Subsidiary Non-Guarantors		1,007			(380	)		627
Eliminations		(2,352	)		—			(2,352	)
Condensed Consolidated	$	2,129		$	—		$	2,129

	As Previously Reported			Adjustment			As Adjusted
Year ended December 31, 2015
Net cash provided (used in) operating activities:
HCA Healthcare, Inc. Issuer	$	(184	)	$	—		$	(184	)
HCA Inc. Issuer		(1,404	)		—			(1,404	)
Subsidiary Guarantors		3,772			532			4,304
Subsidiary Non-Guarantors		2,550			(532	)		2,018
Eliminations		—			—			—
Condensed Consolidated	$	4,734		$	—		$	4,734

Healthtrust, Inc. — The Hospital Company (“Healthtrust”) is the first-tier subsidiary of HCA Inc. The common stock of Healthtrust has been pledged as collateral for the senior secured credit facilities and senior secured notes described in Note 9. Rule 3-16 of Regulation S-X under the Securities Act requires the filing of separate financial statements for any affiliate of the registrant whose securities constitute a substantial portion of the collateral for any class of securities registered or being registered. We believe the separate financial statements requirement applies to Healthtrust due to the pledge of its common stock as collateral for the senior secured notes. Due to the corporate structure relationship of HCA and Healthtrust, HCA’s operating subsidiaries are also the operating subsidiaries of Healthtrust. The corporate structure relationship, combined with the application of push-down accounting in Healthtrust’s consolidated financial statements related to HCA’s debt and financial instruments, results in the consolidated financial statements of Healthtrust being substantially identical to the consolidated financial statements of HCA. The consolidated financial statements of HCA and Healthtrust present the identical amounts for revenues, expenses, net income, assets, liabilities, total stockholders’ deficit, net cash provided by operating activities, net cash used in investing activities and net cash used in financing activities. Certain individual line items in the HCA consolidated statements of stockholders’ deficit are combined into one line item in the Healthtrust consolidated statements of stockholder’s deficit.

Reconciliations of the HCA Healthcare, Inc. Consolidated Statements of Stockholders’ Deficit presentation to the Healthtrust, Inc. — The Hospital Company Consolidated Statements of Stockholder’s Deficit presentation for the years ended December 31, 2017, 2016 and 2015 are as follows (dollars in millions):

	2017			2016			2015
Presentation in HCA Healthcare, Inc. Consolidated Statements of Stockholders’ Deficit:
Share-based benefit plans	$	281		$	233		$	523
Other		(10	)		(2	)		(18	)
Presentation in Healthtrust, Inc. — The Hospital Company Consolidated Statements of Stockholder’s Deficit:
Distributions from HCA Healthcare, Inc., net of contributions to HCA Healthcare, Inc.	$	271		$	231		$	505

Due to the consolidated financial statements of Healthtrust being substantially identical to the consolidated financial statements of HCA, except for the items presented in the table above, the separate consolidated financial statements of Healthtrust are not presented.