XML 39 R8.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 698 $ 1,181
Increase (decrease) in cash from operating assets and liabilities:    
Accounts receivable 464 (369)
Inventories and other assets (196) (174)
Accounts payable and accrued expenses (784) (651)
Depreciation and amortization 674 619
Income taxes 121 269
Losses (gains) on sales of facilities (7) 1
Losses on retirement of debt 295 0
Amortization of debt issuance costs and discounts 7 8
Share-based compensation 82 62
Other 21 28
Net cash provided by operating activities 1,375 974
Cash flows from investing activities:    
Purchase of property and equipment (853) (781)
Acquisition of hospitals and health care entities (328) (1,474)
Sales of hospitals and health care entities 35 30
Change in investments (1) 36
Other 2 24
Net cash used in investing activities (1,145) (2,165)
Cash flows from financing activities:    
Issuances of long-term debt 2,700 1,500
Net change in revolving bank credit facilities 1,440 460
Repayment of long-term debt (3,327) (49)
Distributions to noncontrolling interests (154) (136)
Payment of debt issuance costs (34) (22)
Payment of dividends (152) (141)
Repurchases of common stock (441) (278)
Other (141) (118)
Net cash (used in) provided by financing activities (109) 1,216
Effect of exchange rate changes on cash and cash equivalents (11) 4
Change in cash and cash equivalents 110 29
Cash and cash equivalents at beginning of period 621 502
Cash and cash equivalents at end of period 731 531
Interest payments 468 580
Income tax (refunds) payments, net $ (9) $ 10