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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 4,387 $ 4,145 $ 4,389
Increase (decrease) in cash from operating assets and liabilities:      
Accounts receivable 327 (326) (423)
Inventories and other assets (304) (158) (242)
Accounts payable and accrued expenses 1,255 396 698
Depreciation and amortization 2,721 2,596 2,278
Income taxes 41 250 74
Losses (gains) on sales of facilities 7 (18) (428)
Losses on retirement of debt 295 211 9
Amortization of debt issuance costs 30 30 31
Share-based compensation 362 347 268
Other 111 129 107
Net cash provided by operating activities 9,232 7,602 6,761
Cash flows from investing activities:      
Purchase of property and equipment (2,835) (4,158) (3,573)
Acquisition of hospitals and health care entities (568) (1,682) (1,253)
Sales of hospitals and health care entities 68 61 808
Change in investments (20) 25 57
Other (38) 34 60
Net cash used in investing activities (3,393) (5,720) (3,901)
Cash flows from financing activities:      
Issuances of long-term debt 2,700 6,451 2,000
Net change in revolving credit facilities (2,480) (560) (640)
Repayment of long-term debt (3,437) (5,324) (1,704)
Distributions to noncontrolling interests (626) (542) (441)
Payment of debt issuance costs (35) (73) (25)
Payment of dividends (153) (550) (487)
Repurchase of common stock (441) (1,031) (1,530)
Other (205) (142) (248)
Net cash used in financing activities (4,677) (1,771) (3,075)
Effect of exchange rate changes on cash and cash equivalents 10 8 (15)
Change in cash and cash equivalents 1,172 119 (230)
Cash and cash equivalents at beginning of period 621 502 732
Cash and cash equivalents at end of period 1,793 621 502
Interest payments 1,607 1,914 1,744
Income tax payments, net $ 1,002 $ 849 $ 872