XML 81 R4.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Net operating revenues $ 4,520 $ 4,545
Equity in earnings of unconsolidated affiliates 28 34
Operating expenses:    
Salaries, wages and benefits 2,187 2,151
Supplies 763 741
Other operating expenses, net 1,013 1,065
Depreciation and amortization 203 208
Impairment and restructuring charges, and acquisition-related costs 55 19
Litigation and investigation costs 2 13
Net losses (gains) on sales, consolidation and deconsolidation of facilities (2) 1
Operating income 327 381
Interest expense (243) (251)
Other non-operating income, net 1 1
Loss from early extinguishment of debt 0 (47)
Income from continuing operations, before income taxes 85 84
Income tax benefit (expense) 75 (20)
Income from continuing operations, before discontinued operations 160 64
Discontinued operations:    
Income (loss) from operations (1) 10
Income tax expense 0 (2)
Income (loss) from discontinued operations (1) 8
Net income 159 72
Less: Net income available to noncontrolling interests 66 84
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders 93 (12)
Amounts available (attributable) to Tenet Healthcare Corporation common shareholders    
Income (loss) from continuing operations, net of tax 94 (20)
Income (loss) from discontinued operations, net of tax (1) 8
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders $ 93 $ (12)
Basic    
Continuing operations (in dollars per share) $ 0.90 $ (0.19)
Discontinued operations (in dollars per share) (0.01) 0.08
Total loss per share, Basic (in dollars per share) 0.89 (0.11)
Diluted    
Continuing operations (in dollars per share) 0.89 (0.19)
Discontinued operations (in dollars per share) (0.01) 0.08
Total loss per share, Diluted (in dollars per share) $ 0.88 $ (0.11)
Weighted average shares and dilutive securities outstanding (in thousands):    
Basic (in shares) 104,353 102,788
Diluted (in shares) 105,733 102,788