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EQUITY (Tables)
9 Months Ended
Sep. 30, 2013
EQUITY  
Schedule Of Repurchase Of Common Stock

 

 

Period

 

Total Number of
Shares
Purchased

 

Average Price
Paid Per
Share

 

Total Number of
Shares Purchased as
Part of Publicly
Announced Program

 

Maximum Dollar Value
of Shares That May Yet
Be Purchased Under
the Program

 

 

 

(In Thousands)

 

 

 

(In Thousands)

 

(In Millions)

 

November 1, 2012 through December 31, 2012

 

3,406

 

$

29.36

 

3,406

 

$

400

 

January 1, 2013 through January 31, 2013

 

531

 

37.13

 

531

 

380

 

February 1, 2013 through February 28, 2013

 

914

 

39.30

 

914

 

344

 

March 1, 2013 through March 31, 2013

 

1,010

 

43.95

 

1,010

 

300

 

Three Months Ended March 31, 2013

 

2,455

 

40.74

 

2,455

 

300

 

May 1, 2013 through May 31, 2013

 

933

 

46.78

 

933

 

256

 

June 1, 2013 through June 30, 2013

 

1,065

 

45.71

 

1,065

 

208

 

Three Months Ended June 30, 2013

 

1,998

 

46.21

 

1,998

 

208

 

July 1, 2013 through July 31, 2013

 

166

 

46.08

 

166

 

200

 

August 1, 2013 through August 31, 2013

 

1,045

 

40.43

 

1,045

 

158

 

September 1, 2013 through September 30, 2013

 

1,431

 

40.35

 

1,431

 

100

 

Three Months Ended September 30, 2013

 

2,642

 

40.75

 

2,642

 

100

 

Total

 

10,501

 

$

38.09

 

10,501

 

$

100

Schedule of changes in redeemable noncontrolling interests in equity of consolidated subsidiaries

 

 

 

 

Nine Months Ended September 30,

 

 

 

2013

 

2012

 

Balances at beginning of period

 

$

16

 

$

16

 

Net income

 

7

 

0

 

Distributions paid to noncontrolling interests

 

(2

)

0

 

Sales of joint venture interests

 

52

 

0

 

Purchases of businesses or joint venture interests

 

10

 

0

 

Balances at end of period

 

$

83

 

$

16

 

Schedule Of Changes In Consolidated Equity

The following table shows the changes in consolidated equity during the nine months ended September 30, 2013 and 2012 (dollars in millions, share amounts in thousands):

 

 

 

Tenet Healthcare Corporation Shareholders’ Equity

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

Additional

 

Other

 

 

 

 

 

 

 

 

 

 

 

Shares
Outstanding

 

Issued Par
Amount

 

Paid-in
Capital

 

Comprehensive
Loss

 

Accumulated
Deficit

 

Treasury
Stock

 

Noncontrolling
Interests

 

Total
Equity

 

Balances at December 31, 2012

 

104,633

 

$

7

 

$

4,471

 

$

(68

)

$

(1,288

)

$

(1,979

)

$

75

 

$

1,218

 

Net income (loss)

 

0

 

0

 

0

 

0

 

(110

)

0

 

13

 

(97

)

Distributions paid to noncontrolling interests

 

0

 

0

 

0

 

0

 

0

 

0

 

(16

)

(16

)

Sales of joint venture interests

 

0

 

0

 

53

 

0

 

0

 

0

 

0

 

53

 

Purchases of businesses or joint venture interests

 

0

 

0

 

0

 

0

 

0

 

0

 

23

 

23

 

Repurchase of common stock

 

(7,095

)

0

 

0

 

0

 

0

 

(300

)

0

 

(300

)

Stock-based compensation expense and issuance of common stock

 

1,628

 

0

 

38

 

0

 

0

 

1

 

0

 

39

 

Balances at September 30, 2013

 

99,166

 

$

7

 

$

4,562

 

$

(68

)

$

(1,398

)

$

(2,278

)

$

95

 

$

920

 

 

 

 

 

 

 

Tenet Healthcare Corporation Shareholders’ Equity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

 

Preferred Stock

 

Common Stock

 

Additional

 

Other

 

 

 

 

 

 

 

 

 

 

 

Shares
Outstanding

 

Issued
Amount

 

Shares
Outstanding

 

Issued Par
Amount

 

Paid-in
Capital

 

Comprehensive
Loss

 

Accumulated
Deficit

 

Treasury
Stock

 

Noncontrolling
Interests

 

Total
Equity

 

Balances at December 31, 2011

 

345

 

$

334

 

103,756

 

$

7

 

$

4,427

 

$

(52

)

$

(1,440

)

$

(1,853

)

$

69

 

$

1,492

 

Net income (loss)

 

0

 

0

 

0

 

0

 

0

 

0

 

103

 

0

 

(24

)

79

 

Distributions paid to noncontrolling interests

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

(9

)

(9

)

Contribution from noncontrolling interests

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

2

 

2

 

Purchases of businesses or joint venture interests

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

7

 

7

 

Other comprehensive income

 

0

 

0

 

0

 

0

 

0

 

3

 

0

 

0

 

0

 

3

 

Preferred stock dividends

 

0

 

0

 

0

 

0

 

(11

)

0

 

0

 

0

 

0

 

(11

)

Repurchase of common stock

 

0

 

0

 

(1,327

)

0

 

0

 

0

 

0

 

(26

)

0

 

(26

)

Repurchase of preferred stock

 

(299

)

(289

)

0

 

0

 

0

 

0

 

0

 

0

 

0

 

(289

)

Stock-based compensation expense and issuance of common stock

 

0

 

0

 

1,990

 

0

 

21

 

0

 

0

 

0

 

0

 

21

 

Balances at September 30, 2012

 

46

 

$

45

 

104,419

 

$

7

 

$

4,437

 

$

(49

)

$

(1,337

)

$

(1,879

)

$

45

 

$

1,269