XML 18 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net operating revenues:      
Net operating revenues before provision for doubtful accounts $ 21,070 $ 20,111 $ 17,908
Less: Provision for doubtful accounts 1,449 1,477 1,305
Net operating revenues 19,621 18,634 16,603
Equity in earnings of unconsolidated affiliates 131 99 12
Operating expenses:      
Salaries, wages and benefits 9,356 9,011 8,023
Supplies 3,124 2,963 2,630
Other operating expenses, net 4,891 4,555 4,114
Electronic health record incentives (32) (72) (104)
Depreciation and amortization 850 797 849
Impairment and restructuring charges, and acquisition-related costs 202 318 153
Litigation and investigation (costs) benefit 293 291 25
Gains on sales, consolidation and deconsolidation of facilities (151) (186)  
Operating income 1,219 1,056 925
Interest expense (979) (912) (754)
Loss from early extinguishment of debt   (1) (24)
Investment earnings 8 1  
Net income from continuing operations, before income taxes 248 144 147
Income tax expense (67) (68) (49)
Net income from continuing operations, before discontinued operations 181 76 98
Discontinued operations:      
Net loss from operations (6) (5) (17)
Litigation and investigation (costs) benefit   8 (18)
Income tax benefit (expense) 1 (1) 13
Net income (loss) from discontinued operations (5) 2 (22)
Net income 176 78 76
Less: Net income attributable to noncontrolling interests 368 218 64
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders (192) (140) 12
Amounts available (attributable) to Tenet Healthcare Corporation common shareholders      
Net income (loss) from continuing operations, net of tax (187) (142) 34
Net income (loss) from discontinued operations, net of tax (5) 2 (22)
Net income available (loss attributable) to Tenet Healthcare Corporation common shareholders $ (192) $ (140) $ 12
Basic      
Continuing operations (in dollars per share) $ (1.88) $ (1.43) $ 0.35
Discontinued operations (in dollars per share) (0.05) 0.02 (0.23)
Total loss per share, Basic (in dollars per share) (1.93) (1.41) 0.12
Diluted      
Continuing operations (in dollars per share) (1.88) (1.43) 0.34
Discontinued operations (in dollars per share) (0.05) 0.02 (0.22)
Total loss per share, Diluted (in dollars per share) $ (1.93) $ (1.41) $ 0.12
Weighted average shares and dilutive securities outstanding (in thousands):      
Basic (in shares) 99,321 99,167 97,801
Diluted (in shares) 99,321 99,167 100,287