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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 192.1$ 149.9
Income from discontinued operations, net of tax(53.8)(7.8)
Adjustments to reconcile net income to net cash provided by operating activities-  
Provision for doubtful accounts14.914.8
Provision for government, class action, and related settlements(10.6)0.8
Depreciation and amortization58.653.7
Loss on interest rate swaps 13.0
Loss on early extinguishment of debt38.80.4
Amortization of debt discounts3.35.1
Equity in net income of nonconsolidated affiliates(8.8)(7.5)
Distributions from nonconsolidated affiliates9.74.7
Stock-based compensation14.411.2
Deferred tax expense23.42.4
Other3.8(0.5)
(Increase) decrease in assets-  
Accounts receivable(27.4)(11.6)
Other assets(12.8)(8.3)
Income tax refund receivable(0.3)3.0
Increase (decrease) in liabilities-  
Accounts payable0.8(0.4)
Accrued interest(16.6)14.1
Other liabilities4.020.0
Premium received on bond issuance4.1 
Premium paid on redemption of bonds(26.9) 
Refunds due patients and other third-party payors(15.8)(2.7)
Government, class action, and related settlements6.5(0.8)
Net cash provided by operating activities of discontinued operations9.410.4
Total adjustments72.5121.8
Net cash provided by operating activities210.8263.9
Cash flows from investing activities:  
Capital expenditures(61.9)(48.8)
Acquisition of businesses, net of cash acquired (34.1)
Purchase of restricted investments(8.0)(25.5)
Proceeds from sale of restricted investments0.710.4
Net change in restricted cash6.334.1
Net settlements on interest rate swaps(10.9)(33.7)
Other(0.7)(0.3)
Net cash provided by (used in) investing activities of discontinued operations-  
Proceeds from sale of LTCHs107.9 
Other investing activities of discontinued operations(0.7)7.1
Net cash provided by (used in) investing activities32.7(90.8)
Cash flows from financing activities:  
Principal borrowings on term loan100.0 
Proceeds from bond issuance120.0 
Principal payments on debt, including pre-payments(503.0)(8.2)
Borrowings on revolving credit facility338.0 
Payments on revolving credit facility(238.0) 
Principal payments under capital lease obligations(10.1)(10.6)
Debt issue costs(4.3) 
Dividends paid on convertible perpetual preferred stock(19.5)(19.5)
Distributions paid to noncontrolling interests of consolidated affiliates(31.6)(26.3)
Other4.31.1
Net cash used in financing activities of discontinued operations (0.1)
Net cash used in financing activities(244.2)(63.6)
(Decrease) increase in cash and cash equivalents(0.7)109.5
Cash and cash equivalents at beginning of period48.380.7
Cash and cash equivalents of facilities in discontinued operations at beginning of period0.10.2
Less: Cash and cash equivalents of facilities in discontinued operations at end of period00
Cash and cash equivalents at end of period$ 47.7$ 190.4