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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 6,834 $ 7,721 $ 4,387
Increase (decrease) in cash from operating assets and liabilities:      
Accounts receivable (797) (962) 327
Inventories and other assets (59) (540) (304)
Accounts payable and accrued expenses (296) 999 1,255
Depreciation and amortization 2,969 2,853 2,721
Income taxes 571 (70) 41
Losses (gains) on sales of facilities (1,301) (1,620) 7
Losses on retirement of debt 78 12 295
Amortization of debt issuance costs 29 27 30
Share-based compensation 341 440 362
Other 153 99 111
Net cash provided by operating activities 8,522 8,959 9,232
Cash flows from investing activities:      
Purchase of property and equipment (4,395) (3,577) (2,835)
Acquisition of hospitals and health care entities (224) (1,105) (568)
Sales of hospitals and health care entities 1,237 2,160 68
Change in investments 14 (117) (20)
Other (21) (4) (38)
Net cash used in investing activities (3,389) (2,643) (3,393)
Cash flows from financing activities:      
Issuances of long-term debt 5,997 4,344 2,700
Net change in revolving credit facilities 120 2,780 (2,480)
Repayment of long-term debt (2,830) (3,869) (3,437)
Distributions to noncontrolling interests (1,025) (749) (626)
Payment of debt issuance costs (53) (38) (35)
Payment of dividends (653) (624) (153)
Repurchase of common stock (7,000) (8,215) (441)
Other (212) (284) (205)
Net cash used in financing activities (5,656) (6,655) (4,677)
Effect of exchange rate changes on cash and cash equivalents (20) (3) 10
Change in cash and cash equivalents (543) (342) 1,172
Cash and cash equivalents at beginning of period 1,451 1,793 621
Cash and cash equivalents at end of period 908 1,451 1,793
Interest payments 1,662 1,502 1,607
Income tax payments, net $ 1,175 $ 2,182 $ 1,002