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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 6,091 $ 6,834 $ 7,721
Increase (decrease) in cash from operating assets and liabilities:      
Accounts receivable (935) (797) (962)
Inventories and other assets (126) (59) (540)
Accounts payable and accrued expenses 604 (296) 999
Depreciation and amortization 3,077 2,969 2,853
Income taxes 229 571 (70)
Losses (gains) on sales of facilities 5 (1,301) (1,620)
Losses on retirement of debt 0 78 12
Amortization of debt issuance costs and discounts 35 29 27
Share-based compensation 262 341 440
Other 189 153 99
Net cash provided by operating activities 9,431 8,522 8,959
Cash flows from investing activities:      
Purchase of property and equipment (4,744) (4,395) (3,577)
Acquisition of hospitals and health care entities (635) (224) (1,105)
Sales of hospitals and health care entities 193 1,237 2,160
Change in investments (112) 14 (117)
Other (19) (21) (4)
Net cash used in investing activities (5,317) (3,389) (2,643)
Cash flows from financing activities:      
Issuances of long-term debt 3,224 5,997 4,344
Net change in revolving credit facilities (1,020) 120 2,780
Repayment of long-term debt (909) (2,830) (3,869)
Distributions to noncontrolling interests (640) (1,025) (749)
Payment of debt issuance costs (31) (53) (38)
Payment of dividends (661) (653) (624)
Repurchase of common stock (3,811) (7,000) (8,215)
Other (246) (212) (284)
Net cash used in financing activities (4,094) (5,656) (6,655)
Effect of exchange rate changes on cash and cash equivalents 7 (20) (3)
Change in cash and cash equivalents 27 (543) (342)
Cash and cash equivalents at beginning of period 908 1,451 1,793
Cash and cash equivalents at end of period 935 908 1,451
Interest payments 1,892 1,662 1,502
Income tax payments, net $ 1,386 $ 1,175 $ 2,182