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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 4,145 $ 4,389 $ 2,743
Increase (decrease) in cash from operating assets and liabilities:      
Accounts receivable (326) (423) (601)
Inventories and other assets (158) (242) (69)
Accounts payable and accrued expenses 396 698 374
Depreciation and amortization 2,596 2,278 2,131
Income taxes 250 74 433
Gains on sales of facilities (18) (428) (8)
Losses on retirement of debt 211 9 39
Amortization of debt issuance costs 30 31 31
Share-based compensation 347 268 270
Other 129 107 83
Net cash provided by operating activities 7,602 6,761 5,426
Cash flows from investing activities:      
Purchase of property and equipment (4,158) (3,573) (3,015)
Acquisition of hospitals and health care entities (1,682) (1,253) (1,212)
Sales of hospitals and health care entities 61 808 25
Change in investments 25 57 (73)
Other 34 60 (4)
Net cash used in investing activities (5,720) (3,901) (4,279)
Cash flows from financing activities:      
Issuances of long-term debt 6,451 2,000 1,502
Net change in revolving bank credit facilities (560) (640) 760
Repayment of long-term debt (5,324) (1,704) (753)
Distributions to noncontrolling interests (542) (441) (448)
Payment of debt issuance costs (73) (25) (26)
Payment of dividends (550) (487) 0
Repurchases of common stock (1,031) (1,530) (2,051)
Other (142) (248) (45)
Net cash used in financing activities (1,771) (3,075) (1,061)
Effect of exchange rate changes on cash and cash equivalents 8 (15) 0
Change in cash and cash equivalents 119 (230) 86
Cash and cash equivalents at beginning of period 502 732 646
Cash and cash equivalents at end of period 621 502 732
Interest payments 1,914 1,744 1,700
Income tax payments, net $ 849 $ 872 $ 1,205