Community Health Systems, Inc. (CYH) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
4000 MERIDIAN BOULEVARD FRANKLIN, TN 37067 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8062 - General Medical and Surgical Hospitals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 91 | 118 | 144 | 118 | 300 | 346 | |||
| Cash and cash equivalents | 91 | 118 | 144 | 118 | 300 | 346 | |||
| Receivables | 2,160 | 2,043 | 2,043 | 2,040 | 1,969 | 2,001 | |||
| Prepaid expense | 423 | 433 | 424 | 452 | 453 | 455 | |||
| Disposal group, including discontinued operation | 23 | 11 | 9 | 6 | 3 | ||||
| Other current assets | 325 | 339 | 227 | 235 | 301 | 264 | |||
| Other undisclosed current assets | 226 | 248 | 267 | 231 | 243 | 263 | |||
| Total current assets: | 3,248 | 3,192 | 3,114 | 3,082 | 3,269 | 3,329 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 5,160 | 5,250 | 5,255 | 5,365 | 5,450 | 5,539 | |||
| Intangible assets, net (including goodwill) | 3,943 | 4,054 | 4,051 | 4,166 | 4,201 | 4,224 | |||
| Goodwill | 3,943 | 4,054 | 4,051 | 4,166 | 4,201 | 4,224 | |||
| Deferred income tax assets | 49 | 49 | 49 | 49 | 53 | 53 | |||
| Other noncurrent assets | 2,274 | 2,103 | 2,154 | 2,007 | 1,941 | 1,913 | |||
| Total noncurrent assets: | 11,426 | 11,456 | 11,509 | 11,587 | 11,645 | 11,729 | |||
| TOTAL ASSETS: | 14,674 | 14,648 | 14,623 | 14,669 | 14,914 | 15,058 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,006 | 1,912 | 1,955 | 2,017 | 3,030 | 2,955 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | ✕ | 218 | 221 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 601 | 624 | ||
| Accounts payable | 837 | 736 | 712 | 773 | 820 | 832 | |||
| Accrued liabilities | 1,169 | 1,176 | 1,243 | 1,244 | 1,391 | 1,278 | |||
| Debt | 22 | 30 | 39 | 21 | 21 | 32 | |||
| Disposal group, including discontinued operation | 33 | 21 | 18 | 4 | |||||
| Other undisclosed current liabilities | 88 | 113 | 120 | 144 | (668) | (692) | |||
| Total current liabilities: | 2,149 | 2,076 | 2,132 | 2,186 | 2,383 | 2,295 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 11,820 | 11,728 | 11,696 | 11,614 | 12,506 | 12,752 | |||
| Long-term debt, excluding current maturities | 11,820 | 11,728 | 11,696 | 11,614 | 11,943 | 12,183 | |||
| Liabilities, other than long-term debt | 1,598 | 1,664 | 1,586 | 1,603 | 1,203 | 1,169 | |||
| Deferred income tax liabilities | 344 | 362 | 351 | 354 | 477 | 410 | |||
| Other liabilities | 694 | 722 | 647 | 644 | 726 | 759 | |||
| Operating lease, liability | 560 | 580 | 588 | 605 | 563 | 569 | |||
| Total noncurrent liabilities: | 13,418 | 13,392 | 13,282 | 13,217 | 13,709 | 13,921 | |||
| Total liabilities: | 15,567 | 15,468 | 15,414 | 15,403 | 16,092 | 16,216 | |||
| Equity | |||||||||
| Equity, attributable to parent | (1,463) | (1,489) | (1,445) | (1,367) | (1,786) | (1,740) | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Additional paid in capital | 2,170 | 2,049 | 2,054 | 2,084 | 2,091 | 2,090 | |||
| Accumulated other comprehensive loss | (23) | (19) | (18) | (21) | (33) | (27) | |||
| Accumulated deficit | (3,611) | (3,520) | (3,482) | (3,431) | (3,845) | (3,804) | |||
| Equity, attributable to noncontrolling interest | 241 | 86 | 93 | 92 | 92 | 84 | |||
| Total equity: | (1,222) | (1,403) | (1,352) | (1,275) | (1,694) | (1,656) | |||
| Other undisclosed liabilities and equity | 329 | 583 | 561 | 541 | 516 | 498 | |||
| TOTAL LIABILITIES AND EQUITY: | 14,674 | 14,648 | 14,623 | 14,669 | 14,914 | 15,058 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,086 | 3,115 | 3,108 | 3,142 | 3,025 | 2,934 | ||
| Cost of revenue | (1,827) | (1,842) | (1,872) | (1,854) | (1,729) | (1,774) | ||
| Cost of goods and services sold | (489) | (504) | (507) | (498) | (492) | (487) | ||
| Gross profit: | 1,259 | 1,273 | 1,236 | 1,288 | 1,296 | 1,160 | ||
| Operating expenses | (1,086) | (1,027) | (1,026) | (1,059) | (1,092) | (1,041) | ||
| Operating income: | 173 | 246 | 210 | 229 | 204 | 119 | ||
| Interest and debt expense | (3) | (3) | (3) | 180 | 78 | (4) | ||
| Income from continuing operations before equity method investments, income taxes: | 170 | 243 | 207 | 409 | 282 | 115 | ||
| Income from equity method investments | 2 | 1 | 3 | 3 | 5 | 1 | ||
| Other undisclosed loss from continuing operations before income taxes | (205) | (204) | (204) | (87) | (217) | (214) | ||
| Income (loss) from continuing operations before income taxes: | (33) | 40 | 6 | 325 | 70 | (98) | ||
| Income tax expense (benefit) | (19) | (38) | (26) | 121 | (70) | (200) | ||
| Income (loss) from continuing operations: | (52) | 2 | (20) | 446 | (298) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (298) | |
| Net income (loss): | (52) | 2 | (20) | 446 | (298) | |||
| Net loss attributable to noncontrolling interest | (39) | (40) | (31) | (31) | (42) | (28) | ||
| Net income (loss) available to common stockholders, diluted: | (91) | (38) | (51) | 415 | (42) | (326) | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (52) | 2 | (20) | 446 | (298) | |||
| Other comprehensive income (loss) | (3) | (1) | 3 | 12 | (6) | (6) | ||
| Comprehensive income (loss): | (55) | 1 | (17) | 458 | (6) | (304) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (39) | (40) | (31) | (31) | (42) | (28) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (94) | (39) | (48) | 427 | (48) | (332) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.