2020 Q2 Form 10-Q Financial Statement

#000007031820000036 Filed on August 03, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $3.648B $4.560B
YoY Change -20.0% 1.2%
Cost Of Revenue $611.0M $753.0M
YoY Change -18.86% 0.67%
Gross Profit $3.037B $3.807B
YoY Change -20.23% 1.3%
Gross Profit Margin 83.25% 83.49%
Selling, General & Admin $1.864B $2.145B
YoY Change -13.1% 0.47%
% of Gross Profit 61.38% 56.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $206.0M $214.0M
YoY Change -3.74% 10.31%
% of Gross Profit 6.78% 5.62%
Operating Expenses $3.053B $3.394B
YoY Change -10.05% 1.13%
Operating Profit $471.0M $400.0M
YoY Change 17.75% -1.48%
Interest Expense $255.0M $247.0M
YoY Change 3.24% -2.76%
% of Operating Profit 54.14% 61.75%
Other Income/Expense, Net $2.000M -$1.000M
YoY Change -300.0% 0.0%
Pretax Income $214.0M $152.0M
YoY Change 40.79% 1.33%
Income Tax $45.00M $33.00M
% Of Pretax Income 21.03% 21.71%
Net Earnings $169.0M $121.0M
YoY Change 39.67% 12.04%
Net Earnings / Revenue 4.63% 2.65%
Basic Earnings Per Share $0.84 $0.25
Diluted Earnings Per Share $0.83 $0.25
COMMON SHARES
Basic Shares Outstanding 104.8M shares 103.2M shares
Diluted Shares Outstanding 105.6M shares 104.6M shares

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.514B $249.0M
YoY Change 1311.24% -38.21%
Cash & Equivalents $3.514B $249.0M
Short-Term Investments
Other Short-Term Assets $1.265B $1.393B
YoY Change -9.19% 33.81%
Inventory $337.0M $309.0M
Prepaid Expenses
Receivables $2.435B $2.734B
Other Receivables $18.00M $19.00M
Total Short-Term Assets $7.947B $4.704B
YoY Change 68.94% -0.02%
LONG-TERM ASSETS
Property, Plant & Equipment $6.703B $6.995B
YoY Change -4.17% 1.92%
Goodwill $7.301B $7.298B
YoY Change 0.04% 1.11%
Intangibles $1.603B $1.645B
YoY Change -2.55% -8.25%
Long-Term Investments $2.464B $1.423B
YoY Change 73.16% 0.49%
Other Assets $232.0M $268.0M
YoY Change -13.43% -22.99%
Total Long-Term Assets $18.30B $18.50B
YoY Change -1.08% 4.9%
TOTAL ASSETS
Total Short-Term Assets $7.947B $4.704B
Total Long-Term Assets $18.30B $18.50B
Total Assets $26.25B $23.21B
YoY Change 13.11% 3.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.018B $1.088B
YoY Change -6.43% 3.92%
Accrued Expenses $956.0M $1.102B
YoY Change -13.25% 15.51%
Deferred Revenue $1.496B
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $160.0M $664.0M
YoY Change -75.9% 0.15%
Total Short-Term Liabilities $5.585B $4.150B
YoY Change 34.58% -4.69%
LONG-TERM LIABILITIES
Long-Term Debt $15.73B $14.31B
YoY Change 9.89% 0.76%
Other Long-Term Liabilities $1.526B $1.354B
YoY Change 12.7% 126.04%
Total Long-Term Liabilities $1.526B $1.354B
YoY Change 12.7% 126.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.585B $4.150B
Total Long-Term Liabilities $1.526B $1.354B
Total Liabilities $24.06B $21.03B
YoY Change 14.4% 3.39%
SHAREHOLDERS EQUITY
Retained Earnings -$2.346B -$2.237B
YoY Change 4.87% 0.68%
Common Stock $7.000M $7.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$257.0M -$108.0M
YoY Change
Total Liabilities & Shareholders Equity $26.25B $23.21B
YoY Change 13.11% 3.87%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $169.0M $121.0M
YoY Change 39.67% 12.04%
Depreciation, Depletion And Amortization $206.0M $214.0M
YoY Change -3.74% 10.31%
Cash From Operating Activities $2.239B $284.0M
YoY Change 688.38% -18.39%
INVESTING ACTIVITIES
Capital Expenditures $106.0M $144.0M
YoY Change -26.39% -215.2%
Acquisitions
YoY Change
Other Investing Activities $21.00M -$20.00M
YoY Change -205.0% -13.04%
Cash From Investing Activities -$85.00M -$164.0M
YoY Change -48.17% 10.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 747.0M -123.0M
YoY Change -707.32% -84.05%
NET CHANGE
Cash From Operating Activities 2.239B 284.0M
Cash From Investing Activities -85.00M -164.0M
Cash From Financing Activities 747.0M -123.0M
Net Change In Cash 2.901B -3.000M
YoY Change -96800.0% -99.47%
FREE CASH FLOW
Cash From Operating Activities $2.239B $284.0M
Capital Expenditures $106.0M $144.0M
Free Cash Flow $2.133B $140.0M
YoY Change 1423.57% -70.4%

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us-gaap Profit Loss
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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Earnings Per Share Basic
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Profit Loss
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us-gaap Profit Loss
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3000000 USD
thc Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Amortization Of Net Actuarial Gain Loss Arising During Period Before Tax
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thc Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Amortization Of Net Actuarial Gain Loss Arising During Period Before Tax
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CY2019Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Before Tax
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us-gaap Other Comprehensive Income Loss Before Tax
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us-gaap Other Comprehensive Income Loss Tax
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us-gaap Other Comprehensive Income Loss Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Share Based Compensation
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thc Restructuring Settlement Impairment Provisions And Acquisition Cost
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thc Restructuring Settlement Impairment Provisions And Acquisition Cost
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us-gaap Gain Loss Related To Litigation Settlement
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us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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us-gaap Amortization Of Financing Costs And Discounts
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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thc Increase Decrease In Inventories And Other Assets Current
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Proceeds From Divestiture Of Businesses
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thc Proceeds From Sale Of Marketable Securities Long Term Investments And Other Assets
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us-gaap Payments To Acquire Investments
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us-gaap Payments To Acquire Investments
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Operating Income Loss
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Profit Loss
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193000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
48000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-239000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
294000000 USD
CY2020Q2 thc Proceeds From Government Assistance
ProceedsFromGovernmentAssistance
712000000 USD
CY2020Q2 us-gaap Deferred Revenue
DeferredRevenue
163000000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3514000000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
262000000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
45000000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
136000000 USD
thc Finance Lease Liability Incurred
FinanceLeaseLiabilityIncurred
43000000 USD
thc Finance Lease Liability Incurred
FinanceLeaseLiabilityIncurred
58000000 USD
thc Operating Lease Liability Incurred
OperatingLeaseLiabilityIncurred
88000000 USD
thc Operating Lease Liability Incurred
OperatingLeaseLiabilityIncurred
139000000 USD
CY2020Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2766000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1163000000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1603000000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2694000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1092000000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1602000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
922000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
87000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
132000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
118000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
106000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
88000000 USD
CY2020Q2 thc Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
391000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
79000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
90000000 USD
thc Percentage Investee Results Reflected
PercentageInvesteeResultsReflected
1
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2435000000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2743000000 USD
CY2020Q2 us-gaap Health Care Organization Health Care Costs Gross
HealthCareOrganizationHealthCareCostsGross
188000000 USD
CY2019Q2 us-gaap Health Care Organization Health Care Costs Gross
HealthCareOrganizationHealthCareCostsGross
205000000 USD
thc Restructuring Settlement Impairment Provisions And Acquisition Cost
RestructuringSettlementImpairmentProvisionsAndAcquisitionCost
109000000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
5000000 USD
us-gaap Health Care Organization Health Care Costs Gross
HealthCareOrganizationHealthCareCostsGross
384000000 USD
us-gaap Health Care Organization Health Care Costs Gross
HealthCareOrganizationHealthCareCostsGross
397000000 USD
CY2020Q2 thc Contract With Customer Asset Percentage To Be Reclassified To Receivable Within90 Days
ContractWithCustomerAssetPercentageToBeReclassifiedToReceivableWithin90Days
0.85
CY2019Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1000000 USD
CY2020Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1000000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
2000000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
2000000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
25000000 USD
CY2020Q2 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
25000000 USD
CY2020Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
93000000 USD
us-gaap Restructuring Costs
RestructuringCosts
103000000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1000000 USD
us-gaap Severance Costs1
SeveranceCosts1
37000000 USD
us-gaap Business Exit Costs1
BusinessExitCosts1
1000000 USD
us-gaap Other Restructuring Costs
OtherRestructuringCosts
17000000 USD
thc Restructuring Settlement Impairment Provisions And Acquisition Cost
RestructuringSettlementImpairmentProvisionsAndAcquisitionCost
55000000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
5000000 USD
us-gaap Restructuring Costs
RestructuringCosts
47000000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
3000000 USD
us-gaap Severance Costs1
SeveranceCosts1
18000000 USD
us-gaap Business Exit Costs1
BusinessExitCosts1
2000000 USD
us-gaap Other Restructuring Costs
OtherRestructuringCosts
27000000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2020Q2 thc Finance Leases And Mortgage Notes
FinanceLeasesAndMortgageNotes
417000000 USD
CY2019Q4 thc Finance Leases And Mortgage Notes
FinanceLeasesAndMortgageNotes
445000000 USD
CY2020Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
15888000000 USD
CY2019Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
14751000000 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
160000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
171000000 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
15728000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
14580000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
27000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23000000 USD
CY2020Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
2000000 USD
thc Number Of Frozen Non Qualified Defined Benefit Pension Plans
NumberOfFrozenNonQualifiedDefinedBenefitPensionPlans
1 plan
thc Number Of Frozen Non Qualified Defined Benefit Pension Plans
NumberOfFrozenNonQualifiedDefinedBenefitPensionPlans
1 plan
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
437000000 USD
CY2020Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
125000000 USD
CY2020Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
40000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock
1000000 USD
CY2020Q1 thc Adjustments To Additional Paid In Capital Purchase Sale Of Joint Venture Interest
AdjustmentsToAdditionalPaidInCapitalPurchaseSaleOfJointVentureInterest
-15000000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
10000000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
503000000 USD
CY2020Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
123000000 USD
CY2020Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock
2000000 USD
CY2020Q2 thc Adjustments To Additional Paid In Capital Purchase Sale Of Joint Venture Interest
AdjustmentsToAdditionalPaidInCapitalPurchaseSaleOfJointVentureInterest
0 USD
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
16000000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
633000000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
624000000 USD
CY2019Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
25000000 USD
CY2019Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
37000000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2000000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock
5000000 USD
CY2019Q1 thc Adjustments To Additional Paid In Capital Purchase Sale Of Joint Venture Interest
AdjustmentsToAdditionalPaidInCapitalPurchaseSaleOfJointVentureInterest
0 USD
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
8000000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
618000000 USD
CY2019Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
73000000 USD
CY2019Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
35000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2000000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock
4000000 USD
CY2019Q2 thc Adjustments To Additional Paid In Capital Purchase Sale Of Joint Venture Interest
AdjustmentsToAdditionalPaidInCapitalPurchaseSaleOfJointVentureInterest
5000000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
11000000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
670000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
214000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
152000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
299000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
236000000 USD
CY2020Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
45000000 USD
CY2019Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
32000000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
63000000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
50000000 USD
CY2020Q2 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
10000000 USD
CY2019Q2 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
6000000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
35000000 USD
CY2020Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
4000000 USD
CY2019Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2000000 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
15000000 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9000000 USD
CY2020Q2 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
16000000 USD
CY2019Q2 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
19000000 USD
us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
30000000 USD
us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
36000000 USD
CY2020Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0 USD
CY2019Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0 USD
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-3000000 USD
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
1000000 USD
CY2020Q2 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
0 USD
CY2019Q2 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1000000 USD
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
0 USD
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
0 USD
CY2020Q2 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2000000 USD
CY2019Q2 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
11000000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-88000000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
7000000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-4000000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
45000000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
33000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-30000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
53000000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-88000000 USD
thc Income Tax Expense Benefit Due To Increase Decrease In Liabilities For Uncertain Tax Positions
IncomeTaxExpenseBenefitDueToIncreaseDecreaseInLiabilitiesForUncertainTaxPositions
0 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
31000000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
29000000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2020Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
0 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
88000000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
104794000 shares
CY2020Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.84
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
784000 shares
CY2020Q2 thc Effect Of Dilutive Stock Options Restricted Stock Units And Mandatory Convertible Preferred Stock Per Share Amount
EffectOfDilutiveStockOptionsRestrictedStockUnitsAndMandatoryConvertiblePreferredStockPerShareAmount
-0.01
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
88000000 USD
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105578000 shares
CY2020Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.83
CY2019Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
24000000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103198000 shares
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.23
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1431000 shares
CY2019Q2 thc Effect Of Dilutive Stock Options Restricted Stock Units And Mandatory Convertible Preferred Stock Per Share Amount
EffectOfDilutiveStockOptionsRestrictedStockUnitsAndMandatoryConvertiblePreferredStockPerShareAmount
0
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
24000000 USD
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
104629000 shares
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.23
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
182000000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
104574000 shares
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.74
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1082000 shares
thc Effect Of Dilutive Stock Options Restricted Stock Units And Mandatory Convertible Preferred Stock Per Share Amount
EffectOfDilutiveStockOptionsRestrictedStockUnitsAndMandatoryConvertiblePreferredStockPerShareAmount
-0.02
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
182000000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105656000 shares
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.72
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
4000000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102993000 shares
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.04
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1592000 shares
thc Effect Of Dilutive Stock Options Restricted Stock Units And Mandatory Convertible Preferred Stock Per Share Amount
EffectOfDilutiveStockOptionsRestrictedStockUnitsAndMandatoryConvertiblePreferredStockPerShareAmount
0
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
4000000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
104585000 shares
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.04
thc Number Of Hospitals Operated By Subsidiaries
NumberOfHospitalsOperatedBySubsidiaries
65 hospital
CY2020Q2 us-gaap Assets
Assets
26250000000 USD
CY2019Q4 us-gaap Assets
Assets
23365000000 USD
CY2020Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
106000000 USD
CY2019Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
144000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
288000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
336000000 USD
CY2020Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-2000000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3648000000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4560000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8168000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9105000000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
31000000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
42000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
59000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
76000000 USD
CY2020Q2 thc Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
732000000 USD
CY2019Q2 thc Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
669000000 USD
thc Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
1317000000 USD
thc Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
1292000000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
206000000 USD
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
214000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
409000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
422000000 USD
CY2020Q2 thc Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
732000000 USD
CY2019Q2 thc Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
669000000 USD
thc Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
1317000000 USD
thc Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
1292000000 USD
CY2020Q2 thc Income Loss From Divested And Closed Businesses
IncomeLossFromDivestedAndClosedBusinesses
0 USD
CY2019Q2 thc Income Loss From Divested And Closed Businesses
IncomeLossFromDivestedAndClosedBusinesses
0 USD
thc Income Loss From Divested And Closed Businesses
IncomeLossFromDivestedAndClosedBusinesses
0 USD
thc Income Loss From Divested And Closed Businesses
IncomeLossFromDivestedAndClosedBusinesses
-1000000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
206000000 USD
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
214000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
409000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
422000000 USD
CY2020Q2 thc Restructuring Settlement Impairment Provisions And Acquisition Cost
RestructuringSettlementImpairmentProvisionsAndAcquisitionCost
54000000 USD
CY2019Q2 thc Restructuring Settlement Impairment Provisions And Acquisition Cost
RestructuringSettlementImpairmentProvisionsAndAcquisitionCost
36000000 USD
thc Restructuring Settlement Impairment Provisions And Acquisition Cost
RestructuringSettlementImpairmentProvisionsAndAcquisitionCost
109000000 USD
thc Restructuring Settlement Impairment Provisions And Acquisition Cost
RestructuringSettlementImpairmentProvisionsAndAcquisitionCost
55000000 USD
CY2019Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-18000000 USD
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-4000000 USD
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-31000000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
255000000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
247000000 USD
us-gaap Interest Expense
InterestExpense
498000000 USD
us-gaap Interest Expense
InterestExpense
498000000 USD
CY2020Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4000000 USD
CY2019Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-47000000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2000000 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2020Q2 thc Net Gainon Sale Consolidation And Deconsolidation Of Facilities
NetGainonSaleConsolidationAndDeconsolidationOfFacilities
1000000 USD
CY2019Q2 thc Net Gainon Sale Consolidation And Deconsolidation Of Facilities
NetGainonSaleConsolidationAndDeconsolidationOfFacilities
-1000000 USD
thc Net Gainon Sale Consolidation And Deconsolidation Of Facilities
NetGainonSaleConsolidationAndDeconsolidationOfFacilities
3000000 USD
thc Net Gainon Sale Consolidation And Deconsolidation Of Facilities
NetGainonSaleConsolidationAndDeconsolidationOfFacilities
-2000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
214000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
152000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
299000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
236000000 USD

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