Company: EHC
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000785161-25-000009
Chunk: 183

Company: Encompass Health Corp
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 183
---
0.7 December 31, 2024100.8 $1.2 $1,847.0 $796.7 $(577.9)$725.7 $2,792.7 

The accompanying notes to consolidated financial statements are an integral part of these statements.F-7

Encompass Health Corporation and SubsidiariesConsolidated Statements of Cash Flows

 For the Year Ended December 31, 202420232022 (In Millions)Cash flows from operating activities:   Net income$596.6 $463.0 $365.9 Loss (income) from discontinued operations, net of tax2.8 12.0 (15.2)Adjustments to reconcile net income to net cash provided by operating activities —   Depreciation and amortization299.6 273.9 243.6 Amortization of debt-related items9.7 9.5 9.7 Loss on early extinguishment of debt0.6 — 1.4 Equity in net income of nonconsolidated affiliates(3.0)(3.2)(2.9)Distributions from nonconsolidated affiliates4.0 1.6 4.0 Stock-based compensation48.3 50.6 29.2 Deferred tax expense10.7 3.9 27.9 Other, net14.7 5.2 20.3 Changes in assets and liabilities, net of acquisitions —   Accounts receivable3.0 (22.4)(16.9)Prepaid expenses and other assets(57.3)6.1 8.0 Accounts payable3.0 11.8 2.3 Accrued payroll20.4 39.2 (31.2)Other liabilities52.8 15.6 7.4 Net cash (used in) provided by operating activities of discontinued operations(3.1)(16.0)52.3 Total adjustments403.4 375.8 355.1 Net cash provided by operating activities1,002.8 850.8 705.8 Cash flows from investing activities:   Purchases of property, equipment, and intangible assets(642.5)(583.1)(584.1)Proceeds from sale of restricted investments18.9 7.4 —