Company: UHS
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027785
Chunk: 200

Company: UNIVERSAL HEALTH SERVICES INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 200
---
18,853
    )

    616,797

    Balance, December 31, 2022
     
    $
    4,695

    $
    66

    $
    637

    $
    7

    $
    —

    $
    (604,127
    )
     
    $
    6,533,667

    $
    (9,668
    )
     
    $
    5,920,582

    $
    44,768

    $
    5,965,350

The accompanying notes are an integral part of these consolidated financial statements.

95

UNIVERSAL HEALTH SERVICES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

    Year Ended December 31,

    2024

    2023

    2022

    (Amounts in thousands)

    Cash Flows from Operating Activities:

    Net income
     
    $
    1,163,109

    $
    719,307

    $
    656,982

    Adjustments to reconcile net income to net cash provided by operating   activities:

    Depreciation & amortization

    584,831

    568,041

    581,861

    (Gain) loss on sales of assets and businesses

    (9,920
    )

    (6,250
    )

    584

    Stock-based compensation expense

    99,349

    87,720

    85,378

    Costs related to extinguishment of debt

    3,158

    0

    0

    Provision for asset impairment

    0

    0

    57,550

    Changes in assets & liabilities, net of effects from acquisitions and   dispositions:

    Accounts receivable

    67,355

    (182,444
    )

    (258,338
    )

    Accrued interest

    12,814

    1,193

    1,835

    Accrued and deferred income taxes

    12,651

    (43,450
    )

    (29,510
    )

    Other working capital accounts

    61,897

    (32,321
    )

    (146,692
    )

    Deferred grant revenue

    0

    2,978