Company: EHC
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000785161-25-000009
Chunk: 50

Company: Encompass Health Corp
Filing Date: 2025-02-28
Form: 10-K
Item: Item 16
Chunk 50
---
2 Total leased assets$425.2 $455.7 LiabilitiesCurrent liabilities:Operating leaseCurrent operating lease liabilities$26.3 $24.1 Finance leaseCurrent portion of long-term debt23.7 21.6 Noncurrent liabilities:Operating leaseLong-term operating lease liabilities189.7 196.1 Finance leaseLong-term debt, net of current portion294.7 318.5 Total leased liabilities$534.4 $560.3 (1)    Finance lease assets are recorded net of accumulated amortization of $197.3 million and $171.6 million as of December 31, 2024 and 2023, respectively.As of December 31,20242023Weighted Average Remaining Lease TermOperating lease9.7 years9.5 yearsFinance lease9.8 years10.7 yearsWeighted Average Discount RateOperating lease6.4 %6.3 %Finance lease7.7 %7.7 %Maturities of lease liabilities as of December 31, 2024 are as follows (in millions): Year Ending December 31,Operating LeasesFinanceLeases2025$38.9 $46.7 202639.6 47.9 202737.7 47.4 202836.7 46.4 202922.4 47.3 2030 and thereafter121.5 222.9 Total lease payments296.8 458.6 Less: Interest portion(80.8)(140.2)Total lease liabilities$216.0 $318.4 

F-27

Encompass Health Corporation and SubsidiariesNotes to Consolidated Financial Statements

Supplemental cash flow information related to our leases is as follows (in millions):For the Year Ended December 31,202420232022Cash paid for amounts included in the measurement of lease liabilities:Operating cash flows from operating leases$40.7 $39.0 $40.5 Operating cash flows from finance leases25.5 27.1 29.7 Financing cash flows from finance leases21.8 41.1 19.2 Right-of-use assets obtained in exchange for lease obligations:Operating leases$26.7 $26.2 $48.7 Finance leases— 21.4 1.0 

8.Goodwill and Other Intangible Assets:

The following table