Company: THC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000070318-25-000039
Chunk: 128

Company: TENET HEALTHCARE CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 128
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 completed valuations and post-closing working capital adjustments. These adjustments resulted in a net increase in cash paid for the acquired entities of $9 million and a decrease in goodwill of $11 million.

NOTE 17. SEGMENT INFORMATION

The following tables present amounts for each of our reportable segments and the reconciling items necessary to agree to amounts reported in the accompanying Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Operations, as applicable.June 30, 2025December 31, 2024Assets:  Hospital Operations$16,072 $16,722 Ambulatory Care12,627 12,214 Total $28,699 $28,936 

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Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024Capital expenditures:    Hospital Operations$166 $126 $314 $348 Ambulatory Care27 19 52 37 Total $193 $145 $366 $385 Depreciation and amortization:    Hospital Operations$173 $175 $340 $352 Ambulatory Care35 33 74 64 Total $208 $208 $414 $416 Three Months Ended June 30, 2025Six Months Ended June 30, 2025 Hospital OperationsAmbulatory CareTotalHospital OperationsAmbulatory CareTotalNet operating revenues$4,001 $1,270 $5,271 $8,030 $2,464 $10,494 Equity in earnings of unconsolidated affiliates2 59 61 4 113 117 Less:Salaries, wages and benefits1,846 314 2,160 3,670 609 4,279 Supplies600 332 932 1,189 650 1,839 Other operating expenses, net934 185 1,119 1,845 364 2,209 Adjusted EBITDA$623 $498 1,121 $1,330 $954 2,284 Reconciliation of Adjusted EBITDA:Depreciation and amortization(208)(414)Impairment and restructuring charges, and acquisition-related costs(24)(43)Litigation and investigation costs(28)(45)Interest expense(206)(410)Other non-operating income, net25 51 Net losses on sales