Company: THC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000070318-25-000009
Chunk: 129

Company: TENET HEALTHCARE CORP
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 129
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 the components of our right‑of‑use assets and liabilities related to leases and their classification in our Consolidated Balance Sheets:December 31,Component of Lease BalancesClassification in Consolidated Balance Sheets20242023Assets:  Operating lease assetsInvestments and other assets$1,037 $1,083 Finance lease assetsProperty and equipment, at cost, less accumulated depreciation and amortization454 253 Total leased assets$1,491 $1,336 Liabilities:Operating lease liabilities:CurrentOther current liabilities$204 $204 Long-termOther long-term liabilities950 1,007 Total operating lease liabilities1,154 1,211 Finance lease liabilities:CurrentCurrent portion of long-term debt54 84 Long-termLong-term debt, net of current portion390 120 Total finance lease liabilities444 204 Total lease liabilities$1,598 $1,415 The following table presents the components of our lease expense and their classification in our consolidated statements of operations:Component of Lease ExpenseClassification in Consolidated Statements of OperationsYears Ended December 31,202420232022Operating lease expenseOther operating expenses, net$257 $259 $262 Finance lease expense:Amortization of leased assetsDepreciation and amortization49 55 58 Interest on lease liabilitiesInterest expense7 8 8 Total finance lease expense56 63 66 Variable and short term-lease expenseOther operating expenses, net160 159 150 Total lease expense$473 $481 $478 The weighted‑average lease terms and discount rates for operating and finance leases are presented in the following table:Years Ended December 31,202420232022Weighted-average remaining lease term (years):Operating leases6.87.68.0Finance leases24.66.05.5Weighted-average discount rate:Operating leases5.2 %5.0 %4.8 %Finance leases6.5 %6.5 %5.9 %

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Cash flow and other information related to leases is included in the following table:Years Ended December 31,202420232022Cash paid for amounts included in the measurement of lease liabilities:Operating cash outflows from operating leases$252 $258 $250 Operating cash outflows from finance leases$10 $13 $14 Financing cash outflows from finance leases$87 $107 $118 Right