Company: THC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000070318-25-000009
Chunk: 148

Company: TENET HEALTHCARE CORP
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 148
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 defined benefit plan obligations of $298 million based on an estimate of the expected payment patterns. We expect to make total contributions to the plans of approximately $24 million for the year ending December 31, 2025.

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NOTE 11. PROPERTY AND EQUIPMENT

The principal components of property and equipment are shown in the table below: December 31, 20242023Land$539 $625 Buildings and improvements6,130 6,692 Construction in progress238 269 Equipment4,399 4,750 Finance lease assets552 378  11,858 12,714 Accumulated depreciation and amortization(5,809)(6,478)Net property and equipment$6,049 $6,236 Property and equipment is stated at cost, less accumulated depreciation and amortization and impairment write‑downs related to assets held and used. We recognized depreciation expense of $646 million, $696 million and $669 million in the accompanying Consolidated Statements of Operations for the years ended December 31, 2024, 2023 and 2022, respectively.

NOTE 12. GOODWILL AND OTHER INTANGIBLE ASSETS

The following table presents information on changes in the carrying amount of goodwill for each of our segments: December 31, 20242023Hospital Operations  Goodwill at beginning of period, net of accumulated impairment losses$3,119 $3,411 Goodwill acquired during the year, including purchase price allocation adjustments42 133 Goodwill related to assets held for sale and disposed(464)(425)Goodwill at end of period, net of accumulated impairment losses$2,697 $3,119 Ambulatory CareGoodwill at beginning of period$7,188 $6,712 Goodwill acquired during the year, including purchase price allocation adjustments927 493 Goodwill related to assets held for sale and disposed or deconsolidated facilities(121)(17)Goodwill at end of period$7,994 $7,188 There were $2.430 billion of accumulated impairment losses related to the goodwill of our Hospital Operations segment at both December 31, 2024 and 2023. There were no accumulated goodwill impairment losses related to our Ambulatory Care segment in either period. 

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The following table presents information regarding other intangible assets, which were included in the accompanying Consolidated Balance