Company: EHC
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000785161-25-000021
Chunk: 42

Company: Encompass Health Corp
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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sidiariesNotes to Condensed Consolidated Financial Statements

The following table reconciles the net income attributable to nonredeemable Noncontrolling interests, as recorded in the shareholders’ equity section of the condensed consolidated balance sheets, and the net income attributable to Redeemable noncontrolling interests, as recorded in the mezzanine section of the condensed consolidated balance sheets, to the Net and comprehensive income attributable to noncontrolling interests presented in the condensed consolidated statements of comprehensive income (in millions):Three Months Ended March 31,20252024Net income attributable to nonredeemable noncontrolling interests$42.6 $24.8 Net income attributable to redeemable noncontrolling interests2.4 1.5 Net income attributable to noncontrolling interests$45.0 $26.3 See also Note 5, Fair Value Measurements.

5.Fair Value Measurements

Our financial assets and liabilities that are measured at fair value on a recurring basis are as follows (in millions):   Fair Value Measurements at Reporting Date UsingAs of March 31, 2025Fair ValueQuoted Prices in Active Markets for Identical Assets(Level 1)Significant Other Observable Inputs(Level 2)Significant Unobservable Inputs(Level 3)Valuation Technique (1)Equity securities (2)$122.9 $4.3 $118.6 $— MRedeemable noncontrolling interests56.1 — — 56.1 IAs of December 31, 2024Equity securities (2)$130.9 $4.2 $126.7 $— MRedeemable noncontrolling interests56.5 — — 56.5 I(1)  The two valuation techniques are: market approach (M) and income approach (I).(2)  As of March 31, 2025, $44.6 million are included in Other current assets and $78.3 million are included in Other long-term assets in the condensed consolidated balance sheet. As of December 31, 2024, $39.0 million are included in Other current assets and $91.9 million are included in Other long-term assets in the condensed consolidated balance sheet.There are assets and liabilities that are not required to be measured at fair value on a recurring basis. However, these assets may be recorded at fair value as a result of impairment charges or other adjustments made to the