Company: UHS
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027785
Chunk: 350

Company: UNIVERSAL HEALTH SERVICES INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 350
---
,642

    Noncurrent liabilities
    $
    5,451,167

    $
    5,728,371

    Due to non-guarantors
    $
    912,958

    $
    913,481

    (1) Includes goodwill of $3,262 million and $3,267 million as of December 31, 2024 and 2023, respectively.

The summarized results of operations information for the consolidated obligor group of debt issued by Universal Health Services, Inc. is presented in the table below:

    Twelve Months Ended

    Twelve Months Ended

    (in thousands)
    December 31, 2024

    December 31, 2023

    Net revenues
    $
    12,642,381

    $
    11,454,260

    Operating charges
     
    11,200,769

    10,416,176

    Interest expense, net
     
    248,568

    277,521

    Other (income) expense, net
     
    (3,186
    )

    24,996

    Net income
    $
    920,944

    $
    556,423

Affiliates Whose Securities Collateralize the Senior Secured Notes

All the Notes and the Guarantees are secured by, among other things, pledges of the capital stock of our subsidiaries held by us or by our secured Guarantors, in each case other than certain excluded assets and subject to permitted liens.  Such collateral securities are secured equally and ratably with our and the Guarantors’ obligations under our Credit Agreement.  For a list of our subsidiaries the capital stock of which has been pledged to secure All the Notes, see Exhibit 22.1 to this Report.

Upon the occurrence and during the continuance of an event of default under the indentures governing All the Notes, subject to the terms of the Security Agreement relating to All the Notes provide for (among other available remedies) the foreclosure upon and sale of the Collateral (including the pledged stock) and the distribution of the net proceeds of any such sale to the holders of All the Notes, the lenders under the Credit Agreement and the holders of any other permitted first priority secured obligations on a pro rata basis, subject to any prior liens on the collateral.

No appraisal of the value of the collateral securities has been made, and the value of the collateral securities