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Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Outstanding Long-term Debt
Our notes payable consist of the following (in millions):
 
As of December 31,
 
 
 
2016
 
2015
 
Interest Rates
Sale/leaseback transactions involving real estate accounted for as financings
$
48.2

 
$
28.0

 
7.5% to 11.2%
Acquisition of an inpatient rehabilitation unit

 
1.3

 
7.8%
Construction of a new hospital
7.4

 
9.6

 
LIBOR + 2.5%;
3.1% and 2.7% as of December 31, 2016 and 2015, respectively
Other
0.2

 
0.3

 
6.8%
Other notes payable
$
55.8

 
$
39.2

 
 
Our long-term debt outstanding consists of the following (in millions):
 
As of December 31,
 
2016
 
2015
Credit Agreement—
 
 
 
Advances under revolving credit facility
$
152.0

 
$
130.0

Term loan facilities
421.2

 
443.3

Bonds payable—
 
 
 
7.75% Senior Notes due 2022

 
174.3

5.125% Senior Notes due 2023
295.3

 
294.6

5.75% Senior Notes due 2024
1,193.2

 
1,192.6

5.75% Senior Notes due 2025
343.9

 
343.4

2.00% Convertible Senior Subordinated Notes due 2043
275.7

 
265.9

Other notes payable
55.8

 
39.2

Capital lease obligations
279.3

 
288.2

 
3,016.4

 
3,171.5

Less: Current portion
(37.1
)
 
(36.8
)
Long-term debt, net of current portion
$
2,979.3

 
$
3,134.7

Schedule of Debt Maturities
The following chart shows scheduled principal payments due on long-term debt for the next five years and thereafter (in millions):
Year Ending December 31,
 
Face Amount
 
Net Amount
2017
 
$
37.1

 
$
37.1

2018
 
38.1

 
38.1

2019
 
39.7

 
39.6

2020
 
836.2

 
790.7

2021
 
10.7

 
10.7

Thereafter
 
2,117.9

 
2,100.2

Total
 
$
3,079.7

 
$
3,016.4

Schedule of Redemption Prices for Senior Notes
We may redeem the 2023 Notes, in whole or in part, at any time on or after March 15, 2018 at the redemption prices set forth below:
Period
 
Redemption Price*
2018
 
103.844
%
2019
 
102.563
%
2020
 
101.281
%
2021 and thereafter
 
100.000
%
We may redeem the 2025 Notes, in whole or in part, at any time on or after September 15, 2020, at the redemption prices set forth below:
Period
 
Redemption
Price*
2020
 
102.875
%
2021
 
101.917
%
2022
 
100.958
%
2023 and thereafter
 
100.000
%
* Expressed in percentage of principal amount
We may redeem the 2024 Notes, in whole or in part, at any time on or after November 1, 2017, at the redemption prices set forth below:
Period
 
Redemption
Price*
2017
 
102.875
%
2018
 
101.917
%
2019
 
100.958
%
2020 and thereafter
 
100.000
%