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Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Outstanding Long-term Debt
Our notes payable consist of the following (in millions):
 
As of December 31,
 
 
 
2019
 
2018
 
Interest Rates
Sale/leaseback transactions involving real estate accounted for as financings
$
28.0

 
$
82.8

 
8.1% to 11.2% as of December 31, 2019;
7.8% to 11.2% as of December 31, 2018
Construction of a new hospital
12.9

 
14.6

 
5.0% as of December 31, 2019;
4.8% to 5.0% as of December 31, 2018
Other
3.8

 
6.8

 
4.3% to 6.8%
Other notes payable
$
44.7

 
$
104.2

 
 

Our long-term debt outstanding consists of the following (in millions):
 
As of December 31,
 
2019
 
2018
Credit Agreement—
 
 
 
Advances under revolving credit facility
$
45.0

 
$
30.0

Term loan facilities
265.2

 
280.1

Bonds payable—
 
 
 
5.125% Senior Notes due 2023
297.3

 
296.6

5.75% Senior Notes due 2024
697.3

 
1,194.7

5.75% Senior Notes due 2025
345.6

 
345.0

4.50% Senior Notes due 2028
491.7

 

4.75% Senior Notes due 2030
491.7

 

Other notes payable
44.7

 
104.2

Finance lease obligations
384.1

 
263.8

 
3,062.6

 
2,514.4

Less: Current portion
(39.3
)
 
(35.8
)
Long-term debt, net of current portion
$
3,023.3

 
$
2,478.6


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
2020
 
$
39.3

 
$
39.3

2021
 
35.5

 
35.5

2022
 
46.3

 
46.3

2023
 
335.1

 
332.4

2024
 
995.7

 
991.6

Thereafter
 
1,638.6

 
1,617.5

Total
 
$
3,090.5

 
$
3,062.6


Schedule of Redemption Prices for Senior Notes We may redeem the 2030 Notes, in whole or in part, at any time on or after February 1, 2025 at the redemption prices set forth below:
Period
 
Redemption
Price*
2025
 
102.375
%
2026
 
101.583
%
2027
 
100.792
%
2028 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*
2019
 
100.958
%
2020 and thereafter
 
100.000
%

* Expressed in percentage of principal amount
We may redeem the 2028 Notes, in whole or in part, at any time on or after February 1, 2023 at the redemption prices set forth below:
Period
 
Redemption
Price*
2023
 
102.250
%
2024
 
101.125
%
2025 and thereafter
 
100.000
%

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*
2019
 
102.563
%
2020
 
101.281
%
2021 and thereafter
 
100.000
%

* Expressed in percentage of principal amount