XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 48.7 $ 85.4
Restricted cash 45.0 37.7
Accounts receivable 610.8 598.8
Other current assets 165.3 165.0
Total current assets 869.8 886.9
Property and equipment, net 3,925.5 3,643.1
Operating lease right-of-use assets 218.1 203.7
Goodwill 1,303.0 1,284.0
Intangible assets, net 291.9 297.8
Other long-term assets 257.4 219.2
Total assets [1] 6,865.7 6,534.7
Current liabilities:    
Current portion of long-term debt 39.0 138.6
Current operating lease liabilities 25.9 26.3
Accounts payable 138.4 171.0
Accrued expenses and other current liabilities 558.7 505.1
Total current liabilities 762.0 841.0
Long-term debt, net of current portion 2,393.9 2,359.2
Long-term operating lease liabilities 202.8 189.7
Deferred income tax liabilities 107.5 105.2
Other long-term liabilities 213.2 190.4
Total liabilities [1] 3,679.4 3,685.5
Commitments and contingencies
Redeemable noncontrolling interests 54.4 56.5
Shareholders’ equity:    
Encompass Health shareholders’ equity 2,373.8 2,067.0
Noncontrolling interests 758.1 725.7
Total shareholders’ equity 3,131.9 2,792.7
Total liabilities and shareholders' equity [1] $ 6,865.7 $ 6,534.7
[1] Our consolidated assets as of September 30, 2025 and December 31, 2024 include total assets of variable interest entities of $211.2 million and $208.1 million, respectively, which cannot be used by us to settle the obligations of other entities. Our consolidated liabilities as of September 30, 2025 and December 31, 2024 include total liabilities of the variable interest entities of $49.0 million and $45.0 million, respectively. See Note 3, Variable Interest Entities.