XML 17 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 389.9 $ 317.9
Accounts receivable 430.2 382.2
Inventories 61.1 56.4
Prepaid expenses 25.6 17.6
Other current assets 39.3 27.4
Total current assets 946.1 801.5
Property and equipment, net 629.7 544.6
Intangible assets, net 43.7 46.9
Goodwill 3,911.8 3,468.0
Investments in and advances to affiliates 88.7 90.3
Right-of-use operating lease assets 324.1 310.1
Long-term deferred tax assets 114.4 124.8
Other long-term assets 59.1 27.0
Total assets 6,117.6 5,413.2
Current liabilities:    
Accounts payable 124.9 100.2
Accrued payroll and benefits 77.1 65.4
Medicare accelerated payments and deferred governmental grants 64.4 109.8
Other current liabilities 210.0 217.0
Current maturities of long-term debt 60.4 64.4
Total current liabilities 536.8 556.8
Long-term debt, less current maturities 2,878.4 2,792.4
Right-of-use operating lease liabilities 315.6 300.9
Other long-term liabilities 87.0 139.7
Non-controlling interests—redeemable 330.2 306.8
Redeemable preferred stock - Series A; shares authorized - 310,000; shares issued or outstanding - none and 310,000, respectively; redemption value - none and $434.5, respectively 0.0 434.5
Stockholders' equity:    
Preferred stock, $0.01 par value; shares authorized - 20,000,000; shares issued or outstanding - none 0.0 0.0
Common stock, $0.01 par value; shares authorized - 300,000,000; shares issued and outstanding - 89,332,557 and 50,461,706, respectively 0.9 0.5
Additional paid-in capital 1,622.3 607.9
Accumulated other comprehensive loss (31.5) (61.0)
Retained deficit (502.7) (431.8)
Total Surgery Partners, Inc. stockholders' equity 1,089.0 115.6
Non-controlling interests—non-redeemable 880.6 766.5
Total stockholders' equity 1,969.6 882.1
Total liabilities and stockholders' equity $ 6,117.6 $ 5,413.2