XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 227.4 $ 389.9
Accounts receivable 412.0 430.2
Inventories 64.0 61.1
Prepaid expenses 37.4 25.6
Other current assets 47.6 39.3
Total current assets 788.4 946.1
Property and equipment, net of accumulated depreciation of $320.7 and $272.3, respectively 789.1 629.7
Goodwill and other intangible assets, net 4,035.6 3,955.5
Investments in and advances to affiliates 159.7 88.7
Right-of-use operating lease assets 277.8 324.1
Long-term deferred tax assets 110.4 114.4
Other long-term assets 130.6 59.1
Total assets 6,291.6 6,117.6
Current liabilities:    
Accounts payable 126.4 124.9
Accrued payroll and benefits 83.8 77.1
Medicare accelerated payments and deferred governmental grants 21.4 64.4
Other current liabilities 221.8 210.0
Current maturities of long-term debt 68.3 60.4
Total current liabilities 521.7 536.8
Long-term debt, less current maturities 3,019.4 2,878.4
Right-of-use operating lease liabilities 271.8 315.6
Other long-term liabilities 96.4 87.0
Non-controlling interests—redeemable 341.8 330.2
Stockholders' equity:    
Preferred stock, $0.01 par value; shares authorized - 20,310,000; shares issued or outstanding - none 0.0 0.0
Common stock, $0.01 par value; shares authorized - 300,000,000; shares issued and outstanding - 89,935,287 and 89,332,557, respectively 0.9 0.9
Additional paid-in capital 1,618.8 1,622.3
Accumulated other comprehensive income (loss) 44.3 (31.5)
Retained deficit (508.9) (502.7)
Total Surgery Partners, Inc. stockholders' equity 1,155.1 1,089.0
Non-controlling interests—non-redeemable 885.4 880.6
Total stockholders' equity 2,040.5 1,969.6
Total liabilities and stockholders' equity $ 6,291.6 $ 6,117.6