XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 250.1 $ 269.5
Accounts receivable 563.1 579.1
Inventories 87.3 88.4
Prepaid expenses 45.9 36.4
Other current assets 158.9 146.0
Total current assets 1,105.3 1,119.4
Property and equipment, net of accumulated depreciation of $588.8 and $553.9, respectively 1,179.5 1,088.3
Goodwill and other intangible assets, net 5,140.0 5,113.7
Investments in and advances to affiliates 220.2 215.4
Right-of-use operating lease assets 271.7 295.7
Other long-term assets 38.1 57.5
Total assets 7,954.8 7,890.0
Current liabilities:    
Accounts payable 174.9 208.7
Accrued payroll and benefits 59.3 60.4
Other current liabilities 229.1 253.9
Current maturities of long-term debt 110.0 101.4
Total current liabilities 573.3 624.4
Long-term debt, less current maturities 3,465.2 3,268.9
Right-of-use operating lease liabilities 263.7 292.1
Long-term deferred tax liabilities 37.4 39.2
Other long-term liabilities 36.3 30.2
Non-controlling interests—redeemable 422.4 438.8
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 - 128,210,376 and 127,109,383, respectively 1.3 1.3
Additional paid-in capital 2,537.8 2,520.9
Accumulated other comprehensive (loss) income (13.3) 4.8
Retained deficit (777.5) (737.3)
Total Surgery Partners, Inc. stockholders' equity 1,748.3 1,789.7
Non-controlling interests—non-redeemable 1,408.2 1,406.7
Total stockholders' equity 3,156.5 3,196.4
Total liabilities and stockholders' equity $ 7,954.8 $ 7,890.0