XML 38 R30.htm IDEA: XBRL DOCUMENT
v3.24.2

Stockholders' Deficit (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Equity [Abstract] |
Schedule of Stockholders' Deficit | The schedule below presents the reconciliation of the carrying amount of total equity, equity attributable to the Company’s stockholders, and equity attributable to noncontrolling interests as of June 30, 2024, and during each of the three-month periods following December 31, 2023 (in millions).
|  |  |  |  |  | Community Health Systems, Inc. Stockholders |  |  |  |  |  |  |
|  | Redeemable Noncontrolling Interest |  |  |  | Common Stock |  |  | Additional Paid-In Capital |  |  | Accumulated Other Comprehensive (Loss) Income |  |  | Accumulated Deficit |  |  | Noncontrolling Interest |  |  | Total Stockholders’ Deficit |
Balance, December 31, 2023 |  | $ | 323 |  |  |  | $ | 1 |  |  | $ | 2,185 |  |  | $ | (14 | ) |  | $ | (3,564 | ) |  | $ | 245 |  |  | $ | (1,147 | )
Comprehensive income (loss) |  |  | 16 |  |  |  |  | — |  |  |  | — |  |  |  | (2 | ) |  |  | (41 | ) |  |  | 19 |  |  |  | (24 | )
Distributions to noncontrolling interests |  |  | (17 | ) |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (33 | ) |  |  | (33 | )
Adjustment to redemption value of redeemable noncontrolling interests |  |  | (3 | ) |  |  |  | — |  |  |  | 3 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3 |
Cancellation of restricted stock for tax withholdings on vested shares |  |  | — |  |  |  |  | — |  |  |  | (2 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (2 | )
Other reclassifications of noncontrolling interests |  |  | 10 |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (10 | ) |  |  | (10 | )
Share-based compensation |  |  | — |  |  |  |  | — |  |  |  | 6 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 6 |
Balance, March 31, 2024 |  |  | 329 |  |  |  |  | 1 |  |  |  | 2,192 |  |  |  | (16 | ) |  |  | (3,605 | ) |  |  | 221 |  |  |  | (1,207 | )
Comprehensive income (loss) |  |  | 15 |  |  |  |  | — |  |  |  | — |  |  |  | 3 |  |  |  | (14 | ) |  |  | 25 |  |  |  | 14 |
Distributions to noncontrolling interests |  |  | (14 | ) |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (20 | ) |  |  | (20 | )
Purchases of subsidiary shares from noncontrolling interests |  |  | 1 |  |  |  |  | — |  |  |  | (2 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (2 | )
Adjustment to redemption value of redeemable noncontrolling interests |  |  | 2 |  |  |  |  | — |  |  |  | (2 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (2 | )
Other reclassifications of noncontrolling interests |  |  | (9 | ) |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 12 |  |  |  | 12 |
Share-based compensation |  |  | — |  |  |  |  | — |  |  |  | 2 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2 |
Balance, June 30, 2024 |  | $ | 324 |  |  |  | $ | 1 |  |  | $ | 2,190 |  |  | $ | (13 | ) |  | $ | (3,619 | ) |  | $ | 238 |  |  | $ | (1,203 | )
The following schedule presents the reconciliation of the carrying amount of total equity, equity attributable to the Company’s stockholders, and equity attributable to the noncontrolling interests as of June 30, 2023, and during each of the three-month periods following December 31, 2022 (in millions):
|  |  |  |  |  | Community Health Systems, Inc. Stockholders |  |  |  |  |  |  |
|  | Redeemable Noncontrolling Interest |  |  |  | Common Stock |  |  | Additional Paid-In Capital |  |  | Accumulated Other Comprehensive (Loss) Income |  |  | Accumulated Deficit |  |  | Noncontrolling Interest |  |  | Total Stockholders’ Deficit |
Balance, December 31, 2022 |  | $ | 541 |  |  |  | $ | 1 |  |  | $ | 2,084 |  |  | $ | (21 | ) |  | $ | (3,431 | ) |  | $ | 92 |  |  | $ | (1,275 | )
Comprehensive income (loss) |  |  | 21 |  |  |  |  | — |  |  |  | — |  |  |  | 3 |  |  |  | (51 | ) |  |  | 11 |  |  |  | (37 | )
Distributions to noncontrolling interests |  |  | (33 | ) |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (11 | ) |  |  | (11 | )
Purchases of subsidiary shares from noncontrolling interests |  |  | (1 | ) |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Contributions from noncontrolling interests |  |  | 1 |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | 1 |
Adjustment to redemption value of redeemable noncontrolling interests |  |  | 32 |  |  |  |  | — |  |  |  | (32 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (32 | )
Cancellation of restricted stock for tax withholdings on vested shares |  |  | — |  |  |  |  | — |  |  |  | (4 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (4 | )
Share-based compensation |  |  | — |  |  |  |  | — |  |  |  | 6 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 6 |
Balance, March 31, 2023 |  |  | 561 |  |  |  |  | 1 |  |  |  | 2,054 |  |  |  | (18 | ) |  |  | (3,482 | ) |  |  | 93 |  |  |  | (1,352 | )
Comprehensive income (loss) |  |  | 28 |  |  |  |  | — |  |  |  | — |  |  |  | (1 | ) |  |  | (38 | ) |  |  | 11 |  |  |  | (28 | )
Distributions to noncontrolling interests |  |  | (21 | ) |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (19 | ) |  |  | (19 | )
Contributions from noncontrolling interests |  |  | — |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | 1 |
Purchases of subsidiary shares from noncontrolling interests |  |  | (6 | ) |  |  |  | — |  |  |  | 5 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 5 |
Noncontrolling interest in acquired entity |  |  | 7 |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Adjustment to redemption value of redeemable noncontrolling interests |  |  | 14 |  |  |  |  | — |  |  |  | (14 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (14 | )
Share-based compensation |  |  | — |  |  |  |  | — |  |  |  | 4 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 4 |
Balance, June 30, 2023 |  | $ | 583 |  |  |  | $ | 1 |  |  | $ | 2,049 |  |  | $ | (19 | ) |  | $ | (3,520 | ) |  | $ | 86 |  |  | $ | (1,403 | )
Schedule of Impact of Noncontrolling Interest to Stockholders' Deficit |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Net loss attributable to Community Health Systems, Inc. stockholders |  | $ | (13 | ) |  | $ | (38 | ) |  | $ | (55 | ) |  | $ | (89 | )
Transfers to the noncontrolling interests: |  |  |  |  |  |  |  |  |  |  |  |
Net increase in Community Health Systems, Inc. paid-in-capital for purchase of subsidiary partnership interests |  |  | 3 |  |  |  | 5 |  |  |  | 3 |  |  |  | 5 |
Net transfers to the noncontrolling interests |  |  | 3 |  |  |  | 5 |  |  |  | 3 |  |  |  | 5 |
Change to Community Health Systems, Inc. stockholders’ deficit from net loss attributable to Community Health Systems, Inc. stockholders and transfers to noncontrolling interests |  | $ | (10 | ) |  | $ | (33 | ) |  | $ | (52 | ) |  | $ | (84 | )

X
- Definition The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4M -Publisher FASB -URI https://asc.fasb.org//1943274/2147481175/810-10-55-4M Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Subparagraph (d) -SubTopic 10 -Topic 810 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-1A + Details
Name: | us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestEffectsOfChangesNetTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration