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Condensed Financial Information of Parent Company | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Condensed Financial Information of Parent Company | 18. CONDENSED FINA NCIAL INFORMATION OF PARENT COMPANY
Parent Company Only |  |  |  |  |  |
Condensed Balance Sheets |  |  |  |  |  |
(In millions) |  |  |  |  |  |
|  | December 31, |
|  | 2024 |  |  | 2023 |
ASSETS |  |  |  |  |  |
Prepaid income taxes |  | $ | 53 |  |  | $ | 77 |
Total current assets |  |  | 53 |  |  |  | 77 |
Deferred income taxes |  |  | 13 |  |  |  | 29 |
Other assets, net |  |  | — |  |  |  | — |
Total assets |  | $ | 66 |  |  | $ | 106 |
LIABILITIES AND STOCKHOLDERS’ DEFICIT |  |  |  |  |  |
Intercompany payable |  | $ | 1,705 |  |  | $ | 1,083 |
Deferred income taxes |  |  | 231 |  |  |  | 369 |
Other long-term liabilities |  |  | 44 |  |  |  | 46 |
Total liabilities |  |  | 1,980 |  |  |  | 1,498 |
Community Health Systems, Inc. stockholders’ deficit: |  |  |  |  |  |
Preferred stock |  |  | — |  |  |  | — |
Common stock |  |  | 1 |  |  |  | 1 |
Additional paid-in capital |  |  | 2,175 |  |  |  | 2,185 |
Accumulated other comprehensive loss |  |  | (10 | ) |  |  | (14 | )
Accumulated deficit |  |  | (4,080 | ) |  |  | (3,564 | )
Total Community Health Systems, Inc. stockholders’ deficit |  |  | (1,914 | ) |  |  | (1,392 | )
Total liabilities and stockholders’ deficit |  | $ | 66 |  |  | $ | 106 |
See note to condensed financial statements of Parent Company. |  |  |  |  |  |
Parent Company Only |  |  |  |  |  |  |  |  |
Condensed Statements of (Loss) Income |  |  |  |  |  |  |  |  |
(In millions) |  |  |  |  |  |  |  |  |
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Net operating revenues |  | $ | — |  |  | $ | — |  |  | $ | — |
Operating expenses: |  |  |  |  |  |  |  |  |
Salaries and benefits |  |  | — |  |  |  | — |  |  |  | — |
Supplies |  |  | — |  |  |  | — |  |  |  | — |
Other operating expenses |  |  | — |  |  |  | — |  |  |  | — |
Lease cost and rent |  |  | — |  |  |  | — |  |  |  | — |
Pandemic relief funds |  |  | — |  |  |  | — |  |  |  | — |
Depreciation and amortization |  |  | — |  |  |  | — |  |  |  | — |
Impairment and (gain) loss on sale of businesses, net |  |  | — |  |  |  | — |  |  |  | — |
Total operating expenses |  |  | — |  |  |  | — |  |  |  | — |
Income from operations |  |  | — |  |  |  | — |  |  |  | — |
Interest expense, net |  |  | — |  |  |  | — |  |  |  | — |
(Gain) loss from early extinguishment of debt |  |  | — |  |  |  | — |  |  |  | — |
Equity in loss (earnings) of unconsolidated affiliates |  |  | 516 |  |  |  | 133 |  |  |  | (46 | )
(Loss) income before income taxes |  |  | (516 | ) |  |  | (133 | ) |  |  | 46 |
Provision for (benefit from) income taxes |  |  | — |  |  |  | — |  |  |  | — |
Net (loss) income |  |  | (516 | ) |  |  | (133 | ) |  |  | 46 |
Less: Net income attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | — |
Net (loss) income attributable to Community Health Systems, Inc. stockholders |  | $ | (516 | ) |  | $ | (133 | ) |  | $ | 46 |
See note to condensed financial statements of Parent Company. |  |  |  |  |  |  |  |  |
Parent Company Only |  |  |  |  |  |  |  |  |
Condensed Statements of Comprehensive (Loss) Income |  |  |  |  |  |  |  |  |
(In millions) |  |  |  |  |  |  |  |  |
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  |  |  |  | (In millions) |  |  |  |
Net (loss) income |  | $ | (516 | ) |  | $ | (133 | ) |  | $ | 46 |
Equity in other comprehensive (loss) income of affiliates, net of income taxes: |  |  |  |  |  |  |  |  |
Net change in fair value of available-for-sale debt securities, net of tax |  |  | — |  |  |  | 6 |  |  |  | (17 | )
Amortization and recognition of unrecognized pension cost components, net of tax |  |  | 4 |  |  |  | 1 |  |  |  | 10 |
Other comprehensive income (loss) |  |  | 4 |  |  |  | 7 |  |  |  | (7 | )
Comprehensive (loss) income |  |  | (512 | ) |  |  | (126 | ) |  |  | 39 |
Less: Comprehensive income attributable to noncontrolling interests |  |  | — |  |  |  | — |  |  |  | — |
Comprehensive (loss) income attributable to Community Health Systems, Inc. stockholders |  | $ | (512 | ) |  | $ | (126 | ) |  | $ | 39 |
See note to condensed financial statements of Parent Company. |  |  |  |  |  |  |  |  |
Parent Company Only |  |  |  |  |  |  |  |  |
Condensed Statements of Cash Flows |  |  |  |  |  |  |  |  |
(In millions) |  |  |  |  |  |  |  |  |
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net cash used in operating activities |  | $ | (167 | ) |  | $ | (85 | ) |  | $ | (13 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Net cash provided by (used in) investing activities |  |  | — |  |  |  | — |  |  |  | — |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Repurchase of restricted stock shares for payroll tax withholding requirements |  |  | (2 | ) |  |  | (4 | ) |  |  | (8 | )
Changes in intercompany balances with affiliates, net |  |  | 169 |  |  |  | 89 |  |  |  | 21 |
Net cash provided by financing activities |  |  | 167 |  |  |  | 85 |  |  |  | 13 |
Net change in cash and cash equivalents |  |  | — |  |  |  | — |  |  |  | — |
Cash and cash equivalents at beginning of period |  |  | — |  |  |  | — |  |  |  | — |
Cash and cash equivalents at end of period |  | $ | — |  |  | $ | — |  |  | $ | — |
See note to condensed financial statements of Parent Company. |  |  |  |  |  |  |  |  |
1. Basis of Presentation The Parent Company is a holding company and operates no business in its own name; all of the Company’s business operations are conducted through subsidiaries of the Parent Company. The Company’s outstanding indebtedness restricts the ability of subsidiaries to dividend or otherwise provide funds to the Parent Company. Accordingly, these financial statements have been presented on a “parent-only” basis. Under parent-only presentation, the Parent Company’s investments in its consolidated subsidiaries are presented under the equity method of accounting. These parent-only financial statements should be read in conjunction with consolidated financial statements of Community Health Systems, Inc.

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- Definition The entire disclosure for condensed financial statements. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Paragraph a -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 + Details
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