DISPOSITION OF ASSETS AND LIABILITIES |
6 Months Ended |
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Jun. 30, 2025 | |
Discontinued Operation, Additional Disclosures [Abstract] | |
DISPOSITION OF ASSETS AND LIABILITIES | DISPOSITION OF ASSETS AND LIABILITIES In January 2024, we completed the sale of three hospitals located in South Carolina and certain related operations (together, the “SC Hospitals”), all of which were held by our Hospital Operations segment. This transaction resulted in the recognition of a pre-tax gain on sale of $1.677 billion in the six months ended June 30, 2024. During the three and six months ended June 30, 2024, respectively, the SC Hospitals contributed $3 million and $1.689 billion (inclusive of the gain discussed above) to income before income taxes in the accompanying Condensed Consolidated Statement of Operations. There was no corresponding amount in the six months ended June 30, 2025. In March 2024, we completed the following additional sales: •four hospitals and certain related operations located in Orange County and Los Angeles County, California, including facilities from both our Hospital Operations and Ambulatory Care segments, which resulted in the recognition of a pre‑tax gain on sale of $526 million in the six months ended June 30, 2024; •two hospitals and certain related operations located in San Luis Obispo County, California, all of which were held by our Hospital Operations segment, resulting in the recognition of a pre‑tax gain on sale of $275 million in the six months ended June 30, 2024; and •three ambulatory surgery centers located in South Carolina and held by our Ambulatory Care segment, which resulted in the recognition of a pre‑tax gain of $43 million in the six months ended June 30, 2024. Gains recognized from the disposition of the assets described above are included in net gains on sales, consolidation and deconsolidation of facilities in the accompanying Condensed Consolidated Statement of Operations for the six months ended June 30, 2024.
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