v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 99.1 $ 85.4
Restricted cash 38.3 37.7
Accounts receivable 612.5 598.8
Other current assets 168.2 165.0
Total current assets 918.1 886.9
Property and equipment, net 3,820.3 3,643.1
Operating lease right-of-use assets 215.5 203.7
Goodwill 1,303.0 1,284.0
Intangible assets, net 295.9 297.8
Other long-term assets 232.9 219.2
Total assets [1] 6,785.7 6,534.7
Current liabilities:    
Current portion of long-term debt 139.2 138.6
Current operating lease liabilities 25.5 26.3
Accounts payable 174.5 171.0
Accrued expenses and other current liabilities 525.9 505.1
Total current liabilities 865.1 841.0
Long-term debt, net of current portion 2,320.3 2,359.2
Long-term operating lease liabilities 200.7 189.7
Deferred income tax liabilities 110.6 105.2
Other long-term liabilities 200.8 190.4
Total liabilities [1] 3,697.5 3,685.5
Commitments and contingencies
Redeemable noncontrolling interests 55.1 56.5
Shareholders’ equity:    
Encompass Health shareholders’ equity 2,280.1 2,067.0
Noncontrolling interests 753.0 725.7
Total shareholders’ equity 3,033.1 2,792.7
Total liabilities and shareholders' equity [1] $ 6,785.7 $ 6,534.7
[1] Our consolidated assets as of June 30, 2025 and December 31, 2024 include total assets of variable interest entities of $207.9 million and $208.1 million, respectively, which cannot be used by us to settle the obligations of other entities. Our consolidated liabilities as of June 30, 2025 and December 31, 2024 include total liabilities of the variable interest entities of $48.7 million and $45.0 million, respectively. See Note 3, Variable Interest Entities.