NOTE 2 — ACQUISITIONS AND DISPOSITIONS

During the six months ended June 30, 2026, we paid $386 million to acquire nonhospital health care entities. During the six months ended June 30, 2025, we paid $190 million to acquire two hospital facilities in New Hampshire and Florida and $136 million to acquire nonhospital health care entities. Purchase price amounts have been allocated to the related assets acquired and liabilities assumed based upon their respective fair values.

During the six months ended June 30, 2026, we received proceeds of $21 million and recognized pretax gains of $9 million related to sales of real estate and other health care entity investments. During the six months ended June 30, 2025, we received proceeds of $156 million related to the sale of a hospital facility in California and $11 million related to sales of real estate and other health care entity investments. We recognized pretax losses of $2 million for these transactions.