Community Health Systems 2015 Annual Report Download - page 173

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COMMUNITY HEALTH SYSTEMS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
Condensed Consolidating Statement of Comprehensive Income
Year Ended December 31, 2015
Parent
Guarantor Issuer
Other
Guarantors
Non -
Guarantors Eliminations Consolidated
(In millions)
Net income .......................... $ 158 $ 158 $ 218 $ 160 $ (435) $ 259
Other comprehensive income (loss), net of
income taxes:
Net change in fair value of interest rate
swaps, net of tax .................. (6) (6) - - 6 (6)
Net change in fair value of available-for-
sale securities, net of tax ........... (5) (5) (5) - 10 (5)
Amortization and recognition of
unrecognized pension cost
components, net of tax ............. 1 1 1 - (2) 1
Other comprehensive income (loss) . . . (10) (10) (4) - 14 (10)
Comprehensive income ................ 148 148 214 160 (421) 249
Less: Comprehensive income attributable
to noncontrolling interests .......... - - - 101 - 101
Comprehensive income attributable to
Community Health Systems, Inc.
stockholders ..................... $ 148 $ 148 $ 214 $ 59 $ (421) $ 148
Condensed Consolidating Statement of Comprehensive Income
Year Ended December 31, 2014
Parent
Guarantor Issuer
Other
Guarantors
Non -
Guarantors Eliminations Consolidated
(In millions)
Net income .......................... $ 92 $ 92 $ 229 $ (132) $ (78) $ 203
Other comprehensive income (loss), net of
income taxes:
Net change in fair value of interest rate
swaps, net of tax .................. 13 13 - - (13) 13
Net change in fair value of available-for-
sale securities, net of tax ........... - - - - - -
Amortization and recognition of
unrecognized pension cost
components, net of tax ............. (9) (9) (9) - 18 (9)
Other comprehensive income (loss) . . . 4 4 (9) - 5 4
Comprehensive income ................ 96 96 220 (132) (73) 207
Less: Comprehensive income attributable
to noncontrolling interests .......... - - - 111 - 111
Comprehensive income attributable to
Community Health Systems, Inc.
stockholders ..................... $ 96 $ 96 $ 220 $ (243) $ (73) $ 96
160