Community Health Systems 2015 Annual Report Download - page 73

Item 6. Selected Financial Data
The following table summarizes specified selected financial data and should be read in conjunction with our
related Consolidated Financial Statements and accompanying Notes to Consolidated Financial Statements. The
amounts shown below have been adjusted for discontinued operations.
Community Health Systems, Inc.
Five Year Summary of Selected Financial Data
Year Ended December 31,
2015 2014 2013 2012 2011
(in millions, except share and per share data)
Consolidated Statement of Income Data
Net operating revenues ........................ $ 19,437 $ 18,639 $ 12,819 $ 12,833 $ 11,708
Income from operations ........................ 1,337 1,339 917 1,216 1,145
Income from continuing operations .............. 295 260 242 358 343
Net income ................................. 259 203 217 346 278
Net income attributable to noncontrolling interests . . 101 111 76 80 76
Net income attributable to Community Health
Systems, Inc. stockholders ................... 158 92 141 266 202
Basic earnings (loss) per share attributable to
Community Health Systems, Inc. common
stockholders (1):
Continuing operations ....................... $ 1.69 $ 1.33 $ 1.80 $ 3.11 $ 2.97
Discontinued operations ..................... (0.31) (0.51) (0.27) (0.13) (0.73)
Net income ............................... $ 1.38 $ 0.82 $ 1.52 $ 2.98 $ 2.24
Diluted earnings (loss) per share attributable to
Community Health Systems, Inc. common
stockholders (1):
Continuing operations ....................... $ 1.68 $ 1.32 $ 1.77 $ 3.09 $ 2.95
Discontinued operations ..................... (0.31) (0.51) (0.27) (0.13) (0.72)
Net income ............................... $ 1.37 $ 0.82 $ 1.51 $ 2.96 $ 2.23
Weighted-average number of shares outstanding:
Basic ...................................... 114,454,674 111,579,088 92,633,332 89,242,949 89,966,933
Diluted (2) .................................. 115,272,404 112,549,320 93,815,013 89,806,937 90,666,348
Consolidated Balance Sheet Data
Cash and cash equivalents ...................... $ 184 $ 509 $ 373 $ 388 $ 130
Total assets ................................. 26,861 27,421 17,117 16,606 15,209
Long-term obligations ......................... 19,113 19,218 11,169 11,298 10,437
Redeemable noncontrolling interests in equity of
consolidated subsidiaries ..................... 571 531 358 368 396
Community Health Systems, Inc. stockholders’
equity .................................... 4,019 4,003 3,068 2,731 2,397
Noncontrolling interests in equity of consolidated
subsidiaries ............................... 86 80 64 65 67
(1) Total per share amounts may not add due to rounding.
(2) See Note 13 to the Consolidated Financial Statements, included in Item 8 of this Form 10-K.
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
You should read this discussion together with our Consolidated Financial Statements and the accompanying
Notes to Consolidated Financial Statements and “Selected Financial Data” included elsewhere in this Form 10-K.
Executive Overview
We are one of the largest publicly-traded hospital companies in the United States and a leading operator of
general acute care hospitals in communities across the country. We provide healthcare services through the
hospitals that we own and operate and affiliated businesses in non-urban and selected urban markets throughout
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