HCA Holdings 2011 Annual Report Download - page 144

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HCA HOLDINGS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
NOTE 17 — ACCRUED EXPENSES AND ALLOWANCE FOR DOUBTFUL ACCOUNTS
A summary of other accrued expenses at December 31 follows (dollars in millions):
2011 2010
Professional liability risks ............................................. $ 298 $ 268
Interest ............................................................ 383 309
Taxes other than income .............................................. 232 197
Other ............................................................. 672 471
$1,585 $1,245
A summary of activity for the allowance of doubtful accounts follows (dollars in millions):
Balance
at
Beginning
of Year
Provision
for
Doubtful
Accounts
Accounts
Written
off,
Net of
Recoveries
Balance
at End
of Year
Allowance for doubtful accounts:
Year ended December 31, 2009 ................. $4,741 $3,276 $(3,157) $4,860
Year ended December 31, 2010 ................. 4,860 2,648 (3,569) 3,939
Year ended December 31, 2011 ................. 3,939 2,824 (2,657) 4,106
NOTE 18 — SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION AND
OTHER COLLATERAL-RELATED INFORMATION
On November 22, 2010, HCA Inc. reorganized by creating a new holding company structure. HCA
Holdings, Inc. became the new parent company, and HCA Inc. is now HCA Holdings, Inc.’s wholly-owned
direct subsidiary. On November 23, 2010, HCA Holdings, Inc. issued the 2021 Notes. These notes are senior
unsecured obligations and are not guaranteed by any of our subsidiaries.
The senior secured credit facilities and senior secured notes described in Note 10 are fully and
unconditionally guaranteed by substantially all existing and future, direct and indirect, wholly-owned material
domestic subsidiaries that are “Unrestricted Subsidiaries” under our Indenture dated December 16, 1993 (except
for certain special purpose subsidiaries that only guarantee and pledge their assets under our ABL credit facility).
Our condensed consolidating balance sheets at December 31, 2011 and 2010 and condensed consolidating
statements of income and cash flows for each of the three years in the period ended December 31, 2011,
segregating HCA Holdings, Inc. issuer, HCA Inc. issuer, the subsidiary guarantors, the subsidiary non-guarantors
and eliminations, follow.
F-39