HCA Holdings 2012 Annual Report Download - page 157

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HCA HOLDINGS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
NOTE 18 — SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION AND
OTHER COLLATERAL-RELATED INFORMATION (continued)
Healthtrust, Inc. — The Hospital Company (“Healthtrust”) is the first-tier subsidiary of HCA Inc. The
common stock of Healthtrust has been pledged as collateral for the senior secured credit facilities and senior
secured notes described in Note 10. Rule 3-16 of Regulation S-X under the Securities Act requires the filing of
separate financial statements for any affiliate of the registrant whose securities constitute a substantial portion of
the collateral for any class of securities registered or being registered. We believe the separate financial
statements requirement applies to Healthtrust due to the pledge of its common stock as collateral for the senior
secured notes. Due to the corporate structure relationship of HCA and Healthtrust, HCA’s operating subsidiaries
are also the operating subsidiaries of Healthtrust. The corporate structure relationship, combined with the
application of push-down accounting in Healthtrust’s consolidated financial statements related to HCA’s debt
and financial instruments, results in the consolidated financial statements of Healthtrust being substantially
identical to the consolidated financial statements of HCA. The consolidated financial statements of HCA and
Healthtrust present the identical amounts for revenues, expenses, net income, assets, liabilities, total
stockholders’ deficit, net cash provided by operating activities, net cash used in investing activities and net cash
used in financing activities. Certain individual line items in the HCA consolidated statements of stockholders’
deficit are combined into one line item in the Healthtrust consolidated statements of stockholder’s deficit.
Reconciliations of the HCA Holdings, Inc. Consolidated Statements of Stockholders’ Deficit presentation to
the Healthtrust, Inc. — The Hospital Company Consolidated Statements of Stockholder’s Deficit presentation for
the years ended December 31, 2012, 2011 and 2010 are as follows (dollars in millions):
2012 2011 2010
Presentation in HCA Holdings, Inc. Consolidated Statements of Stockholders’ Deficit:
Share-based benefit plans ................................................ $169 $35 $43
Reclassification of certain equity securities with contingent redemption rights ...... —141 —
Other ................................................................ (17) 36 120
Presentation in Healthtrust, Inc. — The Hospital Company Consolidated Statements of
Stockholder’s Deficit:
Distributions from HCA Holdings, Inc., net of contributions to HCA Holdings,
Inc. ................................................................ $152 $212 $163
Due to the consolidated financial statements of Healthtrust being substantially identical to the consolidated
financial statements of HCA, except for the items presented in the table above, the separate consolidated
financial statements of Healthtrust are not presented.
F-49