Net income, excluding losses (gains) on sales of facilities and
impairment of long-lived assets and adjusted EBITDA are not measures of
financial performance under accounting principles generally accepted in the
United States, and should not be considered as alternatives to net income
as a measure of operating performance or cash flows from operating,
investing and financing activities as a measure of liquidity. Because net
income, excluding losses (gains) on sales of facilities and impairment of
long-lived assets and adjusted EBITDA are not measurements determined in
accordance with generally accepted accounting principles and are
susceptible to varying calculations, net income, excluding losses (gains)
on sales of facilities and impairment of long-lived assets and adjusted
EBITDA, as presented, may not be comparable to other similarly titled
measures presented by other companies.
HCA Inc.
Condensed Consolidated Balance Sheets
(Dollars in millions)
June 30, March 31, December 31,
2008 2008 2007
ASSETS
Current assets:
Cash and cash equivalents $368 $471 $393
Accounts receivable, less
allowance for doubtful
accounts 3,922 4,134 3,895
Inventories 715 705 710
Deferred income taxes 727 693 592
Other 557 498 615
Total current assets 6,289 6,501 6,205
Property and equipment, at cost 23,145 22,783 22,579
Accumulated depreciation
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