SEC Filings

10-Q
ENVISION HEALTHCARE CORP filed this Form 10-Q on 08/08/2017
Entire Document
 
Item 1. Financial Statements - (continued)

The following table is a reconciliation of the major classes of assets and liabilities classified as held for sale in the accompanying consolidated balance sheets representing the medical transportation business as of June 30, 2017 and December 31, 2016 (in millions):
 
June 30,
 
December 31,
 
2017
 
2016
Assets
 
 
 
Current assets:
 
 
 
Cash and cash equivalents
$
23.3

 
$
14.7

Insurance collateral (1)
1.5

 

Accounts receivable, net
414.8

 
457.2

Supplies inventory
38.2

 
37.8

Prepaid and other current assets
43.0

 
41.4

Property and equipment, net
292.0

 
294.4

Investments in unconsolidated affiliates
0.2

 
2.2

Goodwill
1,244.8

 
1,235.0

Intangible assets, net
913.4

 
929.4

Other assets
34.4

 
27.4

Total assets held for sale
$
3,005.6

 
$
3,039.5

Liabilities
 
 
 
Current liabilities:
 
 
 
Current portion of long-term debt
$
0.5

 
$
0.4

Accounts payable
31.3

 
31.4

Accrued salaries and benefits
75.6

 
77.4

Other accrued liabilities
139.0

 
140.2

Long-term debt
1.1

 
1.4

Deferred income taxes
361.4

 
337.0

Insurance reserves
89.0

 
91.6

Other long-term liabilities
36.7

 
38.6

Total liabilities held for sale
$
734.6

 
$
718.0

 
(1)
Insurance collateral for claims related to the medical transportation business are generally held within a captive insurance company. Such balances are available to settle the insurance claims of the medical transportation business but are not recorded into assets held for sale as the captive insurance company is a subsidiary of the Company, not the medical transportation business.


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