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Earnings Per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 4 — EARNINGS PER SHARE

We compute basic earnings per share using the weighted average number of common shares outstanding. We compute diluted earnings per share using the weighted average number of common shares outstanding, plus the dilutive effect of outstanding equity awards, computed using the treasury stock method.

 

The following table sets forth the computation of basic and diluted earnings per share for the quarters ended March 31, 2022 and 2021 (dollars and shares in millions, except per share amounts):

 

 

 

2022

 

 

2021

 

Net income attributable to HCA Healthcare, Inc.

 

$

1,273

 

 

$

1,423

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

302.446

 

 

 

338.123

 

Effect of dilutive incremental shares

 

 

4.928

 

 

 

5.198

 

Shares used for diluted earnings per share

 

 

307.374

 

 

 

343.321

 

Earnings per share:

 

 

 

 

 

 

Basic earnings

 

$

4.21

 

 

$

4.21

 

Diluted earnings

 

$

4.14

 

 

$

4.14