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Earnings Per Share
3 Months Ended
Mar. 31, 2024
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, 2024 and 2023 (dollars and shares in millions, except per share amounts):

 

 

2024

 

 

2023

 

Net income attributable to HCA Healthcare, Inc.

 

$

1,591

 

 

$

1,363

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

264.435

 

 

 

276.910

 

Effect of dilutive incremental shares

 

 

3.581

 

 

 

4.051

 

Shares used for diluted earnings per share

 

 

268.016

 

 

 

280.961

 

Earnings per share:

 

 

 

 

 

 

Basic earnings

 

$

6.01

 

 

$

4.92

 

Diluted earnings

 

$

5.93

 

 

$

4.85