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Earnings Per Share
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract] 
EARNINGS PER SHARE

NOTE 3 — 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 stock options and restricted share units, computed using the treasury stock method.

The following table sets forth the computation of basic and diluted earnings per share for the quarters and nine months ended September 30, 2011 and 2010 (dollars in millions, except per share amounts, and shares in thousands):

 

                                 
    Quarter     Nine Months  
    2011     2010     2011     2010  

Net income attributable to HCA Holdings, Inc.

  $ 61     $ 243     $ 530     $ 924  
         

Weighted average common shares outstanding

    508,417       426,361       489,924       426,347  

Effect of dilutive securities

    19,098       12,671       19,659       10,925  
   

 

 

   

 

 

   

 

 

   

 

 

 

Shares used for diluted earnings per share

    527,515       439,032       509,583       437,272  
   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings per share:

                               

Basic earnings per share

  $ 0.12     $ 0.57     $ 1.08     $ 2.17  

Diluted earnings per share

  $ 0.11     $ 0.55     $ 1.04     $ 2.11