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Earnings Per Share
9 Months Ended
Sep. 30, 2013
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 stock options, stock appreciation rights 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, 2013 and 2012 (dollars in millions, except per share amounts, and shares in thousands):

 

     Quarter      Nine Months  
     2013      2012      2013      2012  

Net income attributable to HCA Holdings, Inc.

   $ 365       $ 360       $ 1,132       $ 1,291   

Weighted average common shares outstanding

     447,329         440,899         446,125         439,441   

Effect of dilutive incremental shares

     16,240         18,616         16,926         19,381   
  

 

 

    

 

 

    

 

 

    

 

 

 

Shares used for diluted earnings per share

     463,569         459,515         463,051         458,822   
  

 

 

    

 

 

    

 

 

    

 

 

 

Earnings per share:

           

Basic earnings per share

   $ 0.82       $ 0.82       $ 2.54       $ 2.94   

Diluted earnings per share

   $ 0.79       $ 0.78       $ 2.44       $ 2.81