Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

The provision for income taxes consists of the following (dollars in millions):

A reconciliation of the federal statutory rate to the effective income tax rate follows:


	2013			2012			2011
Federal statutory rate		35.0	%		35.0	%		35.0	%
State income taxes, net of federal tax benefit		2.3			2.2			2.0
Change in liability for uncertain tax positions		0.5			—			1.0
Nontaxable gain on acquisition of controlling interest in equity investment		—			—			(13.8	)
Tax exempt interest income		(0.2	)		(0.2	)		(0.2	)
Other items, net		0.3			(1.4	)		(1.4	)

Effective income tax rate on income applicable to HCA Holdings, Inc.		37.9			35.6			22.6
Income attributable to noncontrolling interests from consolidated partnerships		(5.7	)		(4.9	)		(2.4	)

Effective income tax rate on income before income taxes		32.2	%		30.7	%		20.2	%

A summary of the items comprising the deferred tax assets and liabilities at December 31 follows (dollars in millions):


	2013				2012
	Assets		Liabilities		Assets		Liabilities
Depreciation and fixed asset basis differences	$	—	$	229	$	—	$	292
Allowances for professional liability and other risks		365		—		355		—
Accounts receivable		423		—		405		—
Compensation		240		—		237		—
Other		638		698		744		595

	$	1,666	$	927	$	1,741	$	887

The following table summarizes the activity related to our unrecognized tax benefits (dollars in millions):


	2013			2012
Balance at January 1	$	425		$	445
Additions based on tax positions related to the current year		21			16
Additions for tax positions of prior years		25			92
Reductions for tax positions of prior years		(18	)		(19	)
Settlements		(5	)		(103	)
Lapse of applicable statutes of limitations		(3	)		(6	)

Balance at December 31	$	445		$	425