Earnings Per Share

3 Months Ended

Mar. 31, 2016

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 and potential shares, 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, 2016 and 2015 (dollars and shares in millions, except per share amounts):


	2016		2015
Net income attributable to HCA Holdings, Inc.	$	694	$	591

Weighted average common shares outstanding		396.397		420.148
Effect of dilutive incremental shares		14.178		15.161

Shares used for diluted earnings per share		410.575		435.309

Earnings per share:
Basic earnings per share	$	1.75	$	1.41
Diluted earnings per share	$	1.69	$	1.36