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Earnings Per Share
6 Months Ended
Jun. 30, 2018
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 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 and six months ended June 30, 2018 and 2017 (dollars and shares in millions, except per share amounts):

 

     Quarter      Six Months  
     2018      2017      2018      2017  

Net income attributable to HCA Healthcare, Inc.

   $ 820      $ 657      $ 1,964      $ 1,316  

Weighted average common shares outstanding

     348.615        365.847        349.726        368.056  

Effect of dilutive incremental shares

     6.424        9.491        7.662        9.591  
  

 

 

    

 

 

    

 

 

    

 

 

 

Shares used for diluted earnings per share

     355.039        375.338        357.388        377.647  
  

 

 

    

 

 

    

 

 

    

 

 

 

Earnings per share:

           

Basic earnings

   $ 2.35      $ 1.79      $ 5.62      $ 3.58  

Diluted earnings

   $ 2.31      $ 1.75      $ 5.50      $ 3.48