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Earnings Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 5 — 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 SARs, RSUs and PSUs, computed using the treasury stock method. During 2022, 2021 and 2020, we repurchased 30.747 million shares, 37.812 million shares and 3.287 million shares, respectively, of our common stock. The following table sets forth the computations of basic and diluted earnings per share for the years ended December 31, 2022, 2021 and 2020 (dollars and shares in millions, except per share amounts):

 

 

 

2022

 

 

2021

 

 

2020

 

Net income attributable to HCA Healthcare, Inc.

 

$

5,643

 

 

$

6,956

 

 

$

3,754

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

290.348

 

 

 

323.315

 

 

 

338.274

 

Effect of dilutive incremental shares

 

 

4.318

 

 

 

5.437

 

 

 

5.331

 

Shares used for diluted earnings per share

 

 

294.666

 

 

 

328.752

 

 

 

343.605

 

Earnings per share:

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

19.43

 

 

$

21.52

 

 

$

11.10

 

Diluted earnings per share

 

$

19.15

 

 

$

21.16

 

 

$

10.93