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Earnings Per Share
 6 Months Ended
Jun. 30, 2023
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, computed using the treasury stock method.

NOTE 4 — EARNINGS PER SHARE (continued)

The following table sets forth the computation of basic and diluted earnings per share for the quarters and six months ended June 30, 2023 and 2022 (dollars and shares in millions, except per share amounts):

 

 

Quarter

 

 

Six Months

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Net income attributable to HCA Healthcare, Inc.

 

$

1,193

 

 

$

1,155

 

 

$

2,556

 

 

$

2,428

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

274.494

 

 

 

292.527

 

 

 

275.695

 

 

 

297.459

 

Effect of dilutive incremental shares

 

 

3.704

 

 

 

3.534

 

 

 

3.878

 

 

 

4.231

 

Shares used for diluted earnings per share

 

 

278.198

 

 

 

296.061

 

 

 

279.573

 

 

 

301.690

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings

 

$

4.35

 

 

$

3.95

 

 

$

9.27

 

 

$

8.16

 

Diluted earnings

 

$

4.29

 

 

$

3.90

 

 

$

9.14

 

 

$

8.05