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Earnings Per Share
 12 Months Ended
Dec. 31, 2023
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 2023, 2022 and 2021, we repurchased 14.465 million shares, 30.747 million shares and 37.812 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, 2023, 2022 and 2021 (dollars and shares in millions, except per share amounts):

 

 

 

2023

 

 

2022

 

 

2021

 

Net income attributable to HCA Healthcare, Inc.

 

$

5,242

 

 

$

5,643

 

 

$

6,956

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

272.404

 

 

 

290.348

 

 

 

323.315

 

Effect of dilutive incremental shares

 

 

4.008

 

 

 

4.318

 

 

 

5.437

 

Shares used for diluted earnings per share

 

 

276.412

 

 

 

294.666

 

 

 

328.752

 

Earnings per share:

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

19.25

 

 

$

19.43

 

 

$

21.52

 

Diluted earnings per share

 

$

18.97

 

 

$

19.15

 

 

$

21.16