Earnings Per Share

12 Months Ended

Dec. 31, 2014

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 stock options, SARs and RSUs, computed using the treasury stock method. During November 2013, May 2014 and the fourth quarter of 2014, we repurchased 10,656,436 shares, 14,554,628 shares and 14,028,591 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, 2014, 2013 and 2012 (dollars in millions, except per share amounts, and shares in thousands):

	2014		2013		2012
Net income attributable to HCA Holdings, Inc	$	1,875	$	1,556	$	1,605
Weighted average common shares outstanding		435,668		445,066		440,178
Effect of dilutive incremental shares		14,684		16,847		19,225
Shares used for diluted earnings per share		450,352		461,913		459,403
Earnings per share:
Basic earnings per share	$	4.30	$	3.50	$	3.65
Diluted earnings per share	$	4.16	$	3.37	$	3.49