Earnings Per Share

6 Months Ended

Jun. 30, 2017

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, 2017 and 2016 (dollars and shares in millions, except per share amounts):


	Quarter				Six Months
	2017		2016		2017		2016
Net income attributable to HCA Healthcare, Inc.	$	657	$	658	$	1,316	$	1,352

Weighted average common shares outstanding		365.847		386.406		368.056		391.401
Effect of dilutive incremental shares		9.491		12.253		9.591		13.216

Shares used for diluted earnings per share		375.338		398.659		377.647		404.617

Earnings per share:
Basic earnings per share	$	1.79	$	1.70	$	3.58	$	3.45
Diluted earnings per share	$	1.75	$	1.65	$	3.48	$	3.34