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Capital Structure
9 Months Ended
Sep. 30, 2017
Text Block [Abstract]  
Capital Structure

NOTE 10 — CAPITAL STRUCTURE

The changes in stockholders’ deficit, including changes in stockholders’ deficit attributable to HCA Healthcare, Inc. and changes in equity attributable to noncontrolling interests, are as follows (dollars and shares in millions):

 

    Equity (Deficit) Attributable to HCA Healthcare, Inc.     Equity
Attributable to
Noncontrolling
Interests
    Total  
    Common Stock     Capital in
Excess of
Par
Value
    Accumulated
Other
Comprehensive
Loss
    Retained
Deficit
     
    Shares     Par Value            

Balances at December 31, 2016

    370.536     $ 4     $     $ (338   $ (6,968   $ 1,669     $ (5,633

Comprehensive income

                      70       1,742       360       2,172  

Repurchase of common stock

    (17.847           (185           (1,290           (1,475

Distributions

                                  (363     (363

Share-based benefit plans

    4.291             188                         188  

Other

                (3                 48       45  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balances at September 30, 2017

    356.980     $ 4     $     $ (268   $ (6,516   $ 1,714     $ (5,066
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

During the nine months ended September 30, 2017, we repurchased 17.847 million shares of our common stock at an average price of $82.62 per share through market purchases pursuant to the $2.0 billion share repurchase program authorized during November 2016. At September 30, 2017, we had $379 million of repurchase authorization available under the November 2016 authorization. During October 2017, our board of directors authorized a share repurchase program for up to $2 billion of our outstanding common stock.

 

The components of accumulated other comprehensive loss are as follows (dollars in millions):

 

     Unrealized
Gains on
Available-
for-Sale
Securities
     Foreign
Currency
Translation
Adjustments
    Defined
Benefit
Plans
    Change
in Fair
Value of
Derivative
Instruments
    Total  

Balances at December 31, 2016

   $ 7      $ (211   $ (146   $ 12     $ (338

Unrealized gains on available-for-sale securities, net of $2 of income taxes

     3                          3  

Foreign currency translation adjustments, net of $34 of income taxes

            53                   53  

Change in fair value of derivative instruments, net of $3 income tax benefits

                        (6     (6

Expense reclassified into operations from other comprehensive income, net of $5 and $6, respectively, income tax benefits

                  9       11       20  
  

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Balances at September 30, 2017

   $ 10      $ (158   $ (137   $ 17     $ (268