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Income Taxes | 12 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Income Taxes | NOTE 4 — INCOME TAXES The provision for income taxes consists of the following (dollars in millions):
|  | 2021 |  |  | 2020 |  |  | 2019 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 1,769 |  |  | $ | 1,021 |  |  | $ | 670 |
State |  |  | 311 |  |  |  | 126 |  |  |  | 134 |
Foreign |  |  | 15 |  |  |  | 5 |  |  |  | 17 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | 24 |  |  |  | (73 | ) |  |  | 254 |
State |  |  | (18 | ) |  |  | (39 | ) |  |  | 29 |
Foreign |  |  | 11 |  |  |  | 3 |  |  |  | (5 | )
|  | $ | 2,112 |  |  | $ | 1,043 |  |  | $ | 1,099 |
Our provision for income taxes for the years ended December 31, 2021, 2020 and 2019 included tax benefits of $119 million, $92 million and $65 million, respectively, related to the settlement of employee equity awards. Our foreign pretax income was $64 million, $9 million and $50 million for the years ended December 31, 2021, 2020 and 2019, respectively. A reconciliation of the federal statutory rate to the effective income tax rate follows:
|  | 2021 |  |  | 2020 |  |  | 2019 |
Federal statutory rate |  |  | 21.0 | % |  |  | 21.0 | % |  |  | 21.0 | %
State income taxes, net of federal tax benefit |  |  | 2.0 |  |  |  | 1.9 |  |  |  | 2.7 |
Change in liability for uncertain tax positions |  |  | 0.7 |  |  |  | (0.2 | ) |  |  | 0.4 |
Tax benefit from settlements of employee equity awards |  |  | (1.2 | ) |  |  | (1.8 | ) |  |  | (1.3 | )
Other items, net |  |  | 0.8 |  |  |  | 0.8 |  |  |  | 1.1 |
Effective income tax rate on income attributable to HCA Healthcare, Inc. |  |  | 23.3 |  |  |  | 21.7 |  |  |  | 23.9 |
Income attributable to noncontrolling interests from consolidated partnerships |  |  | (1.8 | ) |  |  | (2.5 | ) |  |  | (2.9 | )
Effective income tax rate on income before income taxes |  |  | 21.5 | % |  |  | 19.2 | % |  |  | 21.0 | %
A summary of the items comprising the deferred tax assets and liabilities at December 31 follows (dollars in millions):
|  | 2021 |  |  | 2020 |
|  | Assets |  |  | Liabilities |  |  | Assets |  |  | Liabilities |
Depreciation and fixed asset basis differences |  | $ | — |  |  | $ | 737 |  |  | $ | — |  |  | $ | 678 |
Allowances for professional liability and other risks |  |  | 426 |  |  |  | — |  |  |  | 407 |  |  |  | — |
Accounts receivable |  |  | 348 |  |  |  | — |  |  |  | 283 |  |  |  | — |
Compensation |  |  | 502 |  |  |  | — |  |  |  | 487 |  |  |  | — |
Right-of-use lease assets and obligations |  |  | 428 |  |  |  | 419 |  |  |  | 416 |  |  |  | 409 |
Other |  |  | 499 |  |  |  | 652 |  |  |  | 485 |  |  |  | 606 |
|  | $ | 2,203 |  |  | $ | 1,808 |  |  | $ | 2,078 |  |  | $ | 1,693 |
At December 31, 2021, federal and state net operating loss carryforwards (expiring in years 2024 through 2040) available to offset future taxable income approximated $31 million and $99 million, respectively. Utilization of net operating loss carryforwards in any one year may be limited. The following table summarizes the activity related to our unrecognized tax benefits (dollars in millions):
|  | 2021 |  |  | 2020 |
Balance at January 1 |  | $ | 469 |  |  | $ | 522 |
Additions based on tax positions related to the current year |  |  | 57 |  |  |  | (3 | )
Additions for tax positions of prior years |  |  | 66 |  |  |  | 13 |
Reductions for tax positions of prior years |  |  | (6 | ) |  |  | (30 | )
Settlements |  |  | (3 | ) |  |  | (22 | )
Lapse of applicable statutes of limitations |  |  | (7 | ) |  |  | (11 | )
Balance at December 31 |  | $ | 576 |  |  | $ | 469 |
Our liability for unrecognized tax benefits was $642 million, including accrued interest of $99 million and excluding $33 million that was recorded as reductions of the related deferred tax assets, as of December 31, 2021 ($508 million, $73 million and $34 million, respectively, as of December 31, 2020). Unrecognized tax benefits of $217 million as of December 31, 2021 ($157 million as of December 31, 2020) would affect the effective rate, if recognized. The Internal Revenue Service (“IRS”) was conducting an examination of the Company’s 2016, 2017 and 2018 federal income tax returns and the 2019 return for one affiliated partnership at December 31, 2021. We are also subject to examination by state and foreign taxing authorities. Depending on the resolution of any federal, state and foreign tax disputes, the completion of examinations by federal, state or foreign taxing authorities, or the expiration of statutes of limitation for specific taxing jurisdictions, we believe it is reasonably possible that our liability for unrecognized tax benefits may significantly increase or decrease within the next 12 months. However, we are currently unable to estimate the range of any possible change.

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 11.C) -URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 17 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 6.I.5.Q1) -URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 270 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -URI http://asc.fasb.org/topic&trid=2144680 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(2)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
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