EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2018

PG&E Corporation’s basic EPS are calculated by dividing the income available for common shareholders by the weighted average number of common shares outstanding. PG&E Corporation applies the treasury stock method of reflecting the dilutive effect of outstanding share-based compensation in the calculation of diluted EPS. The following is a reconciliation of PG&E Corporation’s income available for common shareholders and weighted average common shares outstanding for calculating diluted EPS:



	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions, except per share amounts)	2018		2017		2018		2017
Income available for common shareholders	$	564	$	550	$	22	$	1,532
Weighted average common shares outstanding, basic	517		513		516		511
Add incremental shares from assumed conversions:
Employee share-based compensation	—		3		1		3
Weighted average common shares outstanding, diluted	517		516		517		514
Total earnings per common share, diluted	$	1.09	$	1.07	$	0.04	$	2.98

For each of the periods presented above, the calculation of outstanding common shares on a diluted basis excluded an insignificant amount of options and securities that were antidilutive.