XML 32 R16.htm IDEA: XBRL DOCUMENT v3.19.2
EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE

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 June 30,
 
Six Months Ended June 30,
(in millions, except per share amounts)
2019
 
2018
 
2019
 
2018
Loss attributable to common shareholders
$
(2,553
)
 
$
(984
)
 
$
(2,420
)
 
$
(542
)
Weighted average common shares outstanding, basic
529

 
516

 
528

 
516

Add incremental shares from assumed conversions:
 
 
 
 
 
 
 
Employee share-based compensation
—

 
—

 
—

 
1

Weighted average common shares outstanding, diluted
529

 
516

 
528

 
517

Total loss per common share, diluted
$
(4.83
)
 
$
(1.91
)
 
$
(4.58
)
 
$
(1.05
)


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.