Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2018

Reconciliations of the amounts of income and shares of PPL common stock (in thousands) for the periods ended June 30 used in the EPS calculation are:



	Three Months				Six Months
	2018		2017		2018		2017
Income (Numerator)
Net income	$	515	$	292	$	967	$	695
Less amounts allocated to participating securities	—		—		1		1
Net income available to PPL common shareowners - Basic and Diluted	$	515	$	292	$	966	$	694

Shares of Common Stock (Denominator)
Weighted-average shares - Basic EPS	699,006		683,841		696,772		682,370
Add incremental non-participating securities:
Share-based payment awards	173		2,510		491		2,355
Forward sale agreements	1,797		—		898		—
Weighted-average shares - Diluted EPS	700,976		686,351		698,161		684,725

Basic EPS
Net Income available to PPL common shareowners	$	0.74	$	0.43	$	1.39	$	1.02

Diluted EPS
Net Income available to PPL common shareowners	$	0.73	$	0.43	$	1.38	$	1.01

Common Stock Issuances

For the periods ended June 30, PPL issued common stock related to stock-based compensation plans and the DRIP as follows (in thousands):



	Three Months		Six Months
	2018	2017	2018	2017
Stock-based compensation plans (a)	12	564	488	1,451
DRIP	526	369	1,011	814


(a)	Includes stock options exercised, vesting of performance units, vesting of restricted stock units and conversion of stock units granted to directors.

Antidilutive Securities Excluded From Diluted EPS

For the periods ended June 30, the following shares (in thousands) were excluded from the computations of diluted EPS because the effect would have been antidilutive.



	Three Months		Six Months
	2018	2017	2018	2017
Stock options	441	696	336	696
Restricted stock units	23	—	21	—