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Earnings Per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

Note 6. Earnings Per Share

The following table presents the calculation of Dominion Energy’s basic and diluted EPS:

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

(millions, except EPS)

 

 

 

 

 

 

 

 

Net loss attributable to Dominion Energy

 

$

(270

)

 

$

(680

)

Preferred stock dividends (see Note 16)

 

 

(16

)

 

 

 

Net loss attributable to Dominion Energy – Basic & Diluted

 

 

(286

)

 

 

(680

)

Average shares of common stock outstanding – Basic & Diluted

 

 

838.2

 

 

 

793.1

 

Earnings Per Common Share – Basic & Diluted

 

$

(0.34

)

 

$

(0.86

)

 

As a result of a net loss for both the three months ended March 31, 2020 and 2019, the issuance of common stock under potentially-dilutive securities, as discussed in Note 8 to the Consolidated Financial Statements in the Companies’ Annual  Report on Form 10-K for the year ended December 31, 2019, was considered antidilutive and therefore excluded from the calculation of diluted EPS.