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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
PG&E Corporation’s basic EPS is calculated by dividing the income (loss) 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 (loss) available for common shareholders and weighted average common shares outstanding for calculating diluted EPS for 2022, 2021, and 2020.
 Year Ended December 31,
(in millions, except per share amounts)202220212020
Income (loss) available for common shareholders$1,800 $(102)$(1,318)
Weighted average common shares outstanding, basic1,987 1,985 1,257 
Add incremental shares from assumed conversions:
Employee share-based compensation
— — 
Equity Units137 — — 
Weighted average common shares outstanding, diluted2,132 1,985 1,257 
Total earnings (loss) per common share, diluted$0.84 $(0.05)$(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.