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Earnings Per Share
 3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic and diluted earnings per share are based on the weighted average number of shares of common stock and potential common stock outstanding during the period. Potential common stock, for purposes of determining diluted earnings per share, includes the effects of dilutive RSUs and stock options. The effect of such potential common stock is computed using the treasury stock method.
The following table is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computation for income from continuing operations for the three months ended March 31, 2019 and 2018, where income represents the numerator and weighted average shares represent the denominator.
Three Months Ended March 31,
2019
 
2018
(in millions, except per share data)
Income
 
Shares
 
$ per Share
 
Income
 
Shares
 
$ per Share
 
 
 
 
 
 
 
 
 
 
 
 
BASIC EARNINGS PER SHARE
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations attributable to The AES Corporation common stockholders
$
154

 
663

 
$
0.23

 
$
685

 
661

 
$
1.04

EFFECT OF DILUTIVE SECURITIES
 
 
 
 
 
 
 
 
 
 
 
Stock options
—

 
1

 
—

 
—

 
—

 
—

Restricted stock units
—

 
3

 
—

 
—

 
2

 
(0.01
)
DILUTED EARNINGS PER SHARE
$
154

 
667

 
$
0.23

 
$
685

 
663

 
$
1.03


The calculation of diluted earnings per share excluded stock awards which would be anti-dilutive. The calculation of diluted earnings per share excluded 1 million and 6 million stock awards outstanding for the three months ended March 31, 2019 and 2018, respectively, that could potentially dilute basic earnings per share in the future.