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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
PG&E Corporation’s basic EPS is 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)2022202120222021
Income available for common shareholders$356 $397 $831 $517 
Weighted average common shares outstanding, basic1,987 1,985 1,987 1,985 
Add incremental shares from assumed conversions:
Employee share-based compensation
Equity Units146 156 146 156 
Weighted average common shares outstanding, diluted2,141 2,146 2,141 2,146 
Total income per common share, diluted$0.17 $0.18 $0.39 $0.24 

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.