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Earnings Per Share
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
EPS is calculated by dividing earnings attributable to FE by the weighted average number of common shares outstanding.

Basic EPS is computed using the weighted average number of common shares outstanding during the relevant period as the denominator. The denominator for diluted EPS of common stock reflects the weighted average of common shares outstanding
plus the potential additional common shares that could result if dilutive securities and other agreements to issue common stock were exercised.

Diluted EPS reflects the dilutive effect of potential common shares from share-based awards. The dilutive effect of outstanding share-based awards was computed using the treasury stock method, which assumes any proceeds that could be obtained upon the exercise of the award would be used to purchase common stock at the average market price for the period.

The following table reconciles basic and diluted EPS attributable to FE:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
Reconciliation of Basic and Diluted EPS2022202120222021
(In millions, except per share amounts)
Earnings attributable to FE - continuing operations $334 $416 $809 $809 
Earnings attributable to FE - discontinued operations, net of tax — 47 — 47 
Earnings attributable to FE $334 $463 $809 $856 
Share count information:
Weighted average number of basic shares outstanding571 544 571 544 
Assumed exercise of dilutive stock options and awards1 1 1 1 
Weighted average number of diluted shares outstanding572 545 572 545 
EPS Attributable to FE:
Income from continuing operations, basic$0.58 $0.76 $1.42 $1.48 
Discontinued operations, basic — 0.09 — 0.09 
Basic EPS $0.58 $0.85 $1.42 $1.57 
Income from continuing operations, basic$0.58 $0.76 $1.41 $1.48 
Discontinued operations, basic— 0.09 — 0.09 
Diluted EPS $0.58 $0.85 $1.41 $1.57 
For the three and nine months ended September 30, 2022 and 2021, no shares from stock options and awards were excluded from the calculation of diluted shares outstanding, as their inclusion would have been antidilutive.