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EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2025
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)2025202420252024
Income available for common shareholders$521 $520 $1,128 $1,252 
Weighted average common shares outstanding, basic(1)
2,198 2,137 2,196 2,136 
Add incremental shares from assumed conversions:
Employee share-based compensation5 5 5 5 
Weighted average common shares outstanding, diluted2,203 2,142 2,201 2,141 
Total income per common share, diluted$0.24 $0.24 $0.51 $0.58 
(1) Excludes 477,743,590 shares of PG&E Corporation common stock held by the Utility.

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. For the three and six months ended June 30, 2025, the calculation of outstanding common shares on a diluted basis excluded the impacts of the mandatory convertible preferred stock, which was antidilutive.