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Earnings Per Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share
4. Earnings Per Share
 
(PPL)
 
Basic EPS is computed by dividing income available to PPL common shareowners by the weighted-average number of common shares outstanding during the applicable period. Diluted EPS is computed by dividing income available to PPL common shareowners by the weighted-average number of common shares outstanding, increased by the number of incremental shares that would be outstanding if potentially dilutive share-based payment awards were converted to common shares as calculated using the Two-Class Method or Treasury Stock Method. Incremental non-participating securities that have a dilutive impact are detailed in the table below.
 
Reconciliations of the amounts of income and shares of PPL common stock (in thousands) for the periods ended June 30 used in the EPS calculation are:
 Three MonthsSix Months
 2024202320242023
Income (Numerator)    
Net income attributable to PPL$190 $112 $497 $397 
Less amounts allocated to participating securities— 
Net income available to PPL common shareowners - Basic and Diluted$189 $112 $496 $396 
Shares of Common Stock (Denominator)    
Weighted-average shares - Basic EPS737,748 737,075 737,630 736,953 
Add: Dilutive share-based payment awards (a)1,815 1,102 1,561 985 
Weighted-average shares - Diluted EPS739,563 738,177 739,191 737,938 
Basic and Diluted EPS    
Net Income available to PPL common shareowners$0.26 $0.15 $0.67 $0.54 

(a)    The Treasury Stock Method was applied to non-participating share-based payment awards.

For the periods ended June 30, the following shares (in thousands) were excluded from the computations of diluted EPS because the effect would have been antidilutive.
 Three MonthsSix Months
2024202320242023
Stock-based compensation awards— 258 — 396