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 and six months ended June 30, 2025 and 2024, where income represents the numerator and weighted average shares represent the denominator. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | 2025 | | 2024 | (in millions, except per share data) | Loss | | Shares | | $ per Share | | Income | | Shares | | $ per Share | | | | | | | | | | | | | BASIC EARNINGS PER SHARE | | | | | | | | | | | | Income (loss) from continuing operations attributable to The AES Corporation | $ | (95) | | | 712 | | | $ | (0.13) | | | $ | 276 | | | 711 | | | $ | 0.39 | | Decrease (increase) in redemption value of redeemable stock of subsidiaries | (10) | | | — | | | (0.02) | | | 6 | | | — | | | 0.01 | | Income (loss) available to The AES Corporation common stockholders | $ | (105) | | | 712 | | | $ | (0.15) | | | $ | 282 | | | 711 | | | $ | 0.40 | | | | | | | | | | | | | | EFFECT OF DILUTIVE SECURITIES | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Restricted stock units | — | | | — | | | — | | | — | | | 2 | | | (0.01) | | | Equity units | — | | | — | | | — | | | — | | | — | | | — | | DILUTED EARNINGS PER SHARE | $ | (105) | | | 712 | | | $ | (0.15) | | | $ | 282 | | | 713 | | | $ | 0.39 | | | | | | | | | | | | | |
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