v3.26.3
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Diluted, by Common Class, Including Two Class Method 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 September 30,Nine Months Ended September 30,
(in millions, except per share amounts)2026202520262025
Numerator
Income available for common shareholders, basic$749 $823 $2,340 $1,951 
Plus: Mandatory Convertible Preferred Stock dividends24 24 72 — 
Income available for common shareholders, diluted$773 $847 $2,412 $1,951 
Denominator
Weighted average common shares outstanding, basic(1)
2,202 2,198 2,201 2,197 
Dilutive effect of Employee stock-based compensation5 5 5 5 
Dilutive effect of Mandatory Convertible Preferred Stock78 78 78 — 
Weighted average common shares outstanding, diluted2,285 2,281 2,284 2,202 
Total income per common share:
Basic$0.34 $0.37 $1.06 $0.89 
Diluted$0.34 $0.37 $1.06 $0.89 
(1) Excludes 477,743,590 shares of PG&E Corporation common stock held by the Utility.