diff --git a/llvm/lib/Target/PowerPC/MCTargetDesc/PPCMCCodeEmitter.cpp b/llvm/lib/Target/PowerPC/MCTargetDesc/PPCMCCodeEmitter.cpp
--- a/llvm/lib/Target/PowerPC/MCTargetDesc/PPCMCCodeEmitter.cpp
+++ b/llvm/lib/Target/PowerPC/MCTargetDesc/PPCMCCodeEmitter.cpp
@@ -219,7 +219,8 @@
     Fixups.push_back(
         MCFixup::create(0, Expr,
                         static_cast<MCFixupKind>(PPC::fixup_ppc_pcrel34)));
-    // There is no offset to return so just return 0.
+    // Put zero in the location of the immediate. The linker will fill in the
+    // correct value based on the relocation.
     return 0;
   }
   case MCExpr::Binary: {
@@ -242,6 +243,7 @@
     const MCSymbolRefExpr *SRE = cast<MCSymbolRefExpr>(LHS);
     (void)SRE;
     const MCConstantExpr *CE = cast<MCConstantExpr>(RHS);
+    assert(isInt<34>(CE->getValue()) && "Value must fit in 34 bits.");
 
     // Currently these are the only valid PCRelative Relocations.
     assert((SRE->getKind() == MCSymbolRefExpr::VK_PCREL ||
@@ -251,9 +253,9 @@
     Fixups.push_back(
         MCFixup::create(0, Expr,
                         static_cast<MCFixupKind>(PPC::fixup_ppc_pcrel34)));
-    assert(isInt<34>(CE->getValue()) && "Value must fit in 34 bits.");
-    // Return the offset that should be added to the relocation by the linker.
-    return (CE->getValue() & 0x3FFFFFFFFUL) | RegBits;
+    // Put zero in the location of the immediate. The linker will fill in the
+    // correct value based on the relocation.
+    return 0;
     }
   }
 }
diff --git a/llvm/test/CodeGen/PowerPC/pcrel-relocation-plus-offset.ll b/llvm/test/CodeGen/PowerPC/pcrel-relocation-plus-offset.ll
--- a/llvm/test/CodeGen/PowerPC/pcrel-relocation-plus-offset.ll
+++ b/llvm/test/CodeGen/PowerPC/pcrel-relocation-plus-offset.ll
@@ -16,7 +16,7 @@
 ; CHECK-S-NEXT:    plwa r3, array2@PCREL+28(0), 1
 ; CHECK-S-NEXT:    blr
 ; CHECK-O-LABEL: <getElementLocal7>:
-; CHECK-O:         00 00 10 04 1c 00 60 a4       plwa 3, 28(0), 1
+; CHECK-O:         00 00 10 04 00 00 60 a4       plwa 3, 0(0), 1
 ; CHECK-O-NEXT:    0000000000000000:  R_PPC64_PCREL34      array2+0x1c
 ; CHECK-O-NEXT:    20 00 80 4e                   blr
 entry:
@@ -30,7 +30,7 @@
 ; CHECK-S-NEXT:    plwa r3, array2@PCREL-8(0), 1
 ; CHECK-S-NEXT:    blr
 ; CHECK-O-LABEL: <getElementLocalNegative>:
-; CHECK-O:         ff ff 13 04 f8 ff 60 a4       plwa 3, -8(0), 1
+; CHECK-O:         00 00 10 04 00 00 60 a4       plwa 3, 0(0), 1
 ; CHECK-O-NEXT:    0000000000000020:  R_PPC64_PCREL34      array2-0x8
 ; CHECK-O-NEXT:    20 00 80 4e                   blr
 entry: