Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2011

Earnings Per Share [Abstract]

Basic and Diluted EPS Computations

Reconciliations of the amounts of income and shares of PPL common stock (in thousands) for the periods ended December31 used in the EPS calculation are:

		2011		2010		2009
Income (Numerator)
Income from continuing operations after income taxes attributable to PPL		$	1,493	$	955	$	414
Less amounts allocated to participating securities			6		4		2
Income from continuing operations after income taxes available to PPL common shareowners		$	1,487	$	951	$	412
Income (loss) from discontinued operations (net of income taxes) available to PPL		$	2	$	(17)	$	(7)
Net income attributable to PPL		$	1,495	$	938	$	407
Less amounts allocated to participating securities			6		4		2
Net income available to PPL common shareowners		$	1,489	$	934	$	405
Shares of Common Stock (Denominator)
Weighted-average shares - Basic EPS			550,395		431,345		376,082
Add incremental non-participating securities:
	Stock options and performance units		400		224		324
	2010 Purchase Contracts		157
Weighted-average shares - Diluted EPS			550,952		431,569		376,406
Basic EPS
Available to PPL common shareowners:
	Income from continuing operations after income taxes	$	2.70	$	2.21	$	1.10
	Income (loss) from discontinued operations (net of income taxes)		0.01		(0.04)		(0.02)
Net Income		$	2.71	$	2.17	$	1.08
Diluted EPS
Available to PPL common shareowners:
	Income from continuing operations after income taxes	$	2.70	$	2.20	$	1.10
	Income (loss) from discontinued operations (net of income taxes)				(0.03)		(0.02)
Net Income		$	2.70	$	2.17	$	1.08

Antidilutive Securities Excluded From Diluted EPS

The following stock options to purchase PPL common stock and performance units were excluded from the computations of diluted EPS because the effect would have been antidilutive.

(Shares in thousands)	2011		2010		2009
Stock options		5,084		4,936		2,394
Performance units		2		45		1