Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2012

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 three months ended March 31used in the EPS calculation are:

		2012		2011
Income (Numerator)
Income from continuing operations after income taxes attributable to PPL		$	541	$	398
Less amounts allocated to participating securities			3		2
Income from continuing operations after income taxes available to PPL common shareowners		$	538	$	396
Income (loss) from discontinued operations (net of income taxes) available to PPL		$		$	3
Net income attributable to PPL		$	541	$	401
Less amounts allocated to participating securities			3		2
Net income available to PPL common shareowners		$	538	$	399
Shares of Common Stock (Denominator)
Weighted-average shares - Basic EPS			579,041		484,138
Add incremental non-participating securities:
	Stock options and performance units		486		207
Weighted-average shares - Diluted EPS			579,527		484,345
Basic EPS
Available to PPL common shareowners:
	Income from continuing operations after income taxes	$	0.93	$	0.82
	Net Income	$	0.93	$	0.82
Diluted EPS
Available to PPL common shareowners:
	Income from continuing operations after income taxes	$	0.93	$	0.82
	Net Income	$	0.93	$	0.82

Antidilutive Securities Excluded From Diluted EPS

For the three months ended March 31, 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)	2012		2011
Stock options		5,682		6,614
Performance units		195		6