Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information (Unaudited) [Line Items]

Quarterly Financial Information (Unaudited)

QUARTERLY FINANCIAL, COMMON STOCK PRICE AND DIVIDEND DATA (Unaudited)
PPL Corporation and Subsidiaries
(Millions of Dollars, except per share data)
			For the Quarters Ended (a)
			March 31		June 30		Sept. 30		Dec. 31
2013
Operating revenues			$	2,457	$	3,450	$	3,105	$	2,848
Operating income (e)				693		758		857		31
Income (loss) from continuing operations after income taxes (e)				413		404		410		(98)
Income (loss) from discontinued operations						1		1
Net income (loss) (e)				413		405		411		(98)
Net income (loss) attributable to PPL (e)				413		405		410		(98)
Income (loss) from continuing operations after income taxes available to
	PPL common shareowners: (b) (e)
		Basic EPS		0.70		0.68		0.65		(0.16)
		Diluted EPS (d)		0.65		0.63		0.62		(0.16)
Net income (loss) available to PPL common shareowners: (b) (e)
		Basic EPS		0.70		0.68		0.65		(0.16)
		Diluted EPS (d)		0.65		0.63		0.62		(0.16)
Dividends declared per share of common stock (c)				0.3675		0.3675		0.3675		0.3675
Price per common share:
		High	$	31.35	$	33.55	$	32.09	$	31.79
		Low		28.64		28.44		29.03		28.95
2012
Operating revenues			$	4,112	$	2,549	$	2,403	$	3,222
Operating income				1,051		572		664		822
Income from continuing operations after income taxes				545		277		355		360
Income (loss) from discontinued operations						(6)
Net income				545		271		355		360
Net income attributable to PPL				541		271		355		359
Income from continuing operations after income taxes available to
	PPL common shareowners: (b)
		Basic EPS		0.93		0.47		0.61		0.61
		Diluted EPS		0.93		0.47		0.61		0.60
Net income available to PPL common shareowners: (b)
		Basic EPS		0.93		0.46		0.61		0.61
		Diluted EPS		0.93		0.46		0.61		0.60
Dividends declared per share of common stock (c)				0.360		0.360		0.360		0.360
Price per common share:
		High	$	29.85	$	28.44	$	29.98	$	30.18
		Low		27.29		26.68		27.72		27.74

(a)Quarterly results can vary depending on, among other things, weather and the forward pricing of power. Accordingly, comparisons among quarters of a year may not be indicative of overall trends and changes in operations.

(b)The sum of the quarterly amounts may not equal annual earnings per share due to changes in the number of common shares outstanding during the year or rounding.

(c)PPL has paid quarterly cash dividends on its common stock in every year since 1946. Future dividends, declared at the discretion of the Board of Directors, will be dependent upon future earnings, cash flows, financial requirements and other factors.

(d)As a result of a reported loss, diluted earnings per share for the three months ended December 31, 2013 exclude incremental shares as they were anti-dilutive.

(e)Fourth quarter of 2013 includes a charge for the termination of the lease of the Colstrip coal-fired electric generating facility in Montana. See Note 8 to the Financial Statements for additional information.

PPL Electric Utilities Corp [Member]

Quarterly Financial Information (Unaudited) [Line Items]

Quarterly Financial Information (Unaudited)

QUARTERLY FINANCIAL DATA (Unaudited)
PPL Electric Utilities Corporation and Subsidiaries
(Millions of Dollars)
	For the Quarters Ended (a)
		March 31		June 30		Sept. 30		Dec. 31
2013
Operating revenues	$	513	$	414	$	464	$	479
Operating income		121		92		105		101
Net income		64		45		51		49
Net income available to PPL		64		45		51		49
2012
Operating revenues	$	458	$	404	$	444	$	457
Operating income		79		63		71		81
Net income		37		29		33		37
Net income available to PPL		33		29		33		37

(a)PPL Electric's business is seasonal in nature, with peak sales periods generally occurring in the winter and summer months. Accordingly, comparisons among quarters of a year may not be indicative of overall trends and changes in operations.