Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2018

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 December 31, used in the EPS calculation are:

	2018		2017		2016
Income (Numerator)
Net income	$	1,827	$	1,128	$	1,902
Less amounts allocated to participating securities	2		2		6
Net income available to PPL common shareowners - Basic and Diluted	$	1,825	$	1,126	$	1,896
Shares of Common Stock (Denominator)
Weighted-average shares - Basic EPS	704,439		685,240		677,592
Add incremental non-participating securities:
Share-based payment awards (a)	445		2,094		2,854
Forward sale agreements	3,735		—		—
Weighted-average shares - Diluted EPS	708,619		687,334		680,446
Basic EPS
Net Income available to PPL common shareowners	$	2.59	$	1.64	$	2.80
Diluted EPS
Net Income available to PPL common shareowners	$	2.58	$	1.64	$	2.79

(a) The Treasury Stock Method was applied to non-participating share-based payment awards.

Common Stock Issuances

For the year ended December 31, PPL issued common stock related to stock-based compensation plans and DRIP as follows (in thousands):

	2018
Stock-based compensation plans (a)	720
DRIP	1,974

(a) Includes stock options exercised, vesting of performance units, vesting of restricted stock and restricted stock units and conversion of stock units granted to directors.

Antidilutive Securities Excluded From Diluted EPS

For the years ended December 31, the following shares (in thousands) were excluded from the computations of diluted EPS because the effect would have been antidilutive:

	2018	2017	2016
Stock options	172	696	696
Performance units	—	—	176
Restricted stock units	11	—	—