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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock [Member]
Additional Paid-in Capital [Member]
Earnings Reinvested [Member]
Earnings Reinvested [Member]
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss [Member]
PPL Electric Utilities Corp [Member]
PPL Electric Utilities Corp [Member]
Common Stock [Member]
PPL Electric Utilities Corp [Member]
Additional Paid-in Capital [Member]
PPL Electric Utilities Corp [Member]
Earnings Reinvested [Member]
LG And E And KU Energy LLC [Member]
Louisville Gas And Electric Co [Member]
Louisville Gas And Electric Co [Member]
Common Stock [Member]
Louisville Gas And Electric Co [Member]
Additional Paid-in Capital [Member]
Louisville Gas And Electric Co [Member]
Earnings Reinvested [Member]
Kentucky Utilities Co [Member]
Kentucky Utilities Co [Member]
Common Stock [Member]
Kentucky Utilities Co [Member]
Additional Paid-in Capital [Member]
Kentucky Utilities Co [Member]
Earnings Reinvested [Member]
Dividends Declared Per Share of Common Stock (in dollars per share) $ 1.2375                                      
Balance at beginning of period - shares at Dec. 31, 2018     720,323,000 [1]           66,368,000 [2]         21,294,000 [3]       37,818,000 [4]    
Balance at beginning of period at Dec. 31, 2018 $ 11,657   $ 7 $ 11,021 $ 4,593   $ (3,964) $ 4,461 $ 364 $ 3,158 $ 939   $ 2,687 $ 424 $ 1,795 $ 468 $ 3,442 $ 308 $ 2,661 $ 473
Balance at beginning of period at Dec. 31, 2018                       $ 4,723                
Common stock shares issued [1]     1,984,000                                  
Common stock issued 61     61                                
Stock-based compensation 5     5                                
Net Income 1,382       1,382     333 [5]     333 388 [6] 188 [7]     188 237 [8]     237
Capital contributions from parent               400   400     25   25   68   68  
Dividends and dividend equivalents [9] (895)       (895)                              
Dividends declared on common stock               (276)     (276)   (130)     (130) (167)     (167)
Distributions to member                       (206)                
Other comprehensive income (loss) (308)           (308)         (2)                
Balance at end of period - shares at Sep. 30, 2019     722,307,000 [1]           66,368,000 [2]         21,294,000 [3]       37,818,000 [4]    
Balance at end of period at Sep. 30, 2019 $ 11,902   $ 7 11,087 5,080   (4,272) 4,918 $ 364 3,558 996   2,770 $ 424 1,820 526 3,580 $ 308 2,729 543
Balance at end of period at Sep. 30, 2019                       4,966                
Contributions from parent               400         25       68      
Proceeds from Contributed Capital                       63                
Contributions Made To Limited Liability Company LLC                       63                
Dividends Declared Per Share of Common Stock (in dollars per share) $ 0.4125                                      
Balance at beginning of period - shares at Jun. 30, 2019     721,840,000           66,368,000 [2]         21,294,000 [3]       37,818,000 [4]    
Balance at beginning of period at Jun. 30, 2019 $ 11,983   $ 7 11,069 4,903   (3,996) 4,461 $ 364 3,158 939   2,749 $ 424 1,820 505 3,561 $ 308 2,729 524
Balance at beginning of period at Jun. 30, 2019                       4,877                
Common stock shares issued     467,000                                  
Common stock issued 14     14                                
Stock-based compensation 4     4                                
Net Income 475       475     118 [5]     118 158 [6] 80 [7]     80 95 [8]     95
Capital contributions from parent               400   400                    
Dividends and dividend equivalents (298)       (298)                              
Dividends declared on common stock               (61)     (61)   (59)     (59) (76)     (76)
Distributions to member                       (69)                
Other comprehensive income (loss) (276)           (276)         0                
Balance at end of period - shares at Sep. 30, 2019     722,307,000 [1]           66,368,000 [2]         21,294,000 [3]       37,818,000 [4]    
Balance at end of period at Sep. 30, 2019 $ 11,902   $ 7 11,087 5,080   (4,272) $ 4,918 $ 364 3,558 996   $ 2,770 $ 424 1,820 526 $ 3,580 $ 308 2,729 543
Balance at end of period at Sep. 30, 2019                       4,966                
Dividends Declared Per Share of Common Stock (in dollars per share) $ 1.2450                                      
Balance at beginning of period - shares at Dec. 31, 2019 767,233,000   767,233,000 [1]         66,368,000 66,368,000 [2]       21,294,000 21,294,000 [3]     37,818,000 37,818,000 [4]    
Balance at beginning of period at Dec. 31, 2019 $ 12,991   $ 8 12,214 5,127   (4,358) $ 4,832 $ 364 3,558 910   $ 2,762 $ 424 1,820 518 $ 3,574 $ 308 2,729 537
Balance at beginning of period at Dec. 31, 2019                       4,942                
Common stock shares issued 0   1,564,000                                  
Common stock issued $ 48     48                                
Stock-based compensation (2)     (2)                                
Net Income 1,179       1,179     370 [5]     370 355 [6] 191 [7]     191 217 [8]     217
Capital contributions from parent               740   740     53   53   98   98  
Dividends and dividend equivalents [9] (959)       (959)                              
Dividends declared on common stock               $ (323)     (323)   $ (115)     (115) $ (145)     (145)
Distributions to member                       (194)                
Other comprehensive income (loss) $ 431           431         (1)                
Balance at end of period - shares at Sep. 30, 2020 768,797,000   768,797,000         66,368,000 66,368,000 [2]       21,294,000 21,294,000 [3]     37,818,000 37,818,000 [4]    
Balance at end of period at Sep. 30, 2020 $ 13,686   $ 8 12,260 5,345   (3,927) $ 4,874 $ 364 3,553 957   $ 2,891 $ 424 1,873 594 $ 3,744 $ 308 2,827 609
Balance at end of period at Sep. 30, 2020                       5,102                
Contributions from parent               740         53       98      
Proceeds from Contributed Capital                       0                
Return of Capital to Parent               (745)   (745)                    
Dividends Declared Per Share of Common Stock (in dollars per share) $ 0.4150                                      
Balance at beginning of period - shares at Jun. 30, 2020     768,783,000           66,368,000 [2]         21,294,000 [3]       37,818,000 [4]    
Balance at beginning of period at Jun. 30, 2020 $ 13,044   $ 8 12,255 5,383   (4,602) 4,817 $ 364 3,553 900   2,859 $ 424 1,873 562 3,655 $ 308 2,766 581
Balance at beginning of period at Jun. 30, 2020                       5,022                
Common stock shares issued     14,000                                  
Common stock issued 1     1                                
Stock-based compensation 4     4                                
Net Income 281       281     134 [5]     134 137 71 [7]     71 84 [8]     84
Capital contributions from parent               485   485             61   61  
Dividends and dividend equivalents (319)       (319)                              
Dividends declared on common stock               $ (77)     (77)   $ (39)     (39) $ (56)     (56)
Distributions to member                       (54)                
Other comprehensive income (loss) $ 675           675         (3)                
Balance at end of period - shares at Sep. 30, 2020 768,797,000   768,797,000         66,368,000 66,368,000 [2]       21,294,000 21,294,000 [3]     37,818,000 37,818,000 [4]    
Balance at end of period at Sep. 30, 2020 $ 13,686   $ 8 $ 12,260 $ 5,345   $ (3,927) $ 4,874 $ 364 3,553 $ 957   $ 2,891 $ 424 $ 1,873 $ 594 $ 3,744 $ 308 $ 2,827 $ 609
Balance at end of period at Sep. 30, 2020                       $ 5,102                
Return of Capital to Parent               $ (485)   $ (485)                    
Cumulative Effect of New Accounting Principle in Period of Adoption   $ (2)       $ (2)                            
[1] Shares in thousands. Each share entitles the holder to one vote on any question presented at any shareowners' meeting.
[2] Shares in thousands. All common shares of PPL Electric stock are owned by PPL.
[3] Shares in thousands. All common shares of LG&E stock are owned by LKE.
[4] Shares in thousands. All common shares of KU stock are owned by LKE.
[5] Net income equals comprehensive income.
[6] Net income approximates comprehensive income.
[7] Net income equals comprehensive income.
[8] Net income equals comprehensive income.
[9] Dividends declared per share of common stock were $0.4150 and $1.2450 for the three and nine months ended September 30, 2020 and $0.4125 and $1.2375 for the three and nine months ended September 30, 2019.