XML 153 R84.htm IDEA: XBRL DOCUMENT v3.22.0.1
Stock-Based Compensation (Details)
12 Months Ended
Dec. 31, 2021
USD ($)
Integer
$ / shares
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
shares
All Plans [Member] | Restricted Shares And Units [Member]      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]      
Nonvested, beginning of period (in shares) 896,336    
Granted (in shares) 458,610    
Vested (in shares) (303,890)    
Forfeited (in shares) (46,473)    
Nonvested, end of period (in shares) 1,004,583 896,336  
Awards, Equity Instruments Other than Options, additional disclosures (Details) [Abstract]      
Weighted-average grant date fair value per share, nonvested, beginning of period (in dollars per share) | $ / shares $ 32.56    
Weighted-average grant date fair value per share, granted (in dollars per share) | $ / shares 28.00 $ 35.30 $ 31.95
Weighted-average grant date fair value per share, vested (in dollars per share) | $ / shares 30.57    
Weighted-average grant date fair value per share, forfeited (in dollars per share) | $ / shares 30.23    
Weighted-average grant date fair value per share, nonvested - end of period (in dollars per share) | $ / shares $ 31.19 $ 32.56  
Total fair value of units vested during the period | $ $ 8,000,000 $ 19,000,000 $ 13,000,000
Fair value assumptions and methodology [Abstract]      
Award vesting period (in years) 3 years    
All Plans [Member] | Total Shareowner Return Performance Units [Member]      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]      
Nonvested, beginning of period (in shares) 626,254    
Granted (in shares) 306,009    
Vested (in shares) (53,340) 0 0
Forfeited (in shares) (245,150)    
Nonvested, end of period (in shares) 633,773 626,254  
Awards, Equity Instruments Other than Options, additional disclosures (Details) [Abstract]      
Weighted-average grant date fair value per share, nonvested, beginning of period (in dollars per share) | $ / shares $ 36.98    
Weighted-average grant date fair value per share, granted (in dollars per share) | $ / shares 32.44 $ 37.63 $ 35.83
Weighted-average grant date fair value per share, vested (in dollars per share) | $ / shares 34.47    
Weighted-average grant date fair value per share, forfeited (in dollars per share) | $ / shares 37.75    
Weighted-average grant date fair value per share, nonvested - end of period (in dollars per share) | $ / shares $ 34.68 $ 36.98  
Total fair value of units vested during the period | $ $ 2,000,000    
Period over which performance units fair value is recognized (in years) 3 years    
Maximum payout percentage of target award 200.00%    
Fair value assumptions and methodology [Abstract]      
Expected option life (in years) 3 years 3 years 3 years
Expected stock volatility 27.81% 15.64% 17.57%
All Plans [Member] | Total Shareowner Return Performance Units [Member] | Retirement Eligible [Member]      
Awards, Equity Instruments Other than Options, additional disclosures (Details) [Abstract]      
Period over which performance units fair value is recognized (in years) 1 year    
All Plans [Member] | Total Shareowner Return Performance Units [Member] | Not Retirement Eligible [Member]      
Awards, Equity Instruments Other than Options, additional disclosures (Details) [Abstract]      
Period over which performance units fair value is recognized (in years) 3 years    
Minimum period after which employee stock options become exercisable (in years) 1 year    
All Plans [Member] | Return On Equity Performance Units [Member]      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]      
Nonvested, beginning of period (in shares) 728,664    
Granted (in shares) 572,571    
Vested (in shares) (570,722)    
Forfeited (in shares) (8,160)    
Nonvested, end of period (in shares) 722,353 728,664  
Awards, Equity Instruments Other than Options, additional disclosures (Details) [Abstract]      
Weighted-average grant date fair value per share, nonvested, beginning of period (in dollars per share) | $ / shares $ 32.81    
Weighted-average grant date fair value per share, granted (in dollars per share) | $ / shares 30.08 $ 34.95 $ 30.89
Weighted-average grant date fair value per share, vested (in dollars per share) | $ / shares 32.02    
Weighted-average grant date fair value per share, forfeited (in dollars per share) | $ / shares 30.44    
Weighted-average grant date fair value per share, nonvested - end of period (in dollars per share) | $ / shares $ 31.28 $ 32.81  
Total fair value of units vested during the period | $ $ 16,000,000 $ 8,000,000  
Period over which performance units fair value is recognized (in years) 3 years    
Maximum payout percentage of target award 200.00%    
All Plans [Member] | Stock Options [Member]      
Stock option activity [Roll Forward]      
Outstanding at beginning of period (in shares) 1,103,016    
Exercised (in shares) (337,014)    
Weighted average remaining contractual term (in years) 1 year    
Outstanding at end of period (in shares) 766,002 1,103,016  
Stock options - additional disclosures [Abstract]      
Period after which, employee stock options expire (in years) 10 years    
Weighted-average exercise price per share at beginning of period (in dollars per share) | $ / shares $ 26.22    
Weighted average exercise price per share, exercised (in dollars per share) | $ / shares 25.42    
Weighted average exercise price per share at end of period (in dollars per share) | $ / shares $ 26.57 $ 26.22  
Aggregate total intrinsic value | $ $ 3,000,000    
Cash received from exercise of stock options | $ 10,000,000 $ 8,000,000 $ 53,000,000
Total intrinsic value of stock options exercised | $     11,000,000
All Plans [Member] | All Awards [Member]      
Aggregate disclosures [Abstract]      
Compensation expense | $ 34,000,000 28,000,000 35,000,000
Income tax benefit | $ 10,000,000 $ 8,000,000 $ 10,000,000
Unrecognized compensation expense | $ $ 19,000,000    
Weighted-average period for recognition | Integer 1.7    
Stock Incentive Plan [Member]      
Stock-Based Compensation [Line Items]      
Maximum number of shares approved for awards under the plan (in shares) 15,000,000    
Annual grant limit options (in shares) 2,000,000    
Annual grant limit for individual participants - performance based awards (in shares) 750,000    
Annual grant limit for individual participants - performance based awards | $ $ 15,000,000    
Incentive Compensation Plan For Key Employees [Member]      
Stock-Based Compensation [Line Items]      
Maximum number of shares approved for awards under the plan (in shares) 14,199,796    
Annual grant limit total as % of PPL outstanding PPL common stock on first day of each calendar year 2.00%    
Annual grant limit options (in shares) 3,000,000    
PPL Electric Utilities Corp [Member] | All Plans [Member] | Restricted Shares And Units [Member]      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]      
Nonvested, beginning of period (in shares) 210,720    
Transfer between registrants (92,596)    
Granted (in shares) 51,587    
Vested (in shares) (32,266)    
Forfeited (in shares) (6,158)    
Nonvested, end of period (in shares) 131,287 210,720  
Awards, Equity Instruments Other than Options, additional disclosures (Details) [Abstract]      
Weighted-average grant date fair value per share, nonvested, beginning of period (in dollars per share) | $ / shares $ 32.73    
Weighted-average grant date fair value per share, transfer between registrants (in dollars per share) | $ / shares 32.99    
Weighted-average grant date fair value per share, granted (in dollars per share) | $ / shares 27.96 $ 35.37 $ 32.33
Weighted-average grant date fair value per share, vested (in dollars per share) | $ / shares 29.98    
Weighted-average grant date fair value per share, forfeited (in dollars per share) | $ / shares 32.16    
Weighted-average grant date fair value per share, nonvested - end of period (in dollars per share) | $ / shares $ 31.50 $ 32.73  
Total fair value of units vested during the period | $ $ 1,000,000 $ 3,000,000 $ 2,000,000
Fair value assumptions and methodology [Abstract]      
Award vesting period (in years) 3 years    
PPL Electric Utilities Corp [Member] | All Plans [Member] | Total Shareowner Return Performance Units [Member]      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]      
Nonvested, beginning of period (in shares) 61,807    
Transfer between registrants (53,663)    
Granted (in shares) 10,010    
Forfeited (in shares) (2,800)    
Nonvested, end of period (in shares) 15,354 61,807  
Awards, Equity Instruments Other than Options, additional disclosures (Details) [Abstract]      
Weighted-average grant date fair value per share, nonvested, beginning of period (in dollars per share) | $ / shares $ 37.44    
Weighted-average grant date fair value per share, transfer between registrants (in dollars per share) | $ / shares 37.42    
Weighted-average grant date fair value per share, granted (in dollars per share) | $ / shares 32.92 $ 38.64 $ 35.68
Weighted-average grant date fair value per share, forfeited (in dollars per share) | $ / shares 38.47    
Weighted-average grant date fair value per share, nonvested - end of period (in dollars per share) | $ / shares $ 34.36 $ 37.44  
Period over which performance units fair value is recognized (in years) 3 years    
Maximum payout percentage of target award 200.00%    
PPL Electric Utilities Corp [Member] | All Plans [Member] | Total Shareowner Return Performance Units [Member] | Retirement Eligible [Member]      
Awards, Equity Instruments Other than Options, additional disclosures (Details) [Abstract]      
Period over which performance units fair value is recognized (in years) 1 year    
PPL Electric Utilities Corp [Member] | All Plans [Member] | Total Shareowner Return Performance Units [Member] | Not Retirement Eligible [Member]      
Awards, Equity Instruments Other than Options, additional disclosures (Details) [Abstract]      
Period over which performance units fair value is recognized (in years) 3 years    
Minimum period after which employee stock options become exercisable (in years) 1 year    
PPL Electric Utilities Corp [Member] | All Plans [Member] | Return On Equity Performance Units [Member]      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]      
Nonvested, beginning of period (in shares) 61,807    
Transfer between registrants (53,663)    
Granted (in shares) 12,895    
Vested (in shares) (5,685)    
Nonvested, end of period (in shares) 15,354 61,807  
Awards, Equity Instruments Other than Options, additional disclosures (Details) [Abstract]      
Weighted-average grant date fair value per share, nonvested, beginning of period (in dollars per share) | $ / shares $ 33.01    
Weighted-average grant date fair value per share, transfer between registrants (in dollars per share) | $ / shares 33.00    
Weighted-average grant date fair value per share, granted (in dollars per share) | $ / shares 29.39 $ 35.59 $ 30.76
Weighted-average grant date fair value per share, vested (in dollars per share) | $ / shares 32.27    
Weighted-average grant date fair value per share, nonvested - end of period (in dollars per share) | $ / shares $ 30.27 $ 33.01  
Total fair value of units vested during the period | $ $ 0 $ 1,000,000  
Period over which performance units fair value is recognized (in years) 3 years    
Maximum payout percentage of target award 200.00%    
PPL Electric Utilities Corp [Member] | All Plans [Member] | Performance Units [Member]      
Fair value assumptions and methodology [Abstract]      
Expected option life (in years) 3 years 3 years 3 years
Expected stock volatility 27.81% 15.64% 17.57%
PPL Electric Utilities Corp [Member] | All Plans [Member] | Stock Options [Member]      
Stock options - additional disclosures [Abstract]      
Period after which, employee stock options expire (in years) 10 years    
PPL Electric Utilities Corp [Member] | All Plans [Member] | All Awards [Member]      
Aggregate disclosures [Abstract]      
Compensation expense | $ $ 11,000,000 $ 10,000,000 $ 12,000,000
Income tax benefit | $ 3,000,000 $ 3,000,000 $ 3,000,000
Unrecognized compensation expense | $ $ 2,000,000    
Weighted-average period for recognition | Integer 1.8    
PPL Electric Utilities Corp [Member] | Stock Incentive Plan [Member]      
Stock-Based Compensation [Line Items]      
Maximum number of shares approved for awards under the plan (in shares) 15,000,000    
Annual grant limit options (in shares) 2,000,000    
Annual grant limit for individual participants - performance based awards (in shares) 750,000    
Annual grant limit for individual participants - performance based awards | $ $ 15,000,000    
PPL Electric Utilities Corp [Member] | Incentive Compensation Plan For Key Employees [Member]      
Stock-Based Compensation [Line Items]      
Maximum number of shares approved for awards under the plan (in shares) 14,199,796    
Annual grant limit total as % of PPL outstanding PPL common stock on first day of each calendar year 2.00%    
Annual grant limit options (in shares) 3,000,000