XML 53 R35.htm IDEA: XBRL DOCUMENT v3.22.2.2
Financing Activities (Tables)
 9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Line of Credit Facilities The following credit facilities were in place at:
 September 30, 2022December 31, 2021
 Expiration
Date		CapacityBorrowedLetters of
Credit
and
Commercial
Paper
Issued		Unused
Capacity		BorrowedLetters of
Credit
and
Commercial
Paper
Issued
PPL       
PPL Capital Funding (a)       
Syndicated Credit FacilityDec. 2026$1,250 $— $400 $850 $— $— 
Bilateral Credit FacilityMar. 2023100 — — 100 — — 
Bilateral Credit Facility (b)Mar. 2023100 — 60 40 — 15 
Total PPL Capital Funding Credit Facilities$1,450 $— $460 $990 $— $15 
PPL Electric        
Syndicated Credit FacilityDec. 2026$650 $— $1 $649 $— $1 
Term Loan Credit FacilityMar. 2024250 250 — — — — 
Total PPL Electric Credit Facilities$900 $250 $1 $649 $— $1 
LG&E      
Syndicated Credit FacilityDec. 2026$500 $— $110 $390 $— $69 
Term Loan Credit FacilityJul. 2024300 300 — — — — 
Total LG&E Credit Facilities$800 $300 $110 $390 $— $69 
KU       
Syndicated Credit FacilityDec. 2026$400 $— $— $400 $— $— 
Term Loan Credit FacilityJul. 2024300 300 — — — — 
Total KU Credit Facilities $700 $300 $— $400 $— $— 

(a)PPL Capital Funding's obligations are fully and unconditionally guaranteed by PPL.
(b)Includes a $45 million letter of credit on behalf of RIE.
Schedule of Short-term Debt The following commercial paper programs were in place at:
 September 30, 2022December 31, 2021
Weighted -
Average
Interest Rate		CapacityCommercial
Paper
Issuances		Unused
Capacity		Weighted -
Average
Interest Rate		Commercial
Paper
Issuances
PPL Capital Funding (a)2.50%$1,350 $400 $950 $— 
PPL Electric
650 — 650 — 
LG&E (b)2.51%500 110 390 0.31%69 
KU (c)400 — 400 — 
Total $2,900 $510 $2,390  $69 

(a)PPL Capital Funding's obligations are fully and unconditionally guaranteed by PPL.
(b)In August 2022, LG&E increased the size of their commercial paper program to $500 million.
(c)In August 2022, KU increased the size of their commercial paper program to $400 million.
Schedule of Long-term Debt Instruments The following was outstanding at September 30, 2022:
 Weighted-Average
Rate (a)		Maturities (a)September 30, 2022
RIE  
Senior Unsecured Notes4.10 %2028 - 2042$1,500 
Senior Secured Notes/First Mortgage Bonds (b)7.50 %2025 - 20253 
Total Long-term Debt before adjustments  1,503 
Unamortized debt issuance costs(6)
Total Long-term Debt1,497 
Less current portion of Long-term Debt1 
Total Long-term Debt, noncurrent$1,496 

(a)The table reflects principal maturities only, based on stated maturities or earlier put dates, and the weighted-average rates as of September 30, 2022.
(b)Includes first mortgage bonds with an annual sinking fund requirement of $750,000 through maturity in 2025.
Schedule of Maturities of Long-term Debt
The aggregate maturities of long-term debt, based on stated maturities or earlier put dates, for the periods 2022 through 2026 and thereafter are as follows:
RIE
2022$1 
20231 
20241 
20251 
2026— 
Thereafter1,499 
Total$1,503