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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets, Current [Abstract]    
Cash and cash equivalents $ 353 $ 356
Accounts receivable (less reserve:)    
Customer 1,019 896
Other 49 150
Unbilled revenues 328 552
Fuel, materials and supplies 488 443
Prepayments 143 92
Regulatory Assets, Current 315 258
Other current assets 59 77
Total Current Assets 2,754 2,824
Property, Plant and Equipment    
Regulated utility plant 38,148 36,961
Less:  accumulated depreciation - regulated utility plant 8,976 8,352
Regulated utility plant, net 29,172 28,609
Non-regulated property, plant and equipment 70 92
Less:  accumulated depreciation - non-regulated property, plant and equipment 21 46
Non-regulated property, plant and equipment, net 49 46
Construction work in progress 1,849 1,583
Property, Plant and Equipment, net 31,070 30,238
Other Noncurrent Assets    
Regulatory assets 1,787 1,819
Goodwill 2,247 2,248
Other intangibles 307 313
Other noncurrent assets 464 395
Assets, Noncurrent 4,805 4,775
Total Assets 38,629 37,837
Current Liabilities    
Short-term debt 287 985
Long-term debt due within one year 91 354
Accounts payable 1,178 1,201
Taxes 109 124
Interest 220 97
Dividends 173 166
Regulatory liabilities 280 238
Other current liabilities 541 624
Liabilities, Current, Total 2,879 3,789
Long-term Debt, Unclassified [Abstract]    
Long-term Debt 14,484 12,889
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 3,049 3,007
Investment tax credits 114 117
Accrued pension obligations 199 206
Asset retirement obligations 140 138
Regulatory liabilities 3,384 3,412
Other deferred credits and noncurrent liabilities 368 361
Total Deferred Credits and Other Noncurrent Liabilities 7,254 7,241
Commitments and Contingent Liabilities
Equity    
Common stock [1] 8 8
Additional paid-in capital 12,319 12,317
Treasury Stock (948) (967)
Earnings reinvested 2,775 2,681
Accumulated other comprehensive loss (142) (124)
Total Shareowners' Common Equity 14,012 13,915
Noncontrolling interests 0 3
Total Equity 14,012 13,918
Total Liabilities and Equity 38,629 37,837
PPL Electric Utilities Corp [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 56 25
Accounts receivable (less reserve:)    
Other 6 12
Unbilled revenues 114 224
Notes Receivable from affiliates 0 0
Fuel, materials and supplies 102 69
Prepayments 63 34
Regulatory Assets, Current 52 13
Other current assets 32 22
Total Current Assets 876 759
Property, Plant and Equipment    
Regulated utility plant 15,323 14,794
Less:  accumulated depreciation - regulated utility plant 3,761 3,544
Regulated utility plant, net 11,562 11,250
Construction work in progress 664 593
Property, Plant and Equipment, net 12,226 11,843
Other Noncurrent Assets    
Regulatory assets 561 568
Other intangibles 268 269
Other noncurrent assets 138 126
Assets, Noncurrent 967 963
Total Assets 14,069 13,565
Current Liabilities    
Short-term debt 187 145
Long-term debt due within one year 90 340
Taxes 12 36
Interest 85 35
Regulatory liabilities 83 85
Other current liabilities 92 86
Liabilities, Current, Total 972 1,223
Long-term Debt, Unclassified [Abstract]    
Long-term Debt 4,566 4,146
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,576 1,514
Regulatory liabilities 838 820
Other deferred credits and noncurrent liabilities 92 111
Total Deferred Credits and Other Noncurrent Liabilities 2,506 2,445
Commitments and Contingent Liabilities
Equity    
Common stock [2] 364 364
Additional paid-in capital 4,209 4,084
Earnings reinvested 1,452 1,303
Total Equity 6,025 5,751
Total Liabilities and Equity 14,069 13,565
PPL Electric Utilities Corp [Member] | Related Party    
Accounts receivable (less reserve:)    
Customer 4 3
Current Liabilities    
Accounts payable 30 16
PPL Electric Utilities Corp [Member] | Nonrelated Party    
Accounts receivable (less reserve:)    
Customer 447 357
Current Liabilities    
Accounts payable 393 480
Louisville Gas And Electric Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 8 93
Accounts receivable (less reserve:)    
Other 20 13
Unbilled revenues 69 112
Fuel, materials and supplies 141 166
Prepayments 15 13
Regulatory Assets, Current 5 23
Other current assets 3 2
Total Current Assets 396 616
Property, Plant and Equipment    
Regulated utility plant 7,591 7,429
Less:  accumulated depreciation - regulated utility plant 1,495 1,355
Regulated utility plant, net 6,096 6,074
Construction work in progress 305 268
Property, Plant and Equipment, net 6,401 6,342
Other Noncurrent Assets    
Regulatory assets 380 373
Goodwill 389 389
Other intangibles 19 24
Other noncurrent assets 75 66
Assets, Noncurrent 863 852
Total Assets 7,660 7,810
Current Liabilities    
Short-term debt $ 0 $ 179
Notes Payable, Related Party, Type [Extensible Enumeration] Affiliated Entity [Member] Affiliated Entity [Member]
Notes Payable to affiliates $ 6 $ 0
Taxes 37 41
Price risk management liabilities current 0 1
Interest 44 15
Current Customer Deposits 34 32
Regulatory liabilities 23 7
Asset Retirement Obligation, Current 12 13
Other current liabilities 48 46
Liabilities, Current, Total 356 559
Long-term Debt, Unclassified [Abstract]    
Long-term Debt 2,404 2,307
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 781 771
Investment tax credits 31 31
Asset retirement obligations 74 73
Regulatory liabilities 830 833
Price risk management liabilities 3 6
Other deferred credits and noncurrent liabilities 61 64
Total Deferred Credits and Other Noncurrent Liabilities 1,780 1,778
Commitments and Contingent Liabilities
Equity    
Common stock [3] 424 424
Additional paid-in capital 1,946 2,087
Earnings reinvested 750 655
Total Equity 3,120 3,166
Total Liabilities and Equity 7,660 7,810
Louisville Gas And Electric Co [Member] | Related Party    
Accounts receivable (less reserve:)    
Customer 19 37
Current Liabilities    
Accounts payable 48 60
Louisville Gas And Electric Co [Member] | Nonrelated Party    
Accounts receivable (less reserve:)    
Customer 116 157
Current Liabilities    
Accounts payable 104 165
Kentucky Utilities Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 8 21
Accounts receivable (less reserve:)    
Customer 150 158
Other 10 13
Unbilled revenues 86 114
Fuel, materials and supplies 176 167
Prepayments 15 14
Regulatory Assets, Current 7 32
Other current assets 0 1
Total Current Assets 452 520
Property, Plant and Equipment    
Regulated utility plant 9,794 9,515
Less:  accumulated depreciation - regulated utility plant 2,404 2,201
Regulated utility plant, net 7,390 7,314
Construction work in progress 597 522
Property, Plant and Equipment, net 7,987 7,836
Other Noncurrent Assets    
Regulatory assets 442 442
Goodwill 607 607
Other intangibles 19 21
Other noncurrent assets 128 116
Assets, Noncurrent 1,196 1,186
Total Assets 9,635 9,542
Current Liabilities    
Short-term debt 25 101
Long-term debt due within one year $ 0 $ 13
Notes Payable, Related Party, Type [Extensible Enumeration] Affiliated Entity [Member] Affiliated Entity [Member]
Notes Payable to affiliates $ 21 $ 0
Taxes 35 26
Interest 56 19
Current Customer Deposits 35 33
Regulatory liabilities 11 6
Asset Retirement Obligation, Current 16 26
Other current liabilities 53 51
Liabilities, Current, Total 404 499
Long-term Debt, Unclassified [Abstract]    
Long-term Debt 3,004 2,907
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 909 896
Investment tax credits 84 85
Asset retirement obligations 58 56
Regulatory liabilities 1,022 1,029
Other deferred credits and noncurrent liabilities 31 32
Total Deferred Credits and Other Noncurrent Liabilities 2,104 2,098
Commitments and Contingent Liabilities
Equity    
Common stock [4] 308 308
Additional paid-in capital 3,011 3,041
Earnings reinvested 804 689
Total Equity 4,123 4,038
Total Liabilities and Equity 9,635 9,542
Kentucky Utilities Co [Member] | Related Party    
Current Liabilities    
Accounts payable 70 101
Kentucky Utilities Co [Member] | Nonrelated Party    
Current Liabilities    
Accounts payable $ 82 $ 123
[1] 1,560,000 shares authorized, 770,013 shares issued and 737,124 shares outstanding at September 30, 2023. 1,560,000 shares authorized, 770,013 shares issued and 736,487 shares outstanding at December 31, 2022.
[2] 170,000 shares authorized; 66,368 shares issued and outstanding at September 30, 2023 and December 31, 2022.
[3] 75,000 shares authorized; 21,294 shares issued and outstanding at September 30, 2023 and December 31, 2022.
[4] 80,000 shares authorized; 37,818 shares issued and outstanding at September 30, 2023 and December 31, 2022.