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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Earnings Reinvested [Member]
Accumulated Other Comprehensive Loss [Member]
Treasury Stock, Common
Noncontrolling Interest
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]
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]
Total Equity $ 13,918 $ 8 $ 12,317 $ 2,681 $ (124) $ (967) $ 3 $ 5,751 $ 364 $ 4,084 $ 1,303 $ 3,166 $ 424 $ 2,087 $ 655 $ 4,038 $ 308 $ 3,041 $ 689
Dividends Declared Per Share of Common Stock (in dollars per share) $ 0.2400                                    
Balance at beginning of period - shares at Dec. 31, 2022   736,487 [1]             66,368 [2]       21,294 [3]       37,818 [4]    
Stock Issued During Period, Value, Treasury Stock Reissued $ 19   2     $ 17                          
Stock Issued During Period, Shares, Treasury Stock Reissued           580                          
Stock-based compensation (9)   (9)                                
Net income (loss) 285     285       138 [5]     138 86     86 88 [6]     88
Capital contributions from parent               200                   (54)  
Dividends and dividend equivalents (178) [7]     (178) [7]             (74)       (31)       (35)
Dividends declared               (74)       (31)       (35)      
Other comprehensive income (loss) 1       1                            
Balance at end of period - shares at Mar. 31, 2023   737,067 [1]             66,368 [2]       21,294 [3]       37,818 [4]    
Contributions from parent               200   200                  
Return of Capital to Parent                           (120)       (54)  
Total Equity 14,036 $ 8 12,310 2,788 (123) $ (950) 3 6,015 $ 364 4,284 1,367 3,101 $ 424 1,967 710 4,037 $ 308 2,987 742
Total Equity $ 13,933 $ 8 12,326 2,710 (163) (948) 0 $ 5,903 $ 364 4,040 1,499 $ 3,172 $ 424 1,993 755 $ 4,152 $ 308 3,033 811
Dividends Declared Per Share of Common Stock (in dollars per share) $ 0.2575                                    
Balance at beginning of period - shares at Dec. 31, 2023 737,130 737,130 [1]           66,368 66,368 [2]     21,294 21,294 [3]     37,818 37,818 [4]    
Stock Issued During Period, Value, Treasury Stock Reissued $ 17   0     $ 17                          
Stock Issued During Period, Shares, Treasury Stock Reissued           606                          
Stock-based compensation (12)   (12)                                
Net income (loss) 307     307       $ 149 [5]     149 $ 93 [8]     93 $ 108 [6]     108
Capital contributions from parent               675                      
Dividends and dividend equivalents (189) [7]     (189) [7]             (88)       (37)       (47)
Dividends declared               $ (88)       $ (37)       $ (47)      
Other comprehensive income (loss) $ 2       2                            
Balance at end of period - shares at Mar. 31, 2024 737,736 737,736           66,368 66,368 [2]     21,294 21,294 [3]     37,818 37,818 [4]    
Contributions from parent               $ 675   675                  
Return of Capital to Parent                           (51)       (50)  
Total Equity $ 14,058 $ 8 $ 12,314 $ 2,828 $ (161) $ (931) $ 0 $ 6,639 $ 364 $ 4,715 $ 1,560 $ 3,177 $ 424 $ 1,942 $ 811 $ 4,163 $ 308 $ 2,983 $ 872
[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 Energy Holdings.
[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 equals comprehensive income.
[7] Dividends declared per share of common stock were $0.2575 for the three months ended March 31, 2024 and $0.2400 for the three months ended March 31, 2023.
[8] Net income equals comprehensive income.