Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information (Unaudited) [Abstract]

Quarterly Financial Information (Unaudited)

QUARTERLY FINANCIAL, COMMON STOCK PRICE AND DIVIDEND DATA (Unaudited)
PPL Corporation and Subsidiaries
(Millions of Dollars, except per share data)
			For the Quarters Ended (a)
			March 31		June 30		Sept. 30		Dec. 31
2011
Operating revenues			$	2,910	$	2,489	$	3,120	$	4,218
Operating income				805		595		767		934
Income from continuing operations after income taxes				402		201		449		458
Income (loss) from discontinued operations				3		(1)
Net income				405		200		449		458
Net income attributable to PPL Corporation				401		196		444		454
Income from continuing operations after income taxes available to
	PPL Corporation common shareowners: (b)
		Basic EPS		0.82		0.35		0.76		0.78
		Diluted EPS		0.82		0.35		0.76		0.78
Net income available to PPL Corporation common shareowners: (b)
		Basic EPS		0.82		0.35		0.76		0.78
		Diluted EPS		0.82		0.35		0.76		0.78
Dividends declared per share of common stock (c)				0.350		0.350		0.350		0.350
Price per common share:
		High	$	26.98	$	28.38	$	29.61	$	30.27
		Low		24.10		25.23		25.00		27.00
2010
Operating revenues			$	3,006	$	1,473	$	2,179	$	1,863
Operating income				476		226		522		642
Income from continuing operations after income taxes				247		85		306		338
Income (loss) from discontinued operations				8		7		(53)		21
Net income				255		92		253		359
Net income attributable to PPL Corporation				250		85		248		355
Income from continuing operations after income taxes available to
	PPL Corporation common shareowners: (b)
		Basic EPS		0.64		0.20		0.62		0.69
		Diluted EPS		0.64		0.20		0.62		0.69
Net income available to PPL Corporation common shareowners: (b)
		Basic EPS		0.66		0.22		0.51		0.73
		Diluted EPS		0.66		0.22		0.51		0.73
Dividends declared per share of common stock (c)				0.350		0.350		0.350		0.350
Price per common share:
		High	$	32.77	$	28.80	$	28.00	$	28.14
		Low		27.47		23.75		24.83		25.13

(a)       Quarterly results can vary depending on, among other things, weather and the forward pricing of power. In addition, earnings in 2011 and 2010 were affected by special items. Accordingly, comparisons among quarters of a year may not be indicative of overall trends and changes in operations.

(b)       The sum of the quarterly amounts may not equal annual earnings per share due to changes in the number of common shares outstanding during the year or rounding.

(c)       PPL has paid quarterly cash dividends on its common stock in every year since 1946. Future dividends, declared at the discretion of the Board of Directors, will be dependent upon future earnings, cash flows, financial requirements and other factors.