Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Unaudited [Line Items]

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
2015
Operating revenues			$	2,230	$	1,781	$	1,878	$	1,780
Operating income				890		638		686		617
Income from continuing operations after income taxes				552		250		396		405
Income (loss) from discontinued operations (net of income taxes) (d)(e)				95		(1,007)		(3)		(6)
Net income (loss) (e)				647		(757)		393		399
Income from continuing operations after income taxes available to
	PPL common shareowners: (b)
		Basic EPS		0.83		0.37		0.59		0.60
		Diluted EPS		0.82		0.37		0.59		0.60
Net income (loss) available to PPL common shareowners: (b)
		Basic EPS		0.97		(1.13)		0.58		0.59
		Diluted EPS		0.96		(1.13)		0.58		0.59
Dividends declared per share of common stock (c)				0.3725		0.3725		0.3775		0.3775
Price per common share:
		High	$	36.38	$	34.85	$	33.58	$	34.75
		Low		31.40		29.45		29.41		32.60
2014
Operating revenues			$	2,178	$	1,849	$	1,879	$	1,946
Operating income				801		678		688		700
Income from continuing operations after income taxes				389		230		410		408
Income (loss) from discontinued operations (net of income taxes) (d)(f)				(73)		(1)		87		287
Net income (f)				316		229		497		695
Income from continuing operations after income taxes available to
	PPL common shareowners: (b)
		Basic EPS		0.61		0.35		0.61		0.62
		Diluted EPS		0.61		0.34		0.61		0.62
Net income available to PPL common shareowners: (b)
		Basic EPS		0.50		0.35		0.74		1.04
		Diluted EPS		0.49		0.34		0.74		1.04
Dividends declared per share of common stock (c)				0.3725		0.3725		0.3725		0.3725
Price per common share:
		High	$	33.24	$	35.56	$	35.52	$	38.14
		Low		29.40		32.32		31.79		32.09

(a)Quarterly results can vary depending on, among other things, weather. 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.

(d)In the second quarter of 2015, PPL completed the spinoff of PPL Energy Supply substantially representing PPL's Supply segment. Accordingly, the previously reported operating results for PPL’s Supply segment have been reclassified as discontinued operations. See Note 8 to the Financial Statements for additional information.

(e)The second quarter of 2015 includes a loss of $879 million from the spinoff of PPL Energy Supply. See Note 8 to the Financial Statements for additional information.

(f)The fourth quarter of 2014 includes a gain of $137 million (after-tax) from the sale of Hydroelectric generating facilities of PPL Montana. See Note 8 for additional information.

PPL Electric Utilities Corp [Member]

Quarterly Financial Information Unaudited [Line Items]

Quarterly Financial Information (Unaudited)

QUARTERLY FINANCIAL DATA (Unaudited)
PPL Electric Utilities Corporation and Subsidiaries
(Millions of Dollars)
	For the Quarters Ended (a)
		March 31		June 30		Sept. 30		Dec. 31
2015
Operating revenues	$	630	$	476	$	519	$	499
Operating income		175		116		121		126
Net income		87		49		55		61
2014
Operating revenues	$	592	$	449	$	477	$	526
Operating income		165		111		124		138
Net income		85		52		57		69

(a)PPL Electric's business is seasonal in nature, with peak sales periods generally occurring in the winter and summer months. Accordingly, comparisons among quarters of a year may not be indicative of overall trends and changes in operations.