Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2016

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
2016
Operating revenues	$	2,011	$	1,785		$	1,889		$	1,832
Operating income	823		725			786			714
Net income	481		483			473			465
Net income available to PPL common shareowners: (c)
Basic EPS	0.71		0.71			0.70			0.68
Diluted EPS	0.71		0.71			0.69			0.68
Dividends declared per share of common stock (d)	0.38		0.38			0.38			0.38
Price per common share:
High	$	38.07	$	39.68		$	37.71		$	34.74
Low	32.80		36.27			33.63			32.19

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 (b)	647		(757		)	393			399
Income from continuing operations after income taxes available to
PPL common shareowners: (c)
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: (c)
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 (d)	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


(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 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.


(c)	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.


(d)	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.


(e)	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.

QUARTERLY FINANCIAL DATA (Unaudited)

PPL Electric Utilities Corporation and Subsidiaries

(Millions of Dollars)


(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.