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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [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
2017
 
 
 
 
 
 
 
Operating revenues
$
1,951

 
$
1,725

 
$
1,845

 
$
1,926

Operating income
796

 
702

 
777

 
793

Net income
403

 
292

 
355

 
78

Net income available to PPL common shareowners: (b)
 

 
 

 
 

 
 

Basic EPS
0.59

 
0.43

 
0.52

 
0.11

Diluted EPS
0.59

 
0.43

 
0.51

 
0.11

Dividends declared per share of common stock (c)
0.3950

 
0.3950

 
0.3950

 
0.3950

Price per common share:
 

 
 

 
 

 
 

High
$
37.70

 
$
40.06

 
$
39.83

 
$
38.37

Low
33.94

 
37.11

 
37.36

 
30.76

 
 
 
 
 
 
 
 
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: (b)
 

 
 

 
 

 
 

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 (c)
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


(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.
PPL Electric Utilities Corp [Member]  
Quarterly Financial Information Disclosure [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
2017
 
 
 
 
 
 
 
Operating revenues
$
573

 
$
500

 
$
547

 
$
575

Operating income
159

 
156

 
189

 
197

Net income
79

 
77

 
95

 
111

 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
Operating revenues
$
585

 
$
495

 
$
539

 
$
537

Operating income
180

 
154

 
176

 
154

Net income
94

 
79

 
90

 
77

 
(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.