Segment and Related Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Segment and Related Information

Income Statement data for the segments and reconciliation to PPL's consolidated results for the periods ended March 31 are as follows:

	Three Months
	2019			2018
Operating Revenues from external customers
U.K. Regulated	$	583		$	615
Kentucky Regulated	845			872
Pennsylvania Regulated	645			639
Corporate and Other	6			—
Total	$	2,079		$	2,126
Net Income
U.K. Regulated (a)	$	264		$	197
Kentucky Regulated	117			133
Pennsylvania Regulated	121			148
Corporate and Other	(36		)	(26		)
Total	$	466		$	452

(a) Includes unrealized gains and losses from hedging foreign currency economic activity. See Note 15 for additional information.

The following provides Balance Sheet data for the segments and reconciliation to PPL's consolidated Balance Sheets as of:

	March 31, 2019		December 31, 2018
Assets
U.K. Regulated (a) (b)	$	17,753	$	16,700
Kentucky Regulated	15,176		15,078
Pennsylvania Regulated	11,260		11,257
Corporate and Other (c)	378		361
Total	$	44,567	$	43,396

(a) Includes $13.1 billion and $12.4 billion of net PP&E as of March 31, 2019 and December 31, 2018. WPD is not subject to accounting for the effects of certain types of regulation as prescribed by GAAP.

(b) Includes $2.5 billion and $2.4 billion of goodwill as of March 31, 2019 and December 31, 2018. The change is due to the effect of foreign currency exchange rates.

(c) Primarily consists of unallocated items, including cash, PP&E, goodwill, the elimination of inter-segment transactions as well as the assets of Safari Energy.