Segment and Related Information (Tables)

9 Months Ended

Sep. 30, 2019

Income Statement data for the segments and reconciliation to PPL's consolidated results for the periods ended September 30 are as follows:



	Three Months						Nine Months
	2019			2018			2019			2018
Operating Revenues from external customers
U.K. Regulated	$	491		$	517		$	1,615		$	1,716
Kentucky Regulated	844			802			2,421			2,417
Pennsylvania Regulated	590			548			1,756			1,704
Corporate and Other	8			5			23			9
Total	$	1,933		$	1,872		$	5,815		$	5,846

Net Income
U.K. Regulated (a)	$	236		$	245		$	784		$	836
Kentucky Regulated	150			122			364			332
Pennsylvania Regulated	118			112			333			335
Corporate and Other	(29		)	(34		)	(99		)	(91		)
Total	$	475		$	445		$	1,382		$	1,412


(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:



	September 30, 2019			December 31, 2018
Assets
U.K. Regulated (a) (b)	$	17,128		$	16,700
Kentucky Regulated	15,434			15,078
Pennsylvania Regulated	12,116			11,257
Corporate and Other (c)	(119		)	361
Total	$	44,559		$	43,396


(a)	Includes $12.3 billion and $12.4 billion of net PP&E as of September 30, 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 $2.3 billion and $2.4 billion of goodwill as of September 30, 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.