Segment and Related Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Segment and Related Information

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

	Three Months				Six Months
	2020		2019		2020		2019
Operating Revenues from external customers
U.K. Regulated	$	476	$	541	$	1,090	$	1,124
Kentucky Regulated	700		732		1,525		1,577
Pennsylvania Regulated	554		521		1,162		1,166
Corporate and Other	9		9		16		15
Total	$	1,739	$	1,803	$	3,793	$	3,882
Net Income
U.K. Regulated (a)	$	179	$	284	$	519	$	548
Kentucky Regulated	74		97		201		214
Pennsylvania Regulated	118		94		236		215
Corporate and Other	(27)		(34)		(58)		(70)
Total	$	344	$	441	$	898	$	907

(a)Includes unrealized gains and losses from hedging foreign currency economic activity. See Note 14 for additional information.

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

	June 30, 2020		December 31, 2019
Assets
U.K. Regulated (a) (b)	$	17,479	$	17,622
Kentucky Regulated	15,802		15,597
Pennsylvania Regulated	12,036		11,918
Corporate and Other (c)	1,203		543
Total	$	46,520	$	45,680

(a)Includes $12.9 billion and $13.2 billion of net PP&E as of June 30, 2020 and December 31, 2019. WPD is not subject to accounting for the effects of certain types of regulation as prescribed by GAAP.

(b)Includes $2.4 billion and $2.5 billion of goodwill as of June 30, 2020 and December 31, 2019.

(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.