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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock [Member]
Additional Paid-in Capital
Earnings Reinvested
Earnings Reinvested
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Cumulative Effect, Period of Adoption, Adjustment
PPL Electric Utilities Corp [Member]
PPL Electric Utilities Corp [Member]
Common Stock [Member]
PPL Electric Utilities Corp [Member]
Additional Paid-in Capital
PPL Electric Utilities Corp [Member]
Earnings Reinvested
LG And E And KU Energy LLC [Member]
Louisville Gas And Electric Co [Member]
Louisville Gas And Electric Co [Member]
Common Stock [Member]
Louisville Gas And Electric Co [Member]
Additional Paid-in Capital
Louisville Gas And Electric Co [Member]
Earnings Reinvested
Kentucky Utilities Co [Member]
Kentucky Utilities Co [Member]
Common Stock [Member]
Kentucky Utilities Co [Member]
Additional Paid-in Capital
Kentucky Utilities Co [Member]
Earnings Reinvested
Kentucky Utilities Co [Member]
Accumulated Other Comprehensive Loss
Dividends Declared Per Share of Common Stock $ 1.64                                          
Balance at beginning of period - shares at Dec. 31, 2017     693,398 [1]             66,368 [2]         21,294 [3]       37,818 [4]      
Balance at beginning of period at Dec. 31, 2017                         $ 4,563                  
Balance at beginning of period at Dec. 31, 2017 $ 10,761   $ 7 $ 10,305 $ 3,871   $ (3,422)   $ 3,992 $ 364 $ 2,729 $ 899   $ 2,527 $ 424 $ 1,712 $ 391 $ 3,357 $ 308 $ 2,616 $ 433 $ 0
Common stock shares issued [1]     26,925                                      
Common stock issued 718     718                                    
Stock-based compensation (2)     (2)                                    
Net income 1,827       1,827       430 [5]     430 445 233 [6]     233 286 [7]     286  
Capital contributions from parent                 429   429     83   83   45   45    
Dividends and dividend equivalents (1,156)       (1,156)                                  
Cash dividends declared on common stock                 (390)     (390)   (156)     (156) (246)     (246)  
Distributions to member                         (302)                  
Other comprehensive income (loss) (491)           (491)           17                  
Balance at end of period - shares at Dec. 31, 2018     720,323 [1]             66,368 [2]         21,294 [3]       37,818 [4]      
Balance at end of period at Dec. 31, 2018                         4,723                  
Balance at end of period at Dec. 31, 2018 $ 11,657   $ 7 11,021 4,593   (3,964)   4,461 $ 364 3,158 939   2,687 $ 424 1,795 468 3,442 $ 308 2,661 473 0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest   $ 0       $ 51   $ (51)                            
Dividends Declared Per Share of Common Stock $ 1.65                                          
Common stock shares issued [1]     46,910                                      
Common stock issued $ 1,185   $ 1 1,184                                    
Stock-based compensation 9     9                                    
Net income 1,746       1,746       457 [5]     457 468 232 [6]     232 293 [7]     293  
Capital contributions from parent                 400   400     25   25   68   68    
Dividends and dividend equivalents (1,212)       (1,212)                                  
Cash dividends declared on common stock                 $ (486)     (486)   $ (182)     (182) $ (229)     (229)  
Contributions from member                         63                  
Distributions to member                         (308)                  
Other comprehensive income (loss) $ (394)           (394)           (4)                  
Balance at end of period - shares at Dec. 31, 2019 767,233   767,233 [1]           66,368 66,368 [2]       21,294 21,294 [3]     37,818 37,818 [4]      
Balance at end of period at Dec. 31, 2019                         4,942                  
Balance at end of period at Dec. 31, 2019 $ 12,991   $ 8 12,214 5,127   (4,358)   $ 4,832 $ 364 3,558 910   $ 2,762 $ 424 1,820 518 $ 3,574 $ 308 2,729 537 0
Dividends Declared Per Share of Common Stock $ 1.66                                          
Common stock shares issued [1]     1,674                                      
Common stock issued $ 51     51                                    
Stock-based compensation 5     5                                    
Net income 1,469       1,469       497 [5]     497 450 244 [6]     244 280 [7]     280  
Capital contributions from parent                 940   940     103   103   128   128    
Return of Capital to Parent                 (745)   (745)                      
Dividends and dividend equivalents (1,279)       (1,279)                                  
Cash dividends declared on common stock                 $ (400)     (400)   $ (161)     (161) $ (200)     (200)  
Distributions to member                         (283)                  
Other comprehensive income (loss) $ 138           138           7                  
Balance at end of period - shares at Dec. 31, 2020 768,907   768,907 [1]           66,368 66,368 [2]       21,294 21,294 [3]     37,818 37,818 [4]      
Balance at end of period at Dec. 31, 2020                         $ 5,116                  
Balance at end of period at Dec. 31, 2020 $ 13,373   $ 8 $ 12,270 $ 5,315   $ (4,220)   $ 5,124 $ 364 $ 3,753 $ 1,007   $ 2,948 $ 424 $ 1,923 $ 601 $ 3,782 $ 308 $ 2,857 $ 617 $ 0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest   $ (2)       $ (2)                                
[1] Shares in thousands. Each share entitles the holder to one vote on any question presented at any shareowners' meeting.
[2] Shares in thousands. All common shares of PPL Electric stock are owned by PPL.
[3] Shares in thousands. All common shares of LG&E stock are owned by LKE.
[4] Shares in thousands. All common shares of KU stock are owned by LKE.
[5] Net income equals comprehensive income.
[6] Net income equals comprehensive income.
[7] Net income equals comprehensive income.