Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2021

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive Income (Loss)

The after-tax changes in AOCI by component for the years ended December 31 were as follows:

					Defined benefit plans
	Foreign currency translation adjustments		Unrealized gains (losses) on qualifying derivatives		Prior service costs		Actuarial gain (loss)		Total
PPL
December 31, 2018	$	(1,533)	$	(7)	$	(19)	$	(2,405)	$	(3,964)
Amounts arising during the year	108		(11)		(1)		(592)		(496)
Reclassifications from AOCI	—		13		2		87		102
Net OCI during the year	108		2		1		(505)		(394)
December 31, 2019	$	(1,425)	$	(5)	$	(18)	$	(2,910)	$	(4,358)
Amounts arising during the year	267		(19)		(1)		(341)		(94)
Reclassifications from AOCI	—		24		3		205		232
Net OCI during the year	267		5		2		(136)		138
December 31, 2020	$	(1,158)	$	—	$	(16)	$	(3,046)	$	(4,220)

					Defined benefit plans
	Foreign currency translation adjustments		Unrealized gains (losses) on qualifying derivatives		Prior service costs		Actuarial gain (loss)		Total
Amounts arising during the year	372		(39)		—		(1)		332
Reclassifications from AOCI	—		25		2		126		153
Reclassifications from AOCI due to the sale of the U.K. utility business (Note 9)	786		15		8		2,769		3,578
Net OCI during the year	1,158		1		10		2,894		4,063
December 31, 2021	$	—	$	1	$	(6)	$	(152)	$	(157)

Reclassification out of Other Comprehensive Income (Loss)

The following table presents PPL's gains (losses) and related income taxes for reclassifications from AOCI for the years ended December 31, 2021, 2020 and 2019. The defined benefit plan components of AOCI are not reflected in their entirety in the statement of income; rather, they are included in the computation of net periodic defined benefit costs (credits) and subject to capitalization. See Note 12 for additional information.

	PPL
Details about AOCI	2021		2020		2019		Affected Line Item on the Statements of Income
Qualifying derivatives
Interest rate swaps	$	11	$	(8)	$	(9)	Interest Expense
	(2)		(2)		—		Income (Loss) from Discontinued Operations (net of income taxes)
Cross-currency swaps	(39)		(22)		(9)		Income (Loss) from Discontinued Operations (net of income taxes)
Total Pre-tax	(30)		(32)		(18)
Income Taxes	5		8		5
Total After-tax	(25)		(24)		(13)
Defined benefit plans
Prior service costs	(3)		(4)		(3)
Net actuarial loss	(159)		(256)		(109)
Total Pre-tax	(162)		(260)		(112)
Income Taxes	34		52		23
Total After-tax	(128)		(208)		(89)
Sale of the U.K. utility business (Note 9)
Foreign currency translation adjustments	(646)		—		—		Income (Loss) from Discontinued Operations (net of income taxes)
Qualifying derivatives	(15)		—		—		Income (Loss) from Discontinued Operations (net of income taxes)
Defined benefit plans	(3,577)		—		—		Income (Loss) from Discontinued Operations (net of income taxes)
Total Pre-tax	(4,238)		—		—
Income Taxes	660		—		—
Total After-tax	(3,578)		—		—
Total reclassifications during the year	$	(3,731)	$	(232)	$	(102)