Financing Activities (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Schedule of Line of Credit Facilities

The following credit facilities were in place at:

	June 30, 2022									December 31, 2021
	Expiration Date	Capacity		Borrowed		Letters of Credit and Commercial Paper Issued		Unused Capacity		Borrowed		Letters of Credit and Commercial Paper Issued
PPL
PPL Capital Funding (a)
Syndicated Credit Facility	Dec. 2026	$	1,250	$	—	$	256	$	994	$	—	$	—
Bilateral Credit Facility	Mar. 2023	100		—		—		100		—		—
Bilateral Credit Facility (b)	Mar. 2023	100		—		60		40		—		15
Total PPL Capital Funding Credit Facilities		$	1,450	$	—	$	316	$	1,134	$	—	$	15
PPL Electric
Syndicated Credit Facility	Dec. 2026	$	650	$	—	$	1	$	649	$	—	$	1
LG&E
Syndicated Credit Facility	Dec. 2026	$	500	$	—	$	394	$	106	$	—	$	69
KU
Syndicated Credit Facility	Dec. 2026	$	400	$	—	$	338	$	62	$	—	$	—

(a)PPL Capital Funding's obligations are fully and unconditionally guaranteed by PPL.

(b)Includes a $45 million letter of credit on behalf of RIE.

Schedule of Short-term Debt

The following commercial paper programs were in place at:

	June 30, 2022							December 31, 2021
	Weighted - Average Interest Rate	Capacity		Commercial Paper Issuances		Unused Capacity		Weighted - Average Interest Rate	Commercial Paper Issuances
PPL Capital Funding (a)	1.19%	$	1,350	$	256	$	1,094		$	—
PPL Electric		650		—		650			—
LG&E	1.20%	425		394		31		0.31%	69
KU	1.21%	350		338		12			—
Total		$	2,775	$	988	$	1,787		$	69

(a)PPL Capital Funding's obligations are fully and unconditionally guaranteed by PPL.

Schedule of Long-term Debt Instruments

The following was outstanding at June 30, 2022:

	Weighted-Average Rate (a)		Maturities (a)	June 30, 2022
RIE
Senior Unsecured Notes	4.10	%	2028 - 2042	$	1,500
Senior Secured Notes/First Mortgage Bonds (b)	8.27	%	2022 - 2025	16
Total Long-term Debt before adjustments				1,516
Unamortized debt issuance costs				(6)
Total Long-term Debt				1,510
Less current portion of Long-term Debt				14
Total Long-term Debt, noncurrent				$	1,496

(a)The table reflects principal maturities only, based on stated maturities or earlier put dates, and the weighted-average rates as of June 30, 2022.

(b)Includes first mortgage bonds with an annual sinking fund requirement of $750,000 through maturity in 2025.

Schedule of Maturities of Long-term Debt

The aggregate maturities of long-term debt, based on stated maturities or earlier put dates, for the periods 2022 through 2026 and thereafter are as follows:

	RIE
2022	$	14
2023	1
2024	1
2025	1
2026	—
Thereafter	1,499
Total	$	1,516