Defined Benefits (Tables)

9 Months Ended

Sep. 30, 2022

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule Of Net Periodic Defined Benefit Costs (Credits)

Following are the net periodic defined benefit costs (credits) of the plans sponsored by PPL and its subsidiaries for the periods ended September 30:

	Pension Benefits
	Three Months				Nine Months
	2022		2021		2022		2021
PPL
Service cost	$	11	$	14	$	36	$	42
Interest cost	33		30		95		91
Expected return on plan assets	(62)		(64)		(189)		(191)
Amortization of:
Prior service cost	2		2		6		6
Actuarial loss	11		21		40		70
Net periodic defined benefit costs (credits) before settlements	(5)		3		(12)		18
Settlements (a)	7		14		19		14
Net periodic defined benefit costs (credits)	$	2	$	17	$	7	$	32

(a)Due to the amount of lump sum payment distributions from the LKE qualified pension plan, settlement charges were incurred during the three and nine months ended September 30, 2022 and 2021. In accordance with existing regulatory accounting treatment, LG&E and KU have primarily maintained the settlement charge in regulatory assets to be amortized over 15 years.

	Other Postretirement Benefits
	Three Months				Nine Months
	2022		2021		2022		2021
PPL
Service cost	$	1	$	2	$	4	$	5
Interest cost	3		4		11		12
Expected return on plan assets	(5)		(6)		(17)		(18)
Amortization of:
Prior service cost	—		—		1		1
Actuarial loss	—		(1)		(2)		(1)
Net periodic defined benefit costs (credits)	$	(1)	$	(1)	$	(3)	$	(1)