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Goodwill and Other Intangible Assets
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
19. Goodwill and Other Intangible Assets

Goodwill

(PPL)

The changes in the carrying amount of goodwill by segment were:
Kentucky
Regulated		Rhode Island RegulatedCorporate and
Other 		Total
 20222021202220212022202120222021
Balance at beginning of period (a)$662 $662 $— $— $53 $53 $715 $715 
Goodwill recognized during the period (b)— — 725 — 861 — 1,586 — 
Sale of Safari Holdings (c)— — — — (53)— (53)— 
Total$662 $662 $725 $— $861 $53 $2,248 $715 

(a)There were no accumulated impairment losses related to goodwill.
(b)Recognized as a result of the acquisition of RIE. See Note 9 for additional information.
(c)See Note 9 for additional information.

Other Intangible Assets

(PPL)

The gross carrying amount and the accumulated amortization of other intangible assets were:
 December 31, 2022December 31, 2021
 Gross
Carrying
Amount		Accumulated
Amortization		Gross
Carrying
Amount		Accumulated
Amortization
Subject to amortization:    
Contracts (a)$125 $99 $125 $90 
Renewable Energy Credits14 — — — 
Land rights and easements407 138 406 135 
Licenses and other2 1 20 6 
Total subject to amortization548 238 551 231 
Not subject to amortization due to indefinite life:    
Land rights and easements17 — 17 — 
Other— — 6 — 
Total not subject to amortization due to indefinite life17 — 23 — 
Total$565 $238 $574 $231 

(a)Gross carrying amount in 2022 and 2021 includes the fair value at the acquisition date of the OVEC power purchase contract with terms favorable to market recognized as a result of the 2010 acquisition of LKE by PPL.

Current intangible assets are included in "Other current assets" and long-term intangible assets are included in "Other intangibles" on the Balance Sheets.
Amortization expense was as follows:   
 202220212020
Intangible assets with no regulatory offset$5 $9 $7 
Intangible assets with regulatory offset9 8 8 
Total$14 $17 $15 

Amortization expense for each of the next five years is estimated to be:
 20232024202520262027
Intangible assets with no regulatory offset$5 $5 $5 $4 $4 
Intangible assets with regulatory offset9 8 8 2 — 
Total$14 $13 $13 $6 $4 

(PPL Electric)

The gross carrying amount and the accumulated amortization of other intangible assets were:
 December 31, 2022December 31, 2021
 Gross
Carrying
Amount		Accumulated
Amortization		Gross
Carrying
Amount		Accumulated
Amortization
Subject to amortization:    
Land rights and easements$385 $134 $382 $130 
Licenses and other2 1 2 1 
Total subject to amortization387 135 384 131 
Not subject to amortization due to indefinite life:    
Land rights and easements17 — 17 — 
Total$404 $135 $401 $131 

Intangible assets are shown as "Intangibles" on the Balance Sheets.

Amortization expense was as follows:
 202220212020
Intangible assets with no regulatory offset$4 $4 $4 
Amortization expense for each of the next five years is estimated to be:
 20232024202520262027
Intangible assets with no regulatory offset$4 $4 $4 $4 $4 

(LG&E)

The gross carrying amount and the accumulated amortization of other intangible assets were:
 December 31, 2022December 31, 2021
 Gross
Carrying
Amount		Accumulated
Amortization		Gross
Carrying
Amount		Accumulated
Amortization
Subject to amortization:    
Land rights and easements$7 $1 $7 $1 
OVEC power purchase agreement (a)86 68 86 62 
Total subject to amortization$93 $69 $93 $63 

(a)    Gross carrying amount represents the fair value at the acquisition date of the OVEC power purchase contract recognized as a result of the 2010 acquisition by PPL. An offsetting regulatory liability was recorded related to this contract, which is being amortized over the same period as the intangible asset, eliminating any income statement impact. See Note 7 for additional information.

Long-term intangible assets are presented as "Other intangibles" on the Balance Sheets.

Amortization expense was as follows:
 202220212020
Intangible assets with regulatory offset$6 $5 $6 

Amortization expense for each of the next five years is estimated to be:
 20232024202520262027
Intangible assets with regulatory offset$6 $6 $6 $1 $— 

(KU)

The gross carrying amount and the accumulated amortization of other intangible assets were:
 December 31, 2022December 31, 2021
 Gross
Carrying
Amount		Accumulated
Amortization		Gross
Carrying
Amount		Accumulated
Amortization
Subject to amortization:    
Land rights and easements$16 $3 $16 $4 
OVEC power purchase agreement (a)39 31 39 28 
Total subject to amortization$55 $34 $55 $32 

(a)    Gross carrying amount represents the fair value at the acquisition date of the OVEC power purchase contract recognized as a result of the 2010 acquisition by PPL. An offsetting regulatory liability was recorded related to this contract, which is being amortized over the same period as the intangible asset, eliminating any income statement impact. See Note 7 for additional information.

Long-term intangible assets are presented as "Other intangibles" on the Balance Sheets.

Amortization expense was as follows:
 202220212020
Intangible assets with no regulatory offset$— $1 $— 
Intangible assets with regulatory offset3 3 2 

Amortization expense for each of the next five years is estimated to be:
 20232024202520262027
Intangible assets with regulatory offset$3 $2 $2 $1 $—