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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Earnings Reinvested [Member]
Accumulated Other Comprehensive Loss [Member]
Treasury Stock, Common
Noncontrolling Interest
PPL Electric Utilities Corp [Member]
PPL Electric Utilities Corp [Member]
Common Stock [Member]
PPL Electric Utilities Corp [Member]
Additional Paid-in Capital [Member]
PPL Electric Utilities Corp [Member]
Earnings Reinvested [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 [Member]
Louisville Gas And Electric Co [Member]
Earnings Reinvested [Member]
Kentucky Utilities Co [Member]
Kentucky Utilities Co [Member]
Common Stock [Member]
Kentucky Utilities Co [Member]
Additional Paid-in Capital [Member]
Kentucky Utilities Co [Member]
Earnings Reinvested [Member]
Total Equity $ 13,723 $ 8 $ 12,303 $ 2,572 $ (157) $ (1,003) $ 0 $ 5,736 $ 364 $ 4,254 $ 1,118 $ 3,079 $ 424 $ 1,997 $ 658 $ 3,928 $ 308 $ 2,957 $ 663
Dividends Declared Per Share of Common Stock (in dollars per share) $ 0.200                                    
Balance at beginning of period - shares at Dec. 31, 2021   735,112 [1]             66,368 [2]       21,294 [3]       37,818 [4]    
Common stock shares issued [1]   123                                  
Common stock issued $ 4   4                                
Stock Issued During Period, Value, Treasury Stock Reissued 16         $ 16                          
Stock Issued During Period, Shares, Treasury Stock Reissued           530                          
Stock-based compensation (8)   (8)                                
Net income (loss) 273     273       143 [5]     143 93 [6]     93 107 [7]     107
Dividends and dividend equivalents [8] (148)     (148)                              
Dividends declared               (72)     (72) (75)     (75) (90)     (90)
Other comprehensive income 5       5                            
Balance at end of period - shares at Mar. 31, 2022   735,765 [1]             66,368 [2]       21,294 [3]       37,818 [4]    
Contributions from parent               0                      
Return of Capital to Parent               (40)   (40)                  
Total Equity 13,865 $ 8 12,299 2,697 (152) $ (987) 0 5,767 $ 364 4,214 1,189 3,097 $ 424 1,997 676 3,945 $ 308 2,957 680
Total Equity $ 13,918 $ 8 12,317 2,681 (124) (967) 3 $ 5,751 $ 364 4,084 1,303 $ 3,166 $ 424 2,087 655 $ 4,038 $ 308 3,041 689
Dividends Declared Per Share of Common Stock (in dollars per share) $ 0.240                                    
Balance at beginning of period - shares at Dec. 31, 2022 736,487 736,487 [1]           66,368 66,368 [2]     21,294 21,294 [3]     37,818 37,818 [4]    
Balance at beginning of period at Dec. 31, 2022 $ 13,915                                    
Stock Issued During Period, Value, Treasury Stock Reissued 19   2     $ 17                          
Stock Issued During Period, Shares, Treasury Stock Reissued           580                          
Stock-based compensation (9)   (9)                                
Net income (loss) 285     285       $ 138 [5]     138 $ 86 [6]     86 $ 88 [7]     88
Capital contributions from parent               200   200                  
Dividends and dividend equivalents [8] (178)     (178)                              
Dividends declared               $ (74)     (74) $ (31)     (31) $ (35)     (35)
Other comprehensive income $ 1       1                            
Balance at end of period - shares at Mar. 31, 2023 737,067 737,067           66,368 66,368 [2]     21,294 21,294 [3]     37,818 37,818 [4]    
Balance at end of period at Mar. 31, 2023 $ 14,033                                    
Contributions from parent               $ 200                      
Return of Capital to Parent                       $ (120)   (120)   $ (54)   (54)  
Total Equity $ 14,036 $ 8 $ 12,310 $ 2,788 $ (123) $ (950) $ 3 $ 6,015 $ 364 $ 4,284 $ 1,367 $ 3,101 $ 424 $ 1,967 $ 710 $ 4,037 $ 308 $ 2,987 $ 742
[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 Energy Holdings.
[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.
[8] Dividends declared per share of common stock were $0.240 for the three months ended March 31, 2023 and $0.200 for the three months ended March 31, 2022.