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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital
Earnings Reinvested
Accumulated Other Comprehensive Loss
Treasury Stock
Preferred stock
PPL Electric Utilities Corp [Member]
PPL Electric Utilities Corp [Member]
Common Stock [Member]
PPL Electric Utilities Corp [Member]
Additional Paid-in Capital
PPL Electric Utilities Corp [Member]
Earnings Reinvested
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
Louisville Gas And Electric Co [Member]
Earnings Reinvested
Kentucky Utilities Co [Member]
Kentucky Utilities Co [Member]
Common Stock [Member]
Kentucky Utilities Co [Member]
Additional Paid-in Capital
Kentucky Utilities Co [Member]
Earnings Reinvested
Total Equity $ 13,373 $ 8 $ 12,270 $ 5,315 $ (4,220) $ 0 $ 0                        
Dividends Declared Per Share of Common Stock $ 1.660                                    
Balance at beginning of period - shares at Dec. 31, 2020   768,907 [1]             66,368 [2]       21,294 [3]       37,818 [4]    
Balance at beginning of period at Dec. 31, 2020               $ 5,124 $ 364 $ 3,753 $ 1,007 $ 2,948 $ 424 $ 1,923 $ 601 $ 3,782 $ 308 $ 2,857 $ 617
Common stock shares issued [1]   983                                  
Treasury stock   (34,778)                                  
Net income (loss) $ (1,480)     (1,480)       445 [5]     445 249 [6]     249 296 [7]     296
Capital contributions from parent               1,075   1,075   74   74   100   100  
Return of Capital to Parent               (574)   (574)                  
Cash dividends declared on common stock               (334)     (334) (192)     (192) (250)     (250)
Other comprehensive income (loss) 4,063       4,063                            
Balance at end of period - shares at Dec. 31, 2021   735,112 [1]             66,368 [2]       21,294 [3]       37,818 [4]    
Balance at end of period at Dec. 31, 2021               5,736 $ 364 4,254 1,118 3,079 $ 424 1,997 658 3,928 $ 308 2,957 663
Common stock issued 29   29                                
Treasury stock (1,003)         (1,003)                          
Stock-based compensation 4   4                                
Dividends (1,263)     (1,263)                              
Total Equity $ 13,723 $ 8 12,303 2,572 (157) $ (1,003) 0                        
Dividends Declared Per Share of Common Stock $ 0.875                                    
Common stock shares issued [1]   123                                  
Net income (loss) $ 756     756       525 [5]     525 272 [6]     272 322 [7]     322
Capital contributions from parent                       90   90   84   84  
Return of Capital to Parent               (170)   (170)                  
Cash dividends declared on common stock               $ (340)     (340) $ (275)     (275) $ (296)     (296)
Other comprehensive income (loss) $ 33       33                            
Balance at end 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 end of period at Dec. 31, 2022 $ 13,915             $ 5,751 $ 364 4,084 1,303 $ 3,166 $ 424 2,087 655 $ 4,038 $ 308 3,041 689
Noncontrolling Interest, Increase from Business Combination             3                        
Common stock issued 5   5                                
Stock-based compensation 9   9                                
Dividends (647)     (647)                              
Stock Issued During Period, Value, Reissued Treasury Stock 36                                    
Stock Issued During Period, Shares, Treasury Stock Reissued           1,252                          
Total Equity $ 13,918 $ 8 12,317 2,681 (124) $ (967) 3                        
Dividends Declared Per Share of Common Stock $ 0.960                                    
Net income (loss) $ 740     740       519 [5]     519 266 [6]     266 312 [7]     312
Capital contributions from parent               206   206   67   67   76   76  
Return of Capital to Parent               (250)   (250)   (161)   (161)   (84)   (84)  
Cash dividends declared on common stock               $ (323)     (323) $ (166)     (166) $ (190)     (190)
Other comprehensive income (loss) $ (39)       (39)                            
Balance at end of period - shares at Dec. 31, 2023 737,130 737,130 [1]           66,368 66,368 [2]     21,294 21,294 [3]     37,818 37,818 [4]    
Balance at end of period at Dec. 31, 2023 $ 13,933             $ 5,903 $ 364 $ 4,040 $ 1,499 $ 3,172 $ 424 $ 1,993 $ 755 $ 4,152 $ 308 $ 3,033 $ 811
Stock-based compensation 5   5                                
Dividends (711)     (711)                              
Stock Issued During Period, Value, Reissued Treasury Stock 23   4     $ 19                          
Stock Issued During Period, Shares, Treasury Stock Reissued           643                          
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests             (3)                        
Total Equity $ 13,933 $ 8 $ 12,326 $ 2,710 $ (163) $ (948) $ 0                        
[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.
[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.