Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Earnings Per Share [Line Items]

Basic and Diluted EPS Computations

Reconciliations of the amounts of income and shares of PPL common stock (in thousands) for the periods ended December31 used in the EPS calculation are:

			2012		2011		2010
Income (Numerator)
Income from continuing operations after income taxes attributable to PPL shareowners			$	1,532	$	1,493	$	955
Less amounts allocated to participating securities				8		6		4
Less issuance costs on subsidiary's preferred securities redeemed				6
Income from continuing operations after income taxes available to PPL common shareowners			$	1,518	$	1,487	$	951
Income (loss) from discontinued operations (net of income taxes) available to PPL
	common shareowners		$	(6)	$	2	$	(17)
Net income attributable to PPL shareowners			$	1,526	$	1,495	$	938
Less amounts allocated to participating securities				8		6		4
Less issuance costs on subsidiary's preferred securities redeemed				6
Net income available to PPL common shareowners			$	1,512	$	1,489	$	934
Shares of Common Stock (Denominator)
Weighted-average shares - Basic EPS				580,276		550,395		431,345
Add incremental non-participating securities:
		Stock options and performance units		563		400		224
		2010 Purchase Contracts		195		157
		Forward sale agreements		592
Weighted-average shares - Diluted EPS				581,626		550,952		431,569
Basic EPS
Available to PPL common shareowners:
		Income from continuing operations after income taxes	$	2.62	$	2.70	$	2.21
		Income (loss) from discontinued operations (net of income taxes)		(0.01)		0.01		(0.04)
		Net Income	$	2.61	$	2.71	$	2.17
Diluted EPS
Available to PPL common shareowners:
		Income from continuing operations after income taxes	$	2.61	$	2.70	$	2.20
		Income (loss) from discontinued operations (net of income taxes)		(0.01)				(0.03)
		Net Income	$	2.60	$	2.70	$	2.17

Antidilutive Securities Excluded From Diluted EPS

The following stock options to purchase PPL common stock and performance units were excluded from the computations of diluted EPS for the years ended December 31 because the effect would have been antidilutive.

(Shares in thousands)	2012		2011		2010
Stock options		5,293		5,084		4,936
Performance units		58		2		45