Segment and Related Information

9 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Segment and Related Information

3. Segment and Related Information

(PPL)

See Note 2 in PPL's 2016 Form 10-K for a discussion of reportable segments and related information.

Income Statement data for the segments and reconciliation to PPL's consolidated results for the periods ended September 30 are as follows:

	Three Months					Nine Months
	2017		2016			2017			2016
Income Statement Data
Revenues from external customers
U.K. Regulated	$	477	$	515		$	1,547		$	1,673
Kentucky Regulated	818		835			2,350			2,382
Pennsylvania Regulated	547		539			1,620			1,619
Corporate and Other	3		—			4			11
Total	$	1,845	$	1,889		$	5,521		$	5,685
Net Income
U.K. Regulated (a)	$	126	$	281		$	560		$	915
Kentucky Regulated	125		126			299			314
Pennsylvania Regulated	95		91			251			263
Corporate and Other	9		(25		)	(60		)	(55		)
Total	$	355	$	473		$	1,050		$	1,437

(a) Includes unrealized gains and losses from hedging foreign-currency related economic activity. See Note 13 for additional information.

The following provides Balance Sheet data for the segments and reconciliation to PPL's consolidated results as of:

	September 30, 2017		December 31, 2016
Balance Sheet Data
Assets
U.K. Regulated (a)	$	16,052	$	14,537
Kentucky Regulated	14,181		14,037
Pennsylvania Regulated	10,323		9,426
Corporate and Other (b)	202		315
Total	$	40,758	$	38,315

(a) Includes $11.7 billion and $10.8 billion of net PP&E as of September 30, 2017 and December 31, 2016. WPD is not subject to accounting for the effects of certain types of regulation as prescribed by GAAP.

(b) Primarily consists of unallocated items, including cash, PP&E and the elimination of inter-segment transactions.

(PPL Electric, LKE, LG&E and KU)

PPL Electric has two operating segments that are aggregated into a single reportable segment. LKE, LG&E and KU are individually single operating and reportable segments.