Income Statement data for the segments and reconciliation to PPL's consolidated results for the period ended March 31 are as follows: | | | | | | | | | | Three Months | | 2020 | | 2019 | Operating Revenues from external customers | | | | U.K. Regulated | $ | 614 |
| | $ | 583 |
| Kentucky Regulated | 825 |
| | 845 |
| Pennsylvania Regulated | 608 |
| | 645 |
| Corporate and Other | 7 |
| | 6 |
| Total | $ | 2,054 |
| | $ | 2,079 |
| | | | | Net Income | |
| | |
| U.K. Regulated (a) | $ | 340 |
| | $ | 264 |
| Kentucky Regulated | 127 |
| | 117 |
| Pennsylvania Regulated | 118 |
| | 121 |
| Corporate and Other | (31 | ) | | (36 | ) | Total | $ | 554 |
| | $ | 466 |
|
| | (a) | Includes unrealized gains and losses from hedging foreign currency economic activity. See Note 14 for additional information. |
The following provides Balance Sheet data for the segments and reconciliation to PPL's consolidated Balance Sheets as of: | | | | | | | | | | March 31, 2020 | | December 31, 2019 | Assets | |
| | |
| U.K. Regulated (a) (b) | $ | 17,918 |
| | $ | 17,622 |
| Kentucky Regulated | 15,608 |
| | 15,597 |
| Pennsylvania Regulated | 11,898 |
| | 11,918 |
| Corporate and Other (c) | 904 |
| | 543 |
| Total | $ | 46,328 |
| | $ | 45,680 |
|
| | (a) | Includes $13.3 billion and $13.2 billion of net PP&E as of March 31, 2020 and December 31, 2019. WPD is not subject to accounting for the effects of certain types of regulation as prescribed by GAAP. |
| | (b) | Includes $2.5 billion of goodwill as of March 31, 2020 and December 31, 2019. |
(c) Primarily consists of unallocated items, including cash, PP&E, goodwill, the elimination of inter-segment transactions as well as the assets of Safari Energy.
|