Revenue from Contracts with Customers (Tables)
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12 Months Ended |
Dec. 31, 2021 |
Revenue from contracts with customers [Line Items] |
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Reconciliation of revenue from contracts with customers [Table Text Block] |
The following table reconciles "Operating Revenues" included in each Registrant's Statement of Income with revenues generated from contracts with customers for the years ended December 31: | | | | | | | | | | | | | | | | | | | | | | | | | 2021 | | PPL | | PPL Electric | | LG&E | | KU | Operating Revenues (a) | $ | 5,783 | | | $ | 2,402 | | | $ | 1,569 | | | $ | 1,826 | | Revenues derived from: | | | | | | | | Alternative revenue programs (b) | 77 | | | 83 | | | (3) | | | (3) | | Other (c) | (22) | | | (3) | | | (8) | | | (9) | | Revenues from Contracts with Customers | $ | 5,838 | | | $ | 2,482 | | | $ | 1,558 | | | $ | 1,814 | |
| | | | | | | | | | | | | | | | | | | | | | | | | 2020 | | PPL | | PPL Electric | | LG&E | | KU | Operating Revenues (a) | $ | 5,474 | | | $ | 2,331 | | | $ | 1,456 | | | $ | 1,690 | | Revenues derived from: | | | | | | | | Alternative revenue programs (b) | (24) | | | (12) | | | (8) | | | (4) | | Other (c) | (21) | | | (3) | | | (7) | | | (10) | | Revenues from Contracts with Customers | $ | 5,429 | | | $ | 2,316 | | | $ | 1,441 | | | $ | 1,676 | |
| | | | | | | | | | | | | | | | | | | | | | | | | 2019 | | PPL | | PPL Electric | | LG&E | | KU | Operating Revenues (a) | $ | 5,602 | | | $ | 2,358 | | | $ | 1,500 | | | $ | 1,740 | | Revenues derived from: | | | | | | | | Alternative revenue programs (b) | (30) | | | (6) | | | (10) | | | (14) | | Other (c) | (31) | | | (10) | | | (9) | | | (12) | | Revenues from Contracts with Customers | $ | 5,541 | | | $ | 2,342 | | | $ | 1,481 | | | $ | 1,714 | |
(a)Amounts for PPL Electric represent revenues from external customers reported by the Pennsylvania Regulated segment and amounts for LG&E and KU, net of intercompany power sales and transmission revenues, represent revenues from external customers reported by the Kentucky Regulated segment. See Note 2 for additional information. (b)Alternative revenue programs include the transmission formula rate for PPL Electric, the ECR and DSM programs for LG&E and KU, the GLT and GSC programs for LG&E, and the generation formula rate for KU. For PPL Electric, revenue in 2021 was reduced by $78 million for a reduction in the transmission formula rate return on equity. See Note 7 for additional information. This line item shows the over/under collection of these rate mechanisms with over-collections of revenue shown as positive amounts in the table above and under-collections shown as negative amounts. (c)Represents additional revenues outside the scope of revenues from contracts with customers such as leases and other miscellaneous revenues.
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Disaggregation of Revenue [Table Text Block] |
The following table shows revenues from contracts with customers disaggregated by customer class for the years ended December 31: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2021 | | Residential | | Commercial | | Industrial | | Other (a) | | Wholesale - municipality | | Wholesale - other (b) | | Transmission | | Revenues from Contracts with Customers | | | | | | | | | | | | | | | | | PPL | | | | | | | | | | | | | | | | PA Regulated | $ | 1,299 | | | $ | 350 | | | $ | 53 | | | $ | 50 | | | $ | — | | | $ | — | | | $ | 730 | | | $ | 2,482 | | KY Regulated | 1,416 | | | 928 | | | 586 | | | 305 | | | 24 | | | 66 | | | — | | | 3,325 | | Corp and Other | — | | | — | | | — | | | 31 | | | — | | | — | | | — | | | 31 | | Total PPL | $ | 2,715 | | | $ | 1,278 | | | $ | 639 | | | $ | 386 | | | $ | 24 | | | $ | 66 | | | $ | 730 | | | $ | 5,838 | | | | | | | | | | | | | | | | | | PPL Electric | $ | 1,299 | | | $ | 350 | | | $ | 53 | | | $ | 50 | | | $ | — | | | $ | — | | | $ | 730 | | | $ | 2,482 | | | | | | | | | | | | | | | | | | LG&E | $ | 711 | | | $ | 473 | | | $ | 180 | | | $ | 145 | | | $ | — | | | $ | 49 | | | $ | — | | | $ | 1,558 | | | | | | | | | | | | | | | | | | KU | $ | 705 | | | $ | 455 | | | $ | 406 | | | $ | 160 | | | $ | 24 | | | $ | 64 | | | $ | — | | | $ | 1,814 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2020 | | Residential | | Commercial | | Industrial | | Other (a) | | Wholesale - municipality | | Wholesale - other (b) | | Transmission | | Revenues from Contracts with Customers | | | | | | | | | | | | | | | | | PPL | | | | | | | | | | | | | | | | PA Regulated | $ | 1,238 | | | $ | 314 | | | $ | 44 | | | $ | 50 | | | $ | — | | | $ | — | | | $ | 670 | | | $ | 2,316 | | KY Regulated | 1,347 | | | 871 | | | 538 | | | 261 | | | 20 | | | 40 | | | — | | | 3,077 | | Corp and Other | — | | | — | | | — | | | 36 | | | — | | | — | | | — | | | 36 | | Total PPL | $ | 2,585 | | | $ | 1,185 | | | $ | 582 | | | $ | 347 | | | $ | 20 | | | $ | 40 | | | $ | 670 | | | $ | 5,429 | | | | | | | | | | | | | | | | | | PPL Electric | $ | 1,238 | | | $ | 314 | | | $ | 44 | | | $ | 50 | | | $ | — | | | $ | — | | | $ | 670 | | | $ | 2,316 | | | | | | | | | | | | | | | | | | LG&E | $ | 676 | | | $ | 444 | | | $ | 173 | | | $ | 114 | | | $ | — | | | $ | 34 | | | $ | — | | | $ | 1,441 | | | | | | | | | | | | | | | | | | KU | $ | 671 | | | $ | 427 | | | $ | 365 | | | $ | 147 | | | $ | 20 | | | $ | 46 | | | $ | — | | | $ | 1,676 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2019 | | Residential | | Commercial | | Industrial | | Other (a) | | Wholesale - municipality | | Wholesale - other (b) | | Transmission | | Revenues from Contracts with Customers | | | | | | | | | | | | | | | | | PPL | | | | | | | | | | | | | | | | PA Regulated | $ | 1,288 | | | $ | 349 | | | $ | 59 | | | $ | 52 | | | $ | — | | | $ | — | | | $ | 594 | | | $ | 2,342 | | KY Regulated | 1,322 | | | 908 | | | 562 | | | 277 | | | 43 | | | 49 | | | — | | | 3,161 | | Corp and Other | — | | | — | | | — | | | 38 | | | — | | | — | | | — | | | 38 | | Total PPL | $ | 2,610 | | | $ | 1,257 | | | $ | 621 | | | $ | 367 | | | $ | 43 | | | $ | 49 | | | $ | 594 | | | $ | 5,541 | | | | | | | | | | | | | | | | | | PPL Electric | $ | 1,288 | | | $ | 349 | | | $ | 59 | | | $ | 52 | | | $ | — | | | $ | — | | | $ | 594 | | | $ | 2,342 | | | | | | | | | | | | | | | | | | LG&E | $ | 668 | | | $ | 466 | | | $ | 180 | | | $ | 121 | | | $ | — | | | $ | 46 | | | $ | — | | | $ | 1,481 | | | | | | | | | | | | | | | | | | KU | $ | 654 | | | $ | 442 | | | $ | 382 | | | $ | 156 | | | $ | 43 | | | $ | 37 | | | $ | — | | | $ | 1,714 | |
(a)Primarily includes revenues from pole attachments, street lighting, other public authorities and other non-core businesses. (b)Includes wholesale power and transmission revenues. LG&E and KU amounts include intercompany power sales and transmission revenues, which are eliminated upon consolidation at PPL.
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Credit loss recognized from contract with customer [Table Text Block] |
The following table shows the accounts receivable and unbilled revenues balances that were impaired for the year ended December 31: | | | | | | | | | | | | | | | | | | | 2021 | | 2020 | | 2019 | PPL | $ | 22 | | | $ | 25 | | | $ | 27 | | PPL Electric | 10 | | | 17 | | | 21 | | LG&E | 4 | | | 4 | | | 2 | | KU | 8 | | | 4 | | | 4 | |
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Contract with Customer, Asset and Liability [Table Text Block] |
The following table shows the balances and certain activity of contract liabilities resulting from contracts with customers: | | | | | | | | | | | | | | | | | | | | | | | | | PPL | | PPL Electric | | LG&E | | KU | Contract liabilities as of December 31, 2021 | $ | 42 | | | $ | 25 | | | $ | 6 | | | $ | 6 | | Contract liabilities as of December 31, 2020 | 40 | | | 23 | | | 5 | | | 6 | | Revenue recognized during the year ended December 31, 2021 that was included in the contract liability balance at December 31, 2020 | 24 | | | 11 | | | 5 | | | 6 | | | | | | | | | | Contract liabilities as of December 31, 2020 | $ | 40 | | | $ | 23 | | | $ | 5 | | | $ | 6 | | Contract liabilities as of December 31, 2019 | 37 | | | 21 | | | 5 | | | 4 | | Revenue recognized during the year ended December 31, 2020 that was included in the contract liability balance at December 31, 2019 | 22 | | | 9 | | | 5 | | | 4 | | | | | | | | | | Contract liabilities as of December 31, 2019 | $ | 37 | | | $ | 21 | | | $ | 5 | | | $ | 4 | | Contract liabilities as of December 31, 2018 | 40 | | | 23 | | | 5 | | | 4 | | Revenue recognized during the year ended December 31, 2019 that was included in the contract liability balance at December 31, 2018 | 25 | | | 11 | | | 5 | | | 4 | |
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