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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock [Member]
Additional Paid-in Capital
Earnings Reinvested
Earnings Reinvested
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss
Treasury Stock
Noncontrolling Interest
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 $ 12,991   $ 8 $ 12,214 $ 5,127   $ (4,358) $ 0 $ 0                        
Dividends Declared Per Share of Common Stock $ 1.660                                        
Balance at beginning of period - shares at Dec. 31, 2019     767,233 [1]               66,368 [2]       21,294 [3]       37,818 [4]    
Balance at beginning of period at Dec. 31, 2019                   $ 4,832 $ 364 $ 3,558 $ 910 $ 2,762 $ 424 $ 1,820 $ 518 $ 3,574 $ 308 $ 2,729 $ 537
Common stock shares issued [1]     1,674                                    
Net income (loss) $ 1,469       1,469         497 [5]     497 244 [6]     244 280 [7]     280
Capital contributions from parent                   940   940   103   103   128   128  
Return of Capital to Parent                   (745)   (745)                  
Cash dividends declared on common stock                   (400)     (400) (161)     (161) (200)     (200)
Other comprehensive income (loss) 138           138                            
Balance at end of period - shares at Dec. 31, 2020     768,907 [1]               66,368 [2]       21,294 [3]       37,818 [4]    
Balance at end 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 issued 51     51                                  
Stock-based compensation 5     5                                  
Dividends (1,279)       (1,279)                                
Total Equity $ 13,373 $ (2) $ 8 12,270 5,315 $ (2) (4,220) $ 0 0                        
Dividends Declared Per Share of Common Stock $ 1.660                                        
Common stock shares issued [1]     983                                    
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   735,112 [1]             66,368 66,368 [2]     21,294 21,294 [3]     37,818 37,818 [4]    
Balance at end of period at Dec. 31, 2021 $ 13,723                 $ 5,736 $ 364 4,254 1,118 $ 3,079 $ 424 1,997 658 $ 3,928 $ 308 2,957 663
Common stock issued 29     29                                  
Stock-based compensation 4     4                                  
Dividends (1,263)       (1,263)                                
Stock Issued During Period, Value, Reissued Treasury Stock (1,003)                                        
Stock Issued During Period, Shares, Treasury Stock Reissued               (34,778)                          
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                                    
Treasury stock     1,252                                    
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               3                        
Common stock issued 5     5                                  
Stock-based compensation 9     9                                  
Dividends (647)       (647)                                
Stock Issued During Period, Value, Reissued Treasury Stock 36             36                          
Total Equity $ 13,918   $ 8 $ 12,317 $ 2,681   $ (124) $ (967) $ 3                        
[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.