Financing Activities (Tables)

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Schedule of Line of Credit Facilities

The following credit facilities were in place at:

	March 31, 2023									December 31, 2022
	Expiration Date	Capacity		Borrowed		Letters of Credit and Commercial Paper Issued (d)		Unused Capacity		Borrowed		Letters of Credit and Commercial Paper Issued (d)
PPL
PPL Capital Funding (a)
Syndicated Credit Facility (b)	Dec. 2027	$	1,250	$	—	$	—	$	1,250	$	—	$	561
Bilateral Credit Facility	Mar. 2024	100		—		—		100		—		—
Bilateral Credit Facility (c)	Mar. 2024	100		—		58		42		—		58
Total PPL Capital Funding Credit Facilities		$	1,450	$	—	$	58	$	1,392	$	—	$	619
PPL Electric
Syndicated Credit Facility	Dec. 2027	$	650	$	—	$	1	$	649	$	—	$	146
Term Loan Credit Facility	Mar. 2024	—		—		—		—		250		—
Total PPL Electric Credit Facilities		$	650	$	—	$	1	$	649	$	250	$	146
LG&E
Syndicated Credit Facility	Dec. 2027	$	500	$	—	$	—	$	500	$	—	$	180
Term Loan Credit Facility	Jul. 2024	—		—		—		—		300		—
Total LG&E Credit Facilities		$	500	$	—	$	—	$	500	$	300	$	180
KU
Syndicated Credit Facility	Dec. 2027	$	400	$	—	$	—	$	400	$	—	$	101
Term Loan Credit Facility	Jul. 2024	—		—		—		—		300		—
Total KU Credit Facilities		$	400	$	—	$	—	$	400	$	300	$	101

(a)PPL Capital Funding's obligations are fully and unconditionally guaranteed by PPL.

(b)Includes a $250 million borrowing sublimit for RIE and a $1 billion sublimit for PPL Capital Funding.

(c)Includes a $45 million letter of credit on behalf of RIE.

(d)Commercial paper issued reflects the undiscounted face value of the issuance.

Schedule of Short-term Debt

The following commercial paper programs were in place at:

	March 31, 2023							December 31, 2022
	Weighted - Average Interest Rate	Capacity		Commercial Paper Issuances (b)		Unused Capacity		Weighted - Average Interest Rate	Commercial Paper Issuances (b)
PPL Capital Funding (a)		$	1,350	$	—	$	1,350	4.84%	$	561
PPL Electric		650		—		650		4.74%	145
LG&E		500		—		500		4.94%	180
KU		400		—		400		4.90%	101
Total		$	2,900	$	—	$	2,900		$	987

(a)PPL Capital Funding's obligations are fully and unconditionally guaranteed by PPL.

(b)Commercial paper issued reflects the undiscounted face value of the issuance.