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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Assets, Current [Abstract]    
Cash and cash equivalents $ 460 $ 356
Accounts receivable (less reserve:)    
Customer 1,033 896
Other 121 150
Unbilled revenues 443 552
Fuel, materials and supplies 434 443
Prepayments 175 92
Regulatory Assets, Current 313 258
Other current assets 59 77
Total Current Assets 3,038 2,824
Property, Plant and Equipment    
Regulated utility plant 37,276 36,961
Less:  accumulated depreciation - regulated utility plant 8,580 8,352
Regulated utility plant, net 28,696 28,609
Non-regulated property, plant and equipment 63 92
Less:  accumulated depreciation - non-regulated property, plant and equipment 22 46
Non-regulated property, plant and equipment, net 41 46
Construction work in progress 1,720 1,583
Property, Plant and Equipment, net 30,457 30,238
Other Noncurrent Assets    
Regulatory assets 1,820 1,819
Goodwill 2,248 2,248
Other intangibles 310 313
Other noncurrent assets 429 395
Assets, Noncurrent 4,807 4,775
Total Assets 38,302 37,837
Current Liabilities    
Short-term debt 0 985
Long-term debt due within one year 104 354
Accounts payable 1,133 1,201
Taxes 82 124
Interest 164 97
Dividends 173 166
Regulatory liabilities 282 238
Other current liabilities 542 624
Liabilities, Current, Total 2,480 3,789
Long-term Debt, Unclassified [Abstract]    
Long-term Debt 14,481 12,889
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 3,092 3,007
Investment tax credits 116 117
Accrued pension obligations 185 206
Asset retirement obligations 127 138
Regulatory liabilities 3,419 3,412
Other deferred credits and noncurrent liabilities 366 361
Total Deferred Credits and Other Noncurrent Liabilities 7,305 7,241
Commitments and Contingent Liabilities
Equity    
Common stock [1] 8 8
Additional paid-in capital 12,310 12,317
Treasury Stock (950) (967)
Earnings reinvested 2,788 2,681
Accumulated other comprehensive loss (123) (124)
Total Shareowners' Common Equity 14,033 13,915
Noncontrolling interests 3 3
Total Equity 14,036 13,918
Total Liabilities and Equity 38,302 37,837
PPL Electric Utilities Corp [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 56 25
Accounts receivable (less reserve:)    
Other 9 12
Unbilled revenues 204 224
Notes Receivable from affiliates 0 0
Fuel, materials and supplies 86 69
Prepayments 111 34
Regulatory Assets, Current 34 13
Other current assets 25 22
Total Current Assets 1,017 759
Property, Plant and Equipment    
Regulated utility plant 14,921 14,794
Less:  accumulated depreciation - regulated utility plant 3,611 3,544
Regulated utility plant, net 11,310 11,250
Construction work in progress 629 593
Property, Plant and Equipment, net 11,939 11,843
Other Noncurrent Assets    
Regulatory assets 560 568
Other intangibles 268 269
Other noncurrent assets 137 126
Assets, Noncurrent 965 963
Total Assets 13,921 13,565
Current Liabilities    
Short-term debt 0 145
Long-term debt due within one year 90 340
Taxes 0 36
Interest 50 35
Regulatory liabilities 94 85
Other current liabilities 105 86
Liabilities, Current, Total 874 1,223
Long-term Debt, Unclassified [Abstract]    
Long-term Debt 4,566 4,146
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,536 1,514
Regulatory liabilities 832 820
Other deferred credits and noncurrent liabilities 98 111
Total Deferred Credits and Other Noncurrent Liabilities 2,466 2,445
Commitments and Contingent Liabilities
Equity    
Common stock [2] 364 364
Additional paid-in capital 4,284 4,084
Earnings reinvested 1,367 1,303
Total Equity 6,015 5,751
Total Liabilities and Equity $ 13,921 $ 13,565
Financing Receivable, after Allowance for Credit Loss, Related and Nonrelated Party Status [Extensible Enumeration] Related Party Related Party
PPL Electric Utilities Corp [Member] | Related Party    
Accounts receivable (less reserve:)    
Customer $ 4 $ 3
Current Liabilities    
Accounts payable 43 16
PPL Electric Utilities Corp [Member] | Nonrelated Party    
Accounts receivable (less reserve:)    
Customer 488 357
Current Liabilities    
Accounts payable 492 480
Louisville Gas And Electric Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 28 93
Accounts receivable (less reserve:)    
Other 17 13
Unbilled revenues 79 112
Notes Receivable from affiliates 9 0
Fuel, materials and supplies 125 166
Prepayments 14 13
Regulatory Assets, Current 8 23
Other current assets 0 2
Total Current Assets 427 616
Property, Plant and Equipment    
Regulated utility plant 7,444 7,429
Less:  accumulated depreciation - regulated utility plant 1,403 1,355
Regulated utility plant, net 6,041 6,074
Construction work in progress 317 268
Property, Plant and Equipment, net 6,358 6,342
Other Noncurrent Assets    
Regulatory assets 378 373
Goodwill 389 389
Other intangibles 22 24
Other noncurrent assets 71 66
Assets, Noncurrent 860 852
Total Assets 7,645 7,810
Current Liabilities    
Short-term debt 0 179
Notes Payable to affiliates 0 0
Taxes 14 41
Price risk management liabilities current 1 1
Interest 33 15
Current Customer Deposits 33 32
Regulatory liabilities 13 7
Asset Retirement Obligation, Current 14 13
Other current liabilities 35 46
Liabilities, Current, Total 365 559
Long-term Debt, Unclassified [Abstract]    
Long-term Debt 2,404 2,307
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 775 771
Investment tax credits 31 31
Asset retirement obligations 65 73
Regulatory liabilities 834 833
Price risk management liabilities 7 6
Other deferred credits and noncurrent liabilities 63 64
Total Deferred Credits and Other Noncurrent Liabilities 1,775 1,778
Commitments and Contingent Liabilities
Equity    
Common stock [3] 424 424
Additional paid-in capital 1,967 2,087
Earnings reinvested 710 655
Total Equity 3,101 3,166
Total Liabilities and Equity $ 7,645 $ 7,810
Financing Receivable, after Allowance for Credit Loss, Related and Nonrelated Party Status [Extensible Enumeration] Related Party Related Party
Notes Payable, Related and Nonrelated Party Status [Extensible Enumeration] Related Party Related Party
Louisville Gas And Electric Co [Member] | Related Party    
Accounts receivable (less reserve:)    
Customer $ 23 $ 37
Current Liabilities    
Accounts payable 90 60
Louisville Gas And Electric Co [Member] | Nonrelated Party    
Accounts receivable (less reserve:)    
Customer 124 157
Current Liabilities    
Accounts payable 132 165
Kentucky Utilities Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 9 21
Accounts receivable (less reserve:)    
Customer 140 158
Other 11 13
Unbilled revenues 89 114
Fuel, materials and supplies 175 167
Prepayments 12 14
Regulatory Assets, Current 23 32
Other current assets 0 1
Total Current Assets 459 520
Property, Plant and Equipment    
Regulated utility plant 9,575 9,515
Less:  accumulated depreciation - regulated utility plant 2,275 2,201
Regulated utility plant, net 7,300 7,314
Construction work in progress 595 522
Property, Plant and Equipment, net 7,895 7,836
Other Noncurrent Assets    
Regulatory assets 447 442
Goodwill 607 607
Other intangibles 20 21
Other noncurrent assets 124 116
Assets, Noncurrent 1,198 1,186
Total Assets 9,552 9,542
Current Liabilities    
Short-term debt 0 101
Long-term debt due within one year 13 13
Notes Payable to affiliates 9 0
Taxes 15 26
Interest 45 19
Current Customer Deposits 34 33
Regulatory liabilities 5 6
Asset Retirement Obligation, Current 24 26
Other current liabilities 50 51
Liabilities, Current, Total 409 499
Long-term Debt, Unclassified [Abstract]    
Long-term Debt 3,003 2,907
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 902 896
Investment tax credits 84 85
Asset retirement obligations 54 56
Regulatory liabilities 1,028 1,029
Other deferred credits and noncurrent liabilities 35 32
Total Deferred Credits and Other Noncurrent Liabilities 2,103 2,098
Commitments and Contingent Liabilities
Equity    
Common stock [4] 308 308
Additional paid-in capital 2,987 3,041
Earnings reinvested 742 689
Total Equity 4,037 4,038
Total Liabilities and Equity $ 9,552 $ 9,542
Notes Payable, Related and Nonrelated Party Status [Extensible Enumeration] Related Party Related Party
Kentucky Utilities Co [Member] | Related Party    
Current Liabilities    
Accounts payable $ 101 $ 101
Kentucky Utilities Co [Member] | Nonrelated Party    
Current Liabilities    
Accounts payable $ 113 $ 123
[1] 1,560,000 shares authorized, 770,013 shares issued and 737,067 shares outstanding at March 31, 2023. 1,560,000 shares authorized, 770,013 shares issued and 736,487 shares outstanding at December 31, 2022.
[2] 170,000 shares authorized; 66,368 shares issued and outstanding at March 31, 2023 and December 31, 2022.
[3] 75,000 shares authorized; 21,294 shares issued and outstanding at March 31, 2023 and December 31, 2022.
[4] 80,000 shares authorized; 37,818 shares issued and outstanding at March 31, 2023 and December 31, 2022.