Pay vs Performance Disclosure - USD ($)

12 Months Ended

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Pay vs Performance Disclosure [Table]

PAY VERSUS PERFORMANCE

As required by Item 402(v) of Regulation S-K, we are providing the following information on the relationship between Compensation Actually Paid (CAP) and PPL’s performance for our NEOs, including our principal executive officer. CAP is defined by the SEC and is not used by the Compensation Committee in its pay-for-performance assessments. See the Compensation Discussion and Analysis section for a discussion of PPL’s compensation philosophy, practices and programs.

PPL’s executive compensation programs are structured to promote a strong pay for performance culture. As noted in the CD&A, 85% of the CEO’s 2022 target compensation was “at-risk” and 72% was performance based. In June 2020, William H. Spence retired from his position as CEO, therefore he is included in the Pay versus Performance Tables as our former CEO. Mr. Sorgi was promoted to the position of President and CEO effective June 1, 2020.

In 2021, PPL reported GAAP Net Income losses for the year that were non-cash in nature and primarily related to the sale of the U.K. utility business in June 2021 and certain tax changes in the U.K. Excluding the accounting effect of these one-time events, PPL’s operating businesses and PPL on a consolidated basis had strong financial and operational performance in 2021.

Based on our approach to align executive pay closely with performance, PPL’s CAP is directionally aligned with PPL’s Corporate EPS, total shareowner return (TSR), and return on equity. For example, PPL’s TSR declined by approximately 5% over the three-year measurement period, while CEO CAP (relative to Summary Compensation Table disclosure) declined by approximately 10% overall over this three-year period. See the table below for more details followed by a description of the relationship between CAP and select performance metrics.

Pay Versus Performance Table


Year	SCT Total for CEO (1)		Comp Actually Paid to CEO (1)(5)		SCT Total for Former CEO (2)		Comp Actually Paid to Former CEO (2)(5)		Average SCT total for Non- CEO NEOs (3)		Average Comp Actually Paid to Non-CEO NEOs (3)(5)		Value of initial fixed $100 investment based on:				Net Income (millions)		Corporate EPS (6)
Year	SCT Total for CEO (1)		Comp Actually Paid to CEO (1)(5)		SCT Total for Former CEO (2)		Comp Actually Paid to Former CEO (2)(5)		Average SCT total for Non- CEO NEOs (3)		Average Comp Actually Paid to Non-CEO NEOs (3)(5)		Company TSR		Peer TSR (4)		Net Income (millions)		Corporate EPS (6)
2022	$	9,146,575	$	9,088,623						$2,706,259		$2,888,926		$95		$117		$ 756		$1.41
2021		11,356,481		11,504,637						3,976,822		3,779,539		94		116		-1,480		1.02
2020		7,774,443		5,057,638	$	9,926,113	$	569,444		3,743,503		1,635,344		84		99		1,469		2.49

Current CEO Compensation Reconciliation Footnotes

(1)	SCT Totals and CAP Totals for CEO include Mr. Sorgi, President and Chief Executive Of ficer. A reconciliation of total compensation from the Summary Compensation Table to CAP for our CEO is provided in the following tables:


Year	SCT Total for CEO		Total Equity Adjustment		Total Pension Benefit Adjustment		CAP Total for CEO		Total Adjustment		Equity Driven	Pension Driven
2022	$	9,146,575	$	-129,755	$	71,803	$	9,088,623	$	-57,952	64%	36%
2021		11,356,481		1,778,997		-1,630,841		11,504,637		148,156	52%	48%
2020		7,774,443		-1,160,073		-1,556,732		5,057,638		-2,716,805	43%	57%

The following provides the adjustments for equity compensation:


Year	SCT Total		SCT Equity Total		Fair Value of Equity Granted during FY at FYE		Change in Value of Prior Awards Unvested at FYE		Change in Value of Prior Awards Vested in FY		Equity Value Included in CAP		Total Equity Adjustment
2022	$	9,146,575		$5,926,933		$6,576,826		$-222,115		$-557,533		$5,797,178	$	-129,755
2021		11,356,481		5,111,866		6,926,098		120,260		-155,495		6,890,863		1,778,997
2020		7,774,443		3,514,187		3,653,495		-820,292		-479,089		2,354,114		-1,160,073

The following provides the adjustments for pension and defined benefit plan compensation:


Year	SCT Total		SCT Change in Pension Value		CAP Pension Service Cost		Total Pension Benefit Adjustment
2022	$	9,146,575		$ 0		$ 71,803	$	71,803
2021		11,356,481		2,361,092		730,251		-1,630,841
2020		7,774,443		1,940,207		383,475		-1,556,732

Former CEO Compensation Reconciliation Footnotes

(2)	SCT Totals and CAP Totals for Former CEO include Mr. Spence, Former Chief Executive Officer. A reconciliation of total compensation from the Summary Compensation Table to CAP for our Former CEO is provided in the following tables:


Year	SCT Total for Former CEO		Total Equity Adjustment		Total Pension Benefit Adjustment		CAP Total for Former CEO		Total Adjustment		Equity Driven		Pension Driven
2022
2021
2020		$9,926,113		$-7,744,198		$-1,612,471		$569,444		$-9,356,669		83%		17%

The following provides the adjustments for equity compensation:


Year	SCT Total		SCT Equity Total		Fair Value of Equity Granted during FY at FYE		Change in Value of Prior Awards Unvested at FYE		Change in Value of Prior Awards Vested in FY		Equity Value Included in CAP		Total Equity Adjustment
2022
2021
2020		$9,926,113		$5,707,265		$3,054,993		$-2,565,682		$-2,526,244		$-2,036,933		$-7,744,198

The following provides the adjustments for pension and defined benefit plan compensation:


Year	SCT Total		SCT Change in Pension Value		CAP Pension Service Cost		Total Pension Benefit Adjustment
2022
2021
2020		$9,926,113		$2,572,270		$959,799		$-1,612,471

Non-CEO NEO Compensation Reconciliati

Footnotes

(3)	Average SCT Totals and Average CAP Totals for Non-CEO NEOs include Messrs. Bergstein, Thompson, Dudkin and Ms. Raphael for 2020; Messrs. Bergstein, Dudkin, Thompson, Swift and Ms. Stark for 2021; and Messrs. Bergstein, Dudkin, Crockett and Ms. Stark for 2022.


Year	SCT Total for Non- CEO NEOs		Total Equity Adjustment		Total Pension Benefit Adjustment		CAP Total for CEO		Total Adjustment		Equity Driven	Pension Driven
2022		$2,706,259		$ 23,558		$ 159,109		$2,888,926		$ 182,667	13%	87%
2021		3,976,822		253,256		-450,539		3,779,539		-197,283	36%	64%
2020		3,743,503		-812,826		-1,295,333		1,635,344		-2,108,159	39%	61%

The following provides the adjustments f

equity compensation:


Year	SCT Total		SCT Equity Total		Fair Value of Equity Granted during FY at FYE		Change in Value of Prior Awards Unvested at FYE		Change in Value of Prior Awards Vested in FY		Cash Dividends Paid during FY (a)		Equity Value Included in CAP		Total Equity Adjustment
2022		$2,706,259		$1,431,279		$1,588,222		$ -45,074		$ -89,392		$1,082		$1,454,837		$ 23,558
2021		3,976,822		1,115,932		1,289,371		26,497		52,120		1,199		1,369,187		253,256
2020		3,743,503		1,108,663		1,016,334		-422,772		-298,929		1,204		295,837		-812,826

(a)	Certain non-CEO NEOs received cash dividends for awards granted under the applicable plan.

The following provides the adjustments for pension and defined benefit plan compe

ation:


Year	SCT Total		SCT Change in Pension Value		CAP Pension Service Cost		Total Pension Benefit Adjustment
2022		$2,706,259		$ 0		$159,109		$ 159,109
2021		3,976,822		588,280		137,741		-450,539
2020		3,743,503		1,462,632		167,299		-1,295,333

(4)	TSR assumes $100 invested on December 31, 2019, including reinvestment of dividends. Peer TSR represents the EEI Index of Investor-owned Electric Utilities, which is the index used to show performance in our Annual Report.

(5)

In calculating CAP, PPL calculated the fair value (or change in fair value) of outstanding, vested and forfeited equity awards in accordance with SEC rules for CAP and computed in a manner consistent with the methodology for financial reporting purposes consistent with U.S. generally accepted accounting principles. For restricted stock units, CAP values are based on a closing price on applicable year-end date(s) or, in the case of vesting dates, the actual vesting price. For performance units (excluding TSR Awards), CAP values are based on the same valuation methodology as restricted stock unit awards above except year-end values are multiplied times the probability of achievement as of each such date. For TSR-based performance units, the fair value is calculated by a Monte Carlo simulation model that considers stock beta, a risk-free interest rate, expected stock volatility and expected life as of the applicable year-end date(s). For more information about PPL’s share-based accounting, see Note 11 of Notes to Consolidated Financial Statements contained in PPL’s Annual Report for the year ended December 31, 2022.

(6)	Corporate EPS as adjusted for compensation purposes. See page 42 for more information on Corporate EPS and its use in our short-term incentive plans.

Company Selected Measure Name

Corporate EPS

Named Executive Officers, Footnote [Text Block]

Average SCT Totals and Average CAP Totals for Non-CEO NEOs include Messrs. Bergstein, Thompson, Dudkin and Ms. Raphael for 2020; Messrs. Bergstein, Dudkin, Thompson, Swift and Ms. Stark for 2021; and Messrs. Bergstein, Dudkin, Crockett and Ms. Stark for 2022.

Peer Group Issuers, Footnote [Text Block]

Peer TSR represents the EEI Index of Investor-owned Electric Utilities, which is the index used to show performance in our Annual Report.

Adjustment To PEO Compensation, Footnote [Text Block]

(1)	SCT Totals and CAP Totals for CEO include Mr. Sorgi, President and Chief Executive Of ficer. A reconciliation of total compensation from the Summary Compensation Table to CAP for our CEO is provided in the following tables:


Year	SCT Total for CEO		Total Equity Adjustment		Total Pension Benefit Adjustment		CAP Total for CEO		Total Adjustment		Equity Driven	Pension Driven
2022	$	9,146,575	$	-129,755	$	71,803	$	9,088,623	$	-57,952	64%	36%
2021		11,356,481		1,778,997		-1,630,841		11,504,637		148,156	52%	48%
2020		7,774,443		-1,160,073		-1,556,732		5,057,638		-2,716,805	43%	57%

The following provides the adjustments for equity compensation:


Year	SCT Total		SCT Equity Total		Fair Value of Equity Granted during FY at FYE		Change in Value of Prior Awards Unvested at FYE		Change in Value of Prior Awards Vested in FY		Equity Value Included in CAP		Total Equity Adjustment
2022	$	9,146,575		$5,926,933		$6,576,826		$-222,115		$-557,533		$5,797,178	$	-129,755
2021		11,356,481		5,111,866		6,926,098		120,260		-155,495		6,890,863		1,778,997
2020		7,774,443		3,514,187		3,653,495		-820,292		-479,089		2,354,114		-1,160,073

The following provides the adjustments for pension and defined benefit plan compensation:


Year	SCT Total		SCT Change in Pension Value		CAP Pension Service Cost		Total Pension Benefit Adjustment
2022	$	9,146,575		$ 0		$ 71,803	$	71,803
2021		11,356,481		2,361,092		730,251		-1,630,841
2020		7,774,443		1,940,207		383,475		-1,556,732

Former CEO Compensation Reconciliation Footnotes

(2)	SCT Totals and CAP Totals for Former CEO include Mr. Spence, Former Chief Executive Officer. A reconciliation of total compensation from the Summary Compensation Table to CAP for our Former CEO is provided in the following tables:


Year	SCT Total for Former CEO		Total Equity Adjustment		Total Pension Benefit Adjustment		CAP Total for Former CEO		Total Adjustment		Equity Driven		Pension Driven
2022
2021
2020		$9,926,113		$-7,744,198		$-1,612,471		$569,444		$-9,356,669		83%		17%

The following provides the adjustments for equity compensation:


Year	SCT Total		SCT Equity Total		Fair Value of Equity Granted during FY at FYE		Change in Value of Prior Awards Unvested at FYE		Change in Value of Prior Awards Vested in FY		Equity Value Included in CAP		Total Equity Adjustment
2022
2021
2020		$9,926,113		$5,707,265		$3,054,993		$-2,565,682		$-2,526,244		$-2,036,933		$-7,744,198

The following provides the adjustments for pension and defined benefit plan compensation:


Year	SCT Total		SCT Change in Pension Value		CAP Pension Service Cost		Total Pension Benefit Adjustment
2022
2021
2020		$9,926,113		$2,572,270		$959,799		$-1,612,471

Non-PEO NEO Average Total Compensation Amount

$ 2,706,259

$ 3,976,822

$ 3,743,503

Non-PEO NEO Average Compensation Actually Paid Amount

$ 2,888,926

3,779,539

1,635,344

Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

(3)	Average SCT Totals and Average CAP Totals for Non-CEO NEOs include Messrs. Bergstein, Thompson, Dudkin and Ms. Raphael for 2020; Messrs. Bergstein, Dudkin, Thompson, Swift and Ms. Stark for 2021; and Messrs. Bergstein, Dudkin, Crockett and Ms. Stark for 2022.


Year	SCT Total for Non- CEO NEOs		Total Equity Adjustment		Total Pension Benefit Adjustment		CAP Total for CEO		Total Adjustment		Equity Driven	Pension Driven
2022		$2,706,259		$ 23,558		$ 159,109		$2,888,926		$ 182,667	13%	87%
2021		3,976,822		253,256		-450,539		3,779,539		-197,283	36%	64%
2020		3,743,503		-812,826		-1,295,333		1,635,344		-2,108,159	39%	61%

The following provides the adjustments f

equity compensation:


Year	SCT Total		SCT Equity Total		Fair Value of Equity Granted during FY at FYE		Change in Value of Prior Awards Unvested at FYE		Change in Value of Prior Awards Vested in FY		Cash Dividends Paid during FY (a)		Equity Value Included in CAP		Total Equity Adjustment
2022		$2,706,259		$1,431,279		$1,588,222		$ -45,074		$ -89,392		$1,082		$1,454,837		$ 23,558
2021		3,976,822		1,115,932		1,289,371		26,497		52,120		1,199		1,369,187		253,256
2020		3,743,503		1,108,663		1,016,334		-422,772		-298,929		1,204		295,837		-812,826

(a)	Certain non-CEO NEOs received cash dividends for awards granted under the applicable plan.

The following provides the adjustments for pension and defined benefit plan compe

ation:


Year	SCT Total		SCT Change in Pension Value		CAP Pension Service Cost		Total Pension Benefit Adjustment
2022		$2,706,259		$ 0		$159,109		$ 159,109
2021		3,976,822		588,280		137,741		-450,539
2020		3,743,503		1,462,632		167,299		-1,295,333

Compensation Actually Paid vs. Total Shareholder Return [Text Block]

Compensation Actually Paid vs. Net Income [Text Block]

Compensation Actually Paid vs. Company Selected Measure [Text Block]

Total Shareholder Return Vs Peer Group [Text Block]

Tabular List [Table Text Block]

List of Company Selected Measures


The following table highlights PPL’s performance measures that are most closely tied to executive compensation as reported in the Pay vs. Performance Table above. See page 42 for more information on Corporate EPS and Operational Goals and how they are utilized in our short-term incentive plans and Annex A for a reconciliation of financial measures presented in accordance with GAAP to non- GAAP measures used for compensation. See page 42 for more information on TSR and ROE as well as EG and ESG, newly added measures utilized in our LTI plans.		Most Important Performance Measures (alphabetical ranking)
		Corporate Earnings Per Share
		Earnings Growth
		Environmental, Socal and Governance
		Operational Goals
		Relative Total Shareowner Return
		Return on Equity