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Earnings Per Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share
(PPL)

Basic EPS is computed by dividing income available to PPL common shareowners by the weighted-average number of common shares outstanding during the applicable period. Diluted EPS is computed by dividing income available to PPL common shareowners by the weighted-average number of common shares outstanding, increased by the number of incremental shares that would be outstanding if potentially dilutive share-based payment awards were converted to common shares as calculated using the Two-Class Method or Treasury Stock Method. Incremental non-participating securities that have a dilutive impact are detailed in the table below.

Reconciliations of the amounts of income and shares of PPL common stock (in thousands) for the periods ended December 31, used in the EPS calculation are:
 202420232022
Income (Numerator)   
Income from continuing operations after income taxes$888 $740 $714 
Less amounts allocated to participating securities
Income from continuing operations after income taxes available to PPL common shareowners - Basic and Diluted$886 $739 $713 
Income from discontinued operations (net of income taxes) available to PPL common shareowners - Basic and Diluted$— $— $42 
Net income attributable to PPL$888 $740 756 
Less amounts allocated to participating securities
Net income available to PPL common shareowners - Basic and Diluted$886 $739 $755 
Shares of Common Stock (Denominator)   
Weighted-average shares - Basic EPS737,756 737,036 736,027 
Add: Dilutive share-based payment awards (a)2,097 1,130 875 
Weighted-average shares - Diluted EPS739,853 738,166 736,902 
Basic EPS   
Available to PPL common shareowners:
Income from continuing operations after income taxes$1.20 $1.00 $0.97 
Income from discontinued operations (net of income taxes)— — 0.06 
Net Income available to PPL common shareowners$1.20 $1.00 $1.03 
Diluted EPS   
Available to PPL common shareowners:
Income from continuing operations after income taxes$1.20 $1.00 $0.96 
Income from discontinued operations (net of income taxes)— — 0.06 
Net Income available to PPL common shareowners$1.20 $1.00 $1.02 

(a)The Treasury Stock Method was applied to non-participating share-based payment awards.

For the years ended December 31, PPL issued common stock related to stock-based compensation plans as follows (in thousands):
 20242023
DRIP202 — 

For the years ended December 31, the following shares (in thousands) were excluded from the computations of diluted EPS because the effect would have been antidilutive:
 202420232022
Stock-based compensation awards— 243 93