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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Revenues      
Operating Revenues $ 8,462 $ 8,312 $ 7,902
Operation      
Fuel 783 733 931
Energy purchases 1,679 1,841 1,686
Other operation and maintenance 2,607 2,462 2,398
Depreciation 1,279 1,254 1,181
Taxes, other than income 374 392 332
Total Operating Expenses 6,722 6,682 6,528
Operating Income 1,740 1,630 1,374
Other Income (Expense) - net 114 (40) 54
Interest Expense, Operating and Nonoperating 738 666 513
Income from Continuing Operations Before Income Taxes 1,116 924 915
Income Taxes 228 184 201
Income from Continuing Operations After Income Taxes 888 740 714
Income (Loss) from Discontinued Operations (net of income taxes) 0 0 42
Net income (Loss) $ 888 $ 740 $ 756
Earnings per Share of Common Stock [Abstract]      
Income from Continuing Operations After Income Taxes, Per Basic Share $ 1.20 $ 1.00 $ 0.97
Income (Loss) from Discontinued Operation ( net of income taxes), Per Basic Shares 0 0 0.06
Net Income (Loss) Available to PPL Common , Per Basic shares 1.20 1.00 1.03
Income from Continuing Operations After Income Taxes, Per Diluted Share 1.20 1.00 0.96
Net Income (Loss) Available to PPL Common Shareowners, Per Diluted Shares 1.20 1.00 1.02
Income (Loss) from Discontinued Operations (net of income taxes), Per Diluted Shares $ 0 $ 0 $ 0.06
Weighted-Average Shares of Common Stock Outstanding (in thousands)      
Basic 737,756 737,036 736,027
Diluted 739,853 738,166 736,902
PPL Electric Utilities Corp [Member]      
Operating Revenues      
Operating Revenues $ 2,876 $ 3,008 $ 3,030
Operation      
Energy purchases 721 992 1,048
Other operation and maintenance 705 605 605
Depreciation 401 397 393
Taxes, other than income 131 143 149
Total Operating Expenses 1,958 2,137 2,195
Operating Income 918 871 835
Other Income (Expense) - net 45 39 30
Interest Expense, Operating and Nonoperating 246 223 171
Income from Continuing Operations Before Income Taxes 750 687 699
Income Taxes 176 168 174
Net income (Loss) [1] 574 519 525
PPL Electric Utilities Corp [Member] | Related Party      
Weighted-Average Shares of Common Stock Outstanding (in thousands)      
Interest income 33 0 5
Louisville Gas And Electric Co [Member]      
Operating Revenues      
Operating Revenues 1,648 1,613 1,798
Operation      
Fuel 308 286 346
Energy purchases 151 168 245
Energy purchases from affiliate 20 12 25
Other operation and maintenance 349 364 416
Depreciation 305 302 298
Taxes, other than income 49 48 48
Total Operating Expenses 1,182 1,180 1,378
Operating Income 466 433 420
Other Income (Expense) - net 12 3 4
Interest Expense, Operating and Nonoperating 105 102 89
Income from Continuing Operations Before Income Taxes 374 335 335
Income Taxes 77 69 63
Net income (Loss) [2] 297 266 272
Louisville Gas And Electric Co [Member] | Nonrelated Party      
Operating Revenues      
Retail and wholesale 1,617 1,580 1,762
Louisville Gas And Electric Co [Member] | Related Party      
Operating Revenues      
Retail and wholesale 31 33 36
Weighted-Average Shares of Common Stock Outstanding (in thousands)      
Interest income 1 1 0
Kentucky Utilities Co [Member]      
Operating Revenues      
Operating Revenues 1,964 1,884 2,074
Operation      
Fuel 476 447 585
Energy purchases 25 24 28
Energy purchases from affiliate 31 33 36
Other operation and maintenance 413 427 487
Depreciation 403 392 386
Taxes, other than income 49 45 45
Total Operating Expenses 1,397 1,368 1,567
Operating Income 567 516 507
Other Income (Expense) - net 15 8 8
Income from Continuing Operations Before Income Taxes 445 389 398
Income Taxes 89 77 76
Net income (Loss) [3] 356 312 322
Kentucky Utilities Co [Member] | Nonrelated Party      
Operating Revenues      
Retail and wholesale 1,944 1,872 2,049
Operation      
Interest Expense, Operating and Nonoperating 137 134 117
Kentucky Utilities Co [Member] | Related Party      
Operating Revenues      
Retail and wholesale 20 12 25
Operation      
Interest Expense, Operating and Nonoperating $ 0 $ 1 $ 0
[1] Net income equals comprehensive income.
[2] Net income equals comprehensive income.
[3] Net income equals comprehensive income.