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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2024
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Accumulated Other Comprehensive Income (Loss)
The after-tax changes in AOCI by component for the years ended December 31 were as follows:
  Defined benefit plans 
Foreign
currency
translation
adjustments
Unrealized gains (losses) on
qualifying
derivatives
Equity
investees'
AOCI
Prior
service
costs
Actuarial
gain
(loss)
Total
PPL      
December 31, 2021$— $$— $(6)$(152)$(157)
Amounts arising during the year— — (1)11 12 
Reclassifications from AOCI— — 17 21 
Net OCI during the year— 28 33 
December 31, 2022$— $$$(5)$(124)$(124)
Amounts arising during the year— — — (41)(40)
Reclassifications from AOCI— — (3)
Net OCI during the year— (44)(39)
December 31, 2023$— $$$(4)$(168)$(163)
Amounts arising during the year— — — (22)(21)
Reclassifications from AOCI— — (4)— 
Net OCI during the year— (26)(21)
December 31, 2024$— $$$(3)$(194)$(184)
Reclassification out of Other Comprehensive Income (Loss)
The following table presents PPL's gains (losses) and related income taxes for reclassifications from AOCI for the years ended December 31, 2024, 2023 and 2022. The defined benefit plan components of AOCI are not reflected in their entirety in the statement of income; rather, they are included in the computation of net periodic defined benefit costs (credits) and subject to capitalization. See Note 10 for additional information.
PPL
Details about AOCI202420232022Affected Line Item on the
Statements of Income
Qualifying derivatives    
Interest rate swaps$(3)$(3)$(3)Interest Expense
Total Pre-tax(3)(3)(3) 
Income Taxes— —  
Total After-tax(3)(3)(2) 
Defined benefit plans    
Prior service costs(1)(2)(3) 
Net actuarial loss(24) 
Total Pre-tax(27) 
Income Taxes—  
Total After-tax(19) 
Total reclassifications during the year$— $(1)$(21)