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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Revenues    
Operating Revenues $ 2,504 $ 2,304
Operation    
Fuel 234 209
Energy purchases 559 520
Other operation and maintenance 598 626
Depreciation 322 316
Taxes, other than income 113 88
Total Operating Expenses 1,826 1,759
Operating Income 678 545
Other Income (Expense) - net 28 22
Interest Expense 190 179
Income Taxes 102 81
Income from continuing operations after income taxes 414  
Net Income (Loss) $ 414 $ 307
Net Income:    
Diluted (in dollars per share) $ 0.56 $ 0.42
Weighted-Average Shares of Common Stock Outstanding (in thousands)    
Basic (in shares) 738,691 737,512
Diluted (in shares) 741,400 738,820
Income from Continuing Operations Before Income Taxes $ 516 $ 388
Income (Loss) from Continuing Operations After Income Taxes, Basic $ 0.56 $ 0.42
Income (Loss) from Continuing Operations after income taxes, Diluted $ 0.56 $ 0.42
PPL Electric Utilities Corp [Member]    
Operating Revenues    
Operating Revenues $ 819 $ 770
Operation    
Energy purchases 229 214
Other operation and maintenance 162 181
Depreciation 102 99
Taxes, other than income 41 36
Total Operating Expenses 534 530
Operating Income 285 240
Other Income (Expense) - net 11 9
Interest Expense 60 62
Income Taxes 54 48
Net Income (Loss) [1] 184 149
Weighted-Average Shares of Common Stock Outstanding (in thousands)    
Income from Continuing Operations Before Income Taxes 238 197
PPL Electric Utilities Corp [Member] | Related Party    
Operation    
Interest Income from affiliate 2 10
Louisville Gas And Electric Co [Member]    
Operating Revenues    
Operating Revenues 505 476
Operation    
Fuel 82 86
Energy purchases 88 71
Energy purchases from affiliate 5 1
Other operation and maintenance 89 88
Depreciation 74 76
Taxes, other than income 13 13
Total Operating Expenses 351 335
Operating Income 154 141
Other Income (Expense) - net 3 2
Interest Expense 26 26
Income Taxes 26 24
Net Income (Loss) 105 [2] 93
Weighted-Average Shares of Common Stock Outstanding (in thousands)    
Income from Continuing Operations Before Income Taxes 131 117
Louisville Gas And Electric Co [Member] | Related Party    
Operating Revenues    
Retail and wholesale 5 16
Louisville Gas And Electric Co [Member] | Nonrelated Party    
Operating Revenues    
Retail and wholesale 500 460
Kentucky Utilities Co [Member]    
Operating Revenues    
Operating Revenues 564 525
Operation    
Fuel 152 123
Energy purchases 7 6
Energy purchases from affiliate 5 16
Other operation and maintenance 100 102
Depreciation 102 99
Taxes, other than income 12 12
Total Operating Expenses 378 358
Operating Income 186 167
Other Income (Expense) - net 5 2
Interest Expense 35 34
Income Taxes 31 27
Net Income (Loss) [3] 125 108
Weighted-Average Shares of Common Stock Outstanding (in thousands)    
Income from Continuing Operations Before Income Taxes 156 135
Kentucky Utilities Co [Member] | Related Party    
Operating Revenues    
Retail and wholesale 5 1
Kentucky Utilities Co [Member] | Nonrelated Party    
Operating Revenues    
Retail and wholesale $ 559 $ 524
[1] Net income equals comprehensive income.
[2] Net income equals comprehensive income.
[3] Net income equals comprehensive income.