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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Earnings Reinvested [Member]
Accumulated Other Comprehensive Loss [Member]
Treasury Stock, Common
PPL Electric Utilities Corp [Member]
PPL Electric Utilities Corp [Member]
Common Stock [Member]
PPL Electric Utilities Corp [Member]
Additional Paid-in Capital [Member]
PPL Electric Utilities Corp [Member]
Earnings Reinvested [Member]
Louisville Gas And Electric Co [Member]
Louisville Gas And Electric Co [Member]
Common Stock [Member]
Louisville Gas And Electric Co [Member]
Additional Paid-in Capital [Member]
Louisville Gas And Electric Co [Member]
Earnings Reinvested [Member]
Kentucky Utilities Co [Member]
Kentucky Utilities Co [Member]
Common Stock [Member]
Kentucky Utilities Co [Member]
Additional Paid-in Capital [Member]
Kentucky Utilities Co [Member]
Earnings Reinvested [Member]
Total Equity $ 13,933 $ 8 $ 12,326 $ 2,710 $ (163) $ (948) $ 5,903 $ 364 $ 4,040 $ 1,499 $ 3,172 $ 424 $ 1,993 $ 755 $ 4,152 $ 308 $ 3,033 $ 811
Dividends Declared Per Share of Common Stock (in dollars per share) $ 0.2575                                  
Balance at beginning of period - shares at Dec. 31, 2023   737,130 [1]           66,368 [2]       21,294 [3]       37,818 [4]    
Stock Issued During Period, Value, Treasury Stock Reissued $ 17   0     $ 17                        
Stock Issued During Period, Shares, Treasury Stock Reissued           606                        
APIC, Share-Based Payment Arrangement, Recognition and Exercise (12)   (12)                              
Net income (loss) 307     307     149 [5]     149 93     93 108 [6]     108
Contributions from parent             675   675                  
Payments of Capital Distribution                     (51)   (51)   (50)   (50)  
Dividends and dividend equivalents (189) [7]     (189) [7]     (88)     (88) (37)     (37) (47)     (47)
Other comprehensive income (loss) 2       2                          
Balance at end of period - shares at Mar. 31, 2024   737,736 [1]           66,368 [2]       21,294 [3]       37,818 [4]    
Total Equity 14,058 $ 8 12,314 2,828 (161) $ (931) 6,639 $ 364 4,715 1,560 3,177 $ 424 1,942 811 4,163 $ 308 2,983 872
Total Equity $ 14,077 $ 8 12,346 2,835 (184) (928) $ 6,730 $ 364 4,668 1,698 $ 3,271 $ 424 1,982 865 $ 4,299 $ 308 3,056 935
Dividends Declared Per Share of Common Stock (in dollars per share) $ 0.2725                                  
Balance at beginning of period - shares at Dec. 31, 2024 738,033 738,033 [1]         66,368 66,368 [2]     21,294 21,294 [3]     37,818 37,818 [4]    
Common stock shares issued   200                                
Common stock issued $ 0   0                              
Stock Issued During Period, Value, Treasury Stock Reissued 24   0     $ 24                        
Stock Issued During Period, Shares, Treasury Stock Reissued           833                        
APIC, Share-Based Payment Arrangement, Recognition and Exercise (16)   (16)                              
Net income (loss) 414     414     $ 184 [5]     184 $ 105 [8]     105 $ 125 [6]     125
Contributions from parent             0                      
Payments of Capital Distribution                     (55)   (55)   (37)   (37)  
Dividends and dividend equivalents (202) [7]     (202) [7]     $ (88)     (88) $ (43)     (43) $ (46)     (46)
Other comprehensive income (loss) $ 0       0                          
Balance at end of period - shares at Mar. 31, 2025 739,066 739,066         66,368 66,368 [2]     21,294 21,294 [3]     37,818 37,818 [4]    
Total Equity $ 14,297 $ 8 $ 12,330 $ 3,047 $ (184) $ (904) $ 6,826 $ 364 $ 4,668 $ 1,794 $ 3,278 $ 424 $ 1,927 $ 927 $ 4,341 $ 308 $ 3,019 $ 1,014
[1] Shares in thousands. Each share entitles the holder to one vote on any question presented at any shareowners' meeting.
[2] Shares in thousands. All common shares of PPL Electric stock are owned by PPL Energy Holdings.
[3] Shares in thousands. All common shares of LG&E stock are owned by LKE.
[4] Shares in thousands. All common shares of KU stock are owned by LKE.
[5] Net income equals comprehensive income.
[6] Net income equals comprehensive income.
[7] Dividends declared per share of common stock were $0.2725 and $0.2575 for the three months ended March 31, 2025 and March 31, 2024.
[8] Net income equals comprehensive income.