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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) $ 0.7725                                  
Balance at beginning of period - shares at Dec. 31, 2023   737,130 [1]           66,368 [2]       21,294 [3]       37,818 [4]    
Common stock shares issued [1]   2                                
Common stock issued $ 0                                  
Stock Issued During Period, Value, Treasury Stock Reissued 19         $ 19                        
Stock Issued During Period, Shares, Treasury Stock Reissued           646                        
APIC, Share-Based Payment Arrangement, Recognition and Exercise 2   2                              
Net income (loss) 711     711     441 [5]     441 232     232 283 [6]     283
Contributions from parent             685   685   37       84      
Capital contributions from parent                     37   37   84   84  
Payments of Capital Distribution                     (76)   (76)   (103)   (103)  
Dividends and dividend equivalents (573) [7]     (573) [7]     (283)     (283) (138)     (138) (167)     (167)
Other comprehensive income (loss) 0                                  
Balance at end of period - shares at Sep. 30, 2024   737,778 [1]           66,368 [2]       21,294 [3]       37,818 [4]    
Total Equity $ 14,065 $ 8 12,321 2,826 (160) $ (930) 6,698 $ 364 4,720 1,614 3,216 $ 424 1,979 813 4,254 $ 308 3,067 879
Dividends Declared Per Share of Common Stock (in dollars per share) $ 0.2575                                  
Balance at beginning of period - shares at Jun. 30, 2024   737,762           66,368 [2]       21,294 [3]       37,818 [4]    
Common stock shares issued [1]   2                                
Common stock issued $ 0                                
Stock Issued During Period, Value, Treasury Stock Reissued 1         $ 1                        
Stock Issued During Period, Shares, Treasury Stock Reissued           14                        
Stock-based compensation 7   7                              
Net income (loss) 214     214     142 [5]     142 77     77 98 [6]     98
Capital contributions from parent             5   5                  
Dividends and dividend equivalents (192)     (192)                            
Dividends declared             (99)     (99) (41)     (41) (50)     (50)
Other comprehensive income (loss) (3)       (3)                          
Balance at end of period - shares at Sep. 30, 2024   737,778 [1]           66,368 [2]       21,294 [3]       37,818 [4]    
Return of Capital to Parent                     (25)   (25)   (53)   (53)  
Total Equity 14,092 $ 8 12,328 2,848 (163) $ (929) 6,746 $ 364 4,725 1,657 3,227 $ 424 1,954 849 4,249 $ 308 3,014 927
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) $ 0.8175                                  
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   583                                
Common stock issued $ 0                                  
Stock Issued During Period, Value, Treasury Stock Reissued 40   13     $ 27                        
Stock Issued During Period, Shares, Treasury Stock Reissued           929                        
APIC, Share-Based Payment Arrangement, Recognition and Exercise (3)   (3)                              
Net income (loss) 915     915     $ 482 [5]     482 $ 244 [8]     244 $ 312 [6]     312
Contributions from parent             540       101       91      
Capital contributions from parent             540   540   101   101   91   91  
Payments of Capital Distribution                     (55)   (55)   (37)   (37)  
Dividends and dividend equivalents (607) [7]     (607) [7]     $ (298)     (298) $ (148)     (148) $ (179)     (179)
Other comprehensive income (loss) $ (9)       (9)                          
Balance at end of period - shares at Sep. 30, 2025 739,545 739,545         66,368 66,368 [2]     21,294 21,294 [3]     37,818 37,818 [4]    
Return of Capital to Parent             $ (100)   (100)                  
Total Equity $ 14,286 $ 8 12,343 3,027 (190) $ (902) 6,746 $ 364 4,568 1,814 $ 3,367 $ 424 2,028 915 $ 4,428 $ 308 3,110 1,010
Dividends Declared Per Share of Common Stock (in dollars per share) $ 0.2725                                  
Balance at beginning of period - shares at Jun. 30, 2025   739,306           66,368 [2]       21,294 [3]       37,818 [4]    
Common stock shares issued   197                                
Common stock issued $ 0                                  
Stock Issued During Period, Value, Treasury Stock Reissued     6                              
Stock Issued During Period, Value, Treasury Stock Reissued 7         $ 1                        
Stock Issued During Period, Shares, Treasury Stock Reissued           42                        
Stock-based compensation 7   7                              
Net income (loss) 318     318     159 [5]     159 83 [8]     83 109 [6]     109
Capital contributions from parent             540   540                  
Dividends and dividend equivalents (202)     (202)                            
Dividends declared             $ (91)     (91) $ (37)     (37) $ (51)     (51)
Other comprehensive income (loss) $ (3)       (3)                          
Balance at end of period - shares at Sep. 30, 2025 739,545 739,545         66,368 66,368 [2]     21,294 21,294 [3]     37,818 37,818 [4]    
Total Equity $ 14,413 $ 8 $ 12,356 $ 3,143 $ (193) $ (901) $ 7,354 $ 364 $ 5,108 $ 1,882 $ 3,413 $ 424 $ 2,028 $ 961 $ 4,486 $ 308 $ 3,110 $ 1,068
[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 $0.8175 for the three and nine months ended September 30, 2025 and $0.2575 and $0.7725 for the three and nine months ended September 30, 2024.
[8] Net income equals comprehensive income.