2019 Q4 Form 10-Q Financial Statement

#000092222419000059 Filed on November 05, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q1
Revenue $1.954B $1.933B $2.079B
YoY Change 0.77% 3.26% -2.21%
Cost Of Revenue $185.0M $150.0M $250.0M
YoY Change -10.63% 0.67% 3.73%
Gross Profit $1.769B $1.783B $1.829B
YoY Change 2.14% 3.48% -2.97%
Gross Profit Margin 90.53% 92.24% 87.97%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $330.0M $335.0M $284.0M
YoY Change 10.37% 12.79% 5.58%
% of Gross Profit 18.65% 18.79% 15.53%
Operating Expenses $1.076B $1.057B $1.048B
YoY Change 0.09% 1.93% 1.35%
Operating Profit $693.0M $726.0M $781.0M
YoY Change 5.48% 5.83% -8.23%
Interest Expense -$318.0M $259.0M $241.0M
YoY Change 29.8% 6.15% 0.84%
% of Operating Profit -45.89% 35.67% 30.86%
Other Income/Expense, Net $70.00M $126.0M $52.00M
YoY Change -29.29% 18.87% -220.93%
Pretax Income $445.0M $593.0M $592.0M
YoY Change -12.92% 8.21% 4.04%
Income Tax $81.00M $118.0M $126.0M
% Of Pretax Income 18.2% 19.9% 21.28%
Net Earnings $364.0M $475.0M $466.0M
YoY Change -12.29% 6.74% 3.1%
Net Earnings / Revenue 18.63% 24.57% 22.41%
Basic Earnings Per Share $0.49 $0.66 $0.65
Diluted Earnings Per Share $0.48 $0.65 $0.64
COMMON SHARES
Basic Shares Outstanding 723.0M shares 722.3M shares 721.0M shares
Diluted Shares Outstanding 731.2M shares 730.0M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $815.0M $670.0M $518.0M
YoY Change 31.24% -20.43% -17.65%
Cash & Equivalents $815.0M $670.0M $518.0M
Short-Term Investments
Other Short-Term Assets $98.00M $78.00M $62.00M
YoY Change 55.56% 27.87% 26.53%
Inventory $332.0M $295.0M $274.0M
Prepaid Expenses $79.00M $115.0M $157.0M
Receivables $687.0M $625.0M $749.0M
Other Receivables $105.0M $112.0M $104.0M
Total Short-Term Assets $2.767B $2.534B $2.429B
YoY Change 13.77% -0.43% -2.45%
LONG-TERM ASSETS
Property, Plant & Equipment $36.48B $35.11B $35.31B
YoY Change 5.87% 3.2% 4.66%
Goodwill $3.198B $3.050B $3.260B
YoY Change 1.14% -5.92% -1.27%
Intangibles $742.0M $709.0M $728.0M
YoY Change 3.63% 1.29% 3.56%
Long-Term Investments
YoY Change
Other Assets $386.0M $335.0M $290.0M
YoY Change 101.04% 75.39% 107.14%
Total Long-Term Assets $6.431B $6.917B $6.831B
YoY Change -1.15% 6.76% 10.86%
TOTAL ASSETS
Total Short-Term Assets $2.767B $2.534B $2.429B
Total Long-Term Assets $6.431B $6.917B $6.831B
Total Assets $45.68B $44.56B $44.57B
YoY Change 5.26% 3.52% 5.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $956.0M $846.0M $823.0M
YoY Change -3.34% 3.93% -1.56%
Accrued Expenses $317.0M $369.0M $353.0M
YoY Change 14.03% 13.19% 9.29%
Deferred Revenue
YoY Change
Short-Term Debt $1.151B $1.387B $1.428B
YoY Change -19.51% -10.46% -1.99%
Long-Term Debt Due $1.172B $0.00 $202.0M
YoY Change 121.13% -100.0% -19.2%
Total Short-Term Liabilities $4.900B $3.840B $4.061B
YoY Change 7.39% -12.39% -4.18%
LONG-TERM LIABILITIES
Long-Term Debt $20.72B $21.55B $21.11B
YoY Change 3.25% 8.15% 4.45%
Other Long-Term Liabilities $485.0M $483.0M $469.0M
YoY Change 11.24% 9.52% 6.35%
Total Long-Term Liabilities $7.068B $7.270B $7.220B
YoY Change -0.55% 4.57% 6.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.900B $3.840B $4.061B
Total Long-Term Liabilities $7.068B $7.270B $7.220B
Total Liabilities $11.97B $11.11B $11.28B
YoY Change 2.55% -1.99% 2.57%
SHAREHOLDERS EQUITY
Retained Earnings $5.127B $5.080B $4.761B
YoY Change 11.63% 14.85% 17.93%
Common Stock $12.22B $11.09B $11.06B
YoY Change 10.83% 0.78% 6.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.99B $11.90B $12.17B
YoY Change
Total Liabilities & Shareholders Equity $45.68B $44.56B $44.57B
YoY Change 5.26% 3.52% 5.14%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q1
OPERATING ACTIVITIES
Net Income $364.0M $475.0M $466.0M
YoY Change -12.29% 6.74% 3.1%
Depreciation, Depletion And Amortization $330.0M $335.0M $284.0M
YoY Change 10.37% 12.79% 5.58%
Cash From Operating Activities $539.0M $818.0M $474.0M
YoY Change -11.78% -7.57% -16.25%
INVESTING ACTIVITIES
Capital Expenditures -$886.0M -$723.0M $729.0M
YoY Change -0.89% -11.51% -2.8%
Acquisitions
YoY Change
Other Investing Activities $0.00 $8.000M -$5.000M
YoY Change -100.0% -266.67%
Cash From Investing Activities -$886.0M -$715.0M -$722.0M
YoY Change -1.01% -12.48% -4.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $22.00M
YoY Change -78.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 473.0M 165.0M $142.0M
YoY Change 556.94% -314.29% -57.1%
NET CHANGE
Cash From Operating Activities 539.0M 818.0M $474.0M
Cash From Investing Activities -886.0M -715.0M -$722.0M
Cash From Financing Activities 473.0M 165.0M $142.0M
Net Change In Cash 126.0M 268.0M -$103.0M
YoY Change -159.43% -3077.78% -172.54%
FREE CASH FLOW
Cash From Operating Activities $539.0M $818.0M $474.0M
Capital Expenditures -$886.0M -$723.0M $729.0M
Free Cash Flow $1.425B $1.541B -$255.0M
YoY Change -5.32% -9.46% 38.59%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Entity Central Index Key
EntityCentralIndexKey
0000922224
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
CY2018Q3 ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
444000000 USD
ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
1410000000 USD
CY2019Q3 ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
475000000 USD
ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
1380000000 USD
CY2018Q3 ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1 vote
ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1 vote
CY2019Q3 ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1 vote
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
56000000 USD
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
60000000 USD
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1560000000 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
720323000 shares
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
722307000 shares
CY2018Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
40000000 USD
CY2018Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5000000 USD
CY2018Q3 us-gaap Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 USD
us-gaap Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 USD
CY2019Q3 us-gaap Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 USD
CY2018Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-3000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-3000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-2000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-4000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
2000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
1000000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
1000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
1000000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
1000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
5000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
5000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
3000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
7000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
3000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
4000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
3000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
3000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-8000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-26000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-5000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-16000000 USD
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-11459
dei Entity Registrant Name
EntityRegistrantName
PPL Corporation
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
23-2758192
dei Entity Address Address Line1
EntityAddressAddressLine1
Two North Ninth Street
dei Entity Address City Or Town
EntityAddressCityOrTown
Allentown,
dei Entity Address State Or Province
EntityAddressStateOrProvince
PA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
18101-1179
dei City Area Code
CityAreaCode
(610)
dei Local Phone Number
LocalPhoneNumber
774-5151
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
PA
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Shell Company
EntityShellCompany
false
CY2019Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
723033043 shares
CY2019Q3 us-gaap Revenues
Revenues
1933000000 USD
CY2018Q3 us-gaap Revenues
Revenues
1872000000 USD
us-gaap Revenues
Revenues
5815000000 USD
us-gaap Revenues
Revenues
5846000000 USD
CY2019Q3 us-gaap Fuel Costs
FuelCosts
194000000 USD
CY2018Q3 us-gaap Fuel Costs
FuelCosts
206000000 USD
us-gaap Fuel Costs
FuelCosts
556000000 USD
us-gaap Fuel Costs
FuelCosts
609000000 USD
CY2019Q3 ppl Purchased Power And Gas
PurchasedPowerAndGas
150000000 USD
CY2018Q3 ppl Purchased Power And Gas
PurchasedPowerAndGas
149000000 USD
ppl Purchased Power And Gas
PurchasedPowerAndGas
538000000 USD
ppl Purchased Power And Gas
PurchasedPowerAndGas
538000000 USD
CY2019Q3 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
480000000 USD
CY2018Q3 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
479000000 USD
us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
1452000000 USD
us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
1453000000 USD
CY2019Q3 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
306000000 USD
CY2018Q3 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
275000000 USD
us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
890000000 USD
us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
817000000 USD
CY2019Q3 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
77000000 USD
CY2018Q3 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
77000000 USD
us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
232000000 USD
us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
234000000 USD
CY2019Q3 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
1207000000 USD
CY2018Q3 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
1186000000 USD
us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
3668000000 USD
us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
3651000000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
726000000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
686000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2147000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2195000000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
126000000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
106000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
309000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
297000000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
259000000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
244000000 USD
us-gaap Interest Expense
InterestExpense
746000000 USD
us-gaap Interest Expense
InterestExpense
718000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
593000000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
548000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1710000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1774000000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
118000000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
328000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
362000000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
475000000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
445000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1382000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1412000000 USD
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.91
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.02
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.65
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.89
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.01
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
722259000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
703730000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
721693000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
699117000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
731151000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
710517000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
730677000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
702305000 shares
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
475000000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
445000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1382000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1412000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-285000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
0 USD
us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
-198000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
1000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-5000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-187000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-368000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-321000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
16000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
22000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
32000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
21000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
0 USD
CY2018Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-8000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-10000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-9000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
22000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
14000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
25000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
21000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
0 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
1000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-20000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-34000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-62000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-104000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-276000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-153000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-308000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-226000000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
199000000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
292000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1074000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1186000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1382000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1412000000 USD
us-gaap Depreciation
Depreciation
890000000 USD
us-gaap Depreciation
Depreciation
817000000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
60000000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
56000000 USD
us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
-146000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
257000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
255000000 USD
ppl Unrealizedgainsonderivativesandotherhedgingactivities
Unrealizedgainsonderivativesandotherhedgingactivities
18000000 USD
ppl Unrealizedgainsonderivativesandotherhedgingactivities
Unrealizedgainsonderivativesandotherhedgingactivities
129000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
24000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
21000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
15000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
12000000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-57000000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-38000000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-116000000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-55000000 USD
ppl Net Change Unbilled Revenues
NetChangeUnbilledRevenues
-58000000 USD
ppl Net Change Unbilled Revenues
NetChangeUnbilledRevenues
-129000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-9000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-25000000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
53000000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
38000000 USD
us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
62000000 USD
us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
-39000000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
74000000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
48000000 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-94000000 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-36000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
6000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1000000 USD
us-gaap Pension Contributions
PensionContributions
281000000 USD
us-gaap Pension Contributions
PensionContributions
284000000 USD
ppl Proceedsfromtransferofexcessbenefitfunding
Proceedsfromtransferofexcessbenefitfunding
0 USD
ppl Proceedsfromtransferofexcessbenefitfunding
Proceedsfromtransferofexcessbenefitfunding
65000000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
24000000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
38000000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-56000000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
44000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1888000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2210000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2197000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2344000000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
55000000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
65000000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
63000000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
3000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
60000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2194000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2466000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1465000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
602000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
200000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
277000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
49000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
678000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
893000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
846000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-34000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
481000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-24000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-20000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
363000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
618000000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-10000000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-9000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
47000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
353000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
643000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
511000000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
690000000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
864000000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
363000000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
311000000 USD
ppl Intangible Asset Expenditures Incurred But Not Yet Paid
IntangibleAssetExpendituresIncurredButNotYetPaid
67000000 USD
ppl Intangible Asset Expenditures Incurred But Not Yet Paid
IntangibleAssetExpendituresIncurredButNotYetPaid
70000000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
670000000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
621000000 USD
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
625000000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
663000000 USD
CY2019Q3 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
112000000 USD
CY2018Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
107000000 USD
CY2019Q3 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
430000000 USD
CY2018Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
496000000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
295000000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
303000000 USD
CY2019Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
115000000 USD
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
70000000 USD
CY2019Q3 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
209000000 USD
CY2019Q3 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
40734000000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
39734000000 USD
CY2019Q3 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
7732000000 USD
CY2018Q4 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
109000000 USD
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
78000000 USD
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
63000000 USD
CY2019Q3 us-gaap Assets Current
AssetsCurrent
2534000000 USD
CY2018Q4 us-gaap Assets Current
AssetsCurrent
2432000000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
7310000000 USD
CY2019Q3 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
33002000000 USD
CY2018Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
32424000000 USD
CY2019Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
331000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
355000000 USD
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
105000000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
101000000 USD
CY2019Q3 ppl Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
226000000 USD
CY2018Q4 ppl Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
254000000 USD
CY2019Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1880000000 USD
CY2018Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1780000000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
35108000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
34458000000 USD
CY2019Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1658000000 USD
CY2018Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1673000000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
3050000000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
3162000000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
709000000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
716000000 USD
CY2019Q3 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
955000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
535000000 USD
CY2019Q3 us-gaap Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
210000000 USD
CY2018Q4 us-gaap Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
228000000 USD
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
335000000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
192000000 USD
CY2019Q3 us-gaap Assets Noncurrent
AssetsNoncurrent
6917000000 USD
CY2018Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
6506000000 USD
CY2019Q3 us-gaap Assets
Assets
44559000000 USD
CY2018Q4 us-gaap Assets
Assets
43396000000 USD
CY2019Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
1387000000 USD
CY2018Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
1430000000 USD
CY2019Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
530000000 USD
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
846000000 USD
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
989000000 USD
CY2019Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
94000000 USD
CY2018Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
110000000 USD
CY2019Q3 us-gaap Interest Payable Current
InterestPayableCurrent
346000000 USD
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
278000000 USD
CY2019Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
298000000 USD
CY2018Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
296000000 USD
CY2019Q3 ppl Current Customer Deposits
CurrentCustomerDeposits
262000000 USD
CY2018Q4 ppl Current Customer Deposits
CurrentCustomerDeposits
257000000 USD
CY2019Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
79000000 USD
CY2018Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
122000000 USD
CY2019Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
528000000 USD
CY2018Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
551000000 USD
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
3840000000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4563000000 USD
CY2019Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
21547000000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
20069000000 USD
CY2019Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3076000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2796000000 USD
CY2019Q3 ppl Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
124000000 USD
CY2018Q4 ppl Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
126000000 USD
CY2019Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
719000000 USD
CY2018Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
771000000 USD
CY2019Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
193000000 USD
CY2018Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
264000000 USD
CY2019Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
2675000000 USD
CY2018Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
2714000000 USD
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
483000000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
436000000 USD
CY2019Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
7270000000 USD
CY2018Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
7107000000 USD
CY2019Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
7000000 USD
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
7000000 USD
CY2019Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
11087000000 USD
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
11021000000 USD
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5080000000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4593000000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4272000000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3964000000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
11902000000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
11657000000 USD
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
44559000000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
43396000000 USD
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1560000000 shares
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
722307000 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
720323000 shares
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
11983000000 USD
CY2019Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
14000000 USD
CY2019Q3 ppl Stock Based Compensation
StockBasedCompensation
4000000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
475000000 USD
CY2019Q3 us-gaap Dividends
Dividends
298000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-276000000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
11902000000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
11657000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
61000000 USD
ppl Stock Based Compensation
StockBasedCompensation
5000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1382000000 USD
us-gaap Dividends
Dividends
895000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-308000000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
11902000000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
11240000000 USD
CY2018Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
536000000 USD
CY2018Q3 ppl Stock Based Compensation
StockBasedCompensation
3000000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
445000000 USD
CY2018Q3 us-gaap Dividends
Dividends
288000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-153000000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
11783000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
10761000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
699000000 USD
ppl Stock Based Compensation
StockBasedCompensation
-3000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1412000000 USD
us-gaap Dividends
Dividends
860000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-226000000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
11783000000 USD
ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1 vote
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.4125
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.2375
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.4100
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.23
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
670000000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
621000000 USD
CY2019Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
3000000 USD
CY2018Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
3000000 USD
CY2019Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
17000000 USD
CY2018Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
19000000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
690000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
643000000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
81000000 USD
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
23000000 USD
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
67000000 USD
CY2019Q3 us-gaap Revenues
Revenues
1933000000 USD
CY2018Q3 us-gaap Revenues
Revenues
1872000000 USD
us-gaap Revenues
Revenues
5815000000 USD
us-gaap Revenues
Revenues
5846000000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
475000000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
445000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1382000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1412000000 USD
CY2019Q3 us-gaap Assets
Assets
44559000000 USD
CY2018Q4 us-gaap Assets
Assets
43396000000 USD
CY2019Q3 us-gaap Revenues
Revenues
1933000000 USD
CY2019Q3 ppl Alternative Revenue Programs
AlternativeRevenuePrograms
8000000 USD
CY2019Q3 ppl Other Revenue
OtherRevenue
-11000000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1930000000 USD
CY2018Q3 us-gaap Revenues
Revenues
1872000000 USD
CY2018Q3 ppl Alternative Revenue Programs
AlternativeRevenuePrograms
-4000000 USD
CY2018Q3 ppl Other Revenue
OtherRevenue
-15000000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1853000000 USD
us-gaap Revenues
Revenues
5815000000 USD
ppl Alternative Revenue Programs
AlternativeRevenuePrograms
-18000000 USD
ppl Other Revenue
OtherRevenue
-30000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5767000000 USD
us-gaap Revenues
Revenues
5846000000 USD
ppl Alternative Revenue Programs
AlternativeRevenuePrograms
37000000 USD
ppl Other Revenue
OtherRevenue
-43000000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5840000000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1930000000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1853000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5767000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5840000000 USD
CY2019Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11000000 USD
CY2018Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11000000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
22000000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
24000000 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
42000000 USD
CY2019Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
42000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
31000000 USD
CY2017Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
29000000 USD
CY2018Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
40000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
22000000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
475000000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
445000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1382000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1412000000 USD
CY2019Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2018Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1000000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2000000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
475000000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
444000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1380000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1410000000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
722259000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
703730000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
721693000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
699117000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1106000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
298000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1009000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
427000 shares
CY2019Q3 ppl Incremental Common Shares Attributableto Dilutive Effectof Equity Forward Sales Agreements
IncrementalCommonSharesAttributabletoDilutiveEffectofEquityForwardSalesAgreements
7786000 shares
CY2018Q3 ppl Incremental Common Shares Attributableto Dilutive Effectof Equity Forward Sales Agreements
IncrementalCommonSharesAttributabletoDilutiveEffectofEquityForwardSalesAgreements
6489000 shares
ppl Incremental Common Shares Attributableto Dilutive Effectof Equity Forward Sales Agreements
IncrementalCommonSharesAttributabletoDilutiveEffectofEquityForwardSalesAgreements
7975000 shares
ppl Incremental Common Shares Attributableto Dilutive Effectof Equity Forward Sales Agreements
IncrementalCommonSharesAttributabletoDilutiveEffectofEquityForwardSalesAgreements
2761000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
731151000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
710517000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
730677000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
702305000 shares
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.91
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.02
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.65
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.89
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.01
CY2019Q3 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
38000 shares
CY2018Q3 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
80000 shares
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
680000 shares
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
568000 shares
CY2019Q3 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
430000 shares
CY2018Q3 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
493000 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1305000 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1504000 shares
CY2019Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
125000000 USD
CY2018Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
115000000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
359000000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
373000000 USD
CY2019Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
13000000 USD
CY2018Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9000000 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
34000000 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
34000000 USD
CY2019Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
7000000 USD
CY2018Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
5000000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
21000000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
17000000 USD
CY2019Q3 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-6000000 USD
CY2018Q3 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-7000000 USD
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-20000000 USD
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-20000000 USD
CY2019Q3 ppl Effective Income Tax Rate Reconciliation Change In Enacted Foreign Tax Rate Amount
EffectiveIncomeTaxRateReconciliationChangeInEnactedForeignTaxRateAmount
-5000000 USD
CY2018Q3 ppl Effective Income Tax Rate Reconciliation Change In Enacted Foreign Tax Rate Amount
EffectiveIncomeTaxRateReconciliationChangeInEnactedForeignTaxRateAmount
-4000000 USD
ppl Effective Income Tax Rate Reconciliation Change In Enacted Foreign Tax Rate Amount
EffectiveIncomeTaxRateReconciliationChangeInEnactedForeignTaxRateAmount
-8000000 USD
ppl Effective Income Tax Rate Reconciliation Change In Enacted Foreign Tax Rate Amount
EffectiveIncomeTaxRateReconciliationChangeInEnactedForeignTaxRateAmount
-7000000 USD
CY2019Q3 ppl Depreciation Not Normalized
DepreciationNotNormalized
-2000000 USD
CY2018Q3 ppl Depreciation Not Normalized
DepreciationNotNormalized
-1000000 USD
ppl Depreciation Not Normalized
DepreciationNotNormalized
-5000000 USD
ppl Depreciation Not Normalized
DepreciationNotNormalized
-4000000 USD
CY2019Q3 ppl Amortization Of Excess Deferred Income Taxes
AmortizationOfExcessDeferredIncomeTaxes
-9000000 USD
CY2018Q3 ppl Amortization Of Excess Deferred Income Taxes
AmortizationOfExcessDeferredIncomeTaxes
-11000000 USD
ppl Amortization Of Excess Deferred Income Taxes
AmortizationOfExcessDeferredIncomeTaxes
-30000000 USD
ppl Amortization Of Excess Deferred Income Taxes
AmortizationOfExcessDeferredIncomeTaxes
-30000000 USD
CY2019Q3 ppl Income Tax Reconciliation State Tax Reform Deferred Tax Charge
IncomeTaxReconciliationStateTaxReformDeferredTaxCharge
0 USD
CY2018Q3 ppl Income Tax Reconciliation State Tax Reform Deferred Tax Charge
IncomeTaxReconciliationStateTaxReformDeferredTaxCharge
0 USD
ppl Income Tax Reconciliation State Tax Reform Deferred Tax Charge
IncomeTaxReconciliationStateTaxReformDeferredTaxCharge
0 USD
ppl Income Tax Reconciliation State Tax Reform Deferred Tax Charge
IncomeTaxReconciliationStateTaxReformDeferredTaxCharge
9000000 USD
CY2019Q3 ppl Income Tax Reconciliation Foreign Interest Benefit
IncomeTaxReconciliationForeignInterestBenefit
-3000000 USD
CY2018Q3 ppl Income Tax Reconciliation Foreign Interest Benefit
IncomeTaxReconciliationForeignInterestBenefit
-4000000 USD
ppl Income Tax Reconciliation Foreign Interest Benefit
IncomeTaxReconciliationForeignInterestBenefit
-9000000 USD
ppl Income Tax Reconciliation Foreign Interest Benefit
IncomeTaxReconciliationForeignInterestBenefit
-13000000 USD
CY2019Q3 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
0 USD
CY2018Q3 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
0 USD
us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
20000000 USD
us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
0 USD
CY2019Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-2000000 USD
CY2018Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1000000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
6000000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3000000 USD
CY2019Q3 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate
-7000000 USD
CY2018Q3 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate
-12000000 USD
ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate
-31000000 USD
ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate
-11000000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
118000000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
328000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
362000000 USD
CY2019Q3 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
49000000 USD
CY2018Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
36000000 USD
CY2019Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1658000000 USD
CY2018Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1673000000 USD
CY2019Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
79000000 USD
CY2018Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
122000000 USD
CY2019Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
2675000000 USD
CY2018Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
2714000000 USD
CY2018Q1 ppl Common Stock Aggregate Sales Price
CommonStockAggregateSalesPrice
1000000000.0 USD
ppl Maximum Percentage Paid To Selling Agents
MaximumPercentagePaidToSellingAgents
0.02
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0 shares
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.4125
CY2019Q3 ppl Common Stock Dividends Per Share Declared As Per Annum Equivalent
CommonStockDividendsPerShareDeclaredAsPerAnnumEquivalent
1.65
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
6000000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
2000000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
8000000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
21000000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
5000000 USD
us-gaap Lease Cost
LeaseCost
26000000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
21000000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
37000000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
8000000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
27000000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
21000000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
16000000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
14000000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
12000000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
25000000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
123000000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0347
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
25000000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
80000000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
97000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
26000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
21000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
15000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
13000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
8000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
33000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
116000000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
3000000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
13000000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
10000000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
4000000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
4000000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
4000000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
12000000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
50000000 USD
CY2019Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
6000000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
16000000 USD
CY2015Q2 ppl Restructuring And Related Activities Ownership Percentage By Riverstone
RestructuringAndRelatedActivitiesOwnershipPercentageByRiverstone
0.35
CY2014Q4 ppl Amount Of Alleged Improper Distribution
AmountOfAllegedImproperDistribution
733000000 USD
CY2019Q3 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
5000000 USD
CY2018Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
6000000 USD
CY2019Q3 ppl Maximum Aggregate Coverage Bodily Injury And Property Damage
MaximumAggregateCoverageBodilyInjuryAndPropertyDamage
225000000 USD
CY2019Q3 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
44000000 USD
CY2018Q3 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
40000000 USD
us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
56000000 USD
us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
92000000 USD
CY2019Q3 ppl Defined Benefit Plan Net Periodic Benefit Cost Credit Non Service
DefinedBenefitPlanNetPeriodicBenefitCostCreditNonService
77000000 USD
CY2018Q3 ppl Defined Benefit Plan Net Periodic Benefit Cost Credit Non Service
DefinedBenefitPlanNetPeriodicBenefitCostCreditNonService
61000000 USD
ppl Defined Benefit Plan Net Periodic Benefit Cost Credit Non Service
DefinedBenefitPlanNetPeriodicBenefitCostCreditNonService
237000000 USD
ppl Defined Benefit Plan Net Periodic Benefit Cost Credit Non Service
DefinedBenefitPlanNetPeriodicBenefitCostCreditNonService
195000000 USD
CY2019Q3 us-gaap Interest Income Other
InterestIncomeOther
3000000 USD
CY2018Q3 us-gaap Interest Income Other
InterestIncomeOther
3000000 USD
us-gaap Interest Income Other
InterestIncomeOther
12000000 USD
us-gaap Interest Income Other
InterestIncomeOther
5000000 USD
CY2019Q3 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
6000000 USD
CY2018Q3 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
5000000 USD
us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
17000000 USD
us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
15000000 USD
CY2019Q3 ppl Other Nonoperating Income Miscellaneous
OtherNonoperatingIncomeMiscellaneous
1000000 USD
CY2018Q3 ppl Other Nonoperating Income Miscellaneous
OtherNonoperatingIncomeMiscellaneous
2000000 USD
ppl Other Nonoperating Income Miscellaneous
OtherNonoperatingIncomeMiscellaneous
6000000 USD
ppl Other Nonoperating Income Miscellaneous
OtherNonoperatingIncomeMiscellaneous
3000000 USD
CY2019Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
131000000 USD
CY2018Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
111000000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
328000000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
310000000 USD
CY2019Q3 ppl Charitable Contributions
CharitableContributions
1000000 USD
CY2018Q3 ppl Charitable Contributions
CharitableContributions
1000000 USD
ppl Charitable Contributions
CharitableContributions
3000000 USD
ppl Charitable Contributions
CharitableContributions
6000000 USD
CY2019Q3 ppl Other Nonoperating Expense Miscellaneous
OtherNonoperatingExpenseMiscellaneous
4000000 USD
CY2018Q3 ppl Other Nonoperating Expense Miscellaneous
OtherNonoperatingExpenseMiscellaneous
4000000 USD
ppl Other Nonoperating Expense Miscellaneous
OtherNonoperatingExpenseMiscellaneous
16000000 USD
ppl Other Nonoperating Expense Miscellaneous
OtherNonoperatingExpenseMiscellaneous
7000000 USD
CY2019Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
5000000 USD
CY2018Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
5000000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
19000000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
13000000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
126000000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
106000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
309000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
297000000 USD
CY2019Q3 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
40000000 USD
CY2019Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2019Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
us-gaap Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
259000000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
126000000 USD
us-gaap Interest Expense
InterestExpense
746000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
309000000 USD
CY2019Q3 ppl Derivative Net Liability Position Aggregate Fair Value Alternative
DerivativeNetLiabilityPositionAggregateFairValueAlternative
4000000 USD
CY2019Q3 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
0 USD
CY2019Q3 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
4000000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
347000000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
13000000 USD
us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
2000000 USD
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-5000000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
67000000 USD
CY2019Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
286000000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3996000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-274000000 USD
CY2019Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-2000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-276000000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4272000000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3964000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-346000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
38000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-308000000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4272000000 USD
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3495000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-173000000 USD
CY2018Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
20000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-153000000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3648000000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3422000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-310000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
84000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-226000000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3648000000 USD
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;font-weight:bold;">18. New Accounting Guidance Pending Adoption</span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">(All Registrants)</span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;text-decoration:underline;">Accounting for Financial Instrument Credit Losses</span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued accounting guidance that requires the use of a current expected credit loss (CECL) model for the measurement of credit losses on financial instruments within the scope of this guidance, which includes accounts receivable. The CECL model requires an entity to measure credit losses using historical information, current information and reasonable and supportable forecasts of future events, rather than the incurred loss impairment model required under current GAAP.</span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">For public business entities, this guidance will be applied using a modified retrospective approach and is effective for fiscal years beginning after December 15, 2019, and interim periods within those years. The Registrants are currently assessing the impact of adopting this guidance and will adopt this standard on January 1, 2020 with a modified retrospective approach through a cumulative-effect adjustment to retained earnings at the date of adoption. Key implementation activities in process include finalizing the population of financial instruments within the scope of this guidance and identifying potential differences between the Registrants’ current credit loss models and the requirements of this guidance.</span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:left;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;text-decoration:underline;">Accounting for Implementation Costs in a Cloud Computing Service Arrangement</span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued accounting guidance that requires a customer in a cloud computing hosting arrangement that is a service contract to capitalize implementation costs consistent with internal-use software guidance for non-service arrangements. Prior guidance had not addressed these implementation costs. The guidance requires these capitalized implementation costs to be amortized over the term of the hosting arrangement to the statement of income line item where the service arrangement costs are recorded. The guidance also prescribes the financial statement classification of the capitalized implementation costs and cash flows associated with the arrangement. Additional quantitative and qualitative disclosures are also required.</span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">For public business entities, this guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. This standard must be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption.</span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Registrants are currently assessing the impact of adopting this guidance and will adopt this standard prospectively as of the beginning of the period adopted, which will be January 1, 2020. Key implementation activities in process of being completed include assessing the population of cloud computing hosting arrangements in the scope of this guidance and identifying and evaluating industry issues.</span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">(PPL, LKE, LG&amp;E and KU)</span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;text-decoration:underline;">Simplifying the Test for Goodwill Impairment </span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In January 2017, the FASB issued accounting guidance that simplifies the test for goodwill impairment by eliminating the second step of the quantitative test. The second step of the quantitative test requires a calculation of the implied fair value of goodwill, which is determined in the same manner as the amount of goodwill in a business combination. Under this new guidance, an entity will now compare the estimated fair value of a reporting unit with its carrying value and recognize an impairment charge for the amount the carrying amount exceeds the fair value of the reporting unit.</span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">For public business entities, this guidance will be applied prospectively and is effective for annual or any interim goodwill impairment tests for fiscal years beginning after December 15, 2019. The Registrants will adopt this guidance on January 1, 2020. The Registrants are currently assessing the impact of adopting this guidance.</span></div>

Files In Submission

Name View Source Status
0000922224-19-000059-index-headers.html Edgar Link pending
0000922224-19-000059-index.html Edgar Link pending
0000922224-19-000059.txt Edgar Link pending
0000922224-19-000059-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
ppl-20190930.xsd Edgar Link pending
ppl-20190930_cal.xml Edgar Link unprocessable
ppl-20190930_def.xml Edgar Link unprocessable
ppl-20190930_lab.xml Edgar Link unprocessable
ppl-20190930_pre.xml Edgar Link unprocessable
ppl-9302019ex1a.htm Edgar Link pending
ppl-9302019ex31a.htm Edgar Link pending
ppl-9302019ex31b.htm Edgar Link pending
ppl-9302019ex31c.htm Edgar Link pending
ppl-9302019ex31d.htm Edgar Link pending
ppl-9302019ex31e.htm Edgar Link pending
ppl-9302019ex31f.htm Edgar Link pending
ppl-9302019ex31g.htm Edgar Link pending
ppl-9302019ex31h.htm Edgar Link pending
ppl-9302019ex31i.htm Edgar Link pending
ppl-9302019ex31j.htm Edgar Link pending
ppl-9302019ex32a.htm Edgar Link pending
ppl-9302019ex32b.htm Edgar Link pending
ppl-9302019ex32c.htm Edgar Link pending
ppl-9302019ex32d.htm Edgar Link pending
ppl-9302019ex32e.htm Edgar Link pending
ppl-9302019x10q.htm Edgar Link pending
ppl-9302019x10q_htm.xml Edgar Link completed
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending