$PPL
PPL Corp

2024 Q2 Form 10-Q Financial Statement

#000092222424000014 Filed on May 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $1.881B $2.304B
YoY Change 3.18% -4.6%
Cost Of Revenue $275.0M $520.0M
YoY Change -19.12% -29.16%
Gross Profit $1.606B $1.784B
YoY Change 8.29% 6.13%
Gross Profit Margin 85.38% 77.43%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $319.0M $340.0M
YoY Change -4.78% 8.63%
% of Gross Profit 19.86% 19.06%
Operating Expenses $1.216B $1.239B
YoY Change 3.23% 4.73%
Operating Profit $390.0M $545.0M
YoY Change 27.87% 9.44%
Interest Expense $182.0M -$179.0M
YoY Change -210.3% -209.15%
% of Operating Profit 46.67% -32.84%
Other Income/Expense, Net $32.00M $22.00M
YoY Change 540.0% -26.67%
Pretax Income $240.0M $388.0M
YoY Change 65.52% 6.59%
Income Tax $50.00M $81.00M
% Of Pretax Income 20.83% 20.88%
Net Earnings $190.0M $307.0M
YoY Change 69.64% 7.72%
Net Earnings / Revenue 10.1% 13.32%
Basic Earnings Per Share $0.26 $0.42
Diluted Earnings Per Share $0.26 $0.42
COMMON SHARES
Basic Shares Outstanding 737.7M shares 737.6M shares
Diluted Shares Outstanding 739.6M shares 738.8M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $282.0M $276.0M
YoY Change -13.5% -40.0%
Cash & Equivalents $282.0M $276.0M
Short-Term Investments
Other Short-Term Assets $69.00M $1.014B
YoY Change -92.12% 1618.64%
Inventory $502.0M $477.0M
Prepaid Expenses $211.0M $212.0M
Receivables $933.0M $1.270B
Other Receivables $109.0M $0.00
Total Short-Term Assets $2.798B $3.037B
YoY Change 2.68% -0.03%
LONG-TERM ASSETS
Property, Plant & Equipment $32.17B $31.75B
YoY Change 4.59% 4.24%
Goodwill $2.247B $2.247B
YoY Change 0.0% -0.04%
Intangibles $314.0M $304.0M
YoY Change 1.62% -1.94%
Long-Term Investments
YoY Change
Other Assets $418.0M $2.296B
YoY Change -81.45% 435.2%
Total Long-Term Assets $4.868B $36.59B
YoY Change -86.31% 661.26%
TOTAL ASSETS
Total Short-Term Assets $2.798B $3.037B
Total Long-Term Assets $4.868B $36.59B
Total Assets $39.84B $39.63B
YoY Change 4.03% 3.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $980.0M $903.0M
YoY Change 0.51% -20.3%
Accrued Expenses $145.0M $214.0M
YoY Change 2.84% 30.49%
Deferred Revenue
YoY Change
Short-Term Debt $389.0M $291.0M
YoY Change 60.08%
Long-Term Debt Due $1.000M $1.000M
YoY Change -98.9% -99.04%
Total Short-Term Liabilities $2.515B $2.375B
YoY Change 0.4% -4.23%
LONG-TERM LIABILITIES
Long-Term Debt $15.76B $15.75B
YoY Change 8.8% 8.78%
Other Long-Term Liabilities $407.0M $4.137B
YoY Change -90.07% 1030.33%
Total Long-Term Liabilities $16.16B $19.89B
YoY Change -13.0% 33.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.515B $2.375B
Total Long-Term Liabilities $16.16B $19.89B
Total Liabilities $18.68B $25.57B
YoY Change -23.25% 47.59%
SHAREHOLDERS EQUITY
Retained Earnings $2.826B $2.828B
YoY Change 3.86% 1.43%
Common Stock $12.33B $12.32B
YoY Change 0.04% 0.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.07B $14.06B
YoY Change
Total Liabilities & Shareholders Equity $39.84B $39.63B
YoY Change 4.03% 3.47%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $190.0M $307.0M
YoY Change 69.64% 7.72%
Depreciation, Depletion And Amortization $319.0M $340.0M
YoY Change -4.78% 8.63%
Cash From Operating Activities $766.0M $282.0M
YoY Change 85.92% -34.42%
INVESTING ACTIVITIES
Capital Expenditures $670.0M $596.0M
YoY Change 13.37% 19.44%
Acquisitions
YoY Change
Other Investing Activities $0.00 $5.000M
YoY Change -100.0% 25.0%
Cash From Investing Activities -$670.0M -$591.0M
YoY Change 12.98% 17.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -93.00M 248.0M
YoY Change -297.87% 40.11%
NET CHANGE
Cash From Operating Activities 766.0M 282.0M
Cash From Investing Activities -670.0M -591.0M
Cash From Financing Activities -93.00M 248.0M
Net Change In Cash 3.000M -61.00M
YoY Change -102.24% -158.65%
FREE CASH FLOW
Cash From Operating Activities $766.0M $282.0M
Capital Expenditures $670.0M $596.0M
Free Cash Flow $96.00M -$314.0M
YoY Change -153.63% 355.07%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
276000000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
331000000 usd
CY2024Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
45000000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1000000 usd
CY2024Q1 ppl Total Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
TotalCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
321000000 usd
CY2023Q4 ppl Total Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
TotalCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
332000000 usd
CY2024Q1 us-gaap Fuel Costs
FuelCosts
209000000 usd
CY2023Q1 us-gaap Fuel Costs
FuelCosts
201000000 usd
CY2024Q1 ppl Purchased Power And Gas
PurchasedPowerAndGas
520000000 usd
CY2023Q1 ppl Purchased Power And Gas
PurchasedPowerAndGas
734000000 usd
CY2024Q1 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
626000000 usd
CY2023Q1 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
559000000 usd
CY2024Q1 us-gaap Depreciation
Depreciation
316000000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
313000000 usd
CY2024Q1 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
88000000 usd
CY2023Q1 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
110000000 usd
CY2024Q1 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
1759000000 usd
CY2023Q1 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
1917000000 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
545000000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
498000000 usd
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
22000000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
30000000 usd
CY2024Q1 us-gaap Interest Expense
InterestExpense
179000000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
164000000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
388000000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
364000000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
81000000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79000000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
307000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
285000000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.42
CY2024Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.42
CY2023Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.39
CY2023Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.39
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
737512000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
736829000 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
738820000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
737698000 shares
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
307000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
285000000 usd
CY2024Q1 us-gaap Oci Equity Method Investment Tax
OciEquityMethodInvestmentTax
0 usd
CY2023Q1 us-gaap Oci Equity Method Investment Tax
OciEquityMethodInvestmentTax
0 usd
CY2024Q1 us-gaap Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
1000000 usd
CY2023Q1 us-gaap Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
1000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
0 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
0 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
0 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
1000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000 usd
CY2024Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
309000000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
286000000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
307000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
285000000 usd
CY2024Q1 us-gaap Depreciation
Depreciation
316000000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
313000000 usd
CY2024Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
24000000 usd
CY2023Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
17000000 usd
CY2024Q1 us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
-15000000 usd
CY2023Q1 us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
-18000000 usd
CY2024Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
72000000 usd
CY2023Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
77000000 usd
CY2024Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3000000 usd
CY2023Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-8000000 usd
CY2024Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
75000000 usd
CY2023Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
94000000 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-221000000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-63000000 usd
CY2024Q1 ppl Net Change Unbilled Revenues
NetChangeUnbilledRevenues
-57000000 usd
CY2023Q1 ppl Net Change Unbilled Revenues
NetChangeUnbilledRevenues
-109000000 usd
CY2024Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-33000000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-10000000 usd
CY2024Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
108000000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
83000000 usd
CY2024Q1 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-47000000 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-42000000 usd
CY2024Q1 us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
61000000 usd
CY2023Q1 us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
46000000 usd
CY2024Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
90000000 usd
CY2023Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
67000000 usd
CY2024Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
103000000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
14000000 usd
CY2024Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
5000000 usd
CY2023Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
3000000 usd
CY2024Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1000000 usd
CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
61000000 usd
CY2024Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
16000000 usd
CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-32000000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
282000000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
430000000 usd
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
596000000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
499000000 usd
CY2024Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-5000000 usd
CY2023Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4000000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-591000000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-503000000 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1148000000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3127000000 usd
CY2024Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 usd
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1750000000 usd
CY2024Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
177000000 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
171000000 usd
CY2024Q1 us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-701000000 usd
CY2023Q1 us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-985000000 usd
CY2024Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-22000000 usd
CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-44000000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
248000000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
177000000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-61000000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
104000000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
382000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
357000000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
321000000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
461000000 usd
CY2024Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
253000000 usd
CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
257000000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
276000000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
331000000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
146000000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
123000000 usd
CY2024Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
999000000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
950000000 usd
CY2024Q1 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
271000000 usd
CY2023Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
271000000 usd
CY2024Q1 ppl Unbilled Contracts Receivable Allowancefor Credit Loss Current
UnbilledContractsReceivableAllowanceforCreditLossCurrent
4000000 usd
CY2023Q4 ppl Unbilled Contracts Receivable Allowancefor Credit Loss Current
UnbilledContractsReceivableAllowanceforCreditLossCurrent
4000000 usd
CY2024Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
371000000 usd
CY2023Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
428000000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
477000000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
505000000 usd
CY2024Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
212000000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
103000000 usd
CY2024Q1 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
330000000 usd
CY2023Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
293000000 usd
CY2024Q1 us-gaap Other Assets Current
OtherAssetsCurrent
101000000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
51000000 usd
CY2024Q1 us-gaap Assets Current
AssetsCurrent
3037000000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
2932000000 usd
CY2024Q1 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
39031000000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
38608000000 usd
CY2024Q1 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
9327000000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
9156000000 usd
CY2024Q1 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
29704000000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
29452000000 usd
CY2024Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
71000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
72000000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
24000000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
23000000 usd
CY2024Q1 ppl Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
47000000 usd
CY2023Q4 ppl Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
49000000 usd
CY2024Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1996000000 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1917000000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
31747000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
31418000000 usd
CY2024Q1 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1859000000 usd
CY2023Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1874000000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
2247000000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
2247000000 usd
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
304000000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
306000000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
3000000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
2000000 usd
CY2024Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
437000000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
459000000 usd
CY2024Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
4847000000 usd
CY2023Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
4886000000 usd
CY2024Q1 us-gaap Assets
Assets
39631000000 usd
CY2023Q4 us-gaap Assets
Assets
39236000000 usd
CY2024Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
291000000 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
992000000 usd
CY2024Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
1000000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1000000 usd
CY2024Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
903000000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1104000000 usd
CY2024Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
83000000 usd
CY2023Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
130000000 usd
CY2024Q1 us-gaap Interest Payable Current
InterestPayableCurrent
214000000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
124000000 usd
CY2024Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
186000000 usd
CY2023Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
173000000 usd
CY2024Q1 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
223000000 usd
CY2023Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
225000000 usd
CY2024Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
474000000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
591000000 usd
CY2024Q1 us-gaap Liabilities Current
LiabilitiesCurrent
2375000000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3340000000 usd
CY2024Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
15753000000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
14611000000 usd
CY2024Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3195000000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3105000000 usd
CY2024Q1 ppl Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
113000000 usd
CY2023Q4 ppl Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
114000000 usd
CY2024Q1 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
255000000 usd
CY2023Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
275000000 usd
CY2024Q1 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
127000000 usd
CY2023Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
133000000 usd
CY2024Q1 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
3351000000 usd
CY2023Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
3340000000 usd
CY2024Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
404000000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
385000000 usd
CY2024Q1 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
7445000000 usd
CY2023Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
7352000000 usd
CY2024Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q1 us-gaap Common Stock Value
CommonStockValue
8000000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
8000000 usd
CY2024Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
12314000000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
12326000000 usd
CY2024Q1 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
931000000 usd
CY2023Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
948000000 usd
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2828000000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2710000000 usd
CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-161000000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-163000000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14058000000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13933000000 usd
CY2024Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
39631000000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
39236000000 usd
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1560000000 shares
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
770013000 shares
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
737736000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1560000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
770013000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
737130000 shares
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13933000000 usd
CY2024Q1 ppl Stock Issued During Period Value Reissued Treasury Stock
StockIssuedDuringPeriodValueReissuedTreasuryStock
17000000 usd
CY2024Q1 ppl Stock Based Compensation
StockBasedCompensation
-12000000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
307000000 usd
CY2024Q1 us-gaap Dividends
Dividends
189000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2000000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14058000000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13918000000 usd
CY2023Q1 ppl Stock Issued During Period Value Reissued Treasury Stock
StockIssuedDuringPeriodValueReissuedTreasuryStock
19000000 usd
CY2023Q1 ppl Stock Based Compensation
StockBasedCompensation
-9000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
285000000 usd
CY2023Q1 us-gaap Dividends
Dividends
178000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14036000000 usd
CY2024Q1 ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1 vote
CY2023Q1 ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1 vote
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2575
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2400
CY2024Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 integer
CY2024Q1 us-gaap Revenues
Revenues
2304000000 usd
CY2023Q1 us-gaap Revenues
Revenues
2415000000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
307000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
285000000 usd
CY2024Q1 us-gaap Assets
Assets
39631000000 usd
CY2023Q4 us-gaap Assets
Assets
39236000000 usd
CY2024Q1 us-gaap Revenues
Revenues
2304000000 usd
CY2024Q1 ppl Alternative Revenue Programs
AlternativeRevenuePrograms
7000000 usd
CY2024Q1 ppl Other Revenue
OtherRevenue
-8000000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2303000000 usd
CY2023Q1 us-gaap Revenues
Revenues
2415000000 usd
CY2023Q1 ppl Alternative Revenue Programs
AlternativeRevenuePrograms
36000000 usd
CY2023Q1 ppl Other Revenue
OtherRevenue
-4000000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2447000000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2303000000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2447000000 usd
CY2024Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
42000000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
21000000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
43000000 usd
CY2024Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
30000000 usd
CY2024Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
25000000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
34000000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
46000000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
17000000 usd
CY2024Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
17000000 usd
CY2023Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
22000000 usd
CY2024Q1 ppl Depreciation Not Normalized
DepreciationNotNormalized
-5000000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
307000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
285000000 usd
CY2024Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 usd
CY2023Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1000000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
307000000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
307000000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
284000000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
284000000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
737512000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
736829000 shares
CY2024Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1308000 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
869000 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
738820000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
737698000 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2024Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
81000000 usd
CY2023Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
76000000 usd
CY2023Q1 ppl Depreciation Not Normalized
DepreciationNotNormalized
-5000000 usd
CY2024Q1 ppl Amortization Of Excess Deferred Income Taxes
AmortizationOfExcessDeferredIncomeTaxes
-13000000 usd
CY2023Q1 ppl Amortization Of Excess Deferred Income Taxes
AmortizationOfExcessDeferredIncomeTaxes
-12000000 usd
CY2024Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1000000 usd
CY2023Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-2000000 usd
CY2024Q1 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate
0 usd
CY2023Q1 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate
3000000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
81000000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79000000 usd
CY2024Q1 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
330000000 usd
CY2023Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
293000000 usd
CY2024Q1 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1859000000 usd
CY2023Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1874000000 usd
CY2024Q1 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
223000000 usd
CY2023Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
225000000 usd
CY2024Q1 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
3351000000 usd
CY2023Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
3340000000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2575
CY2024Q1 ppl Common Stock Dividends Per Share Declared As Per Annum Equivalent
CommonStockDividendsPerShareDeclaredAsPerAnnumEquivalent
1.03
CY2024Q1 ppl Transition Service Agreement Expense
TransitionServiceAgreementExpense
48000000 usd
CY2023Q1 ppl Transition Service Agreement Expense
TransitionServiceAgreementExpense
58000000 usd
CY2024Q1 ppl Period Rie Environmental Remediation Costs To Be Incurred Over
PeriodRIEEnvironmentalRemediationCostsToBeIncurredOver
P30Y
CY2024Q1 ppl Period Over Which Distribution Adjustment Charge Related Costs Are Amortized
PeriodOverWhichDistributionAdjustmentChargeRelatedCostsAreAmortized
P10Y
CY2024Q1 ppl Indemnification Cap Surrenders Of Tax Losses
IndemnificationCapSurrendersOfTaxLosses
50000000 gbp
CY2024Q1 ppl Indemnification For Safari Saleleaseback
IndemnificationForSafariSaleleaseback
25000000 usd
CY2024Q1 ppl Maximum Aggregate Coverage Bodily Injury And Property Damage
MaximumAggregateCoverageBodilyInjuryAndPropertyDamage
231000000 usd
CY2024Q1 ppl Defined Benefit Plan Net Periodic Benefit Cost Credit Non Service
DefinedBenefitPlanNetPeriodicBenefitCostCreditNonService
8000000 usd
CY2023Q1 ppl Defined Benefit Plan Net Periodic Benefit Cost Credit Non Service
DefinedBenefitPlanNetPeriodicBenefitCostCreditNonService
17000000 usd
CY2024Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
9000000 usd
CY2023Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
9000000 usd
CY2024Q1 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
9000000 usd
CY2023Q1 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
6000000 usd
CY2024Q1 ppl Charitable Contributions
CharitableContributions
-2000000 usd
CY2023Q1 ppl Charitable Contributions
CharitableContributions
-1000000 usd
CY2024Q1 ppl Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
-2000000 usd
CY2023Q1 ppl Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
-1000000 usd
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
22000000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
30000000 usd
CY2023Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2023Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 usd
CY2024Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2024Q1 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 usd
CY2023Q1 us-gaap Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 usd
CY2023Q1 us-gaap Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 usd
CY2024Q1 us-gaap Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 usd
CY2024Q1 us-gaap Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 usd
CY2024Q1 dei Document Period End Date
DocumentPeriodEndDate
2024-03-31
CY2024Q1 us-gaap Interest Expense
InterestExpense
179000000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
164000000 usd
CY2024Q1 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
28000000 usd
CY2024Q1 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
29000000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
158000000 usd
CY2024Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
2000000 usd
CY2024Q1 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
5000000 usd
CY2024Q1 ppl Asset Retirement Obligations Period Change Miscellaneous
AssetRetirementObligationsPeriodChangeMiscellaneous
1000000 usd
CY2024Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
156000000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-163000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
1000000 usd
CY2024Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2000000 usd
CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-161000000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-124000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
1000000 usd
CY2023Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-123000000 usd

Files In Submission

Name View Source Status
0000922224-24-000014-index-headers.html Edgar Link pending
0000922224-24-000014-index.html Edgar Link pending
0000922224-24-000014.txt Edgar Link pending
0000922224-24-000014-xbrl.zip Edgar Link pending
exhibit10a.htm Edgar Link pending
exhibit10a001.jpg Edgar Link pending
exhibit10a002.jpg Edgar Link pending
exhibit10a003.jpg Edgar Link pending
exhibit10a004.jpg Edgar Link pending
exhibit10a005.jpg Edgar Link pending
exhibit10a006.jpg Edgar Link pending
exhibit10a007.jpg Edgar Link pending
exhibit10a008.jpg Edgar Link pending
exhibit10a009.jpg Edgar Link pending
exhibit10a010.jpg Edgar Link pending
exhibit10a011.jpg Edgar Link pending
exhibit10a012.jpg Edgar Link pending
exhibit10a013.jpg Edgar Link pending
exhibit10a014.jpg Edgar Link pending
exhibit10a015.jpg Edgar Link pending
exhibit10a016.jpg Edgar Link pending
exhibit10a017.jpg Edgar Link pending
exhibit10a018.jpg Edgar Link pending
exhibit10a019.jpg Edgar Link pending
exhibit10a020.jpg Edgar Link pending
exhibit10a021.jpg Edgar Link pending
exhibit10a022.jpg Edgar Link pending
exhibit10a023.jpg Edgar Link pending
exhibit10a024.jpg Edgar Link pending
exhibit10a025.jpg Edgar Link pending
exhibit10a026.jpg Edgar Link pending
exhibit10a027.jpg Edgar Link pending
exhibit10a028.jpg Edgar Link pending
exhibit10a029.jpg Edgar Link pending
exhibit10a030.jpg Edgar Link pending
exhibit10a031.jpg Edgar Link pending
exhibit10b.htm Edgar Link pending
exhibit10b001.jpg Edgar Link pending
exhibit10b002.jpg Edgar Link pending
exhibit10b003.jpg Edgar Link pending
exhibit10b004.jpg Edgar Link pending
exhibit10b005.jpg Edgar Link pending
exhibit10b006.jpg Edgar Link pending
exhibit10b007.jpg Edgar Link pending
exhibit10b008.jpg Edgar Link pending
exhibit10b009.jpg Edgar Link pending
exhibit10b010.jpg Edgar Link pending
exhibit10b011.jpg Edgar Link pending
exhibit10b012.jpg Edgar Link pending
exhibit10b013.jpg Edgar Link pending
exhibit10b014.jpg Edgar Link pending
exhibit10b015.jpg Edgar Link pending
exhibit10b016.jpg Edgar Link pending
exhibit10b017.jpg Edgar Link pending
exhibit10b018.jpg Edgar Link pending
exhibit10b019.jpg Edgar Link pending
exhibit10b020.jpg Edgar Link pending
exhibit10b021.jpg Edgar Link pending
exhibit10b022.jpg Edgar Link pending
exhibit10b023.jpg Edgar Link pending
exhibit10b024.jpg Edgar Link pending
exhibit10b025.jpg Edgar Link pending
exhibit10b026.jpg Edgar Link pending
exhibit10b027.jpg Edgar Link pending
exhibit10b028.jpg Edgar Link pending
exhibit10c.htm Edgar Link pending
exhibit10c001.jpg Edgar Link pending
exhibit10c002.jpg Edgar Link pending
exhibit10c003.jpg Edgar Link pending
exhibit10c004.jpg Edgar Link pending
exhibit10c005.jpg Edgar Link pending
exhibit10c006.jpg Edgar Link pending
exhibit10c007.jpg Edgar Link pending
exhibit10c008.jpg Edgar Link pending
exhibit10c009.jpg Edgar Link pending
exhibit10c010.jpg Edgar Link pending
exhibit10c011.jpg Edgar Link pending
exhibit10c012.jpg Edgar Link pending
exhibit10c013.jpg Edgar Link pending
exhibit10c014.jpg Edgar Link pending
exhibit10c015.jpg Edgar Link pending
exhibit10c016.jpg Edgar Link pending
exhibit10c017.jpg Edgar Link pending
exhibit10c018.jpg Edgar Link pending
exhibit10c019.jpg Edgar Link pending
exhibit10c020.jpg Edgar Link pending
exhibit10c021.jpg Edgar Link pending
exhibit10c022.jpg Edgar Link pending
exhibit10c023.jpg Edgar Link pending
exhibit10c024.jpg Edgar Link pending
exhibit10c025.jpg Edgar Link pending
exhibit10c026.jpg Edgar Link pending
exhibit10c027.jpg Edgar Link pending
exhibit10c028.jpg Edgar Link pending
exhibit10d.htm Edgar Link pending
exhibit10d001.jpg Edgar Link pending
exhibit10d002.jpg Edgar Link pending
exhibit10d003.jpg Edgar Link pending
exhibit10d004.jpg Edgar Link pending
exhibit10d005.jpg Edgar Link pending
exhibit10d006.jpg Edgar Link pending
exhibit10d007.jpg Edgar Link pending
exhibit10d008.jpg Edgar Link pending
exhibit10d009.jpg Edgar Link pending
exhibit10d010.jpg Edgar Link pending
exhibit10d011.jpg Edgar Link pending
exhibit10d012.jpg Edgar Link pending
exhibit10d013.jpg Edgar Link pending
exhibit10d014.jpg Edgar Link pending
exhibit10d015.jpg Edgar Link pending
exhibit10d016.jpg Edgar Link pending
exhibit10d017.jpg Edgar Link pending
exhibit10d018.jpg Edgar Link pending
exhibit10d019.jpg Edgar Link pending
exhibit10d020.jpg Edgar Link pending
exhibit10d021.jpg Edgar Link pending
exhibit10d022.jpg Edgar Link pending
exhibit10d023.jpg Edgar Link pending
exhibit10d024.jpg Edgar Link pending
exhibit10d025.jpg Edgar Link pending
exhibit10d026.jpg Edgar Link pending
exhibit10d027.jpg Edgar Link pending
exhibit10d028.jpg Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
ppl-20240331.htm Edgar Link pending
ppl-20240331.xsd Edgar Link pending
ppl-20240331_cal.xml Edgar Link unprocessable
ppl-3312024_ex31a.htm Edgar Link pending
ppl-3312024_ex31b.htm Edgar Link pending
ppl-3312024_ex31c.htm Edgar Link pending
ppl-3312024_ex31d.htm Edgar Link pending
ppl-3312024_ex31e.htm Edgar Link pending
ppl-3312024_ex31f.htm Edgar Link pending
ppl-3312024_ex31g.htm Edgar Link pending
ppl-3312024_ex31h.htm Edgar Link pending
ppl-3312024_ex32a.htm Edgar Link pending
ppl-3312024_ex32b.htm Edgar Link pending
ppl-3312024_ex32c.htm Edgar Link pending
ppl-3312024_ex32d.htm Edgar Link pending
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
ppl-20240331_lab.xml Edgar Link unprocessable
ppl-20240331_pre.xml Edgar Link unprocessable
ppl-20240331_htm.xml Edgar Link completed
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
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
ppl-20240331_def.xml Edgar Link unprocessable