$PPL
PPL Corp

2024 Q4 Form 10-Q Financial Statement

#000092222424000030 Filed on November 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $2.066B $2.043B
YoY Change 1.13% -4.26%
Cost Of Revenue $338.0M $356.0M
YoY Change -5.06% -18.35%
Gross Profit $1.728B $1.687B
YoY Change 2.43% -0.65%
Gross Profit Margin 83.64% 82.57%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $322.0M $336.0M
YoY Change -4.17% 2.75%
% of Gross Profit 18.63% 19.92%
Operating Expenses $1.300B $1.250B
YoY Change 4.0% -7.89%
Operating Profit $428.0M $437.0M
YoY Change -2.06% 28.15%
Interest Expense $188.0M $165.0M
YoY Change 13.94% 21.32%
% of Operating Profit 43.93% 37.76%
Other Income/Expense, Net $32.00M $16.00M
YoY Change 100.0% 60.0%
Pretax Income $272.0M $288.0M
YoY Change -5.56% 33.95%
Income Tax $58.00M $58.00M
% Of Pretax Income 21.32% 20.14%
Net Earnings $214.0M $230.0M
YoY Change -6.96% 32.18%
Net Earnings / Revenue 10.36% 11.26%
Basic Earnings Per Share $0.29 $0.31
Diluted Earnings Per Share $0.29 $0.31
COMMON SHARES
Basic Shares Outstanding 738.0M shares 737.8M shares 737.1M shares
Diluted Shares Outstanding 740.0M shares 738.2M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $542.0M $353.0M
YoY Change 53.54% 16.5%
Cash & Equivalents $542.0M $353.0M
Short-Term Investments
Other Short-Term Assets $75.00M $59.00M
YoY Change 27.12% -44.34%
Inventory $517.0M $488.0M
Prepaid Expenses $179.0M $143.0M
Receivables $939.0M $1.019B
Other Receivables $61.00M $49.00M
Total Short-Term Assets $2.974B $2.754B
YoY Change 7.99% 1.25%
LONG-TERM ASSETS
Property, Plant & Equipment $32.63B $31.07B
YoY Change 5.01% 3.93%
Goodwill $2.247B $2.247B
YoY Change 0.0% 0.27%
Intangibles $314.0M $307.0M
YoY Change 2.28% -2.54%
Long-Term Investments
YoY Change
Other Assets $416.0M $464.0M
YoY Change -10.34% -5.88%
Total Long-Term Assets $4.871B $4.805B
YoY Change 1.37% 0.86%
TOTAL ASSETS
Total Short-Term Assets $2.974B $2.754B
Total Long-Term Assets $4.871B $4.805B
Total Assets $40.47B $38.63B
YoY Change 4.77% 3.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $920.0M $1.178B
YoY Change -21.9% 21.69%
Accrued Expenses $228.0M $220.0M
YoY Change 3.64% 41.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $287.0M
YoY Change -100.0% -43.73%
Long-Term Debt Due $1.000M $91.00M
YoY Change -98.9% -65.53%
Total Short-Term Liabilities $2.306B $2.879B
YoY Change -19.9% -13.15%
LONG-TERM LIABILITIES
Long-Term Debt $16.50B $14.48B
YoY Change 13.91% 11.61%
Other Long-Term Liabilities $430.0M $368.0M
YoY Change 16.85% -0.81%
Total Long-Term Liabilities $16.93B $14.85B
YoY Change 13.98% 11.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.306B $2.879B
Total Long-Term Liabilities $16.93B $14.85B
Total Liabilities $19.24B $17.73B
YoY Change 8.48% 6.41%
SHAREHOLDERS EQUITY
Retained Earnings $2.848B $2.775B
YoY Change 2.63% 4.4%
Common Stock $12.34B $12.33B
YoY Change 0.07% 0.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.09B $14.01B
YoY Change
Total Liabilities & Shareholders Equity $40.47B $38.63B
YoY Change 4.77% 3.35%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income $214.0M $230.0M
YoY Change -6.96% 32.18%
Depreciation, Depletion And Amortization $322.0M $336.0M
YoY Change -4.17% 2.75%
Cash From Operating Activities $781.0M $806.0M
YoY Change -3.1% 51.5%
INVESTING ACTIVITIES
Capital Expenditures $679.0M $651.0M
YoY Change 4.3% -228.66%
Acquisitions
YoY Change
Other Investing Activities -$4.000M $8.000M
YoY Change -150.0% 166.67%
Cash From Investing Activities -$683.0M -$643.0M
YoY Change 6.22% 27.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 161.0M -136.0M
YoY Change -218.38% 119.35%
NET CHANGE
Cash From Operating Activities 781.0M 806.0M
Cash From Investing Activities -683.0M -643.0M
Cash From Financing Activities 161.0M -136.0M
Net Change In Cash 259.0M 27.00M
YoY Change 859.26% -181.82%
FREE CASH FLOW
Cash From Operating Activities $781.0M $806.0M
Capital Expenditures $679.0M $651.0M
Free Cash Flow $102.0M $155.0M
YoY Change -34.19% -85.07%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Entity Central Index Key
EntityCentralIndexKey
0000922224
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
16000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
86000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
51000000 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
188000000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
165000000 usd
us-gaap Interest Expense
InterestExpense
549000000 usd
us-gaap Interest Expense
InterestExpense
494000000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
272000000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
288000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
900000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
797000000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.29
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.29
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.96
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.96
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
230000000 usd
us-gaap Net Income Loss
NetIncomeLoss
711000000 usd
CY2024Q3 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
90000000 usd
CY2023Q3 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
100000000 usd
us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
271000000 usd
us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
299000000 usd
CY2024Q3 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
1638000000 usd
CY2023Q3 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
1606000000 usd
us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
4888000000 usd
us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
5041000000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
428000000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
437000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1240000000 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
32000000 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-137000000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-124000000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
58000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
189000000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
214000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
230000000 usd
us-gaap Net Income Loss
NetIncomeLoss
711000000 usd
us-gaap Net Income Loss
NetIncomeLoss
627000000 usd
ppl Purchased Power And Gas
PurchasedPowerAndGas
1430000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1363000000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
58000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
170000000 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
738184000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
737005000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
739450000 shares
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14012000000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
737773000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
737107000 shares
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
214000000 usd
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
230000000 usd
dei Entity Small Business
EntitySmallBusiness
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Entity Address Address Line1
EntityAddressAddressLine1
645 Hamilton 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
dei City Area Code
CityAreaCode
(610)
dei Local Phone Number
LocalPhoneNumber
774-5151
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
23-2758192
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
737970005 shares
CY2024Q3 us-gaap Revenues
Revenues
2066000000 usd
CY2023Q3 us-gaap Revenues
Revenues
2043000000 usd
us-gaap Revenues
Revenues
6251000000 usd
CY2024Q3 us-gaap Fuel Costs
FuelCosts
207000000 usd
CY2023Q3 us-gaap Fuel Costs
FuelCosts
199000000 usd
us-gaap Fuel Costs
FuelCosts
597000000 usd
us-gaap Fuel Costs
FuelCosts
567000000 usd
CY2023Q3 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
637000000 usd
us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
1930000000 usd
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.85
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.85
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
739965000 shares
us-gaap Oci Equity Method Investment Tax
OciEquityMethodInvestmentTax
0 usd
CY2024Q3 us-gaap Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
0 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
0 usd
CY2024Q3 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 Revenues
Revenues
6281000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-1000000 usd
CY2023Q3 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
0 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
7000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-4000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-6000000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-2000000 usd
CY2023Q3 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
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
CY2024Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
0 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-1000000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
1000000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
0 usd
CY2024Q3 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
CY2023Q3 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
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
2000000 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
1000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
737678000 shares
us-gaap Oci Equity Method Investment Tax
OciEquityMethodInvestmentTax
0 usd
CY2023Q3 us-gaap Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
0 usd
us-gaap Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
1000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-18000000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
211000000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
225000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
711000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
609000000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
711000000 usd
us-gaap Net Income Loss
NetIncomeLoss
627000000 usd
us-gaap Depreciation
Depreciation
957000000 usd
us-gaap Depreciation
Depreciation
940000000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
61000000 usd
us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
-52000000 usd
us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
-55000000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
147000000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
142000000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-13000000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1000000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-259000000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
37000000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-236000000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-129000000 usd
us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
27000000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
104000000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
123000000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
78000000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
2000000 usd
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
10000000 usd
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
14000000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
66000000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
58000000 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
1829000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1648000000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1945000000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1741000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1944000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1739000000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1894000000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3127000000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
526000000 usd
us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-992000000 usd
us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-698000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-29000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-52000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
316000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
88000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
201000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3000000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
583000000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
354000000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
382000000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
281000000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
200000000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
331000000 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
137000000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
123000000 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
939000000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
950000000 usd
CY2024Q3 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
61000000 usd
CY2023Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
271000000 usd
CY2024Q3 ppl Unbilled Contracts Receivable Allowancefor Credit Loss Current
UnbilledContractsReceivableAllowanceforCreditLossCurrent
3000000 usd
CY2023Q4 ppl Unbilled Contracts Receivable Allowancefor Credit Loss Current
UnbilledContractsReceivableAllowanceforCreditLossCurrent
4000000 usd
CY2024Q3 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
319000000 usd
CY2023Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
428000000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
517000000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
505000000 usd
CY2024Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
179000000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
103000000 usd
CY2024Q3 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
342000000 usd
CY2023Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
293000000 usd
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
75000000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
51000000 usd
CY2024Q3 us-gaap Assets Current
AssetsCurrent
2974000000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
2932000000 usd
CY2024Q3 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
40097000000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
38608000000 usd
CY2024Q3 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
9647000000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
9156000000 usd
CY2024Q3 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
30450000000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
29452000000 usd
CY2024Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
76000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
72000000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
28000000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
23000000 usd
CY2024Q3 ppl Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
48000000 usd
CY2023Q4 ppl Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
49000000 usd
CY2024Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
2129000000 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1917000000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
32627000000 usd
CY2024Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1894000000 usd
CY2023Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1874000000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
2247000000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
2247000000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
314000000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
306000000 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
2000000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
2000000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
416000000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
459000000 usd
CY2024Q3 us-gaap Assets Noncurrent
AssetsNoncurrent
4871000000 usd
CY2023Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
4886000000 usd
CY2024Q3 us-gaap Assets
Assets
40472000000 usd
CY2023Q4 us-gaap Assets
Assets
39236000000 usd
CY2024Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
0 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
992000000 usd
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1000000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1000000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1104000000 usd
CY2024Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
122000000 usd
CY2024Q3 us-gaap Interest Payable Current
InterestPayableCurrent
228000000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
124000000 usd
CY2024Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
186000000 usd
CY2023Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
173000000 usd
CY2024Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
246000000 usd
CY2023Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
225000000 usd
CY2024Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
603000000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
591000000 usd
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
2306000000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3340000000 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
16499000000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
14611000000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3105000000 usd
CY2024Q3 ppl Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
112000000 usd
CY2023Q4 ppl Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
114000000 usd
CY2024Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
218000000 usd
CY2023Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
275000000 usd
CY2024Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
139000000 usd
CY2023Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
133000000 usd
CY2024Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
3371000000 usd
CY2023Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
3340000000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
385000000 usd
CY2024Q3 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
7575000000 usd
CY2023Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
7352000000 usd
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
8000000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
8000000 usd
CY2024Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
12328000000 usd
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
430000000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
12326000000 usd
CY2024Q3 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
929000000 usd
CY2023Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
948000000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2848000000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2710000000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-163000000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-163000000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14092000000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13933000000 usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
40472000000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
39236000000 usd
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
737778000 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
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14065000000 usd
CY2023Q3 ppl Stock Issued During Period Value Reissued Treasury Stock
StockIssuedDuringPeriodValueReissuedTreasuryStock
1000000 usd
CY2023Q3 ppl Stock Based Compensation
StockBasedCompensation
3000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
230000000 usd
CY2023Q3 us-gaap Dividends
Dividends
176000000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2400
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.7200
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-11459
dei Entity Registrant Name
EntityRegistrantName
PPL Corporation
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
PA
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
542000000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
331000000 usd
CY2024Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
42000000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1000000 usd
CY2024Q3 ppl Total Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
TotalCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
584000000 usd
CY2023Q4 ppl Total Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
TotalCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
332000000 usd
CY2024Q3 ppl Purchased Power And Gas
PurchasedPowerAndGas
338000000 usd
CY2023Q3 ppl Purchased Power And Gas
PurchasedPowerAndGas
356000000 usd
ppl Purchased Power And Gas
PurchasedPowerAndGas
1133000000 usd
CY2024Q3 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
681000000 usd
us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
1805000000 usd
CY2024Q3 us-gaap Depreciation
Depreciation
322000000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
314000000 usd
us-gaap Depreciation
Depreciation
957000000 usd
us-gaap Depreciation
Depreciation
940000000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.31
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.31
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
738021000 shares
us-gaap Net Income Loss
NetIncomeLoss
627000000 usd
CY2024Q3 us-gaap Oci Equity Method Investment Tax
OciEquityMethodInvestmentTax
0 usd
CY2023Q3 us-gaap Oci Equity Method Investment Tax
OciEquityMethodInvestmentTax
0 usd
us-gaap Oci Equity Method Investment After Tax
OciEquityMethodInvestmentAfterTax
1000000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-21000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
1000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
-1000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-3000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0 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
0 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
61000000 usd
ppl Net Change Unbilled Revenues
NetChangeUnbilledRevenues
-109000000 usd
ppl Net Change Unbilled Revenues
NetChangeUnbilledRevenues
-224000000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
9000000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
43000000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
75000000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
44000000 usd
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-8000000 usd
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-15000000 usd
us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
54000000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1763000000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
557000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
357000000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
542000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
31418000000 usd
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
920000000 usd
CY2023Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
130000000 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3305000000 usd
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1560000000 shares
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
770015000 shares
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0 usd
CY2024Q3 ppl Stock Issued During Period Value Reissued Treasury Stock
StockIssuedDuringPeriodValueReissuedTreasuryStock
1000000 usd
CY2024Q3 ppl Stock Based Compensation
StockBasedCompensation
7000000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
214000000 usd
CY2024Q3 us-gaap Dividends
Dividends
192000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3000000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14092000000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13933000000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0 usd
ppl Stock Issued During Period Value Reissued Treasury Stock
StockIssuedDuringPeriodValueReissuedTreasuryStock
19000000 usd
ppl Stock Based Compensation
StockBasedCompensation
2000000 usd
us-gaap Net Income Loss
NetIncomeLoss
711000000 usd
us-gaap Dividends
Dividends
573000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14092000000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13959000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5000000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13918000000 usd
ppl Stock Issued During Period Value Reissued Treasury Stock
StockIssuedDuringPeriodValueReissuedTreasuryStock
22000000 usd
ppl Stock Based Compensation
StockBasedCompensation
-1000000 usd
us-gaap Net Income Loss
NetIncomeLoss
627000000 usd
us-gaap Dividends
Dividends
533000000 usd
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
-3000000 usd
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
-3000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-18000000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14012000000 usd
ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1 vote
ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1 vote
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2575
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.7725
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 integer
CY2024Q3 us-gaap Revenues
Revenues
2066000000 usd
CY2023Q3 us-gaap Revenues
Revenues
2043000000 usd
us-gaap Revenues
Revenues
6251000000 usd
us-gaap Revenues
Revenues
6281000000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
214000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
230000000 usd
us-gaap Net Income Loss
NetIncomeLoss
711000000 usd
us-gaap Net Income Loss
NetIncomeLoss
627000000 usd
CY2024Q3 us-gaap Assets
Assets
40472000000 usd
CY2023Q4 us-gaap Assets
Assets
39236000000 usd
CY2024Q3 us-gaap Revenues
Revenues
2066000000 usd
CY2024Q3 ppl Alternative Revenue Programs
AlternativeRevenuePrograms
17000000 usd
CY2024Q3 ppl Other Revenue
OtherRevenue
-6000000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2077000000 usd
CY2023Q3 us-gaap Revenues
Revenues
2043000000 usd
CY2023Q3 ppl Alternative Revenue Programs
AlternativeRevenuePrograms
1000000 usd
CY2023Q3 ppl Other Revenue
OtherRevenue
-6000000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2038000000 usd
us-gaap Revenues
Revenues
6251000000 usd
ppl Alternative Revenue Programs
AlternativeRevenuePrograms
21000000 usd
ppl Other Revenue
OtherRevenue
-18000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6254000000 usd
us-gaap Revenues
Revenues
6281000000 usd
ppl Alternative Revenue Programs
AlternativeRevenuePrograms
42000000 usd
ppl Other Revenue
OtherRevenue
-17000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6306000000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2077000000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2038000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6254000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6306000000 usd
CY2024Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
28000000 usd
CY2023Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
20000000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
72000000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
47000000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
43000000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
31000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
26000000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
34000000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
33000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
21000000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
214000000 usd
us-gaap Net Income Loss
NetIncomeLoss
711000000 usd
us-gaap Net Income Loss
NetIncomeLoss
627000000 usd
CY2024Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1000000 usd
CY2023Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2000000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1000000 usd
CY2024Q3 ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
213000000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
213000000 usd
CY2023Q3 ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
230000000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
230000000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
709000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
709000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
626000000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
626000000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
737773000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
737107000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
737678000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
737005000 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2192000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1077000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1772000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1016000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
739965000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
738184000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
739450000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
738021000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.96
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.96
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.85
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2024Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
57000000 usd
CY2023Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
60000000 usd
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
189000000 usd
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
167000000 usd
CY2024Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
20000000 usd
CY2023Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
16000000 usd
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
48000000 usd
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
49000000 usd
CY2024Q3 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
2000000 usd
CY2023Q3 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
9000000 usd
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
4000000 usd
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
11000000 usd
CY2024Q3 ppl Depreciation Not Normalized
DepreciationNotNormalized
-4000000 usd
CY2023Q3 ppl Depreciation Not Normalized
DepreciationNotNormalized
-2000000 usd
ppl Depreciation Not Normalized
DepreciationNotNormalized
-14000000 usd
ppl Depreciation Not Normalized
DepreciationNotNormalized
-9000000 usd
CY2024Q3 ppl Amortization Of Excess Deferred Income Taxes
AmortizationOfExcessDeferredIncomeTaxes
-13000000 usd
CY2023Q3 ppl Amortization Of Excess Deferred Income Taxes
AmortizationOfExcessDeferredIncomeTaxes
-13000000 usd
ppl Amortization Of Excess Deferred Income Taxes
AmortizationOfExcessDeferredIncomeTaxes
-33000000 usd
ppl Amortization Of Excess Deferred Income Taxes
AmortizationOfExcessDeferredIncomeTaxes
-33000000 usd
CY2024Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 usd
CY2023Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
6000000 usd
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3000000 usd
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
7000000 usd
CY2024Q3 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate
1000000 usd
CY2023Q3 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate
-2000000 usd
ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate
0 usd
ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate
3000000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
58000000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
58000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
189000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
170000000 usd
CY2024Q3 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
342000000 usd
CY2023Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
293000000 usd
CY2024Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1894000000 usd
CY2023Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1874000000 usd
CY2024Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
246000000 usd
CY2023Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
225000000 usd
CY2024Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
3371000000 usd
CY2023Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
3340000000 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2575
CY2024Q3 ppl Common Stock Dividends Per Share Declared As Per Annum Equivalent
CommonStockDividendsPerShareDeclaredAsPerAnnumEquivalent
1.03
CY2024Q3 ppl Transition Service Agreement Expense
TransitionServiceAgreementExpense
32000000 usd
ppl Transition Service Agreement Expense
TransitionServiceAgreementExpense
129000000 usd
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
CY2023Q3 ppl Transition Service Agreement Expense
TransitionServiceAgreementExpense
59000000 usd
ppl Transition Service Agreement Expense
TransitionServiceAgreementExpense
179000000 usd
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
CY2024Q2 ppl Rhode Island Division Of Public Utilities And Carriers Amount To Be Refunded To The Rie Energy Efficiency Program
RhodeIslandDivisionOfPublicUtilitiesAndCarriersAmountToBeRefundedToTheRIEEnergyEfficiencyProgram
11000000 usd
CY2024Q3 ppl Period Rie Environmental Remediation Costs To Be Incurred Over
PeriodRIEEnvironmentalRemediationCostsToBeIncurredOver
P30Y
CY2024Q3 ppl Period Over Which Distribution Adjustment Charge Related Costs Are Amortized
PeriodOverWhichDistributionAdjustmentChargeRelatedCostsAreAmortized
P10Y
CY2024Q3 ppl Indemnification Cap Surrenders Of Tax Losses
IndemnificationCapSurrendersOfTaxLosses
50000000 gbp
ppl Indemnification For Safari Saleleaseback
IndemnificationForSafariSaleleaseback
25000000 usd
CY2024Q3 ppl Maximum Aggregate Coverage Bodily Injury And Property Damage
MaximumAggregateCoverageBodilyInjuryAndPropertyDamage
231000000 usd
CY2024Q3 ppl Defined Benefit Plan Net Periodic Benefit Cost Credit Non Service
DefinedBenefitPlanNetPeriodicBenefitCostCreditNonService
9000000 usd
CY2023Q3 ppl Defined Benefit Plan Net Periodic Benefit Cost Credit Non Service
DefinedBenefitPlanNetPeriodicBenefitCostCreditNonService
13000000 usd
ppl Defined Benefit Plan Net Periodic Benefit Cost Credit Non Service
DefinedBenefitPlanNetPeriodicBenefitCostCreditNonService
32000000 usd
ppl Defined Benefit Plan Net Periodic Benefit Cost Credit Non Service
DefinedBenefitPlanNetPeriodicBenefitCostCreditNonService
30000000 usd
CY2024Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
10000000 usd
CY2023Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
4000000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
25000000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
22000000 usd
CY2024Q3 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
13000000 usd
CY2023Q3 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
7000000 usd
us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
33000000 usd
us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
21000000 usd
CY2024Q3 ppl Charitable Contributions
CharitableContributions
0 usd
CY2023Q3 ppl Charitable Contributions
CharitableContributions
-1000000 usd
ppl Charitable Contributions
CharitableContributions
-4000000 usd
ppl Charitable Contributions
CharitableContributions
-3000000 usd
CY2024Q3 ppl Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
0 usd
CY2023Q3 ppl Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
-7000000 usd
ppl Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
0 usd
ppl Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
-19000000 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
32000000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
16000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
86000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
51000000 usd
CY2024Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 usd
CY2024Q3 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 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
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
CY2023Q3 us-gaap Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 usd
CY2024Q3 us-gaap Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
188000000 usd
us-gaap Interest Expense
InterestExpense
549000000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
165000000 usd
us-gaap Interest Expense
InterestExpense
494000000 usd
CY2024Q3 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
18000000 usd
CY2024Q3 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
19000000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
158000000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
6000000 usd
us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
8000000 usd
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
1000000 usd
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
15000000 usd
ppl Asset Retirement Obligations Period Change Miscellaneous
AssetRetirementObligationsPeriodChangeMiscellaneous
2000000 usd
CY2024Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
160000000 usd
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-160000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-4000000 usd
CY2024Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3000000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-163000000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-163000000 usd
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-1000000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-163000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-6000000 usd
CY2023Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5000000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-142000000 usd
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-20000000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
2000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-18000000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-142000000 usd
CY2024Q3 ppl Transition Service Agreement Expense
TransitionServiceAgreementExpense
32000000 usd
ppl Transition Service Agreement Expense
TransitionServiceAgreementExpense
129000000 usd
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
CY2023Q3 ppl Transition Service Agreement Expense
TransitionServiceAgreementExpense
59000000 usd
ppl Transition Service Agreement Expense
TransitionServiceAgreementExpense
179000000 usd

Files In Submission

Name View Source Status
ppl-20240930_cal.xml Edgar Link unprocessable
0000922224-24-000030-index-headers.html Edgar Link pending
0000922224-24-000030-index.html Edgar Link pending
0000922224-24-000030.txt Edgar Link pending
0000922224-24-000030-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
ppl-20240930.htm Edgar Link pending
ppl-20240930.xsd Edgar Link pending
ppl-9302024_ex31a.htm Edgar Link pending
ppl-9302024_ex31b.htm Edgar Link pending
ppl-9302024_ex31c.htm Edgar Link pending
ppl-9302024_ex31d.htm Edgar Link pending
ppl-9302024_ex31e.htm Edgar Link pending
ppl-9302024_ex31f.htm Edgar Link pending
ppl-9302024_ex31g.htm Edgar Link pending
ppl-9302024_ex31h.htm Edgar Link pending
ppl-9302024_ex32a.htm Edgar Link pending
ppl-9302024_ex32b.htm Edgar Link pending
ppl-9302024_ex32c.htm Edgar Link pending
ppl-9302024_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
ppl-20240930_def.xml Edgar Link unprocessable
ppl-20240930_lab.xml Edgar Link unprocessable
ppl-20240930_pre.xml Edgar Link unprocessable
ppl-20240930_htm.xml Edgar Link completed
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
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