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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities    
Net income (loss) $ 497 $ 397
Income from continuing operations (net of income taxes) 497  
Depreciation 635 626
Amortization 47 39
Defined benefit plans - (income) expense (35) (36)
Deferred income taxes and investment tax credits 114 107
Other 10 25
Change in current assets and current liabilities    
Accounts receivable 162 (1)
Accounts payable (167) (209)
Unbilled revenues 74 233
Fuel, materials and supplies 4 (30)
Prepayments (107) (90)
Taxes payable (21) (31)
Regulatory assets and liabilities, net (74) (57)
Accrued interest 21 44
Other (57) (50)
Other operating activities    
Defined benefit plans - funding (7) (7)
Other assets (60) (97)
Other liabilities 12 (21)
Net cash provided by operating activities 1,048 842 Close
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (1,266) (1,090)
Other investing activities 5 (6)
Net cash used in investing activities (1,261) (1,096) Close
Cash Flows from Financing Activities    
Issuance of long-term debt 1,148 3,127
Retirement of long-term debt 0 (1,763)
Payment of common stock dividends (367) (348)
Net increase (decrease) in short-term debt (603) (742)
Other financing activities (23) (50)
Net cash provided by financing activities 155 224 Close
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (58) (30) Close
Cash and Cash Equivalents at Beginning of Period 331  
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 382 357
Cash and Cash Equivalents at End of Period 282  
Cash, Cash Equivalents and Restricted Cash at End of Period 324 327
Supplemental Disclosures of Cash Flow Information    
Accrued expenditures for property, plant and equipment at June 30, 288 231
PPL Electric Utilities Corp [Member]    
Cash Flows from Operating Activities    
Net income (loss) [1] 299 248
Depreciation 199 198
Amortization 25 18
Defined benefit plans - (income) expense (19) (22)
Deferred income taxes and investment tax credits 60 54
Other (9) (9)
Change in current assets and current liabilities    
Accounts receivable 12 (136)
Accounts payable (33) (69)
Unbilled revenues 40 119
Fuel, materials and supplies (11) (21)
Prepayments (88) (55)
Taxes payable (41) (36)
Regulatory assets and liabilities, net (52) (39)
Accrued interest 15 22
Other (20) (6)
Other operating activities    
Defined benefit plans - funding (1) (1)
Other assets (19) (28)
Other liabilities (4) (1)
Net cash provided by operating activities 353 236
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (519) (395)
Expenditures for intangible assets (2) (3)
Notes receivable from affiliates (502) 0
Other investing activities 3 0
Net cash used in investing activities (1,020) (398)
Cash Flows from Financing Activities    
Issuance of long-term debt 649 1,329
Retirement of long-term debt 0 (1,150)
Payment of common stock dividends to parent (184) (163)
Net increase (decrease) in short-term debt (509) (15)
Contributions from parent 680 200
Return of capital to parent 0 (25)
Debt Issuance Costs (7) (13)
Net cash provided by financing activities 629 163
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (38) 1
Cash and Cash Equivalents at Beginning of Period 51  
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 51 25
Cash and Cash Equivalents at End of Period 13  
Cash, Cash Equivalents and Restricted Cash at End of Period 13 26
Supplemental Disclosures of Cash Flow Information    
Accrued expenditures for property, plant and equipment at June 30, 161 124
Louisville Gas And Electric Co [Member]    
Cash Flows from Operating Activities    
Net income (loss) 155 [2] 131
Depreciation 153 151
Amortization 8 6
Defined benefit plans - (income) expense 0 1
Deferred income taxes and investment tax credits 2 (5)
Other (2) (3)
Change in current assets and current liabilities    
Accounts receivable (10) 53
Accounts receivable from affiliates (10) 19
Accounts payable 11 (50)
Increase (Decrease) in Accounts Payable, Related Parties 9 (6)
Unbilled revenues 6 42
Fuel, materials and supplies 2 31
Taxes payable (14) (16)
Regulatory assets and liabilities, net (10) 31
Accrued interest (1) 6
Other (11) (16)
Other operating activities    
Defined benefit plans - funding (1) 0
Expenditures for asset retirement obligations (6) (6)
Other assets (7) (15)
Other liabilities (1) 4
Net cash provided by operating activities 273 358
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (207) (186)
Notes receivable from affiliates 0 (8)
Net cash used in investing activities (207) (194)
Cash Flows from Financing Activities    
Issuance of long-term debt 0 399
Retirement of long-term debt 0 (300)
Increase Decrease In Notes Payable To Affiliates 19 0
Payment of common stock dividends to parent (97) (87)
Net increase (decrease) in short-term debt 10 (158)
Contributions from parent 37 20
Return of capital to parent (51) (120)
Other financing activities 0 (4)
Net cash provided by financing activities (82) (250)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (16) (86)
Cash and Cash Equivalents at Beginning of Period 18  
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 44 93
Cash and Cash Equivalents at End of Period 8  
Cash, Cash Equivalents and Restricted Cash at End of Period 28 7
Supplemental Disclosures of Cash Flow Information    
Accrued expenditures for property, plant and equipment at June 30, 55 39
Kentucky Utilities Co [Member]    
Cash Flows from Operating Activities    
Net income (loss) [3] 185 139
Depreciation 200 196
Amortization 9 9
Defined benefit plans - (income) expense (4) (2)
Deferred income taxes and investment tax credits (7) (6)
Other (1) 7
Change in current assets and current liabilities    
Accounts receivable (19) 24
Accounts payable (24) (30)
Increase (Decrease) in Accounts Payable, Related Parties 23 (22)
Unbilled revenues (10) 27
Fuel, materials and supplies 15 (25)
Taxes payable (6) (3)
Regulatory assets and liabilities, net 13 18
Accrued interest (1) 6
Other (7) (7)
Other operating activities    
Defined benefit plans - funding (1) 0
Expenditures for asset retirement obligations (4) (10)
Other assets 1 (20)
Other liabilities (10) (3)
Net cash provided by operating activities 352 298
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (296) (299)
Net cash used in investing activities (296) (299)
Cash Flows from Financing Activities    
Issuance of long-term debt 0 399
Retirement of long-term debt 0 (313)
Increase Decrease In Notes Payable To Affiliates 13 8
Payment of common stock dividends to parent (117) (92)
Net increase (decrease) in short-term debt 7 (9)
Contributions from parent 84 54
Return of capital to parent (50) (54)
Other financing activities 0 (4)
Net cash provided by financing activities (63) (11)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (7) (12)
Cash and Cash Equivalents at Beginning of Period 14  
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 38 21
Cash and Cash Equivalents at End of Period 11  
Cash, Cash Equivalents and Restricted Cash at End of Period 31 9
Supplemental Disclosures of Cash Flow Information    
Accrued expenditures for property, plant and equipment at June 30, $ 62 $ 51
[1] Net income equals comprehensive income.
[2] Net income equals comprehensive income.
[3] Net income equals comprehensive income.