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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities    
Net income (loss) $ 711 $ 627
Income from continuing operations (net of income taxes) 711  
Depreciation 957 940
Amortization 61 61
Defined benefit plans - (income) expense (52) (55)
Deferred income taxes and investment tax credits 147 142
Other 13 (1)
Change in current assets and current liabilities    
Accounts receivable 259 (37)
Accounts payable (236) (129)
Unbilled revenues 109 224
Fuel, materials and supplies (9) (43)
Prepayments (75) (44)
Taxes payable (8) (15)
Regulatory assets and liabilities, net (54) (27)
Accrued interest 104 123
Other (78) (2)
Other operating activities    
Defined benefit plans - funding (10) (14)
Other assets (66) (58)
Other liabilities 56 (44)
Net cash provided by operating activities 1,829 1,648 Close
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (1,945) (1,741)
Other investing activities 1 2
Net cash used in investing activities (1,944) (1,739) Close
Cash Flows from Financing Activities    
Issuance of long-term debt 1,894 3,127
Retirement of long-term debt 0 (1,763)
Payment of common stock dividends (557) (526)
Net increase (decrease) in short-term debt (992) (698)
Other financing activities (29) (52)
Net cash provided by financing activities 316 88 Close
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 201 (3) 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 542  
Cash, Cash Equivalents and Restricted Cash at End of Period 583 354
Supplemental Disclosures of Cash Flow Information    
Accrued expenditures for property, plant and equipment at September 30, 281 200
PPL Electric Utilities Corp [Member]    
Cash Flows from Operating Activities    
Net income (loss) [1] 441 384
Depreciation 300 297
Amortization 35 31
Defined benefit plans - (income) expense (30) (32)
Deferred income taxes and investment tax credits 91 59
Other (9) (19)
Change in current assets and current liabilities    
Accounts receivable 67 (104)
Accounts payable (63) (56)
Unbilled revenues 50 110
Fuel, materials and supplies (16) (33)
Prepayments (64) (22)
Taxes payable (36) (24)
Regulatory assets and liabilities, net (77) (41)
Accrued interest 32 50
Other (4) (5)
Other operating activities    
Defined benefit plans - funding (2) (5)
Other assets (24) (2)
Other liabilities (2) 1
Net cash provided by operating activities 689 589
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (820) (653)
Expenditures for intangible assets (6) (4)
Notes receivable from affiliates (418) 0
Other investing activities 4 2
Net cash used in investing activities (1,240) (655)
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 (283) (235)
Net increase (decrease) in short-term debt (509) 42
Contributions from parent 685 200
Return of capital to parent 0 (75)
Debt Issuance Costs (7) (14)
Net cash provided by financing activities 535 97
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (16) 31
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 35  
Cash, Cash Equivalents and Restricted Cash at End of Period 35 56
Supplemental Disclosures of Cash Flow Information    
Accrued expenditures for property, plant and equipment at September 30, 168 119
Louisville Gas And Electric Co [Member]    
Cash Flows from Operating Activities    
Net income (loss) 232 [2] 210
Depreciation 229 227
Amortization 10 9
Deferred income taxes and investment tax credits 3 (3)
Other (3) (7)
Change in current assets and current liabilities    
Accounts receivable (13) 37
Accounts receivable from affiliates 0 17
Accounts payable 0 (51)
Increase (Decrease) in Accounts Payable, Related Parties (3) (9)
Unbilled revenues 21 43
Fuel, materials and supplies (2) 25
Taxes payable (1) (4)
Regulatory assets and liabilities, net 4 34
Accrued interest 22 29
Other (20) (3)
Other operating activities    
Defined benefit plans - funding (1) (1)
Expenditures for asset retirement obligations (8) (9)
Other assets (12) (19)
Other liabilities (2) 1
Net cash provided by operating activities 456 526
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (327) (277)
Net cash used in investing activities (327) (277)
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 34 6
Payment of common stock dividends to parent (138) (115)
Net increase (decrease) in short-term debt 0 (179)
Contributions from parent 37 20
Return of capital to parent (76) (161)
Other financing activities 0 (4)
Net cash provided by financing activities (143) (334)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (14) (85)
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 10  
Cash, Cash Equivalents and Restricted Cash at End of Period 30 8
Supplemental Disclosures of Cash Flow Information    
Accrued expenditures for property, plant and equipment at September 30, 43 30
Kentucky Utilities Co [Member]    
Cash Flows from Operating Activities    
Net income (loss) [3] 283 240
Depreciation 302 294
Amortization 14 14
Defined benefit plans - (income) expense (8) (4)
Deferred income taxes and investment tax credits (12) (7)
Other (2) 0
Change in current assets and current liabilities    
Accounts receivable (25) 10
Accounts receivable from affiliates (2) 0
Accounts payable (3) (31)
Increase (Decrease) in Accounts Payable, Related Parties 7 (27)
Unbilled revenues 9 28
Fuel, materials and supplies 19 (8)
Taxes payable 7 8
Regulatory assets and liabilities, net 27 30
Accrued interest 31 37
Other (6) (2)
Other operating activities    
Defined benefit plans - funding (1) (1)
Expenditures for asset retirement obligations (7) (17)
Other assets (6) (22)
Other liabilities (15) (2)
Net cash provided by operating activities 612 540
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (463) (430)
Other investing activities 0 5
Net cash used in investing activities (463) (425)
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 128 21
Payment of common stock dividends to parent (167) (125)
Net increase (decrease) in short-term debt (93) (76)
Contributions from parent 84 54
Return of capital to parent (103) (84)
Other financing activities 0 (4)
Net cash provided by financing activities (151) (128)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (2) (13)
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 16  
Cash, Cash Equivalents and Restricted Cash at End of Period 36 8
Supplemental Disclosures of Cash Flow Information    
Accrued expenditures for property, plant and equipment at September 30, $ 54 $ 45
[1] Net income equals comprehensive income.
[2] Net income equals comprehensive income.
[3] Net income equals comprehensive income.