PPL Corporation PPL Income Statement

Ppl corporation (PPL)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Operating Revenues
Unregulated wholesale energy
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,457,000	-	913,000	-	143,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Utility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	955,000	881,000	1,065,000	1,007,000	981,000
Unregulated retail energy
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	348,000	-	263,000	257,000	237,000	220,000	218,000	179,000	223,000	209,000	189,000	181,000	147,000	94,000	116,000	101,000	104,000	44,000	34,000	32,000	42,000	43,000	33,000
Realized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	811,000	-	-	1,076,000	1,083,000	1,208,000	-	907,000	732,000	1,038,000	1,050,000	1,192,000	1,231,000	1,359,000	652,000	976,000	758,000	798,000	748,000	434,000
Unrealized economic activity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	590,000	-	-	-716,000	-458,000	852,000	-	216,000	-44,000	57,000	-615,000	52,000	-666,000	424,000	-162,000	-307,000	-112,000	352,000	1,157,000	-616,000
Operating Revenues
2,054,000	1,954,000	1,933,000	1,803,000	2,079,000	1,939,000	1,872,000	1,848,000	2,126,000	1,926,000	1,845,000	1,725,000	1,951,000	1,832,000	1,889,000	1,785,000	2,011,000	1,780,000	1,878,000	1,781,000	2,230,000	1,981,000	1,879,000	1,830,000	2,162,000	1,919,000	1,739,000	1,655,000	1,950,000	1,796,000	1,693,000	1,605,000	1,714,000	1,597,000	1,675,000	1,484,000	1,536,000	1,230,000	732,000	692,000	1,014,000	-	-	-	-	-	-
Net energy trading margins
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-11,000	10,000	8,000	-	-7,000	10,000	11,000	6,000	-20,000	5,000	11,000	15,000	7,000	7,000	-12,000	-132,000	52,000
Energy-related businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,000	141,000	-	159,000	137,000	127,000	128,000	143,000	130,000	107,000	120,000	140,000	126,000	121,000	98,000	107,000	110,000	94,000	102,000	117,000	105,000	99,000	148,000	130,000
Total Operating Revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,849,000	1,194,000	-	3,074,000	3,450,000	2,457,000	3,068,000	2,403,000	2,549,000	4,112,000	4,218,000	3,120,000	2,489,000	2,910,000	1,863,000	2,179,000	1,473,000	3,006,000	1,652,000	1,782,000	1,671,000	2,344,000	2,971,000	1,014,000
Operating Expenses
Fuel
163,000	153,000	194,000	168,000	194,000	190,000	206,000	189,000	214,000	183,000	202,000	183,000	191,000	184,000	227,000	183,000	197,000	168,000	228,000	214,000	253,000	-265,000	240,000	232,000	758,000	-569,000	494,000	441,000	529,000	432,000	570,000	411,000	424,000	454,000	603,000	414,000	475,000	425,000	322,000	258,000	230,000	217,000	259,000	186,000	258,000	305,000	189,000
Energy purchases
201,000	185,000	150,000	138,000	250,000	207,000	149,000	148,000	241,000	191,000	143,000	136,000	215,000	175,000	151,000	147,000	233,000	179,000	177,000	170,000	329,000	2,074,000	173,000	171,000	-1,494,000	-328,000	555,000	572,000	57,000	302,000	583,000	787,000	883,000	1,786,000	362,000	434,000	671,000	641,000	386,000	737,000	1,009,000	-	-	-	-	-	-
Realized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	748,000	613,000	677,000	500,000	309,000
Energy purchases - unrealized economic activity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	479,000	-	-	-569,000	-442,000	591,000	-	176,000	-109,000	-18,000	-704,000	300,000	-445,000	563,000	-100,000	-79,000	65,000	269,000	1,020,000	-604,000
Other operation and maintenance
476,000	533,000	480,000	482,000	490,000	530,000	479,000	506,000	468,000	462,000	438,000	432,000	470,000	565,000	417,000	425,000	450,000	533,000	482,000	467,000	456,000	274,000	467,000	447,000	668,000	-222,000	658,000	698,000	676,000	696,000	650,000	739,000	706,000	626,000	735,000	723,000	583,000	527,000	366,000	419,000	444,000	376,000	316,000	354,000	372,000	361,000	358,000
Amortization of recoverable transition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77,000	73,000	70,000	84,000	73,000	68,000
Depreciation
317,000	309,000	306,000	300,000	284,000	277,000	275,000	273,000	269,000	263,000	257,000	246,000	242,000	234,000	232,000	231,000	229,000	225,000	226,000	216,000	216,000	160,000	233,000	230,000	300,000	-11,000	284,000	286,000	284,000	274,000	278,000	271,000	264,000	263,000	252,000	237,000	208,000	180,000	127,000	125,000	124,000	116,000	116,000	114,000	109,000	117,000	117,000
Taxes, other than income
80,000	81,000	77,000	75,000	80,000	78,000	77,000	74,000	83,000	78,000	69,000	70,000	75,000	72,000	76,000	74,000	79,000	58,000	79,000	76,000	86,000	61,000	78,000	77,000	101,000	30,000	86,000	86,000	96,000	84,000	90,000	87,000	91,000	88,000	90,000	75,000	73,000	57,000	56,000	53,000	72,000	72,000	69,000	67,000	72,000	77,000	72,000
Energy-related businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,000	138,000	-	151,000	130,000	122,000	121,000	137,000	124,000	102,000	116,000	135,000	120,000	113,000	95,000	100,000	100,000	88,000	98,000	109,000	98,000	91,000	134,000	120,000
Total Operating Expenses
1,237,000	1,261,000	1,207,000	1,163,000	1,298,000	1,282,000	1,186,000	1,190,000	1,275,000	1,177,000	1,109,000	1,067,000	1,193,000	1,230,000	1,103,000	1,060,000	1,188,000	1,163,000	1,192,000	1,143,000	1,340,000	2,152,000	1,191,000	1,171,000	471,000	-1,982,000	2,228,000	2,692,000	1,764,000	2,329,000	1,739,000	1,977,000	3,061,000	3,284,000	2,353,000	1,894,000	2,105,000	1,221,000	1,657,000	1,247,000	2,530,000	1,443,000	1,611,000	1,567,000	1,932,000	2,587,000	629,000
Operating Income
817,000	693,000	726,000	640,000	781,000	657,000	686,000	658,000	851,000	749,000	736,000	658,000	758,000	602,000	786,000	725,000	823,000	617,000	686,000	638,000	890,000	778,000	688,000	678,000	723,000	264,000	846,000	758,000	693,000	739,000	664,000	572,000	1,051,000	934,000	767,000	595,000	805,000	642,000	522,000	226,000	476,000	209,000	171,000	104,000	412,000	384,000	385,000
Other Income (Expense) - net
125,000	0	126,000	131,000	52,000	99,000	106,000	234,000	-43,000	24,000	-35,000	-68,000	-9,000	218,000	49,000	174,000	61,000	47,000	75,000	-102,000	88,000	66,000	136,000	-74,000	-23,000	-73,000	-117,000	13,000	122,000	-8,000	-44,000	30,000	-17,000	6,000	37,000	-34,000	-5,000	-13,000	-26,000	0	8,000	9,000	9,000	-6,000	35,000	8,000	13,000
Other-Than-Temporary Impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	1,000	-	0	5,000	0	1,000	0	0	3,000	0	0	0	1,000	17,000	6,000	7,000
Interest Expense
248,000	248,000	259,000	246,000	241,000	245,000	244,000	235,000	239,000	232,000	230,000	222,000	217,000	217,000	223,000	224,000	224,000	226,000	221,000	215,000	209,000	160,000	213,000	208,000	262,000	25,000	244,000	258,000	251,000	237,000	248,000	236,000	230,000	220,000	240,000	264,000	174,000	180,000	171,000	131,000	111,000	95,000	104,000	99,000	89,000	119,000	108,000
Income Before Income Taxes
694,000	445,000	593,000	525,000	592,000	511,000	548,000	657,000	569,000	541,000	471,000	368,000	532,000	603,000	612,000	675,000	660,000	438,000	540,000	321,000	769,000	684,000	611,000	396,000	438,000	166,000	485,000	513,000	564,000	468,000	372,000	365,000	804,000	720,000	559,000	297,000	625,000	449,000	325,000	92,000	373,000	123,000	76,000	-2,000	341,000	267,000	283,000
Income Taxes
140,000	81,000	118,000	84,000	126,000	96,000	103,000	142,000	117,000	463,000	116,000	76,000	129,000	138,000	139,000	192,000	179,000	33,000	144,000	71,000	217,000	211,000	201,000	166,000	114,000	19,000	81,000	109,000	151,000	154,000	17,000	88,000	259,000	262,000	110,000	96,000	223,000	111,000	19,000	7,000	126,000	13,000	25,000	-31,000	98,000	57,000	94,000
Income from Continuing Operations After Income Taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	405,000	396,000	250,000	552,000	473,000	410,000	230,000	324,000	-	404,000	404,000	-	-	355,000	277,000	-	458,000	449,000	201,000	402,000	338,000	306,000	85,000	247,000	110,000	51,000	29,000	243,000	210,000	189,000
Net Income (Loss) Attributable to Noncontrolling Interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	0	-	1,000	0	0	4,000	4,000	5,000	4,000	4,000	4,000	5,000	7,000	5,000	4,000	6,000	4,000	5,000	5,000	5,000
Net Income
554,000	364,000	475,000	441,000	466,000	415,000	445,000	515,000	452,000	78,000	355,000	292,000	403,000	465,000	473,000	483,000	481,000	-	-	-	-	-	-	-	316,000	-	410,000	405,000	413,000	359,000	355,000	271,000	541,000	454,000	444,000	196,000	401,000	355,000	248,000	85,000	250,000	153,000	20,000	-7,000	241,000	203,000	190,000
Loss from Discontinued Operations (net of income taxes)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,000	-3,000	-1,007,000	95,000	222,000	87,000	-1,000	-8,000	-	7,000	1,000	-	-	0	-6,000	-	0	0	-1,000	3,000	21,000	-53,000	7,000	8,000	47,000	-25,000	-32,000	3,000	-2,000	6,000
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	399,000	393,000	-757,000	647,000	695,000	497,000	229,000	316,000	-99,000	411,000	405,000	413,000	360,000	355,000	271,000	545,000	458,000	449,000	200,000	405,000	359,000	253,000	92,000	255,000	157,000	26,000	-3,000	246,000	208,000	195,000
Income from Continuing Operations After Income Taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	324,000	-	403,000	404,000	-	-	355,000	277,000	-	454,000	444,000	197,000	398,000	334,000	301,000	78,000	242,000	106,000	45,000	25,000	238,000	205,000	184,000
Income (Loss) from Discontinued Operations (net of income taxes)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,000	1,000	-	-	0	-6,000	-	0	0	-1,000	3,000	21,000	-53,000	7,000	8,000	47,000	-25,000	-32,000	3,000	-2,000	6,000
Net Income
554,000	364,000	475,000	441,000	466,000	415,000	445,000	515,000	452,000	78,000	355,000	292,000	403,000	-	473,000	483,000	-	-	-	-	-	-	-	-	316,000	-	410,000	405,000	413,000	359,000	355,000	271,000	541,000	454,000	444,000	196,000	401,000	355,000	248,000	85,000	250,000	153,000	20,000	-7,000	241,000	203,000	190,000
Income from Continuing Operations After Income Taxes Available to PPL Common Shareholders
Basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.59	0.59	0.37	0.83	0.72	0.61	0.35	0.51	-	0.64	-	-	-	0.61	-	-	0.77	0.76	0.35	0.82	0.75	0.62	0.20	0.64	0.28	0.12	0.07	0.63	0.54	0.49
Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.59	0.59	0.37	0.82	0.71	0.61	0.34	0.50	-	0.61	-	-	-	0.61	-	-	0.77	0.76	0.35	0.82	0.74	0.62	0.20	0.64	0.28	0.12	0.07	0.63	0.54	0.49
Net Income:
Basic (in dollars per share)
0.72	0.47	0.66	0.61	0.65	0.57	0.63	0.74	0.65	0.10	0.52	0.43	0.59	0.68	0.70	0.71	0.71	0.59	0.58	-1.13	0.97	1.05	0.74	0.35	0.50	-0.18	0.65	0.68	0.70	0.61	0.61	0.46	0.93	0.78	0.76	0.35	0.82	0.78	0.51	0.22	0.66	0.41	0.05	-0.02	0.64	0.54	0.50
Diluted (in dollars per share)
0.72	0.48	0.65	0.60	0.64	0.58	0.62	0.73	0.65	0.11	0.51	0.43	0.59	0.68	0.69	0.71	0.71	0.60	0.58	-1.13	0.96	1.04	0.74	0.34	0.49	-0.14	0.62	0.63	0.65	0.60	0.61	0.46	0.93	0.77	0.76	0.35	0.82	0.78	0.51	0.22	0.66	0.41	0.05	-0.02	0.64	0.54	0.50
Dividends Declared Per Share of Common Stock (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.39	0.39	0.39	-	0.38	0.38	0.38	0.37	0.37	0.37	0.37	0.37	0.37	0.37	0.37	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.34	0.34	0.34	0.34	0.33	0.33
Weighted-Average Shares of Common Stock Outstanding (in thousands)
Basic (in shares)
767,948	748,981	722,259	721,785	721,023	720,506	703,730	699,006	694,514	689,674	686,563	683,841	680,882	679,668	678,114	677,145	675,441	673,104	670,763	668,415	666,974	665,703	664,432	653,132	630,749	632,412	631,046	589,834	582,640	581,597	580,585	579,881	579,041	578,195	577,595	561,652	484,138	483,215	482,552	381,896	377,717	376,951	376,384	375,881	375,112	374,290	373,158
Diluted (in shares)
768,738	754,997	731,151	730,915	729,953	727,661	710,517	700,976	695,322	691,155	688,746	686,351	683,084	681,890	680,348	680,729	678,817	676,624	673,702	671,286	668,732	667,759	666,402	665,792	663,939	666,314	664,343	664,615	657,020	583,748	582,636	580,593	579,527	579,390	578,054	562,019	484,345	483,453	482,762	382,075	377,986	377,293	376,716	376,206	375,409	375,096	374,902
Louisville Gas And Electric Co [Member]
Retail and wholesale
393,000	368,000	380,000	328,000	397,000	372,000	357,000	331,000	407,000	367,000	361,000	320,000	374,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Electric revenue from affiliate
14,000	6,000	2,000	6,000	13,000	8,000	5,000	4,000	12,000	8,000	2,000	4,000	17,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Revenues
407,000	374,000	382,000	334,000	410,000	380,000	362,000	335,000	419,000	375,000	363,000	324,000	391,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fuel
74,000	63,000	79,000	69,000	78,000	74,000	83,000	72,000	79,000	67,000	76,000	69,000	80,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Energy purchases
52,000	44,000	14,000	22,000	74,000	62,000	17,000	28,000	76,000	53,000	18,000	25,000	64,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Energy purchases from affiliate
0	1,000	2,000	2,000	2,000	3,000	2,000	2,000	6,000	2,000	3,000	3,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operation and maintenance
92,000	105,000	92,000	96,000	94,000	99,000	95,000	93,000	89,000	92,000	87,000	86,000	85,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
64,000	-	61,000	56,000	51,000	-	49,000	49,000	48,000	-	47,000	45,000	44,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes, other than income
10,000	10,000	10,000	10,000	9,000	9,000	9,000	9,000	9,000	8,000	8,000	9,000	8,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses
292,000	286,000	258,000	255,000	308,000	296,000	255,000	253,000	307,000	269,000	239,000	237,000	283,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income
115,000	88,000	124,000	79,000	102,000	84,000	107,000	82,000	112,000	106,000	124,000	87,000	108,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Income (Expense) - net
-1,000	-10,000	0	-1,000	0	-7,000	-3,000	-1,000	-1,000	-4,000	-3,000	1,000	-4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense
22,000	22,000	22,000	22,000	21,000	19,000	20,000	19,000	18,000	18,000	17,000	19,000	17,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Before Income Taxes
92,000	56,000	102,000	56,000	81,000	58,000	84,000	62,000	93,000	84,000	104,000	69,000	87,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes
19,000	12,000	22,000	12,000	17,000	13,000	18,000	12,000	21,000	32,000	39,000	27,000	33,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income
73,000	44,000	80,000	44,000	64,000	45,000	66,000	50,000	72,000	52,000	65,000	42,000	54,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Kentucky Utilities Co [Member]
Retail and wholesale
432,000	417,000	464,000	404,000	448,000	425,000	445,000	412,000	465,000	439,000	457,000	403,000	435,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Electric revenue from affiliate
0	1,000	2,000	2,000	2,000	3,000	2,000	2,000	6,000	2,000	3,000	3,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Revenues
432,000	418,000	466,000	406,000	450,000	428,000	447,000	414,000	471,000	441,000	460,000	406,000	437,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fuel
89,000	90,000	115,000	99,000	116,000	116,000	123,000	117,000	135,000	116,000	126,000	114,000	111,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Energy purchases
5,000	5,000	5,000	5,000	5,000	4,000	5,000	5,000	4,000	5,000	4,000	4,000	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Energy purchases from affiliate
14,000	6,000	2,000	6,000	13,000	8,000	5,000	4,000	12,000	8,000	2,000	4,000	17,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operation and maintenance
104,000	118,000	107,000	105,000	108,000	110,000	114,000	112,000	105,000	111,000	104,000	100,000	108,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
84,000	-	83,000	78,000	72,000	-	70,000	70,000	68,000	-	67,000	61,000	60,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes, other than income
9,000	9,000	9,000	8,000	9,000	8,000	9,000	9,000	8,000	8,000	9,000	7,000	8,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses
305,000	310,000	321,000	301,000	323,000	317,000	326,000	317,000	332,000	315,000	312,000	290,000	309,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income
127,000	108,000	145,000	105,000	127,000	111,000	121,000	97,000	139,000	126,000	148,000	116,000	128,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Income (Expense) - net
1,000	-8,000	4,000	-2,000	2,000	-7,000	1,000	3,000	-3,000	0	0	-2,000	-2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense
28,000	27,000	28,000	28,000	26,000	26,000	24,000	25,000	25,000	24,000	24,000	24,000	24,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Before Income Taxes
100,000	73,000	121,000	75,000	103,000	78,000	98,000	75,000	111,000	102,000	124,000	90,000	102,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes
20,000	17,000	26,000	14,000	22,000	17,000	21,000	14,000	24,000	39,000	47,000	34,000	39,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income
80,000	56,000	95,000	61,000	81,000	61,000	77,000	61,000	87,000	63,000	77,000	56,000	63,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PPL Electric Utilities Corp [Member]
Operating Revenues
608,000	602,000	590,000	521,000	645,000	573,000	548,000	517,000	639,000	575,000	547,000	500,000	573,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Energy purchases
144,000	136,000	132,000	110,000	171,000	141,000	127,000	115,000	161,000	133,000	121,000	107,000	146,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operation and maintenance
137,000	149,000	137,000	130,000	150,000	159,000	127,000	159,000	133,000	137,000	133,000	139,000	163,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
98,000	-	99,000	96,000	95,000	-	89,000	88,000	85,000	-	77,000	76,000	75,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes, other than income
30,000	28,000	29,000	24,000	31,000	28,000	27,000	22,000	32,000	28,000	27,000	23,000	29,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses
409,000	409,000	397,000	360,000	447,000	418,000	370,000	384,000	411,000	379,000	358,000	345,000	413,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income
199,000	193,000	193,000	161,000	198,000	155,000	178,000	133,000	228,000	196,000	189,000	155,000	160,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Income (Expense) - net
3,000	7,000	7,000	6,000	5,000	5,000	5,000	7,000	6,000	4,000	4,000	4,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Income from Affiliate
1,000	3,000	1,000	0	2,000	3,000	4,000	1,000	0	-	2,000	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense
44,000	44,000	43,000	41,000	42,000	42,000	41,000	39,000	37,000	37,000	36,000	36,000	33,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Before Income Taxes
159,000	159,000	158,000	126,000	163,000	121,000	146,000	102,000	197,000	165,000	159,000	124,000	127,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes
41,000	35,000	40,000	32,000	42,000	25,000	35,000	27,000	49,000	54,000	64,000	47,000	48,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income
118,000	124,000	118,000	94,000	121,000	96,000	111,000	75,000	148,000	111,000	95,000	77,000	79,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LG And E And KU Energy LLC [Member]
Operating Revenues
825,000	785,000	844,000	732,000	845,000	797,000	802,000	743,000	872,000	806,000	818,000	723,000	809,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fuel
163,000	153,000	194,000	168,000	194,000	190,000	206,000	189,000	214,000	183,000	202,000	183,000	191,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Energy purchases
57,000	49,000	19,000	27,000	79,000	66,000	22,000	33,000	80,000	58,000	22,000	29,000	69,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operation and maintenance
204,000	234,000	205,000	208,000	214,000	216,000	216,000	211,000	205,000	207,000	197,000	192,000	205,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
149,000	-	144,000	135,000	123,000	-	119,000	118,000	117,000	-	114,000	105,000	105,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes, other than income
18,000	19,000	19,000	18,000	18,000	17,000	18,000	18,000	17,000	16,000	17,000	16,000	16,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses
591,000	600,000	581,000	556,000	628,000	610,000	581,000	569,000	633,000	579,000	552,000	525,000	586,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income
234,000	185,000	263,000	176,000	217,000	187,000	221,000	174,000	239,000	227,000	266,000	198,000	223,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Income (Expense) - net
-	-	2,000	0	-	-14,000	0	1,000	-3,000	1,000	-1,000	-4,000	-4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense
58,000	57,000	57,000	58,000	54,000	52,000	52,000	52,000	50,000	49,000	49,000	50,000	49,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense with Affiliate
7,000	8,000	7,000	9,000	7,000	7,000	7,000	6,000	5,000	5,000	5,000	4,000	4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Before Income Taxes
169,000	105,000	201,000	109,000	156,000	114,000	162,000	117,000	181,000	174,000	211,000	140,000	166,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes
34,000	25,000	43,000	3,000	32,000	27,000	32,000	31,000	39,000	180,000	79,000	53,000	63,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income
135,000	80,000	158,000	106,000	124,000	87,000	130,000	86,000	142,000	-6,000	132,000	87,000	103,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-