XML 98 R35.htm IDEA: XBRL DOCUMENT
v3.22.4

Revenue from Contracts with Customers (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Revenue from contracts with customers [Line Items] |
Reconciliation of revenue from contracts with customers [Table Text Block] | The following table reconciles "Operating Revenues" included in each Registrant's Statement of Income with revenues generated from contracts with customers for the years ended December 31:
| 2022
| PPL |  | PPL Electric |  | LG&E |  | KU
Operating Revenues (a) | $ | 7,902 |  |  | $ | 3,030 |  |  | $ | 1,798 |  |  | $ | 2,074 |
Revenues derived from: |  |  |  |  |  |  |
Alternative revenue programs (b) | (92) |  |  | (56) |  |  | 9 |  |  | 5 |
Other (c) | (24) |  |  | (14) |  |  | (6) |  |  | (4) |
Revenues from Contracts with Customers | $ | 7,786 |  |  | $ | 2,960 |  |  | $ | 1,801 |  |  | $ | 2,075 |
| 2021
| PPL |  | PPL Electric |  | LG&E |  | KU
Operating Revenues (a) | $ | 5,783 |  |  | $ | 2,402 |  |  | $ | 1,569 |  |  | $ | 1,826 |
Revenues derived from: |  |  |  |  |  |  |
Alternative revenue programs (b) | 77 |  |  | 83 |  |  | (3) |  |  | (3) |
Other (c) | (22) |  |  | (3) |  |  | (8) |  |  | (9) |
Revenues from Contracts with Customers | $ | 5,838 |  |  | $ | 2,482 |  |  | $ | 1,558 |  |  | $ | 1,814 |
| 2020
| PPL |  | PPL Electric |  | LG&E |  | KU
Operating Revenues (a) | $ | 5,474 |  |  | $ | 2,331 |  |  | $ | 1,456 |  |  | $ | 1,690 |
Revenues derived from: |  |  |  |  |  |  |
Alternative revenue programs (b) | (24) |  |  | (12) |  |  | (8) |  |  | (4) |
Other (c) | (21) |  |  | (3) |  |  | (7) |  |  | (10) |
Revenues from Contracts with Customers | $ | 5,429 |  |  | $ | 2,316 |  |  | $ | 1,441 |  |  | $ | 1,676 |
(a)PPL includes $1,038 million for the twelve months ended December 31, 2022 of revenues from external customers reported by the Rhode Island Regulated segment. PPL Electric represents revenues from external customers reported by the Pennsylvania Regulated segment and LG&E and KU, net of intercompany power sales and transmission revenues, represent revenues from external customers reported by the Kentucky Regulated segment. See Note 2 for additional information. (b)This line item shows the over/under collection of rate mechanisms deemed alternative revenue programs with over-collections of revenue shown as positive amounts in the table above and under collections as negative amounts. For PPL Electric, revenue in 2022 includes $74 million related to the amortization of the regulatory liability primarily recorded in 2021 for a reduction in the transmission formula rate return on equity that is reflected in rates in 2022. Revenue in 2021 was reduced by $78 million for a reduction in the transmission formula rate return on equity. See Note 7 for additional information. (c)Represents additional revenues outside the scope of revenues from contracts with customers such as leases and other miscellaneous revenues.
Disaggregation of Revenue [Table Text Block] | The following table shows revenues from contracts with customers disaggregated by customer class for the years ended December 31:
| Residential |  | Commercial |  | Industrial |  | Other (a) |  | Wholesale - municipality |  | Wholesale - other (b) |  | Transmission |  | Revenues from Contracts with Customers
PPL |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PA Regulated | $ | 1,647 |  |  | $ | 491 |  |  | $ | 85 |  |  | $ | 54 |  |  | $ | — |  |  | $ | — |  |  | $ | 683 |  |  | $ | 2,960 |
RI Regulated | 299 |  |  | 101 |  |  | 9 |  |  | 478 |  |  | — |  |  | — |  |  | 101 |  |  | 988 |
KY Regulated | 1,637 |  |  | 1,068 |  |  | 662 |  |  | 323 |  |  | 28 |  |  | 97 |  |  | — |  |  | 3,815 |
Corp and Other | — |  |  | — |  |  | — |  |  | 23 |  |  | — |  |  | — |  |  | — |  |  | 23 |
Total PPL | $ | 3,583 |  |  | $ | 1,660 |  |  | $ | 756 |  |  | $ | 878 |  |  | $ | 28 |  |  | $ | 97 |  |  | $ | 784 |  |  | $ | 7,786 |
2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PA Regulated | $ | 1,299 |  |  | $ | 350 |  |  | $ | 53 |  |  | $ | 50 |  |  | $ | — |  |  | $ | — |  |  | $ | 730 |  |  | $ | 2,482 |
RI Regulated | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
KY Regulated | 1,416 |  |  | 928 |  |  | 586 |  |  | 305 |  |  | 24 |  |  | 66 |  |  | — |  |  | 3,325 |
Corp and Other | — |  |  | — |  |  | — |  |  | 31 |  |  | — |  |  | — |  |  | — |  |  | 31 |
Total PPL | $ | 2,715 |  |  | $ | 1,278 |  |  | $ | 639 |  |  | $ | 386 |  |  | $ | 24 |  |  | $ | 66 |  |  | $ | 730 |  |  | $ | 5,838 |
2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PA Regulated | $ | 1,238 |  |  | $ | 314 |  |  | $ | 44 |  |  | $ | 50 |  |  | $ | — |  |  | $ | — |  |  | $ | 670 |  |  | $ | 2,316 |
RI Regulated | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
KY Regulated | 1,347 |  |  | 871 |  |  | 538 |  |  | 261 |  |  | 20 |  |  | 40 |  |  | — |  |  | 3,077 |
Corp and Other | — |  |  | — |  |  | — |  |  | 36 |  |  | — |  |  | — |  |  | — |  |  | 36 |
Total PPL | $ | 2,585 |  |  | $ | 1,185 |  |  | $ | 582 |  |  | $ | 347 |  |  | $ | 20 |  |  | $ | 40 |  |  | $ | 670 |  |  | $ | 5,429 |
PPL Electric |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2022 | $ | 1,647 |  |  | $ | 491 |  |  | $ | 85 |  |  | $ | 54 |  |  | $ | — |  |  | $ | — |  |  | $ | 683 |  |  | $ | 2,960 |
2021 | $ | 1,299 |  |  | $ | 350 |  |  | $ | 53 |  |  | $ | 50 |  |  | $ | — |  |  | $ | — |  |  | $ | 730 |  |  | $ | 2,482 |
2020 | $ | 1,238 |  |  | $ | 314 |  |  | $ | 44 |  |  | $ | 50 |  |  | $ | — |  |  | $ | — |  |  | $ | 670 |  |  | $ | 2,316 |
LG&E |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2022 | $ | 835 |  |  | $ | 551 |  |  | $ | 199 |  |  | $ | 141 |  |  | $ | — |  |  | $ | 75 |  |  | $ | — |  |  | $ | 1,801 |
2021 | $ | 711 |  |  | $ | 473 |  |  | $ | 180 |  |  | $ | 145 |  |  | $ | — |  |  | $ | 49 |  |  | $ | — |  |  | $ | 1,558 |
2020 | $ | 676 |  |  | $ | 444 |  |  | $ | 173 |  |  | $ | 114 |  |  | $ | — |  |  | $ | 34 |  |  | $ | — |  |  | $ | 1,441 |
KU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2022 | $ | 802 |  |  | $ | 517 |  |  | $ | 463 |  |  | $ | 182 |  |  | $ | 28 |  |  | $ | 83 |  |  | $ | — |  |  | $ | 2,075 |
2021 | $ | 705 |  |  | $ | 455 |  |  | $ | 406 |  |  | $ | 160 |  |  | $ | 24 |  |  | $ | 64 |  |  | $ | — |  |  | $ | 1,814 |
2020 | $ | 671 |  |  | $ | 427 |  |  | $ | 365 |  |  | $ | 147 |  |  | $ | 20 |  |  | $ | 46 |  |  | $ | — |  |  | $ | 1,676 |
(a)Primarily includes revenues from pole attachments, street lighting, other public authorities and other non-core businesses. (b)Includes wholesale power and transmission revenues. LG&E and KU amounts include intercompany power sales and transmission revenues, which are eliminated upon consolidation at PPL.
Credit loss recognized from contract with customer [Table Text Block] | The following table shows the accounts receivable and unbilled revenues balances that were impaired for the year ended December 31:
| 2022 |  | 2021 |  | 2020
PPL(a) | $ | 70 |  |  | $ | 22 |  |  | $ | 25 |
PPL Electric | 21 |  |  | 10 |  |  | 17 |
LG&E | 6 |  |  | 4 |  |  | 4 |
KU | 6 |  |  | 8 |  |  | 4 |
Contract with Customer, Asset and Liability [Table Text Block] | The following table shows the balances and certain activity of contract liabilities resulting from contracts with customers:
| PPL |  | PPL Electric |  | LG&E |  | KU
Contract liabilities as of December 31, 2022 | $ | 34 |  |  | $ | 23 |  |  | $ | 5 |  |  | $ | 6 |
Contract liabilities as of December 31, 2021 | 42 |  |  | 25 |  |  | 6 |  |  | 6 |
Revenue recognized during the year ended December 31, 2022 that was included in the contract liability balance at December 31, 2021 | 25 |  |  | 12 |  |  | 6 |  |  | 6 |
Contract liabilities as of December 31, 2021 | $ | 42 |  |  | $ | 25 |  |  | $ | 6 |  |  | $ | 6 |
Contract liabilities as of December 31, 2020 | 40 |  |  | 23 |  |  | 5 |  |  | 6 |
Revenue recognized during the year ended December 31, 2021 that was included in the contract liability balance at December 31, 2020 | 24 |  |  | 11 |  |  | 5 |  |  | 6 |
Contract liabilities as of December 31, 2020 | $ | 40 |  |  | $ | 23 |  |  | $ | 5 |  |  | $ | 6 |
Contract liabilities as of December 31, 2019 | 37 |  |  | 21 |  |  | 5 |  |  | 4 |
Revenue recognized during the year ended December 31, 2020 that was included in the contract liability balance at December 31, 2019 | 22 |  |  | 9 |  |  | 5 |  |  | 4 |

X
- Definition Credit loss recognized from contract with customer [Table Text Block] + References No definition available. + Details
Name: | ppl_CreditlossrecognizedfromcontractwithcustomerTableTextBlock
Namespace Prefix: | ppl_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition [Table Text Block] for Reconciliation of revenue from contracts with customers [Table] + References No definition available. + Details
Name: | ppl_ReconciliationofrevenuefromcontractswithcustomersTableTextBlock
Namespace Prefix: | ppl_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition [Line Items] for Revenue from contracts with customers [Table] + References No definition available. + Details
Name: | ppl_RevenuefromcontractswithcustomersLineItems
Namespace Prefix: | ppl_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration