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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities      
Net income (loss) $ 1,181 $ 888 $ 740
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation 1,312 1,279 1,254
Amortization 104 78 81
Defined benefit plans - expense (income) (57) (72) (73)
Deferred income taxes and investment tax credits 192 196 322
Equity component of AFUDC (81) (47) (30)
Stock compensation expense 49 46 33
Other 8 30 1
Change in current assets and current liabilities      
Accounts receivable (207) 254 (170)
Accounts payable (12) (41) (72)
Unbilled Revenues (73) (57) 128
Fuel, materials and supplies (28) (2) (60)
Prepayments 43 (34) 1
Taxes payable 87 (27) 6
Regulatory assets and liabilities, net 162 (68) (37)
Other (4) (65) 38
Defined benefits plans - funding (12) (10) (13)
Other operating activities      
Proceeds from transfer of excess benefit plan funds 0 13 0
Other assets (138) (96) (69)
Other liabilities 65 42 (349)
Net cash provided by operating activities 2,629 2,340 1,758
Cash Flows from Investing Activities      
Expenditures for property, plant and equipment (4,030) (2,805) (2,390)
Other investing activities 26 (13) 7
Net cash provided by (used in) investing activities (4,004) (2,818) (2,383)
Cash Flows from Financing Activities      
Issuance of long-term debt 3,045 1,894 3,252
Retirement of long-term debt (616) 0 (1,854)
Payment of common stock dividends (794) (747) (704)
Proceeds from Sale of Treasury Stock 401 2 5
Net increase (decrease) in short-term debt 153 (689) 7
Debt Issuance Costs (41) (19) (46)
Other investing activities (26) (6) (10)
Net cash provided by (used in) financing activities 2,122 435 650
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 747 (43) 25
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 339 382 357
Cash, Cash Equivalents and Restricted Cash at End of Period 1,086 339 382
Supplemental Disclosures of Cash Flow Information:      
Interest - net of amount capitalized 745 670 604
Income taxes - net 93 (123) 281
Accrued expenditures for property, plant and equipment at December 31, 630 358 220
Accrued interest 38 33 27
PPL Electric Utilities Corp [Member]      
Cash Flows from Operating Activities      
Net income (loss) [1] 639 574 519
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation 413 401 397
Amortization 48 45 41
Defined benefit plans - expense (income) (29) (39) (42)
Deferred income taxes and investment tax credits 24 129 46
Equity component of AFUDC (30) (23) (16)
Other 4 24 (8)
Change in current assets and current liabilities      
Accounts receivable (142) 89 (78)
Accounts payable 99 64 13
Unbilled Revenues (50) (10) 75
Fuel, materials and supplies (40) 6 (30)
Prepayments 49 (32) 2
Taxes payable 45 (49) 15
Regulatory assets and liabilities, net 67 (101) (38)
Other (8) (25) 9
Defined benefits plans - funding 0 0 (5)
Other operating activities      
Other assets (50) (32) 3
Other liabilities 0 9 1
Net cash provided by operating activities 1,050 1,042 912
Cash Flows from Investing Activities      
Expenditures for property, plant and equipment (1,608) (1,229) (956)
Expenditures for intangible assets (12) (9) (6)
Net (increase) decrease in notes receivable from affiliate 79 (222) 0
Other investing activities 38 5 4
Net cash provided by (used in) investing activities (1,503) (1,455) (958)
Cash Flows from Financing Activities      
Issuance of long-term debt 496 649 1,329
Retirement of long-term debt 0 0 (1,240)
Contributions from parent 540 688 206
Payment of common stock dividends to parent (401) (375) (323)
Return of Capital to Parent (170) (60) (250)
Net increase (decrease) in short-term debt 0 (509) 364
Debt Issuance Costs (6) (7) (14)
Net cash provided by (used in) financing activities 459 386 72
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 6 (27) 26
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 24 51 25
Cash, Cash Equivalents and Restricted Cash at End of Period 30 24 51
Supplemental Disclosures of Cash Flow Information:      
Interest - net of amount capitalized 236 224 205
Income taxes - net 129 83 92
Accrued expenditures for property, plant and equipment at December 31, 213 173 122
Accrued interest 11 12 8
Louisville Gas And Electric Co [Member]      
Cash Flows from Operating Activities      
Net income (loss) 309 297 [2] 266 [2]
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation 307 305 302
Amortization 24 16 14
Deferred income taxes and investment tax credits (9) 6 (14)
Equity component of AFUDC (16) (8) (3)
Other 6 2 (4)
Change in current assets and current liabilities      
Accounts receivable (10) (25) 40
Accounts receivable from affiliates (6) (11) 7
Accounts payable 14 12 (40)
Accounts payable to affiliates 6 15 (8)
Unbilled Revenues (10) 1 24
Fuel, materials and supplies (2) (13) 24
Taxes payable 20 (1) 0
Regulatory assets and liabilities, net (12) (3) 25
Other (5) 0 1
Other operating activities      
Expenditures for asset retirement obligations (9) (11) (11)
Other assets (43) (27) (21)
Other liabilities 22 (1) 2
Net cash provided by operating activities 599 554 609
Cash Flows from Investing Activities      
Expenditures for property, plant and equipment (767) (444) (378)
Net (increase) decrease in notes receivable from affiliate (36) 0 0
Net cash provided by (used in) investing activities (803) (444) (378)
Cash Flows from Financing Activities      
Issuance of long-term debt 700 0 464
Retirement of long-term debt (300) 0 (300)
Net increase (decrease) in short-term debt (25) 25 (179)
Contributions from parent 281 65 67
Payment of common stock dividends to parent (200) (187) (166)
Return of Capital to Parent (55) (76) (161)
Debt Issuance Costs (9) 0 (5)
Net cash provided by (used in) financing activities 349 (130) (280)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 145 (20) (49)
Proceeds from (Repayments of) Related Party Debt (43) 43 0
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 24 44 93
Cash, Cash Equivalents and Restricted Cash at End of Period 169 24 44
Supplemental Disclosures of Cash Flow Information:      
Interest - net of amount capitalized 103 101 93
Income taxes - net 81 73 84
Accrued expenditures for property, plant and equipment at December 31, 142 64 30
Accrued interest 13 0 5
Kentucky Utilities Co [Member]      
Cash Flows from Operating Activities      
Net income (loss) [3] 398 356 312
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation 408 403 392
Amortization 21 21 20
Defined benefit plans - expense (income) (3) (5) (5)
Deferred income taxes and investment tax credits 0 (15) (10)
Equity component of AFUDC (21) (9) (3)
Other 11 5 1
Change in current assets and current liabilities      
Accounts receivable (2) (21) 16
Accounts payable 1 (23) (26)
Accounts payable to affiliates 7 29 (24)
Unbilled Revenues (4) (5) 17
Fuel, materials and supplies (8) 14 (17)
Taxes payable 26 5 5
Regulatory assets and liabilities, net (6) 23 25
Other (4) (5) (4)
Other operating activities      
Expenditures for asset retirement obligations (11) (10) (28)
Other assets (21) (41) (25)
Other liabilities (8) 1 (4)
Net cash provided by operating activities 798 723 647
Cash Flows from Investing Activities      
Expenditures for property, plant and equipment (983) (643) (572)
Other investing activities (3) 0 6
Net cash provided by (used in) investing activities (986) (643) (566)
Cash Flows from Financing Activities      
Issuance of long-term debt 700 0 459
Retirement of long-term debt (250) 0 (313)
Net increase (decrease) in short-term debt (140) 47 (8)
Contributions from parent 198 126 76
Payment of common stock dividends to parent (249) (232) (190)
Return of Capital to Parent (37) (103) (84)
Debt Issuance Costs (9) 0 (4)
Net cash provided by (used in) financing activities 176 (89) (64)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (12) (9) 17
Proceeds from (Repayments of) Related Party Debt (37) 73 0
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 29 38 21
Cash, Cash Equivalents and Restricted Cash at End of Period 17 29 38
Supplemental Disclosures of Cash Flow Information:      
Interest - net of amount capitalized 138 135 125
Income taxes - net 94 102 78
Accrued expenditures for property, plant and equipment at December 31, 101 74 38
Accrued interest $ 14 $ 0 $ 5
[1] Net income equals comprehensive income.
[2] Net income equals comprehensive income.
[3] Net income equals comprehensive income.