PPL Corp
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
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FY2023 · Filed Feb 16, 2024
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. Other Income (Expense) - net
- Other Income (Expense) - net
(PPL)
The components of "Other Income (Expense) - net" for the years ended December 31, were:
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Defined benefit plans - non-service credits (Note 11) | $40 | $47 | $21 |
| Interest income | 32 | 4 | 12 |
| AFUDC - equity component | 30 | 22 | 18 |
| Charitable contributions | (5) | (14) | (14) |
| Talen litigation (a) | (124) | 1 | (41) |
| Miscellaneous | (13) | (6) | 19 |
| Other Income (Expense) - net | $(40) | $54 | $15 |
(a)The costs for the year ended December 31, 2023 primarily relate to the settlement of the litigation. See "Legal Matters - Talen Litigation" in Note 13 for additional information.
The components of "Other Income (Expense) - net" for the years ended December 31, were:
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Defined benefit plans - non-service credits (Note 11) | $20 | $15 | $9 |
| Interest income | 8 | 3 | — |
| AFUDC - equity component | 16 | 16 | 18 |
| Charitable contributions | (3) | (3) | (3) |
| Miscellaneous | (2) | (1) | (3) |
| Other Income (Expense) - net | $39 | $30 | $21 |
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