PPL Corp
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
PPLC$46.33-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at December 31, 202 and
| 2024 | 2023 | |
|---|---|---|
| Assets | ||
| Current Assets | ||
| Cash and cash equivalents | $306 | $331 |
| Accounts receivable (less reserve: 2024, $147; 2023, $123) | ||
| Customer | 961 | 950 |
| Other | 76 | 271 |
| Unbilled revenues (less reserve: 2024, $6; 2023, $4) | 485 | 428 |
| Fuel, materials and supplies | 511 | 505 |
| Prepayments | 136 | 103 |
| Regulatory assets | 320 | 293 |
| Other current assets | 85 | 51 |
| Total Current Assets | 2,880 | 2,932 |
| Property, Plant and Equipment | ||
| Regulated utility plant | 40,391 | 38,608 |
| Less: accumulated depreciation - regulated utility plant | 9,682 | 9,156 |
| Regulated utility plant, net | 30,709 | 29,452 |
| Non-regulated property, plant and equipment | 79 | 72 |
| Less: accumulated depreciation - non-regulated property, plant and equipment | 29 | 23 |
| Non-regulated property, plant and equipment, net | 50 | 49 |
| Construction work in progress | 2,390 | 1,917 |
| Property, Plant and Equipment, net | 33,149 | 31,418 |
| Other Noncurrent Assets | ||
| Regulatory assets | 2,060 | 1,874 |
| Goodwill | 2,247 | 2,247 |
| Other intangibles | 314 | 306 |
| Other noncurrent assets (less reserve for accounts receivable: 2024, $1; 2023, $2) | 419 | 459 |
| Total Other Noncurrent Assets | 5,040 | 4,886 |
| Total Assets | $41,069 | $39,236 |
| 2024 | 2023 | |
|---|---|---|
| Liabilities and Equity | ||
| Current Liabilities | ||
| Short-term debt | $303 | $992 |
| Long-term debt due within one year | 551 | 1 |
| Accounts payable | 1,196 | 1,104 |
| Taxes | 103 | 130 |
| Interest | 157 | 124 |
| Dividends | 186 | 173 |
| Regulatory liabilities | 223 | 225 |
| Other current liabilities | 614 | 591 |
| Total Current Liabilities | 3,333 | 3,340 |
| Long-term Debt | 15,952 | 14,611 |
| Deferred Credits and Other Noncurrent Liabilities | ||
| Deferred income taxes | 3,356 | 3,105 |
| Investment tax credits | 111 | 114 |
| Accrued pension obligations | 317 | 275 |
| Asset retirement obligations | 136 | 133 |
| Regulatory liabilities | 3,335 | 3,340 |
| Other deferred credits and noncurrent liabilities | 452 | 385 |
| Total Deferred Credits and Other Noncurrent Liabilities | 7,707 | 7,352 |
| Commitments and Contingent Liabilities (Notes 7 and 12) | ||
| Equity | ||
| Common stock - $0.01 par value (a) | 8 | 8 |
| Additional paid-in capital | 12,346 | 12,326 |
| Treasury stock | (928) | (948) |
| Earnings reinvested | 2,835 | 2,710 |
| Accumulated other comprehensive loss | (184) | (163) |
| Total Equity | 14,077 | 13,933 |
| Total Liabilities and Equity | $41,069 | $39,236 |
(a)1,560,000 shares authorized;770,215 shares issued and 738,033 shares outstanding at December 31, 2024.1,560,000 shares authorized;770,013 shares issued and 737,130 shares outstanding at December 31, 2023.
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