KENTUCKY UTILITIES CO
For the period ended Jun 30, 2025. Filed Jul 31, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 31, 2025
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16. Accumulated Other Comprehensive Income (Loss)
- Accumulated Other Comprehensive Income (Loss)
(PPL)
The after-tax changes in AOCI by component for the periods ended June 30 were as follows.
| Unrealized gains (losses) on qualifyingderivatives · Defined benefit plans | |||||
|---|---|---|---|---|---|
| Equityinvestees'AOCI · Priorservicecosts · Actuarialgain(loss) · Total | |||||
| PPL | |||||
| March 31, 2025 | $10 | $4 | $(3) | $(195) | $(184) |
| Amounts arising during the period | 1 | — | — | (8) | (7) |
| Reclassifications from AOCI | — | — | — | 1 | 1 |
| Net OCI during the period | 1 | — | — | (7) | (6) |
| Unrealized gains (losses) on qualifyingderivatives · Defined benefit plans | |||||
|---|---|---|---|---|---|
| Equityinvestees'AOCI · Priorservicecosts · Actuarialgain(loss) · Total | |||||
| June 30, 2025 | $11 | $4 | $(3) | $(202) | $(190) |
| December 31, 2024 | $9 | $4 | $(3) | $(194) | $(184) |
| Amounts arising during the period | 1 | — | — | (8) | (7) |
| Reclassifications from AOCI | 1 | — | — | — | 1 |
| Net OCI during the period | 2 | — | — | (8) | (6) |
| June 30, 2025 | $11 | $4 | $(3) | $(202) | $(190) |
| March 31, 2024 | $7 | $4 | $(4) | $(168) | $(161) |
| Amounts arising during the period | — | — | — | 2 | 2 |
| Reclassifications from AOCI | — | — | — | (1) | (1) |
| Net OCI during the period | — | — | — | 1 | 1 |
| June 30, 2024 | $7 | $4 | $(4) | $(167) | $(160) |
| December 31, 2023 | $6 | $3 | $(4) | $(168) | $(163) |
| Amounts arising during the period | — | 1 | — | 2 | 3 |
| Reclassifications from AOCI | 1 | — | — | (1) | — |
| Net OCI during the period | 1 | 1 | — | 1 | 3 |
| June 30, 2024 | $7 | $4 | $(4) | $(167) | $(160) |
The following table presents PPL's gains (losses) and related income taxes for reclassifications from AOCI for the periods ended June 30.
| Three Months · Six Months · Affected Line Item on the | |||||
|---|---|---|---|---|---|
| Details about AOCI | 2025 | 2024 | 2025 | 2024 | Statements of Income |
| Qualifying derivatives | |||||
| Interest rate derivatives | $(1) | $(1) | $(2) | $(2) | Interest Expense |
| Total Pre-tax | (1) | (1) | (2) | (2) | |
| Income Taxes | 1 | 1 | 1 | 1 | |
| Total After-tax | — | — | (1) | (1) | |
| Defined benefit plans | |||||
| Net actuarial loss (a) | (1) | 2 | — | 2 | |
| Total Pre-tax | (1) | 2 | — | 2 | |
| Income Taxes | — | (1) | — | (1) | |
| Total After-tax | (1) | 1 | — | 1 | |
| Total reclassifications during the period | $(1) | $1 | $(1) | $— | |
(a) These AOCI components are included in the computation of net periodic defined benefit cost. See Note 9 for additional information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.