KENTUCKY UTILITIES CO

For the period ended Mar 31, 2026. Filed May 8, 2026.

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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.

Mar 31, 2026 · Filed May 8, 2026

PPLC$46.37+0.5%Stored close · as of Nov 9, 2026

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Contents

Condensed Balance Sheets

	March 31,2026	December 31,2025
Assets
Current Assets
Cash and cash equivalents	$49	$162
Accounts receivable (less reserve: 2026, $6; 2025, $5)
Customer	162	154
Other	36	26
Unbilled revenues (less reserve: 2026, $0; 2025, $0)	82	97
Accounts receivable from affiliates	27	46
Notes receivable from affiliates	—	36
Fuel, materials and supplies	138	160
Prepayments	13	11
Regulatory assets	61	19
Other current assets	9	2
Total Current Assets	577	713
Property, Plant and Equipment
Regulated utility plant	8,338	8,270
Less: accumulated depreciation - regulated utility plant	1,905	1,842
Regulated utility plant, net	6,433	6,428
Construction work in progress	791	689
Property, Plant and Equipment, net	7,224	7,117
Other Noncurrent Assets
Regulatory assets	486	482
Goodwill	389	389
Other intangibles	10	11
Other noncurrent assets	118	106
Total Other Noncurrent Assets	1,003	988
Total Assets	$8,804	$8,818

	March 31,2026	December 31,2025
Liabilities and Equity
Current Liabilities
Long-term debt due within one year	$90	$90
Accounts payable	218	262
Accounts payable to affiliates	102	73
Customer deposits	36	37
Taxes	18	60
Price risk management liabilities	1	—
Regulatory liabilities	13	13
Interest	44	34
Asset retirement obligations	3	2
Other current liabilities	53	54
Total Current Liabilities	578	625
Long-term Debt	2,775	2,775
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes	827	819
Investment tax credits	29	29
Price risk management liabilities	4	4
Asset retirement obligations	59	73
Regulatory liabilities	806	809
Other deferred credits and noncurrent liabilities	89	78
Total Deferred Credits and Other Noncurrent Liabilities	1,814	1,812
Commitments and Contingent Liabilities (Notes 6 and 9)
Stockholder's Equity
Common stock - no par value (a)	424	424
Additional paid-in capital	2,150	2,208
Earnings reinvested	1,063	974
Total Equity	3,637	3,606
Total Liabilities and Equity	$8,804	$8,818

(a)75,000 shares authorized;21,294 shares issued and outstanding at March 31, 2026 and December 31, 2025.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.