v3.25.2
Defined Benefits
 6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Defined Benefits
9. Defined Benefits

(PPL)

Certain net periodic defined benefit costs are applied to accounts that are further distributed among capital, expense, regulatory assets and regulatory liabilities, including certain costs allocated to applicable subsidiaries for plans sponsored by PPL Services and LKE. Following are the net periodic defined benefit costs (credits) of the plans sponsored by PPL and its subsidiaries for the periods ended June 30:
Pension Benefits
 Three MonthsSix Months
 2025202420252024
PPL  
Service cost$8 $8 $15 $17 
Interest cost47 46 92 92 
Expected return on plan assets(72)(75)(143)(150)
Amortization of:
Prior service cost— — — 1 
Actuarial loss4 3 9 5 
Net periodic defined benefit costs (credits)$(13)$(18)$(27)$(35)

 Other Postretirement Benefits
 Three MonthsSix Months
 2025202420252024
PPL  
Service cost$2 $2 $3 $3 
Interest cost8 7 15 14 
Expected return on plan assets(8)(8)(15)(15)
Amortization of:
Prior service cost— 1 — 1 
Actuarial loss(1)(2)(2)(3)
Net periodic defined benefit costs (credits)$1 $— $1 $— 

(All Registrants)

The non-service cost components of net periodic defined benefit costs (credits) (interest cost, expected return on plan assets, amortization of prior service cost and amortization of actuarial gain and loss) are presented in "Other Income (Expense) - net" on the Statements of Income. See Note 12 for additional information.