v3.25.2
Financing Activities (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Line of Credit Facilities The following credit facilities were in place at:
 June 30, 2025December 31, 2024
 Expiration
Date		CapacityBorrowedLetters of
Credit
and
Commercial
Paper
Issued (c)		Unused
Capacity		BorrowedLetters of
Credit
and
Commercial
Paper
Issued (c)
PPL       
PPL Capital Funding (a)       
Syndicated Credit Facility (b)Dec. 2029$1,500 $— $470 $1,030 $— $138 
Bilateral Credit FacilityFeb. 2026100 — — 100 — — 
Bilateral Credit FacilityFeb. 2026100 — 20 80 — 15 
Total PPL Capital Funding Credit Facilities$1,700 $— $490 $1,210 $— $153 
PPL Electric        
Syndicated Credit FacilityDec. 2029$750 $— $386 $364 $— $1 
Total PPL Electric Credit Facilities$750 $— $386 $364 $— $1 
LG&E      
Syndicated Credit FacilityDec. 2029$600 $— $158 $442 $— $25 
Total LG&E Credit Facilities$600 $— $158 $442 $— $25 
KU       
Syndicated Credit FacilityDec. 2029$600 $— $275 $325 $— $140 
Total KU Credit Facilities $600 $— $275 $325 $— $140 

(a)PPL Capital Funding's obligations are fully and unconditionally guaranteed by PPL.
(b)In January 2025, PPL Capital Funding increased the borrowing capacity of this facility from $1.25 billion to $1.50 billion. At June 30, 2025, the facility included a $250 million borrowing sublimit for RIE and a $1.25 billion sublimit for PPL Capital Funding. At December 31, 2024, the facility included a $250 million borrowing sublimit for RIE and a $1 billion borrowing sublimit for PPL Capital Funding. RIE’s borrowing sublimit is adjustable, at the borrowers’ option, from $0 to $600 million, with the remaining balance available under the facility allocated to PPL Capital Funding. At June 30, 2025, PPL Capital Funding had $470 million of commercial paper outstanding and RIE had no commercial paper outstanding. At December 31, 2024, PPL Capital Funding had $138 million of commercial paper outstanding and RIE had no commercial paper outstanding. RIE's obligations under the facility are not guaranteed by PPL.
(c)Commercial paper issued reflects the undiscounted face value of the issuance.
Schedule of Short-term Debt The following commercial paper programs were in place at:
 June 30, 2025December 31, 2024
Weighted -
Average
Interest Rate		Capacity (c)Commercial
Paper
Issuances (d)		Unused
Capacity		Weighted -
Average
Interest Rate		Commercial
Paper
Issuances (d)
PPL Capital Funding (a)(b)4.66%$1,350 $470 $880 4.76%$138 
RIE (b)250 — 250 — 
PPL Electric
4.63%650 385 265 — 
LG&E4.66%500 158 342 4.72%25 
KU4.66%400 275 125 4.71%140 
Total $3,150 $1,288 $1,862  $303 

(a)PPL Capital Funding's obligations are fully and unconditionally guaranteed by PPL.
(b)Issuances under the PPL Capital Funding and RIE commercial paper programs are supported by the PPL Capital Funding syndicated credit facility. At June 30, 2025, the borrowing sublimits were $250 million for RIE and $1.25 billion for PPL Capital Funding. At December 31, 2024, the borrowing sublimits were $250 million for RIE and $1 billion for PPL Capital Funding. PPL Capital Funding’s commercial paper program is also backed by a separate bilateral credit facility for $100 million.
(c)On July 14, 2025, the capacity of the commercial paper programs were increased to $1,600 million for PPL Capital Funding, $750 million for PPL Electric, $600 million for LG&E and $600 million for KU, bringing the capacity of each program into alignment with the increased capacity of the supporting syndicated credit facilities for each entity, as amended in January 2025.
(d)Commercial paper issued reflects the undiscounted face value of the issuance.