PPL Corporation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,071	306	331	356	3,571
Accounts Receivable	1,666	1,446	1,378	1,448	890
Other Receivables	117	76	271	150	58
Inventory	551	511	505	443	322
Prepaid Expenses	106	136	103	92	60
Restricted Cash	-	-	-	-	1
Other Current Assets	420	405	344	335	105
Total Current Assets	3,931	2,880	2,932	2,824	5,007
Property, Plant & Equipment	36,132	33,149	31,418	30,238	25,470
Regulatory Assets	2,092	2,060	1,874	1,819	1,236
Goodwill	2,247	2,247	2,247	2,248	716
Other Intangible Assets	327	314	306	313	343
Long-Term Deferred Tax Assets	9	12	9	6	12
Other Long-Term Assets	506	407	450	389	439
Total Assets	45,244	41,069	39,236	37,837	33,223
Accounts Payable	1,559	1,196	1,104	1,201	679
Accrued Expenses	263	221	175	148	112
Short-Term Debt	456	303	992	985	69
Current Portion of Long-Term Debt	905	551	2	355	475
Current Portion of Leases	20	-	-	-	-
Current Income Taxes Payable	190	103	130	124	96
Other Current Liabilities	1,153	959	937	976	892
Total Current Liabilities	4,546	3,333	3,340	3,789	2,323
Long-Term Debt	18,046	16,009	14,674	12,955	10,745
Long-Term Leases	89	-	-	-	-
Pension & Post-Retirement Benefits	623	611	527	393	278
Long-Term Deferred Tax Liabilities	5,413	5,366	5,196	5,218	4,861
Other Long-Term Liabilities	1,646	1,673	1,566	1,564	1,293
Total Liabilities	30,363	26,992	25,303	23,919	19,500
Common Stock	8	8	8	8	8
Additional Paid-In Capital	12,443	12,346	12,326	12,317	12,303
Retained Earnings	3,207	2,835	2,710	2,681	2,572
Treasury Stock	-575	-928	-948	-967	-1,003
Comprehensive Income & Other	-202	-184	-163	-124	-157
Total Common Equity	14,881	14,077	13,933	13,915	13,723
Minority Interest	-	-	-	3	-
Shareholders' Equity	14,881	14,077	13,933	13,918	13,723
Total Liabilities & Equity	45,244	41,069	39,236	37,837	33,223
Total Debt	19,516	16,863	15,668	14,295	11,289
Net Cash (Debt)	-18,445	-16,557	-15,337	-13,939	-7,718
Net Cash Per Share	-24.81	-22.38	-20.78	-18.92	-10.09
Filing Date Shares Outstanding	751.31	738.29	737.6	736.68	735.36
Total Common Shares Outstanding	751.04	738.03	737.13	736.49	735.11
Working Capital	-615	-453	-408	-965	2,684
Book Value Per Share	19.81	19.07	18.90	18.89	18.67
Tangible Book Value	12,307	11,516	11,380	11,354	12,664
Tangible Book Value Per Share	16.39	15.60	15.44	15.42	17.23
Machinery	42,953	40,391	38,608	36,961	30,477
Construction In Progress	3,437	2,390	1,917	1,583	1,256

Source: S&P Global Market Intelligence. Utility template. Financial Sources.