Balance Sheet

Assets

+20%

-6%

10Y

Currency: USD

	Dec-2002	Dec-2003	Dec-2004	Dec-2005	Dec-2006	Dec-2007	Dec-2008	Dec-2009	Dec-2010	Dec-2011	Dec-2012	Dec-2013	Dec-2014	Dec-2015	Dec-2016	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023	Dec-2024	Dec-2025
Assets
Cash & Cash Equivalents	245	466	616	555	794	430	1 100	801	925	1 202	901	1 102	1 399	836	341	485	621	815	442	3 571	356	331	306	1 071
Cash Equivalents	245	466	616	555	794	430	1 100	801	925	1 202	901	1 102	1 399	836	341	485	621	815	442	3 571	356	331	306	1 071
Short-Term Investments	0	0	0	63	359	108	150	0	163	16	0	0	120	0	0	0	0	0	0	0	0	0	0	0
Total Receivables	588	555	459	544	591	661	533	468	742	823	824	1 020	808	732	712	781	770	792	689	641	1 046	1 221	1 037	1 225
Accounts Receivables	588	555	459	544	591	661	533	409	652	732	745	923	737	673	666	681	663	687	603	583	896	950	961	1 108
Other Receivables	0	0	0	0	0	0	0	59	90	91	79	97	71	59	46	100	107	105	86	58	150	271	76	117
Inventory	242	256	309	346	378	316	337	357	643	654	673	702	381	357	356	320	303	332	302	322	443	505	511	551
Other Current Assets	744	743	892	1 398	1 508	1 653	2 263	3 126	3 715	3 731	2 670	2 329	3 318	721	658	708	738	828	19 467	473	979	875	1 026	1 084
Total Current Assets	1 819	2 020	2 276	2 906	3 630	3 168	4 383	4 752	6 188	6 426	5 068	5 153	6 026	2 646	2 067	2 294	2 432	2 767	20 900	5 007	2 824	2 932	2 880	3 931
PP&E Net	9 594	10 622	11 161	10 924	12 076	12 614	12 375	13 174	20 823	27 266	30 032	33 087	28 169	30 382	30 074	33 092	34 458	36 563	24 500	25 532	30 298	31 492	33 149	36 132
Intangible Assets	212	243	336	416	367	335	637	615	966	1 065	925	947	668	679	700	697	716	742	351	343	313	306	314	327
Goodwill	474	1 068	1 127	1 070	1 154	991	763	806	1 761	4 114	4 158	4 225	3 667	3 550	3 060	3 258	3 162	3 198	716	716	2 248	2 247	2 247	2 247
Long-Term Investments	341	200	51	56	47	44	76	65	75	78	47	43	0	0	0	0	0	0	0	0	0	0	0	0
Other Long-Term Assets	3 112	2 970	2 782	2 554	2 473	2 820	3 171	2 753	3 024	3 699	3 404	2 804	10 076	2 044	2 414	2 138	2 628	2 410	1 649	1 625	2 154	2 259	2 479	2 607
Other Assets	474	1 068	1 127	1 070	1 154	991	763	806	1 761	4 114	4 158	4 225	3 667	3 550	3 060	3 258	3 162	3 198	716	716	2 248	2 247	2 247	2 247
Total Assets	15 552 N/A	17 123 +10%	17 733 +4%	17 926 +1%	19 747 +10%	19 972 +1%	21 405 +7%	22 165 +4%	32 837 +48%	42 648 +30%	43 634 +2%	46 259 +6%	48 606 +5%	39 301 -19%	38 315 -3%	41 479 +8%	43 396 +5%	45 680 +5%	48 116 +5%	33 223 -31%	37 837 +14%	39 236 +4%	41 069 +5%	45 244 +10%
Liabilities
Accounts Payable	452	456	407	542	667	689	766	619	1 028	1 150	1 252	1 308	995	812	820	924	989	956	745	679	1 201	1 104	1 196	1 559
Accrued Liabilities	101	121	129	112	109	131	130	112	166	287	325	325	298	303	270	282	278	317	113	103	119	145	157	195
Short-Term Debt	943	56	42	214	42	92	679	639	694	578	652	701	836	916	923	1 080	1 430	1 151	1 168	69	985	992	303	456
Current Portion of Long-Term Debt	366	395	866	1 126	1 107	678	696	0	502	0	751	315	1 000	485	518	348	530	1 172	1 074	474	354	1	551	904
Other Current Liabilities	751	747	851	1 360	1 423	1 292	2 053	2 812	2 824	3 240	2 645	2 263	4 310	1 360	1 306	1 389	1 336	1 304	11 955	998	1 130	1 098	1 126	1 432
Total Current Liabilities	2 613	1 775	2 295	3 354	3 348	2 882	4 324	4 182	5 214	5 255	5 625	4 912	7 439	3 876	3 837	4 023	4 563	4 900	15 055	2 323	3 789	3 340	3 333	4 546
Long-Term Debt	6 562	8 145	6 881	6 095	7 029	7 191	7 142	7 143	12 161	17 993	18 725	20 592	17 054	18 563	17 808	19 847	20 069	20 721	13 615	10 666	12 889	14 611	15 952	17 990
Deferred Income Tax	2 287	2 205	2 398	2 197	2 331	2 192	1 761	2 115	2 563	3 326	3 387	3 928	3 102	3 440	3 889	2 462	2 796	3 088	2 536	3 151	3 007	3 105	3 356	3 506
Minority Interest	36	54	56	56	60	19	319	319	268	268	18	0	0	0	0	0	0	0	0	0	3	0	0	0
Other Liabilities	1 748	1 634	1 813	1 806	1 857	2 132	2 782	2 910	4 421	4 978	5 399	4 361	7 383	3 503	2 882	4 386	4 311	3 980	3 537	3 360	4 234	4 247	4 351	4 321
Total Liabilities	13 246 N/A	13 813 +4%	13 443 -3%	13 508 +0%	14 625 +8%	14 416 -1%	16 328 +13%	16 669 +2%	24 627 +48%	31 820 +29%	33 154 +4%	33 793 +2%	34 978 +4%	29 382 -16%	28 416 -3%	30 718 +8%	31 739 +3%	32 689 +3%	34 743 +6%	19 500 -44%	23 922 +23%	25 303 +6%	26 992 +7%	30 363 +12%
Equity
Common Stock	84	53	53	4	4	4	4	4	5	6	6	6	7	7	7	7	7	8	8	8	8	8	8	8
Retained Earnings	1 013	1 478	1 870	2 182	2 626	3 448	3 862	3 749	4 082	4 797	5 478	5 709	6 462	2 953	3 829	3 871	4 593	5 127	5 315	2 572	2 681	2 710	2 835	3 207
Additional Paid In Capital	2 539	2 977	3 577	3 602	2 810	2 172	2 196	2 280	4 602	6 813	6 936	8 316	9 433	9 687	9 841	10 305	11 021	12 214	12 270	12 303	12 317	12 326	12 346	12 443
Treasury Stock	836	837	838	838	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1 003	967	948	928	575
Other Equity	494	361	372	532	318	68	985	537	479	788	1 940	1 565	2 274	2 728	3 778	3 422	3 964	4 358	4 220	157	124	163	184	202
Total Equity	2 306 N/A	3 310 +44%	4 290 +30%	4 418 +3%	5 122 +16%	5 556 +8%	5 077 -9%	5 496 +8%	8 210 +49%	10 828 +32%	10 480 -3%	12 466 +19%	13 628 +9%	9 919 -27%	9 899 0%	10 761 +9%	11 657 +8%	12 991 +11%	13 373 +3%	13 723 +3%	13 915 +1%	13 933 +0%	14 077 +1%	14 881 +6%
Total Liabilities & Equity	15 552 N/A	17 123 +10%	17 733 +4%	17 926 +1%	19 747 +10%	19 972 +1%	21 405 +7%	22 165 +4%	32 837 +48%	42 648 +30%	43 634 +2%	46 259 +6%	48 606 +5%	39 301 -19%	38 315 -3%	41 479 +8%	43 396 +5%	45 680 +5%	48 116 +5%	33 223 -31%	37 837 +14%	39 236 +4%	41 069 +5%	45 244 +10%
Shares Outstanding
Common Shares Outstanding	331	355	378	380	385	373	375	377	483	578	582	630	666	674	680	693	720	767	769	735	736	737	738	751

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PPL Corp
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PPL Corp

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PPL Corp

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PPL Corp
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