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PPL Corp Stock Research

PPL

27.20USD-0.04(-0.15%)Market Closed

Market Summary

USD27.20-0.04
Market Closed
-0.15%

PPL Alerts

PPL Stock Price

PPL RSI Chart

PPL Valuation

Market Cap

20.0B

Price/Earnings (Trailing)

26.5

Price/Sales (Trailing)

2.54

EV/EBITDA

7.54

Price/Free Cashflow

-47.14

PPL Price/Sales (Trailing)

PPL Profitability

EBT Margin

11.58%

Return on Equity

5.43%

Return on Assets

2%

Free Cashflow Yield

-2.12%

PPL Fundamentals

PPL Revenue

Revenue (TTM)

7.9B

Revenue Y/Y

54.21%

Revenue Q/Q

7.31%

PPL Earnings

Earnings (TTM)

756.0M

Earnings Y/Y

41.79%

Earnings Q/Q

9.2%

Price Action

52 Week Range

23.4731.74
(Low)(High)

Last 7 days

1.8%

Last 30 days

-5.4%

Last 90 days

-7.2%

Trailing 12 Months

3.7%

PPL Financial Health

Current Ratio

0.75

Debt/Equity

0.8

Debt/Cashflow

0.16

PPL Investor Care

Dividend Yield

3.22%

Dividend/Share (TTM)

0.88

Shares Dilution (1Y)

0.19%

Diluted EPS (TTM)

1.02

Peers (Alternatives to PPL)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
AAPL
2.5T
387.5B
 -0.56% -0.91%
25.94
6.37
 2.44% -5.35%
MSFT
2.1T
204.1B
 -1.92% -6.89%
30.5
10.08
 10.38% -5.25%
GOOG
1.3T
282.8B
 1.63% -25.54%
21.65
4.59
 9.78% -21.12%
AMZN
1.0T
514.0B
 -3.36% -34.72%
-376.42
1.99
 9.40% -108.16%
MID-CAP
NYMT
3.6B
258.4M
 203.99% 176.76%
-11.9
13.75
 24.91% -254.56%
JBLU
2.3B
9.2B
 -18.97% -49.38%
-6.41
0.25
 51.67% -98.90%
SMALL-CAP
PLAY
1.7B
1.7B
 -22.36% -14.62%
13.72
0.97
 61.79% 371.82%
TLRY
1.6B
602.5M
 -17.77% -52.80%
-2.74
2.63
 18.18% -18.59%
BYND
1.1B
418.9M
 5.51% -56.16%
-2.93
2.57
 -9.85% -101.06%
CGC
991.7M
478.9M
 -11.35% -65.42%
-0.32
2.07
 -31.50% -634.70%
MFA
954.9M
482.4M
 -16.25% -37.64%
-4.12
1.98
 33.15% -170.42%
NKLA
897.6M
50.8M
 -34.66% -77.56%
-1.14
17.66
 1229.98% -13.59%
GPRO
788.4M
1.1B
 -10.56% -33.33%
27.33
0.72
 -5.82% -92.23%
INO
281.8M
10.3M
 -24.84% -63.38%
-1.01
27.46
 478.23% 7.85%

Financials for PPL

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue11.3%7,9027,0976,4756,0675,783
EBITDA3.7%2,6092,5162,5702,564-
EBITDA Margin-6.9%0.33*0.35*0.40*0.42*-
Earnings Before Taxes1.3%915903948606521
EBT Margin-9.0%0.12*0.13*0.15*0.10*-
Interest Expenses9.4%513469516872918
Net Income8.0%756700733633-1,480
Net Income Margin-3.0%0.10*0.10*0.11*0.10*-
Free Cahsflow-88.9%-425-225-285180-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.2%37,83737,37837,06234,10733,223
  Current Assets3.8%2,8242,7202,3015,7135,007
    Cash Equivalents17.5%3563033364,2493,571
  Inventory5.0%443422332280322
  Net PPE1.2%30,23829,89429,91025,64525,470
  Goodwill0.3%2,2482,2412,297716716
  Current Liabilities14.3%3,7893,3153,7263,0332,323
.    Short Term Borrowings93.1%98551098898569.00
  Long Term Debt-11,140----
    LT Debt, Current34.1%354264501474474
    LT Debt, Non Current-0.7%12,88912,97712,15310,66810,666
Shareholder's Equity0.2%13,91513,88113,87313,86513,723
  Retained Earnings0.9%2,6812,6582,6492,6972,572
  Additional Paid-In Capital0%12,31712,31712,31312,29912,303
Accumulated Depreciation2.2%46.0045.0060.0041.0041.00
Shares Outstanding0.0%736736736736735
Minority Interest0%3.003.003.00--
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-4.0%1,7301,8031,7282,1092,270
  Share Based Compensation-18.2%36.0044.00---
Cashflow From Investing0.8%-5,654-5,700-5,7028,2657,957
Cashflow From Financing225.0%709-567-3,319-6,716-7,390
  Dividend Payments-16.1%7879381,0921,2651,279
  Buy Backs-100.0%0.002,8841,003--

Risks for PPL

What is the probability of a big loss on PPL?

42.3%

Probability that PPL stock will be more than 20% underwater in next one year

26.1%

Probability that PPL stock will be more than 30% underwater in next one year.

18.5%

Probability that PPL stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PPL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if PPL was unfortunately bought at previous high price.

Drawdowns

Returns for PPL

Cumulative Returns on PPL

4.2%

10-Year Cumulative Returns

0.1%

7-Year Cumulative Returns

3.9%

5-Year Cumulative Returns

3.7%

3-Year Cumulative Returns

What are the long-term rolling returns for PPL?

FIve years rolling returns for PPL.

Annualized Returns

Which funds bought or sold PPL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
7.57
181,845
916,845
 0.03%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
9.4
12,949,700
62,551,700
 0.07%
2023-03-10
MATHER GROUP, LLC.
added
2.00
49,221
327,221
 0.01%
2023-03-06
Rockefeller Capital Management L.P.
added
14.98
627,000
2,553,000
 0.01%
2023-03-03
TIAA, FSB
reduced
-26.15
-53,037
305,963
 -%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
reduced
-8.42
305
7,305
 -%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
16,072
16,072
 -%
2023-02-28
Voya Investment Management LLC
added
5.44
4,331,440
24,437,400
 0.03%
2023-02-24
SRS Capital Advisors, Inc.
reduced
-2.45
9,699
90,699
 0.01%
2023-02-24
National Pension Service
reduced
-0.29
3,027,120
27,692,000
 0.05%

1–10 of 45

Latest Funds Activity

Are funds buying PPL calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PPL
No. of Funds

PPL Alerts

PPL News

Mettis Link News

PSX Closing Bell: Unwell.

Mettis Link News,
2 hours ago

Stockhead

MoneyTalks: Kogan is significantly undervalued and Pureprofile could triple, says brokers.

Stockhead,
3 hours ago

Defense World

California State Teachers Retirement System Cuts Position in Match ....

Defense World,
8 hours ago

MarketBeat

Accurate Wealth Management LLC Takes Position in PPL Co ....

MarketBeat,
9 hours ago

MarketBeat

Pembina Pipeline Co. (NYSE:PBA) Receives Average ....

MarketBeat,
9 hours ago

Sportskeeda

Who is Jeff Molina? UFC fighter forced to come out after NSFW video leak.

Sportskeeda,
13 hours ago

Loop News Jamaica

Newsmaker… Week: Mixed views on increase in minimum wage ....

Loop News Jamaica,
16 hours ago

MarketBeat

California State Teachers Retirement System Has $29.60 Million ....

MarketBeat,
36 hours ago

Resource World Magazine

A Weekly Recap of All Things Resources to Friday, March 17th ....

Resource World Magazine,
2 days ago

MarketBeat

Pembina Pipeline Co. (NYSE:PBA) Shares Purchased by Gries ....

MarketBeat,
2 days ago

Marketscreener.com

PPL : Rhode Island Energy to Evaluate Sole Proposal in Response to Offshore Wind RFP.

Marketscreener.com,
3 days ago

Nasdaq

PPL (PPL) Stock Sinks As Market Gains: What You Should Know.

Nasdaq,
3 days ago

MarketBeat

Balyasny Asset Management LLC Takes Position in PPL Co. (NYSE ....

MarketBeat,
5 days ago

Business Wire

Cedar LNG Receives B.C. Environmental Approval and Signs ....

Business Wire,
5 days ago

Marketscreener.com

Rhode Island Energy Prepares for Incoming Nor'easter.

Marketscreener.com,
6 days ago

Bloomberg

SVB Collapse Hits San Francisco Affordable Housing Projects.

Bloomberg,
6 days ago

Schedule 13G FIlings of PPL

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
12.50%
92,068,873
SC 13G/A
Feb 07, 2023
state street corp
6.00%
44,203,138
SC 13G/A
Feb 03, 2023
blackrock inc.
8.1%
59,968,558
SC 13G/A
Feb 11, 2022
state street corp
5.44%
40,805,150
SC 13G/A
Feb 09, 2022
vanguard group inc
11.82%
88,748,861
SC 13G/A
Feb 01, 2022
blackrock inc.
8.6%
64,561,072
SC 13G/A
Feb 10, 2021
state street corp
5.26%
40,412,469
SC 13G
Feb 10, 2021
vanguard group inc
11.55%
88,782,805
SC 13G/A
Jan 29, 2021
blackrock inc.
8.7%
66,558,952
SC 13G/A
Oct 13, 2020
vanguard group inc
10.18%
78,273,364
SC 13G/A

PPL Fair Value

PPL fair value in different scenarios

The table shows the Fair Value estimates for PPL for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

13.74

-49.49%

16.30

-40.07%

20.78

-23.60%

27.60

1.47%

35.45

30.33%
Current Inflation

12.92

-52.50%

15.24

-43.97%

19.29

-29.08%

24.54

-9.78%

31.04

14.12%
Very High Inflation

11.87

-56.36%

13.90

-48.90%

17.41

-35.99%

20.92

-23.09%

25.94

-4.63%

Historical PPL Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of PPL

View All Filings
Date Filed Form Type Document
Mar 10, 2023
8-K
Current Report
Mar 08, 2023
8-K
Current Report
Mar 02, 2023
8-K
Current Report
Feb 28, 2023
4/A
Insider Trading
Feb 24, 2023
8-K
Current Report
Feb 22, 2023
4
Insider Trading
Feb 22, 2023
8-K
Current Report
Feb 22, 2023
4
Insider Trading
Feb 22, 2023
4
Insider Trading
Feb 22, 2023
4
Insider Trading

Latest Insider Trading transactions for PPL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-17
Bergstein Joseph P Jr
acquired
725,061
28.81
25,167
evp and cfo
2023-02-17
Crockett John R III
acquired
142,523
28.81
4,947
president of a ppl subsidiary
2023-02-17
Gosman Angela K
sold (taxes)
-25,842
28.81
-897
evp and chro
2023-02-17
Gosman Angela K
acquired
75,827
28.81
2,632
evp and chro
2023-02-17
Henninger Tadd J
sold (taxes)
-48,516
28.81
-1,684
svp-finance and treasurer
2023-02-17
Bonenberger David J
acquired
129,328
28.81
4,489
president of a ppl subsidiary
2023-02-17
Beers Marlene C
sold (taxes)
-43,013
28.81
-1,493
vice president and controller
2023-02-17
Bergstein Joseph P Jr
sold (taxes)
-208,613
28.81
-7,241
evp and cfo
2023-02-17
Henninger Tadd J
acquired
156,409
28.81
5,429
svp-finance and treasurer
2023-02-17
Sorgi Vincent
sold (taxes)
-971,761
28.81
-33,730
president and ceo

1–10 of 50

About PPL

Vincent Sorgi
www.pplweb.com
5610
PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. It serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and adjacent areas in Kentucky; 538,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia. The company also provides electric services to approximately 1.4 million customers in Pennsylvania; and generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

PPL Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Revenues   
Operating Revenues$ 7,902$ 5,783$ 5,474
Operation   
Fuel931710632
Energy purchases1,686752634
Other operation and maintenance2,3981,6081,420
Depreciation1,1811,0821,022
Taxes, other than income332207180
Total Operating Expenses6,5284,3593,888
Operating Income1,3741,4241,586
Other Income (Expense) - net54152
Interest Expense513918634
Income from Continuing Operations Before Income Taxes915521954
Income Taxes201503314
Income from Continuing Operations After Income Taxes71418640
Income (Loss) from Discontinued Operations (net of income taxes)42(1,498)829
Net income (Loss)$ 756$ (1,480)$ 1,469
Earnings per Share of Common Stock [Abstract]   
Income from Continuing Operations After Income Taxes, Per Basic Share$ 0.97$ 0.03$ 0.83
Income (Loss) from Discontinued Operation ( net of income taxes), Per Basic Shares0.06(1.96)1.08
Net Income (Loss) Available to PPL Common , Per Basic shares1.03(1.93)1.91
Income from Continuing Operations After Income Taxes, Per Diluted Share0.960.030.83
Net Income (Loss) Available to PPL Common Shareowners, Per Diluted Shares1.02(1.93)1.91
Income (Loss) from Discontinued Operations (net of income taxes), Per Diluted Shares$ 0.06$ (1.96)$ 1.08
Weighted-Average Shares of Common Stock Outstanding (in thousands)   
Basic736,027762,902768,590
Diluted736,902764,819769,384
PPL Electric Utilities Corp [Member]   
Operating Revenues   
Operating Revenues$ 3,030$ 2,402$ 2,331
Operation   
Energy purchases1,048566491
Other operation and maintenance605557513
Depreciation393424403
Taxes, other than income149120107
Total Operating Expenses2,1951,6671,514
Operating Income835735817
Interest Income from Affiliate552
Other Income (Expense) - net302118
Interest Expense171162173
Income from Continuing Operations Before Income Taxes699599664
Income Taxes174154167
Net income (Loss)[1]525445497
Louisville Gas And Electric Co [Member]   
Operating Revenues   
Retail and wholesale1,7621,5451,435
Electric revenue from affiliates362421
Operating Revenues1,7981,5691,456
Operation   
Fuel346265246
Energy purchases245167125
Energy purchases from affiliate252319
Other operation and maintenance416400373
Depreciation298279259
Taxes, other than income484640
Total Operating Expenses1,3781,1801,062
Operating Income420389394
Other Income (Expense) - net4(5)(1)
Interest Expense898187
Income from Continuing Operations Before Income Taxes335303306
Income Taxes635462
Net income (Loss)[2]272249244
Kentucky Utilities Co [Member]   
Operating Revenues   
Retail and wholesale2,0491,8031,671
Electric revenue from affiliates252319
Operating Revenues2,0741,8261,690
Operation   
Fuel585445386
Energy purchases281918
Energy purchases from affiliate362421
Other operation and maintenance487463429
Depreciation386366346
Taxes, other than income454137
Total Operating Expenses1,5671,3581,237
Operating Income507468453
Other Income (Expense) - net843
Interest Expense117109113
Income from Continuing Operations Before Income Taxes398363343
Income Taxes766763
Net income (Loss)[3]$ 322$ 296$ 280
[1]Net income equals comprehensive income.
[2]Net income equals comprehensive income.
[3]Net income equals comprehensive income.

PPL Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets  
Cash and cash equivalents$ 356$ 3,571
Accounts receivable (less reserve:)  
Customer896583
Other15058
Unbilled revenues552307
Fuel, materials and supplies443322
Prepayments9260
Regulatory assets25864
Other current assets7742
Total Current Assets2,8245,007
Property, Plant and Equipment  
Regulated utility plant36,96130,477
Less: accumulated depreciation - regulated utility plant8,3526,488
Regulated utility plant, net28,60923,989
Non-regulated property, plant and equipment92266
Less: accumulated depreciation - non-regulated property, plant and equipment4641
Non-regulated property, plant and equipment, net46225
Construction work in progress1,5831,256
Property, Plant and Equipment, net30,23825,470
Other Noncurrent Assets  
Regulatory assets1,8191,236
Goodwill2,248716
Other intangibles313343
Other noncurrent assets395451
Total Other Noncurrent Assets4,7752,746
Total Assets37,83733,223
Current Liabilities  
Short-term debt98569
Long-term debt due within one year354474
Accounts payable1,201679
Taxes12496
Interest9781
Dividends166305
Regulatory liabilities238182
Other current liabilities624437
Total Current Liabilities3,7892,323
Long-term Debt [Abstract]  
Long-term Debt12,88910,666
Deferred Credits and Other Noncurrent Liabilities  
Deferred income taxes3,0073,151
Investment tax credits117119
Accrued pension obligations206183
Asset retirement obligations138157
Regulatory liabilities3,4122,422
Other deferred credits and noncurrent liabilities361479
Total Deferred Credits and Other Noncurrent Liabilities7,2416,511
Commitments and Contingent Liabilities
Equity  
Common stock[1]88
Additional paid-in capital12,31712,303
Earnings reinvested2,6812,572
Accumulated other comprehensive loss(124)(157)
Total Shareowners' Common Equity13,91513,723
Noncontrolling interests30
Total Equity13,91813,723
Total Liabilities and Equity$ 37,837$ 33,223
Common stock par value$ 0.01$ 0.01
Treasury Stock$ (967)$ (1,003)
PPL Electric Utilities Corp [Member]  
Current Assets  
Cash and cash equivalents2521
Accounts receivable (less reserve:)  
Customer357305
Other1222
Accounts receivable from affiliates311
Notes Receivable, Related Parties, Current0499
Unbilled revenues224129
Fuel, materials and supplies6961
Prepayments3413
Regulatory assets1322
Other current assets2221
Total Current Assets7591,104
Property, Plant and Equipment  
Regulated utility plant14,79414,082
Less: accumulated depreciation - regulated utility plant3,5443,386
Regulated utility plant, net11,25010,696
Construction work in progress593581
Property, Plant and Equipment, net11,84311,277
Other Noncurrent Assets  
Regulatory assets568488
Other intangibles269270
Assets for Plan Benefits, Defined Benefit Plan050
Other noncurrent assets126113
Total Other Noncurrent Assets963921
Total Assets13,56513,302
Current Liabilities  
Short-term debt1450
Long-term debt due within one year340474
Accounts payable480367
Accounts payable to affiliates1656
Taxes3631
Interest3535
Regulatory liabilities85153
Other current liabilities86108
Total Current Liabilities1,2231,224
Long-term Debt [Abstract]  
Long-term Debt4,1464,010
Deferred Credits and Other Noncurrent Liabilities  
Deferred income taxes1,5141,668
Regulatory liabilities820559
Other deferred credits and noncurrent liabilities111105
Total Deferred Credits and Other Noncurrent Liabilities2,4452,332
Commitments and Contingent Liabilities
Equity  
Common stock[2]364364
Additional paid-in capital4,0844,254
Earnings reinvested1,3031,118
Total Shareowners' Common Equity5,7515,736
Total Liabilities and Equity$ 13,565$ 13,302
Common stock no par value$ 0$ 0
Louisville Gas And Electric Co [Member]  
Current Assets  
Cash and cash equivalents$ 93$ 9
Accounts receivable (less reserve:)  
Customer157130
Other1325
Accounts receivable from affiliates3731
Unbilled revenues11280
Fuel, materials and supplies166137
Prepayments1314
Regulatory assets2333
Other current assets22
Total Current Assets616461
Property, Plant and Equipment  
Regulated utility plant7,4297,192
Less: accumulated depreciation - regulated utility plant1,3551,172
Regulated utility plant, net6,0746,020
Construction work in progress268242
Property, Plant and Equipment, net6,3426,262
Other Noncurrent Assets  
Regulatory assets373337
Goodwill389389
Other intangibles2430
Other noncurrent assets66113
Total Other Noncurrent Assets852869
Total Assets7,8107,592
Current Liabilities  
Short-term debt17969
Long-term debt due within one year00
Notes payable with affiliates0324
Accounts payable165163
Accounts payable to affiliates6031
Taxes4134
Interest1515
Asset Retirement Obligations1310
Price risk management liabilities11
Customer deposits3232
Regulatory liabilities721
Other current liabilities4637
Total Current Liabilities559737
Long-term Debt [Abstract]  
Long-term Debt2,3072,006
Deferred Credits and Other Noncurrent Liabilities  
Deferred income taxes771751
Investment tax credits3132
Price risk management liabilities617
Asset retirement obligations7374
Regulatory liabilities833818
Other deferred credits and noncurrent liabilities6478
Total Deferred Credits and Other Noncurrent Liabilities1,7781,770
Commitments and Contingent Liabilities
Equity  
Common stock[3]424424
Additional paid-in capital2,0871,997
Earnings reinvested655658
Total Shareowners' Common Equity3,1663,079
Total Liabilities and Equity$ 7,810$ 7,592
Common stock no par value$ 0$ 0
Kentucky Utilities Co [Member]  
Current Assets  
Cash and cash equivalents$ 21$ 13
Accounts receivable (less reserve:)  
Customer158144
Other1312
Unbilled revenues11491
Fuel, materials and supplies167124
Prepayments1415
Regulatory assets329
Other current assets12
Total Current Assets520410
Property, Plant and Equipment  
Regulated utility plant9,5159,219
Less: accumulated depreciation - regulated utility plant2,2011,929
Regulated utility plant, net7,3147,290
Construction work in progress522378
Property, Plant and Equipment, net7,8367,668
Other Noncurrent Assets  
Regulatory assets442411
Goodwill607607
Other intangibles2123
Other noncurrent assets116153
Total Other Noncurrent Assets1,1861,194
Total Assets9,5429,272
Current Liabilities  
Short-term debt1010
Long-term debt due within one year130
Notes payable with affiliates0294
Accounts payable123108
Accounts payable to affiliates10164
Taxes2619
Interest1918
Asset Retirement Obligations2622
Customer deposits3332
Regulatory liabilities68
Other current liabilities5147
Total Current Liabilities499612
Long-term Debt [Abstract]  
Long-term Debt2,9072,618
Deferred Credits and Other Noncurrent Liabilities  
Deferred income taxes896865
Investment tax credits8587
Asset retirement obligations5683
Regulatory liabilities1,0291,045
Other deferred credits and noncurrent liabilities3234
Total Deferred Credits and Other Noncurrent Liabilities2,0982,114
Commitments and Contingent Liabilities
Equity  
Common stock[4]308308
Additional paid-in capital3,0412,957
Earnings reinvested689663
Total Shareowners' Common Equity4,0383,928
Total Liabilities and Equity$ 9,542$ 9,272
Common stock no par value$ 0$ 0
[1]1,560,000 shares authorized; 770,013 shares issued and 736,487 shares outstanding at December 31, 2022. 1,560,000 shares authorized; 769,890 shares issued and 735,112 shares outstanding at December 31, 2021.
[2]170,000 shares authorized; 66,368 shares issued and outstanding at December 31, 2022 and December 31, 2021
[3]75,000 shares authorized; 21,294 shares issued and outstanding at December 31, 2022 and December 31, 2021.
[4]80,000 shares authorized; 37,818 shares issued and outstanding at December 31, 2022 and December 31, 2021.