PPL
Balance Sheet

Last updated: 25 Sep 2025

The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has PPL's balance sheet done over the years? Its assets were worth $39,236,000,000 last year, which is more than in the previous period. 64% of PPL’s total assets is currently financed by debt. Its liabilities reached the amount of $25,303,000,000, which means an increase by 6% compared compared to last year.

Debt to Assets

Quarters Years

PPL Corporation (NYSE:PPL): Debt to assets
2014	48864000000	35.23B	72.11%
2015	39301000000	29.38B	74.76%
2016	38315000000	28.41B	74.16%
2017	41479000000	30.71B	74.06%
2018	43396000000	31.73B	73.14%
2019	45680000000	32.68B	71.56%
2020	48116000000	34.74B	72.21%
2021	33223000000	19.5B	58.69%
2022	37837000000	23.91B	63.22%
2023	39236000000	25.30B	64.49%

PPL Balance Sheet (2014 – 2023)

Quarters Years

	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Assets
Current assets:
Cash and cash equivalents	331M	356M	3.57B	708M	815M	621M	485M	341M	836M	1.75B
Short term investments	0	0	0	94M	147M	109M	49M	63M	139M	120M
Net receivables	1.64B	1.59B	948M	1.37B	1.29B	1.26B	1.32B	1.19B	1.18B	1.25B
Inventory	505M	443M	322M	361M	332M	303M	320M	356M	357M	836M
Other current assets	447M	427M	166M	226M	177M	133M	165M	115M	129M	2.87B
Total current assets	2.93B	2.82B	5.00B	2.76B	2.76B	2.43B	2.29B	2.06B	2.64B	6.15B

Non-current assets:
Property, Plant and Equipment	31.49B	30.23B	25.47B	38.89B	36.48B	34.45B	33.09B	30.07B	30.38B	34.59B
Goodwill	2.24B	2.24B	716M	3.27B	3.19B	3.16B	3.25B	3.06B	3.55B	4.00B
Intangible assets	306M	313M	343M	764M	743M	717M	697M	700M	679M	932M
Long term investments	0	5M	-1.03B	-276M	-314M	2.13B	1.74B	2.02B	1.50B	985M
Other non-current assets	2.25B	2.20B	1.68B	2.41B	2.49B	192M	135M	160M	311M	2.19B
Total non-current assets	36.30B	35.01B	28.21B	45.34B	42.91B	40.96B	39.18B	36.24B	36.65B	42.70B
Total assets	39.23B	37.83B	33.22B	48.11B	45.68B	43.39B	41.47B	38.31B	39.30B	48.86B

Liabilities
Current liabilities:
Accounts payable
Deferred revenue	0	0	0	300M	261M	257M	292M	276M	326M	0
Short term debt	993M	1.33B	543M	3.23B	2.32B	1.96B	1.42B	1.44B	1.40B	1.83B
Total current liabilities	3.34B	3.78B	2.32B	5.97B	4.9B	4.56B	4.02B	3.83B	3.87B	7.44B

Non-current liabilities:
Long term debt	14.61B	12.88B	10.66B	21.55B	20.72B	20.06B	19.84B	17.80B	18.56B	17.19B
Deferred tax	0	0	0	0	0	0	0	0	0	0
Other non-current liabilities	4.13B	4.11B	3.24B	3.52B	3.85B	4.18B	4.25B	2.75B	3.50B	7.24B
Total non-current liabilities	21.96B	20.13B	17.17B	28.76B	27.78B	27.17B	26.69B	24.57B	25.50B	27.79B
Total liabilities	25.30B	23.91B	19.5B	34.74B	32.68B	31.73B	30.71B	28.41B	29.38B	35.23B

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