LG&E and KU Lease Cost Breakdown and Financial Analysis for 2023-2025

Posted on February 23, 2026 at 12:57 am (GMT+8)

Segment Reporting: PPL Corp operates multiple segments, with at least two operating segments reported. The largest is PPL Electric Utilities Corp, with LG&E and KU also reporting separately. The company’s segment reporting is consistent with prior years, suggesting no major restructuring or divestitures.

Lease Accounting: The 10-K provides extensive details on lease costs, right-of-use asset acquisitions, cash flows from leasing activities, and lease liabilities across all segments. Lease accounting affects both the balance sheet (via right-of-use assets and lease liabilities) and the cash flow statement, impacting reported earnings and liquidity.

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LG&E and KU Lease Cost Breakdown and Financial Analysis for 2023-2025

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