Goodwill and Other Intangible Assets (Tables) - PPL Energy Supply LLC [Member]

12 Months Ended

Dec. 31, 2014

Other Intangible Assets

Other Intangible Assets

The gross carrying amount and the accumulated amortization of other intangible assets were:

	December 31, 2014				December 31, 2013
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Subject to amortization:
Land and transmission rights	$	17	$	14	$	17	$	14
Emission allowances/RECs (a)		10				11
Licenses and other (b)		270		19		295		39
Total subject to amortization	$	297	$	33	$	323	$	53

(a) Emission allowances/RECs are expensed when consumed or sold; therefore, there is no accumulated amortization.

(b) “Other” includes costs for the development of licenses, the most significant of which is the COLA. Amortization of these costs begins when the related asset is placed in service. See Note 4 for additional information on the COLA.

Amortization Expense, Excluding Consumption of Emission Allowances / Renewable Energy Credits

Amortization expense for the years ended December 31, excluding consumption of emission allowances/RECs of $24 million, $23 million, and $12 million in 2014, 2013, and 2012 was as follows:

	2014		2013		2012
Amortization expense	$	4	$	5	$	9