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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended 2 Months Ended 12 Months Ended 10 Months Ended 12 Months Ended 2 Months Ended 12 Months Ended 10 Months Ended 12 Months Ended 2 Months Ended 12 Months Ended 10 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2011
PPL Energy Supply [Member]
Dec. 31, 2010
PPL Energy Supply [Member]
Dec. 31, 2009
PPL Energy Supply [Member]
Dec. 31, 2011
PPL Electric [Member]
Dec. 31, 2010
PPL Electric [Member]
Dec. 31, 2009
PPL Electric [Member]
Dec. 31, 2010
LKE [Member]
Successor [Member]
Dec. 31, 2011
LKE [Member]
Successor [Member]
Oct. 31, 2010
LKE [Member]
Predecessor [Member]
Dec. 31, 2009
LKE [Member]
Predecessor [Member]
Dec. 31, 2010
LGE [Member]
Successor [Member]
Dec. 31, 2011
LGE [Member]
Successor [Member]
Oct. 31, 2010
LGE [Member]
Predecessor [Member]
Dec. 31, 2009
LGE [Member]
Predecessor [Member]
Dec. 31, 2010
KU [Member]
Successor [Member]
Dec. 31, 2011
KU [Member]
Successor [Member]
Oct. 31, 2010
KU [Member]
Predecessor [Member]
Dec. 31, 2009
KU [Member]
Predecessor [Member]
Operating Revenues                                          
Utility $ 6,292 $ 3,668 $ 3,902                                    
Retail electric             1,881 2,448 3,218         233 1,281 978 1,171 261 1,512 1,235 1,334
Unregulated retail electric and gas 726 415 152 727 415 152                              
Wholesale energy marketing                                          
Realized 3,807 4,832 3,184 3,807 4,832 3,184                              
Unrealized economic activity 1,407 (805) (229) 1,407 (805) (229)                              
Wholesale energy marketing to affiliates       26 320 1,806                              
Electric revenue from affiliates             11 7 74         21 83 79 101 2 36 13 21
Net energy trading margins (2) 2 17 (2) 2 17                              
Energy-related businesses 507 409 423 464 364 379                              
Total Operating Revenues 12,737 8,521 7,449 6,429 5,128 5,309 1,892 2,455 3,292 494 2,793 2,214 2,501 254 1,364 1,057 1,272 263 1,548 1,248 1,355
Operation                                          
Fuel 1,946 1,235 920 1,080 1,096 920       138 866 723 762 60 350 306 328 78 516 417 434
Energy purchases - realized 2,130 2,773 2,625 1,160 1,636 2,512 738 1,075 114 68 238 211 379 61 209 142 281 7 29 68 98
Energy purchases - unrealized economic activity 1,123 (286) 155 1,123 (286) 155                              
Energy purchases from affiliates       3 3 70 26 320 1,806         2 36 13 21 21 83 79 101
Other operation and maintenance 2,667 1,756 1,418 929 979 921 530 502 417 141 751 586 647 67 363 281 323 65 362 271 306
Amortization of recoverable transition costs 0 0 304       0 0 304                        
Depreciation 960 556 455 244 236 196 146 136 128 49 334 235 271 23 147 115 136 26 186 119 133
Taxes, other than income 326 238 280 71 46 29 104 138 194 2 37 21 31 1 18 12 16 1 19 9 14
Energy-related businesses 484 383 396 458 357 371                              
Total Operating Expenses 9,636 6,655 6,553 5,068 4,067 5,174 1,544 2,171 2,963 398 2,226 1,776 2,090 214 1,123 869 1,105 198 1,195 963 1,086
Loss on impairment of goodwill                   0 0 0 1,493                
Operating Income (Loss) 3,101 1,866 896 1,361 1,061 135 348 284 329 96 567 438 (1,082) 40 241 188 167 65 353 285 269
Other Income (Expense) - net 4 (31) 47 23 22 44 5 5 6 (2) (1) 14 23 (3) (2) 17 19 0 (1) 1 6
Other-Than-Temporary Impairments 6 3 18 6 3 18                              
Interest Income from Affiliates       8 9 2 2 2 4                        
Interest Expense 898 593 387 174 208 176 98 99 116 20 146 21 21 7 44 16 17 8 70 6 6
Interest Expense with Affiliates             0 0 2 4 1 131 155 1 0 22 27 2 0 62 69
Income from Continuing Operations Before Income Taxes 2,201 1,239 538 1,212 881 (13) 257 192 221 70 419 300 (1,235) 29 195 167 142 55 282 218 200
Income Taxes 691 263 105 445 261 3 68 57 79 25 153 109 82 10 71 58 47 20 104 78 67
Income from Continuing Operations After Income Taxes 1,510 976 433 767 620 (16)       45 266 191 (1,317)                
Income (Loss) from Discontinued Operations (net of income taxes) 2 (17) (7) 2 242 263       2 (1) (1) (220)                
Net Income 1,512 959 426 769 862 247 189 135 142 47 265 190 (1,537) 19 124 109 95 35 178 140 133
Net Income Attributable to Noncontrolling Interests 17 21 19 1 1 1       0 0 0 5                
Net Income Attributable to Company 1,495 938 407 768 861 246       47 265 190 (1,542)                
Distribution on Preferred Securities             16 20 18                        
Net Income Available to PPL Corporation             173 115 124                        
Amounts Attributable to Company:                                          
Income from Continuing Operations After Income Taxes 1,493 955 414 766 619 (17)                              
Income (Loss) from Discontinued Operations (net of income taxes) 2 (17) (7) 2 242 263                              
Net Income $ 1,495 $ 938 $ 407 $ 768 $ 861 $ 246       $ 47 $ 265 $ 190 $ (1,542)                
Income from Continuing Operations After Income Taxes Available to PPL Corporation Common Shareowners:                                          
Basic (in dollars per share) $ 2.70 $ 2.21 $ 1.10                                    
Diluted (in dollars per share) $ 2.70 $ 2.20 $ 1.10                                    
Net Income Available to PPL Corporation Common Shareowners:                                          
Basic (in dollars per share) $ 2.71 $ 2.17 $ 1.08                                    
Diluted (in dollars per share) $ 2.70 $ 2.17 $ 1.08                                    
Dividends Declared Per Share of Common Stock $ 1.40 $ 1.40 $ 1.38                                    
Weighted-Average Shares of Common Stock Outstanding (in thousands)                                          
Basic 550,395 431,345 376,082                                    
Diluted 550,952 431,569 376,406