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New Accounting Guidance Pending Adoption
3 Months Ended
Mar. 31, 2012
New Accounting Guidance Pending Adoption [Abstract]  
New Accounting Guidance Pending Adoption

18. New Accounting Guidance Pending Adoption

 

(PPL, PPL Energy Supply, PPL Electric, LKE, LG&E and KU)

 

Improving Disclosures about Offsetting Balance Sheet Items

 

Effective January 1, 2013, the Registrants will retrospectively adopt accounting guidance issued to enhance disclosures about financial instruments and derivative instruments that either (1) offset on the balance sheet or (2) are subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset on the balance sheet.

 

Upon adoption, the enhanced disclosure requirements are not expected to have a significant impact on the Registrants.