Segment and Related Information

3 Months Ended

Mar. 31, 2013

Segment and Related Information [Abstract]

Segment and Related Information

3. Segment and Related Information

(PPL)

See Note 2 in PPL's 2012 Form 10-K for a discussion of reportable segments. "Corporate and Other" primarily represents costs incurred at the corporate level that have not been allocated or assigned to the segments, which is presented to reconcile segment information to PPL's consolidated results. For 2012, there were no significant costs or assets in this category.

Beginning in 2013, PPL anticipates more costs to be included in the Corporate and Other category primarily due to an anticipated increase in financing at PPL Capital Funding not directly attributable to a particular segment. PPL's recent growth in rate-regulated businesses provides the organization an enhanced corporate-level financing alternative, through PPL Capital Funding, that further enables PPL to support targeted credit profiles cost effectively across all of PPL's rated companies. As a result, PPL plans to further utilize PPL Capital Funding in addition to continued direct financing by the operating companies, as appropriate. The financing costs associated primarily with PPL Capital Funding's future securities issuances are not expected to be directly assignable or allocable to any segment and generally will be reflected in Corporate and Other beginning in 2013.

Financial data for the segments for the periods ended March 31 are:

		Three Months
		2013		2012
Income Statement Data
Revenues from external customers
	Kentucky Regulated	$	800	$	705
	U.K. Regulated		648		562
	Pennsylvania Regulated		512		457
	Supply (a)		494		2,388
	Corporate and Other		3
Total		$	2,457	$	4,112
Intersegment electric revenues
	Pennsylvania Regulated	$	1	$	1
	Supply		14		21
Net Income Attributable to PPL Shareowners
	Kentucky Regulated	$	85	$	42
	U.K. Regulated (a)		313		165
	Pennsylvania Regulated		64		33
	Supply (a)		(46)		301
	Corporate and Other		(3)
Total		$	413	$	541

		March 31,		December 31,
		2013		2012
Balance Sheet Data
Assets
	Kentucky Regulated	$	10,870	$	10,670
	U.K. Regulated		13,816		14,073
	Pennsylvania Regulated		6,267		6,023
	Supply		12,041		12,868
	Corporate and Other (b)		347
Total assets		$	43,341	$	43,634

(a)       Includes unrealized gains and losses from economic activity. See Note 14 for additional information.

(b)       Primarily consists of unallocated assets, including cash, PP&E and the elimination of inter-segment transactions.