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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash Flows from Operating Activities    
Net income (loss) $ 818 $ 816
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 570 535
Amortization 113 88
Defined benefit plans - expense 91 84
Deferred income taxes and investment tax credits 291 364
Unrealized (gains) losses on derivatives, and other hedging activities (11) (209)
Other 50 25
Change in current assets and current liabilities    
Accounts receivable (189) 21
Accounts payable (75) (126)
Unbilled revenues 144 72
Prepayments (64) (97)
Counterparty collateral (61) 57
Taxes 128 29
Unrecognized tax positions (98) (4)
Accrued interest (119) (87)
Other (113) (67)
Other operating activities    
Defined benefit plans - funding (468) (493)
Other assets (64) (16)
Other liabilities 4 (45)
Net cash provided by (used in) operating activities 947 947
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (1,797) (1,309)
Ironwood Acquisition, net of cash acquired    (84)
Purchases of nuclear plant decommissioning trust investments (66) (85)
Proceeds from the sale of nuclear plant decommissioning trust investments 59 79
Net (increase) decrease in restricted cash and cash equivalents (17) 54
Other investing activities (13) (8)
Net cash provided by (used in) investing activities (1,834) (1,353)
Cash Flows from Financing Activities    
Issuance of long-term debt 450 575
Repurchase of common stock (28)   
Issuance of common stock 259 35
Payment of common stock dividends (426) (413)
Redemption of preference stock of a subsidiary    (250)
Debt issuance and credit facility costs (33) (9)
Contract adjustment payments (48) (48)
Net increase (decrease) in short-term debt 563 311
Other financing activities (27) (10)
Net cash provided by (used in) financing activities 710 191
Effect of Exchange Rates on Cash and Cash Equivalents (13) (6)
Net Increase (Decrease) in Cash and Cash Equivalents (190) (221)
Cash and Cash Equivalents at Beginning of Period 901 1,202
Cash and Cash Equivalents at End of Period 711 981
PPL Energy Supply LLC [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 48 328
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 157 133
Amortization 71 57
Defined benefit plans - expense 26 22
Deferred income taxes and investment tax credits 98 165
Unrealized (gains) losses on derivatives, and other hedging activities 91 (216)
Other 24 28
Change in current assets and current liabilities    
Accounts receivable 6 (2)
Accounts payable (81) (57)
Unbilled revenues 96 61
Fuel, materials and supplies 5 (74)
Prepayments (67) (30)
Counterparty collateral (61) 57
Other (22) (68)
Other operating activities    
Defined benefit plans - funding (106) (69)
Other assets (38) (19)
Other liabilities (20) (8)
Net cash provided by (used in) operating activities 227 308
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (241) (316)
Ironwood Acquisition, net of cash acquired    (84)
Expenditures for intangible assets (23) (25)
Purchases of nuclear plant decommissioning trust investments (66) (85)
Proceeds from the sale of nuclear plant decommissioning trust investments 59 79
Net (increase) decrease in notes receivable from affiliates (4) 198
Net (increase) decrease in restricted cash and cash equivalents (24) 57
Other investing activities 17 3
Net cash provided by (used in) investing activities (282) (173)
Cash Flows from Financing Activities    
Retirement of long-term debt (9) (3)
Contributions from member 105 472
Distributions to member (408) (657)
Net increase (decrease) in short-term debt 219 120
Net cash provided by (used in) financing activities (93) (68)
Net Increase (Decrease) in Cash and Cash Equivalents (148) 67
Cash and Cash Equivalents at Beginning of Period 413 379
Cash and Cash Equivalents at End of Period 265 446
PPL Electric Utilities Corp [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 109 [1] 66 [1]
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 87 78
Amortization 10 9
Defined benefit plans - expense 10 11
Deferred income taxes and investment tax credits 81 59
Other 3 5
Change in current assets and current liabilities    
Accounts receivable (56) 19
Accounts payable (45) (37)
Unbilled revenues 36 11
Prepayments (18) (18)
Taxes 18   
Other (38) (23)
Other operating activities    
Defined benefit plans - funding (88) (54)
Other assets    2
Other liabilities 6 (27)
Net cash provided by (used in) operating activities 115 101
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (451) (256)
Other investing activities (4) (1)
Net cash provided by (used in) investing activities (455) (257)
Cash Flows from Financing Activities    
Contributions from parent 205   
Redemption of preference stock of a subsidiary    (250)
Payment of common stock dividends to parent (66) (56)
Net increase (decrease) in short-term debt 85 195
Other financing activities    (8)
Net cash provided by (used in) financing activities 224 (119)
Net Increase (Decrease) in Cash and Cash Equivalents (116) (275)
Cash and Cash Equivalents at Beginning of Period 140 320
Cash and Cash Equivalents at End of Period 24 45
LG And E And KU Energy LLC [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 160 [1] 97 [1]
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 165 172
Amortization 14 14
Defined benefit plans - expense 27 20
Deferred income taxes and investment tax credits 95 56
Other (6) (2)
Change in current assets and current liabilities    
Accounts receivable (62) (11)
Accounts payable 36 17
Unbilled revenues (2) 1
Fuel, materials and supplies 25 1
Taxes    33
Other 2 (6)
Other operating activities    
Defined benefit plans - funding (156) (62)
Other assets (3)   
Other liabilities 2 24
Net cash provided by (used in) operating activities 297 354
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (579) (324)
Net (increase) decrease in notes receivable from affiliates    3
Net (increase) decrease in restricted cash and cash equivalents 10 (2)
Other investing activities 1   
Net cash provided by (used in) investing activities (568) (323)
Cash Flows from Financing Activities    
Contributions from member 146   
Distributions to member (69) (60)
Debt issuance and credit facility costs    (1)
Net increase (decrease) in notes payable to affiliates 47   
Net increase (decrease) in short-term debt 127   
Net cash provided by (used in) financing activities 251 (61)
Net Increase (Decrease) in Cash and Cash Equivalents (20) (30)
Cash and Cash Equivalents at Beginning of Period 43 59
Cash and Cash Equivalents at End of Period 23 29
Louisville Gas And Electric Co [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 73 [2] 51 [2]
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 73 76
Amortization 6 6
Defined benefit plans - expense 9 9
Deferred income taxes and investment tax credits 21 28
Other    (6)
Change in current assets and current liabilities    
Accounts receivable (9) (7)
Accounts payable 13 11
Accounts payable to affiliates (2) (10)
Unbilled revenues 2 6
Fuel, materials and supplies 25 6
Taxes 12 15
Other 6   
Other operating activities    
Defined benefit plans - funding (44) (25)
Other assets (1) (1)
Other liabilities 2 1
Net cash provided by (used in) operating activities 186 160
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (236) (120)
Net (increase) decrease in notes receivable from affiliates    (6)
Net (increase) decrease in restricted cash and cash equivalents 10 (2)
Net cash provided by (used in) investing activities (226) (128)
Cash Flows from Financing Activities    
Contributions from parent 54   
Payment of common stock dividends to parent (48) (31)
Debt issuance and credit facility costs    (1)
Net increase (decrease) in short-term debt 25   
Net cash provided by (used in) financing activities 31 (32)
Net Increase (Decrease) in Cash and Cash Equivalents (9)   
Cash and Cash Equivalents at Beginning of Period 22 25
Cash and Cash Equivalents at End of Period 13 25
Kentucky Utilities Co [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 108 [1] 68 [1]
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 92 96
Amortization 7 7
Defined benefit plans - expense 12 5
Deferred income taxes and investment tax credits 72 53
Other (2)   
Change in current assets and current liabilities    
Accounts receivable (39) (20)
Accounts payable 33 12
Accounts payable to affiliates (7) 1
Unbilled revenues (4) (5)
Fuel, materials and supplies    (3)
Taxes (10) 12
Other 5 (1)
Other operating activities    
Defined benefit plans - funding (61) (18)
Other assets (3)   
Other liabilities (13) 10
Net cash provided by (used in) operating activities 190 217
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (341) (203)
Other investing activities 1   
Net cash provided by (used in) investing activities (340) (203)
Cash Flows from Financing Activities    
Contributions from parent 92   
Payment of common stock dividends to parent (55) (48)
Net increase (decrease) in notes payable to affiliates    6
Net increase (decrease) in short-term debt 102   
Net cash provided by (used in) financing activities 139 (42)
Net Increase (Decrease) in Cash and Cash Equivalents (11) (28)
Cash and Cash Equivalents at Beginning of Period 21 31
Cash and Cash Equivalents at End of Period $ 10 $ 3
[1] Net income approximates comprehensive income.
[2] Net income equals comprehensive income.