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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 711 $ 901
Restricted cash and cash equivalents 84 54
Accounts receivable (less reserve:)    
Customer 879 745
Other 129 79
Unbilled revenues 701 857
Fuel, materials and supplies 642 673
Prepayments 198 166
Price risk management assets 1,334 1,525
Regulatory assets 34 19
Other current assets 63 49
Total Current Assets 4,775 5,068
Investments    
Nuclear plant decommissioning trust funds 771 712
Other investments 47 47
Total Investments 818 759
Property, Plant and Equipment    
Regulated utility plant 25,620 25,196
Less: accumulated depreciation - regulated utility plant 4,424 4,164
Regulated utility plant, net 21,196 21,032
Non-regulated property, plant and equipment    
Generation 11,594 11,295
Nuclear fuel 590 524
Other 758 726
Less: accumulated depreciation - non-regulated property, plant and equipment 6,063 5,942
Non-regulated property, plant and equipment, net 6,879 6,603
Construction work in progress 2,525 2,397
Property, Plant and Equipment, net 30,600 [1] 30,032 [1]
Assets, Noncurrent [Abstract]    
Regulatory assets 1,443 1,483
Goodwill 3,991 4,158
Other intangibles 907 925
Price risk management assets 599 572
Other noncurrent assets 613 637
Total Other Noncurrent Assets 7,553 7,775
Total Assets 43,746 43,634
Current Liabilities    
Short-term debt 1,206 652
Long-term debt due within one year 751 751
Accounts payable 1,114 1,252
Taxes 144 90
Interest 197 325
Dividends 218 210
Price risk management liabilities 887 1,065
Regulatory liabilities 54 61
Other current liabilities 971 1,219
Total Current Liabilities 5,542 5,625
Long-term Debt 18,875 18,725
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 3,704 3,387
Investment tax credits 350 328
Price risk management liabilities 514 629
Accrued pension obligations 1,551 2,076
Asset retirement obligations 545 536
Regulatory liabilities 1,052 1,010
Other deferred credits and noncurrent liabilities 659 820
Total Deferred Credits and Other Noncurrent Liabilities 8,375 8,786
Commitments and Contingent Liabilities      
Equity    
Common stock 6 [2] 6 [2]
Additional paid-in capital 7,195 6,936
Earnings reinvested 5,863 5,478
Accumulated other comprehensive income (loss) (2,128) (1,940)
Total Stockholders' Equity 10,936 10,480
Noncontrolling Interests 18 18
Total Equity 10,954 10,498
Total Liabilities and Equity 43,746 43,634
PPL Energy Supply LLC [Member]
   
Current Assets    
Cash and cash equivalents 265 413
Restricted cash and cash equivalents 70 46
Accounts receivable (less reserve:)    
Customer 200 183
Other 95 31
Unbilled revenues 273 369
Accounts receivable from affiliates 53 125
Notes receivable from affiliates 4   
Fuel, materials and supplies 322 327
Prepayments 63 15
Price risk management assets 1,146 1,511
Other current assets 22 10
Total Current Assets 2,513 3,030
Investments    
Nuclear plant decommissioning trust funds 771 712
Other investments 41 41
Total Investments 812 753
Non-regulated property, plant and equipment    
Generation 11,604 11,305
Nuclear fuel 590 524
Other 297 294
Less: accumulated depreciation - non-regulated property, plant and equipment 5,921 5,817
Non-regulated property, plant and equipment, net 6,570 6,306
Construction work in progress 704 987
Property, Plant and Equipment, net 7,274 [1] 7,293 [1]
Assets, Noncurrent [Abstract]    
Goodwill 86 86
Other intangibles 259 252
Price risk management assets 508 557
Other noncurrent assets 369 404
Total Other Noncurrent Assets 1,222 1,299
Total Assets 11,821 12,375
Current Liabilities    
Short-term debt 575 356
Long-term debt due within one year 741 751
Accounts payable 374 438
Accounts payable to affiliates    31
Taxes 13 62
Interest 31 31
Price risk management liabilities 879 1,010
Deferred income taxes 72 158
Other current liabilities 249 319
Total Current Liabilities 2,934 3,156
Long-term Debt 2,522 2,521
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,368 1,232
Investment tax credits 211 186
Price risk management liabilities 472 556
Accrued pension obligations 198 293
Asset retirement obligations 374 365
Other deferred credits and noncurrent liabilities 183 218
Total Deferred Credits and Other Noncurrent Liabilities 2,806 2,850
Commitments and Contingent Liabilities      
Equity    
Accumulated other comprehensive income (loss) 14 48
Member's Equity 3,541 3,830
Noncontrolling Interests 18 18
Total Equity 3,559 3,848
Total Liabilities and Equity 11,821 12,375
PPL Electric Utilities Corp [Member]
   
Current Assets    
Cash and cash equivalents 24 140
Accounts receivable (less reserve:)    
Customer 316 249
Other 4 5
Unbilled revenues 74 110
Accounts receivable from affiliates 3 29
Fuel, materials and supplies 39 39
Prepayments 94 76
Deferred income taxes 45 45
Regulatory assets 5   
Other current assets 18 4
Total Current Assets 617 697
Property, Plant and Equipment    
Regulated utility plant 6,627 6,286
Less: accumulated depreciation - regulated utility plant 2,383 2,316
Regulated utility plant, net 4,244 3,970
Non-regulated property, plant and equipment    
Other, net 2 2
Construction work in progress 444 370
Property, Plant and Equipment, net 4,690 4,342
Assets, Noncurrent [Abstract]    
Regulatory assets 862 853
Other intangibles 181 171
Other noncurrent assets 35 55
Total Other Noncurrent Assets 1,078 1,079
Total Assets 6,385 6,118
Current Liabilities    
Short-term debt 85   
Long-term debt due within one year 10   
Accounts payable 242 259
Accounts payable to affiliates 43 63
Taxes 20 12
Interest 26 26
Regulatory liabilities 48 52
Other current liabilities 89 93
Total Current Liabilities 563 505
Long-term Debt 1,957 1,967
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,307 1,233
Investment tax credits 3 3
Accrued pension obligations 154 237
Regulatory liabilities 13 8
Other deferred credits and noncurrent liabilities 78 103
Total Deferred Credits and Other Noncurrent Liabilities 1,555 1,584
Commitments and Contingent Liabilities      
Equity    
Common stock 364 [3] 364 [3]
Additional paid-in capital 1,340 1,135
Earnings reinvested 606 563
Total Stockholders' Equity 2,310 2,062
Total Liabilities and Equity 6,385 6,118
LG And E And KU Energy LLC [Member]
   
Current Assets    
Cash and cash equivalents 23 43
Accounts receivable (less reserve:)    
Customer 202 133
Other 21 20
Unbilled revenues 158 156
Accounts receivable from affiliates    1
Fuel, materials and supplies 251 276
Prepayments 24 28
Price risk management assets from affiliates 72 14
Deferred income taxes 11 13
Regulatory assets 29 19
Other current assets 6 4
Total Current Assets 797 707
Property, Plant and Equipment    
Regulated utility plant 8,232 8,073
Less: accumulated depreciation - regulated utility plant 647 519
Regulated utility plant, net 7,585 7,554
Non-regulated property, plant and equipment    
Other, net 3 3
Construction work in progress 1,113 750
Property, Plant and Equipment, net 8,701 8,307
Assets, Noncurrent [Abstract]    
Regulatory assets 581 630
Goodwill 996 996
Other intangibles 245 271
Other noncurrent assets 98 108
Total Other Noncurrent Assets 1,920 2,005
Total Assets 11,418 11,019
Current Liabilities    
Short-term debt 252 125
Notes payable with affiliates 72 25
Accounts payable 301 283
Accounts payable to affiliates 1 1
Customer deposits 49 48
Taxes 26 26
Interest 21 21
Price risk management liabilities 4 5
Regulatory liabilities 6 9
Other current liabilities 104 100
Total Current Liabilities 836 643
Long-term Debt 4,075 4,075
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 637 541
Investment tax credits 137 138
Price risk management liabilities 39 53
Accrued pension obligations 266 414
Asset retirement obligations 127 125
Regulatory liabilities 1,039 1,002
Other deferred credits and noncurrent liabilities 240 242
Total Deferred Credits and Other Noncurrent Liabilities 2,485 2,515
Commitments and Contingent Liabilities      
Equity    
Member's Equity 4,022 3,786
Total Liabilities and Equity 11,418 11,019
Louisville Gas And Electric Co [Member]
   
Current Assets    
Cash and cash equivalents 13 22
Accounts receivable (less reserve:)    
Customer 84 59
Other 9 16
Unbilled revenues 70 72
Accounts receivable from affiliates 8 14
Fuel, materials and supplies 117 142
Prepayments 7 7
Price risk management assets from affiliates 36 7
Regulatory assets 21 19
Other current assets 1 1
Total Current Assets 366 359
Property, Plant and Equipment    
Regulated utility plant 3,279 3,187
Less: accumulated depreciation - regulated utility plant 282 220
Regulated utility plant, net 2,997 2,967
Non-regulated property, plant and equipment    
Construction work in progress 407 259
Property, Plant and Equipment, net 3,404 3,226
Assets, Noncurrent [Abstract]    
Regulatory assets 369 400
Goodwill 389 389
Other intangibles 132 144
Other noncurrent assets 34 44
Total Other Noncurrent Assets 924 977
Total Assets 4,694 4,562
Current Liabilities    
Short-term debt 80 55
Accounts payable 146 117
Accounts payable to affiliates 21 23
Customer deposits 24 23
Taxes 14 2
Interest 5 5
Price risk management liabilities 4 5
Regulatory liabilities 5 4
Other current liabilities 40 34
Total Current Liabilities 339 268
Long-term Debt 1,112 1,112
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 567 544
Investment tax credits 39 40
Price risk management liabilities 39 53
Accrued pension obligations 57 102
Asset retirement obligations 57 56
Regulatory liabilities 488 471
Other deferred credits and noncurrent liabilities 107 106
Total Deferred Credits and Other Noncurrent Liabilities 1,354 1,372
Commitments and Contingent Liabilities      
Equity    
Common stock 424 [4] 424 [4]
Additional paid-in capital 1,332 1,278
Earnings reinvested 133 108
Total Stockholders' Equity 1,889 1,810
Total Liabilities and Equity 4,694 4,562
Kentucky Utilities Co [Member]
   
Current Assets    
Cash and cash equivalents 10 21
Accounts receivable (less reserve:)    
Customer 118 74
Other 11 13
Unbilled revenues 88 84
Accounts receivable from affiliates 9 7
Fuel, materials and supplies 134 134
Prepayments 7 10
Price risk management assets from affiliates 36 7
Deferred income taxes 2 3
Regulatory assets 8   
Other current assets 5 3
Total Current Assets 428 356
Property, Plant and Equipment    
Regulated utility plant 4,953 4,886
Less: accumulated depreciation - regulated utility plant 365 299
Regulated utility plant, net 4,588 4,587
Non-regulated property, plant and equipment    
Other, net 1 1
Construction work in progress 704 490
Property, Plant and Equipment, net 5,293 5,078
Assets, Noncurrent [Abstract]    
Regulatory assets 212 230
Goodwill 607 607
Other intangibles 113 127
Other noncurrent assets 57 57
Total Other Noncurrent Assets 989 1,021
Total Assets 6,710 6,455
Current Liabilities    
Short-term debt 172 70
Accounts payable 146 147
Accounts payable to affiliates 26 33
Customer deposits 25 25
Taxes 16 26
Interest 10 10
Regulatory liabilities 1 5
Other current liabilities 37 33
Total Current Liabilities 433 349
Long-term Debt 1,842 1,842
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 657 587
Investment tax credits 98 98
Accrued pension obligations 45 104
Asset retirement obligations 70 69
Regulatory liabilities 551 531
Other deferred credits and noncurrent liabilities 86 92
Total Deferred Credits and Other Noncurrent Liabilities 1,507 1,481
Commitments and Contingent Liabilities      
Equity    
Common stock 308 [5] 308 [5]
Additional paid-in capital 2,440 2,348
Earnings reinvested 179 126
Accumulated other comprehensive income (loss) 1 1
Total Stockholders' Equity 2,928 2,783
Total Liabilities and Equity $ 6,710 $ 6,455
[1] At June 30, 2013 and December 31, 2012, includes $416 million and $428 million of PP&E, consisting primarily of "Generation," including leasehold improvements from the consolidation of a VIE that is the owner/lessor of the Lower Mt. Bethel plant.
[2] 780,000 shares authorized; 591,622 and 581,944 shares issued and outstanding at June 30, 2013 and December 31, 2012.
[3] 170,000 shares authorized; 66,368 shares issued and outstanding at June 30, 2013 and December 31, 2012.
[4] 75,000 shares authorized; 21,294 shares issued and outstanding at June 30, 2013 and December 31, 2012.
[5] 80,000 shares authorized; 37,818 shares issued and outstanding at June 30, 2013 and December 31, 2012.