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Other Income (Expense) - net
12 Months Ended
Dec. 31, 2013
Other Income (Expense) - net [Abstract]  
Other Income (Expense) - net
17. Other Income (Expense) - net
                     
(All Registrants)
                     
The breakdown of "Other Income (Expense) - net" for the years ended December 31 was:
                     
    PPL PPL Energy Supply
    2013 2012 2011 2013 2012 2011
Other Income                  
 Earnings on securities in NDT funds $ 23 $ 22 $ 24 $ 23 $ 22 $ 24
 Interest income   3   5   7      1   1
 AFUDC - equity component   10   10   7         
 Net hedge gains associated with the 2011 Bridge Facility (a)         55         
 Earnings (losses) from equity method investments      (8)   1         
 Gain on redemption of debt (b)         22         
 Miscellaneous - Domestic   18   11   10   14   5   6
 Miscellaneous - U.K.      2   1         
 Total Other Income   54   42   127   37   28   31
Other Expense                  
 Economic foreign currency exchange contracts (Note 19)   38   52   (10)         
 Charitable contributions   25   10   9   4   3   3
 WPD Midlands acquisition-related costs (Note 10)         34         
 Foreign currency loss on 2011 Bridge Facility         57         
 U.K. stamp duty tax (Note 10)         21         
 Miscellaneous - Domestic   12   16   9   3   7   5
 Miscellaneous - U.K.   2   3   3         
 Total Other Expense   77   81   123   7   10   8
Other Income (Expense) - net $ (23) $ (39) $ 4 $ 30 $ 18 $ 23

(a)       Represents a gain on foreign currency contracts that hedged the repayment of the 2011 Bridge Facility borrowing.

(b)       In July 2011, as a result of PPL Electric's redemption of 7.125% Senior Secured Bonds due 2013, PPL recorded a gain on the accelerated amortization of the fair value adjustment to the debt recorded in connection with previously settled fair value hedges.

 

For PPL Electric, "Other Income (Expense) – net” for 2013, 2012 and 2011 was primarily the equity component of AFUDC. The components of "Other Income (Expense) - net" for 2013 for LKE, LG&E and KU were not significant. "Other Income (Expense) - net" for 2012 for LKE and KU were primarily losses from an equity method investment. The components of "Other Income (Expense) - net" for 2012 for LG&E were not significant. The components of "Other Income (Expense) - net" for 2011 for LKE, LG&E and KU were not significant.