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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows from Operating Activities    
Net income (loss) $ 545 $ 818
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 617 570
Amortization 112 113
Defined benefit plans - expense 59 91
Deferred income taxes and investment tax credits 133 291
Unrealized (gains) losses on derivatives, and other hedging activities 301 (11)
Adjustment to WPD line loss accrual 65 24
Other 51 26
Change in current assets and current liabilities    
Accounts receivable (73) (189)
Accounts payable (99) (75)
Unbilled revenues 161 144
Fuel, materials and supplies 52 29
Prepayments (35) (64)
Counterparty collateral (15) (61)
Taxes payable 51 128
Uncertain tax positions    (98)
Accrued interest (107) (119)
Other (82) (142)
Other operating activities    
Defined benefit plans - funding (218) (468)
Other assets 1 (64)
Other liabilities 64 4
Net cash provided by (used in) operating activities 1,583 947
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (1,854) (1,797)
Expenditures for intangible assets (48) (40)
Purchases of nuclear plant decommissioning trust investments (73) (66)
Proceeds from the sale of nuclear plant decommissioning trust investments 65 59
Proceeds from receipt of grants 56 4
Net (increase) decrease in restricted cash and cash equivalents (251) (17)
Other investing activities 2 23
Net cash provided by (used in) investing activities (2,103) (1,834)
Cash Flows from Financing Activities    
Issuance of long-term debt 296 450
Retirement of long-term debt (239) (9)
Repurchase of common stock    (28)
Issuance of common stock 1,017 259
Payment of common stock dividends (470) (426)
Contract adjustment payments (21) (48)
Net increase (decrease) in short-term debt 107 563
Other financing activities (19) (51)
Net cash provided by (used in) financing activities 671 710
Effect of Exchange Rates on Cash and Cash Equivalents 16 (13)
Net Increase (Decrease) in Cash and Cash Equivalents 167 (190)
Cash and Cash Equivalents at Beginning of Period 1,102 901
Cash and Cash Equivalents at End of Period 1,269 711
PPL Energy Supply LLC [Member]
   
Cash Flows from Operating Activities    
Net income (loss) (53) 48
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 162 157
Amortization 77 71
Defined benefit plans - expense 32 26
Deferred income taxes and investment tax credits (120) 98
Impairment of assets 18   
Unrealized (gains) losses on derivatives, and other hedging activities 232 91
Other 10 5
Change in current assets and current liabilities    
Accounts receivable 25 6
Accounts payable (55) (62)
Unbilled revenues 67 96
Prepayments (16) (67)
Counterparty collateral (15) (61)
Price risk management assets and liabilities (33) (2)
Other (20) (15)
Other operating activities    
Defined benefit plans - funding (32) (106)
Other assets (1) (38)
Other liabilities 12 (20)
Net cash provided by (used in) operating activities 290 227
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (176) (241)
Expenditures for intangible assets (24) (23)
Purchases of nuclear plant decommissioning trust investments (73) (66)
Proceeds from the sale of nuclear plant decommissioning trust investments 65 59
Proceeds from receipt of grants 56 3
Net (increase) decrease in restricted cash and cash equivalents (258) (24)
Other investing activities 7 10
Net cash provided by (used in) investing activities (403) (282)
Cash Flows from Financing Activities    
Contributions from member 730 105
Distributions to member (914) (408)
Net increase (decrease) in short-term debt 324 219
Other financing activities (2) (9)
Net cash provided by (used in) financing activities 138 (93)
Net Increase (Decrease) in Cash and Cash Equivalents 25 (148)
Cash and Cash Equivalents at Beginning of Period 239 413
Cash and Cash Equivalents at End of Period 264 265
PPL Electric Utilities Corp [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 137 [1] 109 [1]
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 90 87
Amortization 9 10
Defined benefit plans - expense 11 10
Deferred income taxes and investment tax credits 44 81
Other (17) (5)
Change in current assets and current liabilities    
Accounts receivable (80) (56)
Accounts payable (33) (37)
Unbilled revenues 34 36
Prepayments (40) (18)
Taxes payable 8 18
Other 2 (38)
Other operating activities    
Defined benefit plans - funding (19) (88)
Other assets 5   
Other liabilities (3) 6
Net cash provided by (used in) operating activities 148 115
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (436) (451)
Expenditures for intangible assets (22) (13)
Net (increase) decrease in notes receivable from affiliates 150   
Other investing activities 13 9
Net cash provided by (used in) investing activities (295) (455)
Cash Flows from Financing Activities    
Issuance of long-term debt 296   
Retirement of long-term debt (10)   
Contributions from parent 95 205
Payment of common stock dividends to parent (87) (66)
Net increase (decrease) in short-term debt (20) 85
Other financing activities (3)   
Net cash provided by (used in) financing activities 271 224
Net Increase (Decrease) in Cash and Cash Equivalents 124 (116)
Cash and Cash Equivalents at Beginning of Period 25 140
Cash and Cash Equivalents at End of Period 149 24
LG And E And KU Energy LLC [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 180 [1] 160 [1]
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 173 165
Amortization 12 14
Defined benefit plans - expense 12 27
Deferred income taxes and investment tax credits 149 95
Other 1 (6)
Change in current assets and current liabilities    
Accounts receivable (24) (62)
Accounts payable (5) 36
Accounts payable to affiliates (2)   
Unbilled revenues 27 (2)
Fuel, materials and supplies 43 25
Taxes payable (10)   
Other 1 2
Other operating activities    
Defined benefit plans - funding (40) (156)
Other assets (3) (3)
Other liabilities 2 2
Net cash provided by (used in) operating activities 516 297
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (556) (579)
Net (increase) decrease in notes receivable from affiliates 54   
Net (increase) decrease in restricted cash and cash equivalents 1 10
Other investing activities    1
Net cash provided by (used in) investing activities (501) (568)
Cash Flows from Financing Activities    
Contributions from member 119 146
Distributions to member (221) (69)
Net increase (decrease) in notes payable to affiliates    47
Net increase (decrease) in short-term debt 75 127
Net cash provided by (used in) financing activities (27) 251
Net Increase (Decrease) in Cash and Cash Equivalents (12) (20)
Cash and Cash Equivalents at Beginning of Period 35 43
Cash and Cash Equivalents at End of Period 23 23
Louisville Gas And Electric Co [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 87 [2] 73 [2]
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 77 73
Amortization 6 6
Defined benefit plans - expense 5 9
Deferred income taxes and investment tax credits 20 21
Other (4)   
Change in current assets and current liabilities    
Accounts receivable (25) (9)
Accounts payable (5) 13
Accounts payable to affiliates (4) (2)
Unbilled revenues 19 2
Fuel, materials and supplies 44 25
Taxes payable 2 12
Other (4) 6
Other operating activities    
Defined benefit plans - funding (10) (44)
Other assets (2) (1)
Other liabilities (4) 2
Net cash provided by (used in) operating activities 202 186
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (249) (236)
Net (increase) decrease in restricted cash and cash equivalents 1 10
Net cash provided by (used in) investing activities (248) (226)
Cash Flows from Financing Activities    
Contributions from parent 53 54
Payment of common stock dividends to parent (60) (48)
Net increase (decrease) in short-term debt 50 25
Net cash provided by (used in) financing activities 43 31
Net Increase (Decrease) in Cash and Cash Equivalents (3) (9)
Cash and Cash Equivalents at Beginning of Period 8 22
Cash and Cash Equivalents at End of Period 5 13
Kentucky Utilities Co [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 117 [1] 108 [1]
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 95 92
Amortization 4 7
Defined benefit plans - expense 2 12
Deferred income taxes and investment tax credits 89 72
Other 5 (2)
Change in current assets and current liabilities    
Accounts receivable (44) (39)
Accounts payable 10 33
Accounts payable to affiliates 13 (7)
Unbilled revenues 8 (4)
Fuel, materials and supplies (1)   
Taxes payable (19) (10)
Other 16 5
Other operating activities    
Defined benefit plans - funding (3) (61)
Other assets (1) (3)
Other liabilities 6 (13)
Net cash provided by (used in) operating activities 297 190
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (305) (341)
Other investing activities    1
Net cash provided by (used in) investing activities (305) (340)
Cash Flows from Financing Activities    
Contributions from parent 66 92
Payment of common stock dividends to parent (86) (55)
Net increase (decrease) in short-term debt 25 102
Net cash provided by (used in) financing activities 5 139
Net Increase (Decrease) in Cash and Cash Equivalents (3) (11)
Cash and Cash Equivalents at Beginning of Period 21 21
Cash and Cash Equivalents at End of Period $ 18 $ 10
[1] Net income approximates comprehensive income.
[2] Net income equals comprehensive income.