XML 41 R70.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value Measurements and Credit Concentration (Net Assets and Liabilities Measured on Recurring Basis Level 3 Significant Unobservable Inputs) (Details) (Level 3 [Member], USD $)
In Millions, unless otherwise specified
 9 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Recurring [Member] | Energy Commodities, Net [Member] | Natural Gas Contracts [Member]
    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Fair value of net asset and (liability) $ 9 [1] $ 36 [1]
Recurring [Member] | Energy Commodities, Net [Member] | Natural Gas Contracts [Member] | Discounted Cash Flow [Member] | Maximum [Member]
    
Fair Value Inputs [Abstract]    
Observable wholesale prices used as proxy for retail delivery points 100.00% [2] 100.00% [2]
Recurring [Member] | Energy Commodities, Net [Member] | Natural Gas Contracts [Member] | Discounted Cash Flow [Member] | Minimum [Member]
    
Fair Value Inputs [Abstract]    
Observable wholesale prices used as proxy for retail delivery points 17.00% [2] 10.00% [2]
Recurring [Member] | Energy Commodities, Net [Member] | Natural Gas Contracts [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
    
Fair Value Inputs [Abstract]    
Observable wholesale prices used as proxy for retail delivery points 36.00% [2] 86.00% [2]
Recurring [Member] | Energy Commodities, Net [Member] | Power Sales Contracts [Member]
    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Fair value of net asset and (liability) (31) [3] (12) [3]
Recurring [Member] | Energy Commodities, Net [Member] | Power Sales Contracts [Member] | Discounted Cash Flow [Member] | Maximum [Member]
    
Fair Value Inputs [Abstract]    
Proprietary model used to calculate forward prices 100.00% [2] 100.00% [2]
Recurring [Member] | Energy Commodities, Net [Member] | Power Sales Contracts [Member] | Discounted Cash Flow [Member] | Minimum [Member]
    
Fair Value Inputs [Abstract]    
Proprietary model used to calculate forward prices 17.00% [2] 100.00% [2]
Recurring [Member] | Energy Commodities, Net [Member] | Power Sales Contracts [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
    
Fair Value Inputs [Abstract]    
Proprietary model used to calculate forward prices 68.00% [2] 100.00% [2]
Recurring [Member] | Energy Commodities, Net [Member] | Financial Transmission Rights Purchase Contracts [Member]
    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Fair value of net asset and (liability) 4 [4]  
Recurring [Member] | Energy Commodities, Net [Member] | Financial Transmission Rights Purchase Contracts [Member] | Discounted Cash Flow [Member] | Maximum [Member]
    
Fair Value Inputs [Abstract]    
Historical settled prices used to model forward prices 100.00% [2]  
Recurring [Member] | Energy Commodities, Net [Member] | Financial Transmission Rights Purchase Contracts [Member] | Discounted Cash Flow [Member] | Minimum [Member]
    
Fair Value Inputs [Abstract]    
Historical settled prices used to model forward prices 100.00% [2]  
Recurring [Member] | Energy Commodities, Net [Member] | Financial Transmission Rights Purchase Contracts [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
    
Fair Value Inputs [Abstract]    
Historical settled prices used to model forward prices 100.00% [2]  
Recurring [Member] | Energy Commodities, Net [Member] | Heat Rate Option [Member]
    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Fair value of net asset and (liability) 38 [5]  
Recurring [Member] | Energy Commodities, Net [Member] | Heat Rate Option [Member] | Discounted Cash Flow [Member] | Maximum [Member]
    
Fair Value Inputs [Abstract]    
Proprietary model used to calculate forward prices 52.00% [2]  
Recurring [Member] | Energy Commodities, Net [Member] | Heat Rate Option [Member] | Discounted Cash Flow [Member] | Minimum [Member]
    
Fair Value Inputs [Abstract]    
Proprietary model used to calculate forward prices 24.00% [2]  
Recurring [Member] | Energy Commodities, Net [Member] | Heat Rate Option [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
    
Fair Value Inputs [Abstract]    
Proprietary model used to calculate forward prices 45.00% [2]  
Recurring [Member] | Auction Rate Securities [Member]
    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Fair value of net asset and (liability) 13 [6] 19 [6]
Recurring [Member] | Auction Rate Securities [Member] | Discounted Cash Flow [Member] | Maximum [Member]
    
Fair Value Inputs [Abstract]    
Modeled from SIFMA Index 74.00% [2] 80.00% [2]
Recurring [Member] | Auction Rate Securities [Member] | Discounted Cash Flow [Member] | Minimum [Member]
    
Fair Value Inputs [Abstract]    
Modeled from SIFMA Index 53.00% [2] 10.00% [2]
Recurring [Member] | Auction Rate Securities [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
    
Fair Value Inputs [Abstract]    
Modeled from SIFMA Index 64.00% [2] 63.00% [2]
Nonrecurring [Member] | Kerr Dam Project [Member]
    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Fair value of net asset and (liability) 29  
Nonrecurring [Member] | Kerr Dam Project [Member] | Discounted Cash Flow [Member] | Maximum [Member]
    
Fair Value Inputs [Abstract]    
Proprietary Model Used To Calculate Plant Value 38.00% [7]  
Nonrecurring [Member] | Kerr Dam Project [Member] | Discounted Cash Flow [Member] | Minimum [Member]
    
Fair Value Inputs [Abstract]    
Proprietary Model Used To Calculate Plant Value 38.00% [7]  
Nonrecurring [Member] | Kerr Dam Project [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
    
Fair Value Inputs [Abstract]    
Proprietary Model Used To Calculate Plant Value 38.00% [7]  
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Natural Gas Contracts [Member]
    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Fair value of net asset and (liability) 9 [1] 36 [1]
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Natural Gas Contracts [Member] | Discounted Cash Flow [Member] | Maximum [Member]
    
Fair Value Inputs [Abstract]    
Observable wholesale prices used as proxy for retail delivery points 100.00% [2] 100.00% [2]
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Natural Gas Contracts [Member] | Discounted Cash Flow [Member] | Minimum [Member]
    
Fair Value Inputs [Abstract]    
Observable wholesale prices used as proxy for retail delivery points 17.00% [2] 10.00% [2]
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Natural Gas Contracts [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
    
Fair Value Inputs [Abstract]    
Observable wholesale prices used as proxy for retail delivery points 36.00% [2] 86.00% [2]
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Power Sales Contracts [Member]
    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Fair value of net asset and (liability) (31) [3] (12) [3]
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Power Sales Contracts [Member] | Discounted Cash Flow [Member] | Maximum [Member]
    
Fair Value Inputs [Abstract]    
Proprietary model used to calculate forward prices 100.00% [2] 100.00% [2]
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Power Sales Contracts [Member] | Discounted Cash Flow [Member] | Minimum [Member]
    
Fair Value Inputs [Abstract]    
Proprietary model used to calculate forward prices 17.00% [2] 100.00% [2]
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Power Sales Contracts [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
    
Fair Value Inputs [Abstract]    
Proprietary model used to calculate forward prices 68.00% [2] 100.00% [2]
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Financial Transmission Rights Purchase Contracts [Member]
    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Fair value of net asset and (liability) 4 [4]  
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Financial Transmission Rights Purchase Contracts [Member] | Discounted Cash Flow [Member] | Maximum [Member]
    
Fair Value Inputs [Abstract]    
Historical settled prices used to model forward prices 100.00% [2]  
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Financial Transmission Rights Purchase Contracts [Member] | Discounted Cash Flow [Member] | Minimum [Member]
    
Fair Value Inputs [Abstract]    
Historical settled prices used to model forward prices 100.00% [2]  
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Financial Transmission Rights Purchase Contracts [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
    
Fair Value Inputs [Abstract]    
Historical settled prices used to model forward prices 100.00% [2]  
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Heat Rate Option [Member]
    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Fair value of net asset and (liability) 38 [5]  
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Heat Rate Option [Member] | Discounted Cash Flow [Member] | Maximum [Member]
    
Fair Value Inputs [Abstract]    
Proprietary model used to calculate forward prices 52.00% [2]  
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Heat Rate Option [Member] | Discounted Cash Flow [Member] | Minimum [Member]
    
Fair Value Inputs [Abstract]    
Proprietary model used to calculate forward prices 24.00% [2]  
PPL Energy Supply LLC [Member] | Recurring [Member] | Energy Commodities, Net [Member] | Heat Rate Option [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
    
Fair Value Inputs [Abstract]    
Proprietary model used to calculate forward prices 45.00% [2]  
PPL Energy Supply LLC [Member] | Recurring [Member] | Auction Rate Securities [Member]
    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Fair value of net asset and (liability) 10 [6] 16 [6]
PPL Energy Supply LLC [Member] | Recurring [Member] | Auction Rate Securities [Member] | Discounted Cash Flow [Member] | Maximum [Member]
    
Fair Value Inputs [Abstract]    
Modeled from SIFMA Index 74.00% [2] 80.00% [2]
PPL Energy Supply LLC [Member] | Recurring [Member] | Auction Rate Securities [Member] | Discounted Cash Flow [Member] | Minimum [Member]
    
Fair Value Inputs [Abstract]    
Modeled from SIFMA Index 57.00% [2] 10.00% [2]
PPL Energy Supply LLC [Member] | Recurring [Member] | Auction Rate Securities [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
    
Fair Value Inputs [Abstract]    
Modeled from SIFMA Index 66.00% [2] 63.00% [2]
PPL Energy Supply LLC [Member] | Nonrecurring [Member] | Kerr Dam Project [Member]
    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Fair value of net asset and (liability) $ 29  
PPL Energy Supply LLC [Member] | Nonrecurring [Member] | Kerr Dam Project [Member] | Discounted Cash Flow [Member] | Maximum [Member]
    
Fair Value Inputs [Abstract]    
Proprietary Model Used To Calculate Plant Value 38.00% [7]  
PPL Energy Supply LLC [Member] | Nonrecurring [Member] | Kerr Dam Project [Member] | Discounted Cash Flow [Member] | Minimum [Member]
    
Fair Value Inputs [Abstract]    
Proprietary Model Used To Calculate Plant Value 38.00% [7]  
PPL Energy Supply LLC [Member] | Nonrecurring [Member] | Kerr Dam Project [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
    
Fair Value Inputs [Abstract]    
Proprietary Model Used To Calculate Plant Value 38.00% [7]  
[1]

As the forward price of natural gas increases/(decreases), the fair value of purchase contracts increases/(decreases). As the forward price of natural gas increases/(decreases), the fair value of sales contracts (decreases)/increases.

[2]

For energy commodities and auction rate securities, the range and weighted average represent the percentage of fair value derived from the unobservable inputs.
[3]

As forward market prices increase/(decrease), the fair value of contracts (decreases)/increases. As volumetric assumptions for contracts in a gain position increase/(decrease), the fair value of contracts increases/(decreases). As volumetric assumptions for contracts in a loss position increase/(decrease), the fair value of the contracts (decreases)/increases.
[4]

As the forward implied spread increases/(decreases), the fair value of the contracts increases/(decreases).
[5]

The proprietary model used to calculate fair value incorporates market heat rates, correlations and volatilities. As the market implied heat rate increases/(decreases), the fair value of the contracts increases/(decreases).
[6]

The model used to calculate fair value incorporates an assumption that the auctions will continue to fail. As the modeled forward rates of the SIFMA Index increase/(decrease), the fair value of the securities increases/(decreases).

[7]

The range and weighted average represent the percentage of fair value derived from the unobservable inputs.