CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents		$ 836	$ 1,399
Short-term investments		0	120
Accounts receivable (less reserve:)
Customer		673	737
Other		59	71
Unbilled revenues		453	517
Fuel, materials and supplies		357	381
Prepayments		66	75
Price risk management assets		139	79
Regulatory assets	[1]	48	37
Other current assets		63	55
Current assets of discontinued operations		0	2,592
Total Current Assets		2,646	6,026
Property, Plant and Equipment
Regulated utility plant		34,399	30,568
Less: accumulated depreciation - regulated utility plant		5,683	5,361
Non-regulated property, plant and equipment		516	592
Less: accumulated depreciation - non-regulated property, plant and equipment		165	162
Non-regulated property, plant and equipment, net		351	430
Non-regulated property, plant and equipment
Construction work in progress		1,315	2,532
Property, Plant and Equipment, net		30,382	28,169
Other Noncurrent Assets
Regulatory assets		1,733	1,562
Goodwill		3,550	3,667
Other intangibles		679	668
Other noncurrent assets		311	203
Noncurrent assets of discontinued operations		0	8,311
Total Other Noncurrent Assets		6,273	14,411
Total Assets		39,301	48,606
Current Liabilities
Short-term debt		916	836
Long-term debt due within one year		485	1,000
Accounts payable		812	995
Taxes		85	263
Interest		303	298
Dividends		255	249
Regulatory liabilities		145	91
Customer deposits		326	304
Other current liabilities		549	632
Current liabilities of discontinued operations		0	2,771
Total Current Liabilities		3,876	7,439
Long-term Debt		18,563	17,054
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		3,440	3,102
Investment tax credits		128	132
Accrued pension obligations		1,405	1,457
Asset retirement obligations		536	324
Regulatory liabilities		945	992
Other deferred credits and noncurrent liabilities		489	525
Noncurrent liabilities of discontinued operations		0	3,953
Total Deferred Credits and Other Noncurrent Liabilities		$ 6,943	$ 10,485
Commitments and Contingent Liabilities
Equity
Common stock	[2]	$ 7	$ 7
Additional paid-in capital		9,687	9,433
Earnings reinvested		2,953	6,462
Accumulated other comprehensive income (loss)		(2,728)	(2,274)
Total Stockholders' Equity		9,919	13,628
Total Liabilities and Equity		39,301	48,606
PPL Electric Utilities Corp [Member]
Current Assets
Cash and cash equivalents		47	214
Accounts receivable (less reserve:)
Customer		286	312
Other		10	44
Unbilled revenues		91	113
Fuel, materials and supplies		34	43
Prepayments		66	10
Regulatory assets		13	12
Other current assets		8	13
Total Current Assets		555	761
Property, Plant and Equipment
Regulated utility plant		8,734	7,589
Less: accumulated depreciation - regulated utility plant		2,573	2,517
Non-regulated property, plant and equipment
Construction work in progress		530	738
Property, Plant and Equipment, net		6,691	5,810
Other Noncurrent Assets
Regulatory assets		1,006	897
Other intangibles		244	235
Other noncurrent assets		15	3
Total Other Noncurrent Assets		1,265	1,135
Total Assets		8,511	7,706
Current Liabilities
Long-term debt due within one year		0	100
Accounts payable		288	325
Accounts payable to affiliates		35	70
Taxes		24	85
Interest		37	34
Regulatory liabilities		113	76
Customer deposits		31	34
Other current liabilities		77	69
Total Current Liabilities		605	793
Long-term Debt		2,828	2,481
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,663	1,425
Accrued pension obligations		183	212
Regulatory liabilities		22	18
Other deferred credits and noncurrent liabilities		91	60
Total Deferred Credits and Other Noncurrent Liabilities		$ 1,959	$ 1,715
Commitments and Contingent Liabilities
Equity
Common stock	[3]	$ 364	$ 364
Additional paid-in capital		1,934	1,603
Earnings reinvested		821	750
Total Stockholders' Equity		3,119	2,717
Total Liabilities and Equity		8,511	7,706
LG And E And KU Energy LLC [Member]
Current Assets
Cash and cash equivalents		30	21
Accounts receivable (less reserve:)
Customer		209	231
Other		16	18
Unbilled revenues		147	167
Fuel, materials and supplies		298	311
Prepayments		23	28
Income taxes receivable		1	136
Regulatory assets		35	25
Other current assets		6	3
Total Current Assets		765	940
Property, Plant and Equipment
Regulated utility plant		11,906	10,014
Less: accumulated depreciation - regulated utility plant		1,163	1,069
Non-regulated property, plant and equipment
Construction work in progress		660	1,559
Property, Plant and Equipment, net		11,403	10,504
Other Noncurrent Assets
Regulatory assets		727	665
Goodwill		996	996
Other intangibles		123	174
Other noncurrent assets		76	77
Total Other Noncurrent Assets		1,922	1,912
Total Assets		14,090	13,356
Current Liabilities
Short-term debt		265	575
Long-term debt due within one year		25	900
Notes payable with affiliates		54	41
Accounts payable		266	399
Accounts payable to affiliates		5	2
Taxes		46	36
Interest		32	23
Price risk management liabilities		5	5
Price risk management liabilities to affiliates		0	66
Regulatory liabilities		32	15
Customer deposits		52	52
Other current liabilities		185	131
Total Current Liabilities		967	2,245
Long-term debt		4,663	3,643
Long-term debt to affiliate		400	0
Long-term Debt		5,063	3,643
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,463	1,225
Investment tax credits		128	131
Price risk management liabilities		42	43
Accrued pension obligations		296	305
Asset retirement obligations		485	274
Regulatory liabilities		923	974
Other deferred credits and noncurrent liabilities		206	268
Total Deferred Credits and Other Noncurrent Liabilities		$ 3,543	$ 3,220
Commitments and Contingent Liabilities
Equity
Member's Equity		$ 4,517	$ 4,248
Total Liabilities and Equity		14,090	13,356
Louisville Gas And Electric Co [Member]
Current Assets
Cash and cash equivalents		19	10
Accounts receivable (less reserve:)
Customer		92	107
Other		7	11
Accounts receivable from affiliates		12	23
Unbilled revenues		67	76
Fuel, materials and supplies		151	162
Prepayments		5	8
Income taxes receivable		4	74
Regulatory assets		16	21
Other current assets		2	1
Total Current Assets		375	493
Property, Plant and Equipment
Regulated utility plant		4,804	4,031
Less: accumulated depreciation - regulated utility plant		404	456
Non-regulated property, plant and equipment
Construction work in progress		390	676
Property, Plant and Equipment, net		4,790	4,251
Other Noncurrent Assets
Regulatory assets		424	397
Goodwill		389	389
Other intangibles		73	97
Other noncurrent assets		17	27
Total Other Noncurrent Assets		903	910
Total Assets		6,068	5,654
Current Liabilities
Short-term debt		142	264
Long-term debt due within one year		25	250
Accounts payable		157	240
Accounts payable to affiliates		25	20
Taxes		20	19
Interest		11	6
Price risk management liabilities		5	5
Price risk management liabilities to affiliates		0	33
Regulatory liabilities		13	10
Customer deposits		26	25
Other current liabilities		64	42
Total Current Liabilities		488	914
Long-term Debt		1,617	1,095
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		829	700
Investment tax credits		35	36
Price risk management liabilities		42	43
Accrued pension obligations		56	57
Asset retirement obligations		149	66
Regulatory liabilities		431	458
Other deferred credits and noncurrent liabilities		91	111
Total Deferred Credits and Other Noncurrent Liabilities		$ 1,633	$ 1,471
Commitments and Contingent Liabilities
Equity
Common stock	[4]	$ 424	$ 424
Additional paid-in capital		1,611	1,521
Earnings reinvested		295	229
Total Stockholders' Equity		2,330	2,174
Total Liabilities and Equity		6,068	5,654
Kentucky Utilities Co [Member]
Current Assets
Cash and cash equivalents		11	11
Accounts receivable (less reserve:)
Customer		117	124
Affiliate		1	0
Other		8	6
Unbilled revenues		80	91
Fuel, materials and supplies		147	149
Prepayments		8	10
Income taxes receivable		1	60
Regulatory assets		19	4
Other current assets		4	2
Total Current Assets		396	457
Property, Plant and Equipment
Regulated utility plant		7,099	5,977
Less: accumulated depreciation - regulated utility plant		759	611
Non-regulated property, plant and equipment
Construction work in progress		267	880
Property, Plant and Equipment, net		6,607	6,246
Other Noncurrent Assets
Regulatory assets		303	268
Goodwill		607	607
Other intangibles		50	77
Other noncurrent assets		48	46
Total Other Noncurrent Assets		1,008	998
Total Assets		8,011	7,701
Current Liabilities
Short-term debt		48	236
Long-term debt due within one year		0	250
Accounts payable		88	141
Accounts payable to affiliates		39	47
Taxes		20	14
Interest		16	11
Price risk management liabilities to affiliates		0	33
Regulatory liabilities		19	5
Customer deposits		26	27
Other current liabilities		69	41
Total Current Liabilities		325	805
Long-term Debt		2,326	1,829
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,046	882
Investment tax credits		93	95
Accrued pension obligations		46	59
Asset retirement obligations		336	208
Regulatory liabilities		492	516
Other deferred credits and noncurrent liabilities		60	101
Total Deferred Credits and Other Noncurrent Liabilities		$ 2,073	$ 1,861
Commitments and Contingent Liabilities
Equity
Common stock	[5]	$ 308	$ 308
Additional paid-in capital		2,596	2,596
Earnings reinvested		383	302
Total Stockholders' Equity		3,287	3,206
Total Liabilities and Equity		$ 8,011	$ 7,701

[1] For PPL, these amounts are included in "Other current assets" on the Balance Sheets.

[2] 780,000 shares authorized; 673,857 and 665,849 shares issued and outstanding at December 31, 2015 and 2014 .

[3] 170,000 shares authorized; 66,368 shares issued and outstanding at December 31, 2015 and 2014 .

[4] 75 , 000 shares authorized; 21 , 294 shares issued and outstanding at December 31, 2015 and December 31, 2014 .

[5] 80 , 000 shares authorized; 37 , 818 shares issued and outstanding at December 31, 2015 and December 31, 2014 .