XML 124 R86.htm IDEA: XBRL DOCUMENT v3.3.1.900
Fair Value Measurements (Assets and Liabilities Measured on Recurring Basis Table) (Details) - Recurring [Member] - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents $ 836 $ 1,399
Short-term investments 0 120
Restricted cash and cash equivalents [1] 33 31
Price risk management assets:    
Foreign currency contracts assets [2] 209 130
Cross-currency swaps assets [2] 86 29
Total price risk management assets [2] 295 159
Auction rate securities [3] 2 2
Total assets 1,166 1,711
Price risk management liabilities:    
Interest rate swaps liabilities [2] 71 156
Foreign currency contracts liabilities [2] 1 2
Cross-currency swaps liabilities [2] 0 3
Total price risk management liabilities [2] 72 161
Level 1 [Member]    
Assets    
Cash and cash equivalents 836 1,399
Short-term investments 0 120
Restricted cash and cash equivalents [1] 33 31
Price risk management assets:    
Foreign currency contracts assets 0 0
Cross-currency swaps assets 0 0
Total price risk management assets 0 0
Auction rate securities 0 0
Total assets 869 1,550
Price risk management liabilities:    
Interest rate swaps liabilities 0 0
Foreign currency contracts liabilities 0 0
Cross-currency swaps liabilities 0 0
Total price risk management liabilities 0 0
Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Short-term investments 0 0
Restricted cash and cash equivalents 0 0
Price risk management assets:    
Foreign currency contracts assets [2] 209 130
Cross-currency swaps assets [2] 86 28
Total price risk management assets [2] 295 158
Auction rate securities 0 0
Total assets 295 158
Price risk management liabilities:    
Interest rate swaps liabilities [2] 71 156
Foreign currency contracts liabilities [2] 1 2
Cross-currency swaps liabilities 0 3 [2]
Total price risk management liabilities [2] 72 161
Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Short-term investments 0 0
Restricted cash and cash equivalents 0 0
Price risk management assets:    
Foreign currency contracts assets 0 0
Cross-currency swaps assets 0 1 [2]
Total price risk management assets 0 1 [2]
Auction rate securities [3] 2 2
Total assets 2 3
Price risk management liabilities:    
Interest rate swaps liabilities 0 0
Foreign currency contracts liabilities 0 0
Cross-currency swaps liabilities 0 0
Total price risk management liabilities 0 0
PPL Electric Utilities Corp [Member]    
Assets    
Cash and cash equivalents 47 214
Restricted cash and cash equivalents [1] 2 3
Price risk management assets:    
Total assets 49 217
PPL Electric Utilities Corp [Member] | Level 1 [Member]    
Assets    
Cash and cash equivalents 47 214
Restricted cash and cash equivalents [1] 2 3
Price risk management assets:    
Total assets 49 217
PPL Electric Utilities Corp [Member] | Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 0 0
Price risk management assets:    
Total assets 0 0
PPL Electric Utilities Corp [Member] | Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 0 0
Price risk management assets:    
Total assets 0 0
LG And E And KU Energy LLC [Member]    
Assets    
Cash and cash equivalents 30 21
Price risk management assets:    
Cash collateral posted to counterparties [4] 9 21
Total assets 39 42
Price risk management liabilities:    
Interest rate swaps liabilities 47 114
Total price risk management liabilities 47 114
LG And E And KU Energy LLC [Member] | Level 1 [Member]    
Assets    
Cash and cash equivalents 30 21
Price risk management assets:    
Cash collateral posted to counterparties [4] 9 21
Total assets 39 42
Price risk management liabilities:    
Interest rate swaps liabilities 0 0
Total price risk management liabilities 0 0
LG And E And KU Energy LLC [Member] | Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Cash collateral posted to counterparties 0 0
Total assets 0 0
Price risk management liabilities:    
Interest rate swaps liabilities 47 114
Total price risk management liabilities 47 114
LG And E And KU Energy LLC [Member] | Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Cash collateral posted to counterparties 0 0
Total assets 0 0
Price risk management liabilities:    
Interest rate swaps liabilities 0 0
Total price risk management liabilities 0 0
Louisville Gas And Electric Co [Member]    
Assets    
Cash and cash equivalents 19 10
Price risk management assets:    
Cash collateral posted to counterparties [4] 9 21
Total assets 28 31
Price risk management liabilities:    
Interest rate swaps liabilities 47 81
Total price risk management liabilities 47 81
Louisville Gas And Electric Co [Member] | Level 1 [Member]    
Assets    
Cash and cash equivalents 19 10
Price risk management assets:    
Cash collateral posted to counterparties [4] 9 21
Total assets 28 31
Price risk management liabilities:    
Interest rate swaps liabilities 0 0
Total price risk management liabilities 0 0
Louisville Gas And Electric Co [Member] | Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Cash collateral posted to counterparties 0 0
Total assets 0 0
Price risk management liabilities:    
Interest rate swaps liabilities 47 81
Total price risk management liabilities 47 81
Louisville Gas And Electric Co [Member] | Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Cash collateral posted to counterparties 0 0
Total assets 0 0
Price risk management liabilities:    
Interest rate swaps liabilities 0 0
Total price risk management liabilities 0 0
Kentucky Utilities Co [Member]    
Assets    
Cash and cash equivalents 11 11
Price risk management assets:    
Total assets 11 11
Price risk management liabilities:    
Interest rate swaps liabilities 0 33
Total price risk management liabilities 0 33
Kentucky Utilities Co [Member] | Level 1 [Member]    
Assets    
Cash and cash equivalents 11 11
Price risk management assets:    
Total assets 11 11
Price risk management liabilities:    
Interest rate swaps liabilities 0 0
Total price risk management liabilities 0 0
Kentucky Utilities Co [Member] | Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Total assets 0 0
Price risk management liabilities:    
Interest rate swaps liabilities 0 33
Total price risk management liabilities 0 33
Kentucky Utilities Co [Member] | Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Total assets 0 0
Price risk management liabilities:    
Interest rate swaps liabilities 0 0
Total price risk management liabilities $ 0 $ 0
[1] Current portion is included in "Other current assets" and long-term portion is included in "Other noncurrent assets" on the Balance Sheets.
[2] Included in "Price risk management assets ", "Other current liabilities", "Other noncurrent assets" and "Other deferred credits and noncurrent liabilities" on the Balance Sheets.
[3] I ncluded in "Other current assets" on the Balance Sheets.
[4] Included in "Other non current assets" on the Balance Sheets. Represents cash collateral posted to offset the exposure with counterparties related to certain interest rate swaps under master netting arrangements that are not offset.