Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2016

Accumulated Other Comprehensive Income Loss [Line Items]

Accumulated Other Comprehensive Income (Loss)

17. Accumulated Other Comprehensive Income (Loss)

(PPL)

The after-tax changes in AOCI by component for the three month periods ended March 31 were as follows.

	Foreign		Unrealized gains (losses)						Defined benefit plans
	currency		Available-				Equity		Prior		Actuarial
	translation		for-sale		Qualifying		investees'		service		gain
	adjustments		securities		derivatives		AOCI		costs		(loss)		Total
December 31, 2015	$	(520)			$	(7)			$	(6)	$	(2,195)	$	(2,728)
Amounts arising during the period		(464)				80								(384)
Reclassifications from AOCI						(78)						31		(47)
Net OCI during the period		(464)				2						31		(431)
March 31, 2016	$	(984)			$	(5)			$	(6)	$	(2,164)	$	(3,159)
December 31, 2014	$	(286)	$	201	$	20	$	1	$	3	$	(2,213)	$	(2,274)
Amounts arising during the period		(66)		5		6						(1)		(56)
Reclassifications from AOCI				(1)		(17)		(1)				38		19
Net OCI during the period		(66)		4		(11)		(1)				37		(37)
March 31, 2015	$	(352)	$	205	$	9	$		$	3	$	(2,176)	$	(2,311)

The following table presents the gains (losses) and related income taxes for reclassifications from AOCI for the three month periods ended March 31. The defined benefit plan components of AOCI are not reflected in their entirety in the Statement of Income during the periods; rather, they are included in the computation of net periodic defined benefit costs (credits) and subject to capitalization. See Note 9 for additional information.

		Three Months				Affected Line Item on the
Details about AOCI		2016		2015		Statements of Income
Available-for-sale securities				$	2	Other Income (Expense) - net
Total Pre-tax					2
Income Taxes					(1)
Total After-tax					1
Qualifying derivatives
	Interest rate swaps	$	(1)		(4)	Interest Expense
	Cross-currency swaps		97		17	Other Income (Expense) - net
			1		1	Interest Expense
	Commodity contracts				7	Discontinued operations
Total Pre-tax			97		21
Income Taxes			(19)		(4)
Total After-tax			78		17
Equity investees' AOCI					2	Other Income (Expense) - net
Total Pre-tax					2
Income Taxes					(1)
Total After-tax					1
Defined benefit plans
	Net actuarial loss		(40)		(51)
Total Pre-tax			(40)		(51)
Income Taxes			9		13
Total After-tax			(31)		(38)
Total reclassifications during the period		$	47	$	(19)