XML 56 R26.htm IDEA: XBRL DOCUMENT v3.5.0.2
Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
 
(PPL and LKE)
 
The after-tax changes in AOCI by component for the periods ended June 30 were as follows.
 
 
Foreign
currency
translation
adjustments
 
Unrealized gains (losses)
 
 
 
Defined benefit plans
 
 
 
 
Available-
for-sale
securities
 
Qualifying
derivatives
 
Equity
investees'
AOCI
 
Prior
service
costs
 
Actuarial
gain
(loss)
 
Total
PPL
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2016
$
(984
)
 
$
—

 
$
(5
)
 
$
—

 
$
(6
)
 
$
(2,164
)
 
$
(3,159
)
Amounts arising during the period
268

 
—

 
(85
)
 
—

 
—

 
2

 
185

Reclassifications from AOCI
—

 
—

 
85

 
(1
)
 
1

 
32

 
117

Net OCI during the period
268

 
—

 
—

 
(1
)
 
1

 
34

 
302

June 30, 2016
$
(716
)
 
$
—

 
$
(5
)
 
$
(1
)
 
$
(5
)
 
$
(2,130
)
 
$
(2,857
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
$
(520
)
 
$
—

 
$
(7
)
 
$
—

 
$
(6
)
 
$
(2,195
)
 
$
(2,728
)
Amounts arising during the period
(196
)
 
—

 
(5
)
 
—

 
—

 
2

 
(199
)
Reclassifications from AOCI
—

 
—

 
7

 
(1
)
 
1

 
63

 
70

Net OCI during the period
(196
)
 
—

 
2

 
(1
)
 
1

 
65

 
(129
)
June 30, 2016
$
(716
)
 
$
—

 
$
(5
)
 
$
(1
)
 
$
(5
)
 
$
(2,130
)
 
$
(2,857
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2015
$
(352
)
 
$
206

 
$
9

 
$
—

 
$
3

 
$
(2,177
)
 
$
(2,311
)
Amounts arising during the period
(83
)
 
2

 
21

 
—

 
(6
)
 
53

 
(13
)
Reclassifications from AOCI
—

 
(1
)
 
27

 
—

 
—

 
38

 
64

Net OCI during the period
(83
)
 
1

 
48

 
—

 
(6
)
 
91

 
51

Distribution of PPL Energy Supply (Note 8)
—

 
(207
)
 
(55
)
 
—

 
—

 
238

 
(24
)
June 30, 2015
$
(435
)
 
$
—

 
$
2

 
$
—

 
$
(3
)
 
$
(1,848
)
 
$
(2,284
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
$
(286
)
 
$
202

 
$
20

 
$
1

 
$
3

 
$
(2,214
)
 
$
(2,274
)
Amounts arising during the period
(149
)
 
7

 
27

 
—

 
(6
)
 
52

 
(69
)
Reclassifications from AOCI
—

 
(2
)
 
10

 
(1
)
 
—

 
76

 
83

Net OCI during the period
(149
)
 
5

 
37

 
(1
)
 
(6
)
 
128

 
14

Distribution of PPL Energy Supply (Note 8)
—

 
(207
)
 
(55
)
 
—

 
—

 
238

 
(24
)
June 30, 2015
$
(435
)
 
$
—

 
$
2

 
$
—

 
$
(3
)
 
$
(1,848
)
 
$
(2,284
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LKE
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2016
 
 
 
 
 
 
$
—

 
$
(10
)
 
$
(35
)
 
$
(45
)
Amounts arising during the period
 
 
 
 
 
 
—

 
—

 
1

 
1

Reclassifications from AOCI
 
 
 
 
 
 
(1
)
 
1

 
1

 
1

Net OCI during the period
 
 
 
 
 
 
(1
)
 
1

 
2

 
2

June 30, 2016
 
 
 
 
 
 
$
(1
)
 
$
(9
)
 
$
(33
)
 
$
(43
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
 
 
 
 
$
—

 
$
(10
)
 
$
(36
)
 
$
(46
)
Amounts arising during the period
 
 
 
 
 
 
—

 
—

 
1

 
1

Reclassifications from AOCI
 
 
 
 
 
 
(1
)
 
1

 
2

 
2

Net OCI during the period
 
 
 
 
 
 
(1
)
 
1

 
3

 
3

June 30, 2016
 
 
 
 
 
 
$
(1
)
 
$
(9
)
 
$
(33
)
 
$
(43
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign
currency
translation
adjustments
 
Unrealized gains (losses)
 
 
 
Defined benefit plans
 
 
 
 
Available-
for-sale
securities
 
Qualifying
derivatives
 
Equity
investees'
AOCI
 
Prior
service
costs
 
Actuarial
gain
(loss)
 
Total
March 31, 2015
 
 
 
 
 
 
$
(1
)
 
$
(8
)
 
$
(36
)
 
$
(45
)
Amounts arising during the period
 
 
 
 
 
 
—

 
—

 
(8
)
 
(8
)
Reclassifications from AOCI
 
 
 
 
 
 
—

 
1

 
—

 
1

Net OCI during the period
 
 
 
 
 
 
—

 
1

 
(8
)
 
(7
)
June 30, 2015
 
 
 
 
 
 
$
(1
)
 
$
(7
)
 
$
(44
)
 
$
(52
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
 
 
 
 
$
—

 
$
(8
)
 
$
(37
)
 
$
(45
)
Amounts arising during the period
 
 
 
 
 
 
—

 
—

 
(8
)
 
(8
)
Reclassifications from AOCI
 
 
 
 
 
 
(1
)
 
1

 
1

 
1

Net OCI during the period
 
 
 
 
 
 
(1
)
 
1

 
(7
)
 
(7
)
June 30, 2015
 
 
 
 
 
 
$
(1
)
 
$
(7
)
 
$
(44
)
 
$
(52
)

 
(PPL)
 
The following table presents the gains (losses) and related income taxes for reclassifications from AOCI for the periods ended June 30. 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
 
Six Months
 
Affected Line Item on the
Details about AOCI
 
2016
 
2015
 
2016
 
2015
 
Statements of Income
Available-for-sale securities
 
$
—

 
$
2

 
$
—

 
$
4

 
Other Income (Expense) - net
Total Pre-tax
 
—

 
2

 
—

 
4

 
 
Income Taxes
 
—

 
(1
)
 
—

 
(2
)
 
 
Total After-tax
 
—

 
1

 
—

 
2

 
 
 
 
 
 
 
 
 
 
 
 
 
Qualifying derivatives
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
(2
)
 
(3
)
 
(3
)
 
(7
)
 
Interest Expense
 
 
—

 
(77
)
 
—

 
(77
)
 
Discontinued operations
Cross-currency swaps
 
(103
)
 
15

 
(6
)
 
32

 
Other Income (Expense) - net
 
 
(1
)
 
1

 
—

 
2

 
Interest Expense
Commodity contracts
 
—

 
13

 
—

 
20

 
Discontinued operations
Total Pre-tax
 
(106
)
 
(51
)
 
(9
)
 
(30
)
 
 
Income Taxes
 
21

 
24

 
2

 
20

 
 
Total After-tax
 
(85
)
 
(27
)
 
(7
)
 
(10
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity investees' AOCI
 
1

 
—

 
1

 
2

 
Other Income (Expense) - net
Total Pre-tax
 
1

 
—

 
1

 
2

 
 
Income Taxes
 
—

 
—

 
—

 
(1
)
 
 
Total After-tax
 
1

 
—

 
1

 
1

 
 
 
 
 
 
 
 
 
 
 
 
 
Defined benefit plans
 
 
 
 
 
 
 
 
 
 
Prior service costs
 
(1
)
 
—

 
(1
)
 
—

 
 
Net actuarial loss
 
(40
)
 
(50
)
 
(80
)
 
(101
)
 
 
Total Pre-tax
 
(41
)
 
(50
)
 
(81
)
 
(101
)
 
 
Income Taxes
 
8

 
12

 
17

 
25

 
 
Total After-tax
 
(33
)
 
(38
)
 
(64
)
 
(76
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications during the period
 
$
(117
)
 
$
(64
)
 
$
(70
)
 
$
(83
)