CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions		Jun. 30, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents		$ 492	$ 836
Accounts receivable (less reserve:)
Customer		667	673
Other		44	59
Unbilled revenues		447	453
Fuel, materials and supplies		336	357
Prepayments		131	66
Price risk management assets		200	139
Regulatory assets	[1]	34	48
Other current assets		43	63
Total Current Assets		2,360	2,646
Property, Plant and Equipment
Regulated utility plant		35,226	34,399
Less: accumulated depreciation - regulated utility plant		5,966	5,683
Regulated utility plant, net		29,260	28,716
Non-regulated property, plant and equipment		491	516
Less: accumulated depreciation - non-regulated property, plant and equipment		157	165
Non-regulated property, plant and equipment, net		334	351
Construction work in progress		1,200	1,315
Property, Plant and Equipment, net		30,794	30,382
Other Noncurrent Assets
Regulatory assets		1,762	1,733
Goodwill		3,455	3,550
Other intangibles		708	679
Price risk management assets		285	156
Other noncurrent assets		164	155
Total Other Noncurrent Assets		6,374	6,273
Total Assets		39,528	39,301
Current Liabilities
Short-term debt		856	916
Long-term debt due within one year		219	485
Accounts payable		726	812
Taxes		106	85
Interest		211	303
Dividends		258	255
Customer deposits		326	326
Regulatory liabilities		99	145
Other current liabilities		607	549
Total Current Liabilities		3,408	3,876
Long-term Debt
Long-term Debt		18,949	18,563
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		3,749	3,440
Investment tax credits		134	128
Accrued pension obligations		1,074	1,405
Asset retirement obligations		513	536
Regulatory liabilities		935	945
Other deferred credits and noncurrent liabilities		441	489
Total Deferred Credits and Other Noncurrent Liabilities		6,846	6,943
Commitments and Contingent Liabilities
Equity
Common stock	[2]	7	7
Additional paid-in capital		9,766	9,687
Earnings reinvested		3,409	2,953
Accumulated other comprehensive loss		(2,857)	(2,728)
Total Equity		10,325	9,919
Total Liabilities and Equity		39,528	39,301
PPL Electric Utilities Corp [Member]
Current Assets
Cash and cash equivalents		35	47
Accounts receivable (less reserve:)
Customer		286	286
Other		13	10
Accounts receivable from affiliates		3	0
Unbilled revenues		88	91
Fuel, materials and supplies		30	34
Prepayments		63	66
Regulatory assets	[1]	12	13
Other current assets		18	21
Total Current Assets		536	555
Property, Plant and Equipment
Regulated utility plant		9,110	8,734
Less: accumulated depreciation - regulated utility plant		2,656	2,573
Regulated utility plant, net		6,454	6,161
Construction work in progress		577	530
Property, Plant and Equipment, net		7,031	6,691
Other Noncurrent Assets
Regulatory assets		995	1,006
Other intangibles		246	244
Other noncurrent assets		17	15
Total Other Noncurrent Assets		1,258	1,265
Total Assets		8,825	8,511
Current Liabilities
Short-term debt		6	0
Accounts payable		295	288
Accounts payable to affiliates		35	35
Taxes		8	24
Interest		34	37
Customer deposits		22	31
Regulatory liabilities		74	113
Other current liabilities		77	77
Total Current Liabilities		551	605
Long-term Debt
Long-term Debt		2,830	2,828
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,776	1,663
Accrued pension obligations		184	183
Regulatory liabilities		19	22
Other deferred credits and noncurrent liabilities		89	91
Total Deferred Credits and Other Noncurrent Liabilities		2,068	1,959
Commitments and Contingent Liabilities
Equity
Common stock	[3]	364	364
Additional paid-in capital		2,134	1,934
Earnings reinvested		878	821
Total Equity		3,376	3,119
Total Liabilities and Equity		8,825	8,511
LG And E And KU Energy LLC [Member]
Current Assets
Cash and cash equivalents		16	30
Accounts receivable (less reserve:)
Customer		201	209
Other		15	17
Unbilled revenues		161	147
Fuel, materials and supplies		279	298
Prepayments		30	23
Regulatory assets		22	35
Other current assets		1	6
Total Current Assets		725	765
Property, Plant and Equipment
Regulated utility plant		12,414	11,906
Less: accumulated depreciation - regulated utility plant		1,301	1,163
Regulated utility plant, net		11,113	10,743
Construction work in progress		428	660
Property, Plant and Equipment, net		11,541	11,403
Other Noncurrent Assets
Regulatory assets		767	727
Goodwill		996	996
Other intangibles		110	123
Other noncurrent assets		81	76
Total Other Noncurrent Assets		1,954	1,922
Total Assets		14,220	14,090
Current Liabilities
Short-term debt		139	265
Long-term debt due within one year		219	25
Notes payable with affiliate		176	54
Accounts payable		236	266
Accounts payable to affiliates		5	5
Taxes		33	46
Price risk management liabilities		6	5
Interest		31	32
Customer deposits		54	52
Regulatory liabilities		25	32
Asset retirement obligations		76	50
Other current liabilities		104	135
Total Current Liabilities		1,104	967
Long-term Debt
Long-term debt		4,470	4,663
Long-term debt to affiliate		400	400
Long-term Debt		4,870	5,063
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,580	1,463
Investment tax credits		133	128
Accrued pension obligations		276	296
Asset retirement obligations		463	485
Regulatory liabilities		916	923
Price risk management liabilities		50	42
Other deferred credits and noncurrent liabilities		181	206
Total Deferred Credits and Other Noncurrent Liabilities		3,599	3,543
Commitments and Contingent Liabilities
Equity
Accumulated other comprehensive loss		(43)	(46)
Member's equity		4,647	4,517
Total Liabilities and Equity		14,220	14,090
Louisville Gas And Electric Co [Member]
Current Assets
Cash and cash equivalents		8	19
Accounts receivable (less reserve:)
Customer		88	92
Other		10	11
Accounts receivable from affiliates		19	12
Unbilled revenues		68	67
Fuel, materials and supplies		122	151
Prepayments		14	5
Regulatory assets		8	16
Other current assets		0	2
Total Current Assets		337	375
Property, Plant and Equipment
Regulated utility plant		5,207	4,804
Less: accumulated depreciation - regulated utility plant		434	404
Regulated utility plant, net		4,773	4,400
Construction work in progress		130	390
Property, Plant and Equipment, net		4,903	4,790
Other Noncurrent Assets
Regulatory assets		440	424
Goodwill		389	389
Other intangibles		66	73
Other noncurrent assets		22	17
Total Other Noncurrent Assets		917	903
Total Assets		6,157	6,068
Current Liabilities
Short-term debt		110	142
Long-term debt due within one year		219	25
Accounts payable		145	157
Accounts payable to affiliates		33	25
Taxes		20	20
Price risk management liabilities		6	5
Interest		11	11
Customer deposits		26	26
Regulatory liabilities		8	13
Asset retirement obligations		37	25
Other current liabilities		36	39
Total Current Liabilities		651	488
Long-term Debt
Long-term Debt		1,423	1,617
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		888	829
Investment tax credits		37	35
Accrued pension obligations		48	56
Asset retirement obligations		136	149
Regulatory liabilities		427	431
Price risk management liabilities		50	42
Other deferred credits and noncurrent liabilities		85	91
Total Deferred Credits and Other Noncurrent Liabilities		1,671	1,633
Commitments and Contingent Liabilities
Equity
Common stock	[4]	424	424
Additional paid-in capital		1,658	1,611
Earnings reinvested		330	295
Total Equity		2,412	2,330
Total Liabilities and Equity		6,157	6,068
Kentucky Utilities Co [Member]
Current Assets
Cash and cash equivalents		8	11
Accounts receivable (less reserve:)
Customer		113	117
Other		4	9
Accounts receivable from affiliates		0	1
Unbilled revenues		93	80
Fuel, materials and supplies		157	147
Prepayments		16	8
Regulatory assets		14	19
Other current assets		1	4
Total Current Assets		406	396
Property, Plant and Equipment
Regulated utility plant		7,203	7,099
Less: accumulated depreciation - regulated utility plant		867	759
Regulated utility plant, net		6,336	6,340
Construction work in progress		295	267
Property, Plant and Equipment, net		6,631	6,607
Other Noncurrent Assets
Regulatory assets		327	303
Goodwill		607	607
Other intangibles		44	50
Other noncurrent assets		55	48
Total Other Noncurrent Assets		1,033	1,008
Total Assets		8,070	8,011
Current Liabilities
Short-term debt		29	48
Accounts payable		73	88
Accounts payable to affiliates		52	39
Taxes		17	20
Interest		15	16
Customer deposits		28	26
Regulatory liabilities		17	19
Asset retirement obligations		39	25
Other current liabilities		33	44
Total Current Liabilities		303	325
Long-term Debt
Long-term Debt		2,327	2,326
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,120	1,046
Investment tax credits		96	93
Accrued pension obligations		39	46
Asset retirement obligations		327	336
Regulatory liabilities		489	492
Other deferred credits and noncurrent liabilities		47	60
Total Deferred Credits and Other Noncurrent Liabilities		2,118	2,073
Commitments and Contingent Liabilities
Equity
Common stock	[5]	308	308
Additional paid-in capital		2,616	2,596
Earnings reinvested		399	383
Accumulated other comprehensive loss		(1)	0
Total Equity		3,322	3,287
Total Liabilities and Equity		$ 8,070	$ 8,011

[1] These amounts are included in "Other current assets" on the Balance Sheets.

[2] 780,000 shares authorized; 677,549 and 673,857 shares issued and outstanding at June 30, 2016 and December 31, 2015.

[3] 170,000 shares authorized; 66,368 shares issued and outstanding at June 30, 2016 and December 31, 2015.

[4] 75,000 shares authorized; 21,294 shares issued and outstanding at June 30, 2016 and December 31, 2015.

[5] 80,000 shares authorized; 37,818 shares issued and outstanding at June 30, 2016 and December 31, 2015.