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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Assets, Current [Abstract]    
Cash and cash equivalents $ 852 $ 485
Accounts receivable (less reserve:)    
Customer 675 681
Other 66 100
Unbilled revenues 453 543
Fuel, materials and supplies 288 320
Prepayments 126 66
Price risk management assets 78 49
Regulatory assets 27 34
Other current assets 62 50
Total Current Assets 2,600 2,294
Property, Plant and Equipment    
Regulated utility plant 38,999 38,228
Less: accumulated depreciation - regulated utility plant 7,083 6,785
Regulated utility plant, net 31,916 31,443
Non-regulated property, plant and equipment 370 384
Less: accumulated depreciation - non-regulated property, plant and equipment 108 110
Non-regulated property, plant and equipment, net 262 274
Construction work in progress 1,645 1,375
Property, Plant and Equipment, net 33,823 33,092
Other Noncurrent Assets    
Regulatory assets 1,530 1,504
Goodwill 3,308 3,258
Other intangibles 694 697
Pension benefit asset 498 284
Price risk management assets 185 215
Other noncurrent assets 192 135
Total Other Noncurrent Assets 6,407 6,093
Total Assets 42,830 41,479
Current Liabilities    
Short-term debt 1,864 1,080
Long-term debt due within one year 203 348
Accounts payable 804 924
Taxes 132 105
Interest 203 282
Dividends 287 273
Customer deposits 271 292
Regulatory liabilities 137 95
Other current liabilities 547 624
Total Current Liabilities 4,448 4,023
Long-term Debt    
Long-term Debt 20,217 19,847
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 2,632 2,462
Investment tax credits 128 129
Accrued pension obligations 665 800
Asset retirement obligations 297 312
Regulatory liabilities 2,747 2,704
Other deferred credits and noncurrent liabilities 456 441
Total Deferred Credits and Other Noncurrent Liabilities 6,925 6,848
Commitments and Contingent Liabilities
Equity    
Common stock [1] 7 7
Additional paid-in capital 10,462 10,305
Earnings reinvested 4,266 3,871
Accumulated other comprehensive loss (3,495) (3,422)
Total Equity 11,240 10,761
Total Liabilities and Equity 42,830 41,479
PPL Electric Utilities Corp [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 489 49
Accounts receivable (less reserve:)    
Customer 289 279
Other 23 71
Accounts receivable from affiliates 11 0
Unbilled revenues 97 127
Fuel, materials and supplies 28 34
Prepayments 53 6
Regulatory assets 16 16
Other current assets 13 6
Total Current Assets 1,019 588
Property, Plant and Equipment    
Regulated utility plant 11,140 10,785
Less: accumulated depreciation - regulated utility plant 2,815 2,778
Regulated utility plant, net 8,325 8,007
Construction work in progress 586 508
Property, Plant and Equipment, net 8,911 8,515
Other Noncurrent Assets    
Regulatory assets 737 709
Other intangibles 260 259
Other noncurrent assets 56 11
Total Other Noncurrent Assets 1,053 979
Total Assets 10,983 10,082
Current Liabilities    
Accounts payable 374 386
Accounts payable to affiliates 29 31
Taxes 7 8
Interest 37 36
Regulatory liabilities 66 86
Other current liabilities 99 98
Total Current Liabilities 612 645
Long-term Debt    
Long-term Debt 3,693 3,298
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,225 1,154
Accrued pension obligations 212 246
Regulatory liabilities 692 668
Other deferred credits and noncurrent liabilities 131 79
Total Deferred Credits and Other Noncurrent Liabilities 2,260 2,147
Commitments and Contingent Liabilities
Equity    
Common stock [2] 364 364
Additional paid-in capital 3,154 2,729
Earnings reinvested 900 899
Total Equity 4,418 3,992
Total Liabilities and Equity 10,983 10,082
LG And E And KU Energy LLC [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 39 30
Accounts receivable (less reserve:)    
Customer 229 246
Other 45 44
Unbilled revenues 163 203
Fuel, materials and supplies 229 254
Prepayments 31 25
Regulatory assets 11 18
Other current assets 6 8
Total Current Assets 753 828
Property, Plant and Equipment    
Regulated utility plant 13,346 13,187
Less: accumulated depreciation - regulated utility plant 1,955 1,785
Regulated utility plant, net 11,391 11,402
Construction work in progress 880 627
Property, Plant and Equipment, net 12,271 12,029
Other Noncurrent Assets    
Regulatory assets 793 795
Goodwill 996 996
Other intangibles 82 86
Other noncurrent assets 75 68
Total Other Noncurrent Assets 1,946 1,945
Total Assets 14,970 14,802
Current Liabilities    
Short-term debt 316 244
Long-term debt due within one year 203 98
Notes payable with affiliates 99 225
Accounts payable 266 338
Accounts payable to affiliates 8 7
Taxes 41 66
Price risk management liabilities 4 4
Interest 32 32
Customer deposits 59 58
Regulatory liabilities 71 9
Asset retirement obligations 84 85
Other current liabilities 124 161
Total Current Liabilities 1,307 1,327
Long-term Debt    
Long-term debt 4,657 4,661
Long-term debt to affiliate 650 400
Long-term Debt 5,307 5,061
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 878 866
Investment tax credits 127 129
Accrued pension obligations 259 365
Asset retirement obligations 248 271
Regulatory liabilities 2,055 2,036
Price risk management liabilities 17 22
Other deferred credits and noncurrent liabilities 140 162
Total Deferred Credits and Other Noncurrent Liabilities 3,724 3,851
Commitments and Contingent Liabilities
Equity    
Accumulated other comprehensive loss (86) (88)
Member's Equity 4,632 4,563
Total Liabilities and Equity 14,970 14,802
Louisville Gas And Electric Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 19 15
Accounts receivable (less reserve:)    
Customer 104 116
Other 14 13
Accounts receivable from affiliates 18 24
Unbilled revenues 67 91
Fuel, materials and supplies 100 131
Prepayments 16 11
Regulatory assets 11 12
Other current assets 2 3
Total Current Assets 351 416
Property, Plant and Equipment    
Regulated utility plant 5,653 5,587
Less: accumulated depreciation - regulated utility plant 678 614
Regulated utility plant, net 4,975 4,973
Construction work in progress 455 305
Property, Plant and Equipment, net 5,430 5,278
Other Noncurrent Assets    
Regulatory assets 406 411
Goodwill 389 389
Other intangibles 50 53
Other noncurrent assets 23 12
Total Other Noncurrent Assets 868 865
Total Assets 6,649 6,559
Current Liabilities    
Short-term debt 183 199
Long-term debt due within one year 194 98
Accounts payable 132 179
Accounts payable to affiliates 21 23
Taxes 23 25
Price risk management liabilities 4 4
Interest 11 11
Customer deposits 28 27
Regulatory liabilities 34 3
Asset retirement obligations 17 24
Other current liabilities 47 52
Total Current Liabilities 694 645
Long-term Debt    
Long-term Debt 1,614 1,611
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 581 572
Investment tax credits 34 35
Accrued pension obligations 0 45
Asset retirement obligations 95 97
Regulatory liabilities 922 919
Price risk management liabilities 17 22
Other deferred credits and noncurrent liabilities 81 86
Total Deferred Credits and Other Noncurrent Liabilities 1,730 1,776
Commitments and Contingent Liabilities
Equity    
Common stock [3] 424 424
Additional paid-in capital 1,755 1,712
Earnings reinvested 432 391
Total Equity 2,611 2,527
Total Liabilities and Equity 6,649 6,559
Kentucky Utilities Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 20 15
Accounts receivable (less reserve:)    
Customer 125 130
Other 31 30
Unbilled revenues 96 112
Fuel, materials and supplies 129 123
Prepayments 15 14
Regulatory assets 0 6
Other current assets 4 5
Total Current Assets 420 435
Property, Plant and Equipment    
Regulated utility plant 7,683 7,592
Less: accumulated depreciation - regulated utility plant 1,275 1,170
Regulated utility plant, net 6,408 6,422
Construction work in progress 424 321
Property, Plant and Equipment, net 6,832 6,743
Other Noncurrent Assets    
Regulatory assets 387 384
Goodwill 607 607
Other intangibles 32 33
Other noncurrent assets 75 52
Total Other Noncurrent Assets 1,101 1,076
Total Assets 8,353 8,254
Current Liabilities    
Short-term debt 133 45
Long-term debt due within one year 9 0
Accounts payable 121 137
Accounts payable to affiliates 42 53
Taxes 23 19
Interest 16 16
Customer deposits 31 31
Regulatory liabilities 37 6
Asset retirement obligations 67 61
Other current liabilities 35 46
Total Current Liabilities 514 414
Long-term Debt    
Long-term Debt 2,320 2,328
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 690 691
Investment tax credits 93 94
Accrued pension obligations 0 36
Asset retirement obligations 153 174
Regulatory liabilities 1,133 1,117
Other deferred credits and noncurrent liabilities 36 43
Total Deferred Credits and Other Noncurrent Liabilities 2,105 2,155
Commitments and Contingent Liabilities
Equity    
Common stock [4] 308 308
Additional paid-in capital 2,661 2,616
Earnings reinvested 445 433
Total Equity 3,414 3,357
Total Liabilities and Equity $ 8,353 $ 8,254
[1] 1,560,000 shares authorized; 699,128 and 693,398 shares issued and outstanding at June 30, 2018 and December 31, 2017.
[2] 170,000 shares authorized; 66,368 shares issued and outstanding at June 30, 2018 and December 31, 2017.
[3] 75,000 shares authorized; 21,294 shares issued and outstanding at June 30, 2018 and December 31, 2017.
[4] 80,000 shares authorized; 37,818 shares issued and outstanding at June 30, 2018 and December 31, 2017.