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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Operating Revenues    
Utility$ 1,675$ 732$ 4,695$ 2,438
Unregulated retail electric and gas189116517321
Wholesale energy marketing    
Realized9071,1922,6773,782
Unrealized economic activity21652229(190)
Net energy trading margins(7)(20)14(4)
Energy-related businesses140107387311
Total Operating Revenues3,1202,1798,5196,658
Operation    
Fuel6033221,492810
Energy purchases - realized3623861,4672,132
Energy purchases - unrealized economic activity17630049418
Other operation and maintenance7353662,0411,229
Depreciation252127697376
Taxes, other than income9056238181
Energy-related businesses135100368288
Total Operating Expenses2,3531,6576,3525,434
Operating Income7675222,1671,224
Other Income (Expense) - net37(26)(2)(18)
Other-Than-Temporary Impairments5063
Interest Expense240171678413
Income from Continuing Operations Before Income Taxes5593251,481790
Income Taxes11019429152
Income from Continuing Operations After Income Taxes4493061,052638
Income (Loss) from Discontinued Operations (net of income taxes)0(53)2(38)
Net Income4492531,054600
Net Income Attributable to Noncontrolling Interests551317
Net Income Attributable to Company4442481,041583
Amounts Attributable to Company:    
Income from Continuing Operations After Income Taxes4443011,039621
Income (Loss) from Discontinued Operations (net of income taxes)0(53)2(38)
Net Income4442481,041583
Income from Continuing Operations After Income Taxes Available to PPL Corporation Common Shareowners:    
Basic$ 0.76$ 0.62$ 1.91$ 1.49
Diluted$ 0.76$ 0.62$ 1.91$ 1.49
Net Income Available to PPL Corporation Common Shareowners:    
Basic$ 0.76$ 0.51$ 1.92$ 1.40
Diluted$ 0.76$ 0.51$ 1.91$ 1.40
Dividends Declared Per Share of Common Stock$ 0.350$ 0.350$ 1.050$ 1.050
Weighted-Average Shares of Common Stock Outstanding (in thousands)    
Basic577,595482,552541,135414,068
Diluted578,054482,762541,480414,287
PPL Energy Supply [Member]
    
Operating Revenues    
Unregulated retail electric and gas190116518321
Wholesale energy marketing    
Realized9071,1922,6773,782
Unrealized economic activity21652229(190)
Wholesale energy marketing to affiliates57115250
Net energy trading margins(7)(20)14(4)
Energy-related businesses13097354278
Total Operating Revenues1,4411,5083,8074,437
Operation    
Fuel358322826810
Energy purchases - realized1611597011,289
Energy purchases - unrealized economic activity17630049418
Energy purchases from affiliates1132
Other operation and maintenance208213741765
Depreciation6259181176
Taxes, other than income18125034
Energy-related businesses13095350269
Total Operating Expenses1,1141,1612,9013,763
Operating Income327347906674
Other Income (Expense) - net262017
Other-Than-Temporary Impairments5063
Interest Income from Affiliates2163
Interest Expense5248150150
Income from Continuing Operations Before Income Taxes274306776541
Income Taxes10493305178
Income from Continuing Operations After Income Taxes170213471363
Income (Loss) from Discontinued Operations (net of income taxes)0532189
Net Income170266473552
Net Income Attributable to Noncontrolling Interests1111
Net Income Attributable to Company169265472551
Amounts Attributable to Company:    
Income from Continuing Operations After Income Taxes169212470362
Income (Loss) from Discontinued Operations (net of income taxes)0532189
Net Income169265472551
PPL Electric [Member]
    
Operating Revenues    
Retail electric4545701,4441,901
Wholesale energy marketing    
Electric revenue from affiliates1195
Total Operating Revenues4555711,4531,906
Operation    
Energy purchases - realized171229591848
Energy purchases from affiliates57115250
Other operation and maintenance146126402377
Depreciation3834108101
Taxes, other than income263283108
Total Operating Expenses3864921,1991,684
Operating Income6979254222
Other Income (Expense) - net2033
Interest Income from Affiliates1011
Interest Expense26247474
Income from Continuing Operations Before Income Taxes4655184152
Income Taxes14155647
Net Income3240128105
Distribution on Preferred Securities441216
Net Income Available to PPL Corporation283611689
LKE [Member] | Successor [Member]
    
Wholesale energy marketing    
Total Operating Revenues736 2,140 
Operation    
Fuel245 666 
Energy purchases - realized32 179 
Other operation and maintenance187 566 
Depreciation84 249 
Taxes, other than income10 28 
Total Operating Expenses558 1,688 
Operating Income178 452 
Other Income (Expense) - net0 (1) 
Interest Expense36 108 
Interest Expense with Affiliates0 0 
Income from Continuing Operations Before Income Taxes142 343 
Income Taxes52 125 
Income from Continuing Operations After Income Taxes90 218 
Income (Loss) from Discontinued Operations (net of income taxes)(1) (1) 
Net Income89 217 
LKE [Member] | Predecessor [Member]
    
Wholesale energy marketing    
Total Operating Revenues 719 2,035
Operation    
Fuel 250 668
Energy purchases - realized 39 200
Other operation and maintenance 177 509
Depreciation 73 211
Taxes, other than income 5 19
Total Operating Expenses 544 1,607
Operating Income 175 428
Other Income (Expense) - net 31 17
Interest Expense 6 19
Interest Expense with Affiliates 39 118
Income from Continuing Operations Before Income Taxes 161 308
Income Taxes 59 112
Income from Continuing Operations After Income Taxes 102 196
Income (Loss) from Discontinued Operations (net of income taxes) 0 (2)
Net Income 102 194
LGE [Member] | Successor [Member]
    
Operating Revenues    
Retail electric323 974 
Wholesale energy marketing    
Electric revenue from affiliates17 61 
Total Operating Revenues340 1,035 
Operation    
Fuel98 265 
Energy purchases - realized24 155 
Energy purchases from affiliates7 25 
Other operation and maintenance91 272 
Depreciation37 110 
Taxes, other than income5 14 
Total Operating Expenses262 841 
Operating Income78 194 
Other Income (Expense) - net0 0 
Interest Expense11 34 
Interest Expense with Affiliates0 0 
Income from Continuing Operations Before Income Taxes67 160 
Income Taxes24 58 
Net Income43 102 
LGE [Member] | Predecessor [Member]
    
Operating Revenues    
Retail electric 304 901
Wholesale energy marketing    
Electric revenue from affiliates 23 71
Total Operating Revenues 327 972
Operation    
Fuel 104 277
Energy purchases - realized 20 133
Energy purchases from affiliates 3 13
Other operation and maintenance 85 250
Depreciation 35 104
Taxes, other than income 3 11
Total Operating Expenses 250 788
Operating Income 77 184
Other Income (Expense) - net 29 17
Interest Expense 5 14
Interest Expense with Affiliates 6 20
Income from Continuing Operations Before Income Taxes 95 167
Income Taxes 35 60
Net Income 60 107
KU [Member] | Successor [Member]
    
Operating Revenues    
Retail electric413 1,166 
Wholesale energy marketing    
Electric revenue from affiliates7 25 
Total Operating Revenues420 1,191 
Operation    
Fuel147 401 
Energy purchases - realized8 24 
Energy purchases from affiliates17 61 
Other operation and maintenance90 274 
Depreciation47 139 
Taxes, other than income5 14 
Total Operating Expenses314 913 
Operating Income106 278 
Other Income (Expense) - net0 1 
Interest Expense18 53 
Interest Expense with Affiliates0 0 
Income from Continuing Operations Before Income Taxes88 226 
Income Taxes32 82 
Net Income56 144 
KU [Member] | Predecessor [Member]
    
Operating Revenues    
Retail electric 413 1,133
Wholesale energy marketing    
Electric revenue from affiliates 3 13
Total Operating Revenues 416 1,146
Operation    
Fuel 146 391
Energy purchases - realized 19 67
Energy purchases from affiliates 23 71
Other operation and maintenance 83 240
Depreciation 38 106
Taxes, other than income 2 8
Total Operating Expenses 311 883
Operating Income 105 263
Other Income (Expense) - net 1 2
Interest Expense 2 5
Interest Expense with Affiliates 18 55
Income from Continuing Operations Before Income Taxes 86 205
Income Taxes 32 76
Net Income $ 54 $ 129