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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating Revenues    
Utility $ 1,714 $ 1,536
Unregulated retail electric and gas 223 147
Wholesale energy marketing    
Realized 1,208 1,038
Unrealized economic activity 852 57
Net energy trading margins 8 11
Energy-related businesses 107 121
Total Operating Revenues 4,112 2,910
Operation    
Fuel 424 475
Energy purchases - realized 883 671
Energy purchases - unrealized economic activity 591 (18)
Other operation and maintenance 706 583
Depreciation 264 208
Taxes, other than income 91 73
Energy-related businesses 102 113
Total Operating Expenses 3,061 2,105
Operating Income 1,051 805
Other Income (Expense) - net (17) (5)
Other-Than-Temporary Impairments 0 1
Interest Expense 230 174
Income from Continuing Operations Before Income Taxes 804 625
Income Taxes 259 223
Income from Continuing Operations After Income Taxes 545 402
Income (Loss) from Discontinued Operations (net of income taxes) 0 3
Net Income 545 405
Net Income Attributable to Noncontrolling Interests 4 4
Net Income Attributable to Company 541 401
Amounts Attributable to Company:    
Income from Continuing Operations After Income Taxes 541 398
Income (Loss) from Discontinued Operations (net of income taxes) 0 3
Net Income 541 401
Income from Continuing Operations After Income Taxes Available to PPL Corporation Common Shareowners:    
Basic (in dollars per share) $ 0.93 $ 0.82
Diluted (in dollars per share) $ 0.93 $ 0.82
Net Income Available to PPL Corporation Common Shareowners:    
Basic (in dollars per share) $ 0.93 $ 0.82
Diluted (in dollars per share) $ 0.93 $ 0.82
Dividends Declared Per Share of Common Stock $ 0.360 $ 0.350
Weighted-Average Shares of Common Stock Outstanding (in thousands)    
Basic 579,041 484,138
Diluted 579,527 484,345
PPL Energy Supply [Member]
   
Operating Revenues    
Unregulated retail electric and gas 224 147
Wholesale energy marketing    
Realized 1,208 1,038
Unrealized economic activity 852 57
Wholesale energy marketing to affiliates 21 6
Net energy trading margins 8 11
Energy-related businesses 96 110
Total Operating Revenues 2,409 1,369
Operation    
Fuel 211 260
Energy purchases - realized 659 314
Energy purchases - unrealized economic activity 591 (18)
Energy purchases from affiliates 1 1
Other operation and maintenance 255 245
Depreciation 64 59
Taxes, other than income 18 16
Energy-related businesses 92 108
Total Operating Expenses 1,891 985
Operating Income 518 384
Other Income (Expense) - net 5 14
Other-Than-Temporary Impairments 0 1
Interest Income from Affiliates 0 3
Interest Expense 37 47
Income from Continuing Operations Before Income Taxes 486 353
Income Taxes 177 142
Income from Continuing Operations After Income Taxes 309 211
Income (Loss) from Discontinued Operations (net of income taxes) 0 3
Net Income 309 214
Net Income Attributable to Company 309 214
Amounts Attributable to Company:    
Net Income 309 214
PPL Electric [Member]
   
Operating Revenues    
Retail electric 457 554
Wholesale energy marketing    
Electric revenue from affiliates 1 4
Total Operating Revenues 458 558
Operation    
Energy purchases - realized 153 251
Energy purchases from affiliates 21 6
Other operation and maintenance 140 130
Depreciation 39 33
Taxes, other than income 26 35
Total Operating Expenses 379 455
Operating Income 79 103
Other Income (Expense) - net 1 0
Interest Income from Affiliates 1 0
Interest Expense 24 24
Income from Continuing Operations Before Income Taxes 57 79
Income Taxes 20 23
Net Income 37 56
Distribution on Preferred Securities 4 4
Net Income Available to PPL Corporation 33 52
LKE [Member]
   
Wholesale energy marketing    
Total Operating Revenues 705 766
Operation    
Fuel 213 215
Energy purchases - realized 74 107
Other operation and maintenance 206 181
Depreciation 86 81
Taxes, other than income 11 9
Total Operating Expenses 590 593
Operating Income 115 173
Other Income (Expense) - net (3) (1)
Interest Expense 38 36
Income from Continuing Operations Before Income Taxes 74 136
Income Taxes 21 49
Net Income 53 87
LGE [Member]
   
Operating Revenues    
Retail electric 329 371
Wholesale energy marketing    
Electric revenue from affiliates 24 27
Total Operating Revenues 353 398
Operation    
Fuel 89 85
Energy purchases - realized 69 99
Energy purchases from affiliates 4 11
Other operation and maintenance 98 90
Depreciation 38 36
Taxes, other than income 5 4
Total Operating Expenses 303 325
Operating Income 50 73
Other Income (Expense) - net 1 (1)
Interest Expense 11 11
Income from Continuing Operations Before Income Taxes 40 61
Income Taxes 15 22
Net Income 25 39
KU [Member]
   
Operating Revenues    
Retail electric 376 395
Wholesale energy marketing    
Electric revenue from affiliates 4 11
Total Operating Revenues 380 406
Operation    
Fuel 124 130
Energy purchases - realized 5 8
Energy purchases from affiliates 24 27
Other operation and maintenance 95 84
Depreciation 48 45
Taxes, other than income 6 5
Total Operating Expenses 302 299
Operating Income 78 107
Other Income (Expense) - net (1) 1
Interest Expense 17 18
Income from Continuing Operations Before Income Taxes 60 90
Income Taxes 22 32
Net Income $ 38 $ 58