XML 84 R68.htm IDEA: XBRL DOCUMENT v2.4.0.6
Derivative Instruments and Hedging Activities (Gains and Losses) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Credit Risk-Related Contingent Features [Abstract]    
Aggregate fair value of derivative instruments in a net liability position with credit contingent provisions 211  
Aggregate fair value of collateral posted on these derivative instruments 53  
Aggregate fair value of additional collateral requirements in the event of a credit downgrade below investment grade 175 [1]  
Fair Value Hedges [Member] | Interest Rate Swaps [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Hedged items in fair value hedging relationships Fixed rate debt Fixed rate debt
Fair Value Hedges [Member] | Interest Rate Swaps [Member] | Interest Expense [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in income on derivative 0 1
Gain (loss) recognized in income on related item 1 10
Cash Flow Hedges [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in OCI on derivative (effective portion) 128 69
Gain (loss) reclassified from AOCI into income on derivative (effective portion) 209 120
Gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) 0 (9)
Cash Flow Hedges [Member] | Interest Rate Swaps [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in OCI on derivative (effective portion) 3 10
Cash Flow Hedges [Member] | Interest Rate Swaps [Member] | Interest Expense [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) reclassified from AOCI into income on derivative (effective portion) (4) (3)
Gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) 0 (1)
Cash Flow Hedges [Member] | Cross Currency Swaps [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in OCI on derivative (effective portion) 12 (25)
Cash Flow Hedges [Member] | Cross Currency Swaps [Member] | Interest Expense [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) reclassified from AOCI into income on derivative (effective portion) (1) 3
Gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) 0 0
Cash Flow Hedges [Member] | Cross Currency Swaps [Member] | Other Income (Expense) Net [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) reclassified from AOCI into income on derivative (effective portion) (19) (13)
Gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) 0 0
Cash Flow Hedges [Member] | Commodity Contracts [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in OCI on derivative (effective portion) 113 84
Cash Flow Hedges [Member] | Commodity Contracts [Member] | Wholesale Energy Marketing [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) reclassified from AOCI into income on derivative (effective portion) 272 203
Gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) 4 (9)
Cash Flow Hedges [Member] | Commodity Contracts [Member] | Depreciation [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) reclassified from AOCI into income on derivative (effective portion) 1 0
Gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) 0 0
Cash Flow Hedges [Member] | Commodity Contracts [Member] | Energy Purchases [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) reclassified from AOCI into income on derivative (effective portion) (40) (70)
Gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) (4) 1
Derivatives Not Designated As Hedging Instruments [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in income on derivative 290 10
Derivatives Not Designated As Hedging Instruments [Member] | Interest Rate Swaps [Member] | Regulatory Assets [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gains (losses) recognized as regulatory asset on derivative 7 2
Derivatives Not Designated As Hedging Instruments [Member] | Interest Rate Swaps [Member] | Interest Expense [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in income on derivative (2) (2)
Derivatives Not Designated As Hedging Instruments [Member] | Commodity Contracts [Member] | Wholesale Energy Marketing [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in income on derivative 1,343 45
Derivatives Not Designated As Hedging Instruments [Member] | Commodity Contracts [Member] | Fuel [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in income on derivative 6 23
Derivatives Not Designated As Hedging Instruments [Member] | Commodity Contracts [Member] | Energy Purchases [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in income on derivative (1,070) (55)
Derivatives Not Designated As Hedging Instruments [Member] | Commodity Contracts [Member] | Unregulated Retail Electric And Gas [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in income on derivative 22 1
Derivatives Not Designated As Hedging Instruments [Member] | Commodity Contracts [Member] | Net Energy Trading Margins [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in income on derivative 9 [2] 7 [2]
Derivatives Not Designated As Hedging Instruments [Member] | Foreign Currency Contracts [Member] | Other Income (Expense) Net [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in income on derivative (18) (9)
Net Investment Hedges [Member] | Foreign Currency Contracts [Member]
   
Amounts Included in Income, OCI or Regulatory Assets [Abstract]    
Gain (loss) recognized in OCI on derivative (effective portion) (3) (1)
[1] Includes the effect of net receivables and payables already recorded on the Balance Sheet.
[2] Differs from the Statement of Income due to intra-month transactions that PPL defines as spot activity, which is not accounted for as a derivative.