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Defined Benefits
3 Months Ended
Mar. 31, 2013
Defined Benefits [Abstract]  
Defined Benefits

9. Defined Benefits

 

(PPL, PPL Energy Supply, LKE and LG&E)

 

Certain net periodic defined benefit costs are applied to accounts that are further distributed between capital and expense, including certain costs allocated to applicable subsidiaries for plans sponsored by PPL Services and LKE. Following are the net periodic defined benefit costs (credits) of the plans sponsored by PPL, PPL Energy Supply, LKE and LG&E for the periods ended March 31:

    Pension Benefits Other Postretirement Benefits
    U.S. U.K.      
    Three Months
    2013 2012 2013 2012 2013 2012
PPL                  
Service cost $ 31 $ 26 $ 18 $ 13 $ 4 $ 3
Interest cost   54   56   81   84   7   8
Expected return on plan assets   (74)   (66)   (118)   (111)   (6)   (6)
Amortization of:                  
  Transition obligation                  1
  Prior service cost   6   6      1      
  Actuarial (gain) loss    20   10   38   20   1   1
Net periodic defined benefit                   
 costs (credits) $37 $32 $19 $7 $6 $7

    Pension Benefits Other Postretirement Benefits
               
    Three Months
    2013 2012 2013 2012
PPL Energy Supply            
Service cost $ 2 $ 1      
Interest cost   2   2      
Expected return on plan assets   (3)   (2)      
Amortization of:            
  Actuarial (gain) loss   1   1      
Net periodic defined benefit costs (credits) $ 2 $ 2      

LKE            
Service cost $ 7 $ 6 $ 1 $ 1
Interest cost   16   17   2   2
Expected return on plan assets   (21)   (18)   (1)   (1)
Amortization of:            
  Prior service cost   1   1   1   1
  Actuarial (gain) loss    8   5      
Net periodic defined benefit costs (credits)  $ 11 $ 11 $ 3 $ 3
               
LG&E            
Service cost $ 1         
Interest cost   3 $ 4      
Expected return on plan assets   (5)   (5)      
Amortization of:            
  Prior service cost   1   1      
  Actuarial (gain) loss    3   3      
Net periodic defined benefit costs (credits)  $ 3 $ 3      

(PPL Energy Supply, PPL Electric, LG&E and KU)

 

In addition to the specific plans they sponsor, PPL Energy Supply subsidiaries are also allocated costs of defined benefit plans sponsored by PPL Services, and LG&E is allocated costs of defined benefit plans sponsored by LKE based on their participation in those plans, which management believes are reasonable. PPL Electric and KU do not directly sponsor any defined benefit plans. PPL Electric is allocated costs of defined benefit plans sponsored by PPL Services, and KU is allocated costs of defined benefit plans sponsored by LKE based on their participation in those plans, which management believes are reasonable. For the periods ended March 31, PPL Services allocated the following net periodic defined benefit costs to PPL Energy Supply subsidiaries and PPL Electric, and LKE allocated the following net periodic defined benefit costs to LG&E and KU.

    Three Months
      2013 2012
             
PPL Energy Supply       $ 11 $ 10
PPL Electric         9   8