Segment and Related Information

6 Months Ended

Jun. 30, 2013

Segment and Related Information [Abstract]

Segment and Related Information

3. Segment and Related Information

(PPL)

See Note 2 in PPL's 2012 Form 10-K for a discussion of reportable segments. "Corporate and Other" primarily includes financing and certain other costs incurred at the corporate level that have not been allocated or assigned to the segments, as well as certain unallocated assets, which are presented to reconcile segment information to PPL's consolidated results. For 2012, there were no significant costs or assets in this category.

Beginning in 2013, PPL anticipates more costs to be included in the Corporate and Other category primarily due to an anticipated increase in financing at PPL Capital Funding not directly attributable to a particular segment. PPL's growth in rate-regulated businesses provides the organization an enhanced corporate-level financing alternative, through PPL Capital Funding, that further enables PPL to support targeted credit profiles cost effectively across all of PPL's rated companies. As a result, PPL plans to further utilize PPL Capital Funding in addition to continued direct financing by the operating companies, as appropriate. The financing costs associated primarily with PPL Capital Funding's new securities issuances, with certain exceptions including the remarketing of the debt component of the Equity Units,have not been directly assigned or allocated to any segment and generally have been reflected in Corporate and Other in 2013.

Financial data for the segments for the periods ended June 30are:

		Three Months				Six Months
		2013		2012		2013		2012
Income Statement Data
Revenues from external customers
	Kentucky Regulated	$	682	$	658	$	1,482	$	1,363
	U.K. Regulated		572		557		1,220		1,119
	Pennsylvania Regulated		413		403		925		860
	Supply (a)		1,780		931		2,274		3,319
	Corporate and Other		3				6
Total		$	3,450	$	2,549	$	5,907	$	6,661
Intersegment electric revenues
	Pennsylvania Regulated	$	1	$	1	$	2	$	2
	Supply		12		17		26		38
Net Income Attributable to PPL Shareowners
	Kentucky Regulated	$	49	$	34	$	134	$	76
	U.K. Regulated (a)		245		196		558		361
	Pennsylvania Regulated		45		29		109		62
	Supply (a)		77		12		31		313
	Corporate and Other		(11)				(14)
Total		$	405	$	271	$	818	$	812

		June 30,		December 31,
		2013		2012
Balance Sheet Data
Assets
	Kentucky Regulated	$	11,084	$	10,670
	U.K. Regulated		13,792		14,073
	Pennsylvania Regulated		6,385		6,023
	Supply		12,155		12,868
	Corporate and Other (b)		330
Total assets		$	43,746	$	43,634

(a)       Includes unrealized gains and losses from economic activity. See Note 14 for additional information.

(b)       Primarily consists of unallocated assets, including cash, PP&E and the elimination of inter-segment transactions.