Segment and Related Information

9 Months Ended

Sep. 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 is presented to reconcile segment information to PPL's consolidated results. For 2012, there were no significant costs or assets in this category.

In 2013, costs included in the Corporate and Other category increased, as anticipated, primarily due to an 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 cost-effectively support targeted credit profiles 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. 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.

For the periods ended September 30, financial data for the segmentsare:

		Three Months				Nine Months
		2013		2012		2013		2012
Income Statement Data
Revenues from external customers
	U.K. Regulated	$	543	$	528	$	1,763	$	1,647
	Kentucky Regulated		744		732		2,226		2,095
	Pennsylvania Regulated		463		443		1,388		1,303
	Supply (a)		1,352		700		3,626		4,019
	Corporate and Other		3				9
Total		$	3,105	$	2,403	$	9,012	$	9,064
Intersegment electric revenues
	Pennsylvania Regulated	$	1	$	1	$	3	$	3
	Supply		11		23		37		61
Net Income Attributable to PPL Shareowners
	U.K. Regulated (a)	$	183	$	202	$	741	$	563
	Kentucky Regulated		93		72		227		148
	Pennsylvania Regulated		51		33		160		95
	Supply (a)		91		48		122		361
	Corporate and Other		(8)				(22)
Total		$	410	$	355	$	1,228	$	1,167

		September 30,		December 31,
		2013		2012
Balance Sheet Data
Assets
	U.K. Regulated	$	14,329	$	14,073
	Kentucky Regulated		11,368		10,670
	Pennsylvania Regulated		6,729		6,023
	Supply		12,198		12,868
	Corporate and Other (b)		364
Total assets		$	44,988	$	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.