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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Operating Revenues        
Utility $ 1,739 $ 1,693 $ 5,344 $ 5,012
Unregulated retail electric and gas 264 218 758 620
Wholesale energy marketing        
Realized 980 1,076 2,767 3,367
Unrealized economic activity (49) (716) (281) (322)
Net energy trading margins 12 (11) 1 7
Energy-related businesses 159 143 423 380
Total Operating Revenues 3,105 2,403 9,012 9,064
Operation        
Fuel 494 570 1,464 1,405
Energy purchases - realized 592 583 1,855 2,253
Energy purchases - unrealized economic activity (37) (569) (192) (420)
Other operation and maintenance 669 650 2,043 2,095
Depreciation 289 278 859 813
Taxes, other than income 90 90 272 268
Energy-related businesses 151 137 403 363
Total Operating Expenses 2,248 1,739 6,704 6,777
Operating Income (Loss) 857 664 2,308 2,287
Other Income (Expense) - net (116) (44) 19 (31)
Other-Than-Temporary Impairments 1    1 1
Interest Expense 246 248 755 714
Income (Loss) Before Income Taxes 494 372 1,571 1,541
Income Taxes 84 17 344 364
Income from Continuing Operations After Income Taxes 410 355 1,227 1,177
Income (Loss) from Discontinued Operations (net of income taxes) 1    2 (6)
Net Income 411 355 1,229 1,171
Net Income Attributable to Noncontrolling Interests 1    1 4
Net Income (Loss) Attributable to Shareowners 410 355 1,228 1,167
Amounts Attributable to Shareowners:        
Income from Continuing Operations After Income Taxes 409 355 1,226 1,173
Income (Loss) from Discontinued Operations (net of income taxes) 1    2 (6)
Net Income 410 355 1,228 1,167
Income from Continuing Operations After Income Taxes Available to PPL Common Shareowners:        
Basic (in dollars per share) $ 0.65 $ 0.61 $ 2.03 $ 2.01
Diluted (in dollars per share) $ 0.62 $ 0.61 $ 1.90 $ 2.01
Net Income Available to PPL Common Shareowners:        
Basic (in dollars per share) $ 0.65 $ 0.61 $ 2.03 $ 2.00
Diluted (in dollars per share) $ 0.62 $ 0.61 $ 1.90 $ 2.00
Dividends Declared Per Share of Common Stock $ 0.3675 $ 0.36 $ 1.1025 $ 1.08
Weighted-Average Shares of Common Stock Outstanding (in thousands)        
Basic 631,046 580,585 601,275 579,847
Diluted 664,343 582,636 662,094 580,930
PPL Energy Supply LLC [Member]
       
Operating Revenues        
Unregulated retail electric and gas 266 219 761 623
Wholesale energy marketing        
Realized 980 1,076 2,767 3,367
Unrealized economic activity (49) (716) (281) (322)
Revenue to affiliates 11 23 37 61
Net energy trading margins 12 (11) 1 7
Energy-related businesses 143 128 378 336
Total Operating Revenues 1,363 719 3,663 4,072
Operation        
Fuel 258 321 780 728
Energy purchases - realized 425 421 1,277 1,715
Energy purchases - unrealized economic activity (37) (569) (192) (420)
Energy purchases from affiliates 1 1 3 2
Other operation and maintenance 243 220 748 769
Depreciation 80 73 237 206
Taxes, other than income 18 18 51 53
Energy-related businesses 138 125 366 326
Total Operating Expenses 1,126 610 3,270 3,379
Operating Income (Loss) 237 109 393 693
Other Income (Expense) - net 2 5 18 16
Other-Than-Temporary Impairments 1    1 1
Interest Expense 39 43 131 123
Income (Loss) Before Income Taxes 199 71 279 585
Income Taxes 74 16 106 202
Net Income 125 55 173 383
Net Income Attributable to Noncontrolling Interests 1 1 1 1
Net Income (Loss) Attributable to Shareowners 124 54 172 382
Amounts Attributable to Shareowners:        
Net Income 124 54 172 382
PPL Electric Utilities Corp [Member]
       
Operating Revenues        
Retail electric 463 443 1,388 1,303
Wholesale energy marketing        
Revenue to affiliates 1 1 3 3
Total Operating Revenues 464 444 1,391 1,306
Operation        
Energy purchases - realized 144 137 436 410
Energy purchases from affiliates 11 23 37 61
Other operation and maintenance 134 148 391 431
Depreciation 45 41 132 119
Taxes, other than income 25 24 77 72
Total Operating Expenses 359 373 1,073 1,093
Operating Income (Loss) 105 71 318 213
Other Income (Expense) - net 2 3 5 6
Interest Expense 30 25 80 73
Income (Loss) Before Income Taxes 77 49 243 146
Income Taxes 26 16 83 47
Net Income 51 [1] 33 [1] 160 [1] 99 [1]
Distributions on Preference Stock          4
Net Income Available to PPL 51 33 160 95
LG And E And KU Energy LLC [Member]
       
Wholesale energy marketing        
Total Operating Revenues 744 732 2,226 2,095
Operation        
Fuel 237 249 684 677
Energy purchases - realized 23 27 146 135
Other operation and maintenance 188 186 582 589
Depreciation 84 87 249 259
Taxes, other than income 12 11 36 34
Total Operating Expenses 544 560 1,697 1,694
Operating Income (Loss) 200 172 529 401
Other Income (Expense) - net (4) (4) (6) (14)
Interest Expense 37 37 110 112
Interest Expense with Affiliates       1   
Income (Loss) Before Income Taxes 159 131 412 275
Income Taxes 59 48 153 89
Income from Continuing Operations After Income Taxes 100 83 259 186
Income (Loss) from Discontinued Operations (net of income taxes)       1 (6)
Net Income 100 [1] 83 [1] 260 [1] 180 [1]
Louisville Gas And Electric Co [Member]
       
Operating Revenues        
Retail electric 332 324 1,003 939
Wholesale energy marketing        
Revenue to affiliates 11 9 46 51
Total Operating Revenues 343 333 1,049 990
Operation        
Fuel 100 100 284 281
Energy purchases - realized 18 18 129 110
Energy purchases from affiliates 2 3 6 9
Other operation and maintenance 93 87 278 277
Depreciation 37 38 110 114
Taxes, other than income 6 6 18 17
Total Operating Expenses 256 252 825 808
Operating Income (Loss) 87 81 224 182
Other Income (Expense) - net (1) (3) (3) (3)
Interest Expense 10 10 30 31
Income (Loss) Before Income Taxes 76 68 191 148
Income Taxes 27 25 69 54
Net Income 49 [2] 43 [2] 122 [2] 94 [2]
Kentucky Utilities Co [Member]
       
Operating Revenues        
Retail electric 412 408 1,223 1,156
Wholesale energy marketing        
Revenue to affiliates 2 3 6 9
Total Operating Revenues 414 411 1,229 1,165
Operation        
Fuel 137 149 400 396
Energy purchases - realized 5 9 17 25
Energy purchases from affiliates 11 9 46 51
Other operation and maintenance 91 93 286 286
Depreciation 46 49 138 145
Taxes, other than income 6 5 18 17
Total Operating Expenses 296 314 905 920
Operating Income (Loss) 118 97 324 245
Other Income (Expense) - net (2) 1 (1) (5)
Interest Expense 17 18 51 52
Income (Loss) Before Income Taxes 99 80 272 188
Income Taxes 36 30 101 70
Net Income $ 63 [2] $ 50 [2] $ 171 [2] $ 118 [2]
[1] Net income approximates comprehensive income.
[2] Net income equals comprehensive income.