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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash Flows from Operating Activities    
Net income (loss) $ 1,229 $ 1,171
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 859 813
Amortization 164 144
Defined benefit plans - expense 135 123
Deferred income taxes and investment tax credits 301 298
Unrealized (gains) losses on derivatives, and other hedging activities 126 21
Other 92 34
Change in current assets and current liabilities    
Accounts receivable (79) 19
Accounts payable (140) (175)
Unbilled revenues 197 121
Counterparty collateral (77) 13
Taxes payable 76 29
Unrecognized tax positions (104) (4)
Accrued interest 8 43
Other (111) 8
Other operating activities    
Defined benefit plans - funding (505) (526)
Other assets (59) 1
Other liabilities 111 (39)
Net cash provided by (used in) operating activities 2,223 2,094
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (2,768) (2,078)
Ironwood Acquisition, net of cash acquired    (84)
Purchases of nuclear plant decommissioning trust investments (102) (112)
Proceeds from the sale of nuclear plant decommissioning trust investments 92 102
Net (increase) decrease in restricted cash and cash equivalents 13 62
Other investing activities (23) (6)
Net cash provided by (used in) investing activities (2,788) (2,116)
Cash Flows from Financing Activities    
Issuance of long-term debt 862 824
Retirement of long-term debt (309) (105)
Repurchase of common stock (74)   
Issuance of common stock 1,409 54
Payment of common stock dividends (645) (623)
Redemption of preference stock of a subsidiary    (250)
Debt issuance and credit facility costs (37) (10)
Contract adjustment payments (72) (71)
Net increase (decrease) in short-term debt (148) (51)
Other financing activities (20) (8)
Net cash provided by (used in) financing activities 966 (240)
Effect of Exchange Rates on Cash and Cash Equivalents (11) 6
Net Increase (Decrease) in Cash and Cash Equivalents 390 (256)
Cash and Cash Equivalents at Beginning of Period 901 1,202
Cash and Cash Equivalents at End of Period 1,291 946
PPL Energy Supply LLC [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 173 383
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 237 206
Amortization 111 93
Defined benefit plans - expense 39 33
Deferred income taxes and investment tax credits 112 132
Unrealized (gains) losses on derivatives, and other hedging activities 98 (37)
Other 32 33
Change in current assets and current liabilities    
Accounts receivable 71 (26)
Accounts payable (131) (110)
Unbilled revenues 135 78
Fuel, materials and supplies (18) (20)
Counterparty collateral (77) 12
Other (32) (28)
Other operating activities    
Defined benefit plans - funding (107) (70)
Other assets (32) (16)
Other liabilities (28) 11
Net cash provided by (used in) operating activities 583 674
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (341) (460)
Ironwood Acquisition, net of cash acquired    (84)
Expenditures for intangible assets (33) (36)
Purchases of nuclear plant decommissioning trust investments (102) (112)
Proceeds from the sale of nuclear plant decommissioning trust investments 92 102
Net (increase) decrease in notes receivable from affiliates    198
Net (increase) decrease in restricted cash and cash equivalents 9 70
Other investing activities 24 14
Net cash provided by (used in) investing activities (351) (308)
Cash Flows from Financing Activities    
Retirement of long-term debt (309) (6)
Contributions from member 980 472
Distributions to member (408) (733)
Net increase (decrease) in short-term debt (356) (45)
Other financing activities (1) (1)
Net cash provided by (used in) financing activities (94) (313)
Net Increase (Decrease) in Cash and Cash Equivalents 138 53
Cash and Cash Equivalents at Beginning of Period 413 379
Cash and Cash Equivalents at End of Period 551 432
PPL Electric Utilities Corp [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 160 [1] 99 [1]
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 132 119
Amortization 13 13
Defined benefit plans - expense 16 17
Deferred income taxes and investment tax credits 103 72
Other 2 3
Change in current assets and current liabilities    
Accounts receivable (14) 48
Accounts payable (51) (43)
Unbilled revenues 34 18
Taxes payable 24   
Other (19) (4)
Other operating activities    
Defined benefit plans - funding (88) (54)
Other assets 6   
Other liabilities 9 (27)
Net cash provided by (used in) operating activities 327 261
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (688) (407)
Net (increase) decrease in notes receivable from affiliates    (210)
Other investing activities (9) 3
Net cash provided by (used in) investing activities (697) (614)
Cash Flows from Financing Activities    
Issuance of long-term debt 348 249
Redemption of preference stock of a subsidiary    (250)
Payment of common stock dividends to parent (94) (75)
Contributions from member 205 150
Other financing activities (4) (10)
Net cash provided by (used in) financing activities 455 64
Net Increase (Decrease) in Cash and Cash Equivalents 85 (289)
Cash and Cash Equivalents at Beginning of Period 140 320
Cash and Cash Equivalents at End of Period 225 31
LG And E And KU Energy LLC [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 260 [1] 180 [1]
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 249 259
Amortization 19 20
Defined benefit plans - expense 38 30
Deferred income taxes and investment tax credits 99 92
Other 6 (5)
Change in current assets and current liabilities    
Accounts receivable (78) (25)
Accounts payable 34 4
Accounts payable to affiliates 1   
Unbilled revenues 19 26
Fuel, materials and supplies 1 4
Income tax receivable    3
Taxes payable 83 51
Accrued interest 30 29
Other    19
Other operating activities    
Defined benefit plans - funding (159) (66)
Settlement of interest rate swaps 98   
Other assets (1) (3)
Other liabilities 14 28
Net cash provided by (used in) operating activities 713 646
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (891) (525)
Net (increase) decrease in notes receivable from affiliates    9
Net (increase) decrease in restricted cash and cash equivalents 10 (3)
Other investing activities 2   
Net cash provided by (used in) investing activities (879) (519)
Cash Flows from Financing Activities    
Contributions from member 146   
Distributions to member (116) (95)
Debt issuance and credit facility costs    (1)
Net increase (decrease) in notes payable to affiliates 27   
Net increase (decrease) in short-term debt 87   
Net cash provided by (used in) financing activities 144 (96)
Net Increase (Decrease) in Cash and Cash Equivalents (22) 31
Cash and Cash Equivalents at Beginning of Period 43 59
Cash and Cash Equivalents at End of Period 21 90
Louisville Gas And Electric Co [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 122 [2] 94 [2]
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 110 114
Amortization 9 8
Defined benefit plans - expense 13 14
Deferred income taxes and investment tax credits 22 40
Other 10 (11)
Change in current assets and current liabilities    
Accounts receivable (20) (5)
Accounts payable 18 2
Accounts payable to affiliates 7   
Unbilled revenues 10 16
Fuel, materials and supplies 2 (10)
Taxes payable 32 21
Other 12 13
Other operating activities    
Defined benefit plans - funding (45) (26)
Settlement of interest rate swaps 49   
Other assets (1) (2)
Other liabilities 2 (1)
Net cash provided by (used in) operating activities 352 267
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (376) (193)
Net (increase) decrease in restricted cash and cash equivalents 10 (3)
Net cash provided by (used in) investing activities (366) (196)
Cash Flows from Financing Activities    
Payment of common stock dividends to parent (67) (47)
Contributions from member 54   
Debt issuance and credit facility costs    (1)
Net increase (decrease) in short-term debt 17   
Net cash provided by (used in) financing activities 4 (48)
Net Increase (Decrease) in Cash and Cash Equivalents (10) 23
Cash and Cash Equivalents at Beginning of Period 22 25
Cash and Cash Equivalents at End of Period 12 48
Kentucky Utilities Co [Member]
   
Cash Flows from Operating Activities    
Net income (loss) 171 [2] 118 [2]
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation 138 145
Amortization 9 9
Defined benefit plans - expense 16 9
Deferred income taxes and investment tax credits 73 78
Other (3) 1
Change in current assets and current liabilities    
Accounts receivable (46) (34)
Accounts payable 25 9
Accounts payable to affiliates (9) (4)
Unbilled revenues 9 10
Fuel, materials and supplies (1) 16
Taxes payable 39 26
Accrued interest 15 14
Other (3) 18
Other operating activities    
Defined benefit plans - funding (62) (20)
Settlement of interest rate swaps 49   
Other assets (2) (1)
Other liabilities 1 16
Net cash provided by (used in) operating activities 419 410
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (512) (331)
Other investing activities 2   
Net cash provided by (used in) investing activities (510) (331)
Cash Flows from Financing Activities    
Payment of common stock dividends to parent (83) (68)
Contributions from member 92   
Net increase (decrease) in short-term debt 70   
Net cash provided by (used in) financing activities 79 (68)
Net Increase (Decrease) in Cash and Cash Equivalents (12) 11
Cash and Cash Equivalents at Beginning of Period 21 31
Cash and Cash Equivalents at End of Period $ 9 $ 42
[1] Net income approximates comprehensive income.
[2] Net income equals comprehensive income.