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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 1,102 $ 901
Restricted cash and cash equivalents 83 54
Accounts receivable (less reserve:)    
Customer 923 745
Other 97 79
Unbilled revenues 835 857
Fuel, materials and supplies 702 673
Prepayments 153 166
Deferred income taxes 246 30
Price risk management assets 942 1,525
Regulatory assets 33 19
Other current assets 37 19
Total Current Assets 5,153 5,068
Investments    
Nuclear plant decommissioning trust funds 864 712
Other investments 43 47
Total Investments 907 759
Property, Plant and Equipment    
Regulated utility plant 27,755 25,196
Less: accumulated depreciation - regulated utility plant 4,873 4,164
Regulated utility plant, net 22,882 21,032
Non-regulated property, plant and equipment    
Generation 11,881 11,295
Nuclear fuel 591 524
Other 834 726
Less: accumulated depreciation - non-regulated property, plant and equipment 6,172 5,942
Non-regulated property, plant and equipment, net 7,134 6,603
Construction work in progress 3,071 2,397
Property, Plant and Equipment, net 33,087 30,032
Other Noncurrent Assets    
Regulatory assets 1,246 1,483
Goodwill 4,225 4,158
Other intangibles 947 925
Price risk management assets 337 572
Other noncurrent assets 357 637
Total Other Noncurrent Assets 7,112 7,775
Total Assets 46,259 43,634
Current Liabilities    
Short-term debt 701 652
Long-term debt due within one year 315 751
Accounts payable 1,308 1,252
Taxes 114 90
Interest 325 325
Dividends 232 210
Price risk management liabilities 829 1,065
Regulatory liabilities 90 61
Other current liabilities 998 1,219
Total Current Liabilities 4,912 5,625
Long-term Debt 20,592 18,725
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 3,928 3,387
Investment tax credits 342 328
Price risk management liabilities 415 629
Accrued pension obligations 1,286 2,076
Asset retirement obligations 687 536
Regulatory liabilities 1,048 1,010
Other deferred credits and noncurrent liabilities 583 820
Total Deferred Credits and Other Noncurrent Liabilities 8,289 8,786
Commitments and Contingent Liabilities      
Equity    
Common stock 6 [1] 6 [1]
Additional paid-in capital 8,316 6,936
Earnings reinvested 5,709 5,478
Accumulated other comprehensive income (loss) (1,565) (1,940)
Total Stockholders' Equity 12,466 10,480
Noncontrolling Interests    18
Total Equity 12,466 10,498
Total Liabilities and Equity 46,259 43,634
PPL Energy Supply LLC [Member]
   
Current Assets    
Cash and cash equivalents 239 413
Restricted cash and cash equivalents 68 46
Accounts receivable (less reserve:)    
Customer 233 183
Other 97 31
Accounts receivable from affiliates 45 125
Unbilled revenues 286 369
Fuel, materials and supplies 358 327
Prepayments 20 15
Price risk management assets 860 1,511
Other current assets 27 10
Total Current Assets 2,233 3,030
Investments    
Nuclear plant decommissioning trust funds 864 712
Other investments 37 41
Total Investments 901 753
Non-regulated property, plant and equipment    
Generation 11,891 11,305
Nuclear fuel 591 524
Other 288 294
Less: accumulated depreciation - non-regulated property, plant and equipment 6,046 5,817
Non-regulated property, plant and equipment, net 6,724 6,306
Construction work in progress 450 987
Property, Plant and Equipment, net 7,174 7,293
Other Noncurrent Assets    
Goodwill 86 86
Other intangibles 266 252
Price risk management assets 328 557
Other noncurrent assets 86 404
Total Other Noncurrent Assets 766 1,299
Total Assets 11,074 12,375
Current Liabilities    
Short-term debt    356
Long-term debt due within one year 304 751
Accounts payable 393 438
Accounts payable to affiliates 4 31
Taxes 31 62
Interest 22 31
Price risk management liabilities 750 1,010
Deferred income taxes 9 158
Other current liabilities 269 319
Total Current Liabilities 1,782 3,156
Long-term Debt 2,221 2,521
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,114 1,232
Investment tax credits 205 186
Price risk management liabilities 320 556
Accrued pension obligations 111 293
Asset retirement obligations 393 365
Other deferred credits and noncurrent liabilities 130 218
Total Deferred Credits and Other Noncurrent Liabilities 2,273 2,850
Commitments and Contingent Liabilities      
Equity    
Accumulated other comprehensive income (loss) 77 48
Member's Equity 4,798 3,830
Noncontrolling Interests    18
Total Equity 4,798 3,848
Total Liabilities and Equity 11,074 12,375
PPL Electric Utilities Corp [Member]
   
Current Assets    
Cash and cash equivalents 25 140
Accounts receivable (less reserve:)    
Customer 284 249
Other 5 5
Accounts receivable from affiliates 4 29
Unbilled revenues 116 110
Notes receivable from affiliates 150   
Fuel, materials and supplies 35 39
Prepayments 40 76
Deferred income taxes 85 45
Regulatory assets 6   
Other current assets 22 4
Total Current Assets 766 697
Property, Plant and Equipment    
Regulated utility plant 6,886 6,286
Less: accumulated depreciation - regulated utility plant 2,417 2,316
Regulated utility plant, net 4,469 3,970
Non-regulated property, plant and equipment    
Other, net 2 2
Construction work in progress 591 370
Property, Plant and Equipment, net 5,062 4,342
Other Noncurrent Assets    
Regulatory assets 772 853
Other intangibles 211 171
Other noncurrent assets 35 55
Total Other Noncurrent Assets 1,018 1,079
Total Assets 6,846 6,118
Current Liabilities    
Short-term debt 20   
Long-term debt due within one year 10   
Accounts payable 295 259
Accounts payable to affiliates 57 63
Taxes 51 12
Interest 34 26
Regulatory liabilities 76 52
Other current liabilities 82 93
Total Current Liabilities 625 505
Long-term Debt 2,305 1,967
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,399 1,233
Investment tax credits 2 3
Accrued pension obligations 96 237
Regulatory liabilities 15 8
Other deferred credits and noncurrent liabilities 55 103
Total Deferred Credits and Other Noncurrent Liabilities 1,567 1,584
Commitments and Contingent Liabilities      
Equity    
Common stock 364 [2] 364 [2]
Additional paid-in capital 1,340 1,135
Earnings reinvested 645 563
Total Stockholders' Equity 2,349 2,062
Total Liabilities and Equity 6,846 6,118
LG And E And KU Energy LLC [Member]
   
Current Assets    
Cash and cash equivalents 35 43
Accounts receivable (less reserve:)    
Customer 224 133
Other 20 20
Accounts receivable from affiliates    1
Unbilled revenues 180 156
Notes receivable from affiliates 70   
Fuel, materials and supplies 278 276
Prepayments 21 28
Price risk management assets from affiliates    14
Deferred income taxes 159 13
Regulatory assets 27 19
Other current assets 3 4
Total Current Assets 1,017 707
Property, Plant and Equipment    
Regulated utility plant 8,526 8,073
Less: accumulated depreciation - regulated utility plant 778 519
Regulated utility plant, net 7,748 7,554
Non-regulated property, plant and equipment    
Other, net 3 3
Construction work in progress 1,793 750
Property, Plant and Equipment, net 9,544 8,307
Other Noncurrent Assets    
Regulatory assets 474 630
Goodwill 996 996
Other intangibles 221 271
Other noncurrent assets 98 108
Total Other Noncurrent Assets 1,789 2,005
Total Assets 12,350 11,019
Current Liabilities    
Short-term debt 245 125
Notes payable with affiliates    25
Accounts payable 346 283
Accounts payable to affiliates 3 1
Taxes 39 26
Interest 23 21
Price risk management liabilities 4 5
Regulatory liabilities 14 9
Customer deposits 50 48
Other current liabilities 111 100
Total Current Liabilities 835 643
Long-term Debt 4,565 4,075
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 965 541
Investment tax credits 135 138
Price risk management liabilities 32 53
Accrued pension obligations 152 414
Asset retirement obligations 245 125
Regulatory liabilities 1,033 1,002
Other deferred credits and noncurrent liabilities 238 242
Total Deferred Credits and Other Noncurrent Liabilities 2,800 2,515
Commitments and Contingent Liabilities      
Equity    
Accumulated other comprehensive income (loss) 13 (15)
Member's Equity 4,150 3,786
Total Liabilities and Equity 12,350 11,019
Louisville Gas And Electric Co [Member]
   
Current Assets    
Cash and cash equivalents 8 22
Accounts receivable (less reserve:)    
Customer 102 59
Other 9 16
Accounts receivable from affiliates    14
Unbilled revenues 85 72
Fuel, materials and supplies 154 142
Prepayments 7 7
Price risk management assets from affiliates    7
Regulatory assets 17 19
Other current assets 3 1
Total Current Assets 385 359
Property, Plant and Equipment    
Regulated utility plant 3,383 3,187
Less: accumulated depreciation - regulated utility plant 332 220
Regulated utility plant, net 3,051 2,967
Non-regulated property, plant and equipment    
Construction work in progress 651 259
Property, Plant and Equipment, net 3,702 3,226
Other Noncurrent Assets    
Regulatory assets 303 400
Goodwill 389 389
Other intangibles 120 144
Other noncurrent assets 35 44
Total Other Noncurrent Assets 847 977
Total Assets 4,934 4,562
Current Liabilities    
Short-term debt 20 55
Accounts payable 166 117
Accounts payable to affiliates 24 23
Taxes 11 2
Interest 6 5
Price risk management liabilities 4 5
Regulatory liabilities 9 4
Customer deposits 24 23
Other current liabilities 32 34
Total Current Liabilities 296 268
Long-term Debt 1,353 1,112
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 582 544
Investment tax credits 38 40
Price risk management liabilities 32 53
Accrued pension obligations 19 102
Asset retirement obligations 68 56
Regulatory liabilities 482 471
Other deferred credits and noncurrent liabilities 104 106
Total Deferred Credits and Other Noncurrent Liabilities 1,325 1,372
Commitments and Contingent Liabilities      
Equity    
Common stock 424 [3] 424 [3]
Additional paid-in capital 1,364 1,278
Earnings reinvested 172 108
Total Stockholders' Equity 1,960 1,810
Total Liabilities and Equity 4,934 4,562
Kentucky Utilities Co [Member]
   
Current Assets    
Cash and cash equivalents 21 21
Accounts receivable (less reserve:)    
Customer 122 74
Other 9 13
Accounts receivable from affiliates    7
Unbilled revenues 95 84
Fuel, materials and supplies 124 134
Prepayments 4 10
Price risk management assets from affiliates    7
Regulatory assets 10   
Other current assets 6 6
Total Current Assets 391 356
Property, Plant and Equipment    
Regulated utility plant 5,143 4,886
Less: accumulated depreciation - regulated utility plant 446 299
Regulated utility plant, net 4,697 4,587
Non-regulated property, plant and equipment    
Other, net 1 1
Construction work in progress 1,139 490
Property, Plant and Equipment, net 5,837 5,078
Other Noncurrent Assets    
Regulatory assets 171 230
Goodwill 607 607
Other intangibles 101 127
Other noncurrent assets 56 57
Total Other Noncurrent Assets 935 1,021
Total Assets 7,163 6,455
Current Liabilities    
Short-term debt 150 70
Accounts payable 159 147
Accounts payable to affiliates 25 33
Taxes 33 26
Interest 11 10
Regulatory liabilities 5 5
Customer deposits 26 25
Other current liabilities 36 33
Total Current Liabilities 445 349
Long-term Debt 2,091 1,842
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 658 587
Investment tax credits 97 98
Accrued pension obligations 11 104
Asset retirement obligations 177 69
Regulatory liabilities 551 531
Other deferred credits and noncurrent liabilities 89 92
Total Deferred Credits and Other Noncurrent Liabilities 1,583 1,481
Commitments and Contingent Liabilities      
Equity    
Common stock 308 [4] 308 [4]
Additional paid-in capital 2,505 2,348
Earnings reinvested 230 126
Accumulated other comprehensive income (loss) 1 1
Total Stockholders' Equity 3,044 2,783
Total Liabilities and Equity $ 7,163 $ 6,455
[1] 780,000 shares authorized; 630,321 and 581,944 shares issued and outstanding at December 31, 2013 and 2012.
[2] 170,000 shares authorized; 66,368 shares issued and outstanding at December 31, 2013 and 2012.
[3] 75,000 shares authorized; 21,294 shares issued and outstanding at December 31, 2013 and December 31, 2012.
[4] 80,000 shares authorized; 37,818 shares issued and outstanding at December 31, 2013 and December 31, 2012.