XML 77 R67.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income and Other Taxes (Credit Carryforwards and Valuation Allowances and Reserves) (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Valuation Allowances and Reserves (Details) [Roll Forward]      
Additions charged to other accounts       
Reduction of the valuation allowance as a result of the reduction in the UK statutory income tax rate 67,000,000 46,000,000  
Permanently reinvested cumulative undistributed foreign earnings 2,900,000,000 2,000,000,000  
Valuation Allowance Of Deferred Tax Assets [Member]
     
Valuation Allowances and Reserves (Details) [Roll Forward]      
Balance at beginning of period 706,000,000 724,000,000 464,000,000
Additions charged to income 29,000,000 18,000,000 190,000,000
Additions charged to other accounts    10,000,000 112,000,000 [1]
Deductions 72,000,000 [2] 46,000,000 [2] 42,000,000 [2]
Balance at end of period 663,000,000 706,000,000 724,000,000
Valuation allowance recorded against certain deferred tax assets as a result of the WPD Midlands acquisition     101,000,000
Reduction of the valuation allowance as a result of the reduction in the UK statutory income tax rate     35,000,000
Investment Tax Credit [Member] | Federal [Member]
     
Credit carryforwards      
Credit carryforwards, amount 245,000,000    
Investment Tax Credit [Member] | Federal [Member] | Minimum [Member]
     
Credit carryforwards      
Expiration 2025-12-31    
Investment Tax Credit [Member] | Federal [Member] | Maximum [Member]
     
Credit carryforwards      
Expiration 2033-12-31    
Alternative Minimum Tax Credit [Member] | Federal [Member]
     
Credit carryforwards      
Credit carryforwards, amount 32,000,000    
Foreign Tax Credit [Member] | Federal [Member]
     
Credit carryforwards      
Credit carryforwards, amount 17,000,000    
Foreign Tax Credit [Member] | Federal [Member] | Minimum [Member]
     
Credit carryforwards      
Expiration 2017-12-31    
Foreign Tax Credit [Member] | Federal [Member] | Maximum [Member]
     
Credit carryforwards      
Expiration 2023-12-31    
Other [Member] | Federal [Member]
     
Credit carryforwards      
Credit carryforwards, amount 35,000,000    
Other [Member] | Federal [Member] | Minimum [Member]
     
Credit carryforwards      
Expiration 2016-12-31    
Other [Member] | Federal [Member] | Maximum [Member]
     
Credit carryforwards      
Expiration 2033-12-31    
Other [Member] | State [Member]
     
Credit carryforwards      
Credit carryforwards, amount 5,000,000    
Expiration 2022-12-31    
PPL Energy Supply LLC [Member] | Valuation Allowance Of Deferred Tax Assets [Member]
     
Valuation Allowances and Reserves (Details) [Roll Forward]      
Balance at beginning of period 74,000,000 72,000,000 408,000,000
Additions charged to income 4,000,000 2,000,000 22,000,000
Additions charged to other accounts         
Deductions       358,000,000 [3]
Balance at end of period 78,000,000 74,000,000 72,000,000
PPL Energy Supply LLC [Member] | Investment Tax Credit [Member] | Federal [Member]
     
Credit carryforwards      
Credit carryforwards, amount 120,000,000    
PPL Energy Supply LLC [Member] | Investment Tax Credit [Member] | Federal [Member] | Minimum [Member]
     
Credit carryforwards      
Expiration 2031-12-31    
PPL Energy Supply LLC [Member] | Investment Tax Credit [Member] | Federal [Member] | Maximum [Member]
     
Credit carryforwards      
Expiration 2033-12-31    
PPL Energy Supply LLC [Member] | Other [Member] | Federal [Member]
     
Credit carryforwards      
Credit carryforwards, amount 9,000,000    
PPL Energy Supply LLC [Member] | Other [Member] | Federal [Member] | Minimum [Member]
     
Credit carryforwards      
Expiration 2031-12-31    
PPL Energy Supply LLC [Member] | Other [Member] | Federal [Member] | Maximum [Member]
     
Credit carryforwards      
Expiration 2033-12-31    
LG And E And KU Energy LLC [Member] | Valuation Allowance Of Deferred Tax Assets [Member]
     
Valuation Allowances and Reserves (Details) [Roll Forward]      
Balance at beginning of period 5,000,000 5,000,000 6,000,000
Additions charged to other accounts         
Deductions 1,000,000 [4]    1,000,000 [4]
Balance at end of period 4,000,000 5,000,000 5,000,000
LG And E And KU Energy LLC [Member] | Investment Tax Credit [Member] | Federal [Member]
     
Credit carryforwards      
Credit carryforwards, amount 125,000,000    
LG And E And KU Energy LLC [Member] | Investment Tax Credit [Member] | Federal [Member] | Minimum [Member]
     
Credit carryforwards      
Expiration 2025-12-31    
LG And E And KU Energy LLC [Member] | Investment Tax Credit [Member] | Federal [Member] | Maximum [Member]
     
Credit carryforwards      
Expiration 2028-12-31    
LG And E And KU Energy LLC [Member] | Alternative Minimum Tax Credit [Member] | Federal [Member]
     
Credit carryforwards      
Credit carryforwards, amount 28,000,000    
LG And E And KU Energy LLC [Member] | Other [Member] | Federal [Member]
     
Credit carryforwards      
Credit carryforwards, amount 26,000,000    
LG And E And KU Energy LLC [Member] | Other [Member] | Federal [Member] | Minimum [Member]
     
Credit carryforwards      
Expiration 2016-12-31    
LG And E And KU Energy LLC [Member] | Other [Member] | Federal [Member] | Maximum [Member]
     
Credit carryforwards      
Expiration 2033-12-31    
LG And E And KU Energy LLC [Member] | Other [Member] | State [Member]
     
Credit carryforwards      
Credit carryforwards, amount $ 9,000,000    
Expiration 2022-12-31    
[1] Primarily related to a $101 million valuation allowance that was recorded against certain deferred tax assets as a result of the 2011 acquisition of WPD Midlands. See Note 10 for additional information on the acquisition.
[2] The reductions of the U.K. statutory income tax rate in 2013, 2012 and 2011 resulted in $67 million, $46 million and $35 million in reductions in deferred tax assets and the corresponding valuation allowances. See "Reconciliation of Income Tax Expense" below for more information on the impact of the U.K. Finance Acts of 2013, 2012 and 2011.
[3] During 2011, PPL Energy Supply distributed its membership interest in PPL Global to PPL Energy Funding. See Note 9 for additional information.
[4] Primarily related to the expiration of state capital loss carryforwards.