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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) (USD $)
In Millions, except Share data in Thousands
Total
USD ($)
Common Stock
USD ($)
Additional Paid-in Capital
USD ($)
Earnings Reinvested
USD ($)
Accumulated Other Comprehensive Loss
USD ($)
Non-controlling Interests
USD ($)
PPL Energy Supply LLC [Member]
USD ($)
PPL Energy Supply LLC [Member]
Common Stock
PPL Energy Supply LLC [Member]
Members Equity [Member]
USD ($)
PPL Energy Supply LLC [Member]
Non-controlling Interests
USD ($)
PPL Electric Utilities Corp [Member]
USD ($)
PPL Electric Utilities Corp [Member]
Common Stock
USD ($)
PPL Electric Utilities Corp [Member]
Additional Paid-in Capital
USD ($)
PPL Electric Utilities Corp [Member]
Earnings Reinvested
USD ($)
LG And E And KU Energy LLC [Member]
USD ($)
LG And E And KU Energy LLC [Member]
Members Equity [Member]
USD ($)
Louisville Gas And Electric Co [Member]
USD ($)
Louisville Gas And Electric Co [Member]
Common Stock
USD ($)
Louisville Gas And Electric Co [Member]
Additional Paid-in Capital
USD ($)
Louisville Gas And Electric Co [Member]
Earnings Reinvested
USD ($)
Kentucky Utilities Co [Member]
USD ($)
Kentucky Utilities Co [Member]
Common Stock
USD ($)
Kentucky Utilities Co [Member]
Additional Paid-in Capital
USD ($)
Kentucky Utilities Co [Member]
Earnings Reinvested
USD ($)
Kentucky Utilities Co [Member]
Accumulated Other Comprehensive Loss
USD ($)
Kentucky Utilities Co [Member]
Members Equity [Member]
USD ($)
Balance at beginning of period at Dec. 31, 2012                     $ 2,062 $ 364 $ 1,135 $ 563     $ 1,810 $ 424 $ 1,278 $ 108 $ 2,783 $ 308 $ 2,348 $ 126 $ 1  
Balance at beginning of period at Dec. 31, 2012 10,498 6 6,936 5,478 (1,940) 18                                        
Balance at beginning of period at Dec. 31, 2012                             3,786                      
Balance at beginning of period - shares at Dec. 31, 2012   581,944 [1]                   66,368 [2]           21,294 [3]       37,818 [4]        
Balance at beginning of period at Dec. 31, 2012             3,848   3,830 18                                
Common stock shares issued [1],[5]   1,270                                                
Common stock issued [5] 37   37                                              
Stock-based compensation [6] 15   15                                              
Net income (loss) 413     413     (38)   (38)   64 [7]     64 96 [7]   44 [8]     44 64 [7]     64    
Dividends, dividend equivalents and distributions [9] (215)     (215)                                            
Cash dividends declared on common stock                     (25)     (25)     (19)     (19) (13)     (13)    
Distributions to member             (313)   (313)             (4)                    
Contributions from member                               75                    
Capital Contributions From Parent                     60   60       25   25   50   50      
Other comprehensive income (loss) (206)       (206)   (3)   (3)           (1)                      
Balance at end of period at Mar. 31, 2013                     2,161 364 1,195 602     1,860 424 1,303 133 2,884 308 2,398 177 1  
Balance at end of period at Mar. 31, 2013 10,542 6 6,988 5,676 (2,146) 18                                        
Balance at end of period at Mar. 31, 2013                             3,952                      
Balance at end of period - shares at Mar. 31, 2013   583,214 [1]                   66,368 [2]           21,294 [3]       37,818 [4]        
Balance at end of period at Mar. 31, 2013             3,494   3,476 18                                
Balance at beginning of period at Dec. 31, 2013 12,466                   2,349 364 1,340 645     1,960 424 1,364 172 3,044 308 2,505 230 1  
Balance at beginning of period at Dec. 31, 2013   6 8,316 5,709 (1,565)                                          
Balance at beginning of period at Dec. 31, 2013             4,798               4,150                      
Balance at beginning of period - shares at Dec. 31, 2013 630,321 630,321 [1]           66,368 [2]     66,368           21,294 21,294 [3]     37,818 37,818 [4]        
Balance at beginning of period at Dec. 31, 2013                 4,798                                  
Common stock shares issued [1],[5]   1,096                                                
Common stock issued [5] 30   30                                              
Stock-based compensation [6] 6   6                                              
Net income (loss) 316     316     (66)   (66)   85 [7]     85 115 [7]   52 [8]     52 77 [7]     77    
Dividends, dividend equivalents and distributions [9] (237)     (237)                                            
Cash dividends declared on common stock                     (32)     (32)     (27)     (27) (37)     (37)    
Distributions to member             (654)   (654)             (104)                    
Contributions from member                               40                    
Capital Contributions From Parent                     65   65               40   40      
Other comprehensive income (loss) 136       136   1   1           (1)           (1)       (1)  
Balance at end of period at Mar. 31, 2014 12,717                   2,467 364 1,405 698     1,985 424 1,364 197 3,123 308 2,545 270     
Balance at end of period at Mar. 31, 2014   6 8,352 5,788 (1,429)                                          
Balance at end of period at Mar. 31, 2014             4,079               4,200                      
Balance at end of period - shares at Mar. 31, 2014 631,417 631,417 [1]                 66,368 66,368 [2]         21,294 21,294 [3]     37,818 37,818 [4]        
Balance at end of period at Mar. 31, 2014                 $ 4,079                                  
[1] Shares in thousands. Each share entitles the holder to one vote on any question presented at any shareowners' meeting.
[2] Shares in thousands. All common shares of PPL Electric stock are owned by PPL.
[3] Shares in thousands. All common shares of LG&E stock are owned by LKE.
[4] Shares in thousands. All common shares of KU stock are owned by LKE.
[5] Each period includes shares of common stock issued through various stock and incentive compensation plans.
[6] The three months ended March 31, 2014 and 2013 include $27 million and $28 million of stock-based compensation expense related to new and existing unvested equity awards. These periods also include $(21) million and $(13) million related primarily to the reclassification from "Stock-based compensation" to "Common stock issued" for the issuance of common stock after applicable equity award vesting periods and tax adjustments related to stock-based compensation.
[7] Net income approximates comprehensive income.
[8] Net income equals comprehensive income.
[9] "Earnings reinvested" includes dividends and dividend equivalents on PPL common stock and restricted stock units.