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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Operating Revenues        
Utility $ 1,830 $ 1,655 $ 3,992 $ 3,605
Unregulated wholesale energy 591 1,401 (838) 1,544
Unregulated retail energy 280 257 629 494
Energy-related businesses 173 137 314 264
Total Operating Revenues 2,874 3,450 4,097 5,907
Operation        
Fuel 491 441 1,249 970
Energy purchases 351 1,051 (1,143) 1,108
Other operation and maintenance 741 698 1,438 1,374
Depreciation 312 286 617 570
Taxes, other than income 93 86 197 182
Energy-related businesses 168 130 306 252
Total Operating Expenses 2,156 2,692 2,664 4,456
Operating Income (Loss) 718 758 1,433 1,451
Other Income (Expense) - net (82) 13 (105) 135
Interest Expense 258 258 522 509
Income (Loss) Before Income Taxes 378 513 806 1,077
Income Taxes 149 109 261 260
Income (Loss) from Continuing Operations After Income Taxes 229 404 545 817
Income (Loss) from Discontinued Operations (net of income taxes)    1    1
Net Income (Loss) 229 405 545 818
Net Income (Loss) Attributable to Shareowners 229 405 545 818
Amounts Attributable to Shareowners:        
Income from Continuing Operations After Income Taxes 229 404 545 817
Income (Loss) from Discontinued Operations (net of income taxes)    1    1
Net Income 229 405 545 818
Income from Continuing Operations After Income Taxes Available to PPL Common Shareowners:        
Basic (in dollars per share) $ 0.35 $ 0.68 $ 0.84 $ 1.39
Diluted (in dollars per share) $ 0.34 $ 0.63 $ 0.83 $ 1.28
Net Income Available to PPL Common Shareowners:        
Basic (in dollars per share) $ 0.35 $ 0.68 $ 0.84 $ 1.39
Diluted (in dollars per share) $ 0.34 $ 0.63 $ 0.83 $ 1.28
Dividends Declared Per Share of Common Stock $ 0.3725 $ 0.3675 $ 0.7450 $ 0.7350
Weighted-Average Shares of Common Stock Outstanding (in thousands)        
Basic 653,132 589,834 642,002 586,683
Diluted 665,792 664,615 664,927 661,263
PPL Energy Supply LLC [Member]
       
Operating Revenues        
Unregulated wholesale energy 591 1,401 (838) 1,544
Unregulated retail energy 281 257 632 495
Revenue to affiliates 21 12 48 26
Energy-related businesses 155 122 280 235
Total Operating Revenues 1,048 1,792 122 2,300
Operation        
Fuel 259 224 741 522
Energy purchases 203 898 (1,601) 699
Other operation and maintenance 296 270 554 505
Depreciation 82 79 162 157
Taxes, other than income 16 16 37 33
Energy-related businesses 155 118 279 228
Total Operating Expenses 1,011 1,605 172 2,144
Operating Income (Loss) 37 187 (50) 156
Other Income (Expense) - net 8 12 14 16
Interest Expense 35 46 69 92
Income (Loss) Before Income Taxes 10 153 (105) 80
Income Taxes (3) 67 (52) 32
Net Income (Loss) 13 86 (53) 48
Net Income (Loss) Attributable to Shareowners 13 86 (53) 48
Amounts Attributable to Shareowners:        
Net Income 13 86 (53) 48
PPL Electric Utilities Corp [Member]
       
Operating Revenues        
Total Operating Revenues 449 414 1,041 927
Operation        
Energy purchases - realized 114 120 303 292
Energy purchases from affiliates 21 12 48 26
Other operation and maintenance 135 124 269 257
Depreciation 45 44 90 87
Taxes, other than income 23 22 55 52
Total Operating Expenses 338 322 765 714
Operating Income (Loss) 111 92 276 213
Other Income (Expense) - net 1 2 3 3
Interest Expense 29 25 58 50
Income (Loss) Before Income Taxes 83 69 221 166
Income Taxes 31 24 84 57
Net Income (Loss) 52 [1] 45 [1] 137 [1] 109 [1]
LG And E And KU Energy LLC [Member]
       
Operating Revenues        
Total Operating Revenues 722 682 1,656 1,482
Operation        
Fuel 231 216 508 447
Energy purchases - realized 36 37 160 123
Other operation and maintenance 206 197 412 394
Depreciation 87 83 173 165
Taxes, other than income 13 12 26 24
Total Operating Expenses 573 545 1,279 1,153
Operating Income (Loss) 149 137 377 329
Other Income (Expense) - net (2)    (4) (2)
Interest Expense 41 36 83 73
Interest Expense with Affiliates    1    1
Income (Loss) Before Income Taxes 106 100 290 253
Income Taxes 41 37 110 94
Income (Loss) from Continuing Operations After Income Taxes 65 63 180 159
Income (Loss) from Discontinued Operations (net of income taxes)    1    1
Net Income (Loss) 65 [1] 64 [1] 180 [1] 160 [1]
Louisville Gas And Electric Co [Member]
       
Operating Revenues        
Retail electric 320 302 762 671
Revenue to affiliates 24 14 61 35
Total Operating Revenues 344 316 823 706
Operation        
Fuel 104 88 221 184
Energy purchases - realized 29 31 147 111
Energy purchases from affiliates 2 3 8 4
Other operation and maintenance 94 94 192 185
Depreciation 39 37 77 73
Taxes, other than income 7 6 13 12
Total Operating Expenses 275 259 658 569
Operating Income (Loss) 69 57 165 137
Other Income (Expense) - net (1) (1) (3) (2)
Interest Expense 12 10 24 20
Income (Loss) Before Income Taxes 56 46 138 115
Income Taxes 21 17 51 42
Net Income (Loss) 35 [2] 29 [2] 87 [2] 73 [2]
Kentucky Utilities Co [Member]
       
Operating Revenues        
Retail electric 402 380 894 811
Revenue to affiliates 2 3 8 4
Total Operating Revenues 404 383 902 815
Operation        
Fuel 127 128 287 263
Energy purchases - realized 7 6 13 12
Energy purchases from affiliates 24 14 61 35
Other operation and maintenance 107 98 205 195
Depreciation 47 46 95 92
Taxes, other than income 6 6 13 12
Total Operating Expenses 318 298 674 609
Operating Income (Loss) 86 85 228 206
Other Income (Expense) - net    2    1
Interest Expense 20 17 39 34
Income (Loss) Before Income Taxes 66 70 189 173
Income Taxes 26 26 72 65
Net Income (Loss) $ 40 [1] $ 44 [1] $ 117 [1] $ 108 [1]
[1] Net income approximates comprehensive income.
[2] Net income equals comprehensive income.