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Fair Value Measurements and Credit Concentration (Tables)
 6 Months Ended
Jun. 30, 2014
Fair Value Measurements and Credit Concentration [Line Items]  
Fair Value of Assets and Liabilities Measured on Recurring Basis

The assets and liabilities measured at fair value were:

     June 30, 2014 December 31, 2013
     Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3
PPL                        
Assets                        
 Cash and cash equivalents  $ 1,269 $ 1,269       $ 1,102 $ 1,102      
 Restricted cash and cash equivalents (a)   408   408         156   156      
 Price risk management assets:                        
  Energy commodities   1,374   2 $ 1,206 $ 166   1,188   3 $ 1,123 $ 62
  Interest rate swaps   1      1      91      91   
  Foreign currency contracts   2      2               
 Total price risk management assets   1,377   2   1,209   166   1,279   3   1,214   62
 NDT funds:                        
  Cash and cash equivalents   16   16         14   14      
  Equity securities                        
   U.S. large-cap   580   432   148      547   409   138   
   U.S. mid/small-cap   85   35   50      81   33   48   
  Debt securities                        
   U.S. Treasury   97   97         95   95      
   U.S. government sponsored agency   6      6      6      6   
   Municipality   78      78      77      77   
   Investment-grade corporate   41      41      38      38   
   Other   6      6      5      5   
  Receivables (payables), net   2      2      1   (1)   2   
 Total NDT funds   911   580   331      864   550   314   
 Auction rate securities (b)   16         16   19         19
Total assets $ 3,981 $ 2,259 $ 1,540 $ 182 $ 3,420 $ 1,811 $ 1,528 $ 81
                            
Liabilities                        
 Price risk management liabilities:                        
  Energy commodities $ 1,480 $ 2 $ 1,386 $ 92 $ 1,070 $ 4 $ 1,028 $ 38
  Interest rate swaps   54      54      36      36   
  Foreign currency contracts   176      176      106      106   
  Cross-currency swaps   47      47      32      32   
 Total price risk management liabilities $ 1,757 $ 2 $ 1,663 $ 92 $ 1,244 $ 4 $ 1,202 $ 38
                            
PPL Energy Supply                        
Assets                        
 Cash and cash equivalents $ 264 $ 264       $ 239 $ 239      
 Restricted cash and cash equivalents (a)   343   343         85   85      
 Price risk management assets:                        
  Energy commodities   1,374   2 $ 1,206 $ 166   1,188   3 $ 1,123 $ 62
 Total price risk management assets   1,374   2   1,206   166   1,188   3   1,123   62
 NDT funds:                        
  Cash and cash equivalents   16   16         14   14      
  Equity securities                        
   U.S. large-cap   580   432   148      547   409   138   
   U.S. mid/small-cap   85   35   50      81   33   48   
  Debt securities                        
   U.S. Treasury   97   97         95   95      
   U.S. government sponsored agency   6      6      6      6   
   Municipality   78      78      77      77   
   Investment-grade corporate   41      41      38      38   
   Other   6      6      5      5   
  Receivables (payables), net   2      2      1   (1)   2   
 Total NDT funds   911   580   331      864   550   314   
 Auction rate securities (b)   13         13   16         16
Total assets $ 2,905 $ 1,189 $ 1,537 $ 179 $ 2,392 $ 877 $ 1,437 $ 78
                            
Liabilities                        
 Price risk management liabilities:                        
  Energy commodities $ 1,480 $ 2 $ 1,386 $ 92 $ 1,070 $ 4 $ 1,028 $ 38
 Total price risk management liabilities $ 1,480 $ 2 $ 1,386 $ 92 $ 1,070 $ 4 $ 1,028 $ 38
                            
PPL Electric                        
Assets                        
 Cash and cash equivalents $ 149 $ 149       $ 25 $ 25      
 Restricted cash and cash equivalents (c)   3   3         12   12      
Total assets $ 152 $ 152       $ 37 $ 37      

LKE                        
Assets                        
 Cash and cash equivalents  $ 23 $ 23       $ 35 $ 35      
 Restricted cash and cash equivalents (d)   21   21         22   22      
Total assets $ 44 $ 44       $ 57 $ 57      
                            
Liabilities                        
 Price risk management liabilities:                        
  Interest rate swaps  $ 42    $ 42    $ 36    $ 36   
Total price risk management liabilities $ 42    $ 42    $ 36    $ 36   
                            
LG&E                        
Assets                        
 Cash and cash equivalents $ 5 $ 5       $ 8 $ 8      
 Restricted cash and cash equivalents (d)   21   21         22   22      
Total assets $ 26 $ 26       $ 30 $ 30      
                            
Liabilities                        
 Price risk management liabilities:                        
  Interest rate swaps  $ 42    $ 42    $ 36    $ 36   
Total price risk management liabilities $ 42    $ 42    $ 36    $ 36   
                            
KU                        
Assets                        
 Cash and cash equivalents $ 18 $ 18       $ 21 $ 21      
Total assets $ 18 $ 18       $ 21 $ 21      

(a)       Current portion is included in "Restricted cash and cash equivalents" and long-term portion is included in "Other noncurrent assets" on the Balance Sheets.

(b)       Included in "Other investments" on the Balance Sheets.

(c)       Current portion is included in "Other current assets" and long-term portion is included in "Other noncurrent assets" on the Balance Sheets.

(d)       Included in "Other noncurrent assets" on the Balance Sheets.

Reconciliation of Net Assets and Liabilities Classified as Level 3
A reconciliation of net assets and liabilities classified as Level 3 for the periods ended June 30, 2014 is as follows:
                             
      Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
      Three Months Six Months
      Energy  Auction  Cross-    Energy  Auction Cross-   
      Commodities, Rate  Currency    Commodities,  Rate  Currency   
       net Securities Swaps Total  net Securities Swaps Total
PPL                        
Balance at beginning of                        
 period $ 17 $ 16    $ 33 $ 24 $ 19    $ 43
  Total realized/unrealized                         
   gains (losses)                        
    Included in earnings   72         72   (63)         (63)
    Included in OCI (a)                   $ (1)   (1)
  Purchases   (6)         (6)   (6)         (6)
  Sales                  (3)      (3)
  Settlements   (9)         (9)   119         119
  Transfers out of Level 3                     1   1
Balance at end of period $ 74 $ 16    $ 90 $ 74 $ 16 $  $90
                             
PPL Energy Supply                        
Balance at beginning of                         
 period $ 17 $ 13    $ 30 $ 24 $ 16    $ 40
  Total realized/unrealized                         
   gains (losses)                        
    Included in earnings   72         72   (63)         (63)
  Purchases   (6)         (6)   (6)         (6)
  Sales                  (3)      (3)
  Settlements   (9)         (9)   119         119
Balance at end of period $ 74 $ 13    $ 87 $ 74 $ 13    $ 87

(a)       "Energy Commodities, net" and "Cross-Currency Swaps" are included in "Qualifying derivatives" and "Auction Rate Securities" are included in "Available-for-sale securities" on the Statements of Comprehensive Income.

A reconciliation of net assets and liabilities classified as Level 3 for the periods ended June 30, 2013 is as follows:
                             
      Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
      Three Months Six Months
      Energy  Auction  Cross-    Energy  Auction Cross-   
      Commodities, Rate  Currency    Commodities,  Rate  Currency   
       net Securities Swaps Total  net Securities Swaps Total
PPL                        
Balance at beginning of                         
 period $ 14 $ 16    $ 30 $ 22 $ 16 $ 1 $ 39
  Total realized/unrealized                        
   gains (losses)                        
    Included in earnings   14         14   6         6
    Included in OCI (a)                     3   3
  Sales   (2)         (2)   (2)         (2)
  Settlements   4         4   3         3
  Transfers into Level 3   6   3 $ 3   12   7   3   3   13
  Transfers out of Level 3   4         4   4      (4)   
Balance at end of period $ 40 $ 19 $ 3 $ 62 $ 40 $ 19 $ 3 $ 62
                             
PPL Energy Supply                        
Balance at beginning of                        
 period $ 14 $ 13    $ 27 $ 22 $ 13    $ 35
  Total realized/unrealized                        
   gains (losses)                        
    Included in earnings   14         14   6         6
  Sales   (2)         (2)   (2)         (2)
  Settlements   4         4   3         3
  Transfers into Level 3   6   3      9   7   3      10
  Transfers out of Level 3   4         4   4         4
Balance at end of period $ 40 $ 16    $ 56 $ 40 $ 16    $ 56

(a)       "Energy Commodities, net" and "Cross-Currency Swaps" are included in "Qualifying derivatives" and "Auction Rate Securities" are included in "Available-for-sale securities" on the Statements of Comprehensive Income.

Significant Unobservable Inputs Used in Fair Value Measurement of Assets and Liabilities Classified as Level 3

The significant unobservable inputs used in and quantitative information about the fair value measurement of assets and liabilities classified as Level 3 are as follows:

    June 30, 2014
    Fair Value, net     Range
    Asset Valuation  Unobservable (Weighted
    (Liability) Technique Input(s) Average) (a)
PPL            
Energy commodities       
 Natural gas contracts (b) $ 7 Discounted cash flow Proprietary model used to calculate forward prices 14% - 100% (35%)
 Power sales contracts (c)   (63) Discounted cash flow Proprietary model used to calculate forward prices 14% - 100% (79%)
 FTR purchase contracts (d)   6 Discounted cash flow Historical settled prices used to model forward prices  100% (100%)
 Heat rate options (e)   124 Discounted cash flow Proprietary model used to calculate forward prices 22% - 100% (44%)
           
Auction rate securities (f)   16 Discounted cash flow Modeled from SIFMA Index 58% - 75% (67%)
           
              
PPL Energy Supply            
Energy commodities            
 Natural gas contracts (b) $ 7 Discounted cash flow Proprietary model used to calculate forward prices 14% - 100% (35%)
 Power sales contracts (c)   (63) Discounted cash flow Proprietary model used to calculate forward prices 14% - 100% (79%)
 FTR purchase contracts (d)   6 Discounted cash flow Historical settled prices used to model forward prices 100% (100%)
 Heat rate options (e)   124 Discounted cash flow Proprietary model used to calculate forward prices 22% - 100% (44%)
           
Auction rate securities (f)   13 Discounted cash flow Modeled from SIFMA Index 59% - 75% (68%)

    December 31, 2013
    Fair Value, net     Range
    Asset Valuation  Unobservable (Weighted
    (Liability) Technique Input(s) Average) (a)
PPL            
Energy commodities       
 Natural gas contracts (b) $ 36 Discounted cash flow Proprietary model used to calculate forward prices 10% - 100% (86%)
 Power sales contracts (c)   (12) Discounted cash flow Proprietary model used to calculate forward prices 100% - 100% (100%)
           
Auction rate securities (f)   19 Discounted cash flow Modeled from SIFMA Index 10% - 80% (63%)
           
              
PPL Energy Supply            
Energy commodities            
 Natural gas contracts (b) $ 36 Discounted cash flow Proprietary model used to calculate forward prices 10% - 100% (86%)
 Power sales contracts (c)   (12) Discounted cash flow Proprietary model used to calculate forward prices 100% - 100% (100%)
           
Auction rate securities (f)   16 Discounted cash flow Modeled from SIFMA Index 10% - 80% (63%)

(a)       For energy commodities and auction rate securities, the range and weighted average represent the percentage of fair value derived from the unobservable inputs.

(b)       As the forward price of natural gas increases/(decreases), the fair value of purchase contracts increases/(decreases). As the forward price of natural gas increases/(decreases), the fair value of sales contracts (decreases)/increases.

(c)       As forward market prices increase/(decrease), the fair value of contracts (decreases)/increases. As volumetric assumptions for contracts in a gain position increase/(decrease), the fair value of contracts increases/(decreases). As volumetric assumptions for contracts in a loss position increase/(decrease), the fair value of the contracts (decreases)/increases.

(d)       As the forward implied spread increases/(decreases), the fair value of the contracts increases/(decreases).

(e)       The proprietary model used to calculate fair value incorporates market heat rates, correlations and volatilities. As the market implied heat rate increases/(decreases), the fair value of the contracts increases/(decreases).

(f)       The model used to calculate fair value incorporates an assumption that the auctions will continue to fail. As the modeled forward rates of the SIFMA Index increase/(decrease), the fair value of the securities increases/(decreases).

The significant unobservable inputs used in and the quantitative information about the nonrecurring fair value measurement of assets and liabilities classified as Level 3 are as follows:
             
    
   Fair Value, net   Significant Range
   Asset Valuation  Unobservable (Weighted
   (Liability) Technique Input(s) Average)(a)
             
PPL and PPL Energy Supply           
Kerr Dam Project           
 March 31, 2014$29 Discounted cash flow Proprietary model used to calculate plant value 38% (38%)

(a)       The range and weighted average represent the percentage of fair value derived from the unobservable inputs.

Fair Value of Assets and Liabilities Classified as Level 3 Measured on Recurring Basis Included in Earnings

Net gains and losses on assets and liabilities classified as Level 3 and included in earnings for the periods ended June 30 are reported in the Statements of Income as follows:

   Three Months
   Energy Commodities, net
   Unregulated Unregulated Energy
   Wholesale Energy Retail Energy Purchases
   2014 2013 2014 2013 2014 2013
PPL and PPL Energy Supply                  
Total gains (losses) included in earnings  $ 58 $ (7) $ 12 $ 22 $ 2 $ (1)
Change in unrealized gains (losses) relating                   
 to positions still held at the reporting date   47   (7)   10   22   (4)   1

   Six Months
   Energy Commodities, net
   Unregulated Unregulated Energy
   Wholesale Energy Retail Energy Purchases
   2014 2013 2014 2013 2014 2013
PPL and PPL Energy Supply                  
Total gains (losses) included in earnings $ (31) $ (9) $ (51) $ 15 $ 19   
Change in unrealized gains (losses) relating                  
 to positions still held at the reporting date   44   (9)   (21)   17   (3) $ 2
Fair Value of Assets and Liabilities Measured on Nonrecurring Basis

The following nonrecurring fair value measurement occurred during the six months ended June 30, 2014, resulting in an asset impairment:

    CarryingFair Value Measurement Using   
   Amount (a) Level 3 Loss (b)
PPL and PPL Energy Supply         
Kerr Dam Project $ 47 $ 29 $ 18

(a)       Represents carrying value before fair value measurement.

(b)       The loss on the Kerr Dam Project was recorded in the Supply segment and included in "Other operation and maintenance" on PPL's and PPL Energy Supply's Statement of Income.

Fair Value of Financial Instruments Not Recorded at Fair Value - Other

The carrying amounts of contract adjustment payments related to the 2011 Purchase Contract component of the 2011 Equity Units and long-term debt on the Balance Sheets and their estimated fair values are set forth below.

   June 30, 2014 December 31, 2013
   Carrying    Carrying   
   Amount Fair Value Amount Fair Value
Contract adjustment payments (a)            
 PPL       $ 21 $ 22
Long-term debt            
 PPL $ 21,123 $ 22,958   20,907   22,177
 PPL Energy Supply   2,523   2,630   2,525   2,658
 PPL Electric   2,602   2,915   2,315   2,483

 LKE    4,566   4,879   4,565   4,672
 LG&E   1,353   1,428   1,353   1,372
 KU   2,091   2,264   2,091   2,155

(a)       Included in "Other current liabilities" on the Balance Sheets.

PPL Energy Supply LLC [Member]
  
Fair Value Measurements and Credit Concentration [Line Items]  
Reconciliation of Net Assets and Liabilities Classified as Level 3
A reconciliation of net assets and liabilities classified as Level 3 for the periods ended June 30, 2014 is as follows:
                             
      Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
      Three Months Six Months
      Energy  Auction  Cross-    Energy  Auction Cross-   
      Commodities, Rate  Currency    Commodities,  Rate  Currency   
       net Securities Swaps Total  net Securities Swaps Total
PPL                        
Balance at beginning of                        
 period $ 17 $ 16    $ 33 $ 24 $ 19    $ 43
  Total realized/unrealized                         
   gains (losses)                        
    Included in earnings   72         72   (63)         (63)
    Included in OCI (a)                   $ (1)   (1)
  Purchases   (6)         (6)   (6)         (6)
  Sales                  (3)      (3)
  Settlements   (9)         (9)   119         119
  Transfers out of Level 3                     1   1
Balance at end of period $ 74 $ 16    $ 90 $ 74 $ 16 $  $90
                             
PPL Energy Supply                        
Balance at beginning of                         
 period $ 17 $ 13    $ 30 $ 24 $ 16    $ 40
  Total realized/unrealized                         
   gains (losses)                        
    Included in earnings   72         72   (63)         (63)
  Purchases   (6)         (6)   (6)         (6)
  Sales                  (3)      (3)
  Settlements   (9)         (9)   119         119
Balance at end of period $ 74 $ 13    $ 87 $ 74 $ 13    $ 87

(a)       "Energy Commodities, net" and "Cross-Currency Swaps" are included in "Qualifying derivatives" and "Auction Rate Securities" are included in "Available-for-sale securities" on the Statements of Comprehensive Income.

A reconciliation of net assets and liabilities classified as Level 3 for the periods ended June 30, 2013 is as follows:
                             
      Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
      Three Months Six Months
      Energy  Auction  Cross-    Energy  Auction Cross-   
      Commodities, Rate  Currency    Commodities,  Rate  Currency   
       net Securities Swaps Total  net Securities Swaps Total
PPL                        
Balance at beginning of                         
 period $ 14 $ 16    $ 30 $ 22 $ 16 $ 1 $ 39
  Total realized/unrealized                        
   gains (losses)                        
    Included in earnings   14         14   6         6
    Included in OCI (a)                     3   3
  Sales   (2)         (2)   (2)         (2)
  Settlements   4         4   3         3
  Transfers into Level 3   6   3 $ 3   12   7   3   3   13
  Transfers out of Level 3   4         4   4      (4)   
Balance at end of period $ 40 $ 19 $ 3 $ 62 $ 40 $ 19 $ 3 $ 62
                             
PPL Energy Supply                        
Balance at beginning of                        
 period $ 14 $ 13    $ 27 $ 22 $ 13    $ 35
  Total realized/unrealized                        
   gains (losses)                        
    Included in earnings   14         14   6         6
  Sales   (2)         (2)   (2)         (2)
  Settlements   4         4   3         3
  Transfers into Level 3   6   3      9   7   3      10
  Transfers out of Level 3   4         4   4         4
Balance at end of period $ 40 $ 16    $ 56 $ 40 $ 16    $ 56

(a)       "Energy Commodities, net" and "Cross-Currency Swaps" are included in "Qualifying derivatives" and "Auction Rate Securities" are included in "Available-for-sale securities" on the Statements of Comprehensive Income.

Significant Unobservable Inputs Used in Fair Value Measurement of Assets and Liabilities Classified as Level 3

The significant unobservable inputs used in and quantitative information about the fair value measurement of assets and liabilities classified as Level 3 are as follows:

    June 30, 2014
    Fair Value, net     Range
    Asset Valuation  Unobservable (Weighted
    (Liability) Technique Input(s) Average) (a)
PPL            
Energy commodities       
 Natural gas contracts (b) $ 7 Discounted cash flow Proprietary model used to calculate forward prices 14% - 100% (35%)
 Power sales contracts (c)   (63) Discounted cash flow Proprietary model used to calculate forward prices 14% - 100% (79%)
 FTR purchase contracts (d)   6 Discounted cash flow Historical settled prices used to model forward prices  100% (100%)
 Heat rate options (e)   124 Discounted cash flow Proprietary model used to calculate forward prices 22% - 100% (44%)
           
Auction rate securities (f)   16 Discounted cash flow Modeled from SIFMA Index 58% - 75% (67%)
           
              
PPL Energy Supply            
Energy commodities            
 Natural gas contracts (b) $ 7 Discounted cash flow Proprietary model used to calculate forward prices 14% - 100% (35%)
 Power sales contracts (c)   (63) Discounted cash flow Proprietary model used to calculate forward prices 14% - 100% (79%)
 FTR purchase contracts (d)   6 Discounted cash flow Historical settled prices used to model forward prices 100% (100%)
 Heat rate options (e)   124 Discounted cash flow Proprietary model used to calculate forward prices 22% - 100% (44%)
           
Auction rate securities (f)   13 Discounted cash flow Modeled from SIFMA Index 59% - 75% (68%)

    December 31, 2013
    Fair Value, net     Range
    Asset Valuation  Unobservable (Weighted
    (Liability) Technique Input(s) Average) (a)
PPL            
Energy commodities       
 Natural gas contracts (b) $ 36 Discounted cash flow Proprietary model used to calculate forward prices 10% - 100% (86%)
 Power sales contracts (c)   (12) Discounted cash flow Proprietary model used to calculate forward prices 100% - 100% (100%)
           
Auction rate securities (f)   19 Discounted cash flow Modeled from SIFMA Index 10% - 80% (63%)
           
              
PPL Energy Supply            
Energy commodities            
 Natural gas contracts (b) $ 36 Discounted cash flow Proprietary model used to calculate forward prices 10% - 100% (86%)
 Power sales contracts (c)   (12) Discounted cash flow Proprietary model used to calculate forward prices 100% - 100% (100%)
           
Auction rate securities (f)   16 Discounted cash flow Modeled from SIFMA Index 10% - 80% (63%)

(a)       For energy commodities and auction rate securities, the range and weighted average represent the percentage of fair value derived from the unobservable inputs.

(b)       As the forward price of natural gas increases/(decreases), the fair value of purchase contracts increases/(decreases). As the forward price of natural gas increases/(decreases), the fair value of sales contracts (decreases)/increases.

(c)       As forward market prices increase/(decrease), the fair value of contracts (decreases)/increases. As volumetric assumptions for contracts in a gain position increase/(decrease), the fair value of contracts increases/(decreases). As volumetric assumptions for contracts in a loss position increase/(decrease), the fair value of the contracts (decreases)/increases.

(d)       As the forward implied spread increases/(decreases), the fair value of the contracts increases/(decreases).

(e)       The proprietary model used to calculate fair value incorporates market heat rates, correlations and volatilities. As the market implied heat rate increases/(decreases), the fair value of the contracts increases/(decreases).

(f)       The model used to calculate fair value incorporates an assumption that the auctions will continue to fail. As the modeled forward rates of the SIFMA Index increase/(decrease), the fair value of the securities increases/(decreases).

The significant unobservable inputs used in and the quantitative information about the nonrecurring fair value measurement of assets and liabilities classified as Level 3 are as follows:
             
    
   Fair Value, net   Significant Range
   Asset Valuation  Unobservable (Weighted
   (Liability) Technique Input(s) Average)(a)
             
PPL and PPL Energy Supply           
Kerr Dam Project           
 March 31, 2014$29 Discounted cash flow Proprietary model used to calculate plant value 38% (38%)

(a)       The range and weighted average represent the percentage of fair value derived from the unobservable inputs.

Fair Value of Assets and Liabilities Classified as Level 3 Measured on Recurring Basis Included in Earnings

Net gains and losses on assets and liabilities classified as Level 3 and included in earnings for the periods ended June 30 are reported in the Statements of Income as follows:

   Three Months
   Energy Commodities, net
   Unregulated Unregulated Energy
   Wholesale Energy Retail Energy Purchases
   2014 2013 2014 2013 2014 2013
PPL and PPL Energy Supply                  
Total gains (losses) included in earnings  $ 58 $ (7) $ 12 $ 22 $ 2 $ (1)
Change in unrealized gains (losses) relating                   
 to positions still held at the reporting date   47   (7)   10   22   (4)   1

   Six Months
   Energy Commodities, net
   Unregulated Unregulated Energy
   Wholesale Energy Retail Energy Purchases
   2014 2013 2014 2013 2014 2013
PPL and PPL Energy Supply                  
Total gains (losses) included in earnings $ (31) $ (9) $ (51) $ 15 $ 19   
Change in unrealized gains (losses) relating                  
 to positions still held at the reporting date   44   (9)   (21)   17   (3) $ 2
Fair Value of Assets and Liabilities Measured on Nonrecurring Basis

The following nonrecurring fair value measurement occurred during the six months ended June 30, 2014, resulting in an asset impairment:

    CarryingFair Value Measurement Using   
   Amount (a) Level 3 Loss (b)
PPL and PPL Energy Supply         
Kerr Dam Project $ 47 $ 29 $ 18

(a)       Represents carrying value before fair value measurement.

(b)       The loss on the Kerr Dam Project was recorded in the Supply segment and included in "Other operation and maintenance" on PPL's and PPL Energy Supply's Statement of Income.