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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 1,269 $ 1,102
Restricted cash and cash equivalents 332 83
Accounts receivable (less reserve:)    
Customer 981 923
Other 115 97
Unbilled revenues 680 835
Fuel, materials and supplies 651 702
Prepayments 160 153
Deferred income taxes 317 246
Price risk management assets 954 942
Regulatory assets 29 33
Other current assets 49 37
Total Current Assets 5,537 5,153
Investments    
Nuclear plant decommissioning trust funds 911 864
Other investments 39 43
Total Investments 950 907
Property, Plant and Equipment    
Regulated utility plant 29,473 27,755
Less: accumulated depreciation - regulated utility plant 5,291 4,873
Regulated utility plant, net 24,182 22,882
Non-regulated property, plant and equipment    
Generation 11,858 11,881
Nuclear fuel 624 591
Other 864 834
Less: accumulated depreciation - non-regulated property, plant and equipment 6,294 6,172
Non-regulated property, plant and equipment, net 7,052 7,134
Construction work in progress 3,197 3,071
Property, Plant and Equipment, net 34,431 33,087
Assets, Noncurrent [Abstract]    
Regulatory assets 1,242 1,246
Goodwill 4,301 4,225
Other intangibles 952 947
Price risk management assets 423 337
Other noncurrent assets 357 357
Total Other Noncurrent Assets 7,275 7,112
Total Assets 48,193 46,259
Current Liabilities    
Short-term debt 808 701
Long-term debt due within one year 304 315
Accounts payable 1,178 1,308
Taxes 124 114
Interest 223 325
Dividends 248 232
Price risk management liabilities 1,259 829
Regulatory liabilities 82 90
Other current liabilities 930 998
Total Current Liabilities 5,156 4,912
Long-term Debt 20,819 20,592
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 4,261 3,928
Investment tax credits 278 342
Price risk management liabilities 498 415
Accrued pension obligations 1,080 1,286
Asset retirement obligations 712 687
Regulatory liabilities 1,026 1,048
Other deferred credits and noncurrent liabilities 628 583
Total Deferred Credits and Other Noncurrent Liabilities 8,483 8,289
Commitments and Contingent Liabilities      
Equity    
Common stock 7 [1] 6 [1]
Additional paid-in capital 9,358 8,316
Earnings reinvested 5,768 5,709
Accumulated other comprehensive income (loss) (1,398) (1,565)
Total Stockholders' Equity 13,735 12,466
Total Liabilities and Equity 48,193 46,259
PPL Energy Supply LLC [Member]
   
Current Assets    
Cash and cash equivalents 264 239
Restricted cash and cash equivalents 326 68
Accounts receivable (less reserve:)    
Customer 206 233
Other 102 97
Unbilled revenues 219 286
Accounts receivable from affiliates 42 45
Fuel, materials and supplies 349 358
Prepayments 36 20
Deferred income taxes 105   
Price risk management assets 954 860
Other current assets 31 27
Total Current Assets 2,634 2,233
Investments    
Nuclear plant decommissioning trust funds 911 864
Other investments 34 37
Total Investments 945 901
Non-regulated property, plant and equipment    
Generation 11,866 11,891
Nuclear fuel 624 591
Other 291 288
Less: accumulated depreciation - non-regulated property, plant and equipment 6,139 6,046
Non-regulated property, plant and equipment, net 6,642 6,724
Construction work in progress 386 450
Property, Plant and Equipment, net 7,028 7,174
Assets, Noncurrent [Abstract]    
Goodwill 86 86
Other intangibles 267 266
Price risk management assets 420 328
Other noncurrent assets 79 86
Total Other Noncurrent Assets 852 766
Total Assets 11,459 11,074
Current Liabilities    
Short-term debt 324   
Long-term debt due within one year 304 304
Accounts payable 309 393
Accounts payable to affiliates 2 4
Taxes 30 31
Interest 22 22
Price risk management liabilities 1,133 750
Other current liabilities 229 278
Total Current Liabilities 2,353 1,782
Long-term Debt 2,219 2,221
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,183 1,114
Investment tax credits 144 205
Price risk management liabilities 347 320
Accrued pension obligations 104 111
Asset retirement obligations 406 393
Other deferred credits and noncurrent liabilities 134 130
Total Deferred Credits and Other Noncurrent Liabilities 2,318 2,273
Commitments and Contingent Liabilities      
Equity    
Accumulated other comprehensive income (loss) 85 77
Member's Equity 4,569 4,798
Total Liabilities and Equity 11,459 11,074
PPL Electric Utilities Corp [Member]
   
Current Assets    
Cash and cash equivalents 149 25
Accounts receivable (less reserve:)    
Customer 361 284
Other 8 5
Unbilled revenues 82 116
Accounts receivable from affiliates 4 4
Notes receivable from affiliates    150
Fuel, materials and supplies 35 35
Prepayments 51 40
Deferred income taxes 84 85
Regulatory assets 2 6
Other current assets 13 22
Total Current Assets 787 766
Property, Plant and Equipment    
Regulated utility plant 7,168 6,886
Less: accumulated depreciation - regulated utility plant 2,488 2,417
Regulated utility plant, net 4,680 4,469
Non-regulated property, plant and equipment    
Other, net 2 2
Construction work in progress 744 591
Property, Plant and Equipment, net 5,426 5,062
Assets, Noncurrent [Abstract]    
Regulatory assets 771 772
Other intangibles 233 211
Other noncurrent assets 35 35
Total Other Noncurrent Assets 1,039 1,018
Total Assets 7,252 6,846
Current Liabilities    
Short-term debt    20
Long-term debt due within one year    10
Accounts payable 292 295
Accounts payable to affiliates 50 57
Taxes 15 51
Interest 34 34
Regulatory liabilities 72 76
Other current liabilities 75 82
Total Current Liabilities 538 625
Long-term Debt 2,602 2,305
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,463 1,399
Accrued pension obligations 85 96
Regulatory liabilities 12 15
Other deferred credits and noncurrent liabilities 58 57
Total Deferred Credits and Other Noncurrent Liabilities 1,618 1,567
Commitments and Contingent Liabilities      
Equity    
Common stock 364 [2] 364 [2]
Additional paid-in capital 1,435 1,340
Earnings reinvested 695 645
Total Stockholders' Equity 2,494 2,349
Total Liabilities and Equity 7,252 6,846
LG And E And KU Energy LLC [Member]
   
Current Assets    
Cash and cash equivalents 23 35
Accounts receivable (less reserve:)    
Customer 238 224
Other 23 20
Unbilled revenues 153 180
Notes receivable from affiliates 16 70
Fuel, materials and supplies 235 278
Prepayments 27 21
Deferred income taxes 108 159
Regulatory assets 27 27
Other current assets 4 3
Total Current Assets 854 1,017
Property, Plant and Equipment    
Regulated utility plant 9,036 8,526
Less: accumulated depreciation - regulated utility plant 922 778
Regulated utility plant, net 8,114 7,748
Non-regulated property, plant and equipment    
Other, net 3 3
Construction work in progress 1,809 1,793
Property, Plant and Equipment, net 9,926 9,544
Assets, Noncurrent [Abstract]    
Regulatory assets 471 474
Goodwill 996 996
Other intangibles 197 221
Other noncurrent assets 101 98
Total Other Noncurrent Assets 1,765 1,789
Total Assets 12,545 12,350
Current Liabilities    
Short-term debt 320 245
Accounts payable 335 346
Accounts payable to affiliates 1 3
Customer deposits 50 50
Taxes 29 39
Interest 23 23
Price risk management liabilities 4 4
Regulatory liabilities 10 14
Other current liabilities 121 111
Total Current Liabilities 893 835
Long-term Debt 4,566 4,565
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,065 965
Investment tax credits 133 135
Price risk management liabilities 38 32
Accrued pension obligations 114 152
Asset retirement obligations 255 245
Regulatory liabilities 1,014 1,033
Other deferred credits and noncurrent liabilities 242 238
Total Deferred Credits and Other Noncurrent Liabilities 2,861 2,800
Commitments and Contingent Liabilities      
Equity    
Member's Equity 4,225 4,150
Total Liabilities and Equity 12,545 12,350
Louisville Gas And Electric Co [Member]
   
Current Assets    
Cash and cash equivalents 5 8
Accounts receivable (less reserve:)    
Customer 102 102
Other 14 9
Unbilled revenues 66 85
Accounts receivable from affiliates 17   
Fuel, materials and supplies 110 154
Prepayments 9 7
Regulatory assets 24 17
Other current assets 3 3
Total Current Assets 350 385
Property, Plant and Equipment    
Regulated utility plant 3,564 3,383
Less: accumulated depreciation - regulated utility plant 397 332
Regulated utility plant, net 3,167 3,051
Non-regulated property, plant and equipment    
Construction work in progress 750 651
Property, Plant and Equipment, net 3,917 3,702
Assets, Noncurrent [Abstract]    
Regulatory assets 306 303
Goodwill 389 389
Other intangibles 108 120
Other noncurrent assets 35 35
Total Other Noncurrent Assets 838 847
Total Assets 5,105 4,934
Current Liabilities    
Short-term debt 70 20
Accounts payable 200 166
Accounts payable to affiliates 20 24
Customer deposits 24 24
Taxes 13 11
Interest 6 6
Price risk management liabilities 4 4
Regulatory liabilities 9 9
Other current liabilities 30 32
Total Current Liabilities 376 296
Long-term Debt 1,353 1,353
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 603 582
Investment tax credits 37 38
Price risk management liabilities 38 32
Accrued pension obligations 10 19
Asset retirement obligations 70 68
Regulatory liabilities 472 482
Other deferred credits and noncurrent liabilities 106 104
Total Deferred Credits and Other Noncurrent Liabilities 1,336 1,325
Commitments and Contingent Liabilities      
Equity    
Common stock 424 [3] 424 [3]
Additional paid-in capital 1,417 1,364
Earnings reinvested 199 172
Total Stockholders' Equity 2,040 1,960
Total Liabilities and Equity 5,105 4,934
Kentucky Utilities Co [Member]
   
Current Assets    
Cash and cash equivalents 18 21
Accounts receivable (less reserve:)    
Customer 136 122
Other 34 9
Unbilled revenues 87 95
Fuel, materials and supplies 125 124
Prepayments 8 4
Regulatory assets 3 10
Other current assets 5 6
Total Current Assets 416 391
Property, Plant and Equipment    
Regulated utility plant 5,472 5,143
Less: accumulated depreciation - regulated utility plant 525 446
Regulated utility plant, net 4,947 4,697
Non-regulated property, plant and equipment    
Other, net 1 1
Construction work in progress 1,055 1,139
Property, Plant and Equipment, net 6,003 5,837
Assets, Noncurrent [Abstract]    
Regulatory assets 165 171
Goodwill 607 607
Other intangibles 89 101
Other noncurrent assets 59 56
Total Other Noncurrent Assets 920 935
Total Assets 7,339 7,163
Current Liabilities    
Short-term debt 175 150
Accounts payable 125 159
Accounts payable to affiliates 38 25
Customer deposits 26 26
Taxes 14 33
Interest 11 11
Regulatory liabilities 1 5
Other current liabilities 58 36
Total Current Liabilities 448 445
Long-term Debt 2,091 2,091
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 747 658
Investment tax credits 96 97
Accrued pension obligations 2 11
Asset retirement obligations 185 177
Regulatory liabilities 542 551
Other deferred credits and noncurrent liabilities 88 89
Total Deferred Credits and Other Noncurrent Liabilities 1,660 1,583
Commitments and Contingent Liabilities      
Equity    
Common stock 308 [4] 308 [4]
Additional paid-in capital 2,571 2,505
Earnings reinvested 261 230
Accumulated other comprehensive income (loss)    1
Total Stockholders' Equity 3,140 3,044
Total Liabilities and Equity $ 7,339 $ 7,163
[1] 780,000 shares authorized; 664,018 and 630,321 shares issued and outstanding at June 30, 2014 and December 31, 2013.
[2] 170,000 shares authorized; 66,368 shares issued and outstanding at June 30, 2014 and December 31, 2013.
[3] 75,000 shares authorized; 21,294 shares issued and outstanding at June 30, 2014 and December 31, 2013.
[4] 80,000 shares authorized; 37,818 shares issued and outstanding at June 30, 2014 and December 31, 2013.