CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions		Jun. 30, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents		$ 846	$ 1,399
Short-term investments		0	120
Accounts receivable (less reserve:)
Customer		737	737
Other		106	71
Unbilled revenues		431	517
Fuel, materials and supplies		315	381
Prepayments		136	75
Deferred income taxes		159	125
Regulatory assets		34	37
Other current assets		140	134
Current assets of discontinued operations		0	2,600
Total Current Assets		2,870	6,159
Property, Plant and Equipment
Regulated utility plant		32,990	30,568
Less: accumulated depreciation - regulated utility plant		5,480	5,361
Regulated utility plant, net		27,510	25,207
Non-regulated property, plant and equipment		537	592
Less: accumulated depreciation - non-regulated property, plant and equipment		168	162
Non-regulated property, plant and equipment, net		369	430
Construction work in progress		1,339	2,532
Property, Plant and Equipment, net		29,218	28,169
Assets, Noncurrent [Abstract]
Regulatory assets		1,569	1,562
Goodwill		3,590	3,667
Other intangibles		658	668
Other noncurrent assets		339	322
Noncurrent assets of discontinued operations		0	8,317
Total Other Noncurrent Assets		6,156	14,536
Total Assets		38,244	48,864
Current Liabilities
Short-term debt		1,100	836
Long-term debt due within one year		1,000	1,000
Accounts payable		902	995
Customer deposits		309	304
Taxes		130	263
Interest		191	298
Dividends		250	249
Regulatory liabilities		137	91
Other current liabilities		490	632
Current liabilities of discontinued operations		0	2,775
Total Current Liabilities		4,509	7,443
Long-term Debt		17,103	17,173
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		3,538	3,227
Investment tax credits		130	132
Accrued pension obligations		1,078	1,457
Asset retirement obligations		487	324
Regulatory liabilities		977	992
Other deferred credits and noncurrent liabilities		481	525
Noncurrent liabilities of discontinued operations		0	3,963
Total Deferred Credits and Other Noncurrent Liabilities		$ 6,691	$ 10,620
Commitments and Contingent Liabilities
Equity
Common stock	[1]	$ 7	$ 7
Additional paid-in capital		9,564	9,433
Earnings reinvested		2,654	6,462
Accumulated other comprehensive income (loss)		(2,284)	(2,274)
Total Stockholders' Equity		9,941	13,628
Total Liabilities and Equity		38,244	48,864
PPL Electric Utilities Corp [Member]
Current Assets
Cash and cash equivalents		28	214
Accounts receivable (less reserve:)
Customer		343	312
Other		21	44
Unbilled revenues		88	113
Fuel, materials and supplies		37	43
Prepayments		90	10
Deferred income taxes		93	58
Regulatory assets		10	12
Other current assets		10	13
Total Current Assets		720	819
Property, Plant and Equipment
Regulated utility plant		8,331	7,589
Less: accumulated depreciation - regulated utility plant		2,582	2,517
Regulated utility plant, net		5,749	5,072
Construction work in progress		475	738
Property, Plant and Equipment, net		6,224	5,810
Assets, Noncurrent [Abstract]
Regulatory assets		946	897
Other intangibles		239	235
Other noncurrent assets		42	24
Total Other Noncurrent Assets		1,227	1,156
Total Assets		8,171	7,785
Current Liabilities
Short-term debt		168	0
Long-term debt due within one year		100	100
Accounts payable		308	325
Accounts payable to affiliates		81	70
Taxes		30	85
Interest		34	34
Regulatory liabilities		110	76
Other current liabilities		82	103
Total Current Liabilities		913	793
Long-term Debt		2,503	2,502
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,553	1,483
Accrued pension obligations		147	212
Regulatory liabilities		26	18
Other deferred credits and noncurrent liabilities		76	60
Total Deferred Credits and Other Noncurrent Liabilities		$ 1,802	$ 1,773
Commitments and Contingent Liabilities
Equity
Common stock	[2]	$ 364	$ 364
Additional paid-in capital		1,810	1,603
Earnings reinvested		779	750
Total Stockholders' Equity		2,953	2,717
Total Liabilities and Equity		8,171	7,785
LG And E And KU Energy LLC [Member]
Current Assets
Cash and cash equivalents		13	21
Accounts receivable (less reserve:)
Customer		216	231
Other		18	18
Unbilled revenues		155	167
Fuel, materials and supplies		249	311
Prepayments		32	28
Income taxes receivable		0	136
Deferred income taxes		42	16
Regulatory assets		24	25
Other current assets		7	3
Total Current Assets		756	956
Property, Plant and Equipment
Regulated utility plant		11,349	10,014
Less: accumulated depreciation - regulated utility plant		1,040	1,069
Regulated utility plant, net		10,309	8,945
Construction work in progress		725	1,559
Property, Plant and Equipment, net		11,034	10,504
Assets, Noncurrent [Abstract]
Regulatory assets		623	665
Goodwill		996	996
Other intangibles		148	174
Other noncurrent assets		91	101
Total Other Noncurrent Assets		1,858	1,936
Total Assets		13,648	13,396
Current Liabilities
Short-term debt		561	575
Long-term debt due within one year		900	900
Notes payable with affiliates		59	41
Accounts payable		346	399
Accounts payable to affiliates		8	2
Customer deposits		52	52
Taxes		59	36
Interest		24	23
Price risk management liabilities		5	5
Price risk management liabilities from affiliates		46	66
Regulatory liabilities		27	15
Other current liabilities		113	131
Total Current Liabilities		2,200	2,245
Long-term Debt		3,667	3,667
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,406	1,241
Investment tax credits		129	131
Price risk management liabilities		40	43
Accrued pension obligations		274	305
Asset retirement obligations		437	274
Regulatory liabilities		951	974
Other deferred credits and noncurrent liabilities		215	268
Total Deferred Credits and Other Noncurrent Liabilities		$ 3,452	$ 3,236
Commitments and Contingent Liabilities
Equity
Accumulated other comprehensive income (loss)		$ (52)	$ (45)
Member's Equity		4,329	4,248
Total Liabilities and Equity		13,648	13,396
Louisville Gas And Electric Co [Member]
Current Assets
Cash and cash equivalents		7	10
Accounts receivable (less reserve:)
Customer		94	107
Other		10	11
Unbilled revenues		67	76
Accounts receivable from affiliates		16	23
Fuel, materials and supplies		103	162
Prepayments		8	8
Income taxes receivable		0	74
Deferred income taxes		17	0
Regulatory assets		10	21
Other current assets		3	1
Total Current Assets		335	493
Property, Plant and Equipment
Regulated utility plant		4,565	4,031
Less: accumulated depreciation - regulated utility plant		353	456
Regulated utility plant, net		4,212	3,575
Construction work in progress		331	676
Property, Plant and Equipment, net		4,543	4,251
Assets, Noncurrent [Abstract]
Regulatory assets		370	397
Goodwill		389	389
Other intangibles		85	97
Other noncurrent assets		23	35
Total Other Noncurrent Assets		867	918
Total Assets		5,745	5,662
Current Liabilities
Short-term debt		259	264
Long-term debt due within one year		250	250
Accounts payable		210	240
Accounts payable to affiliates		16	20
Customer deposits		25	25
Taxes		28	19
Interest		6	6
Price risk management liabilities		5	5
Price risk management liabilities from affiliates		23	33
Regulatory liabilities		15	10
Other current liabilities		41	42
Total Current Liabilities		878	914
Long-term Debt		1,103	1,103
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		777	700
Investment tax credits		35	36
Price risk management liabilities		40	43
Accrued pension obligations		36	57
Asset retirement obligations		109	66
Regulatory liabilities		446	458
Other deferred credits and noncurrent liabilities		97	111
Total Deferred Credits and Other Noncurrent Liabilities		$ 1,540	$ 1,471
Commitments and Contingent Liabilities
Equity
Common stock	[3]	$ 424	$ 424
Additional paid-in capital		1,541	1,521
Earnings reinvested		259	229
Total Stockholders' Equity		2,224	2,174
Total Liabilities and Equity		5,745	5,662
Kentucky Utilities Co [Member]
Current Assets
Cash and cash equivalents		6	11
Accounts receivable (less reserve:)
Customer		122	124
Other		7	6
Unbilled revenues		88	91
Fuel, materials and supplies		146	149
Prepayments		12	10
Income taxes receivable		0	60
Deferred income taxes		20	2
Regulatory assets		14	4
Other current assets		4	2
Total Current Assets		419	459
Property, Plant and Equipment
Regulated utility plant		6,780	5,977
Less: accumulated depreciation - regulated utility plant		685	611
Regulated utility plant, net		6,095	5,366
Construction work in progress		390	880
Property, Plant and Equipment, net		6,485	6,246
Assets, Noncurrent [Abstract]
Regulatory assets		253	268
Goodwill		607	607
Other intangibles		63	77
Other noncurrent assets		57	58
Total Other Noncurrent Assets		980	1,010
Total Assets		7,884	7,715
Current Liabilities
Short-term debt		227	236
Long-term debt due within one year		250	250
Accounts payable		124	141
Accounts payable to affiliates		36	47
Customer deposits		27	27
Taxes		28	14
Interest		12	11
Price risk management liabilities from affiliates		23	33
Regulatory liabilities		12	5
Other current liabilities		42	41
Total Current Liabilities		781	805
Long-term Debt		1,841	1,841
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		987	884
Investment tax credits		94	95
Accrued pension obligations		43	59
Asset retirement obligations		328	208
Regulatory liabilities		505	516
Other deferred credits and noncurrent liabilities		64	101
Total Deferred Credits and Other Noncurrent Liabilities		$ 2,021	$ 1,863
Commitments and Contingent Liabilities
Equity
Common stock	[4]	$ 308	$ 308
Additional paid-in capital		2,596	2,596
Earnings reinvested		338	302
Accumulated other comprehensive income (loss)		(1)	0
Total Stockholders' Equity		3,241	3,206
Total Liabilities and Equity		$ 7,884	$ 7,715

[1] 780,000 shares authorized; 669,514 and 665,849 shares issued and outstanding at June 30, 2015 and December 31, 2014 .

[2] 170,000 shares authorized; 66,368 shares issued and outstanding at June 30, 2015 and December 31, 2014 .

[3] 75 , 000 shares authorized ; 21 , 294 shares issued and outstanding at June 30, 2015 and December 31, 2014 .

[4] 80,000 shares authorized; 37 , 818 shares issued and outstanding at June 30, 2015 and December 31, 2014 .