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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Earnings Reinvested
Accumulated Other Comprehensive Loss
PPL Electric Utilities Corp [Member]
PPL Electric Utilities Corp [Member]
Common Stock
PPL Electric Utilities Corp [Member]
Additional Paid-in Capital
PPL Electric Utilities Corp [Member]
Earnings Reinvested
LG And E And KU Energy LLC [Member]
Louisville Gas And Electric Co [Member]
Louisville Gas And Electric Co [Member]
Common Stock
Louisville Gas And Electric Co [Member]
Additional Paid-in Capital
Louisville Gas And Electric Co [Member]
Earnings Reinvested
Kentucky Utilities Co [Member]
Kentucky Utilities Co [Member]
Common Stock
Kentucky Utilities Co [Member]
Additional Paid-in Capital
Kentucky Utilities Co [Member]
Earnings Reinvested
Kentucky Utilities Co [Member]
Accumulated Other Comprehensive Loss
Balance at beginning of period - shares at Dec. 31, 2013   630,321 [1]         66,368 [2]         21,294 [3]       37,818 [4]      
Balance at beginning of period at Dec. 31, 2013                   $ 4,150                  
Balance at beginning of period at Dec. 31, 2013 $ 12,466 $ 6 $ 8,316 $ 5,709 $ (1,565) $ 2,349 $ 364 $ 1,340 $ 645   $ 1,960 $ 424 $ 1,364 $ 172 $ 3,044 $ 308 $ 2,505 $ 230 $ 1
Common stock shares issued [1]   33,697                                  
Common stock issued 1,028 $ 1 1,027                                
Stock-based compensation 15   15                                
Net income (loss) 545     545   137 [5]     137 180 87 [6]     87 117 [5]     117  
Dividends, dividend equivalents, redemptions and distributions (486)     (486)                              
Dividends declared on common stock           (87)     (87)   (60)     (60) (86)     (86)  
Distributions to member                   (221)                  
Contributions from member                   119                  
Capital contributions from parent           95   95     53   53   66   66    
Other comprehensive income (loss) 167       167         (3)         (1)       (1)
Balance at end of period - shares at Jun. 30, 2014   664,018 [1]         66,368 [2]         21,294 [3]       37,818 [4]      
Balance at end of period at Jun. 30, 2014                   4,225                  
Balance at end of period at Jun. 30, 2014 13,735 $ 7 9,358 5,768 (1,398) 2,494 $ 364 1,435 695   2,040 $ 424 1,417 199 3,140 $ 308 2,571 261  
Balance at beginning of period - shares at Mar. 31, 2014   631,417 [1]         66,368 [2]         21,294 [3]       37,818 [4]      
Balance at beginning of period at Mar. 31, 2014                   4,200                  
Balance at beginning of period at Mar. 31, 2014 12,717 $ 6 8,352 5,788 (1,429) 2,467 $ 364 1,405 698   1,985 $ 424 1,364 197 3,123 $ 308 2,545 270  
Common stock shares issued [1]   32,601                                  
Common stock issued 998 $ 1 997                                
Stock-based compensation 9   9                                
Net income (loss) 229     229   52 [5]     52 65 35 [6]     35 40 [5]     40  
Dividends, dividend equivalents, redemptions and distributions (249)     (249)                              
Dividends declared on common stock           (55)     (55)   (33)     (33) (49)     (49)  
Distributions to member                   (117)                  
Contributions from member                   79                  
Capital contributions from parent           30   30     53   53   26   26    
Other comprehensive income (loss) 31       31         (2)                  
Balance at end of period - shares at Jun. 30, 2014   664,018 [1]         66,368 [2]         21,294 [3]       37,818 [4]      
Balance at end of period at Jun. 30, 2014                   4,225                  
Balance at end of period at Jun. 30, 2014 $ 13,735 $ 7 9,358 5,768 (1,398) $ 2,494 $ 364 1,435 695   $ 2,040 $ 424 1,417 199 $ 3,140 $ 308 2,571 261  
Balance at beginning of period - shares at Dec. 31, 2014 665,849 665,849 [1]       66,368 66,368 [2]       21,294 21,294 [3]     37,818 37,818 [4]      
Balance at beginning of period at Dec. 31, 2014                   4,248                  
Balance at beginning of period at Dec. 31, 2014 $ 13,628 $ 7 9,433 6,462 (2,274) $ 2,717 $ 364 1,603 750   $ 2,174 $ 424 1,521 229 $ 3,206 $ 308 2,596 302 0
Common stock shares issued [1]   3,665                                  
Common stock issued 111 $ 0 111                                
Stock-based compensation 20   20                                
Net income (loss) (110)     (110)   136 [5]     136 177 88 [6]     88 117 [5]     117  
Dividends, dividend equivalents, redemptions and distributions (498)     (498)                              
Dividends declared on common stock           (107)     (107)   (58)     (58) (81)     (81)  
Distributions to member                   (109)                  
Contributions from member                   20                  
Capital contributions from parent           $ 207 [7]   207 [7]     $ 20   20            
Distribution of PPL Energy Supply (3,224)     (3,200) (24)                            
Other comprehensive income (loss) $ 14       14         (7)         $ (1)       (1)
Balance at end of period - shares at Jun. 30, 2015 669,514 669,514 [1]       66,368 66,368 [2]       21,294 21,294 [3]     37,818 37,818 [4]      
Balance at end of period at Jun. 30, 2015                   4,329                  
Balance at end of period at Jun. 30, 2015 $ 9,941 $ 7 9,564 2,654 (2,284) $ 2,953 $ 364 1,810 779   $ 2,224 $ 424 1,541 259 $ 3,241 $ 308 2,596 338 (1)
Balance at beginning of period - shares at Mar. 31, 2015   667,713 [1]         66,368 [2]         21,294 [3]       37,818 [4]      
Balance at beginning of period at Mar. 31, 2015                   4,342                  
Balance at beginning of period at Mar. 31, 2015 14,036 $ 7 9,480 6,860 (2,311) 2,810 $ 364 1,653 793   2,204 $ 424 1,521 259 3,253 $ 308 2,596 350 (1)
Common stock shares issued [1]   1,801                                  
Common stock issued 57 $ 0 57                                
Stock-based compensation 27   27                                
Net income (loss) (757)     (757)   49 [5]     49 60 35 [6]     35 39 [5]     39  
Dividends, dividend equivalents, redemptions and distributions (249)     (249)                              
Dividends declared on common stock           (63)     (63)   (35)     (35) $ (51)     (51)  
Distributions to member                   (86)                  
Contributions from member                   20                  
Capital contributions from parent           $ 157 [7]   157 [7]     $ 20   20            
Distribution of PPL Energy Supply (3,224)     (3,200) (24)                            
Other comprehensive income (loss) $ 51       51         (7)                  
Balance at end of period - shares at Jun. 30, 2015 669,514 669,514 [1]       66,368 66,368 [2]       21,294 21,294 [3]     37,818 37,818 [4]      
Balance at end of period at Jun. 30, 2015                   $ 4,329                  
Balance at end of period at Jun. 30, 2015 $ 9,941 $ 7 $ 9,564 $ 2,654 $ (2,284) $ 2,953 $ 364 $ 1,810 $ 779   $ 2,224 $ 424 $ 1,541 $ 259 $ 3,241 $ 308 $ 2,596 $ 338 $ (1)
[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 K U stock are owned by LKE .
[5] Net income approximates comprehensive income.
[6] Net income equals comprehensive income.
[7] Includes non-cash contributions of $ 47 million .