CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions		Sep. 30, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents		$ 981	$ 1,399
Short-term investments		0	120
Accounts receivable (less reserve:)
Customer		713	737
Other		64	71
Unbilled revenues		421	517
Fuel, materials and supplies		321	381
Prepayments		86	75
Deferred income taxes		223	125
Regulatory assets	[1]	37	37
Other current assets		181	134
Current assets of discontinued operations		0	2,600
Total Current Assets		2,990	6,159
Property, Plant and Equipment
Regulated utility plant		33,752	30,568
Less: accumulated depreciation - regulated utility plant		5,632	5,361
Regulated utility plant, net		28,120	25,207
Non-regulated property, plant and equipment		534	592
Less: accumulated depreciation - non-regulated property, plant and equipment		170	162
Non-regulated property, plant and equipment, net		364	430
Construction work in progress		1,478	2,532
Property, Plant and Equipment, net		29,962	28,169
Assets, Noncurrent [Abstract]
Regulatory assets		1,627	1,562
Goodwill		3,613	3,667
Other intangibles		672	668
Other noncurrent assets		382	322
Noncurrent assets of discontinued operations		0	8,317
Total Other Noncurrent Assets		6,294	14,536
Total Assets		39,246	48,864
Current Liabilities
Short-term debt		557	836
Long-term debt due within one year		1,460	1,000
Accounts payable		808	995
Customer deposits		312	304
Taxes		118	263
Interest		300	298
Dividends		254	249
Regulatory liabilities		151	91
Other current liabilities		508	632
Current liabilities of discontinued operations		0	2,775
Total Current Liabilities		4,468	7,443
Long-term Debt		17,745	17,173
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		3,736	3,227
Investment tax credits		129	132
Accrued pension obligations		963	1,457
Asset retirement obligations		539	324
Regulatory liabilities		962	992
Other deferred credits and noncurrent liabilities		482	525
Noncurrent liabilities of discontinued operations		0	3,963
Total Deferred Credits and Other Noncurrent Liabilities		$ 6,811	$ 10,620
Commitments and Contingent Liabilities
Equity
Common stock	[2]	$ 7	$ 7
Additional paid-in capital		9,630	9,433
Earnings reinvested		2,791	6,462
Accumulated other comprehensive income (loss)		(2,206)	(2,274)
Total Stockholders' Equity		10,222	13,628
Total Liabilities and Equity		39,246	48,864
PPL Electric Utilities Corp [Member]
Current Assets
Cash and cash equivalents		26	214
Accounts receivable (less reserve:)
Customer		312	312
Other		10	44
Unbilled revenues		85	113
Fuel, materials and supplies		34	43
Prepayments		27	10
Deferred income taxes		103	58
Regulatory assets		10	12
Other current assets		10	13
Total Current Assets		617	819
Property, Plant and Equipment
Regulated utility plant		8,565	7,589
Less: accumulated depreciation - regulated utility plant		2,613	2,517
Regulated utility plant, net		5,952	5,072
Construction work in progress		512	738
Property, Plant and Equipment, net		6,464	5,810
Assets, Noncurrent [Abstract]
Regulatory assets		942	897
Other intangibles		243	235
Other noncurrent assets		39	24
Total Other Noncurrent Assets		1,224	1,156
Total Assets		8,305	7,785
Current Liabilities
Short-term debt		68	0
Long-term debt due within one year		100	100
Accounts payable		315	325
Accounts payable to affiliates		36	70
Taxes		35	85
Interest		26	34
Regulatory liabilities		120	76
Other current liabilities		114	103
Total Current Liabilities		814	793
Long-term Debt		2,503	2,502
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,655	1,483
Accrued pension obligations		149	212
Regulatory liabilities		25	18
Other deferred credits and noncurrent liabilities		69	60
Total Deferred Credits and Other Noncurrent Liabilities		$ 1,898	$ 1,773
Commitments and Contingent Liabilities
Equity
Common stock	[3]	$ 364	$ 364
Additional paid-in capital		1,925	1,603
Earnings reinvested		801	750
Total Stockholders' Equity		3,090	2,717
Total Liabilities and Equity		8,305	7,785
LG And E And KU Energy LLC [Member]
Current Assets
Cash and cash equivalents		455	21
Accounts receivable (less reserve:)
Customer		228	231
Other		14	18
Unbilled revenues		148	167
Fuel, materials and supplies		260	311
Prepayments		23	28
Income taxes receivable		4	136
Deferred income taxes		68	16
Regulatory assets		27	25
Other current assets		5	3
Total Current Assets		1,232	956
Property, Plant and Equipment
Regulated utility plant		11,481	10,014
Less: accumulated depreciation - regulated utility plant		1,094	1,069
Regulated utility plant, net		10,387	8,945
Construction work in progress		839	1,559
Property, Plant and Equipment, net		11,226	10,504
Assets, Noncurrent [Abstract]
Regulatory assets		685	665
Goodwill		996	996
Other intangibles		136	174
Other noncurrent assets		102	101
Total Other Noncurrent Assets		1,919	1,936
Total Assets		14,377	13,396
Current Liabilities
Short-term debt		75	575
Long-term debt due within one year		900	900
Notes payable with affiliates		62	41
Accounts payable		284	399
Accounts payable to affiliates		1	2
Customer deposits		51	52
Taxes		36	36
Interest		60	23
Price risk management liabilities		5	5
Price risk management liabilities from affiliates		0	66
Regulatory liabilities		31	15
Other current liabilities		142	131
Total Current Liabilities		1,647	2,245
Long-term Debt		4,717	3,667
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,489	1,241
Investment tax credits		128	131
Price risk management liabilities		45	43
Accrued pension obligations		275	305
Asset retirement obligations		488	274
Regulatory liabilities		937	974
Other deferred credits and noncurrent liabilities		214	268
Total Deferred Credits and Other Noncurrent Liabilities		$ 3,576	$ 3,236
Commitments and Contingent Liabilities
Equity
Accumulated other comprehensive income (loss)		$ (51)	$ (45)
Member's Equity		4,437	4,248
Total Liabilities and Equity		14,377	13,396
Louisville Gas And Electric Co [Member]
Current Assets
Cash and cash equivalents		180	10
Accounts receivable (less reserve:)
Customer		97	107
Other		9	11
Unbilled revenues		63	76
Accounts receivable from affiliates		19	23
Fuel, materials and supplies		133	162
Prepayments		6	8
Income taxes receivable		0	74
Deferred income taxes		23	0
Regulatory assets		11	21
Other current assets		2	1
Total Current Assets		543	493
Property, Plant and Equipment
Regulated utility plant		4,651	4,031
Less: accumulated depreciation - regulated utility plant		384	456
Regulated utility plant, net		4,267	3,575
Construction work in progress		414	676
Property, Plant and Equipment, net		4,681	4,251
Assets, Noncurrent [Abstract]
Regulatory assets		396	397
Goodwill		389	389
Other intangibles		79	97
Other noncurrent assets		28	35
Total Other Noncurrent Assets		892	918
Total Assets		6,116	5,662
Current Liabilities
Short-term debt		0	264
Long-term debt due within one year		250	250
Accounts payable		191	240
Accounts payable to affiliates		20	20
Customer deposits		25	25
Taxes		18	19
Interest		15	6
Price risk management liabilities		5	5
Price risk management liabilities from affiliates		0	33
Regulatory liabilities		15	10
Other current liabilities		50	42
Total Current Liabilities		589	914
Long-term Debt		1,653	1,103
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		818	700
Investment tax credits		35	36
Price risk management liabilities		45	43
Accrued pension obligations		34	57
Asset retirement obligations		147	66
Regulatory liabilities		439	458
Other deferred credits and noncurrent liabilities		97	111
Total Deferred Credits and Other Noncurrent Liabilities		$ 1,615	$ 1,471
Commitments and Contingent Liabilities
Equity
Common stock	[4]	$ 424	$ 424
Additional paid-in capital		1,541	1,521
Earnings reinvested		294	229
Total Stockholders' Equity		2,259	2,174
Total Liabilities and Equity		6,116	5,662
Kentucky Utilities Co [Member]
Current Assets
Cash and cash equivalents		275	11
Accounts receivable (less reserve:)
Customer		131	124
Other		5	6
Unbilled revenues		85	91
Fuel, materials and supplies		127	149
Prepayments		7	10
Income taxes receivable		0	60
Deferred income taxes		30	2
Regulatory assets		16	4
Other current assets		3	2
Total Current Assets		679	459
Property, Plant and Equipment
Regulated utility plant		6,828	5,977
Less: accumulated depreciation - regulated utility plant		710	611
Regulated utility plant, net		6,118	5,366
Construction work in progress		421	880
Property, Plant and Equipment, net		6,539	6,246
Assets, Noncurrent [Abstract]
Regulatory assets		289	268
Goodwill		607	607
Other intangibles		57	77
Other noncurrent assets		61	58
Total Other Noncurrent Assets		1,014	1,010
Total Assets		8,232	7,715
Current Liabilities
Short-term debt		0	236
Long-term debt due within one year		250	250
Accounts payable		77	141
Accounts payable to affiliates		41	47
Customer deposits		26	27
Taxes		23	14
Interest		30	11
Price risk management liabilities from affiliates		0	33
Regulatory liabilities		16	5
Other current liabilities		53	41
Total Current Liabilities		516	805
Long-term Debt		2,341	1,841
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,048	884
Investment tax credits		93	95
Accrued pension obligations		44	59
Asset retirement obligations		341	208
Regulatory liabilities		498	516
Other deferred credits and noncurrent liabilities		63	101
Total Deferred Credits and Other Noncurrent Liabilities		$ 2,087	$ 1,863
Commitments and Contingent Liabilities
Equity
Common stock	[5]	$ 308	$ 308
Additional paid-in capital		2,596	2,596
Earnings reinvested		385	302
Accumulated other comprehensive income (loss)		(1)	0
Total Stockholders' Equity		3,288	3,206
Total Liabilities and Equity		$ 8,232	$ 7,715

[1] For PPL, these amounts are included in "Other current assets" on the Balance Sheets.

[2] 780,000 shares authorized; 671,792 and 665,849 shares issued and outstanding at September 30, 2015 and December 31, 2014 .

[3] 170,000 shares authorized; 66,368 shares issued and outstanding at September 30, 2015 and December 31, 2014 .

[4] 75,000 shares authorized ; 21 , 294 shares issued and outstanding at September 30, 2015 and December 31, 2014 .

[5] 80,000 shares authorized; 37 , 818 shares issued and outstanding at September 30, 2015 and December 31, 2014 .