Financing Activities (Tables)

3 Months Ended

Mar. 31, 2016

Financing Activities [Line Items]

Credit Facilities in Place at Period End

The following credit facilities were in place at:

				March 31, 2016										December 31, 2015
										Letters of						Letters of
										Credit						Credit
										and						and
										Commercial						Commercial
				Expiration						Paper		Unused				Paper
				Date		Capacity		Borrowed		Issued		Capacity		Borrowed		Issued
PPL
U.K.
	WPD plc
		Syndicated Credit Facility			Jan. 2021	£	210	£	144			£	72	£	133
	WPD (South West)
		Syndicated Credit Facility			July 2020		245						245
	WPD (East Midlands)
		Syndicated Credit Facility			July 2020		300		37				263
	WPD (West Midlands)
		Syndicated Credit Facility			July 2020		300						300
	Uncommitted Credit Facilities						40			£	4		36			£	4
			Total U.K. Credit Facilities (a)			£	1,095	£	181	£	4	£	916	£	133	£	4
U.S.
	PPL Capital Funding
		Syndicated Credit Facility			Jan. 2021	$	700			$	700					$	151
		Syndicated Credit Facility			Nov. 2018		300				73	$	227				300
		Bilateral Credit Facility			Mar. 2017		150				17		133				20
			Total PPL Capital Funding Credit Facilities			$	1,150			$	790	$	360			$	471
PPL Electric
	Syndicated Credit Facility				Jan. 2021	$	400			$	126	$	274			$	1
LKE
	Syndicated Credit Facility (b)				Oct. 2018	$	75					$	75	$	75
LG&E
	Syndicated Credit Facility				Dec. 2020	$	500			$	82	$	418			$	142
KU
	Syndicated Credit Facility				Dec. 2020	$	400			$	34	$	366			$	48
	Letter of Credit Facility				Oct. 2017		198				198						198
			Total KU Credit Facilities			$	598			$	232	$	366			$	246

(a)WPD plc's amounts borrowed at March 31, 2016 and December 31, 2015 were USD-denominated borrowings of $200 million for both periods, which bore interest at 1.26% and 1.83%. The unused capacity reflects the amount borrowed in GBP of £138 million as of the date borrowed. WPD (East Midlands) amount borrowed at March 31, 2016 was a GBP-denominated borrowing which equated to $51 million and bore interest at 0.91%. At March 31, 2016, the unused capacity under the U.K. credit facilities was approximately $1.3 billion.

(b)LKE’s interest rate on outstanding borrowings at December 31, 2015 was 1.68%.

Commercial paper

		March 31, 2016								December 31, 2015
		Weighted -				Commercial				Weighted -		Commercial
		Average				Paper		Unused		Average		Paper
		Interest Rate		Capacity		Issuances		Capacity		Interest Rate		Issuances
PPL Capital Funding			0.85%	$	1,000	$	773	$	227		0.78%	$	451
PPL Electric			0.72%		400		125		275
LG&E			0.79%		350		82		268		0.71%		142
KU			0.64%		350		34		316		0.72%		48
	Total			$	2,100	$	1,014	$	1,086			$	641