XML 64 R35.htm IDEA: XBRL DOCUMENT v3.5.0.2
Defined Benefits (Tables)
9 Months Ended
Sep. 30, 2016
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule Of Net Periodic Defined Benefit Costs (Credits)
Following are the net periodic defined benefit costs (credits) of the plans sponsored by PPL and its subsidiaries, LKE and its subsidiaries and LG&E for the periods ended September 30:
 
Pension Benefits
 
Three Months
 
Nine Months
 
U.S.
 
U.K.
 
U.S.
 
U.K.
 
2016
 
2015
 
2016 (a)
 
2015
 
2016
 
2015
 
2016 (a)
 
2015
PPL
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
16

 
$
20

 
$
17

 
$
21

 
$
49

 
$
76

 
$
53

 
$
60

Interest cost
44

 
42

 
58

 
80

 
131

 
152

 
182

 
236

Expected return on plan assets
(57
)
 
(56
)
 
(124
)
 
(133
)
 
(171
)
 
(201
)
 
(389
)
 
(393
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost
2

 
1

 

 

 
6

 
5

 

 

Actuarial loss
12

 
18

 
34

 
39

 
37

 
65

 
107

 
118

Net periodic defined benefit costs (credits) before settlements
17

 
25

 
(15
)
 
7

 
52

 
97

 
(47
)
 
21

Settlements
3

 

 

 

 
3

 

 

 

Net periodic defined benefit costs (credits) (b)
$
20

 
$
25

 
$
(15
)
 
$
7

 
$
55

 
$
97

 
$
(47
)
 
$
21

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Three Months
 
Nine Months
 
U.S.
 
U.K.
 
U.S.
 
U.K.
 
2016
 
2015
 
2016 (a)
 
2015
 
2016
 
2015
 
2016 (a)
 
2015
LKE
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
6

 
$
7

 
 
 
 
 
$
18

 
$
20

 
 
 
 
Interest cost
18

 
17

 
 
 
 
 
53

 
51

 
 
 
 
Expected return on plan assets
(23
)
 
(22
)
 
 
 
 
 
(68
)
 
(66
)
 
 
 
 
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost
2

 
1

 
 
 
 
 
6

 
5

 
 
 
 
Actuarial loss
5

 
9

 
 
 
 
 
15

 
26

 
 
 
 
Net periodic defined benefit costs
$
8

 
$
12

 
 
 
 
 
$
24

 
$
36

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LG&E
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$

 
$

 
 
 
 
 
$
1

 
$
1

 
 
 
 
Interest cost
4

 
3

 
 
 
 
 
11

 
10

 
 
 
 
Expected return on plan assets
(5
)
 
(5
)
 
 
 
 
 
(15
)
 
(15
)
 
 
 
 
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost
1

 
1

 
 
 
 
 
3

 
2

 
 
 
 
Actuarial loss
2

 
3

 
 
 
 
 
5

 
9

 
 
 
 
Net periodic defined benefit costs
$
2

 
$
2

 
 
 
 
 
$
5

 
$
7

 
 
 
 

(a)
See Note 2 for a discussion of changes to the discount rate used for the U.K. Pension Plans.
(b)
For the nine months ended September 30, 2015, the total net periodic defined benefit cost includes $18 million reflected in discontinued operations related to costs allocated from PPL's plans to PPL Energy Supply prior to the spinoff.

 
Other Postretirement Benefits
 
Three Months
 
Nine Months
 
2016
 
2015
 
2016
 
2015
PPL
 
 
 
 
 
 
 
Service cost
$
2

 
$
2

 
$
6

 
$
9

Interest cost
6

 
6

 
19

 
20

Expected return on plan assets
(6
)
 
(6
)
 
(17
)
 
(20
)
Amortization of actuarial loss
1

 

 
1

 

Net periodic defined benefit costs
$
3

 
$
2

 
$
9

 
$
9

 
 
 
 
 
 
 
 
LKE
 
 
 
 
 
 
 
Service cost
$
1

 
$
1

 
$
3

 
$
4

Interest cost
2

 
2

 
7

 
7

Expected return on plan assets
(2
)
 
(1
)
 
(5
)
 
(4
)
Amortization of prior service cost
1

 
1

 
2

 
2

Net periodic defined benefit costs
$
2

 
$
3

 
$
7

 
$
9

   
PPL Electric Utilities Corp [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Allocation of Net Periodic Benefit Costs
For the periods ended September 30, PPL Services allocated the following net periodic defined benefit costs to PPL Electric, and LKE allocated the following net periodic defined benefit costs to LG&E and KU:
 
 
Three Months
 
Nine Months
 
2016
 
2015
 
2016
 
2015
PPL Electric
$
6

 
$
8

 
$
17

 
$
24

LG&E
2

 
3

 
7

 
10

KU
2

 
4

 
8

 
13

LG And E And KU Energy LLC [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule Of Net Periodic Defined Benefit Costs (Credits)
Following are the net periodic defined benefit costs (credits) of the plans sponsored by PPL and its subsidiaries, LKE and its subsidiaries and LG&E for the periods ended September 30:
 
Pension Benefits
 
Three Months
 
Nine Months
 
U.S.
 
U.K.
 
U.S.
 
U.K.
 
2016
 
2015
 
2016 (a)
 
2015
 
2016
 
2015
 
2016 (a)
 
2015
PPL
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
16

 
$
20

 
$
17

 
$
21

 
$
49

 
$
76

 
$
53

 
$
60

Interest cost
44

 
42

 
58

 
80

 
131

 
152

 
182

 
236

Expected return on plan assets
(57
)
 
(56
)
 
(124
)
 
(133
)
 
(171
)
 
(201
)
 
(389
)
 
(393
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost
2

 
1

 

 

 
6

 
5

 

 

Actuarial loss
12

 
18

 
34

 
39

 
37

 
65

 
107

 
118

Net periodic defined benefit costs (credits) before settlements
17

 
25

 
(15
)
 
7

 
52

 
97

 
(47
)
 
21

Settlements
3

 

 

 

 
3

 

 

 

Net periodic defined benefit costs (credits) (b)
$
20

 
$
25

 
$
(15
)
 
$
7

 
$
55

 
$
97

 
$
(47
)
 
$
21

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Three Months
 
Nine Months
 
U.S.
 
U.K.
 
U.S.
 
U.K.
 
2016
 
2015
 
2016 (a)
 
2015
 
2016
 
2015
 
2016 (a)
 
2015
LKE
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
6

 
$
7

 
 
 
 
 
$
18

 
$
20

 
 
 
 
Interest cost
18

 
17

 
 
 
 
 
53

 
51

 
 
 
 
Expected return on plan assets
(23
)
 
(22
)
 
 
 
 
 
(68
)
 
(66
)
 
 
 
 
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost
2

 
1

 
 
 
 
 
6

 
5

 
 
 
 
Actuarial loss
5

 
9

 
 
 
 
 
15

 
26

 
 
 
 
Net periodic defined benefit costs
$
8

 
$
12

 
 
 
 
 
$
24

 
$
36

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LG&E
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$

 
$

 
 
 
 
 
$
1

 
$
1

 
 
 
 
Interest cost
4

 
3

 
 
 
 
 
11

 
10

 
 
 
 
Expected return on plan assets
(5
)
 
(5
)
 
 
 
 
 
(15
)
 
(15
)
 
 
 
 
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost
1

 
1

 
 
 
 
 
3

 
2

 
 
 
 
Actuarial loss
2

 
3

 
 
 
 
 
5

 
9

 
 
 
 
Net periodic defined benefit costs
$
2

 
$
2

 
 
 
 
 
$
5

 
$
7

 
 
 
 

(a)
See Note 2 for a discussion of changes to the discount rate used for the U.K. Pension Plans.
(b)
For the nine months ended September 30, 2015, the total net periodic defined benefit cost includes $18 million reflected in discontinued operations related to costs allocated from PPL's plans to PPL Energy Supply prior to the spinoff.

 
Other Postretirement Benefits
 
Three Months
 
Nine Months
 
2016
 
2015
 
2016
 
2015
PPL
 
 
 
 
 
 
 
Service cost
$
2

 
$
2

 
$
6

 
$
9

Interest cost
6

 
6

 
19

 
20

Expected return on plan assets
(6
)
 
(6
)
 
(17
)
 
(20
)
Amortization of actuarial loss
1

 

 
1

 

Net periodic defined benefit costs
$
3

 
$
2

 
$
9

 
$
9

 
 
 
 
 
 
 
 
LKE
 
 
 
 
 
 
 
Service cost
$
1

 
$
1

 
$
3

 
$
4

Interest cost
2

 
2

 
7

 
7

Expected return on plan assets
(2
)
 
(1
)
 
(5
)
 
(4
)
Amortization of prior service cost
1

 
1

 
2

 
2

Net periodic defined benefit costs
$
2

 
$
3

 
$
7

 
$
9

   
Louisville Gas And Electric Co [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule Of Net Periodic Defined Benefit Costs (Credits)
Following are the net periodic defined benefit costs (credits) of the plans sponsored by PPL and its subsidiaries, LKE and its subsidiaries and LG&E for the periods ended September 30:
 
Pension Benefits
 
Three Months
 
Nine Months
 
U.S.
 
U.K.
 
U.S.
 
U.K.
 
2016
 
2015
 
2016 (a)
 
2015
 
2016
 
2015
 
2016 (a)
 
2015
PPL
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
16

 
$
20

 
$
17

 
$
21

 
$
49

 
$
76

 
$
53

 
$
60

Interest cost
44

 
42

 
58

 
80

 
131

 
152

 
182

 
236

Expected return on plan assets
(57
)
 
(56
)
 
(124
)
 
(133
)
 
(171
)
 
(201
)
 
(389
)
 
(393
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost
2

 
1

 

 

 
6

 
5

 

 

Actuarial loss
12

 
18

 
34

 
39

 
37

 
65

 
107

 
118

Net periodic defined benefit costs (credits) before settlements
17

 
25

 
(15
)
 
7

 
52

 
97

 
(47
)
 
21

Settlements
3

 

 

 

 
3

 

 

 

Net periodic defined benefit costs (credits) (b)
$
20

 
$
25

 
$
(15
)
 
$
7

 
$
55

 
$
97

 
$
(47
)
 
$
21

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Three Months
 
Nine Months
 
U.S.
 
U.K.
 
U.S.
 
U.K.
 
2016
 
2015
 
2016 (a)
 
2015
 
2016
 
2015
 
2016 (a)
 
2015
LKE
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
6

 
$
7

 
 
 
 
 
$
18

 
$
20

 
 
 
 
Interest cost
18

 
17

 
 
 
 
 
53

 
51

 
 
 
 
Expected return on plan assets
(23
)
 
(22
)
 
 
 
 
 
(68
)
 
(66
)
 
 
 
 
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost
2

 
1

 
 
 
 
 
6

 
5

 
 
 
 
Actuarial loss
5

 
9

 
 
 
 
 
15

 
26

 
 
 
 
Net periodic defined benefit costs
$
8

 
$
12

 
 
 
 
 
$
24

 
$
36

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LG&E
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$

 
$

 
 
 
 
 
$
1

 
$
1

 
 
 
 
Interest cost
4

 
3

 
 
 
 
 
11

 
10

 
 
 
 
Expected return on plan assets
(5
)
 
(5
)
 
 
 
 
 
(15
)
 
(15
)
 
 
 
 
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service cost
1

 
1

 
 
 
 
 
3

 
2

 
 
 
 
Actuarial loss
2

 
3

 
 
 
 
 
5

 
9

 
 
 
 
Net periodic defined benefit costs
$
2

 
$
2

 
 
 
 
 
$
5

 
$
7

 
 
 
 

(a)
See Note 2 for a discussion of changes to the discount rate used for the U.K. Pension Plans.
(b)
For the nine months ended September 30, 2015, the total net periodic defined benefit cost includes $18 million reflected in discontinued operations related to costs allocated from PPL's plans to PPL Energy Supply prior to the spinoff.
Allocation of Net Periodic Benefit Costs
For the periods ended September 30, PPL Services allocated the following net periodic defined benefit costs to PPL Electric, and LKE allocated the following net periodic defined benefit costs to LG&E and KU:
 
 
Three Months
 
Nine Months
 
2016
 
2015
 
2016
 
2015
PPL Electric
$
6

 
$
8

 
$
17

 
$
24

LG&E
2

 
3

 
7

 
10

KU
2

 
4

 
8

 
13

Kentucky Utilities Co [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Allocation of Net Periodic Benefit Costs
For the periods ended September 30, PPL Services allocated the following net periodic defined benefit costs to PPL Electric, and LKE allocated the following net periodic defined benefit costs to LG&E and KU:
 
 
Three Months
 
Nine Months
 
2016
 
2015
 
2016
 
2015
PPL Electric
$
6

 
$
8

 
$
17

 
$
24

LG&E
2

 
3

 
7

 
10

KU
2

 
4

 
8

 
13