CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions		Sep. 30, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents		$ 416	$ 836
Accounts receivable (less reserve:)
Customer		687	673
Other		45	59
Unbilled revenues		393	453
Fuel, materials and supplies		346	357
Prepayments		97	66
Price risk management assets		78	139
Regulatory assets	[1]	30	48
Other current assets		37	63
Total Current Assets		2,099	2,646
Property, Plant and Equipment
Regulated utility plant		34,427	34,399
Less: accumulated depreciation - regulated utility plant		5,938	5,683
Regulated utility plant, net		28,489	28,716
Non-regulated property, plant and equipment		451	516
Less: accumulated depreciation - non-regulated property, plant and equipment		155	165
Non-regulated property, plant and equipment, net		296	351
Construction work in progress		1,184	1,315
Property, Plant and Equipment, net		29,969	30,382
Other Noncurrent Assets
Regulatory assets		1,765	1,733
Goodwill		3,175	3,550
Other intangibles		693	679
Price risk management assets		185	156
Other noncurrent assets		152	155
Total Other Noncurrent Assets		5,970	6,273
Total Assets		38,038	39,301
Current Liabilities
Short-term debt		636	916
Long-term debt due within one year		443	485
Accounts payable		741	812
Taxes		117	85
Interest		315	303
Dividends		259	255
Customer deposits		302	326
Regulatory liabilities		120	145
Other current liabilities		479	549
Total Current Liabilities		3,412	3,876
Long-term Debt
Long-term Debt		18,069	18,563
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		3,810	3,440
Investment tax credits		133	128
Accrued pension obligations		878	1,405
Asset retirement obligations		413	536
Regulatory liabilities		911	945
Other deferred credits and noncurrent liabilities		437	489
Total Deferred Credits and Other Noncurrent Liabilities		6,582	6,943
Commitments and Contingent Liabilities
Equity
Common stock	[2]	7	7
Additional paid-in capital		9,824	9,687
Earnings reinvested		3,624	2,953
Accumulated other comprehensive loss		(3,480)	(2,728)
Total Equity		9,975	9,919
Total Liabilities and Equity		38,038	39,301
PPL Electric Utilities Corp [Member]
Current Assets
Cash and cash equivalents		36	47
Accounts receivable (less reserve:)
Customer		290	286
Other		12	10
Unbilled revenues		81	91
Fuel, materials and supplies		28	34
Prepayments		37	66
Regulatory assets	[1]	12	13
Other current assets		15	21
Total Current Assets		499	555
Property, Plant and Equipment
Regulated utility plant		9,360	8,734
Less: accumulated depreciation - regulated utility plant		2,698	2,573
Regulated utility plant, net		6,662	6,161
Construction work in progress		657	530
Property, Plant and Equipment, net		7,319	6,691
Other Noncurrent Assets
Regulatory assets		991	1,006
Other intangibles		247	244
Other noncurrent assets		14	15
Total Other Noncurrent Assets		1,252	1,265
Total Assets		9,070	8,511
Current Liabilities
Short-term debt		130	0
Long-term debt due within one year		224	0
Accounts payable		357	288
Accounts payable to affiliates		33	35
Taxes		18	24
Interest		31	37
Customer deposits		22	31
Regulatory liabilities		94	113
Other current liabilities		69	77
Total Current Liabilities		978	605
Long-term Debt
Long-term Debt		2,607	2,828
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,823	1,663
Accrued pension obligations		185	183
Regulatory liabilities		0	22
Other deferred credits and noncurrent liabilities		88	91
Total Deferred Credits and Other Noncurrent Liabilities		2,096	1,959
Commitments and Contingent Liabilities
Equity
Common stock	[3]	364	364
Additional paid-in capital		2,134	1,934
Earnings reinvested		891	821
Total Equity		3,389	3,119
Total Liabilities and Equity		9,070	8,511
LG And E And KU Energy LLC [Member]
Current Assets
Cash and cash equivalents		11	30
Accounts receivable (less reserve:)
Customer		250	209
Other		13	17
Unbilled revenues		141	147
Fuel, materials and supplies		292	298
Prepayments		31	23
Regulatory assets		18	35
Other current assets		1	6
Total Current Assets		757	765
Property, Plant and Equipment
Regulated utility plant		12,510	11,906
Less: accumulated depreciation - regulated utility plant		1,382	1,163
Regulated utility plant, net		11,128	10,743
Construction work in progress		349	660
Property, Plant and Equipment, net		11,477	11,403
Other Noncurrent Assets
Regulatory assets		774	727
Goodwill		996	996
Other intangibles		103	123
Other noncurrent assets		80	76
Total Other Noncurrent Assets		1,953	1,922
Total Assets		14,187	14,090
Current Liabilities
Short-term debt		135	265
Long-term debt due within one year		219	25
Notes payable with affiliate		138	54
Accounts payable		216	266
Accounts payable to affiliates		9	5
Taxes		49	46
Price risk management liabilities		6	5
Interest		74	32
Customer deposits		55	52
Regulatory liabilities		26	32
Asset retirement obligations		54	50
Other current liabilities		111	135
Total Current Liabilities		1,092	967
Long-term Debt
Long-term debt		4,470	4,663
Long-term debt to affiliate		400	400
Long-term Debt		4,870	5,063
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,673	1,463
Investment tax credits		132	128
Accrued pension obligations		242	296
Asset retirement obligations		368	485
Regulatory liabilities		911	923
Price risk management liabilities		48	42
Other deferred credits and noncurrent liabilities		180	206
Total Deferred Credits and Other Noncurrent Liabilities		3,554	3,543
Commitments and Contingent Liabilities
Equity
Accumulated other comprehensive loss		(42)	(46)
Member's equity		4,671	4,517
Total Liabilities and Equity		14,187	14,090
Louisville Gas And Electric Co [Member]
Current Assets
Cash and cash equivalents		4	19
Accounts receivable (less reserve:)
Customer		109	92
Other		11	11
Accounts receivable from affiliates		23	12
Unbilled revenues		57	67
Fuel, materials and supplies		140	151
Prepayments		14	5
Regulatory assets		6	16
Other current assets		0	2
Total Current Assets		364	375
Property, Plant and Equipment
Regulated utility plant		5,234	4,804
Less: accumulated depreciation - regulated utility plant		468	404
Regulated utility plant, net		4,766	4,400
Construction work in progress		155	390
Property, Plant and Equipment, net		4,921	4,790
Other Noncurrent Assets
Regulatory assets		437	424
Goodwill		389	389
Other intangibles		63	73
Other noncurrent assets		21	17
Total Other Noncurrent Assets		910	903
Total Assets		6,195	6,068
Current Liabilities
Short-term debt		128	142
Long-term debt due within one year		219	25
Accounts payable		133	157
Accounts payable to affiliates		19	25
Taxes		23	20
Price risk management liabilities		6	5
Interest		24	11
Customer deposits		26	26
Regulatory liabilities		7	13
Asset retirement obligations		39	25
Other current liabilities		36	39
Total Current Liabilities		660	488
Long-term Debt
Long-term Debt		1,423	1,617
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		944	829
Investment tax credits		37	35
Accrued pension obligations		18	56
Asset retirement obligations		107	149
Regulatory liabilities		424	431
Price risk management liabilities		48	42
Other deferred credits and noncurrent liabilities		85	91
Total Deferred Credits and Other Noncurrent Liabilities		1,663	1,633
Commitments and Contingent Liabilities
Equity
Common stock	[4]	424	424
Additional paid-in capital		1,658	1,611
Earnings reinvested		367	295
Total Equity		2,449	2,330
Total Liabilities and Equity		6,195	6,068
Kentucky Utilities Co [Member]
Current Assets
Cash and cash equivalents		7	11
Accounts receivable (less reserve:)
Customer		141	117
Other		3	9
Accounts receivable from affiliates		1	1
Unbilled revenues		84	80
Fuel, materials and supplies		152	147
Prepayments		16	8
Regulatory assets		12	19
Other current assets		1	4
Total Current Assets		417	396
Property, Plant and Equipment
Regulated utility plant		7,270	7,099
Less: accumulated depreciation - regulated utility plant		913	759
Regulated utility plant, net		6,357	6,340
Construction work in progress		192	267
Property, Plant and Equipment, net		6,549	6,607
Other Noncurrent Assets
Regulatory assets		337	303
Goodwill		607	607
Other intangibles		40	50
Other noncurrent assets		56	48
Total Other Noncurrent Assets		1,040	1,008
Total Assets		8,006	8,011
Current Liabilities
Short-term debt		7	48
Accounts payable		67	88
Accounts payable to affiliates		42	39
Taxes		23	20
Interest		38	16
Customer deposits		29	26
Regulatory liabilities		19	19
Asset retirement obligations		15	25
Other current liabilities		35	44
Total Current Liabilities		275	325
Long-term Debt
Long-term Debt		2,327	2,326
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes		1,166	1,046
Investment tax credits		95	93
Accrued pension obligations		33	46
Asset retirement obligations		261	336
Regulatory liabilities		487	492
Other deferred credits and noncurrent liabilities		46	60
Total Deferred Credits and Other Noncurrent Liabilities		2,088	2,073
Commitments and Contingent Liabilities
Equity
Common stock	[5]	308	308
Additional paid-in capital		2,616	2,596
Earnings reinvested		393	383
Accumulated other comprehensive loss		(1)	0
Total Equity		3,316	3,287
Total Liabilities and Equity		$ 8,006	$ 8,011

[1] These amounts are included in "Other current assets" on the Balance Sheets.

[2] shares authorized; 679,268 shares issued and outstanding at September 30, 2016; 780,000 shares authorized; 673,857 shares issued and outstanding at December 31, 2015.

[3] shares authorized; 66,368 shares issued and outstanding at September 30, 2016 and December 31, 2015.

[4] 75,000 shares authorized; 21,294 shares issued and outstanding at September 30, 2016 and December 31, 2015.

[5] 80,000 shares authorized; 37,818 shares issued and outstanding at September 30, 2016 and December 31, 2015.