XML 139 R86.htm IDEA: XBRL DOCUMENT v3.6.0.2
Fair Value Measurements (Assets and Liabilities Measured on Recurring Basis Table) (Details) - Recurring [Member] - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 341 $ 836
Restricted cash and cash equivalents [1] 26 33
Price risk management assets:    
Foreign currency contracts [2] 211 209
Cross-currency swaps [2] 188 86
Total price risk management assets [2] 399 295
Auction rate securities 0 2 [3]
Total assets 766 1,166
Price risk management liabilities:    
Interest rate swaps [2] 31 71
Foreign currency contracts [2] 27 1
Total price risk management liabilities [2] 58 72
Level 1 [Member]    
Assets    
Cash and cash equivalents 341 836
Restricted cash and cash equivalents [1] 26 33
Price risk management assets:    
Foreign currency contracts 0 0
Cross-currency swaps 0 0
Total price risk management assets 0 0
Auction rate securities 0 0
Total assets 367 869
Price risk management liabilities:    
Interest rate swaps 0 0
Foreign currency contracts 0 0
Total price risk management liabilities 0 0
Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 0 0
Price risk management assets:    
Foreign currency contracts [2] 211 209
Cross-currency swaps [2] 188 86
Total price risk management assets [2] 399 295
Auction rate securities 0 0
Total assets 399 295
Price risk management liabilities:    
Interest rate swaps [2] 31 71
Foreign currency contracts [2] 27 1
Total price risk management liabilities [2] 58 72
Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 0 0
Price risk management assets:    
Foreign currency contracts 0 0
Cross-currency swaps 0 0
Total price risk management assets 0 0
Auction rate securities 0 2 [3]
Total assets 0 2
Price risk management liabilities:    
Interest rate swaps 0 0
Foreign currency contracts 0 0
Total price risk management liabilities 0 0
PPL Electric Utilities Corp [Member]    
Assets    
Cash and cash equivalents 13 47
Restricted cash and cash equivalents [1] 2 2
Price risk management assets:    
Total assets 15 49
PPL Electric Utilities Corp [Member] | Level 1 [Member]    
Assets    
Cash and cash equivalents 13 47
Restricted cash and cash equivalents [1] 2 2
Price risk management assets:    
Total assets 15 49
PPL Electric Utilities Corp [Member] | Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 0 0
Price risk management assets:    
Total assets 0 0
PPL Electric Utilities Corp [Member] | Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 0 0
Price risk management assets:    
Total assets 0 0
LG And E And KU Energy LLC [Member]    
Assets    
Cash and cash equivalents 13 30
Price risk management assets:    
Cash collateral posted to counterparties [4] 3 9
Total assets 16 39
Price risk management liabilities:    
Interest rate swaps 31 47
Total price risk management liabilities 31 47
LG And E And KU Energy LLC [Member] | Level 1 [Member]    
Assets    
Cash and cash equivalents 13 30
Price risk management assets:    
Cash collateral posted to counterparties [4] 3 9
Total assets 16 39
Price risk management liabilities:    
Interest rate swaps 0 0
Total price risk management liabilities 0 0
LG And E And KU Energy LLC [Member] | Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Cash collateral posted to counterparties 0 0
Total assets 0 0
Price risk management liabilities:    
Interest rate swaps 31 47
Total price risk management liabilities 31 47
LG And E And KU Energy LLC [Member] | Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Cash collateral posted to counterparties 0 0
Total assets 0 0
Price risk management liabilities:    
Interest rate swaps 0 0
Total price risk management liabilities 0 0
Louisville Gas And Electric Co [Member]    
Assets    
Cash and cash equivalents 5 19
Price risk management assets:    
Cash collateral posted to counterparties [4] 3 9
Total assets 8 28
Price risk management liabilities:    
Interest rate swaps 31 47
Total price risk management liabilities 31 47
Louisville Gas And Electric Co [Member] | Level 1 [Member]    
Assets    
Cash and cash equivalents 5 19
Price risk management assets:    
Cash collateral posted to counterparties [4] 3 9
Total assets 8 28
Price risk management liabilities:    
Interest rate swaps 0 0
Total price risk management liabilities 0 0
Louisville Gas And Electric Co [Member] | Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Cash collateral posted to counterparties 0 0
Total assets 0 0
Price risk management liabilities:    
Interest rate swaps 31 47
Total price risk management liabilities 31 47
Louisville Gas And Electric Co [Member] | Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Cash collateral posted to counterparties 0 0
Total assets 0 0
Price risk management liabilities:    
Interest rate swaps 0 0
Total price risk management liabilities 0 0
Kentucky Utilities Co [Member]    
Assets    
Cash and cash equivalents 7 11
Price risk management assets:    
Total assets 7 11
Kentucky Utilities Co [Member] | Level 1 [Member]    
Assets    
Cash and cash equivalents 7 11
Price risk management assets:    
Total assets 7 11
Kentucky Utilities Co [Member] | Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Total assets 0 0
Kentucky Utilities Co [Member] | Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Total assets $ 0 $ 0
[1] Current portion is included in "Other current assets" and long-term portion is included in "Other noncurrent assets" on the Balance Sheets.
[2] "Price risk management assets" and "Other current liabilities" and noncurrent portion is included in "Price risk management assets" and "Other deferred credits and noncurrent liabilities" on the Balance Sheets.
[3] Included in "Other current assets" on the Balance Sheets.
[4] Included in "Other noncurrent assets" on the Balance Sheets. Represents cash collateral posted to offset the exposure with counterparties related to certain interest rate swaps under master netting arrangements that are not offset.