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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Assets, Current [Abstract]    
Cash and cash equivalents $ 629 $ 485
Accounts receivable (less reserve:)    
Customer 760 681
Other 89 100
Unbilled revenues 489 543
Prepayments 139 66
Fuel, materials and supplies 279 320
Price risk management assets 56 49
Regulatory assets 28 34
Other current assets 49 50
Total Current Assets 2,490 2,294
Property, Plant and Equipment    
Regulated utility plant 38,891 38,228
Less: accumulated depreciation - regulated utility plant 7,003 6,785
Regulated utility plant, net 31,888 31,443
Non-regulated property, plant and equipment 387 384
Less: accumulated depreciation - non-regulated property, plant and equipment 114 110
Non-regulated property, plant and equipment, net 273 274
Construction work in progress 1,575 1,375
Property, Plant and Equipment, net 33,736 33,092
Other Noncurrent Assets    
Regulatory assets 1,519 1,504
Goodwill 3,302 3,258
Other intangibles 703 697
Pension benefit asset 378 284
Price risk management assets 120 215
Other noncurrent assets 140 135
Total Other Noncurrent Assets 6,162 6,093
Total Assets 42,388 41,479
Current Liabilities    
Short-term debt 1,457 1,080
Long-term debt due within one year 250 348
Accounts payable 836 924
Taxes 128 105
Interest 323 282
Dividends 285 273
Customer deposits 286 292
Regulatory liabilities 158 95
Other current liabilities 515 624
Total Current Liabilities 4,238 4,023
Long-term Debt    
Long-term Debt 20,214 19,847
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 2,557 2,462
Investment tax credits 128 129
Accrued pension obligations 653 800
Asset retirement obligations 292 312
Regulatory liabilities 2,689 2,704
Other deferred credits and noncurrent liabilities 441 441
Total Deferred Credits and Other Noncurrent Liabilities 6,760 6,848
Commitments and Contingent Liabilities
Equity    
Common stock [1] 7 7
Additional paid-in capital 10,411 10,305
Earnings reinvested 4,037 3,871
Accumulated other comprehensive loss (3,279) (3,422)
Total Equity 11,176 10,761
Total Liabilities and Equity 42,388 41,479
PPL Electric Utilities Corp [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 20 49
Accounts receivable (less reserve:)    
Customer 328 279
Other 10 71
Accounts receivable from affiliates 42 0
Unbilled revenues 111 127
Prepayments 75 6
Fuel, materials and supplies 34 34
Regulatory assets 16 16
Other current assets 12 6
Total Current Assets 648 588
Property, Plant and Equipment    
Regulated utility plant 10,950 10,785
Less: accumulated depreciation - regulated utility plant 2,815 2,778
Regulated utility plant, net 8,135 8,007
Construction work in progress 560 508
Property, Plant and Equipment, net 8,695 8,515
Other Noncurrent Assets    
Regulatory assets 726 709
Other intangibles 259 259
Other noncurrent assets 15 11
Total Other Noncurrent Assets 1,000 979
Total Assets 10,343 10,082
Current Liabilities    
Short-term debt 213 0
Accounts payable 362 386
Accounts payable to affiliates 32 31
Taxes 12 8
Interest 38 36
Regulatory liabilities 95 86
Other current liabilities 83 98
Total Current Liabilities 835 645
Long-term Debt    
Long-term Debt 3,298 3,298
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,184 1,154
Accrued pension obligations 215 246
Regulatory liabilities 662 668
Other deferred credits and noncurrent liabilities 81 79
Total Deferred Credits and Other Noncurrent Liabilities 2,142 2,147
Commitments and Contingent Liabilities
Equity    
Common stock [2] 364 364
Additional paid-in capital 2,729 2,729
Earnings reinvested 975 899
Total Equity 4,068 3,992
Total Liabilities and Equity 10,343 10,082
LG And E And KU Energy LLC [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 27 30
Accounts receivable (less reserve:)    
Customer 247 246
Other 41 44
Accounts receivable from affiliates 1 0
Unbilled revenues 172 203
Prepayments 28 25
Fuel, materials and supplies 212 254
Regulatory assets 12 18
Other current assets 5 8
Total Current Assets 745 828
Property, Plant and Equipment    
Regulated utility plant 13,226 13,187
Less: accumulated depreciation - regulated utility plant 1,866 1,785
Regulated utility plant, net 11,360 11,402
Construction work in progress 775 627
Property, Plant and Equipment, net 12,135 12,029
Other Noncurrent Assets    
Regulatory assets 793 795
Goodwill 996 996
Other intangibles 84 86
Other noncurrent assets 81 68
Total Other Noncurrent Assets 1,954 1,945
Total Assets 14,834 14,802
Current Liabilities    
Short-term debt 215 244
Long-term debt due within one year 0 98
Notes payable with affiliates 237 225
Accounts payable 292 338
Accounts payable to affiliates 9 7
Taxes 73 66
Price risk management liabilities 4 4
Interest 74 32
Customer deposits 59 58
Regulatory liabilities 63 9
Asset retirement obligations 91 85
Other current liabilities 94 161
Total Current Liabilities 1,211 1,327
Long-term Debt    
Long-term debt 4,859 4,661
Long-term debt to affiliate 400 400
Long-term Debt 5,259 5,061
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 882 866
Investment tax credits 128 129
Accrued pension obligations 265 365
Asset retirement obligations 249 271
Regulatory liabilities 2,027 2,036
Price risk management liabilities 18 22
Other deferred credits and noncurrent liabilities 158 162
Total Deferred Credits and Other Noncurrent Liabilities 3,727 3,851
Commitments and Contingent Liabilities
Equity    
Member's Equity 4,637 4,563
Total Liabilities and Equity 14,834 14,802
Louisville Gas And Electric Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 14 15
Accounts receivable (less reserve:)    
Customer 111 116
Other 14 13
Accounts receivable from affiliates 31 24
Unbilled revenues 75 91
Prepayments 12 11
Fuel, materials and supplies 95 131
Regulatory assets 10 12
Other current assets 1 3
Total Current Assets 363 416
Property, Plant and Equipment    
Regulated utility plant 5,597 5,587
Less: accumulated depreciation - regulated utility plant 646 614
Regulated utility plant, net 4,951 4,973
Construction work in progress 401 305
Property, Plant and Equipment, net 5,352 5,278
Other Noncurrent Assets    
Regulatory assets 406 411
Goodwill 389 389
Other intangibles 51 53
Other noncurrent assets 26 12
Total Other Noncurrent Assets 872 865
Total Assets 6,587 6,559
Current Liabilities    
Short-term debt 137 199
Long-term debt due within one year 0 98
Accounts payable 170 179
Accounts payable to affiliates 21 23
Taxes 24 25
Price risk management liabilities 4 4
Interest 24 11
Customer deposits 28 27
Regulatory liabilities 29 3
Asset retirement obligations 19 24
Other current liabilities 34 52
Total Current Liabilities 490 645
Long-term Debt    
Long-term Debt 1,808 1,611
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 582 572
Investment tax credits 35 35
Accrued pension obligations 0 45
Asset retirement obligations 92 97
Regulatory liabilities 912 919
Price risk management liabilities 18 22
Other deferred credits and noncurrent liabilities 85 86
Total Deferred Credits and Other Noncurrent Liabilities 1,724 1,776
Commitments and Contingent Liabilities
Equity    
Common stock [3] 424 424
Additional paid-in capital 1,712 1,712
Earnings reinvested 429 391
Total Equity 2,565 2,527
Total Liabilities and Equity 6,587 6,559
Kentucky Utilities Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 11 15
Accounts receivable (less reserve:)    
Customer 136 130
Other 26 30
Unbilled revenues 97 112
Prepayments 14 14
Fuel, materials and supplies 117 123
Regulatory assets 2 6
Other current assets 4 5
Total Current Assets 407 435
Property, Plant and Equipment    
Regulated utility plant 7,620 7,592
Less: accumulated depreciation - regulated utility plant 1,218 1,170
Regulated utility plant, net 6,402 6,422
Construction work in progress 373 321
Property, Plant and Equipment, net 6,775 6,743
Other Noncurrent Assets    
Regulatory assets 387 384
Goodwill 607 607
Other intangibles 33 33
Other noncurrent assets 67 52
Total Other Noncurrent Assets 1,094 1,076
Total Assets 8,276 8,254
Current Liabilities    
Short-term debt 78 45
Accounts payable 109 137
Accounts payable to affiliates 54 53
Taxes 33 19
Interest 38 16
Customer deposits 31 31
Regulatory liabilities 34 6
Asset retirement obligations 72 61
Other current liabilities 30 46
Total Current Liabilities 479 414
Long-term Debt    
Long-term Debt 2,329 2,328
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 696 691
Investment tax credits 93 94
Accrued pension obligations 0 36
Asset retirement obligations 157 174
Regulatory liabilities 1,115 1,117
Other deferred credits and noncurrent liabilities 42 43
Total Deferred Credits and Other Noncurrent Liabilities 2,103 2,155
Commitments and Contingent Liabilities
Equity    
Common stock [4] 308 308
Additional paid-in capital 2,616 2,616
Earnings reinvested 441 433
Total Equity 3,365 3,357
Total Liabilities and Equity $ 8,276 $ 8,254
[1] 1,560,000 shares authorized; 697,383 and 693,398 shares issued and outstanding at March 31, 2018 and December 31, 2017.
[2] 170,000 shares authorized; 66,368 shares issued and outstanding at March 31, 2018 and December 31, 2017.
[3] 75,000 shares authorized; 21,294 shares issued and outstanding at March 31, 2018 and December 31, 2017.
[4] 80,000 shares authorized; 37,818 shares issued and outstanding at March 31, 2018 and December 31, 2017.