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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Assets, Current [Abstract]    
Cash and cash equivalents $ 842 $ 485
Accounts receivable (less reserve:)    
Customer 684 681
Other 58 100
Unbilled revenues 411 543
Fuel, materials and supplies 295 320
Prepayments 103 66
Price risk management assets 91 49
Regulatory assets 29 34
Other current assets 61 50
Total Current Assets 2,545 2,294
Property, Plant and Equipment    
Regulated utility plant 39,144 38,228
Less: accumulated depreciation - regulated utility plant 7,196 6,785
Regulated utility plant, net 31,948 31,443
Non-regulated property, plant and equipment 365 384
Less: accumulated depreciation - non-regulated property, plant and equipment 111 110
Non-regulated property, plant and equipment, net 254 274
Construction work in progress 1,816 1,375
Property, Plant and Equipment, net 34,018 33,092
Other Noncurrent Assets    
Regulatory assets 1,525 1,504
Goodwill 3,242 3,258
Other intangibles 700 697
Pension benefit asset 615 284
Price risk management assets 206 215
Other noncurrent assets 191 135
Total Other Noncurrent Assets 6,479 6,093
Total Assets 43,042 41,479
Current Liabilities    
Short-term debt 1,549 1,080
Long-term debt due within one year 330 348
Accounts payable 814 924
Taxes 121 105
Interest 326 282
Dividends 287 273
Customer deposits 265 292
Regulatory liabilities 136 95
Other current liabilities 555 624
Total Current Liabilities 4,383 4,023
Long-term Debt    
Long-term Debt 19,924 19,847
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 2,717 2,462
Investment tax credits 127 129
Accrued pension obligations 649 800
Asset retirement obligations 279 312
Regulatory liabilities 2,739 2,704
Other deferred credits and noncurrent liabilities 441 441
Total Deferred Credits and Other Noncurrent Liabilities 6,952 6,848
Commitments and Contingent Liabilities
Equity    
Common stock [1] 7 7
Additional paid-in capital 11,001 10,305
Earnings reinvested 4,423 3,871
Accumulated other comprehensive loss (3,648) (3,422)
Total Equity 11,783 10,761
Total Liabilities and Equity 43,042 41,479
PPL Electric Utilities Corp [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 414 49
Accounts receivable (less reserve:)    
Customer 309 279
Other 18 71
Accounts receivable from affiliates 11 0
Unbilled revenues 82 127
Fuel, materials and supplies 26 34
Prepayments 31 6
Regulatory assets 18 16
Other current assets 10 6
Total Current Assets 919 588
Property, Plant and Equipment    
Regulated utility plant 11,332 10,785
Less: accumulated depreciation - regulated utility plant 2,848 2,778
Regulated utility plant, net 8,484 8,007
Construction work in progress 643 508
Property, Plant and Equipment, net 9,127 8,515
Other Noncurrent Assets    
Regulatory assets 738 709
Other intangibles 260 259
Other noncurrent assets 52 11
Total Other Noncurrent Assets 1,050 979
Total Assets 11,096 10,082
Current Liabilities    
Accounts payable 384 386
Accounts payable to affiliates 25 31
Taxes 7 8
Interest 43 36
Regulatory liabilities 72 86
Other current liabilities 99 98
Total Current Liabilities 630 645
Long-term Debt    
Long-term Debt 3,693 3,298
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,258 1,154
Accrued pension obligations 210 246
Regulatory liabilities 686 668
Other deferred credits and noncurrent liabilities 135 79
Total Deferred Credits and Other Noncurrent Liabilities 2,289 2,147
Commitments and Contingent Liabilities
Equity    
Common stock [2] 364 364
Additional paid-in capital 3,158 2,729
Earnings reinvested 962 899
Total Equity 4,484 3,992
Total Liabilities and Equity 11,096 10,082
LG And E And KU Energy LLC [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 29 30
Accounts receivable (less reserve:)    
Customer 230 246
Other 47 44
Unbilled revenues 149 203
Fuel, materials and supplies 238 254
Prepayments 32 25
Regulatory assets 11 18
Other current assets 7 8
Total Current Assets 743 828
Property, Plant and Equipment    
Regulated utility plant 13,438 13,187
Less: accumulated depreciation - regulated utility plant 2,031 1,785
Regulated utility plant, net 11,407 11,402
Construction work in progress 1,000 627
Property, Plant and Equipment, net 12,407 12,029
Other Noncurrent Assets    
Regulatory assets 787 795
Goodwill 996 996
Other intangibles 80 86
Other noncurrent assets 75 68
Total Other Noncurrent Assets 1,938 1,945
Total Assets 15,088 14,802
Current Liabilities    
Short-term debt 304 244
Long-term debt due within one year 330 98
Notes payable with affiliates 80 225
Accounts payable 271 338
Accounts payable to affiliates 14 7
Taxes 55 66
Price risk management liabilities 4 4
Interest 73 32
Customer deposits 60 58
Regulatory liabilities 64 9
Asset retirement obligations 86 85
Other current liabilities 127 161
Total Current Liabilities 1,468 1,327
Long-term Debt    
Long-term debt 4,521 4,661
Long-term debt to affiliate 650 400
Long-term Debt 5,171 5,061
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 922 866
Investment tax credits 127 129
Accrued pension obligations 256 365
Asset retirement obligations 231 271
Regulatory liabilities 2,053 2,036
Price risk management liabilities 15 22
Other deferred credits and noncurrent liabilities 137 162
Total Deferred Credits and Other Noncurrent Liabilities 3,741 3,851
Commitments and Contingent Liabilities
Equity    
Accumulated other comprehensive loss (84) (88)
Member's Equity 4,708 4,563
Total Liabilities and Equity 15,088 14,802
Louisville Gas And Electric Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 11 15
Accounts receivable (less reserve:)    
Customer 102 116
Other 13 13
Accounts receivable from affiliates 22 24
Unbilled revenues 61 91
Fuel, materials and supplies 122 131
Prepayments 14 11
Regulatory assets 11 12
Other current assets 3 3
Total Current Assets 359 416
Property, Plant and Equipment    
Regulated utility plant 5,684 5,587
Less: accumulated depreciation - regulated utility plant 707 614
Regulated utility plant, net 4,977 4,973
Construction work in progress 520 305
Property, Plant and Equipment, net 5,497 5,278
Other Noncurrent Assets    
Regulatory assets 400 411
Goodwill 389 389
Other intangibles 49 53
Other noncurrent assets 27 12
Total Other Noncurrent Assets 865 865
Total Assets 6,721 6,559
Current Liabilities    
Short-term debt 176 199
Long-term debt due within one year 234 98
Accounts payable 152 179
Accounts payable to affiliates 22 23
Taxes 29 25
Price risk management liabilities 4 4
Interest 24 11
Customer deposits 28 27
Regulatory liabilities 26 3
Asset retirement obligations 21 24
Other current liabilities 39 52
Total Current Liabilities 755 645
Long-term Debt    
Long-term Debt 1,574 1,611
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 611 572
Investment tax credits 35 35
Accrued pension obligations 0 45
Asset retirement obligations 86 97
Regulatory liabilities 920 919
Price risk management liabilities 15 22
Other deferred credits and noncurrent liabilities 80 86
Total Deferred Credits and Other Noncurrent Liabilities 1,747 1,776
Commitments and Contingent Liabilities
Equity    
Common stock [3] 424 424
Additional paid-in capital 1,755 1,712
Earnings reinvested 466 391
Total Equity 2,645 2,527
Total Liabilities and Equity 6,721 6,559
Kentucky Utilities Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 18 15
Accounts receivable (less reserve:)    
Customer 128 130
Other 25 30
Unbilled revenues 88 112
Fuel, materials and supplies 116 123
Prepayments 17 14
Regulatory assets 0 6
Other current assets 4 5
Total Current Assets 396 435
Property, Plant and Equipment    
Regulated utility plant 7,746 7,592
Less: accumulated depreciation - regulated utility plant 1,323 1,170
Regulated utility plant, net 6,423 6,422
Construction work in progress 479 321
Property, Plant and Equipment, net 6,902 6,743
Other Noncurrent Assets    
Regulatory assets 387 384
Goodwill 607 607
Other intangibles 31 33
Other noncurrent assets 77 52
Total Other Noncurrent Assets 1,102 1,076
Total Assets 8,400 8,254
Current Liabilities    
Short-term debt 128 45
Long-term debt due within one year 96 0
Accounts payable 105 137
Accounts payable to affiliates 47 53
Taxes 30 19
Interest 37 16
Customer deposits 32 31
Regulatory liabilities 38 6
Asset retirement obligations 65 61
Other current liabilities 43 46
Total Current Liabilities 621 414
Long-term Debt    
Long-term Debt 2,224 2,328
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 719 691
Investment tax credits 92 94
Accrued pension obligations 0 36
Asset retirement obligations 145 174
Regulatory liabilities 1,133 1,117
Other deferred credits and noncurrent liabilities 35 43
Total Deferred Credits and Other Noncurrent Liabilities 2,124 2,155
Commitments and Contingent Liabilities
Equity    
Common stock [4] 308 308
Additional paid-in capital 2,661 2,616
Earnings reinvested 462 433
Total Equity 3,431 3,357
Total Liabilities and Equity $ 8,400 $ 8,254
[1] 1,560,000 shares authorized; 719,702 and 693,398 shares issued and outstanding at September 30, 2018 and December 31, 2017.
[2] 170,000 shares authorized; 66,368 shares issued and outstanding at September 30, 2018 and December 31, 2017.
[3] 75,000 shares authorized; 21,294 shares issued and outstanding at September 30, 2018 and December 31, 2017.
[4] 80,000 shares authorized; 37,818 shares issued and outstanding at September 30, 2018 and December 31, 2017.