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Leases (Tables)
 9 Months Ended
Sep. 30, 2019
Lessee, Lease, Description [Line Items]  
Lease, Cost
The following table provides the components of lease cost for the Registrants' operating leases for the periods ended September 30, 2019.
 
Three Months
 
PPL
 
LKE
 
LG&E
 
KU
Lease cost:
 
 
 
 
 
 
 
Operating lease cost
$
6

 
$
5

 
$
1

 
$
3

Short-term lease cost
2

 
1

 
—

 
1

Total lease cost
$
8

 
$
6

 
$
1

 
$
4

 
 
 
 
 
 
 
 
 
Nine Months
 
PPL
 
LKE
 
LG&E
 
KU
Lease cost:
 
 
 
 
 
 
 
Operating lease cost
$
21

 
$
17

 
$
7

 
$
9

Short-term lease cost
5

 
2

 
1

 
1

Total lease cost
$
26

 
$
19

 
$
8

 
$
10


The following table provides other key information related to the Registrants' operating leases at September 30, 2019.
 
PPL
 
LKE
 
LG&E
 
KU
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
 
 
 
 
Operating cash flows from operating leases
$
21

 
$
17

 
$
8

 
$
9

Right-of-use asset obtained in exchange for new operating lease liabilities
37

 
8

 
3

 
5
Lessee, Operating Lease, Liability, Maturity

The following table provides the total future minimum rental payments for operating leases, as well as a reconciliation of these undiscounted cash flows to the lease liabilities recognized on the Balance Sheets as of September 30, 2019.
 
PPL
 
LKE
 
LG&E
 
KU
2019 (a)
$
8

 
$
5

 
$
2

 
$
3

2020
27

 
16

 
6

 
10

2021
21

 
12

 
5

 
7

2022
16

 
8

 
3

 
5

2023
14

 
7

 
3

 
3

2024
12

 
6

 
3

 
3

Thereafter
25

 
7

 
3

 
3

Total
$
123

 
$
61

 
$
25

 
$
34

 
 
 
 
 
 
 
 
Weighted-average discount rate 
3.47
%
 
3.97
%
 
3.9
%
 
4.01
%
Weighted-average remaining lease term (in years)  
8

 
5

 
5

 
5

Current lease liabilities (b)
$
25

 
$
16

 
$
6

 
$
9

Non-current lease liabilities (b)
80

 
39

 
16

 
22

Right-of-use assets (c)
97

 
47

 
19

 
27


(a)
Represents future minimum lease payments for the remainder of 2019.
(b)
Current lease liabilities are included in "Other Current Liabilities" on the Balance Sheets. Non-current lease liabilities are included in "Other deferred credits and noncurrent liabilities" on the Balance Sheets. The difference between the total future minimum lease payments and the recorded lease liabilities is due to the impact of discounting.
(c)
Right-of-use assets are included in "Other noncurrent assets" on the Balance Sheets.

At December 31, 2018, the total future minimum rental payments for all operating leases were estimated to be:
 
PPL
 
LKE
 
LG&E
 
KU
2019
$
26

 
$
20

 
$
10

 
$
10

2020
21

 
15

 
6

 
9

2021
15

 
11

 
4

 
7

2022
13

 
7

 
3

 
4

2023
8

 
6

 
3

 
3

Thereafter
33

 
11

 
4

 
6

Total
$
116

 
$
70

 
$
30

 
$
39
Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block]
At September 30, 2019, PPL, LKE, LG&E and KU expect to receive the following fixed lease payments over the remaining term of their operating lease agreements:
 
PPL
 
LKE
 
LG&E
 
KU
2019 (a)
$
3

 
$
2

 
$
—

 
$
2

2020
13

 
7

 
—

 
7

2021
10

 
5

 
1

 
4

2022
4

 
—

 
—

 
—

2023
4

 
1

 
—

 
—

2024
4

 
—

 
—

 
—

Thereafter
12

 
—

 
—

 
—

Total
$
50

 
$
15

 
$
1

 
$
13

 
 
 
 
 
 
 
 
Lease income recognized for the three months ended September 30, 2019
$
6

 
$
4

 
$
2

 
$
2

Lease income recognized for the nine months ended September 30, 2019
$
16

 
$
10

 
$
4

 
$
6



(a)
Represents future minimum lease payments for the remainder of 2019.
LG And E And KU Energy LLC [Member]  
Lessee, Lease, Description [Line Items]  
Lease, Cost
The following table provides the components of lease cost for the Registrants' operating leases for the periods ended September 30, 2019.
 
Three Months
 
PPL
 
LKE
 
LG&E
 
KU
Lease cost:
 
 
 
 
 
 
 
Operating lease cost
$
6

 
$
5

 
$
1

 
$
3

Short-term lease cost
2

 
1

 
—

 
1

Total lease cost
$
8

 
$
6

 
$
1

 
$
4

 
 
 
 
 
 
 
 
 
Nine Months
 
PPL
 
LKE
 
LG&E
 
KU
Lease cost:
 
 
 
 
 
 
 
Operating lease cost
$
21

 
$
17

 
$
7

 
$
9

Short-term lease cost
5

 
2

 
1

 
1

Total lease cost
$
26

 
$
19

 
$
8

 
$
10


The following table provides other key information related to the Registrants' operating leases at September 30, 2019.
 
PPL
 
LKE
 
LG&E
 
KU
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
 
 
 
 
Operating cash flows from operating leases
$
21

 
$
17

 
$
8

 
$
9

Right-of-use asset obtained in exchange for new operating lease liabilities
37

 
8

 
3

 
5
Lessee, Operating Lease, Liability, Maturity

The following table provides the total future minimum rental payments for operating leases, as well as a reconciliation of these undiscounted cash flows to the lease liabilities recognized on the Balance Sheets as of September 30, 2019.
 
PPL
 
LKE
 
LG&E
 
KU
2019 (a)
$
8

 
$
5

 
$
2

 
$
3

2020
27

 
16

 
6

 
10

2021
21

 
12

 
5

 
7

2022
16

 
8

 
3

 
5

2023
14

 
7

 
3

 
3

2024
12

 
6

 
3

 
3

Thereafter
25

 
7

 
3

 
3

Total
$
123

 
$
61

 
$
25

 
$
34

 
 
 
 
 
 
 
 
Weighted-average discount rate 
3.47
%
 
3.97
%
 
3.9
%
 
4.01
%
Weighted-average remaining lease term (in years)  
8

 
5

 
5

 
5

Current lease liabilities (b)
$
25

 
$
16

 
$
6

 
$
9

Non-current lease liabilities (b)
80

 
39

 
16

 
22

Right-of-use assets (c)
97

 
47

 
19

 
27


(a)
Represents future minimum lease payments for the remainder of 2019.
(b)
Current lease liabilities are included in "Other Current Liabilities" on the Balance Sheets. Non-current lease liabilities are included in "Other deferred credits and noncurrent liabilities" on the Balance Sheets. The difference between the total future minimum lease payments and the recorded lease liabilities is due to the impact of discounting.
(c)
Right-of-use assets are included in "Other noncurrent assets" on the Balance Sheets.

At December 31, 2018, the total future minimum rental payments for all operating leases were estimated to be:
 
PPL
 
LKE
 
LG&E
 
KU
2019
$
26

 
$
20

 
$
10

 
$
10

2020
21

 
15

 
6

 
9

2021
15

 
11

 
4

 
7

2022
13

 
7

 
3

 
4

2023
8

 
6

 
3

 
3

Thereafter
33

 
11

 
4

 
6

Total
$
116

 
$
70

 
$
30

 
$
39
Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block]
At September 30, 2019, PPL, LKE, LG&E and KU expect to receive the following fixed lease payments over the remaining term of their operating lease agreements:
 
PPL
 
LKE
 
LG&E
 
KU
2019 (a)
$
3

 
$
2

 
$
—

 
$
2

2020
13

 
7

 
—

 
7

2021
10

 
5

 
1

 
4

2022
4

 
—

 
—

 
—

2023
4

 
1

 
—

 
—

2024
4

 
—

 
—

 
—

Thereafter
12

 
—

 
—

 
—

Total
$
50

 
$
15

 
$
1

 
$
13

 
 
 
 
 
 
 
 
Lease income recognized for the three months ended September 30, 2019
$
6

 
$
4

 
$
2

 
$
2

Lease income recognized for the nine months ended September 30, 2019
$
16

 
$
10

 
$
4

 
$
6



(a)
Represents future minimum lease payments for the remainder of 2019.
Louisville Gas And Electric Co [Member]  
Lessee, Lease, Description [Line Items]  
Lease, Cost
The following table provides the components of lease cost for the Registrants' operating leases for the periods ended September 30, 2019.
 
Three Months
 
PPL
 
LKE
 
LG&E
 
KU
Lease cost:
 
 
 
 
 
 
 
Operating lease cost
$
6

 
$
5

 
$
1

 
$
3

Short-term lease cost
2

 
1

 
—

 
1

Total lease cost
$
8

 
$
6

 
$
1

 
$
4

 
 
 
 
 
 
 
 
 
Nine Months
 
PPL
 
LKE
 
LG&E
 
KU
Lease cost:
 
 
 
 
 
 
 
Operating lease cost
$
21

 
$
17

 
$
7

 
$
9

Short-term lease cost
5

 
2

 
1

 
1

Total lease cost
$
26

 
$
19

 
$
8

 
$
10


The following table provides other key information related to the Registrants' operating leases at September 30, 2019.
 
PPL
 
LKE
 
LG&E
 
KU
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
 
 
 
 
Operating cash flows from operating leases
$
21

 
$
17

 
$
8

 
$
9

Right-of-use asset obtained in exchange for new operating lease liabilities
37

 
8

 
3

 
5
Lessee, Operating Lease, Liability, Maturity

The following table provides the total future minimum rental payments for operating leases, as well as a reconciliation of these undiscounted cash flows to the lease liabilities recognized on the Balance Sheets as of September 30, 2019.
 
PPL
 
LKE
 
LG&E
 
KU
2019 (a)
$
8

 
$
5

 
$
2

 
$
3

2020
27

 
16

 
6

 
10

2021
21

 
12

 
5

 
7

2022
16

 
8

 
3

 
5

2023
14

 
7

 
3

 
3

2024
12

 
6

 
3

 
3

Thereafter
25

 
7

 
3

 
3

Total
$
123

 
$
61

 
$
25

 
$
34

 
 
 
 
 
 
 
 
Weighted-average discount rate 
3.47
%
 
3.97
%
 
3.9
%
 
4.01
%
Weighted-average remaining lease term (in years)  
8

 
5

 
5

 
5

Current lease liabilities (b)
$
25

 
$
16

 
$
6

 
$
9

Non-current lease liabilities (b)
80

 
39

 
16

 
22

Right-of-use assets (c)
97

 
47

 
19

 
27


(a)
Represents future minimum lease payments for the remainder of 2019.
(b)
Current lease liabilities are included in "Other Current Liabilities" on the Balance Sheets. Non-current lease liabilities are included in "Other deferred credits and noncurrent liabilities" on the Balance Sheets. The difference between the total future minimum lease payments and the recorded lease liabilities is due to the impact of discounting.
(c)
Right-of-use assets are included in "Other noncurrent assets" on the Balance Sheets.

At December 31, 2018, the total future minimum rental payments for all operating leases were estimated to be:
 
PPL
 
LKE
 
LG&E
 
KU
2019
$
26

 
$
20

 
$
10

 
$
10

2020
21

 
15

 
6

 
9

2021
15

 
11

 
4

 
7

2022
13

 
7

 
3

 
4

2023
8

 
6

 
3

 
3

Thereafter
33

 
11

 
4

 
6

Total
$
116

 
$
70

 
$
30

 
$
39
Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block]
At September 30, 2019, PPL, LKE, LG&E and KU expect to receive the following fixed lease payments over the remaining term of their operating lease agreements:
 
PPL
 
LKE
 
LG&E
 
KU
2019 (a)
$
3

 
$
2

 
$
—

 
$
2

2020
13

 
7

 
—

 
7

2021
10

 
5

 
1

 
4

2022
4

 
—

 
—

 
—

2023
4

 
1

 
—

 
—

2024
4

 
—

 
—

 
—

Thereafter
12

 
—

 
—

 
—

Total
$
50

 
$
15

 
$
1

 
$
13

 
 
 
 
 
 
 
 
Lease income recognized for the three months ended September 30, 2019
$
6

 
$
4

 
$
2

 
$
2

Lease income recognized for the nine months ended September 30, 2019
$
16

 
$
10

 
$
4

 
$
6



(a)
Represents future minimum lease payments for the remainder of 2019.
Kentucky Utilities Co [Member]  
Lessee, Lease, Description [Line Items]  
Lease, Cost
The following table provides the components of lease cost for the Registrants' operating leases for the periods ended September 30, 2019.
 
Three Months
 
PPL
 
LKE
 
LG&E
 
KU
Lease cost:
 
 
 
 
 
 
 
Operating lease cost
$
6

 
$
5

 
$
1

 
$
3

Short-term lease cost
2

 
1

 
—

 
1

Total lease cost
$
8

 
$
6

 
$
1

 
$
4

 
 
 
 
 
 
 
 
 
Nine Months
 
PPL
 
LKE
 
LG&E
 
KU
Lease cost:
 
 
 
 
 
 
 
Operating lease cost
$
21

 
$
17

 
$
7

 
$
9

Short-term lease cost
5

 
2

 
1

 
1

Total lease cost
$
26

 
$
19

 
$
8

 
$
10


The following table provides other key information related to the Registrants' operating leases at September 30, 2019.
 
PPL
 
LKE
 
LG&E
 
KU
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
 
 
 
 
Operating cash flows from operating leases
$
21

 
$
17

 
$
8

 
$
9

Right-of-use asset obtained in exchange for new operating lease liabilities
37

 
8

 
3

 
5
Lessee, Operating Lease, Liability, Maturity

The following table provides the total future minimum rental payments for operating leases, as well as a reconciliation of these undiscounted cash flows to the lease liabilities recognized on the Balance Sheets as of September 30, 2019.
 
PPL
 
LKE
 
LG&E
 
KU
2019 (a)
$
8

 
$
5

 
$
2

 
$
3

2020
27

 
16

 
6

 
10

2021
21

 
12

 
5

 
7

2022
16

 
8

 
3

 
5

2023
14

 
7

 
3

 
3

2024
12

 
6

 
3

 
3

Thereafter
25

 
7

 
3

 
3

Total
$
123

 
$
61

 
$
25

 
$
34

 
 
 
 
 
 
 
 
Weighted-average discount rate 
3.47
%
 
3.97
%
 
3.9
%
 
4.01
%
Weighted-average remaining lease term (in years)  
8

 
5

 
5

 
5

Current lease liabilities (b)
$
25

 
$
16

 
$
6

 
$
9

Non-current lease liabilities (b)
80

 
39

 
16

 
22

Right-of-use assets (c)
97

 
47

 
19

 
27


(a)
Represents future minimum lease payments for the remainder of 2019.
(b)
Current lease liabilities are included in "Other Current Liabilities" on the Balance Sheets. Non-current lease liabilities are included in "Other deferred credits and noncurrent liabilities" on the Balance Sheets. The difference between the total future minimum lease payments and the recorded lease liabilities is due to the impact of discounting.
(c)
Right-of-use assets are included in "Other noncurrent assets" on the Balance Sheets.

At December 31, 2018, the total future minimum rental payments for all operating leases were estimated to be:
 
PPL
 
LKE
 
LG&E
 
KU
2019
$
26

 
$
20

 
$
10

 
$
10

2020
21

 
15

 
6

 
9

2021
15

 
11

 
4

 
7

2022
13

 
7

 
3

 
4

2023
8

 
6

 
3

 
3

Thereafter
33

 
11

 
4

 
6

Total
$
116

 
$
70

 
$
30

 
$
39
Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block]
At September 30, 2019, PPL, LKE, LG&E and KU expect to receive the following fixed lease payments over the remaining term of their operating lease agreements:
 
PPL
 
LKE
 
LG&E
 
KU
2019 (a)
$
3

 
$
2

 
$
—

 
$
2

2020
13

 
7

 
—

 
7

2021
10

 
5

 
1

 
4

2022
4

 
—

 
—

 
—

2023
4

 
1

 
—

 
—

2024
4

 
—

 
—

 
—

Thereafter
12

 
—

 
—

 
—

Total
$
50

 
$
15

 
$
1

 
$
13

 
 
 
 
 
 
 
 
Lease income recognized for the three months ended September 30, 2019
$
6

 
$
4

 
$
2

 
$
2

Lease income recognized for the nine months ended September 30, 2019
$
16

 
$
10

 
$
4

 
$
6



(a)
Represents future minimum lease payments for the remainder of 2019.