XML 150 R75.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Financing Activities - Long-term Debt (Details)
£ in Millions, $ in Millions
1 Months Ended 6 Months Ended 12 Months Ended
Sep. 30, 2019
USD ($)
Sep. 30, 2019
GBP (£)
Apr. 30, 2019
USD ($)
Jun. 30, 2018
USD ($)
Jun. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2019
GBP (£)
Sep. 30, 2019
GBP (£)
Sep. 17, 2019
Jun. 30, 2019
GBP (£)
Dec. 31, 2018
USD ($)
Debt Instrument [Line Items]                      
Principal outstanding           $ 22,002         $ 20,694
Unamortized premium and (discount), net           5         9
Unamortized debt issuance costs           (126)         (120)
Total Long-term Debt           21,893         20,599
Less current portion of Long-term debt           1,172         530
Long-term Debt           20,721         20,069
Aggregate maturities of long-term debt (Details) [Abstract]                      
2019           1,169          
2020           1,574          
2021           1,274          
2022           2,254          
2023           932          
Thereafter           14,799          
WPD South West [Member] | Index-linked Senior Unsecured Notes [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount that may be redeemed in total by series           423 £ 327        
WPD South Wales [Member] | Index-linked Senior Unsecured Notes [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount | £                   £ 50  
Stated interest rate         2.189%         2.189%  
Proceeds from debt, including premium net of debt issuance costs         $ 63            
WPD West Midlands [Member] | Index-linked Senior Unsecured Notes [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount | £               £ 250      
Stated interest rate 1.75%             1.75%      
Proceeds from Debt, Net of Issuance Costs | £   £ 245                  
Proceeds from debt, including premium net of debt issuance costs $ 301                    
PPL Electric [Member] | Senior Secured Bonds 5.15% Series Due 2020 [Member] | Debt Instrument, Redemption, Period One [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount           $ 100          
Stated interest rate           5.15% 5.15%        
PPL Electric [Member] | Senior Secured Notes - First Mortgage Bonds [Member] | Mortgage Indenture [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Aggregate carrying value of property subject to lien           $ 10,100         9,400
PPL Electric [Member] | Senior Secured Notes - First Mortgage Bonds [Member] | Pollution Control Revenue Refunding Bonds [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount that may be redeemed at a future date           224          
Principal amount that may be redeemed in whole or in part           $ 90          
Minimum length of time to convert interest rate mode           1 year          
PPL Electric [Member] | First Mortgage Bonds [Member] | First Mortgage Bonds Due 2049 [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 400                    
Stated interest rate 3.00%             3.00%      
Aggregate maturities of long-term debt (Details) [Abstract]                      
Proceeds from Issuance of Secured Debt $ 390                    
LGE [Member] | Jefferson County Pollution Control Revenue Bonds, 2001 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount     $ 128                
Stated interest rate     1.85%                
LGE [Member] | Environmental Facilities Revenue Refunding Bonds, 2007 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount         $ 31            
Stated interest rate         1.65%         1.65%  
LGE [Member] | Environmental Facilities Revenue Bonds, 2007 Series B [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount         $ 35            
Stated interest rate         1.65%         1.65%  
LGE [Member] | Louisville/Jefferson County Metro Government of Kentucky Pollution Control Revenue Bonds, 2005 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Stated interest rate                 1.75%    
LGE [Member] | Louisville/Jefferson County Metro Government of Kentucky Pollution Control Revenue Bonds, 2005 Series A [Member] | Interest Rate Conversion [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount         $ 40            
LGE [Member] | First Mortgage Bonds [Member] | 2010 Mortgage Indenture [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Aggregate carrying value of property subject to lien           $ 5,300         5,100
LGE [Member] | First Mortgage Bonds [Member] | Tax Exempt Revenue Bonds [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Minimum length of time to convert interest rate mode           1 year          
LGE [Member] | First Mortgage Bonds [Member] | First Mortgage Bonds Due 2049 [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount     $ 400                
Stated interest rate     4.25%                
Aggregate maturities of long-term debt (Details) [Abstract]                      
Proceeds from Issuance of Secured Debt     $ 396                
LKE [Member] | First Mortgage Bonds [Member] | Tax Exempt Revenue Bonds [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Aggregate amount of tax-exempt revenue bonds in a term rate mode           $ 700          
Aggregate amount of tax-exempt revenue bonds in a variable rate mode           181          
KU [Member] | Environmental Facilities Revenue Bonds, 2004 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 50                    
Stated interest rate 1.75%             1.75%      
KU [Member] | Pollution Control Revenue Bonds, 2016 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 96                    
Stated interest rate 1.55%             1.55%      
KU [Member] | Environmental Facilities Revenue Bonds, 2006 Series B [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 54                    
Stated interest rate 1.20%             1.20%      
KU [Member] | Environmental Facilities Revenue Bonds, 2008 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 78                    
Stated interest rate 1.20%             1.20%      
KU [Member] | Solid Waste Disposal Facility Revenue Bonds, 2000 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 13                    
Stated interest rate 1.30%             1.30%      
KU [Member] | First Mortgage Bonds [Member] | 2010 Mortgage Indenture [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Aggregate carrying value of property subject to lien           $ 6,600         6,300
KU [Member] | First Mortgage Bonds [Member] | Tax Exempt Revenue Bonds [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Minimum length of time to convert interest rate mode           1 year          
KU [Member] | First Mortgage Bonds [Member] | First Mortgage Bond Due 2045 [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount     $ 300                
Stated interest rate     4.375%                
Aggregate maturities of long-term debt (Details) [Abstract]                      
Proceeds from Issuance of Secured Debt     $ 303                
WPD South West, WPD East Midlands and WPD South Wales [Member] | Index-linked Senior Unsecured Notes [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Increase (decrease) in principal due to inflation           $ 26 £ 20        
U.S. [Member]                      
Debt Instrument [Line Items]                      
Principal outstanding           $ 13,960         13,160
U.S. [Member] | Senior Unsecured Notes [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate           3.88% 3.88%        
Principal outstanding           $ 4,325         4,325
U.S. [Member] | Senior Secured Notes - First Mortgage Bonds [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate           3.95% 3.95%        
Principal outstanding           $ 8,705         7,705
U.S. [Member] | Junior Subordinated Notes [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate           5.24% 5.24%        
Principal outstanding           $ 930         930
U.S. [Member] | Term Loan Credit Facility [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate                  
Principal outstanding           $ 0         200
U.K. [Member]                      
Debt Instrument [Line Items]                      
Principal outstanding           8,042         7,534
Fair market value adjustments           12         16
Long-term Debt (Numeric) [Abstract]                      
Principal amount that may be put back to the issuer           $ 7,400 £ 5,700        
U.K. [Member] | Senior Unsecured Notes [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate           4.97% 4.97%        
Principal outstanding           $ 6,874         6,471
Long-term Debt (Numeric) [Abstract]                      
Principal amount that may be redeemed in total but not in part           $ 291 £ 225        
U.K. [Member] | Term Loan Credit Facility [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate           2.18% 2.18%        
Principal outstanding           $ 64         0
U.K. [Member] | Index-linked Senior Unsecured Notes [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate           1.45% 1.45%        
Principal outstanding           $ 1,104         1,063
PPL Electric Utilities Corp [Member]                      
Debt Instrument [Line Items]                      
Principal outstanding           4,039         3,739
Unamortized discount           (24)         (18)
Unamortized debt issuance costs           (30)         (27)
Total Long-term Debt           3,985         3,694
Less current portion of Long-term debt           0         0
Long-term Debt           3,985         3,694
Aggregate maturities of long-term debt (Details) [Abstract]                      
2019           0          
2020           400          
2021           474          
2022           90          
2023           0          
Thereafter           3,075          
PPL Electric Utilities Corp [Member] | Senior Secured Bonds 5.15% Series Due 2020 [Member] | Debt Instrument, Redemption, Period One [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount           $ 100          
Stated interest rate           5.15% 5.15%        
PPL Electric Utilities Corp [Member] | Senior Secured Notes - First Mortgage Bonds [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate           4.08% 4.08%        
Principal outstanding           $ 4,039         3,739
PPL Electric Utilities Corp [Member] | Senior Secured Notes - First Mortgage Bonds [Member] | Mortgage Indenture [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Aggregate carrying value of property subject to lien           10,100         9,400
PPL Electric Utilities Corp [Member] | Senior Secured Notes - First Mortgage Bonds [Member] | Pollution Control Revenue Refunding Bonds [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount that may be redeemed at a future date           224          
Principal amount that may be redeemed in whole or in part           $ 90          
Minimum length of time to convert interest rate mode           1 year          
PPL Electric Utilities Corp [Member] | First Mortgage Bonds [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount       $ 400              
Stated interest rate       3.00%              
Proceeds from Debt, Net of Issuance Costs       $ 390              
LG And E And KU Energy LLC [Member]                      
Debt Instrument [Line Items]                      
Principal outstanding           $ 6,041         5,541
Debt Instrument, Unamortized Premium           5         0
Unamortized discount           (12)         (13)
Unamortized debt issuance costs           (32)         (26)
Total Long-term Debt           6,002         5,502
Less current portion of Long-term debt           975         530
Long-term Debt           5,027         4,972
Aggregate maturities of long-term debt (Details) [Abstract]                      
2019           975          
2020           674          
2021           0          
2022           13          
2023           0          
Thereafter           $ 4,379          
LG And E And KU Energy LLC [Member] | Senior Unsecured Notes [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate           3.97% 3.97%        
Principal outstanding           $ 725         725
LG And E And KU Energy LLC [Member] | Term Loan Credit Facility [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate                  
Principal outstanding           $ 0         200
LG And E And KU Energy LLC [Member] | First Mortgage Bonds [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate           3.84% 3.84%        
Principal outstanding           $ 4,666         3,966
LG And E And KU Energy LLC [Member] | First Mortgage Bonds [Member] | Tax Exempt Revenue Bonds [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Aggregate amount of tax-exempt revenue bonds in a term rate mode           700          
Aggregate amount of tax-exempt revenue bonds in a variable rate mode           $ 181          
LG And E And KU Energy LLC [Member] | PPL Affiliate [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate           3.69% 3.69%        
Principal outstanding           $ 650         650
LG And E And KU Energy LLC [Member] | LGE [Member] | Jefferson County Pollution Control Revenue Bonds, 2001 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount     $ 128                
Stated interest rate     1.85%                
LG And E And KU Energy LLC [Member] | LGE [Member] | Environmental Facilities Revenue Refunding Bonds, 2007 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount         $ 31            
Stated interest rate         1.65%         1.65%  
LG And E And KU Energy LLC [Member] | LGE [Member] | Environmental Facilities Revenue Bonds, 2007 Series B [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount         $ 35            
Stated interest rate         1.65%         1.65%  
LG And E And KU Energy LLC [Member] | LGE [Member] | Louisville/Jefferson County Metro Government of Kentucky Pollution Control Revenue Bonds, 2005 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Stated interest rate                 1.75%    
LG And E And KU Energy LLC [Member] | LGE [Member] | Louisville/Jefferson County Metro Government of Kentucky Pollution Control Revenue Bonds, 2005 Series A [Member] | Interest Rate Conversion [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount         $ 40            
LG And E And KU Energy LLC [Member] | LGE [Member] | First Mortgage Bonds [Member] | 2010 Mortgage Indenture [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Aggregate carrying value of property subject to lien           $ 5,300         5,100
LG And E And KU Energy LLC [Member] | LGE [Member] | First Mortgage Bonds [Member] | Tax Exempt Revenue Bonds [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Minimum length of time to convert interest rate mode           1 year          
LG And E And KU Energy LLC [Member] | LGE [Member] | First Mortgage Bonds [Member] | First Mortgage Bonds Due 2049 [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount     $ 400                
Stated interest rate     4.25%                
Aggregate maturities of long-term debt (Details) [Abstract]                      
Proceeds from Issuance of Secured Debt     $ 396                
LG And E And KU Energy LLC [Member] | KU [Member] | Environmental Facilities Revenue Bonds, 2004 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 50                    
Stated interest rate 1.75%             1.75%      
LG And E And KU Energy LLC [Member] | KU [Member] | Pollution Control Revenue Bonds, 2016 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 96                    
Stated interest rate 1.55%             1.55%      
LG And E And KU Energy LLC [Member] | KU [Member] | Environmental Facilities Revenue Bonds, 2006 Series B [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 54                    
Stated interest rate 1.20%             1.20%      
LG And E And KU Energy LLC [Member] | KU [Member] | Environmental Facilities Revenue Bonds, 2008 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 78                    
Stated interest rate 1.20%             1.20%      
LG And E And KU Energy LLC [Member] | KU [Member] | Solid Waste Disposal Facility Revenue Bonds, 2000 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 13                    
Stated interest rate 1.30%             1.30%      
LG And E And KU Energy LLC [Member] | KU [Member] | First Mortgage Bonds [Member] | 2010 Mortgage Indenture [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Aggregate carrying value of property subject to lien           $ 6,600         6,300
LG And E And KU Energy LLC [Member] | KU [Member] | First Mortgage Bonds [Member] | Tax Exempt Revenue Bonds [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Minimum length of time to convert interest rate mode           1 year          
LG And E And KU Energy LLC [Member] | KU [Member] | First Mortgage Bonds [Member] | First Mortgage Bond Due 2045 [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount     $ 300                
Stated interest rate     4.375%                
Aggregate maturities of long-term debt (Details) [Abstract]                      
Proceeds from Issuance of Secured Debt     $ 303                
Louisville Gas And Electric Co [Member]                      
Debt Instrument [Line Items]                      
Principal outstanding           $ 2,024         1,824
Unamortized discount           (4)         (4)
Unamortized debt issuance costs           (15)         (11)
Total Long-term Debt           2,005         1,809
Less current portion of Long-term debt           0         434
Long-term Debt           2,005         1,375
Aggregate maturities of long-term debt (Details) [Abstract]                      
2019           0          
2020           292          
2021           0          
2022           0          
2023           0          
Thereafter           $ 1,732          
Louisville Gas And Electric Co [Member] | Jefferson County Pollution Control Revenue Bonds, 2001 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount     $ 128                
Stated interest rate     1.85%                
Louisville Gas And Electric Co [Member] | Environmental Facilities Revenue Refunding Bonds, 2007 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount         $ 31            
Stated interest rate         1.65%         1.65%  
Louisville Gas And Electric Co [Member] | Environmental Facilities Revenue Bonds, 2007 Series B [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount         $ 35            
Stated interest rate         1.65%         1.65%  
Louisville Gas And Electric Co [Member] | Louisville/Jefferson County Metro Government of Kentucky Pollution Control Revenue Bonds, 2005 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Stated interest rate                 1.75%    
Louisville Gas And Electric Co [Member] | Louisville/Jefferson County Metro Government of Kentucky Pollution Control Revenue Bonds, 2005 Series A [Member] | Interest Rate Conversion [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount         $ 40            
Louisville Gas And Electric Co [Member] | Term Loan Credit Facility [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate                  
Principal outstanding           $ 0         200
Louisville Gas And Electric Co [Member] | First Mortgage Bonds [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate           3.73% 3.73%        
Principal outstanding           $ 2,024         1,624
Louisville Gas And Electric Co [Member] | First Mortgage Bonds [Member] | 2010 Mortgage Indenture [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Aggregate carrying value of property subject to lien           $ 5,300         5,100
Louisville Gas And Electric Co [Member] | First Mortgage Bonds [Member] | Tax Exempt Revenue Bonds [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Minimum length of time to convert interest rate mode           1 year          
Aggregate amount of tax-exempt revenue bonds in a term rate mode           $ 392          
Aggregate amount of tax-exempt revenue bonds in a variable rate mode           148          
Louisville Gas And Electric Co [Member] | First Mortgage Bonds [Member] | First Mortgage Bonds Due 2049 [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount     $ 400                
Stated interest rate     4.25%                
Aggregate maturities of long-term debt (Details) [Abstract]                      
Proceeds from Issuance of Secured Debt     $ 396                
Kentucky Utilities Co [Member]                      
Debt Instrument [Line Items]                      
Principal outstanding           2,642         2,342
Debt Instrument, Unamortized Premium           5         0
Unamortized discount           (8)         (8)
Unamortized debt issuance costs           (16)         (13)
Total Long-term Debt           2,623         2,321
Less current portion of Long-term debt           500         96
Long-term Debt           2,123         2,225
Aggregate maturities of long-term debt (Details) [Abstract]                      
2019           500          
2020           132          
2021           0          
2022           13          
2023           0          
Thereafter           $ 1,997          
Kentucky Utilities Co [Member] | Environmental Facilities Revenue Bonds, 2004 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 50                    
Stated interest rate 1.75%             1.75%      
Kentucky Utilities Co [Member] | Pollution Control Revenue Bonds, 2016 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 96                    
Stated interest rate 1.55%             1.55%      
Kentucky Utilities Co [Member] | Environmental Facilities Revenue Bonds, 2006 Series B [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 54                    
Stated interest rate 1.20%             1.20%      
Kentucky Utilities Co [Member] | Environmental Facilities Revenue Bonds, 2008 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 78                    
Stated interest rate 1.20%             1.20%      
Kentucky Utilities Co [Member] | Solid Waste Disposal Facility Revenue Bonds, 2000 Series A [Member] | Remarketed [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount $ 13                    
Stated interest rate 1.30%             1.30%      
Kentucky Utilities Co [Member] | First Mortgage Bonds [Member]                      
Debt Instrument [Line Items]                      
Weighted-Average Rate           3.93% 3.93%        
Principal outstanding           $ 2,642         2,342
Kentucky Utilities Co [Member] | First Mortgage Bonds [Member] | 2010 Mortgage Indenture [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Aggregate carrying value of property subject to lien           $ 6,600         $ 6,300
Kentucky Utilities Co [Member] | First Mortgage Bonds [Member] | Tax Exempt Revenue Bonds [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Minimum length of time to convert interest rate mode           1 year          
Aggregate amount of tax-exempt revenue bonds in a term rate mode           $ 308          
Aggregate amount of tax-exempt revenue bonds in a variable rate mode           $ 33          
Kentucky Utilities Co [Member] | First Mortgage Bonds [Member] | First Mortgage Bond Due 2045 [Member]                      
Long-term Debt (Numeric) [Abstract]                      
Principal amount     $ 300                
Stated interest rate     4.375%                
Aggregate maturities of long-term debt (Details) [Abstract]                      
Proceeds from Issuance of Secured Debt     $ 303