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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Assets, Current [Abstract]    
Cash and cash equivalents $ 915 $ 815
Accounts receivable (less reserve:)    
Customer 730 687
Other 107 105
Unbilled revenues 434 504
Fuel, materials and supplies 320 332
Prepayments 155 79
Price risk management assets 193 147
Regulatory assets 75 67
Other current assets 102 98
Total Current Assets 2,956 2,767
Property, Plant and Equipment    
Regulated utility plant 43,109 42,709
Less: accumulated depreciation - regulated utility plant 8,212 8,055
Regulated utility plant, net 34,897 34,654
Non-regulated property, plant and equipment 380 357
Less: accumulated depreciation - non-regulated property, plant and equipment 87 109
Non-regulated property, plant and equipment, net 293 248
Construction work in progress 1,645 1,580
Property, Plant and Equipment, net 36,835 36,482
Other Noncurrent Assets    
Regulatory assets 1,477 1,492
Goodwill 3,178 3,198
Other intangibles 748 742
Pension benefit asset 603 464
Price risk management assets 166 149
Other noncurrent assets 365 386
Total Other Noncurrent Assets 6,537 6,431
Total Assets 46,328 45,680
Current Liabilities    
Short-term debt 1,696 1,151
Long-term debt due within one year 1,170 1,172
Accounts payable 833 956
Taxes 100 99
Interest 352 294
Dividends 319 317
Customer deposits 265 261
Regulatory liabilities 99 115
Other current liabilities 488 535
Total Current Liabilities 5,322 4,900
Long-term Debt    
Long-term Debt 20,670 20,721
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 3,217 3,088
Investment tax credits 123 124
Accrued pension obligations 500 587
Asset retirement obligations 217 212
Regulatory liabilities 2,557 2,572
Other deferred credits and noncurrent liabilities 481 485
Total Deferred Credits and Other Noncurrent Liabilities 7,095 7,068
Commitments and Contingent Liabilities
Equity    
Common stock [1] 8 8
Additional paid-in capital 12,239 12,214
Earnings reinvested 5,360 5,127
Accumulated other comprehensive loss (4,366) (4,358)
Total Equity 13,241 12,991
Total Liabilities and Equity 46,328 45,680
PPL Electric Utilities Corp [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 33 262
Accounts receivable (less reserve:)    
Customer 289 258
Other 18 22
Accounts receivable from affiliates 10 11
Unbilled revenues 100 134
Fuel, materials and supplies 48 33
Prepayments 82 6
Regulatory assets 23 26
Other current assets 10 9
Total Current Assets 613 761
Property, Plant and Equipment    
Regulated utility plant 12,750 12,589
Less: accumulated depreciation - regulated utility plant 3,137 3,078
Regulated utility plant, net 9,613 9,511
Construction work in progress 633 597
Property, Plant and Equipment, net 10,246 10,108
Other Noncurrent Assets    
Regulatory assets 710 726
Other intangibles 264 263
Other noncurrent assets 49 43
Total Other Noncurrent Assets 1,023 1,032
Total Assets 11,882 11,901
Current Liabilities    
Short-term debt 85 0
Accounts payable 394 438
Accounts payable to affiliates 34 32
Taxes 11 13
Interest 48 41
Regulatory liabilities 83 96
Other current liabilities 75 93
Total Current Liabilities 730 713
Long-term Debt    
Long-term Debt 3,986 3,985
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,487 1,447
Accrued pension obligations 153 179
Regulatory liabilities 595 599
Other deferred credits and noncurrent liabilities 146 146
Total Deferred Credits and Other Noncurrent Liabilities 2,381 2,371
Commitments and Contingent Liabilities
Equity    
Common stock [2] 364 364
Additional paid-in capital 3,558 3,558
Earnings reinvested 863 910
Total Equity 4,785 4,832
Total Liabilities and Equity 11,882 11,901
LG And E And KU Energy LLC [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 47 27
Accounts receivable (less reserve:)    
Customer 246 260
Other 65 71
Unbilled revenues 137 164
Fuel, materials and supplies 226 250
Prepayments 23 30
Regulatory assets 52 41
Other current assets 0 2
Total Current Assets 796 845
Property, Plant and Equipment    
Regulated utility plant 14,798 14,646
Less: accumulated depreciation - regulated utility plant 2,401 2,356
Regulated utility plant, net 12,397 12,290
Construction work in progress 793 794
Property, Plant and Equipment, net 13,190 13,084
Other Noncurrent Assets    
Regulatory assets 767 766
Goodwill 996 996
Other intangibles 67 69
Other noncurrent assets 126 171
Total Other Noncurrent Assets 1,956 2,002
Total Assets 15,942 15,931
Current Liabilities    
Short-term debt 303 388
Long-term debt due within one year 975 975
Notes payable with affiliates 242 150
Accounts payable 257 316
Accounts payable to affiliates 12 11
Taxes 31 58
Price risk management liabilities 4 4
Interest 91 40
Customer deposits 64 62
Regulatory liabilities 16 19
Asset retirement obligations 66 70
Other current liabilities 116 153
Total Current Liabilities 2,177 2,246
Long-term Debt    
Long-term debt 4,378 4,377
Long-term debt to affiliate 650 650
Long-term Debt 5,028 5,027
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,111 1,069
Investment tax credits 123 124
Accrued pension obligations 184 233
Asset retirement obligations 151 145
Regulatory liabilities 1,962 1,973
Price risk management liabilities 25 17
Other deferred credits and noncurrent liabilities 155 155
Total Deferred Credits and Other Noncurrent Liabilities 3,711 3,716
Commitments and Contingent Liabilities
Equity    
Member's Equity 5,026 4,942
Total Liabilities and Equity 15,942 15,931
Louisville Gas And Electric Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 7 15
Accounts receivable (less reserve:)    
Customer 115 121
Other 40 41
Accounts receivable from affiliates 24 18
Unbilled revenues 65 76
Fuel, materials and supplies 95 122
Prepayments 12 14
Regulatory assets 26 25
Other current assets 0 1
Total Current Assets 384 433
Property, Plant and Equipment    
Regulated utility plant 6,469 6,372
Less: accumulated depreciation - regulated utility plant 881 846
Regulated utility plant, net 5,588 5,526
Construction work in progress 271 297
Property, Plant and Equipment, net 5,859 5,823
Other Noncurrent Assets    
Regulatory assets 383 380
Goodwill 389 389
Other intangibles 40 41
Other noncurrent assets 70 67
Total Other Noncurrent Assets 882 877
Total Assets 7,125 7,133
Current Liabilities    
Short-term debt 159 238
Notes payable with affiliates 21 0
Accounts payable 141 172
Accounts payable to affiliates 27 31
Taxes 35 33
Price risk management liabilities 4 4
Interest 33 15
Customer deposits 32 31
Regulatory liabilities 1 2
Asset retirement obligations 24 24
Other current liabilities 40 47
Total Current Liabilities 517 597
Long-term Debt    
Long-term Debt 2,005 2,005
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 702 697
Investment tax credits 33 34
Asset retirement obligations 43 49
Regulatory liabilities 879 883
Price risk management liabilities 25 17
Other deferred credits and noncurrent liabilities 90 89
Total Deferred Credits and Other Noncurrent Liabilities 1,772 1,769
Commitments and Contingent Liabilities
Equity    
Common stock [3] 424 424
Additional paid-in capital 1,845 1,820
Earnings reinvested 562 518
Total Equity 2,831 2,762
Total Liabilities and Equity 7,125 7,133
Kentucky Utilities Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 40 12
Accounts receivable (less reserve:)    
Customer 131 139
Other 22 27
Notes receivable from affiliate 21 0
Unbilled revenues 72 88
Fuel, materials and supplies 131 128
Prepayments 10 14
Regulatory assets 26 16
Other current assets 0 1
Total Current Assets 453 425
Property, Plant and Equipment    
Regulated utility plant 8,315 8,262
Less: accumulated depreciation - regulated utility plant 1,516 1,507
Regulated utility plant, net 6,799 6,755
Construction work in progress 522 496
Property, Plant and Equipment, net 7,321 7,251
Other Noncurrent Assets    
Regulatory assets 384 386
Goodwill 607 607
Other intangibles 28 28
Other noncurrent assets 114 128
Total Other Noncurrent Assets 1,133 1,149
Total Assets 8,907 8,825
Current Liabilities    
Short-term debt 144 150
Long-term debt due within one year 500 500
Accounts payable 96 121
Accounts payable to affiliates 50 52
Taxes 32 26
Interest 45 20
Customer deposits 32 31
Regulatory liabilities 15 17
Asset retirement obligations 42 46
Other current liabilities 44 51
Total Current Liabilities 1,000 1,014
Long-term Debt    
Long-term Debt 2,124 2,123
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 801 792
Investment tax credits 90 90
Asset retirement obligations 108 96
Regulatory liabilities 1,083 1,090
Other deferred credits and noncurrent liabilities 47 46
Total Deferred Credits and Other Noncurrent Liabilities 2,129 2,114
Commitments and Contingent Liabilities
Equity    
Common stock [4] 308 308
Additional paid-in capital 2,766 2,729
Earnings reinvested 580 537
Total Equity 3,654 3,574
Total Liabilities and Equity $ 8,907 $ 8,825
[1]
1,560,000 shares authorized; 768,266 and 767,233 shares issued and outstanding at March 31, 2020 and December 31, 2019.
[2]
170,000 shares authorized; 66,368 shares issued and outstanding at March 31, 2020 and December 31, 2019.

[3]
75,000 shares authorized; 21,294 shares issued and outstanding at March 31, 2020 and December 31, 2019.
[4]
80,000 shares authorized; 37,818 shares issued and outstanding at March 31, 2020 and December 31, 2019.