Available-for-Sale Securities (Tables)

6 Months Ended

Jun. 30, 2011

Notes To Financial Statements [Abstract]

Available-for-Sale Securities

The following table shows the amortized cost, the gross unrealized gains and losses recorded in AOCI, and the fair value of available-for-sale securities.

						June 30, 2011								December 31, 2010
								Gross		Gross						Gross		Gross
						Amortized		Unrealized		Unrealized				Amortized		Unrealized		Unrealized
						Cost		Gains		Losses		Fair Value		Cost		Gains		Losses	Fair Value
PPL
	Short-term investments
		- municipal debt securities												$	163				$	163
	NDT funds:
			Cash and cash equivalents			$	10					$	10		10					10
			Equity securities:
				U.S. large-cap			173	$	131				304		180	$	123			303
				U.S. mid/small-cap			68		56				124		67		52			119
			Debt securities:
				U.S. Treasury			74		5				79		71		4			75
				U.S. government sponsored
					agency		10						10		6		1			7
				Municipality			79		2	$	1		80		69					69
				Investment-grade corporate			35		2				37		31		2			33
				Other			3						3		1					1
			Receivables/payables, net				1						1		1					1
			Total NDT funds				453		196		1		648		436		182			618
	Auction rate securities						25						25		25					25
	Total					$	478	$	196	$	1	$	673	$	624	$	182		$	806
PPL Energy Supply
	NDT funds:
			Cash and cash equivalents			$	10					$	10	$	10				$	10
			Equity securities:
				U.S. large-cap			173	$	131				304		180	$	123			303
				U.S. mid/small-cap			68		56				124		67		52			119
			Debt securities:
				U.S. Treasury			74		5				79		71		4			75
				U.S. government sponsored
					agency		10						10		6		1			7
				Municipality			79		2	$	1		80		69					69
				Investment-grade corporate			35		2				37		31		2			33
				Other			3						3		1					1
			Receivables/payables, net				1						1		1					1
			Total NDT funds				453		196		1		648		436		182			618
	Auction rate securities						20						20		20					20
	Total					$	473	$	196	$	1	$	668	$	456	$	182		$	638

LKE and LG&E
	Short-term investments
		- municipal debt securities	$	163	$	163

The following table shows the scheduled maturity dates of debt securities held at June 30, 2011.

	Maturity		Maturity		Maturity		Maturity
	Less Than		1-5		5-10		in Excess
	1 Year		Years		Years		of 10 Years		Total
PPL
Amortized cost	$	11	$	69	$	66	$	80	$	226
Fair value		12		71		69		82		234
PPL Energy Supply
Amortized cost	$	11	$	69	$	66	$	75	$	221
Fair value		12		71		69		77		229

Proceeds from AFS securities

The following table shows proceeds from and realized gains and losses on sales of available-for-sale securities for theperiods ended June 30.

	Three Months				Six Months
	2011		2010		2011		2010
PPL
Proceeds from sales of NDT securities (a)	$	25	$	24	$	100	$	68
Other proceeds from sales						163
Gross realized gains (b)		6		4		23		9
Gross realized losses (b)		6		2		11		3
PPL Energy Supply
Proceeds from sales of NDT securities (a)	$	25	$	24	$	100	$	68
Gross realized gains (b)		6		4		23		9
Gross realized losses (b)		6		2		11		3

(a)       These proceeds are used to pay income taxes and fees related to managing the trust. Remaining proceeds are reinvested in the trust.

(b)       Excludes the impact of other-than-temporary impairment charges recognized in the Statements of Income.