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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 1,256 $ 1,102
Restricted cash and cash equivalents 416 83
Accounts receivable (less reserve:)    
Customer 1,108 923
Other 103 97
Unbilled revenues 874 835
Fuel, materials and supplies 607 702
Prepayments 224 153
Deferred income taxes 342 246
Price risk management assets 1,087 942
Regulatory assets 32 33
Other current assets 45 37
Total Current Assets 6,094 5,153
Investments    
Nuclear plant decommissioning trust funds 879 864
Other investments 39 43
Total Investments 918 907
Property, Plant and Equipment    
Regulated utility plant 28,616 27,755
Less: accumulated depreciation - regulated utility plant 5,108 4,873
Regulated utility plant, net 23,508 22,882
Non-regulated property, plant and equipment    
Generation 11,818 11,881
Nuclear fuel 712 591
Other 854 834
Less: accumulated depreciation - non-regulated property, plant and equipment 6,283 6,172
Non-regulated property, plant and equipment, net 7,101 7,134
Construction work in progress 3,165 3,071
Property, Plant and Equipment, net 33,774 33,087
Assets, Noncurrent [Abstract]    
Regulatory assets 1,245 1,246
Goodwill 4,298 4,225
Other intangibles 943 947
Price risk management assets 344 337
Other noncurrent assets 357 357
Total Other Noncurrent Assets 7,187 7,112
Total Assets 47,973 46,259
Current Liabilities    
Short-term debt 1,579 701
Long-term debt due within one year 304 315
Accounts payable 1,345 1,308
Taxes 240 114
Interest 358 325
Dividends 236 232
Price risk management liabilities 1,302 829
Regulatory liabilities 80 90
Other current liabilities 932 998
Total Current Liabilities 6,376 4,912
Long-term Debt 20,514 20,592
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 4,096 3,928
Investment tax credits 281 342
Price risk management liabilities 450 415
Accrued pension obligations 1,159 1,286
Asset retirement obligations 701 687
Regulatory liabilities 1,037 1,048
Other deferred credits and noncurrent liabilities 642 583
Total Deferred Credits and Other Noncurrent Liabilities 8,366 8,289
Commitments and Contingent Liabilities      
Equity    
Common stock 6 [1] 6 [1]
Additional paid-in capital 8,352 8,316
Earnings reinvested 5,788 5,709
Accumulated other comprehensive income (loss) (1,429) (1,565)
Total Stockholders' Equity 12,717 12,466
Total Liabilities and Equity 47,973 46,259
PPL Energy Supply LLC [Member]
   
Current Assets    
Cash and cash equivalents 441 239
Restricted cash and cash equivalents 412 68
Accounts receivable (less reserve:)    
Customer 232 233
Other 92 97
Unbilled revenues 378 286
Accounts receivable from affiliates 66 45
Fuel, materials and supplies 315 358
Prepayments 30 20
Deferred income taxes 87   
Price risk management assets 1,080 860
Other current assets 30 27
Total Current Assets 3,163 2,233
Investments    
Nuclear plant decommissioning trust funds 879 864
Other investments 34 37
Total Investments 913 901
Non-regulated property, plant and equipment    
Generation 11,826 11,891
Nuclear fuel 712 591
Other 290 288
Less: accumulated depreciation - non-regulated property, plant and equipment 6,141 6,046
Non-regulated property, plant and equipment, net 6,687 6,724
Construction work in progress 369 450
Property, Plant and Equipment, net 7,056 7,174
Assets, Noncurrent [Abstract]    
Goodwill 86 86
Other intangibles 266 266
Price risk management assets 337 328
Other noncurrent assets 82 86
Total Other Noncurrent Assets 771 766
Total Assets 11,903 11,074
Current Liabilities    
Short-term debt 970   
Long-term debt due within one year 304 304
Accounts payable 490 393
Accounts payable to affiliates 33 4
Taxes 84 31
Interest 43 22
Price risk management liabilities 1,211 750
Other current liabilities 239 278
Total Current Liabilities 3,374 1,782
Long-term Debt 2,220 2,221
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,154 1,114
Investment tax credits 145 205
Price risk management liabilities 316 320
Accrued pension obligations 84 111
Asset retirement obligations 400 393
Other deferred credits and noncurrent liabilities 131 130
Total Deferred Credits and Other Noncurrent Liabilities 2,230 2,273
Commitments and Contingent Liabilities      
Equity    
Accumulated other comprehensive income (loss) 78 77
Member's Equity 4,079 4,798
Total Liabilities and Equity 11,903 11,074
PPL Electric Utilities Corp [Member]
   
Current Assets    
Cash and cash equivalents 42 25
Accounts receivable (less reserve:)    
Customer 387 284
Other 9 5
Unbilled revenues 105 116
Accounts receivable from affiliates 4 4
Notes receivable from affiliates    150
Fuel, materials and supplies 34 35
Prepayments 101 40
Deferred income taxes 82 85
Regulatory assets 1 6
Other current assets 10 22
Total Current Assets 774 766
Property, Plant and Equipment    
Regulated utility plant 6,998 6,886
Less: accumulated depreciation - regulated utility plant 2,454 2,417
Regulated utility plant, net 4,544 4,469
Non-regulated property, plant and equipment    
Other, net 1 2
Construction work in progress 684 591
Property, Plant and Equipment, net 5,229 5,062
Assets, Noncurrent [Abstract]    
Regulatory assets 770 772
Other intangibles 214 211
Other noncurrent assets 35 35
Total Other Noncurrent Assets 1,019 1,018
Total Assets 7,022 6,846
Current Liabilities    
Short-term debt 60 20
Long-term debt due within one year    10
Accounts payable 300 295
Accounts payable to affiliates 88 57
Taxes 39 51
Interest 23 34
Regulatory liabilities 68 76
Other current liabilities 83 82
Total Current Liabilities 661 625
Long-term Debt 2,306 2,305
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,439 1,399
Accrued pension obligations 78 96
Regulatory liabilities 13 15
Other deferred credits and noncurrent liabilities 58 57
Total Deferred Credits and Other Noncurrent Liabilities 1,588 1,567
Commitments and Contingent Liabilities      
Equity    
Common stock 364 [2] 364 [2]
Additional paid-in capital 1,405 1,340
Earnings reinvested 698 645
Total Stockholders' Equity 2,467 2,349
Total Liabilities and Equity 7,022 6,846
LG And E And KU Energy LLC [Member]
   
Current Assets    
Cash and cash equivalents 30 35
Accounts receivable (less reserve:)    
Customer 265 224
Other 27 20
Unbilled revenues 144 180
Notes receivable from affiliates 4 70
Fuel, materials and supplies 225 278
Prepayments 22 21
Deferred income taxes 139 159
Regulatory assets 31 27
Other current assets 3 3
Total Current Assets 890 1,017
Property, Plant and Equipment    
Regulated utility plant 8,683 8,526
Less: accumulated depreciation - regulated utility plant 849 778
Regulated utility plant, net 7,834 7,748
Non-regulated property, plant and equipment    
Other, net 3 3
Construction work in progress 1,868 1,793
Property, Plant and Equipment, net 9,705 9,544
Assets, Noncurrent [Abstract]    
Regulatory assets 475 474
Goodwill 996 996
Other intangibles 209 221
Other noncurrent assets 96 98
Total Other Noncurrent Assets 1,776 1,789
Total Assets 12,371 12,350
Current Liabilities    
Short-term debt 200 245
Accounts payable 341 346
Accounts payable to affiliates 3 3
Customer deposits 50 50
Taxes 25 39
Interest 59 23
Price risk management liabilities 4 4
Regulatory liabilities 12 14
Other current liabilities 87 111
Total Current Liabilities 781 835
Long-term Debt 4,565 4,565
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,021 965
Investment tax credits 134 135
Price risk management liabilities 36 32
Accrued pension obligations 119 152
Asset retirement obligations 251 245
Regulatory liabilities 1,024 1,033
Other deferred credits and noncurrent liabilities 240 238
Total Deferred Credits and Other Noncurrent Liabilities 2,825 2,800
Commitments and Contingent Liabilities      
Equity    
Member's Equity 4,200 4,150
Total Liabilities and Equity 12,371 12,350
Louisville Gas And Electric Co [Member]
   
Current Assets    
Cash and cash equivalents 9 8
Accounts receivable (less reserve:)    
Customer 118 102
Other 8 9
Unbilled revenues 63 85
Accounts receivable from affiliates 23   
Fuel, materials and supplies 110 154
Prepayments 7 7
Regulatory assets 22 17
Other current assets 5 3
Total Current Assets 365 385
Property, Plant and Equipment    
Regulated utility plant 3,475 3,383
Less: accumulated depreciation - regulated utility plant 364 332
Regulated utility plant, net 3,111 3,051
Non-regulated property, plant and equipment    
Construction work in progress 680 651
Property, Plant and Equipment, net 3,791 3,702
Assets, Noncurrent [Abstract]    
Regulatory assets 303 303
Goodwill 389 389
Other intangibles 114 120
Other noncurrent assets 33 35
Total Other Noncurrent Assets 839 847
Total Assets 4,995 4,934
Current Liabilities    
Short-term debt 15 20
Accounts payable 189 166
Accounts payable to affiliates 17 24
Customer deposits 24 24
Taxes 32 11
Interest 15 6
Price risk management liabilities 4 4
Regulatory liabilities 9 9
Other current liabilities 26 32
Total Current Liabilities 331 296
Long-term Debt 1,353 1,353
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 590 582
Investment tax credits 38 38
Price risk management liabilities 36 32
Accrued pension obligations 10 19
Asset retirement obligations 70 68
Regulatory liabilities 477 482
Other deferred credits and noncurrent liabilities 105 104
Total Deferred Credits and Other Noncurrent Liabilities 1,326 1,325
Commitments and Contingent Liabilities      
Equity    
Common stock 424 [3] 424 [3]
Additional paid-in capital 1,364 1,364
Earnings reinvested 197 172
Total Stockholders' Equity 1,985 1,960
Total Liabilities and Equity 4,995 4,934
Kentucky Utilities Co [Member]
   
Current Assets    
Cash and cash equivalents 21 21
Accounts receivable (less reserve:)    
Customer 147 122
Other 7 9
Unbilled revenues 81 95
Fuel, materials and supplies 115 124
Prepayments 5 4
Regulatory assets 9 10
Other current assets 12 6
Total Current Assets 397 391
Property, Plant and Equipment    
Regulated utility plant 5,208 5,143
Less: accumulated depreciation - regulated utility plant 485 446
Regulated utility plant, net 4,723 4,697
Non-regulated property, plant and equipment    
Other, net 1 1
Construction work in progress 1,185 1,139
Property, Plant and Equipment, net 5,909 5,837
Assets, Noncurrent [Abstract]    
Regulatory assets 172 171
Goodwill 607 607
Other intangibles 95 101
Other noncurrent assets 56 56
Total Other Noncurrent Assets 930 935
Total Assets 7,236 7,163
Current Liabilities    
Short-term debt 110 150
Accounts payable 140 159
Accounts payable to affiliates 41 25
Customer deposits 26 26
Taxes 21 33
Interest 29 11
Regulatory liabilities 3 5
Other current liabilities 30 36
Total Current Liabilities 400 445
Long-term Debt 2,091 2,091
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 699 658
Investment tax credits 96 97
Accrued pension obligations 9 11
Asset retirement obligations 181 177
Regulatory liabilities 547 551
Other deferred credits and noncurrent liabilities 90 89
Total Deferred Credits and Other Noncurrent Liabilities 1,622 1,583
Commitments and Contingent Liabilities      
Equity    
Common stock 308 [4] 308 [4]
Additional paid-in capital 2,545 2,505
Earnings reinvested 270 230
Accumulated other comprehensive income (loss)    1
Total Stockholders' Equity 3,123 3,044
Total Liabilities and Equity $ 7,236 $ 7,163
[1] 780,000 shares authorized; 631,417 and 630,321 shares issued and outstanding at March 31, 2014 and December 31, 2013.
[2] 170,000 shares authorized; 66,368 shares issued and outstanding at March 31, 2014 and December 31, 2013.
[3] 75,000 shares authorized; 21,294 shares issued and outstanding at March 31, 2014 and December 31, 2013.
[4] 80,000 shares authorized; 37,818 shares issued and outstanding at March 31, 2014 and December 31, 2013.