Income Taxes (Tables)

3 Months Ended

Mar. 31, 2017

Income Taxes [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

Reconciliations of income taxes for the periods ended March 31 are as follows.

(PPL)
	Three Months
	2017			2016
Federal income tax on Income Before Income Taxes at statutory tax rate - 35%	$	186		$	231
Increase (decrease) due to:
State income taxes, net of federal income tax benefit	13			13
Valuation allowance adjustments	5			6
Impact of lower U.K. income tax rates	(48		)	(54		)
U.S. income tax on foreign earnings - net of foreign tax credit	(9		)	(2		)
Impact of the U.K. Finance Acts	(3		)	—
Depreciation not normalized	(3		)	(1		)
Interest benefit on U.K. financing entities	(4		)	(5		)
Stock-based compensation	(3		)	(8		)
Other	(5		)	(1		)
Total increase (decrease)	(57		)	(52		)
Total income taxes	$	129		$	179

PPL Electric Utilities Corp [Member]

Income Taxes [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

Reconciliations of income taxes for the periods ended March 31 are as follows.

(PPL Electric)
	Three Months
	2017			2016
Federal income tax on Income Before Income Taxes at statutory tax rate - 35%	$	44		$	53
Increase (decrease) due to:
State income taxes, net of federal income tax benefit	8			9
Depreciation not normalized	(2		)	(1		)
Stock-based compensation	(2		)	(5		)
Other
Total increase (decrease)	4			3
Total income taxes	$	48		$	56

LG And E And KU Energy LLC [Member]

Income Taxes [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

Reconciliations of income taxes for the periods ended March 31 are as follows.

(LKE)
	Three Months
	2017			2016
Federal income tax on Income Before Income Taxes at statutory tax rate - 35%	$	58		$	67
Increase (decrease) due to:
State income taxes, net of federal income tax benefit	6			7
Other	(1		)	(2		)
Total increase (decrease)	5			5
Total income taxes	$	63		$	72

Louisville Gas And Electric Co [Member]

Income Taxes [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

Reconciliations of income taxes for the periods ended March 31 are as follows.

(LG&E)
	Three Months
	2017		2016
Federal income tax on Income Before Income Taxes at statutory tax rate - 35%	$	30	$	32
Increase (decrease) due to:
State income taxes, net of federal income tax benefit	3		3
Total increase (decrease)	3		3
Total income taxes	$	33	$	35

Kentucky Utilities Co [Member]

Income Taxes [Line Items]

Schedule of Effective Income Tax Rate Reconciliation

Reconciliations of income taxes for the periods ended March 31 are as follows.

(KU)
	Three Months
	2017			2016
Federal income tax on Income Before Income Taxes at statutory tax rate - 35%	$	36		$	42
Increase (decrease) due to:
State income taxes, net of federal income tax benefit	4			4
Other	(1		)	—
Total increase (decrease)	3			4
Total income taxes	$	39		$	46