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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Assets, Current [Abstract]    
Cash and cash equivalents $ 746 $ 815
Accounts receivable (less reserve:)    
Customer 742 687
Other 88 105
Unbilled revenues 382 504
Fuel, materials and supplies 351 332
Prepayments 134 79
Price risk management assets 136 147
Regulatory assets 82 67
Other current assets 116 98
Total Current Assets 2,695 2,767
Property, Plant and Equipment    
Regulated utility plant 45,058 42,709
Less:  accumulated depreciation - regulated utility plant 8,726 8,055
Regulated utility plant, net 36,332 34,654
Non-regulated property, plant and equipment 490 357
Less:  accumulated depreciation - non-regulated property, plant and equipment 98 109
Non-regulated property, plant and equipment, net 392 248
Construction work in progress 1,596 1,580
Property, Plant and Equipment, net 38,320 36,482
Other Noncurrent Assets    
Regulatory assets 1,450 1,492
Goodwill 3,283 3,198
Other intangibles 763 742
Pension benefit asset 972 464
Price risk management assets 53 149
Other noncurrent assets 388 386
Total Other Noncurrent Assets 6,909 6,431
Total Assets 47,924 45,680
Current Liabilities    
Short-term debt 1,368 1,151
Long-term debt due within one year 1,525 1,172
Accounts payable 864 956
Taxes 93 99
Interest 385 294
Dividends 319 317
Customer deposits 298 261
Regulatory liabilities 90 115
Other current liabilities 500 535
Total Current Liabilities 5,442 4,900
Long-term Debt    
Long-term Debt 21,243 20,721
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 3,569 3,088
Investment tax credits 122 124
Accrued pension obligations 485 587
Asset retirement obligations 223 212
Regulatory liabilities 2,543 2,572
Other deferred credits and noncurrent liabilities 611 485
Total Deferred Credits and Other Noncurrent Liabilities 7,553 7,068
Commitments and Contingent Liabilities
Equity    
Common stock [1] 8 8
Additional paid-in capital 12,260 12,214
Earnings reinvested 5,345 5,127
Accumulated other comprehensive loss (3,927) (4,358)
Total Equity 13,686 12,991
Total Liabilities and Equity 47,924 45,680
PPL Electric Utilities Corp [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 26 262
Accounts receivable (less reserve:)    
Customer 298 258
Other 18 22
Accounts receivable from affiliates 10 11
Unbilled revenues 80 134
Fuel, materials and supplies 64 33
Prepayments 36 6
Regulatory assets 28 26
Other current assets 15 9
Total Current Assets 575 761
Property, Plant and Equipment    
Regulated utility plant 13,240 12,589
Less:  accumulated depreciation - regulated utility plant 3,276 3,078
Regulated utility plant, net 9,964 9,511
Construction work in progress 635 597
Property, Plant and Equipment, net 10,599 10,108
Other Noncurrent Assets    
Regulatory assets 708 726
Other intangibles 265 263
Other noncurrent assets 66 43
Total Other Noncurrent Assets 1,039 1,032
Total Assets 12,213 11,901
Current Liabilities    
Short-term debt 280 0
Long-term debt due within one year 400 0
Accounts payable 394 438
Accounts payable to affiliates 39 32
Taxes 17 13
Interest 47 41
Regulatory liabilities 73 96
Other current liabilities 88 93
Total Current Liabilities 1,338 713
Long-term Debt    
Long-term Debt 3,587 3,985
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,539 1,447
Accrued pension obligations 151 179
Regulatory liabilities 582 599
Other deferred credits and noncurrent liabilities 142 146
Total Deferred Credits and Other Noncurrent Liabilities 2,414 2,371
Commitments and Contingent Liabilities
Equity    
Common stock [2] 364 364
Additional paid-in capital 3,553 3,558
Earnings reinvested 957 910
Total Equity 4,874 4,832
Total Liabilities and Equity 12,213 11,901
LG And E And KU Energy LLC [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 25 27
Accounts receivable (less reserve:)    
Customer 269 260
Other 63 71
Unbilled revenues 127 164
Fuel, materials and supplies 230 250
Prepayments 34 30
Regulatory assets 54 41
Other current assets 1 2
Total Current Assets 803 845
Property, Plant and Equipment    
Regulated utility plant 15,259 14,646
Less:  accumulated depreciation - regulated utility plant 2,627 2,356
Regulated utility plant, net 12,632 12,290
Construction work in progress 735 794
Property, Plant and Equipment, net 13,367 13,084
Other Noncurrent Assets    
Regulatory assets 742 766
Goodwill 996 996
Other intangibles 63 69
Other noncurrent assets 117 171
Total Other Noncurrent Assets 1,918 2,002
Total Assets 16,088 15,931
Current Liabilities    
Short-term debt 345 388
Long-term debt due within one year 424 975
Notes payable with affiliates 153 150
Accounts payable 253 316
Accounts payable to affiliates 18 11
Taxes 58 58
Price risk management liabilities 2 4
Interest 82 40
Customer deposits 64 62
Regulatory liabilities 17 19
Asset retirement obligations 44 70
Other current liabilities 134 153
Total Current Liabilities 1,594 2,246
Long-term Debt    
Long-term debt 4,449 4,377
Long-term debt to affiliate 1,200 650
Long-term Debt 5,649 5,027
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 1,156 1,069
Investment tax credits 122 124
Accrued pension obligations 163 233
Asset retirement obligations 163 145
Regulatory liabilities 1,961 1,973
Price risk management liabilities 24 17
Other deferred credits and noncurrent liabilities 154 155
Total Deferred Credits and Other Noncurrent Liabilities 3,743 3,716
Commitments and Contingent Liabilities
Equity    
Accumulated other comprehensive loss (94) (93)
Member's Equity 5,102 4,942
Total Liabilities and Equity 16,088 15,931
Louisville Gas And Electric Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 10 15
Accounts receivable (less reserve:)    
Customer 118 121
Other 31 41
Accounts receivable from affiliates 12 18
Unbilled revenues 54 76
Fuel, materials and supplies 113 122
Prepayments 16 14
Regulatory assets 23 25
Other current assets 2 1
Total Current Assets 379 433
Property, Plant and Equipment    
Regulated utility plant 6,571 6,372
Less:  accumulated depreciation - regulated utility plant 978 846
Regulated utility plant, net 5,593 5,526
Construction work in progress 366 297
Property, Plant and Equipment, net 5,959 5,823
Other Noncurrent Assets    
Regulatory assets 360 380
Goodwill 389 389
Other intangibles 37 41
Other noncurrent assets 97 67
Total Other Noncurrent Assets 883 877
Total Assets 7,221 7,133
Current Liabilities    
Short-term debt 206 238
Long-term debt due within one year 292 0
Accounts payable 125 172
Accounts payable to affiliates 26 31
Taxes 32 33
Price risk management liabilities 2 4
Interest 33 15
Customer deposits 32 31
Regulatory liabilities 5 2
Asset retirement obligations 14 24
Other current liabilities 40 47
Total Current Liabilities 807 597
Long-term Debt    
Long-term Debt 1,714 2,005
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 712 697
Investment tax credits 33 34
Asset retirement obligations 63 49
Regulatory liabilities 885 883
Price risk management liabilities 24 17
Other deferred credits and noncurrent liabilities 92 89
Total Deferred Credits and Other Noncurrent Liabilities 1,809 1,769
Commitments and Contingent Liabilities
Equity    
Common stock [3] 424 424
Additional paid-in capital 1,873 1,820
Earnings reinvested 594 518
Total Equity 2,891 2,762
Total Liabilities and Equity 7,221 7,133
Kentucky Utilities Co [Member]    
Assets, Current [Abstract]    
Cash and cash equivalents 15 12
Accounts receivable (less reserve:)    
Customer 151 139
Other 38 27
Unbilled revenues 73 88
Fuel, materials and supplies 117 128
Prepayments 16 14
Regulatory assets 31 16
Other current assets 0 1
Total Current Assets 441 425
Property, Plant and Equipment    
Regulated utility plant 8,673 8,262
Less:  accumulated depreciation - regulated utility plant 1,644 1,507
Regulated utility plant, net 7,029 6,755
Construction work in progress 369 496
Property, Plant and Equipment, net 7,398 7,251
Other Noncurrent Assets    
Regulatory assets 382 386
Goodwill 607 607
Other intangibles 27 28
Other noncurrent assets 125 128
Total Other Noncurrent Assets 1,141 1,149
Total Assets 8,980 8,825
Current Liabilities    
Short-term debt 139 150
Long-term debt due within one year 132 500
Accounts payable 109 121
Accounts payable to affiliates 39 52
Taxes 27 26
Interest 43 20
Customer deposits 32 31
Regulatory liabilities 12 17
Asset retirement obligations 30 46
Other current liabilities 45 51
Total Current Liabilities 608 1,014
Long-term Debt    
Long-term Debt 2,485 2,123
Deferred Credits and Other Noncurrent Liabilities    
Deferred income taxes 828 792
Investment tax credits 89 90
Asset retirement obligations 100 96
Regulatory liabilities 1,076 1,090
Other deferred credits and noncurrent liabilities 50 46
Total Deferred Credits and Other Noncurrent Liabilities 2,143 2,114
Commitments and Contingent Liabilities
Equity    
Common stock [4] 308 308
Additional paid-in capital 2,827 2,729
Earnings reinvested 609 537
Total Equity 3,744 3,574
Total Liabilities and Equity $ 8,980 $ 8,825
[1] 1,560,000 shares authorized; 768,797 and 767,233 shares issued and outstanding at September 30, 2020 and December 31, 2019.
[2] 170,000 shares authorized; 66,368 shares issued and outstanding at September 30, 2020 and December 31, 2019.
[3] 75,000 shares authorized; 21,294 shares issued and outstanding at September 30, 2020 and December 31, 2019.
[4] 80,000 shares authorized; 37,818 shares issued and outstanding at September 30, 2020 and December 31, 2019.