2013 Q2 Form 10-Q Financial Statement

#000092222413000076 Filed on August 02, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2013 Q1 2012 Q2
Revenue $3.450B $2.457B $2.549B
YoY Change 35.35% -40.25% 2.41%
Cost Of Revenue $1.181B $179.0M $469.0M
YoY Change 151.81% -88.64% 5.39%
Gross Profit $2.190B $2.278B $2.080B
YoY Change 5.29% -10.17% 1.76%
Gross Profit Margin 63.48% 92.71% 81.6%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $335.0M $348.0M $304.0M
YoY Change 10.2% 9.09% -4.1%
% of Gross Profit 15.3% 15.28% 14.62%
Operating Expenses $1.472B $1.585B $1.508B
YoY Change -2.39% 6.73% 4.07%
Operating Profit $732.0M $679.0M $572.0M
YoY Change 27.97% -35.39% -3.87%
Interest Expense $258.0M $251.0M $236.0M
YoY Change 9.32% 9.13% -10.61%
% of Operating Profit 35.25% 36.97% 41.26%
Other Income/Expense, Net $4.000M $122.0M $30.00M
YoY Change -86.67% -817.65% -188.24%
Pretax Income $513.0M $564.0M $365.0M
YoY Change 40.55% -29.85% 22.9%
Income Tax $109.0M $151.0M $88.00M
% Of Pretax Income 21.25% 26.77% 24.11%
Net Earnings $405.0M $413.0M $271.0M
YoY Change 49.45% -23.66% 38.27%
Net Earnings / Revenue 11.74% 16.81% 10.63%
Basic Earnings Per Share $0.68 $0.70 $0.46
Diluted Earnings Per Share $0.63 $0.65 $0.46
COMMON SHARES
Basic Shares Outstanding 589.8M shares 582.6M shares 579.9M shares
Diluted Shares Outstanding 657.0M shares 580.6M shares

Balance Sheet

Concept 2013 Q2 2013 Q1 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $711.0M $853.0M $981.0M
YoY Change -27.52% -22.67% -22.7%
Cash & Equivalents $711.0M $853.0M $981.0M
Short-Term Investments
Other Short-Term Assets $63.00M $95.00M $31.00M
YoY Change 103.23% 206.45% -11.43%
Inventory $642.0M $616.0M $719.0M
Prepaid Expenses $198.0M $281.0M $252.0M
Receivables $879.0M $936.0M $750.0M
Other Receivables $129.0M $60.00M $63.00M
Total Short-Term Assets $4.775B $4.989B $6.151B
YoY Change -22.37% -29.35% 14.67%
LONG-TERM ASSETS
Property, Plant & Equipment $30.60B $29.98B $28.27B
YoY Change 8.25% 8.19% 6.24%
Goodwill $3.991B $3.995B $4.036B
YoY Change -1.11% -3.99% -3.68%
Intangibles $907.0M $910.0M $909.0M
YoY Change -0.22% -14.47% -15.68%
Long-Term Investments $47.00M $48.00M $68.00M
YoY Change -30.88% -36.0% -12.82%
Other Assets $613.0M $598.0M $947.0M
YoY Change -35.27% -25.34% 34.14%
Total Long-Term Assets $7.553B $7.565B $8.339B
YoY Change -9.43% -11.48% 6.38%
TOTAL ASSETS
Total Short-Term Assets $4.775B $4.989B $6.151B
Total Long-Term Assets $7.553B $7.565B $8.339B
Total Assets $43.75B $43.34B $43.51B
YoY Change 0.55% -1.68% 7.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.114B $1.071B $1.037B
YoY Change 7.43% 4.28% -16.77%
Accrued Expenses $197.0M $352.0M $201.0M
YoY Change -1.99% 7.98% 14.86%
Deferred Revenue
YoY Change
Short-Term Debt $1.206B $1.061B $889.0M
YoY Change 35.66% 57.42% 106.26%
Long-Term Debt Due $751.0M $751.0M $12.00M
YoY Change 6158.33% -97.61%
Total Short-Term Liabilities $5.542B $5.650B $5.318B
YoY Change 4.21% -4.04% 15.78%
LONG-TERM LIABILITIES
Long-Term Debt $18.88B $18.88B $18.70B
YoY Change 0.95% 4.45% 6.65%
Other Long-Term Liabilities $659.0M $666.0M $960.0M
YoY Change -31.35% -34.71% 16.36%
Total Long-Term Liabilities $8.375B $8.268B $8.512B
YoY Change -1.61% -3.67% 13.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.542B $5.650B $5.318B
Total Long-Term Liabilities $8.375B $8.268B $8.512B
Total Liabilities $13.92B $13.92B $13.83B
YoY Change 0.63% -3.82% 14.43%
SHAREHOLDERS EQUITY
Retained Earnings $5.863B $5.676B $5.190B
YoY Change 12.97% 10.66% 20.53%
Common Stock $7.201B $6.994B $6.892B
YoY Change 4.48% 1.83% 1.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.94B $10.52B $1.889B
YoY Change
Total Liabilities & Shareholders Equity $43.75B $43.34B $43.51B
YoY Change 0.55% -1.68% 7.33%

Cashflow Statement

Concept 2013 Q2 2013 Q1 2012 Q2
OPERATING ACTIVITIES
Net Income $405.0M $413.0M $271.0M
YoY Change 49.45% -23.66% 38.27%
Depreciation, Depletion And Amortization $335.0M $348.0M $304.0M
YoY Change 10.2% 9.09% -4.1%
Cash From Operating Activities $703.0M $244.0M $219.0M
YoY Change 221.0% -66.48% -64.56%
INVESTING ACTIVITIES
Capital Expenditures -$969.0M $828.0M -$627.0M
YoY Change 54.55% 21.41% 9.04%
Acquisitions
YoY Change
Other Investing Activities $34.00M $16.00M -$15.00M
YoY Change -326.67% -15.79% -99.74%
Cash From Investing Activities -$935.0M -$899.0M -$642.0M
YoY Change 45.64% 26.44% -89.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $20.00M
YoY Change 25.0%
Debt Paid & Issued, Net $8.000M
YoY Change
Cash From Financing Activities 89.00M $621.0M 315.0M
YoY Change -71.75% -600.81% -94.6%
NET CHANGE
Cash From Operating Activities 703.0M $244.0M 219.0M
Cash From Investing Activities -935.0M -$899.0M -642.0M
Cash From Financing Activities 89.00M $621.0M 315.0M
Net Change In Cash -143.0M -$34.00M -108.0M
YoY Change 32.41% -68.22% -296.36%
FREE CASH FLOW
Cash From Operating Activities $703.0M $244.0M $219.0M
Capital Expenditures -$969.0M $828.0M -$627.0M
Free Cash Flow $1.672B -$584.0M $846.0M
YoY Change 97.64% -1369.57% -29.09%

Facts In Submission

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CY2013Q2 ppl Ppe Net From Consolidation Of Vie
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CY2013Q2 ppl Price Risk Management Liabilities Current
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CY2013Q2 ppl Deferred Investment Tax Credit
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CY2013Q2 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
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CY2013Q2 us-gaap Liabilities Noncurrent
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CY2013Q2 us-gaap Liabilities And Stockholders Equity
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ppl Stock Based Compensation
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CY2012Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2013Q2 ppl Votes Per Share Of Common Stock
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1 Integer
CY2012Q2 ppl Votes Per Share Of Common Stock
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CY2013Q2 us-gaap Commitments And Contingencies
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CY2013Q2 us-gaap Common Stock Shares Authorized
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CY2013Q2 us-gaap Common Stock Shares Issued
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ppl Votes Per Share Of Common Stock
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1 Integer
ppl Votes Per Share Of Common Stock
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CY2013Q2 us-gaap Stock Issued During Period Value New Issues
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us-gaap Stock Issued During Period Value New Issues
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ppl Issuance Of Equity Units Future Contract Adjustment Payments Present Value And Related Issuance Costs
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ppl Stock Based Compensation
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us-gaap Allocated Share Based Compensation Expense
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ppl Reclassification From Share Based Compensation To Common Stock Issued
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ppl Dividends Dividend Equivalents Redemptions And Distributions
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us-gaap Stock Repurchased And Retired During Period Value
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CY2013Q2 ppl Forward Sale Agreements Cash Settlement
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ppl Depreciation Reduction In Future Period
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CY2013Q2 us-gaap Revenues
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CY2012Q2 us-gaap Revenues
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us-gaap Revenues
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CY2013Q2 ppl Income From Continuing Operations After Tax Allocated To Participating Securities
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CY2012Q2 ppl Income From Continuing Operations After Tax Allocated To Participating Securities
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CY2013Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2012Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2013Q2 ppl Incremental Common Shares Attributable To Equity Forward Sale Agreements
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CY2012Q2 ppl Incremental Common Shares Attributable To Equity Forward Sale Agreements
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ppl Incremental Common Shares Attributable To Equity Forward Sale Agreements
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ppl Incremental Common Shares Attributable To Equity Forward Sale Agreements
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CY2013Q2 us-gaap Undistributed Earnings Allocated To Participating Securities
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us-gaap Undistributed Earnings Allocated To Participating Securities
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us-gaap Undistributed Earnings Allocated To Participating Securities
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CY2013Q2 ppl Purchase Contracts
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CY2012Q2 ppl Purchase Contracts
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ppl Purchase Contracts
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ppl Purchase Contracts
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CY2013Q2 ppl Net Income Available To Common Shareowners
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CY2012Q2 ppl Net Income Available To Common Shareowners
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ppl Net Income Available To Common Shareowners
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ppl Net Income Available To Common Shareowners
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CY2013Q2 us-gaap Interest On Convertible Debt Net Of Tax
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us-gaap Interest On Convertible Debt Net Of Tax
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CY2013Q2 ppl Income From Continuing Operations After Tax Available To Shareholders
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ppl Income Tax Interest Impact From United States Tax Court Decision On United Kingdom Windfall Profit Tax
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CY2012Q2 ppl Income From Continuing Operations After Tax Available To Shareholders
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ppl Income From Continuing Operations After Tax Available To Shareholders
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ppl Income From Continuing Operations After Tax Available To Shareholders
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CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2013Q2 ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
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CY2012Q2 ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
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ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
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ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
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CY2012Q2 ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
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ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
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ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
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CY2012Q2 us-gaap Stock Issued During Period Shares Share Based Compensation
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CY2012Q2 us-gaap Employee Stock Ownership Plan Esop Shares Contributed To Esop
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CY2012Q2 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
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CY2013Q2 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
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CY2013Q2 us-gaap Stock Issued During Period Shares Share Based Compensation
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us-gaap Stock Issued During Period Shares Share Based Compensation
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us-gaap Stock Issued During Period Shares Share Based Compensation
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us-gaap Employee Stock Ownership Plan Esop Shares Contributed To Esop
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us-gaap Employee Stock Ownership Plan Esop Shares Contributed To Esop
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us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
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us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
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us-gaap Income Tax Reconciliation Tax Contingencies Domestic
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CY2013Q2 ppl Impact From United States Tax Court Decision On United Kingdom Windfall Profit Tax
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ppl Impact From United States Tax Court Decision On United Kingdom Windfall Profit Tax
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ppl Foreign Tax Rate In Effect Prior To Reduction
ForeignTaxRateInEffectPriorToReduction
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CY2011Q3 ppl Foreign Tax Rate Reduction Approved Current Year For Same Year
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ppl Foreign Tax Rate In Effect Prior To Reduction
ForeignTaxRateInEffectPriorToReduction
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CY2012Q3 ppl Foreign Tax Rate Reduction Approved Current Year For Same Year
ForeignTaxRateReductionApprovedCurrentYearForSameYear
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ppl Foreign Tax Rate In Effect Prior To Reduction
ForeignTaxRateInEffectPriorToReduction
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CY2013Q3 ppl Foreign Tax Rate Reduction Approved Current Year For Future Year
ForeignTaxRateReductionApprovedCurrentYearForFutureYear
0.21 pure
CY2013Q3 ppl Foreign Tax Rate Reduction Approved Current Year For Future Year1
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ppl Projected Minimum Benefit From Change In United Kingdom Statutory Tax Rate
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90000000 USD
ppl Projected Maximum Benefit From Change In United Kingdom Statutory Tax Rate
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CY2013Q2 ppl Income Tax Interest Impact From United States Tax Court Decision On United Kingdom Windfall Profit Tax
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19000000 USD
ppl Income Tax Expense Benefit Recalculation Foreign Earnings And Profits
IncomeTaxExpenseBenefitRecalculationForeignEarningsAndProfits
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CY2013Q2 ppl Income Tax Expense Benefit Recalculation Foreign Earnings And Profits
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CY2013Q2 ppl Income Tax Reconciliation Income Tax Expense Cash Repatriation
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ppl Income Tax Reconciliation Income Tax Expense Cash Repatriation
IncomeTaxReconciliationIncomeTaxExpenseCashRepatriation
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us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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ppl Income Tax Reconciliation Tax Contingencies Domestic And State
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us-gaap Income Tax Reconciliation Tax Contingencies Foreign
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us-gaap Income Tax Reconciliation Tax Credits
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us-gaap Income Tax Reconciliation Tax Credits Investment
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ppl Depreciation Not Normalized
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ppl Income Tax Reconciliation State Deferred Tax Change
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ppl Income Tax Reconciliation Net Operating Loss Carryfoward Adjustment
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ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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ppl Depreciation Not Normalized
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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409000000 USD
ppl Income Tax Reconciliation Net Operating Loss Carryfoward Adjustment
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us-gaap Income Tax Reconciliation Other Adjustments
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us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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us-gaap Income Tax Reconciliation State And Local Income Taxes
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ppl Income Tax Reconciliation State Deferred Tax Change
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ppl Income Tax Reconciliation Tax Contingencies Domestic And State
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us-gaap Income Tax Reconciliation Tax Credits
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CY2013Q2 ppl Depreciation Not Normalized
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CY2013Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2013Q2 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2013Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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180000000 USD
CY2013Q2 ppl Income Tax Reconciliation Net Operating Loss Carryfoward Adjustment
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CY2013Q2 us-gaap Income Tax Reconciliation Other Adjustments
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CY2013Q2 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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CY2013Q2 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2013Q2 ppl Income Tax Reconciliation Tax Contingencies Domestic And State
IncomeTaxReconciliationTaxContingenciesDomesticAndState
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CY2013Q2 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
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CY2013Q2 us-gaap Income Tax Reconciliation Tax Credits
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CY2013Q2 us-gaap Income Tax Reconciliation Tax Credits Investment
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CY2013Q2 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
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CY2012Q2 ppl Depreciation Not Normalized
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CY2012Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2012Q2 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2012Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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128000000 USD
CY2012Q2 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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CY2012Q2 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
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us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2013Q2 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
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us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2012Q2 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2012Q2 ppl Income Tax Reconciliation State Deferred Tax Change
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CY2012Q2 ppl Income Tax Reconciliation Tax Contingencies Domestic And State
IncomeTaxReconciliationTaxContingenciesDomesticAndState
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CY2012Q2 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
IncomeTaxReconciliationTaxContingenciesForeign
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CY2012Q2 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
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CY2012Q2 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
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CY2012Q2 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate
-40000000 USD
CY2013Q2 ppl Foreign Income Tax Return Adjustments
ForeignIncomeTaxReturnAdjustments
-4000000 USD
CY2012Q2 ppl Foreign Income Tax Return Adjustments
ForeignIncomeTaxReturnAdjustments
USD
ppl Foreign Income Tax Return Adjustments
ForeignIncomeTaxReturnAdjustments
-4000000 USD
ppl Foreign Income Tax Return Adjustments
ForeignIncomeTaxReturnAdjustments
USD
CY2013Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
90000000 USD
CY2012Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
121000000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
USD
CY2012Q2 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
USD
CY2013Q2 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
25000000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4000000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
36000000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
113000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
92000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
145000000 USD
us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
USD
us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4000000 USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
26000000 USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
31000000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3000000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
2000000 USD
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4000000 USD
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4000000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
30000000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
30000000 USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
USD
CY2013Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound
16000000 USD
CY2013Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Lower Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeLowerBound
35000000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
23000000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
36000000 USD
ppl Ratemaking Mechanisms Authorized For Approval
RatemakingMechanismsAuthorizedForApproval
2 Integer
ppl Number Phases Investigation Retail Electricity Market
NumberPhasesInvestigationRetailElectricityMarket
2 Integer
ppl Percentage Of Reduced Electricity Consumption Required By Act129 By2011
PercentageOfReducedElectricityConsumptionRequiredByAct129By2011
0.010 pure
ppl Percentage Of Reduced Electricity Consumption Required By Act129 By2013
PercentageOfReducedElectricityConsumptionRequiredByAct129By2013
0.030 pure
ppl Percentage Of Reduced Peak Demand Required By Act129 By2013
PercentageOfReducedPeakDemandRequiredByAct129By2013
0.045 pure
ppl Number Of Hours That Are Benchmark For Demand Reductions
NumberOfHoursThatAreBenchmarkForDemandReductions
100 Integer
ppl Proposed Cost Recovery Cap Over Year2006 Revenue
ProposedCostRecoveryCapOverYear2006Revenue
0.02 pure
ppl Number Of Years Phase Two Program Is Effective
NumberOfYearsPhaseTwoProgramIsEffective
3 Integer
ppl Percentage Of Reduced Electricity Consumption Under Phase Two Program
PercentageOfReducedElectricityConsumptionUnderPhaseTwoProgram
0.021 pure
ppl Maximum Percentage Of Long Term Contracts For Electric Generation Supply Service
MaximumPercentageOfLongTermContractsForElectricGenerationSupplyService
0.25 pure
ppl Minimum Duration Of Long Term Procurement Contracts
MinimumDurationOfLongTermProcurementContracts
4 Integer
ppl Maximum Duration Of Long Term Procurement Contracts
MaximumDurationOfLongTermProcurementContracts
20 Integer
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3675
CY2013Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2013-07-01
ppl Number Of States Signing Memorandum Of Understanding Establishing Regional Greenhouse Gas Initiative
NumberOfStatesSigningMemorandumOfUnderstandingEstablishingRegionalGreenhouseGasInitiative
10 Integer
ppl Threshold Capacity Of Electric Power Plants Under Memorandum Of Understanding Establishing Regional Greenhouse Gas Initiative
ThresholdCapacityOfElectricPowerPlantsUnderMemorandumOfUnderstandingEstablishingRegionalGreenhouseGasInitiative
25 MW
ppl Percentage Reduction Carbon Dioxide From Base By2019 Per Regional Greenhouse Gas Initiative
PercentageReductionCarbonDioxideFromBaseBy2019PerRegionalGreenhouseGasInitiative
0.10 pure
CY2012Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
94000000 USD
CY2013Q2 us-gaap Loss Contingency Range Of Possible Loss Minimum
LossContingencyRangeOfPossibleLossMinimum
97000000 USD
ppl Percentage Reduction Greenhouse Gas By2020 Per Pennsylvania Advisory Climate Change Action Report
PercentageReductionGreenhouseGasBy2020PerPennsylvaniaAdvisoryClimateChangeActionReport
0.30 pure
ppl Proposed Mandatory Percentage Of Efficiency Improvements Power Per Plants Pennsylvania Advisory Climate Change Action Report
ProposedMandatoryPercentageOfEfficiencyImprovementsPowerPerPlantsPennsylvaniaAdvisoryClimateChangeActionReport
0.05 pure
ppl Through20002006 Compensation Awarded For Lease Payment Under Hydro Electric Litigation For Riverbed Use
Through20002006CompensationAwardedForLeasePaymentUnderHydroElectricLitigationForRiverbedUse
35000000 USD
ppl Maximum Per Day Penalty Federal Energy Regulatory Commission May Assess Under Reliability Standards
MaximumPerDayPenaltyFederalEnergyRegulatoryCommissionMayAssessUnderReliabilityStandards
1000000 USD
CY2013Q2 us-gaap Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
251000000 USD
us-gaap Loss Contingency Accrual Carrying Value Payments
LossContingencyAccrualCarryingValuePayments
16000000 USD
us-gaap Loss Contingency Accrual Carrying Value Provision
LossContingencyAccrualCarryingValueProvision
24000000 USD
CY2013Q2 us-gaap Loss Contingency Accrual Carrying Value Provision
LossContingencyAccrualCarryingValueProvision
24000000 USD
CY2013Q2 ppl Common Stock Dividends Per Share Declared As Per Annum Equivalent
CommonStockDividendsPerShareDeclaredAsPerAnnumEquivalent
1.47
CY2013Q2 us-gaap Dividends Payable Date Declared Month And Year
DividendsPayableDateDeclaredMonthAndYear
2013-05
CY2013Q3 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
1150000000 USD
CY2013Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
28.73
CY2013Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
40000000 shares
CY2013Q2 ppl Debt Instrument Number Of Tranches Of Debt
DebtInstrumentNumberOfTranchesOfDebt
3 Integer
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
930000 shares
ppl Regulator Matters Storm Damage Expense Rider Maximum Period
RegulatorMattersStormDamageExpenseRiderMaximumPeriod
90 Integer
ppl Regulatory Matters Long Term Infrastructure Improvement Plan Minimum Term
RegulatoryMattersLongTermInfrastructureImprovementPlanMinimumTerm
5
ppl Maximum Depreciable Life For New Smart Meter Technology In New Construction
MaximumDepreciableLifeForNewSmartMeterTechnologyInNewConstruction
15
ppl Regulatory Matters Long Term Infrastructure Improvement Plan Maximum Term
RegulatoryMattersLongTermInfrastructureImprovementPlanMaximumTerm
10
ppl Federal Energy Regulatory Commission Formula Revenue Requirement Impact Minimum
FederalEnergyRegulatoryCommissionFormulaRevenueRequirementImpactMinimum
0 USD
ppl Federal Energy Regulatory Commission Formula Revenue Requirement Impact Maximum
FederalEnergyRegulatoryCommissionFormulaRevenueRequirementImpactMaximum
40000000 USD
ppl Regulatory Matters Number Of Issues Assigned To Office Of Administrative Law Judge
RegulatoryMattersNumberOfIssuesAssignedToOfficeOfAdministrativeLawJudge
4 Integer
CY2013Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
97000000 USD
ppl Number Of Electric Utility Companies That Could Be Sued Under Federal Common Law
NumberOfElectricUtilityCompaniesThatCouldBeSuedUnderFederalCommonLaw
5 Integer
ppl Number Companies Cited Greenhouse Gas Case
NumberCompaniesCitedGreenhouseGasCase
87 Integer
ppl Number Of Approaches Proposed By Environmental Protection Agency To Regulate Coal Combustion Residuals June2010
NumberOfApproachesProposedByEnvironmentalProtectionAgencyToRegulateCoalCombustionResidualsJune2010
2 Integer
ppl Amount Of Gallons Of Pollutants Released Into Environment At Facility
AmountOfGallonsOfPollutantsReleasedIntoEnvironmentAtFacility
100000000
ppl Number Of Units At Facility Where Environmental Issue Occurred
NumberOfUnitsAtFacilityWhereEnvironmentalIssueOccurred
2 Integer
ppl Megawatt Capacity Of Each Unit At Facility Where Environmental Issue Occurred
MegawattCapacityOfEachUnitAtFacilityWhereEnvironmentalIssueOccurred
150 MW
CY2013Q2 ppl Environmental Remediation Costs Paid
EnvironmentalRemediationCostsPaid
28000000 USD
ppl Environmental Protection Rule On Impact Of Cooling Towers On Aquatic Organisms
EnvironmentalProtectionRuleOnImpactOfCoolingTowersOnAquaticOrganisms
2 Integer
ppl Environmental Protection Number Of Factors To Make Site Specific Determination
EnvironmentalProtectionNumberOfFactorsToMakeSiteSpecificDetermination
9 Integer
CY2013Q2 ppl Maximum Amount Of Insured Property Damages Losses Coverage Nuclear Plant
MaximumAmountOfInsuredPropertyDamagesLossesCoverageNuclearPlant
2500000000 USD
CY2013Q2 ppl Maximum Assessment Retroactive Premiums Insured Outage Loss Coverage
MaximumAssessmentRetroactivePremiumsInsuredOutageLossCoverage
46000000 USD
CY2013Q2 ppl Maximum Amount For Public Liability Claims For Nuclear Incident
MaximumAmountForPublicLiabilityClaimsForNuclearIncident
12600000000 USD
CY2013Q2 ppl Maximum Amount Assessed For Nuclear Incident
MaximumAmountAssessedForNuclearIncident
235000000 USD
CY2013Q2 ppl Maximum Amount Payable Per Year Assessed For Nuclear Incident
MaximumAmountPayablePerYearAssessedForNuclearIncident
35000000 USD
ppl Number Electric Utilities Ordered To Enter Into Long Term Contracts
NumberElectricUtilitiesOrderedToEnterIntoLongTermContracts
3 Integer
ppl Capacity Of Natural Gas Fired Combined Cycle Generating Facility
CapacityOfNaturalGasFiredCombinedCycleGeneratingFacility
661 MW
ppl Period To Complete Settlement In Days
PeriodToCompleteSettlementInDays
60 Integer
ppl Number Of Indirect Subsidiaries Cited Greenhouse Gas Case
NumberOfIndirectSubsidiariesCitedGreenhouseGasCase
3 Integer
ppl Loss Contingency Settlement Value
LossContingencySettlementValue
75000 USD
us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
23000000 USD
ppl Number Phases Cross State Air Pollution Rule Be Implemented
NumberPhasesCrossStateAirPollutionRuleBeImplemented
2 Integer
CY2013Q2 ppl Sulfur Dioxide Emissions Standard
SulfurDioxideEmissionsStandard
1 Integer
ppl Environmental Matters Administrative Order On Consent Period To Provide Assurance
EnvironmentalMattersAdministrativeOrderOnConsentPeriodToProvideAssurance
5 Integer
us-gaap Litigation Settlement Gross
LitigationSettlementGross
6000000 USD
us-gaap Loss Contingency Number Of Plaintiffs
LossContingencyNumberOfPlaintiffs
6 Integer
CY2013Q2 ppl Property Plant And Equipment Carrying Value Held Not Used
PropertyPlantAndEquipmentCarryingValueHeldNotUsed
68000000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
-109000000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
8000000 USD
ppl Coal Combustion Residual Intent To Sue Number Of Companies
CoalCombustionResidualIntentToSueNumberOfCompanies
2 Integer
ppl Loss Contingency Pending Claims Not Accrued Operating Permit
LossContingencyPendingClaimsNotAccruedOperatingPermit
3 Integer
ppl National Ambient Air Quality Standards Period Designations Of Non Attainment Area Become Final
NationalAmbientAirQualityStandardsPeriodDesignationsOfNonAttainmentAreaBecomeFinal
60 Integer
ppl Greenhouse Gas Emissions Reduction In Emissions Below2005 Levels Percentage
GreenhouseGasEmissionsReductionInEmissionsBelow2005LevelsPercentage
0.17 pure
ppl Social Cost Of Carbon Per Metric Ton Prior To2015
SocialCostOfCarbonPerMetricTonPriorTo2015
23.80
ppl Social Cost Of Carbon Per Metric Ton In2015
SocialCostOfCarbonPerMetricTonIn2015
38
CY2013Q2 ppl Weighted Average Coupon Of Nuclear Decommissioning Trust Funds Debt Securities
WeightedAverageCouponOfNuclearDecommissioningTrustFundsDebtSecurities
0.0399 pure
CY2013Q2 ppl Weighted Average Maturity For Debt Securities Held By Nuclear Decommissioning Trust Funds
WeightedAverageMaturityForDebtSecuritiesHeldByNuclearDecommissioningTrustFunds
7.8 Integer
CY2013Q2 ppl Concentration Risk Credit Risk Fin Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinInstrumentMaximumExposure
1300000000 USD
CY2013Q2 ppl Fair Value Concentration Of Credit Risk After Master Netting Collateral Arrangements
FairValueConcentrationOfCreditRiskAfterMasterNettingCollateralArrangements
669000000 USD
CY2013Q2 ppl Dollar Exposure To Top Ten Counterparties
DollarExposureToTopTenCounterparties
339000000 USD
CY2013Q2 ppl Percentage Exposure To Top Ten Counterparties
PercentageExposureToTopTenCounterparties
0.51 pure
CY2013Q2 ppl Number Of Counterparties In Top Ten With Investment Grade Rating
NumberOfCounterpartiesInTopTenWithInvestmentGradeRating
10 Integer
ppl Competitive Solicitations Shortest Term Of Products
CompetitiveSolicitationsShortestTermOfProducts
3 Integer
ppl Competitive Solicitations Frequency Each Plan Year
CompetitiveSolicitationsFrequencyEachPlanYear
twice
ppl Competitive Solicitations Longest Term Of Products
CompetitiveSolicitationsLongestTermOfProducts
12 Integer
ppl Competitive Solicitations Recurring Term Of Spot Market Product
CompetitiveSolicitationsRecurringTermOfSpotMarketProduct
12 Integer
CY2013Q2 ppl Competitive Solicitations Number Completed
CompetitiveSolicitationsNumberCompleted
1 Integer
CY2013Q2 ppl Competitive Solicitations Total Number
CompetitiveSolicitationsTotalNumber
4 Integer
CY2013Q2 ppl Loss Contingency Pending Claims Not Accrued Number
LossContingencyPendingClaimsNotAccruedNumber
39 Integer
ppl Amount For Claims Remaining Against Company For Spot Market Bilateral Sales
AmountForClaimsRemainingAgainstCompanyForSpotMarketBilateralSales
50000000 USD
ppl Loss Contingency Civil Penalty Amount Per Day Per Violation
LossContingencyCivilPenaltyAmountPerDayPerViolation
36000 USD
ppl Statutory Period After Order For Compliance With Mercury And Air Toxics Standards
StatutoryPeriodAfterOrderForComplianceWithMercuryAndAirToxicsStandards
3 Integer
ppl Statutory Period After Order For Extension With Mercury And Air Toxics Standards
StatutoryPeriodAfterOrderForExtensionWithMercuryAndAirToxicsStandards
1 Integer
CY2013Q2 ppl Renewable Energy Legislation Program Funding Total
RenewableEnergyLegislationProgramFundingTotal
25000000 USD
CY2013Q2 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
23000000 USD
CY2012Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
24000000 USD
CY2013Q2 ppl Deductible For Bodily Injury And Property Damage
DeductibleForBodilyInjuryAndPropertyDamage
4000000 USD
CY2013Q2 ppl Maximum Aggregate Coverage Bodily Injury And Property Damage
MaximumAggregateCoverageBodilyInjuryAndPropertyDamage
225000000 USD
CY2013Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
14000000 USD
CY2012Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
10000000 USD
CY2013Q2 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1000000 USD
CY2012Q2 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
-20000000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
21000000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
26000000 USD
CY2013Q2 ppl Baseload Generation Fleet Generating Capacity
BaseloadGenerationFleetGeneratingCapacity
7298 MW
CY2012Q4 ppl Cash Collateral Posted Under Master Netting Arrangements
CashCollateralPostedUnderMasterNettingArrangements
32000000 USD
CY2013Q2 ppl Cash Collateral Posted Under Master Netting Arrangements
CashCollateralPostedUnderMasterNettingArrangements
22000000 USD
CY2013Q2 us-gaap Price Risk Cash Flow Hedge Unrealized Gain Loss To Be Reclassified During Next12 Months
PriceRiskCashFlowHedgeUnrealizedGainLossToBeReclassifiedDuringNext12Months
71000000 USD
ppl Price Risk Cash Flow Hedge Gain Loss Reclassified To Earnings Net Text
PriceRiskCashFlowHedgeGainLossReclassifiedToEarningsNetText
insignificant
ppl Maximum Maturity Date Of Economic Activity Instruments
MaximumMaturityDateOfEconomicActivityInstruments
2019
CY2013Q2 us-gaap Notional Amount Of Interest Rate Cash Flow Hedge Derivatives
NotionalAmountOfInterestRateCashFlowHedgeDerivatives
1900000000 USD
CY2013Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-12000000 USD
CY2013Q2 us-gaap Notional Amount Of Derivative Instruments Designated As Net Investment Hedges
NotionalAmountOfDerivativeInstrumentsDesignatedAsNetInvestmentHedges
263000000 USD
CY2013Q2 us-gaap Notional Amount Of Derivative Instruments Designated As Net Investment Hedges
NotionalAmountOfDerivativeInstrumentsDesignatedAsNetInvestmentHedges
166000000 GBP
CY2013Q2 ppl Total Exposure Hedged Foreign Currency Contracts Classifed As Economic Activity
TotalExposureHedgedForeignCurrencyContractsClassifedAsEconomicActivity
1200000000 GBP
ppl Minimum Termination Date Net Investment Hedges Classified As Economic Activity
MinimumTerminationDateNetInvestmentHedgesClassifiedAsEconomicActivity
July 2013
ppl Maximum Termination Date Net Investment Hedges Classified As Economic Activity
MaximumTerminationDateNetInvestmentHedgesClassifiedAsEconomicActivity
June 2015
ppl Minimum Settlement Date Net Investment Hedges
MinimumSettlementDateNetInvestmentHedges
November 2013
ppl Maximum Settlement Date Net Investment Hedges
MaximumSettlementDateNetInvestmentHedges
June 2014
CY2012Q2 ppl Accumulated Other Comprehensive Income Loss Excluding Net Investment Hedges Net Of Tax
AccumulatedOtherComprehensiveIncomeLossExcludingNetInvestmentHedgesNetOfTax
333000000 USD
CY2013Q2 ppl Accumulated Other Comprehensive Income Loss Excluding Net Investment Hedges Net Of Tax
AccumulatedOtherComprehensiveIncomeLossExcludingNetInvestmentHedgesNetOfTax
102000000 USD
CY2012Q4 ppl Accumulated Other Comprehensive Income Loss Excluding Net Investment Hedges Net Of Tax
AccumulatedOtherComprehensiveIncomeLossExcludingNetInvestmentHedgesNetOfTax
132000000 USD
CY2011Q4 ppl Accumulated Other Comprehensive Income Loss Excluding Net Investment Hedges Net Of Tax
AccumulatedOtherComprehensiveIncomeLossExcludingNetInvestmentHedgesNetOfTax
527000000 USD
CY2013Q2 ppl Price Risk Cash Flow Hedge Gain Loss Reclassified To Earnings Net Text
PriceRiskCashFlowHedgeGainLossReclassifiedToEarningsNetText
insignificant
us-gaap Price Risk Cash Flow Hedge Ineffectiveness Is Immaterial
PriceRiskCashFlowHedgeIneffectivenessIsImmaterial
insignificant
CY2013Q2 us-gaap Price Risk Cash Flow Hedge Ineffectiveness Is Immaterial
PriceRiskCashFlowHedgeIneffectivenessIsImmaterial
insignificant
CY2013Q2 us-gaap Interest Rate Cash Flow Hedge Ineffectiveness Is Immaterial
InterestRateCashFlowHedgeIneffectivenessIsImmaterial
insignificant
us-gaap Interest Rate Cash Flow Hedge Ineffectiveness Is Immaterial
InterestRateCashFlowHedgeIneffectivenessIsImmaterial
insignificant
ppl Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Insignificant
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringInsignificant
no such reclassifications
CY2013Q2 ppl Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Insignificant
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringInsignificant
no such reclassifications
CY2012Q2 ppl Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Insignificant
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringInsignificant
no such reclassifications
ppl Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Insignificant
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringInsignificant
no such reclassifications
ppl Price Risk Cash Flow Hedge Gain Loss Reclassified To Earnings Net Text
PriceRiskCashFlowHedgeGainLossReclassifiedToEarningsNetText
insignificant
CY2012Q2 ppl Price Risk Cash Flow Hedge Gain Loss Reclassified To Earnings Net Text
PriceRiskCashFlowHedgeGainLossReclassifiedToEarningsNetText
insignificant
CY2013Q2 us-gaap Notional Amount Of Nonderivative Instruments Designated As Net Investment Hedges
NotionalAmountOfNonderivativeInstrumentsDesignatedAsNetInvestmentHedges
94000000 GBP
CY2013Q2 us-gaap Notional Amount Of Nonderivative Instruments Designated As Net Investment Hedges
NotionalAmountOfNonderivativeInstrumentsDesignatedAsNetInvestmentHedges
142000000 USD
ppl Maximum Length Of Time Hedged In Interest Rate Cash Flow Hedge2
MaximumLengthOfTimeHedgedInInterestRateCashFlowHedge2
2044
CY2012Q2 us-gaap Interest Rate Cash Flow Hedge Ineffectiveness Is Immaterial
InterestRateCashFlowHedgeIneffectivenessIsImmaterial
insignificant
ppl Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax Insignificant
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTaxInsignificant
insignificant
CY2012Q2 ppl Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax Insignificant
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTaxInsignificant
insignificant
CY2013Q2 ppl Total Exposure Hedged Foreign Currency Contracts Classifed As Economic Activity
TotalExposureHedgedForeignCurrencyContractsClassifedAsEconomicActivity
1900000000 USD
CY2013Q2 invest Derivative Notional Amount
DerivativeNotionalAmount
1300000000 USD
CY2013Q2 ppl Derivative Higher Remaining Maturity Range2
DerivativeHigherRemainingMaturityRange2
2028
CY2013Q2 us-gaap Translation Adjustment For Net Investment Hedge Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeNetOfTax
29000000 USD
CY2012Q4 us-gaap Translation Adjustment For Net Investment Hedge Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeNetOfTax
14000000 USD
CY2013Q2 ppl Intermediate And Peaking Fleet Generating Capacity
IntermediateAndPeakingFleetGeneratingCapacity
3316 MW
CY2013Q2 ppl Notional Amount Of Interest Rate Swaps Classified Economic Activity
NotionalAmountOfInterestRateSwapsClassifiedEconomicActivity
179000000 USD
ppl Maximum Length Of Time Hedged In Interest Rate Economic Activity Hedge
MaximumLengthOfTimeHedgedInInterestRateEconomicActivityHedge
2033
us-gaap Interest Rate Cash Flow Hedge Ineffectiveness Is Immaterial
InterestRateCashFlowHedgeIneffectivenessIsImmaterial
insignificant
CY2012Q2 us-gaap Price Risk Cash Flow Hedge Ineffectiveness Is Immaterial
PriceRiskCashFlowHedgeIneffectivenessIsImmaterial
insignificant
us-gaap Price Risk Cash Flow Hedge Ineffectiveness Is Immaterial
PriceRiskCashFlowHedgeIneffectivenessIsImmaterial
insignificant
CY2013Q2 ppl Cash Collateral Obligation Under Master Netting Arrangement
CashCollateralObligationUnderMasterNettingArrangement
31000000 USD
CY2012Q4 ppl Cash Collateral Obligation Under Master Netting Arrangement
CashCollateralObligationUnderMasterNettingArrangement
112000000 USD
CY2013Q2 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
2000000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
6000000 USD
CY2013Q2 ppl Pretax Gain Loss Derivatives No Longer Designated As Hedging Instruments Recorded In Aoci
PretaxGainLossDerivativesNoLongerDesignatedAsHedgingInstrumentsRecordedInAoci
264000000 USD
CY2012Q4 ppl Pretax Gain Loss Derivatives No Longer Designated As Hedging Instruments Recorded In Aoci
PretaxGainLossDerivativesNoLongerDesignatedAsHedgingInstrumentsRecordedInAoci
300000000 USD
CY2013Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1933000000 USD
CY2013Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
1225000000 USD
CY2013Q2 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
29000000 USD
CY2013Q2 us-gaap Derivative Assets
DerivativeAssets
679000000 USD
CY2013Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1401000000 USD
CY2013Q2 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
1225000000 USD
CY2013Q2 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
34000000 USD
CY2013Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
142000000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
2097000000 USD
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us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
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<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;font-weight:bold;margin-left:0px;">19</font><font style="font-family:Arial;font-size:10pt;font-weight:bold;">. </font><font style="font-family:Arial;font-size:10pt;font-weight:bold;"> </font><font style="font-family:Arial;font-size:10pt;font-weight:bold;">New Accounting Guidance Pending Adoption</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">(</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">PPL</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">, </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">PPL</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;"> Energy Supply, </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">PPL</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;"> Electric, LKE, LG&amp;E and KU)</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:0px;">Accounting for Obligations Resulting from Joint and Several Liability Arrangements</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Effective </font><font style="font-family:Times New Roman;font-size:10pt;">January 1, 2014</font><font style="font-family:Times New Roman;font-size:10pt;">, the Registrants will retrospectively adopt accounting guidance for the recognition, measurement and disclosure of certain obligations resulting from joint and several liability arrangements when the amount of the obligation is fixed at the reporting date. 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This guidance also removed the restrictions on using different benchmark interest rates for similar hedges.</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">This guidance is effective prospectively for qualifying new or redesignated hedging relationships entered into on or after </font><font style="font-family:Times New Roman;font-size:10pt;">July 17, 2013</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> The adoption of this guidance is not expected to have a significant impact on the Registrants.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:0px;">Presentation of </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Unrecognized Tax Benefits When Ne</font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">t Operating Loss Carryforwards, </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Similar Tax Losses, or Tax Credit Carryforwards Exist</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Effective </font><font style="font-family:Times New Roman;font-size:10pt;">January 1, 2014</font><font style="font-family:Times New Roman;font-size:10pt;">, the Registrants will prospectively adopt accounting guidance that requires an unrecognized tax benefit, or a portion of an unrecognized tax benefit, </font><font style="font-family:Times New Roman;font-size:10pt;">to </font><font style="font-family:Times New Roman;font-size:10pt;">be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> To the extent</font><font style="font-family:Times New Roman;font-size:10pt;"> a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position, or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be </font><font style="font-family:Times New Roman;font-size:10pt;">combined with</font><font style="font-family:Times New Roman;font-size:10pt;"> deferred tax assets.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The adoption of this guidance is not expected to have a significant impact on the Registrants.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p>
ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
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ppl Income From Continuing Operations After Tax Allocated To Participating Securities
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