2014 Q4 Form 10-Q Financial Statement

#000092222414000132 Filed on November 07, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $1.946B $1.879B $3.074B
YoY Change -30.97% -38.87% 27.92%
Cost Of Revenue $241.0M $173.0M $706.0M
YoY Change -59.43% -75.5% 367.55%
Gross Profit $1.705B $1.706B $2.368B
YoY Change -23.37% -27.96% 5.15%
Gross Profit Margin 87.62% 90.79% 77.03%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $249.0M $249.0M $340.0M
YoY Change -318.42% -26.76% 1.8%
% of Gross Profit 14.6% 14.6% 14.36%
Operating Expenses $1.005B $1.018B $1.522B
YoY Change -38.68% -33.11% -4.16%
Operating Profit $700.0M $688.0M $846.0M
YoY Change 3233.33% -18.68% 27.41%
Interest Expense -$206.0M $213.0M $244.0M
YoY Change 38.26% -12.7% -1.61%
% of Operating Profit -29.43% 30.96% 28.84%
Other Income/Expense, Net $72.00M $136.0M -$117.0M
YoY Change -1128.57% -216.24% 165.91%
Pretax Income $566.0M $611.0M $485.0M
YoY Change -311.19% 25.98% 30.38%
Income Tax $158.0M $201.0M $81.00M
% Of Pretax Income 27.92% 32.9% 16.7%
Net Earnings $695.0M $497.0M $410.0M
YoY Change -809.18% 21.22% 15.49%
Net Earnings / Revenue 35.71% 26.45% 13.34%
Basic Earnings Per Share $1.04 $0.74 $0.65
Diluted Earnings Per Share $1.04 $0.74 $0.62
COMMON SHARES
Basic Shares Outstanding 665.1M shares 664.4M shares 631.0M shares
Diluted Shares Outstanding 666.4M shares 664.3M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.519B $1.188B $1.291B
YoY Change 37.84% -7.98% 36.47%
Cash & Equivalents $1.399B $994.0M $1.291B
Short-Term Investments $120.0M
Other Short-Term Assets $55.00M $43.00M $67.00M
YoY Change 48.65% -35.82% 36.73%
Inventory $381.0M $763.0M $686.0M
Prepaid Expenses $75.00M $117.0M $173.0M
Receivables $737.0M $911.0M $857.0M
Other Receivables $71.00M $139.0M $117.0M
Total Short-Term Assets $6.026B $5.760B $4.971B
YoY Change 16.94% 15.87% -4.9%
LONG-TERM ASSETS
Property, Plant & Equipment $28.17B $34.40B $31.59B
YoY Change -14.86% 8.89% 8.75%
Goodwill $3.667B $4.187B $4.050B
YoY Change -3.63% 3.38% -1.94%
Intangibles $668.0M $936.0M $932.0M
YoY Change -29.46% 0.43% 2.08%
Long-Term Investments $36.00M $47.00M
YoY Change -23.4% -29.85%
Other Assets $203.0M $343.0M $623.0M
YoY Change -43.14% -44.94% -35.24%
Total Long-Term Assets $14.41B $7.085B $7.578B
YoY Change 102.63% -6.51% -7.45%
TOTAL ASSETS
Total Short-Term Assets $6.026B $5.760B $4.971B
Total Long-Term Assets $14.41B $7.085B $7.578B
Total Assets $48.86B $48.19B $44.99B
YoY Change 5.63% 7.12% 4.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $995.0M $1.208B $1.079B
YoY Change -23.93% 11.96% 0.75%
Accrued Expenses $298.0M $354.0M $325.0M
YoY Change -8.31% 8.92% -2.99%
Deferred Revenue
YoY Change
Short-Term Debt $836.0M $1.099B $499.0M
YoY Change 19.26% 120.24% -5.13%
Long-Term Debt Due $1.000B $235.0M $751.0M
YoY Change 217.46% -68.71% 139.94%
Total Short-Term Liabilities $7.439B $5.412B $4.948B
YoY Change 51.45% 9.38% 1.25%
LONG-TERM LIABILITIES
Long-Term Debt $17.05B $20.52B $19.09B
YoY Change -17.18% 7.49% 2.04%
Other Long-Term Liabilities $525.0M $601.0M $665.0M
YoY Change -9.95% -9.62% -27.8%
Total Long-Term Liabilities $10.49B $8.281B $8.586B
YoY Change 26.49% -3.55% 2.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.439B $5.412B $4.948B
Total Long-Term Liabilities $10.49B $8.281B $8.586B
Total Liabilities $17.92B $13.69B $13.53B
YoY Change 35.78% 1.17% 1.78%
SHAREHOLDERS EQUITY
Retained Earnings $6.462B $6.017B $6.040B
YoY Change 13.19% -0.38% 13.21%
Common Stock $9.440B $9.395B $8.311B
YoY Change 13.43% 13.04% 20.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $13.63B $13.97B $12.34B
YoY Change
Total Liabilities & Shareholders Equity $48.61B $48.19B $44.99B
YoY Change 5.07% 7.12% 4.04%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income $695.0M $497.0M $410.0M
YoY Change -809.18% 21.22% 15.49%
Depreciation, Depletion And Amortization $249.0M $249.0M $340.0M
YoY Change -318.42% -26.76% 1.8%
Cash From Operating Activities $617.0M $1.115B $1.276B
YoY Change -23.64% -12.62% 11.25%
INVESTING ACTIVITIES
Capital Expenditures -$1.085B -$936.0M -$971.0M
YoY Change 18.71% -3.6% 26.27%
Acquisitions
YoY Change
Other Investing Activities $730.0M $65.00M $17.00M
YoY Change -223.1% 282.35% 183.33%
Cash From Investing Activities -$355.0M -$871.0M -$954.0M
YoY Change -76.44% -8.7% 25.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 164.0M -252.0M 256.0M
YoY Change -75.34% -198.44% -159.4%
NET CHANGE
Cash From Operating Activities 617.0M 1.115B 1.276B
Cash From Investing Activities -355.0M -871.0M -954.0M
Cash From Financing Activities 164.0M -252.0M 256.0M
Net Change In Cash 426.0M -8.000M 578.0M
YoY Change -1352.94% -101.38% -1329.79%
FREE CASH FLOW
Cash From Operating Activities $617.0M $1.115B $1.276B
Capital Expenditures -$1.085B -$936.0M -$971.0M
Free Cash Flow $1.702B $2.051B $2.247B
YoY Change -1.16% -8.72% 17.28%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2014Q3 us-gaap Interest Payable Current
InterestPayableCurrent
354000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1169000000 USD
CY2014Q3 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
28000000 USD
CY2013Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
151000000 USD
CY2014Q3 us-gaap Unregulated Operating Revenue
UnregulatedOperatingRevenue
282000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-33000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
10000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-5000000 USD
CY2014Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3725
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
7000000 USD
CY2014Q3 ppl Baseload Generation Fleet Generating Capacity
BaseloadGenerationFleetGeneratingCapacity
7369 MW
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1528000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-1000000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
543000000 USD
ppl Increase Decrease In Unrecognized Tax Positions
IncreaseDecreaseInUnrecognizedTaxPositions
1000000 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
6000000 USD
CY2013Q3 ppl Income From Continuing Operations After Tax Allocated To Participating Securities
IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities
2000000 USD
CY2013Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
232000000 USD
CY2014Q3 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
9000000 USD
CY2014Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
9388000000 USD
CY2014Q3 ppl Maximum Aggregate Coverage Bodily Injury And Property Damage
MaximumAggregateCoverageBodilyInjuryAndPropertyDamage
225000000 USD
us-gaap Unregulated Operating Revenue
UnregulatedOperatingRevenue
755000000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
535000000 USD
us-gaap Pension Contributions
PensionContributions
322000000 USD
CY2014Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
117000000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.73
ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
IncomeFromContinuingOperationsAfterTaxInterestOnConvertibleDebtNetofTax
9000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-1000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-20000000 USD
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
8316000000 USD
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q3 ppl Price Risk Management Liabilities Current
PriceRiskManagementLiabilitiesCurrent
897000000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
258000000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
869000000 USD
CY2014Q3 us-gaap Long Term Investments
LongTermInvestments
947000000 USD
ppl Income Tax Reconciliation Tax Contingencies Domestic And State
IncomeTaxReconciliationTaxContingenciesDomesticAndState
0 USD
ppl Other Nonoperating Income Domestic
OtherNonoperatingIncomeDomestic
10000000 USD
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
664343000 shares
CY2014Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
27000000 USD
CY2014Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
961000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-84000000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
43000000 USD
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12362000000 USD
CY2014Q3 us-gaap Decommissioning Fund Investments
DecommissioningFundInvestments
911000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
301000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-2000000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
-18000000 USD
us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
7476000000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
512000000 USD
CY2014Q3 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
210000 shares
CY2014Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
21000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
2000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1049000000 USD
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2013Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
1286000000 USD
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
7000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
102000000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
583000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1032000000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.9
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3928000000 USD
CY2014Q3 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
119000000 USD
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
34397000000 USD
CY2013Q3 us-gaap Interest Income Other
InterestIncomeOther
1000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
12000000 USD
CY2013Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
1048000000 USD
CY2014Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
911000000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
33087000000 USD
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
665072010 shares
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
309000000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
8000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
1000000 USD
us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
5000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
112000000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.6
CY2014Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-48000000 USD
CY2014Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
CY2014Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-1000000 USD
CY2014Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
186000000 USD
CY2013Q4 us-gaap Interest Payable Current
InterestPayableCurrent
325000000 USD
CY2014Q3 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
3449000000 USD
ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate
-206000000 USD
CY2013Q3 us-gaap Revenues
Revenues
3074000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
6000000 USD
CY2014Q3 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
2000000 USD
CY2013Q3 us-gaap Employee Stock Ownership Plan Esop Shares Contributed To Esop
EmployeeStockOwnershipPlanESOPSharesContributedToESOP
0 shares
CY2013Q3 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
0 USD
CY2014Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
952000000 USD
us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
8902000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2014Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
3194000000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
164000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
0 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
357000000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
901000000 USD
us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
5000000 USD
CY2014Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
601000000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
497000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-3000000 USD
CY2014Q3 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
676000000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
410000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
492000000 USD
CY2014Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
-126000000 USD
CY2013Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
33000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
2000000 USD
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
30000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
127000000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10498000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1042000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2000000 USD
CY2014Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
281000000 USD
CY2014Q3 ppl Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
6349000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
15000000 USD
dei Entity Registrant Name
EntityRegistrantName
PPL Corp
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.58
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
1000000 USD
CY2014Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
998000000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
37000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
89000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-38000000 USD
ppl Other Nonoperating Expense Domestic
OtherNonoperatingExpenseDomestic
13000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
545000000 USD
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1438000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-165000000 USD
CY2014Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6323000000 USD
CY2014Q3 us-gaap Goodwill
Goodwill
4187000000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.64
CY2013Q3 ppl Incremental Common Shares Attributable To Equity Forward Sale Agreements
IncrementalCommonSharesAttributableToEquityForwardSaleAgreements
0 shares
ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
IncomeFromContinuingOperationsAfterTaxAvailabletoShareholdersDiluted
1229000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
398000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-101000000 USD
CY2014Q3 us-gaap Interest Income Other
InterestIncomeOther
0 USD
CY2013Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1151000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1199000000 USD
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Interest Expense
InterestExpense
747000000 USD
us-gaap Employee Stock Ownership Plan Esop Shares Contributed To Esop
EmployeeStockOwnershipPlanESOPSharesContributedToESOP
0 shares
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1046000000 USD
CY2014Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2014Q3 ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
IncomeFromContinuingOperationsAfterTaxInterestOnConvertibleDebtNetofTax
0 USD
CY2014Q3 ppl Property Plant And Equipment Generation Or Processing
PropertyPlantAndEquipmentGenerationOrProcessing
11179000000 USD
ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
1222000000 USD
CY2013Q4 ppl Price Risk Management Liabilities
PriceRiskManagementLiabilities
415000000 USD
ppl Net Change Unbilled Revenues
NetChangeUnbilledRevenues
-163000000 USD
CY2014Q3 ppl Common Stock Dividends Per Share Declared As Per Annum Equivalent
CommonStockDividendsPerShareDeclaredAsPerAnnumEquivalent
1.49
us-gaap Fuel Costs
FuelCosts
1464000000 USD
us-gaap Other Cost Of Services
OtherCostOfServices
2009000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1161000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
31000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1259000000 USD
CY2013Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
159000000 USD
CY2013Q3 ppl Income Tax Reconciliation Tax Contingencies Domestic And State
IncomeTaxReconciliationTaxContingenciesDomesticAndState
-1000000 USD
CY2014Q3 us-gaap Liabilities Current
LiabilitiesCurrent
5412000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
5000000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
490000000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4912000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1433000000 USD
ppl Purchase Contracts
PurchaseContracts
59171000 shares
us-gaap Net Income Loss
NetIncomeLoss
1228000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
13000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-68000000 USD
CY2013Q4 ppl Property Plant And Equipment Nuclear Fuel
PropertyPlantAndEquipmentNuclearFuel
591000000 USD
CY2014Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3725
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
645000000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-140000000 USD
CY2014Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
248000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-3000000 USD
CY2013Q3 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
85000 shares
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
38000000 USD
CY2013Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
27755000000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
-77000000 USD
CY2013Q3 ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
IncomeFromContinuingOperationsAfterTaxAvailabletoShareholdersDiluted
408000000 USD
CY2014Q3 us-gaap Assets
Assets
48189000000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
16000000 USD
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1469000 shares
CY2014Q3 ppl Income Tax Reconciliation Tax Contingencies Domestic And State
IncomeTaxReconciliationTaxContingenciesDomesticAndState
-1000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-4000000 USD
CY2013Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
834000000 USD
CY2014Q3 ppl Income From Continuing Operations After Tax Allocated To Participating Securities
IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities
2000000 USD
CY2014Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
343000000 USD
CY2014Q3 us-gaap Revenues
Revenues
3449000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
3000000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.61
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-11000000 USD
us-gaap Pension Contributions
PensionContributions
505000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
92000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
9000000 USD
ppl Incremental Common Shares Attributable To Equity Forward Sale Agreements
IncrementalCommonSharesAttributableToEquityForwardSaleAgreements
613000 shares
ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate
-23000000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
46259000000 USD
CY2014Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
274000000 USD
ppl Payments For Contractual Adjustments
PaymentsForContractualAdjustments
72000000 USD
us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
8000000 USD
CY2013Q3 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
3000000 USD
us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
5000000 USD
CY2014Q3 us-gaap Other Assets Current
OtherAssetsCurrent
43000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
329000000 USD
ppl Stock Based Compensation
StockBasedCompensation
23000000 USD
CY2014Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1098000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
124000000 USD
us-gaap Interest Expense
InterestExpense
775000000 USD
CY2014Q3 us-gaap Other Cost Of Services
OtherCostOfServices
684000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
390000000 USD
CY2014Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
123000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-6000000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
403000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-148000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-11000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-41000000 USD
ppl Income From Continuing Operations After Tax Allocated To Participating Securities
IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities
6000000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
601275000 shares
CY2013Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
998000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
862000000 USD
us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
6000000 USD
CY2014Q3 us-gaap Price Risk Cash Flow Hedge Unrealized Gain Loss To Be Reclassified During Next12 Months
PriceRiskCashFlowHedgeUnrealizedGainLossToBeReclassifiedDuringNext12Months
21000000 USD
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
10000000 USD
CY2013Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
26000000 USD
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-117000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
18000000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
265000000 USD
CY2013Q3 us-gaap Utility Revenue
UtilityRevenue
1739000000 USD
ppl Unrealized Gains Losses On Derivatives And Other Hedging Activities
UnrealizedGainsLossesOnDerivativesAndOtherHedgingActivities
-126000000 USD
ppl Income From Continuing Operations After Tax Allocated To Participating Securities
IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities
5000000 USD
CY2013Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
687000000 USD
CY2013Q3 ppl Other Nonoperating Expense Domestic
OtherNonoperatingExpenseDomestic
3000000 USD
ppl Depreciation From Continuing And Discontinued Operations
DepreciationFromContinuingAndDiscontinuedOperations
930000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
85000000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
168000000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
665501000 shares
us-gaap Profit Loss
ProfitLoss
1229000000 USD
CY2014Q3 ppl Price Risk Management Liabilities
PriceRiskManagementLiabilities
377000000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
485000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-15000000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-13000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-2000000 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1035000 shares
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1188000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2768000000 USD
CY2013Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
38000000 USD
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014Q3 ppl Income From Continuing Operations After Tax Available To Shareholders
IncomeFromContinuingOperationsAfterTaxAvailableToShareholders
488000000 USD
CY2014Q3 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
92000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-4000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
403000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
2000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-40000000 USD
CY2013Q3 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
3000000 USD
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
780000000 shares
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
111000000 USD
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
630321000 shares
CY2013Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
4873000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
718000000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
3000000 USD
us-gaap Utility Revenue
UtilityRevenue
5344000000 USD
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
7000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1552000000 USD
CY2014Q3 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
30169000000 USD
CY2014Q3 ppl Proceeds From Sale Of Other Investment
ProceedsFromSaleOfOtherInvestment
3000000 USD
ppl Proceeds From Sale Of Other Investment
ProceedsFromSaleOfOtherInvestment
0 USD
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
631046000 shares
us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
5000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
84000000 USD
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-101000000 USD
us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
6645000000 USD
dei Document Type
DocumentType
10-Q
CY2013Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
7112000000 USD
CY2014Q3 ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
IncomeFromContinuingOperationsAfterTaxAvailabletoShareholdersDiluted
488000000 USD
us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
261000000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.03
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
ppl Depreciation Not Normalized
DepreciationNotNormalized
-6000000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
13974000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-42000000 USD
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
666402000 shares
ppl Dividends Dividend Equivalents Redemptions And Distributions
DividendsDividendEquivalentsRedemptionsAndDistributions
667000000 USD
CY2013Q3 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-38000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
86000000 USD
CY2014Q3 ppl Incremental Common Shares Attributable To Equity Forward Sale Agreements
IncrementalCommonSharesAttributableToEquityForwardSaleAgreements
0 shares
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
187000000 USD
us-gaap Fuel Costs
FuelCosts
1701000000 USD
CY2014Q3 us-gaap Fuel Costs
FuelCosts
452000000 USD
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
780000000 shares
CY2014Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
20522000000 USD
ppl Stock Based Compensation
StockBasedCompensation
24000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
79000000 USD
CY2013Q4 us-gaap Decommissioning Fund Investments
DecommissioningFundInvestments
864000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-3000000 USD
ppl Income From Continuing Operations After Tax Available To Shareholders
IncomeFromContinuingOperationsAfterTaxAvailableToShareholders
1192000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
59000000 USD
CY2013Q3 ppl Earnings On Nuclear Decommissioning Trust Funds
EarningsOnNuclearDecommissioningTrustFunds
4000000 USD
ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
1037000000 USD
CY2014Q3 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
732000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-29000000 USD
CY2014Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
2000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
43000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
5000000 USD
CY2013Q4 ppl Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
7134000000 USD
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
8000000 USD
us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
845000000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
79000000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.73
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
415000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
30000000 USD
CY2013Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
8000000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
495000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3000000 USD
CY2013Q3 us-gaap Other Cost Of Services
OtherCostOfServices
658000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2289000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-1000000 USD
ppl Depreciation From Continuing And Discontinued Operations
DepreciationFromContinuingAndDiscontinuedOperations
859000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2257000000 USD
ppl Incremental Common Shares Attributable To Equity Forward Sale Agreements
IncrementalCommonSharesAttributableToEquityForwardSaleAgreements
0 shares
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
755000000 USD
ppl Earnings On Nuclear Decommissioning Trust Funds
EarningsOnNuclearDecommissioningTrustFunds
23000000 USD
CY2013Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
22882000000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2013Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
170000000 USD
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2013Q4 us-gaap Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
337000000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
5000000 USD
CY2014Q3 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
139000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
13000000 USD
ppl Depreciation Not Normalized
DepreciationNotNormalized
-7000000 USD
CY2013Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-5000000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1398000000 USD
CY2014Q3 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
91000000 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
27000000 USD
CY2014Q3 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2014-10-01
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-3000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-20000000 USD
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1970000 shares
CY2014Q3 ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
495000000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
664432000 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
549000 shares
CY2013Q3 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
10000000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1565000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
266000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
1032000000 USD
CY2014Q3 us-gaap Dividends Payable Date Declared Month And Year
DividendsPayableDateDeclaredMonthAndYear
2014-08
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
122000000 USD
CY2014Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
1028000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
12000000 USD
ppl Payments For Contractual Adjustments
PaymentsForContractualAdjustments
21000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-9000000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1279000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-13000000 USD
CY2014Q3 ppl Purchase Contracts
PurchaseContracts
0 shares
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
81000000 USD
ppl Net Change Unbilled Revenues
NetChangeUnbilledRevenues
-197000000 USD
us-gaap Interest Income Other
InterestIncomeOther
2000000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
423000000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
49000000 USD
CY2014Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
15000000 USD
CY2013Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
2000000 USD
CY2014Q3 us-gaap Other Investments
OtherInvestments
36000000 USD
ppl Income Tax Reconciliation Tax Contingencies Domestic And State
IncomeTaxReconciliationTaxContingenciesDomesticAndState
-41000000 USD
CY2014Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1274000000 USD
us-gaap Utility Revenue
UtilityRevenue
5852000000 USD
dei Amendment Flag
AmendmentFlag
false
CY2014Q3 ppl Intermediate And Peaking Fleet Generating Capacity
IntermediateAndPeakingFleetGeneratingCapacity
3309 MW
CY2014Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
961000000 USD
CY2014Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
664653000 shares
CY2014Q3 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
3000000 USD
CY2013Q4 us-gaap Other Investments
OtherInvestments
43000000 USD
CY2013Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
701000000 USD
CY2013Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
24000000 USD
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1253000000 USD
CY2013Q3 us-gaap Unregulated Operating Revenue
UnregulatedOperatingRevenue
263000000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.57
us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
283000000 USD
CY2014Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
18000000 USD
CY2014Q3 us-gaap Common Stock Value
CommonStockValue
7000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
121000000 USD
CY2013Q3 ppl Depreciation Not Normalized
DepreciationNotNormalized
-2000000 USD
CY2013Q3 ppl Income From Continuing Operations After Tax Available To Shareholders
IncomeFromContinuingOperationsAfterTaxAvailableToShareholders
401000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2878000000 USD
us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
6000000 USD
CY2013Q3 us-gaap Interest Expense
InterestExpense
244000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
40000000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
144000000 USD
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
11000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
18000000 USD
ppl Dividends Dividend Equivalents Redemptions And Distributions
DividendsDividendEquivalentsRedemptionsAndDistributions
734000000 USD
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6172000000 USD
CY2014Q3 ppl Dividends Dividend Equivalents Redemptions And Distributions
DividendsDividendEquivalentsRedemptionsAndDistributions
248000000 USD
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.98
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-19000000 USD
us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
913000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2013Q3 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate
-89000000 USD
ppl Proceeds From Sale Of Other Investment
ProceedsFromSaleOfOtherInvestment
6000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2013Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
74000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
61000000 USD
CY2013Q3 ppl Proceeds From Sale Of Other Investment
ProceedsFromSaleOfOtherInvestment
0 USD
CY2013Q4 us-gaap Derivative Assets
DerivativeAssets
299000000 USD
us-gaap Revenues
Revenues
8902000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
231000000 USD
ppl Unrealized Gains Losses On Derivatives And Other Hedging Activities
UnrealizedGainsLossesOnDerivativesAndOtherHedgingActivities
-117000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-9000000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
76000000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-126000000 USD
us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
47000000 USD
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
425000 shares
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
29000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
1000000 USD
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
630321000 shares
CY2014Q3 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
307000000 USD
CY2013Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
3071000000 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2013Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
7000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-7000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1037000000 USD
CY2013Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
90000000 USD
CY2014Q3 ppl Property Plant And Equipment Nuclear Fuel
PropertyPlantAndEquipmentNuclearFuel
624000000 USD
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.65
CY2014Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
48000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
2000000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
846000000 USD
CY2013Q4 ppl Price Risk Management Liabilities Current
PriceRiskManagementLiabilitiesCurrent
829000000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
497000000 USD
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:10pt;font-weight:bold;margin-left:0pt;' >19. New Accounting Guidance Pending Adoption</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >(All Registrants)</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Reporting of Discontinued Operations</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In April 2014, the Financial Accounting Standards Board (FASB) issued accounting guidance that changes the criteria for determining what should be</font><font style='font-family:Times New Roman;font-size:10pt;' > classified as a discontinued operation and also changes the related presentation and disclosure requirements. A discontinued operation may include a component of an entity or a group of components of an entity, or a business activity.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >A disposal of a co</font><font style='font-family:Times New Roman;font-size:10pt;' >mponent of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on the entity&#39;s operations and financial results when any o</font><font style='font-family:Times New Roman;font-size:10pt;' >f the following occurs: (1) The components of an entity or group of components of an entity meets the criteria to be classified as held for sale, (2) The component of an entity or group of components of an entity is disposed of by sale, or (3) The componen</font><font style='font-family:Times New Roman;font-size:10pt;' >t of an entity or group of components of an entity is disposed of other than by sale (for example, by abandonment or in a distribution to owners in a spinoff).</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For public business entities, this guidance should be applied prospectively to all disposals (o</font><font style='font-family:Times New Roman;font-size:10pt;' >r classifications as held for sale) of components of an entity that occur within the annual periods beginning on or after December 15, 2014, and interim periods within those years. Early adoption is permitted.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Registrants are assessing in which perio</font><font style='font-family:Times New Roman;font-size:10pt;' >d they will adopt this new guidance. The new guidance will impact the amounts presented as discontinued operations on the Statements of Income and will enhance the related disclosure requirements.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Accounting for Revenue from Contracts with Customers</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In </font><font style='font-family:Times New Roman;font-size:10pt;' >May 2014, the FASB issued accounting guidance that establishes a comprehensive new model for the recognition of revenue from contracts with customers. This model is based on the core principle that revenue should be recognized to depict the transfer of pr</font><font style='font-family:Times New Roman;font-size:10pt;' >omised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For public business entities, this guidance can be applied using either a full retrospec</font><font style='font-family:Times New Roman;font-size:10pt;' >tive or modified retrospective transition method, beginning in annual reporting periods beginning after December 15, 2016 and interim periods within those years. Early adoption is not permitted. The Registrants will adopt this guidance effective January 1</font><font style='font-family:Times New Roman;font-size:10pt;' >, 2017.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Registrants are currently assessing the impact of adopting this guidance, as well as the transition method they will use. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Reporting Uncertainties about an Entity&#8217;s Ability to Continue as a Going Concern</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In August 2014, the FASB issued accounting guidance which will require management to assess, for each interim and annual period, whether there are conditions or events that raise substantial doubt about an entity&#8217;s ability to continue as a going concern. </font><font style='font-family:Times New Roman;font-size:10pt;' >Substantial doubt about an entity&#8217;s ability to continue as a going concern exists when relevant conditions and events, considered in the aggregate, indicate that it is probable that the entity will be unable to meet its obligations as they become due withi</font><font style='font-family:Times New Roman;font-size:10pt;' >n one year after the date the financial statements are issued. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >When management identifies conditions or events that raise substantial doubt about an entity&#8217;s ability to continue as a going concern, management is required to disclose information that ena</font><font style='font-family:Times New Roman;font-size:10pt;' >bles users of the financial statements to understand the principal conditions or events that raised substantial doubt about the entity&#8217;s ability to continue as a going concern and management&#8217;s evaluation of the significance of those conditions or events. </font><font style='font-family:Times New Roman;font-size:10pt;' >If substantial doubt about the entity&#8217;s ability to continue as a going concern has been alleviated as a result of management&#8217;s plan, the entity should disclose information that allows the users of the financial statements to understand those plans. If the</font><font style='font-family:Times New Roman;font-size:10pt;' > substantial doubt about the entity&#8217;s ability to continue as a going concern is not alleviated by management&#8217;s plans, management&#8217;s plans to mitigate the conditions or events that gave rise to the substantial doubt about the entity&#8217;s ability to continue as </font><font style='font-family:Times New Roman;font-size:10pt;' >a going concern should be disclosed, as well as a statement that there is substantial doubt the entity&#8217;s ability to continue as a going concern within one year after the date the financial statements are issued. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For all entities, this guidance should be</font><font style='font-family:Times New Roman;font-size:10pt;' > applied prospectively within the annual periods ending after December 15, 2016, and for annual periods and interim periods thereafter. Early adoption is permitted.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Registrants are assessing in which period they will adopt this new guidance. </font><font style='font-family:Times New Roman;font-size:10pt;' >The adop</font><font style='font-family:Times New Roman;font-size:10pt;' >tion of this guidance is not expected to have a significant impact on the Registrants. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In November 2014, the FASB iss</font><font style='font-family:Times New Roman;font-size:10pt;' >ued guidance that clarifies how current accounting guidance should be interpreted when evaluating the economic characteristics and risks of a host contract of a hybrid financial instrument issued in the form of a share. This guidance does not change the c</font><font style='font-family:Times New Roman;font-size:10pt;' >urrent criteria for determining whether separation of an embedded derivative feature from a hybrid financial instrument is required. Entities are still required to evaluate whether the economic risks of the embedded derivative feature are clearly and clos</font><font style='font-family:Times New Roman;font-size:10pt;' >ely related to those of the host contract, among other relevant criteria.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >An entity should consider the substantive terms and features of the entire hybrid financial instrument, including the embedded derivative feature being evaluated for bifurcation, in</font><font style='font-family:Times New Roman;font-size:10pt;' > evaluating the nature of the host contract to determine whether the host contract is more akin to a debt instrument or more akin to an equity instrument. An entity should assess the relative strength of the debt-like and equity-like terms and features wh</font><font style='font-family:Times New Roman;font-size:10pt;' >en determining how to weight those terms and features. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For public business entities, this guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015 and should be applied using a modified retr</font><font style='font-family:Times New Roman;font-size:10pt;' >ospective method for existing hybrid financial instruments</font><font style='font-family:Times New Roman;font-size:10pt;' > issued in the form of a share </font><font style='font-family:Times New Roman;font-size:10pt;' >as of the beginning of the fiscal year the guidance is adopted. Early adoption is permitted. Retrospective application is permitted but not required.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Registrant</font><font style='font-family:Times New Roman;font-size:10pt;' >s will adopt this guidance on January 1, 2016. </font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The Registrants are currently assessing this guidance, which is not expected to have a significant impact on the Registrants. </font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div>
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
1198000000 USD
CY2013Q3 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
3000000 USD
CY2013Q3 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
0 shares
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
17000000 USD
CY2013Q3 ppl Dividends Dividend Equivalents Redemptions And Distributions
DividendsDividendEquivalentsRedemptionsAndDistributions
234000000 USD
CY2013Q3 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
86000000 USD
us-gaap Profit Loss
ProfitLoss
1042000000 USD
ppl Earnings On Nuclear Decommissioning Trust Funds
EarningsOnNuclearDecommissioningTrustFunds
14000000 USD
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
2228000 shares
CY2013Q3 us-gaap Profit Loss
ProfitLoss
411000000 USD
CY2014Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
1099000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
37000000 USD
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
64000000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
135000000 USD
us-gaap Revenues
Revenues
7476000000 USD
dei Entity Central Index Key
EntityCentralIndexKey
0000922224
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-3000000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
9000000 USD
us-gaap Other Cost Of Services
OtherCostOfServices
2082000000 USD
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6017000000 USD
CY2013Q3 ppl Stock Based Compensation
StockBasedCompensation
5000000 USD
ppl Regulatory Matters Long Term Infrastructure Improvement Plan Minimum Term
RegulatoryMattersLongTermInfrastructureImprovementPlanMinimumTerm
5
ppl Maximum Percentage Of Long Term Contracts For Electric Generation Supply Service
MaximumPercentageOfLongTermContractsForElectricGenerationSupplyService
0.25 pure
ppl Impact From United States Tax Court Decision On United Kingdom Windfall Profit Tax
ImpactFromUnitedStatesTaxCourtDecisionOnUnitedKingdomWindfallProfitTax
44000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
52000000 USD
ppl Income Tax Reconciliation Foreign Intercompany Interest
IncomeTaxReconciliationForeignIntercompanyInterest
-7000000 USD
ppl Greenhouse Gas Emissions Reduction In Emissions Below2005 Levels Percentage
GreenhouseGasEmissionsReductionInEmissionsBelow2005LevelsPercentage
0.17 pure
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
7000000 USD
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.56
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
74000000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
5000000 USD
CY2014Q3 us-gaap Derivative Assets
DerivativeAssets
128000000 USD
CY2013Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
247000000 USD
CY2014Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4423000000 USD
CY2013Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1246000000 USD
CY2014Q3 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
134000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
87000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
77000000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
490000000 USD
CY2013Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
11000000 USD
CY2014Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
235000000 USD
CY2013Q3 ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
408000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-1000000 USD
ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
IncomeFromContinuingOperationsAfterTaxInterestOnConvertibleDebtNetofTax
37000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-67000000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
662094000 shares
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
21000000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
12466000000 USD
CY2013Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
20592000000 USD
CY2013Q4 ppl Cash Collateral Obligation Under Master Netting Arrangement
CashCollateralObligationUnderMasterNettingArrangement
9000000 USD
us-gaap Employee Stock Ownership Plan Esop Shares Contributed To Esop
EmployeeStockOwnershipPlanESOPSharesContributedToESOP
275000 shares
CY2014Q3 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
2580000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
520000000 USD
us-gaap Unregulated Operating Revenue
UnregulatedOperatingRevenue
909000000 USD
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13735000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-50000000 USD
CY2014Q3 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
5315000000 USD
ppl Income From Continuing Operations After Tax Available To Shareholders
IncomeFromContinuingOperationsAfterTaxAvailableToShareholders
1027000000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
4225000000 USD
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10954000000 USD
CY2013Q3 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
284000000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
531000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-33000000 USD
us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
38000000 USD
CY2014Q3 ppl Dollar Exposure To Top Ten Counterparties
DollarExposureToTopTenCounterparties
190000000 USD
CY2013Q4 us-gaap Assets
Assets
46259000000 USD
CY2014Q3 us-gaap Assets Noncurrent
AssetsNoncurrent
7085000000 USD
CY2013Q3 us-gaap Fuel Costs
FuelCosts
494000000 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1291000000 USD
CY2013Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
114000000 USD
CY2014Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
8281000000 USD
CY2014Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
869000000 USD
ppl Increase Decrease In Unrecognized Tax Positions
IncreaseDecreaseInUnrecognizedTaxPositions
-104000000 USD
ppl Charitable Contributions
CharitableContributions
12000000 USD
us-gaap Interest Income Other
InterestIncomeOther
4000000 USD
CY2013Q3 ppl Income Tax Interest Impact From United States Tax Court Decision On United Kingdom Windfall Profit Tax
IncomeTaxInterestImpactFromUnitedStatesTaxCourtDecisionOnUnitedKingdomWindfallProfitTax
19000000 USD
us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
65000000 USD
ppl Foreign Tax Rate In Effect Prior To Reduction
ForeignTaxRateInEffectPriorToReduction
0.21 pure
ppl Income Tax Reconciliation Income Tax Expense Cash Repatriation
IncomeTaxReconciliationIncomeTaxExpenseCashRepatriation
24000000 USD
CY2014Q3 ppl Other Nonoperating Income Domestic
OtherNonoperatingIncomeDomestic
4000000 USD
CY2014Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
647000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000 USD
us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-4000000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.1175
ppl Purchase Contracts
PurchaseContracts
14080000 shares
CY2014Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
936000000 USD
CY2014Q3 us-gaap Assets Current
AssetsCurrent
5760000000 USD
ppl Other Nonoperating Income Domestic
OtherNonoperatingIncomeDomestic
8000000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1244000000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
947000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
75000000 USD
CY2013Q3 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-117000000 USD
CY2014Q3 us-gaap Inventory Net
InventoryNet
763000000 USD
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1208000000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
457000000 USD
CY2013Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
7000000 USD
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-126000000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
208000000 USD
CY2014Q3 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
24854000000 USD
ppl Initial Time Period Required To Respond To Info Request
InitialTimePeriodRequiredToRespondToInfoRequest
3
CY2013Q3 ppl Charitable Contributions
CharitableContributions
5000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
58000000 USD
CY2014Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
92000000 USD
ppl Maximum Maturity Date Of Economic Activity Instruments
MaximumMaturityDateOfEconomicActivityInstruments
2019
us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
18000000 USD
ppl Regulatory Matters Number Of Issues Assigned To Office Of Administrative Law Judge
RegulatoryMattersNumberOfIssuesAssignedToOfficeOfAdministrativeLawJudge
4
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
74000000 USD
ppl Can Run Plant Class Of Residents Miles Within Plant
CanRunPlantClassOfResidentsMilesWithinPlant
4
CY2014Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
47000000 USD
CY2014Q3 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
2000000 USD
ppl Income Tax Interest Impact From United States Tax Court Decision On United Kingdom Windfall Profit Tax
IncomeTaxInterestImpactFromUnitedStatesTaxCourtDecisionOnUnitedKingdomWindfallProfitTax
19000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
0 USD
CY2014Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
739000000 USD
CY2013Q3 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
3074000000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
973000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1409000000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
5000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
80000000 USD
us-gaap Asset Retirement Obligation Foreign Currency Translation
AssetRetirementObligationForeignCurrencyTranslation
1000000 USD
CY2014Q3 ppl Earnings On Nuclear Decommissioning Trust Funds
EarningsOnNuclearDecommissioningTrustFunds
11000000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
34000000 USD
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1308000000 USD
ppl Income Tax Expense Benefit Recalculation Foreign Earnings And Profits
IncomeTaxExpenseBenefitRecalculationForeignEarningsAndProfits
-19000000 USD
ppl Other Nonoperating Expense Domestic
OtherNonoperatingExpenseDomestic
9000000 USD
CY2013Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
125000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
1000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1000000 USD
CY2014Q3 ppl Maximum Assessment Retroactive Premiums Insured Outage Loss Coverage
MaximumAssessmentRetroactivePremiumsInsuredOutageLossCoverage
46000000 USD
CY2013Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
CY2014Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
105000000 USD
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
6000000 USD
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
38000000 USD
CY2014Q3 ppl Other Nonoperating Expense Domestic
OtherNonoperatingExpenseDomestic
3000000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
973000000 USD
CY2014Q3 us-gaap Utility Revenue
UtilityRevenue
1860000000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5709000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-8000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
10000000 USD
CY2014Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q3 ppl Derivative Net Liability Position Aggregate Fair Value Alternative
DerivativeNetLiabilityPositionAggregateFairValueAlternative
179000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
966000000 USD
ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1
ppl Social Cost Of Carbon Per Metric Ton In2015
SocialCostOfCarbonPerMetricTonIn2015
38
CY2013Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
246000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1162000000 USD
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
CY2014Q3 us-gaap Employee Stock Ownership Plan Esop Shares Contributed To Esop
EmployeeStockOwnershipPlanESOPSharesContributedToESOP
0 shares
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-52000000 USD
CY2014Q3 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate
1000000 USD
CY2014Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
190000000 USD
CY2014Q3 ppl Fair Value Concentration Of Credit Risk After Master Netting Collateral Arrangements
FairValueConcentrationOfCreditRiskAfterMasterNettingCollateralArrangements
319000000 USD
ppl Income Tax Reconciliation Foreign Intercompany Interest
IncomeTaxReconciliationForeignIntercompanyInterest
-6000000 USD
CY2013Q4 ppl Cash Collateral Posted Under Master Netting Arrangements
CashCollateralPostedUnderMasterNettingArrangements
22000000 USD
CY2013Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
315000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0 USD
CY2014Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
757000000 USD
CY2013Q4 ppl Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
342000000 USD
CY2013Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
97000000 USD
CY2013Q3 ppl Unregulated Wholesale Energy
UnregulatedWholesaleEnergy
913000000 USD
ppl Subsequent Frequency Required To Respond To Info Request
SubsequentFrequencyRequiredToRespondToInfoRequest
3
ppl Number Electric Utilities Ordered To Enter Into Long Term Contracts
NumberElectricUtilitiesOrderedToEnterIntoLongTermContracts
3
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2628000000 USD
us-gaap Price Risk Cash Flow Hedge Ineffectiveness Is Immaterial
PriceRiskCashFlowHedgeIneffectivenessIsImmaterial
For the three and nine months ended September 30, 2014 and 2013, hedge ineffectiveness associated with energy derivatives was insignificant.
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
923000000 USD
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2007000000 USD
us-gaap Goodwill Other Changes
GoodwillOtherChanges
82000000 USD
CY2013Q4 us-gaap Long Term Investments
LongTermInvestments
907000000 USD
CY2014Q3 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
25000000 USD
CY2014Q3 ppl Depreciation Not Normalized
DepreciationNotNormalized
-3000000 USD
ppl Charitable Contributions
CharitableContributions
13000000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
61000000 USD
CY2014Q3 ppl Charitable Contributions
CharitableContributions
3000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
87000000 USD
CY2013Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
8289000000 USD
ppl Payment Of Debt Issuance Costs Short And Long Term Facilities
PaymentOfDebtIssuanceCostsShortAndLongTermFacilities
37000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2014Q3 ppl Maximum Amount Payable Per Year Assessed For Nuclear Incident
MaximumAmountPayablePerYearAssessedForNuclearIncident
38000000 USD
CY2013Q4 us-gaap Inventory Net
InventoryNet
702000000 USD
ppl Unregulated Wholesale Energy
UnregulatedWholesaleEnergy
2380000000 USD
CY2014Q3 ppl Cash Collateral Posted Under Master Netting Arrangements
CashCollateralPostedUnderMasterNettingArrangements
20000000 USD
CY2014Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
242000000 USD
ppl Regulatory Matters Long Term Infrastructure Improvement Plan Maximum Term
RegulatoryMattersLongTermInfrastructureImprovementPlanMaximumTerm
10
us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
44000000 USD
ppl Cane Run Plant Number Of Plaintiffs Filed Suit
CaneRunPlantNumberOfPlaintiffsFiledSuit
6
ppl Social Cost Of Carbon Per Metric Ton Prior To2015
SocialCostOfCarbonPerMetricTonPriorTo2015
23.8
CY2013Q3 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-93000000 USD
ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1
ppl Coal Combustion Residual Intent To Sue Number Of Companies
CoalCombustionResidualIntentToSueNumberOfCompanies
2
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.04
CY2013Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
835000000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
532000000 USD
CY2013Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
-46000000 USD
ppl Loss Contingency Civil Penalty Amount Used For Beneficial Projects
LossContingencyCivilPenaltyAmountUsedForBeneficialProjects
100000 USD
CY2014Q3 ppl Renewable Energy Legislation Program Funding Total
RenewableEnergyLegislationProgramFundingTotal
25000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-48000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2788000000 USD
CY2013Q3 ppl Equity Investees Other Comprehensive Income Loss Reclassified To Net Income
EquityInvesteesOtherComprehensiveIncomeLossReclassifiedToNetIncome
1000000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-93000000 USD
ppl Cane Run Plant Number Of Unresolved Clean Air Act Violations
CaneRunPlantNumberOfUnresolvedCleanAirActViolations
1
CY2014Q3 ppl Maximum Amount Assessed For Nuclear Incident
MaximumAmountAssessedForNuclearIncident
255000000 USD
ppl Loss Contigency Number Of Plants With Claims Dismissed
LossContigencyNumberOfPlantsWithClaimsDismissed
3
CY2014Q3 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
26000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2014Q3 ppl Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
161000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
13000000 USD
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2013Q3 ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
IncomeFromContinuingOperationsAfterTaxInterestOnConvertibleDebtNetofTax
7000000 USD
ppl Proceeds From Receipt Of Grants
ProceedsFromReceiptOfGrants
5000000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
457000000 USD
CY2014Q3 ppl Income Tax Reconciliation Income Tax Expense Cash Repatriation
IncomeTaxReconciliationIncomeTaxExpenseCashRepatriation
19000000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1940000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
264000000 USD
CY2014Q3 ppl Cash Collateral Obligation Under Master Netting Arrangement
CashCollateralObligationUnderMasterNettingArrangement
10000000 USD
ppl Number Of Indirect Subsidiaries Cited Greenhouse Gas Case
NumberOfIndirectSubsidiariesCitedGreenhouseGasCase
3
CY2013Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
28000000 USD
us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
5187000000 USD
us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
8000000 USD
ppl Equity Investees Other Comprehensive Income Loss Reclassified To Net Income
EquityInvesteesOtherComprehensiveIncomeLossReclassifiedToNetIncome
1000000 USD
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2128000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1169000000 USD
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
1889000000 USD
CY2013Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
705000000 USD
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
3000000 USD
CY2013Q4 ppl Property Plant And Equipment Generation Or Processing
PropertyPlantAndEquipmentGenerationOrProcessing
11881000000 USD
ppl Mercury And Air Toxics Number States Requesting Review
MercuryAndAirToxicsNumberStatesRequestingReview
23
CY2014Q3 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
425000 shares
ppl Number Of Electric Utility Companies That Could Be Sued Under Federal Common Law
NumberOfElectricUtilityCompaniesThatCouldBeSuedUnderFederalCommonLaw
5
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
26000000 USD
CY2013Q3 ppl Other Nonoperating Income Domestic
OtherNonoperatingIncomeDomestic
0 USD
CY2014Q3 ppl Maximum Amount For Public Liability Claims For Nuclear Incident
MaximumAmountForPublicLiabilityClaimsForNuclearIncident
13600000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
296000000 USD
ppl Foreign Tax Rate In Effect Prior To Reduction
ForeignTaxRateInEffectPriorToReduction
0.23 pure
CY2013Q3 ppl Income Tax Reconciliation Income Tax Expense Cash Repatriation
IncomeTaxReconciliationIncomeTaxExpenseCashRepatriation
10000000 USD
CY2013Q4 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
942000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2013Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
93000000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
71000000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1102000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
2000000 USD
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
37000000 USD
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-11000000 USD
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
14000000 USD
CY2014Q3 ppl Percentage Of Counterparties In Top Ten With Investment Grade Rating
PercentageOfCounterpartiesInTopTenWithInvestmentGradeRating
0.87 pure
ppl Maximum Duration Of Long Term Procurement Contracts
MaximumDurationOfLongTermProcurementContracts
20
ppl Loss Contingency Civil Penalty Amount Per Day Per Violation
LossContingencyCivilPenaltyAmountPerDayPerViolation
36000 USD
ppl Maximum Depreciable Life For New Smart Meter Technology In New Construction
MaximumDepreciableLifeForNewSmartMeterTechnologyInNewConstruction
15
ppl Maximum Per Day Penalty Federal Energy Regulatory Commission May Assess Under Reliability Standards
MaximumPerDayPenaltyFederalEnergyRegulatoryCommissionMayAssessUnderReliabilityStandards
1000000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
34000000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.1025
us-gaap Income Tax Reconciliation Tax Contingencies Domestic
IncomeTaxReconciliationTaxContingenciesDomestic
39000000 USD
ppl Statutory Period After Order For Compliance With Mercury And Air Toxics Standards
StatutoryPeriodAfterOrderForComplianceWithMercuryAndAirToxicsStandards
3
CY2014Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-55000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
419000000 USD
CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000 USD
CY2013Q3 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-4000000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
5153000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
45000000 USD
CY2014Q3 ppl Percentage Exposure To Top Ten Counterparties
PercentageExposureToTopTenCounterparties
0.59 pure
ppl Equity Investees Other Comprehensive Income Loss Reclassified To Net Income
EquityInvesteesOtherComprehensiveIncomeLossReclassifiedToNetIncome
0 USD
CY2013Q3 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
2000000 USD
ppl Energy Purchases
EnergyPurchases
1663000000 USD
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2014Q3 ppl Loss Contingency Pending Claims Not Accrued Number
LossContingencyPendingClaimsNotAccruedNumber
39
CY2013Q3 ppl Energy Purchases
EnergyPurchases
555000000 USD
ppl Loss Contigency Number Of Plants Included In Second Complaint
LossContigencyNumberOfPlantsIncludedInSecondComplaint
8
CY2014Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
198000000 USD
CY2014Q3 ppl Stock Based Compensation
StockBasedCompensation
9000000 USD
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.86
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
649561000 shares
CY2014Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
240000000 USD
ppl Energy Purchases
EnergyPurchases
-284000000 USD
CY2014Q3 ppl Concentration Risk Credit Risk Fin Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinInstrumentMaximumExposure
649000000 USD
ppl Amount For Claims Remaining Against Company For Spot Market Bilateral Sales
AmountForClaimsRemainingAgainstCompanyForSpotMarketBilateralSales
50000000 USD
ppl Number Companies Cited Greenhouse Gas Case
NumberCompaniesCitedGreenhouseGasCase
87
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
14000000 USD
ppl Minimum Duration Of Long Term Procurement Contracts
MinimumDurationOfLongTermProcurementContracts
4
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
60000000 USD
ppl Unregulated Wholesale Energy
UnregulatedWholesaleEnergy
203000000 USD
CY2014Q3 ppl Number Of Counterparties In Top Ten With Investment Grade Rating
NumberOfCounterpartiesInTopTenWithInvestmentGradeRating
8
CY2014Q3 ppl Unregulated Wholesale Energy
UnregulatedWholesaleEnergy
1109000000 USD
CY2014Q3 ppl Energy Purchases
EnergyPurchases
859000000 USD
ppl Income Tax Reconciliation Income Tax Expense Cash Repatriation
IncomeTaxReconciliationIncomeTaxExpenseCashRepatriation
40000000 USD
CY2013Q3 ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1
us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
23000000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1000000 USD
ppl Renewable Energy Legislation New Jersey Energy Portfolio Proposed Standard
RenewableEnergyLegislationNewJerseyEnergyPortfolioProposedStandard
0.3 pure
CY2014Q3 ppl Maximum Amount Of Insured Property Damages Losses Coverage Nuclear Plant
MaximumAmountOfInsuredPropertyDamagesLossesCoverageNuclearPlant
2000000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
8000000 USD
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
664653000 shares
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
6000000 USD
ppl Proceeds From Receipt Of Grants
ProceedsFromReceiptOfGrants
164000000 USD
CY2014Q3 ppl Smart Meter Replacement Project Projected Costs
SmartMeterReplacementProjectProjectedCosts
450000000 USD
ppl Foreign Tax Rate Reduction Approved Current Year For Future Year1
ForeignTaxRateReductionApprovedCurrentYearForFutureYear1
0.2 pure
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
-74000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.02
CY2013Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3675
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2013Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
153000000 USD
ppl Statutory Period After Order For Extension With Mercury And Air Toxics Standards
StatutoryPeriodAfterOrderForExtensionWithMercuryAndAirToxicsStandards
1
CY2013Q3 ppl Income Tax Reconciliation Foreign Intercompany Interest
IncomeTaxReconciliationForeignIntercompanyInterest
-2000000 USD
ppl Environmental Matters Administrative Order On Consent Period To Provide Assurance
EnvironmentalMattersAdministrativeOrderOnConsentPeriodToProvideAssurance
5
ppl Payment Of Debt Issuance Costs Short And Long Term Facilities
PaymentOfDebtIssuanceCostsShortAndLongTermFacilities
21000000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
404000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2974000000 USD
ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
IncomeFromContinuingOperationsAfterTaxAvailabletoShareholdersDiluted
1036000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1000000 USD
us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
2000000 USD
ppl Ratemaking Mechanisms Authorized For Approval
RatemakingMechanismsAuthorizedForApproval
2
ppl Capacity Of Natural Gas Fired Combined Cycle Generating Facility
CapacityOfNaturalGasFiredCombinedCycleGeneratingFacility
661 MW
CY2014Q3 ppl Income Tax Reconciliation Foreign Intercompany Interest
IncomeTaxReconciliationForeignIntercompanyInterest
-2000000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
83000000 USD
ppl Price Risk Cash Flow Hedge Gain Loss Reclassified To Earnings Net Text
PriceRiskCashFlowHedgeGainLossReclassifiedToEarningsNetText
There were no such reclassifications for the three and nine months ended September 30, 2014 and 2013.
CY2014Q3 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
9000000 USD
CY2013Q3 ppl Impact From United States Tax Court Decision On United Kingdom Windfall Profit Tax
ImpactFromUnitedStatesTaxCourtDecisionOnUnitedKingdomWindfallProfitTax
44000000 USD
ppl Forward Sale Agreements Cash Settlement
ForwardSaleAgreementsCashSettlement
-13000000 USD
ppl Loss Contingency Settlement Value
LossContingencySettlementValue
75000 USD
CY2014Q3 ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.05
CY2013Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
33000000 USD
us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
45000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2223000000 USD
CY2014Q3 ppl Equity Investees Other Comprehensive Income Loss Reclassified To Net Income
EquityInvesteesOtherComprehensiveIncomeLossReclassifiedToNetIncome
0 USD
ppl Number Phases Cross State Air Pollution Rule Be Implemented
NumberPhasesCrossStateAirPollutionRuleBeImplemented
2
ppl Loss Contingency Estimated Number Of Projects Alleged Not In Compliance
LossContingencyEstimatedNumberOfProjectsAllegedNotInCompliance
40
ppl Number Of Approaches Proposed By Environmental Protection Agency To Regulate Coal Combustion Residuals June2010
NumberOfApproachesProposedByEnvironmentalProtectionAgencyToRegulateCoalCombustionResidualsJune2010
2
CY2013Q3 ppl Purchase Contracts
PurchaseContracts
32134000 shares

Files In Submission

Name View Source Status
0000922224-14-000132-index-headers.html Edgar Link pending
0000922224-14-000132-index.html Edgar Link pending
0000922224-14-000132.txt Edgar Link pending
0000922224-14-000132-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10q-exhibit10a.htm Edgar Link pending
form10q-exhibit10b.htm Edgar Link pending
form10q-exhibit12a.htm Edgar Link pending
form10q-exhibit12b.htm Edgar Link pending
form10q-exhibit12c.htm Edgar Link pending
form10q-exhibit12d.htm Edgar Link pending
form10q-exhibit12e.htm Edgar Link pending
form10q-exhibit12f.htm Edgar Link pending
form10q-exhibit31a.htm Edgar Link pending
form10q-exhibit31b.htm Edgar Link pending
form10q-exhibit31c.htm Edgar Link pending
form10q-exhibit31d.htm Edgar Link pending
form10q-exhibit31e.htm Edgar Link pending
form10q-exhibit31f.htm Edgar Link pending
form10q-exhibit31g.htm Edgar Link pending
form10q-exhibit31h.htm Edgar Link pending
form10q-exhibit31i.htm Edgar Link pending
form10q-exhibit31j.htm Edgar Link pending
form10q-exhibit31k.htm Edgar Link pending
form10q-exhibit31l.htm Edgar Link pending
form10q-exhibit32a.htm Edgar Link pending
form10q-exhibit32b.htm Edgar Link pending
form10q-exhibit32c.htm Edgar Link pending
form10q-exhibit32d.htm Edgar Link pending
form10q-exhibit32e.htm Edgar Link pending
form10q-exhibit32f.htm Edgar Link pending
form10q-exhibit4a.htm Edgar Link pending
form10q-exhibit4b.htm Edgar Link pending
form10q-exhibit4c.htm Edgar Link pending
form10q.htm Edgar Link pending
ppl-20140930.xml Edgar Link completed
ppl-20140930.xsd Edgar Link pending
ppl-20140930_cal.xml Edgar Link unprocessable
ppl-20140930_def.xml Edgar Link unprocessable
ppl-20140930_lab.xml Edgar Link unprocessable
ppl-20140930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending