$PPL
PPL Corp

2015 Q1 Form 10-Q Financial Statement

#000092222415000044 Filed on May 07, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $2.230B $2.178B
YoY Change 2.39% -11.36%
Cost Of Revenue $342.0M -$1.356B
YoY Change -125.22% -857.54%
Gross Profit $1.888B $2.550B
YoY Change -25.96% 11.94%
Gross Profit Margin 84.66% 117.08%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $216.0M $365.0M
YoY Change -40.82% 4.89%
% of Gross Profit 11.44% 14.31%
Operating Expenses $998.0M $1.827B
YoY Change -45.37% 15.27%
Operating Profit $890.0M $801.0M
YoY Change 11.11% 17.97%
Interest Expense $209.0M $262.0M
YoY Change -20.23% 4.38%
% of Operating Profit 23.48% 32.71%
Other Income/Expense, Net $88.00M -$23.00M
YoY Change -482.61% -118.85%
Pretax Income $769.0M $438.0M
YoY Change 75.57% -22.34%
Income Tax $217.0M $114.0M
% Of Pretax Income 28.22% 26.03%
Net Earnings $647.0M $316.0M
YoY Change 104.75% -23.49%
Net Earnings / Revenue 29.01% 14.51%
Basic Earnings Per Share $0.97 $0.50
Diluted Earnings Per Share $0.96 $0.49
COMMON SHARES
Basic Shares Outstanding 667.0M shares 630.7M shares
Diluted Shares Outstanding 668.7M shares 663.9M shares

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.470B $1.256B
YoY Change 17.04% 47.25%
Cash & Equivalents $1.114B $1.256B
Short-Term Investments $135.0M
Other Short-Term Assets $35.00M $45.00M
YoY Change -22.22% -52.63%
Inventory $687.0M $607.0M
Prepaid Expenses $168.0M $224.0M
Receivables $1.104B $1.108B
Other Receivables $127.0M $103.0M
Total Short-Term Assets $5.699B $6.094B
YoY Change -6.48% 22.15%
LONG-TERM ASSETS
Property, Plant & Equipment $34.96B $33.77B
YoY Change 3.51% 12.67%
Goodwill $3.964B $4.298B
YoY Change -7.77% 7.58%
Intangibles $920.0M $943.0M
YoY Change -2.44% 3.63%
Long-Term Investments $34.00M $39.00M
YoY Change -12.82% -18.75%
Other Assets $333.0M $357.0M
YoY Change -6.72% -40.3%
Total Long-Term Assets $7.264B $7.187B
YoY Change 1.07% -5.0%
TOTAL ASSETS
Total Short-Term Assets $5.699B $6.094B
Total Long-Term Assets $7.264B $7.187B
Total Assets $48.92B $47.97B
YoY Change 1.98% 10.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.128B $1.345B
YoY Change -16.13% 25.58%
Accrued Expenses $345.0M $358.0M
YoY Change -3.63% 1.7%
Deferred Revenue
YoY Change
Short-Term Debt $1.595B $1.579B
YoY Change 1.01% 48.82%
Long-Term Debt Due $1.535B $304.0M
YoY Change 404.93% -59.52%
Total Short-Term Liabilities $7.217B $6.376B
YoY Change 13.19% 12.85%
LONG-TERM LIABILITIES
Long-Term Debt $18.77B $20.51B
YoY Change -8.49% 8.65%
Other Long-Term Liabilities $596.0M $642.0M
YoY Change -7.17% -3.6%
Total Long-Term Liabilities $8.896B $8.366B
YoY Change 6.34% 1.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.217B $6.376B
Total Long-Term Liabilities $8.896B $8.366B
Total Liabilities $16.11B $14.74B
YoY Change 9.3% 5.92%
SHAREHOLDERS EQUITY
Retained Earnings $6.860B $5.788B
YoY Change 18.52% 1.97%
Common Stock $9.487B $8.358B
YoY Change 13.51% 19.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.04B $12.72B
YoY Change
Total Liabilities & Shareholders Equity $48.92B $47.97B
YoY Change 1.98% 10.69%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income $647.0M $316.0M
YoY Change 104.75% -23.49%
Depreciation, Depletion And Amortization $216.0M $365.0M
YoY Change -40.82% 4.89%
Cash From Operating Activities $673.0M $931.0M
YoY Change -27.71% 281.56%
INVESTING ACTIVITIES
Capital Expenditures $833.0M $892.0M
YoY Change -6.61% 7.73%
Acquisitions
YoY Change
Other Investing Activities $2.000M -$8.000M
YoY Change -125.0% -150.0%
Cash From Investing Activities -$990.0M -$1.183B
YoY Change -16.31% 31.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $35.00M $15.00M
YoY Change 133.33% -25.0%
Debt Paid & Issued, Net $0.00 $239.0M
YoY Change -100.0% 2887.5%
Cash From Financing Activities -$97.00M $392.0M
YoY Change -124.74% -36.88%
NET CHANGE
Cash From Operating Activities $673.0M $931.0M
Cash From Investing Activities -$990.0M -$1.183B
Cash From Financing Activities -$97.00M $392.0M
Net Change In Cash -$414.0M $140.0M
YoY Change -395.71% -511.76%
FREE CASH FLOW
Cash From Operating Activities $673.0M $931.0M
Capital Expenditures $833.0M $892.0M
Free Cash Flow -$160.0M $39.00M
YoY Change -510.26% -106.68%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q1 dei Amendment Flag
AmendmentFlag
false
CY2015Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
34959000000 USD
CY2015Q1 us-gaap Assets Current
AssetsCurrent
5699000000 USD
CY2014Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
992000000 USD
CY2014Q1 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
334000000 USD
CY2015Q1 us-gaap Interest Payable Current
InterestPayableCurrent
345000000 USD
CY2015Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
780000000 shares
CY2014Q1 ppl Net Change Unbilled Revenues
NetChangeUnbilledRevenues
33000000 USD
CY2014Q4 ppl Property Plant And Equipment Nuclear Fuel
PropertyPlantAndEquipmentNuclearFuel
624000000 USD
CY2015Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1556000000 USD
CY2014Q4 ppl Price Risk Management Liabilities
PriceRiskManagementLiabilities
252000000 USD
CY2015Q1 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
23000000 USD
CY2015Q1 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
70000000 USD
CY2015Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
34597000000 USD
CY2015Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4000000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
93000000 USD
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
14036000000 USD
CY2014Q4 us-gaap Other Investments
OtherInvestments
35000000 USD
CY2015Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
57000000 USD
CY2015Q1 us-gaap Pension Contributions
PensionContributions
271000000 USD
CY2015Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1104000000 USD
CY2015Q1 ppl Net Change Unbilled Revenues
NetChangeUnbilledRevenues
-111000000 USD
CY2014Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
249000000 USD
CY2015Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
9480000000 USD
CY2014Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1076000000 USD
CY2014Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
234000000 USD
CY2014Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-7000000 USD
CY2015Q1 us-gaap Assets
Assets
48921000000 USD
CY2014Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
761000000 USD
CY2015Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
35000000 USD
CY2015Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000922224
CY2015Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
1128000000 USD
CY2015Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
190000000 USD
CY2015Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
20000000 USD
CY2015Q1 us-gaap Common Stock Value
CommonStockValue
7000000 USD
CY2014Q1 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
126000000 USD
CY2015Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
1535000000 USD
CY2015Q1 ppl Dollar Exposure To Top Ten Counterparties
DollarExposureToTopTenCounterparties
220000000 USD
CY2015Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
43000000 USD
CY2015Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1000000 USD
CY2015Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
133000000 USD
CY2015Q1 ppl Maximum Maturity Date Of Economic Activity Instruments
MaximumMaturityDateOfEconomicActivityInstruments
2020
CY2015Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2015-04-01
CY2015Q1 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1610000000 USD
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
11000000 USD
CY2014Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
1756000000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
18856000000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
589000000 USD
CY2015Q1 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
1119000000 USD
CY2014Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
60000000 USD
CY2014Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
21000000 USD
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
70000000 USD
CY2015Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
18772000000 USD
CY2015Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
47000000 USD
CY2015Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-139000000 USD
CY2015Q1 us-gaap Decommissioning Fund Investments
DecommissioningFundInvestments
965000000 USD
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
667713000 shares
CY2015Q1 us-gaap Asset Retirement Obligation Foreign Currency Translation
AssetRetirementObligationForeignCurrencyTranslation
-1000000 USD
CY2015Q1 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;' >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 May 2014, the FASB issued accounting guidance that establishes a comprehensive new model for the recognition of revenue from </font><font style='font-family:Times New Roman;font-size:10pt;' >contracts with customers. This model is based on the core principle that revenue should be recognized to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled</font><font style='font-family:Times New Roman;font-size:10pt;' > 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 retrospective or modified retrospective transition method, beginning in annual reporting periods beginning after December 15, 2016 and</font><font style='font-family:Times New Roman;font-size:10pt;' > interim periods within those years. Early adoption is not permitted. The Registrants will adopt this guidance effective January 1, 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 </font><font style='font-family:Times New Roman;font-size:10pt;' >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</font><font style='font-family:Times New Roman;font-size:10pt;' > events that raise substantial doubt about an entity&#8217;s ability to continue as a going concern. 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 tha</font><font style='font-family:Times New Roman;font-size:10pt;' >t it is probable that the entity will be unable to meet its obligations as they become due 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;' >When management identifies conditions or events that raise substantial doubt about an entity&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > ability to continue as a going concern, management is required to disclose information that enables 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 </font><font style='font-family:Times New Roman;font-size:10pt;' >a going concern and management&#8217;s evaluation of the significance of those conditions or events. 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 </font><font style='font-family:Times New Roman;font-size:10pt;' >information that allows the users of the financial statements to understand those plans. If the 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 conditi</font><font style='font-family:Times New Roman;font-size:10pt;' >ons or events that gave rise to the substantial doubt about the entity&#8217;s ability to continue as 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 </font><font style='font-family:Times New Roman;font-size:10pt;' >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 applied prospectively within the annual periods ending after December 15, 2016, and for annual periods and interim periods thereafter. Early adoption is permi</font><font style='font-family:Times New Roman;font-size:10pt;' >tted.</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 will adopt this guidance for the annual period ending December 31, 2016. The adoption 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 </font><font style='font-family:Arial;font-size:10pt;text-decoration:underline;' >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 issued guidance that clarifies how current accounting guidance should be interpreted when evaluating the economic characteristics and risks of a host con</font><font style='font-family:Times New Roman;font-size:10pt;' >tract of a hybrid financial instrument issued in the form of a share. This guidance does not change the current criteria for determining whether separation of an embedded derivative feature from a hybrid financial instrument is required. Entities are sti</font><font style='font-family:Times New Roman;font-size:10pt;' >ll required to evaluate whether the economic risks of the embedded derivative feature are clearly and closely 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 </font><font style='font-family:Times New Roman;font-size:10pt;' >hybrid financial instrument, including the embedded derivative feature being evaluated for bifurcation, in 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 instrum</font><font style='font-family:Times New Roman;font-size:10pt;' >ent. An entity should assess the relative strength of the debt-like and equity-like terms and features when 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 period</font><font style='font-family:Times New Roman;font-size:10pt;' >s within those fiscal years, beginning after December 15, 2015 and should be applied using a modified retrospective 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 adopte</font><font style='font-family:Times New Roman;font-size:10pt;' >d. 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 Registrants will adopt this guidance on January 1, 2016. </font><font style='font-family:Times New Roman;font-size:10pt;' > The adoption of this guidance</font><font style='font-family:Times New Roman;font-size:10pt;' > 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;' >Income Statement Presentation of Extraordinary and Unusual Items</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 January 2015, the FASB issued accounting guidance that eliminates the concept of extraordinary items, which requires an entity to separately classify, present in the income statement and </font><font style='font-family:Times New Roman;font-size:10pt;' >disclose material events and transactions that are both unusual and occur infrequently. The requirement to report material events or transactions that are unusual or infrequent as a separate component of income from continuing operations has been retained</font><font style='font-family:Times New Roman;font-size:10pt;' >, as has the requirement to separately present the nature and financial effects of each event or transaction in the income statement as a separate component of continuing operations or disclose them within the notes to the financial statements. The scope </font><font style='font-family:Times New Roman;font-size:10pt;' >of these requirements has been expanded to include items that are both unusual and occur infrequently.</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 is effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Early a</font><font style='font-family:Times New Roman;font-size:10pt;' >doption is permitted provided that an entity applies the guidance from the beginning of the fiscal year of adoption. The guidance may be applied either retrospectively or prospectively.</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 will adopt this guidance on January 1, 2016. The ad</font><font style='font-family:Times New Roman;font-size:10pt;' >option of this guidance is not expected to have a significant impact on the Registrants.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='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;' >Simplifying the Presentation of Debt Issuance Costs</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 2015, the FASB issued accounting guidance to simplify the presentation of debt issuance costs by requi</font><font style='font-family:Times New Roman;font-size:10pt;' >ring debt issuance costs to be presented on the balance sheet as a direct deduction from the carrying amount of the associated debt liability, consistent with the presentation of debt discounts. </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 app</font><font style='font-family:Times New Roman;font-size:10pt;' >lied retrospectively for financial statements issued for fiscal years beginning after December 15, 2015 and interim periods within those fiscal 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 period they will adopt this new gui</font><font style='font-family:Times New Roman;font-size:10pt;' >dance. The adoption of this guidance will require the Registrants to reclassify debt issuance costs from assets to long-term debt, and 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><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div>
CY2015Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
771000000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
27000000 USD
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2311000000 USD
CY2014Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
79000000 USD
CY2015Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
920000000 USD
CY2015Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
249000000 USD
CY2014Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-26000000 USD
CY2015Q1 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
1457000000 USD
CY2015Q1 ppl Price Risk Management Liabilities Current
PriceRiskManagementLiabilitiesCurrent
1073000000 USD
CY2015Q1 us-gaap Long Term Investments
LongTermInvestments
999000000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-10000000 USD
CY2015Q1 us-gaap Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
437000000 USD
CY2015Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
241000000 USD
CY2014Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
32000000 USD
CY2014Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
91000000 USD
CY2015Q1 ppl Price Risk Management Liabilities
PriceRiskManagementLiabilities
333000000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
48864000000 USD
CY2015Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
621000000 USD
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
1466000000 USD
CY2014Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
10000000 USD
CY2015Q1 ppl Common Stock Dividends Per Share Declared As Per Annum Equivalent
CommonStockDividendsPerShareDeclaredAsPerAnnumEquivalent
1.49
CY2015Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
3085000000 USD
CY2015Q1 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
109000000 USD
CY2015Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
155000000 USD
CY2015Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
596000000 USD
CY2015Q1 ppl Smart Meter Replacement Project Projected Costs
SmartMeterReplacementProjectProjectedCosts
450000000 USD
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
11000000 USD
CY2014Q4 us-gaap Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
319000000 USD
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
48921000000 USD
CY2015Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
909000000 USD
CY2015Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-14000000 USD
CY2015Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2015Q1 ppl Number Of Counterparties In Top Ten With Investment Grade Rating
NumberOfCounterpartiesInTopTenWithInvestmentGradeRating
8
CY2015Q1 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
140000000 USD
CY2015Q1 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
10000000 USD
CY2015Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
8896000000 USD
CY2014Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
7123000000 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
15000000 USD
CY2015Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
1095000000 USD
CY2015Q1 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
5413000000 USD
CY2015Q1 ppl Proceeds From Receipt Of Grants
ProceedsFromReceiptOfGrants
0 USD
CY2015Q1 dei Entity Registrant Name
EntityRegistrantName
PPL Corp
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
7443000000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
1125000000 USD
CY2014Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
878000000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
892000000 USD
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
229000000 USD
CY2015Q1 ppl Derivative Net Liability Position Aggregate Fair Value Alternative
DerivativeNetLiabilityPositionAggregateFairValueAlternative
241000000 USD
CY2015Q1 ppl Property Plant And Equipment Generation Or Processing
PropertyPlantAndEquipmentGenerationOrProcessing
11309000000 USD
CY2014Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
230000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4450000000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
154000000 USD
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
665849000 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
780000000 shares
CY2014Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-5000000 USD
CY2015Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
274000000 USD
CY2015Q1 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2014Q4 ppl Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
6415000000 USD
CY2015Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6516000000 USD
CY2015Q1 ppl Baseload Generation Fleet Generating Capacity
BaseloadGenerationFleetGeneratingCapacity
6496 MW
CY2014Q1 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
65000000 USD
CY2015Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3725
CY2015Q1 us-gaap Other Investments
OtherInvestments
34000000 USD
CY2015Q1 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
25439000000 USD
CY2014Q1 ppl Depreciation From Continuing And Discontinued Operations
DepreciationFromContinuingAndDiscontinuedOperations
305000000 USD
CY2014Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
16000000 USD
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
74000000 USD
CY2015Q1 ppl Unrealized Gains Losses On Derivatives And Other Hedging Activities
UnrealizedGainsLossesOnDerivativesAndOtherHedgingActivities
90000000 USD
CY2015Q1 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2015Q1 dei Document Period End Date
DocumentPeriodEndDate
2015-03-31
CY2014Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-8000000 USD
CY2015Q1 dei Document Type
DocumentType
10-Q
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
7000000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
30568000000 USD
CY2015Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
13000000 USD
CY2015Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
168000000 USD
CY2015Q1 ppl Property Plant And Equipment Nuclear Fuel
PropertyPlantAndEquipmentNuclearFuel
749000000 USD
CY2015Q1 us-gaap Inventory Net
InventoryNet
687000000 USD
CY2015Q1 ppl Maximum Aggregate Coverage Bodily Injury And Property Damage
MaximumAggregateCoverageBodilyInjuryAndPropertyDamage
225000000 USD
CY2015Q1 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
44000000 USD
CY2015Q1 ppl Depreciation From Continuing And Discontinued Operations
DepreciationFromContinuingAndDiscontinuedOperations
293000000 USD
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
67000000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
5361000000 USD
CY2014Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
185000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
885000000 USD
CY2015Q1 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
1000000 USD
CY2015Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q1 ppl Energy Purchases
EnergyPurchases
321000000 USD
CY2015Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2000000 USD
CY2015Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
1095000000 USD
CY2015Q1 ppl Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
6435000000 USD
CY2015Q1 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
37000000 USD
CY2014Q4 ppl Property Plant And Equipment Generation Or Processing
PropertyPlantAndEquipmentGenerationOrProcessing
11310000000 USD
CY2015Q1 us-gaap Other Assets Current
OtherAssetsCurrent
35000000 USD
CY2015Q1 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
987000000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
312000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
13628000000 USD
CY2015Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
667713000 shares
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1477000000 USD
CY2015Q1 ppl Intermediate And Peaking Fleet Generating Capacity
IntermediateAndPeakingFleetGeneratingCapacity
3252 MW
CY2014Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
14000000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
38000000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1102000000 USD
CY2015Q1 us-gaap Liabilities Current
LiabilitiesCurrent
7217000000 USD
CY2014Q4 us-gaap Long Term Investments
LongTermInvestments
985000000 USD
CY2015Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
333000000 USD
CY2015Q1 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
739000000 USD
CY2015Q1 us-gaap Price Risk Cash Flow Hedge Unrealized Gain Loss To Be Reclassified During Next12 Months
PriceRiskCashFlowHedgeUnrealizedGainLossToBeReclassifiedDuringNext12Months
18000000 USD
CY2014Q1 us-gaap Pension Contributions
PensionContributions
135000000 USD
CY2014Q4 ppl Price Risk Management Liabilities Current
PriceRiskManagementLiabilitiesCurrent
1126000000 USD
CY2015Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-38000000 USD
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6860000000 USD
CY2014Q4 us-gaap Assets
Assets
48864000000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3000000 USD
CY2014Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
174000000 USD
CY2014Q1 ppl Earnings On Nuclear Decommissioning Trust Funds
EarningsOnNuclearDecommissioningTrustFunds
6000000 USD
CY2015Q1 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-62000000 USD
CY2015Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
239000000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
76000000 USD
CY2015Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015Q1 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
127000000 USD
CY2015Q1 ppl Percentage Of Counterparties In Top Ten With Investment Grade Rating
PercentageOfCounterpartiesInTopTenWithInvestmentGradeRating
0.75 pure
CY2015Q1 ppl Percentage Exposure To Top Ten Counterparties
PercentageExposureToTopTenCounterparties
0.55 pure
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
6000000 USD
CY2015Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
11000000 USD
CY2014Q4 us-gaap Decommissioning Fund Investments
DecommissioningFundInvestments
950000000 USD
CY2015Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3725
CY2015Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4627000000 USD
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1535000000 USD
CY2015Q1 ppl Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
157000000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6404000000 USD
CY2015Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
250000000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
925000000 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
836000000 USD
CY2014Q1 ppl Unrealized Gains Losses On Derivatives And Other Hedging Activities
UnrealizedGainsLossesOnDerivativesAndOtherHedgingActivities
-241000000 USD
CY2014Q1 ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
IncomeFromContinuingOperationsAfterTaxAvailabletoShareholdersDiluted
331000000 USD
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-23000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-6000000 USD
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2015Q1 ppl Maximum Depreciable Life For New Smart Meter Technology In New Construction
MaximumDepreciableLifeForNewSmartMeterTechnologyInNewConstruction
15
CY2014Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
37000000 USD
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
665849000 shares
CY2015Q1 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
0 USD
CY2015Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
47000000 USD
CY2014Q4 us-gaap Interest Payable Current
InterestPayableCurrent
314000000 USD
CY2015Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
124000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
129000000 USD
CY2015Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
7264000000 USD
CY2015Q1 us-gaap Dividends Payable Date Declared Month And Year
DividendsPayableDateDeclaredMonthAndYear
2015-02
CY2014Q4 us-gaap Goodwill
Goodwill
4005000000 USD
CY2014Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
171000000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1565000000 USD
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
9433000000 USD
CY2015Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1000000 USD
CY2015Q1 ppl Number Companies Cited Greenhouse Gas Case
NumberCompaniesCitedGreenhouseGasCase
87
CY2014Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
46000000 USD
CY2015Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
320000000 USD
CY2015Q1 ppl Amount For Claims Remaining Against Company For Spot Market Bilateral Sales
AmountForClaimsRemainingAgainstCompanyForSpotMarketBilateralSales
50000000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
1125000000 USD
CY2015Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1406000000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2274000000 USD
CY2015Q1 ppl Fair Value Concentration Of Credit Risk After Master Netting Collateral Arrangements
FairValueConcentrationOfCreditRiskAfterMasterNettingCollateralArrangements
402000000 USD
CY2014Q1 ppl Proceeds From Receipt Of Grants
ProceedsFromReceiptOfGrants
56000000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1256000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
0 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0 USD
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
610000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-1000000 USD
CY2014Q1 us-gaap Revenues
Revenues
1194000000 USD
CY2014Q4 ppl Cash Collateral Posted Under Master Netting Arrangements
CashCollateralPostedUnderMasterNettingArrangements
21000000 USD
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
644000000 USD
CY2014Q1 ppl Proceeds From Sale Of Other Investment
ProceedsFromSaleOfOtherInvestment
3000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
5000000 USD
CY2015Q1 us-gaap Revenues
Revenues
3165000000 USD
CY2015Q1 ppl Renewable Energy Legislation New Jersey Energy Portfolio Proposed Standard By2050
RenewableEnergyLegislationNewJerseyEnergyPortfolioProposedStandardBy2050
0.8 pure
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-4000000 USD
CY2015Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
12000000 USD
CY2015Q1 ppl Loss Contingency Settlement Value
LossContingencySettlementValue
75000 USD
CY2014Q1 ppl Income From Continuing Operations After Tax Available To Shareholders
IncomeFromContinuingOperationsAfterTaxAvailableToShareholders
322000000 USD
CY2015Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
CY2015Q1 ppl Maximum Amount Assessed For Nuclear Incident
MaximumAmountAssessedForNuclearIncident
255000000 USD
CY2015Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2015Q1 ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
644000000 USD
CY2014Q1 us-gaap Fuel Costs
FuelCosts
758000000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.97
CY2014Q1 us-gaap Unregulated Operating Revenue
UnregulatedOperatingRevenue
348000000 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
6159000000 USD
CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014Q1 ppl Equity Investees Other Comprehensive Income Loss Reclassified To Net Income
EquityInvesteesOtherComprehensiveIncomeLossReclassifiedToNetIncome
0 USD
CY2014Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-28000000 USD
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
942000000 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
46000000 USD
CY2015Q1 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
128000000 USD
CY2015Q1 us-gaap Derivative Assets
DerivativeAssets
450000000 USD
CY2015Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
1595000000 USD
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
84000000 USD
CY2014Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
87000000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
931000000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1183000000 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
32000000 USD
CY2015Q1 ppl Environmental Matters Administrative Order On Consent Period To Provide Assurance
EnvironmentalMattersAdministrativeOrderOnConsentPeriodToProvideAssurance
5
CY2015Q1 us-gaap Interest Income Other
InterestIncomeOther
1000000 USD
CY2015Q1 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
3000000 USD
CY2015Q1 us-gaap Fuel Costs
FuelCosts
604000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
1000000 USD
CY2015Q1 ppl Loss Contingency Estimated Number Of Projects Alleged Not In Compliance
LossContingencyEstimatedNumberOfProjectsAllegedNotInCompliance
40
CY2014Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-59000000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6462000000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
673000000 USD
CY2014Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
239000000 USD
CY2014Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
12000000 USD
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2015Q1 ppl Cash Collateral Posted Under Master Netting Arrangements
CashCollateralPostedUnderMasterNettingArrangements
22000000 USD
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q1 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
-1000000 USD
CY2014Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
70000000 USD
CY2014Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
138000000 USD
CY2015Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
19000000 USD
CY2015Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
-78000000 USD
CY2015Q1 ppl Other Comprehensive Income Reclassification Adjustment On Equity Investees Other Comprehensive Income Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnEquityInvesteesOtherComprehensiveIncomeIncludedInNetIncomeTax
1000000 USD
CY2014Q1 ppl Other Nonoperating Expense Miscellaneous
OtherNonoperatingExpenseMiscellaneous
4000000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
12717000000 USD
CY2014Q1 us-gaap Interest Income Other
InterestIncomeOther
1000000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
647000000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
12466000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
25000000 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
247000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-19000000 USD
CY2015Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1445000 shares
CY2014Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1562000000 USD
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
180000000 USD
CY2015Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
17000000 USD
CY2015Q1 ppl Cane Run Plant Number Of Plaintiffs Filed Suit
CaneRunPlantNumberOfPlaintiffsFiledSuit
6
CY2015Q1 ppl Maximum Per Day Penalty Federal Energy Regulatory Commission May Assess Under Reliability Standards
MaximumPerDayPenaltyFederalEnergyRegulatoryCommissionMayAssessUnderReliabilityStandards
1000000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
392000000 USD
CY2015Q1 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
88000000 USD
CY2015Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
28000000 USD
CY2014Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
38000000 USD
CY2014Q1 ppl Income From Continuing Operations After Tax Allocated To Participating Securities
IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities
2000000 USD
CY2015Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2015Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
893000000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
268000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
4000000 USD
CY2015Q1 ppl Stock Based Compensation
StockBasedCompensation
-7000000 USD
CY2015Q1 ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
IncomeFromContinuingOperationsAfterTaxInterestOnConvertibleDebtNetofTax
0 USD
CY2015Q1 ppl Statutory Period After Order For Extension With Mercury And Air Toxics Standards
StatutoryPeriodAfterOrderForExtensionWithMercuryAndAirToxicsStandards
one and two
CY2015Q1 ppl Maximum Assessment Retroactive Premiums Insured Outage Loss Coverage
MaximumAssessmentRetroactivePremiumsInsuredOutageLossCoverage
46000000 USD
CY2015Q1 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
30852000000 USD
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1429000000 USD
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
69000000 USD
CY2015Q1 ppl Renewable Energy Legislation New Jersey Energy Portfolio Proposed Standard
RenewableEnergyLegislationNewJerseyEnergyPortfolioProposedStandard
0.3 pure
CY2014Q1 ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
IncomeFromContinuingOperationsAfterTaxInterestOnConvertibleDebtNetofTax
9000000 USD
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1511000 shares
CY2015Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
25000000 USD
CY2015Q1 us-gaap Goodwill
Goodwill
3964000000 USD
CY2015Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
143000000 USD
CY2015Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1378000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
131000000 USD
CY2014Q1 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
CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
452000000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.96
CY2015Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-56000000 USD
CY2015Q1 us-gaap Other Cost Of Services
OtherCostOfServices
668000000 USD
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
923000000 USD
CY2014Q1 ppl Stock Based Compensation
StockBasedCompensation
6000000 USD
CY2014Q1 ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
314000000 USD
CY2014Q1 us-gaap Other Cost Of Services
OtherCostOfServices
668000000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.5
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
1000000 USD
CY2015Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
120000000 USD
CY2015Q1 ppl Concentration Risk Credit Risk Fin Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinInstrumentMaximumExposure
692000000 USD
CY2014Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-96000000 USD
CY2015Q1 ppl Loss Contigency Number Of Plants With Claims Dismissed
LossContigencyNumberOfPlantsWithClaimsDismissed
3
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2015Q1 ppl Number Of Indirect Subsidiaries Cited Greenhouse Gas Case
NumberOfIndirectSubsidiariesCitedGreenhouseGasCase
3
CY2015Q1 ppl Maximum Amount Of Insured Property Damages Losses Coverage Nuclear Plant
MaximumAmountOfInsuredPropertyDamagesLossesCoverageNuclearPlant
2000000000 USD
CY2015Q1 ppl Loss Contingency Civil Penalty Amount Per Day Per Violation
LossContingencyCivilPenaltyAmountPerDayPerViolation
36000 USD
CY2015Q1 ppl Statutory Period After Order For Compliance With Mercury And Air Toxics Standards
StatutoryPeriodAfterOrderForComplianceWithMercuryAndAirToxicsStandards
3
CY2014Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
324000000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-990000000 USD
CY2014Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3725
CY2014Q1 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
101000000 USD
CY2015Q1 ppl Number Electric Utilities Ordered To Enter Into Long Term Contracts
NumberElectricUtilitiesOrderedToEnterIntoLongTermContracts
3
CY2015Q1 us-gaap Profit Loss
ProfitLoss
647000000 USD
CY2014Q4 us-gaap Derivative Assets
DerivativeAssets
342000000 USD
CY2014Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
739000000 USD
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
668107248 shares
CY2015Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
647000000 USD
CY2015Q1 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
293000000 USD
CY2014Q1 us-gaap Utility Revenue
UtilityRevenue
2162000000 USD
CY2015Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
54000000 USD
CY2014Q1 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 USD
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2014Q1 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
0 shares
CY2014Q4 ppl Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
159000000 USD
CY2015Q1 ppl Earnings On Nuclear Decommissioning Trust Funds
EarningsOnNuclearDecommissioningTrustFunds
7000000 USD
CY2014Q1 ppl Other Comprehensive Income Reclassification Adjustment On Equity Investees Other Comprehensive Income Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnEquityInvesteesOtherComprehensiveIncomeIncludedInNetIncomeTax
0 USD
CY2015Q1 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate
-52000000 USD
CY2014Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
141000000 USD
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
668732000 shares
CY2015Q1 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-5000000 USD
CY2015Q1 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
0 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
28000000 USD
CY2015Q1 ppl Loss Contingency Civil Penalty Amount Used For Beneficial Projects
LossContingencyCivilPenaltyAmountUsedForBeneficialProjects
100000 USD
CY2014Q1 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-44000000 USD
CY2015Q1 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
419000 shares
CY2015Q1 ppl Number Of Electric Utility Companies That Could Be Sued Under Federal Common Law
NumberOfElectricUtilityCompaniesThatCouldBeSuedUnderFederalCommonLaw
5
CY2014Q1 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-24000000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
723000000 USD
CY2015Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
3165000000 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1356000000 USD
CY2015Q1 ppl Can Run Plant Class Of Residents Miles Within Plant
CanRunPlantClassOfResidentsMilesWithinPlant
4
CY2015Q1 ppl Income From Continuing Operations After Tax Available To Shareholders
IncomeFromContinuingOperationsAfterTaxAvailableToShareholders
644000000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1067000000 USD
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
666974000 shares
CY2015Q1 ppl Other Nonoperating Expense Miscellaneous
OtherNonoperatingExpenseMiscellaneous
3000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1751000000 USD
CY2014Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
9000000 USD
CY2015Q1 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
23000000 USD
CY2015Q1 ppl Loss Contingency Pending Claims Not Accrued Number
LossContingencyPendingClaimsNotAccruedNumber
39
CY2015Q1 us-gaap Short Term Investments
ShortTermInvestments
135000000 USD
CY2015Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
97000000 USD
CY2015Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
81000000 USD
CY2015Q1 ppl Maximum Amount For Public Liability Claims For Nuclear Incident
MaximumAmountForPublicLiabilityClaimsForNuclearIncident
13600000000 USD
CY2014Q4 us-gaap Short Term Investments
ShortTermInvestments
120000000 USD
CY2015Q1 ppl Other Nonoperating Income Miscellaneous
OtherNonoperatingIncomeMiscellaneous
5000000 USD
CY2015Q1 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
2000000 USD
CY2015Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
111000000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
438000000 USD
CY2015Q1 ppl Income From Continuing Operations After Tax Allocated To Participating Securities
IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities
3000000 USD
CY2015Q1 ppl Cane Run Plant Number Of Unresolved Clean Air Act Violations
CaneRunPlantNumberOfUnresolvedCleanAirActViolations
1
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
82000000 USD
CY2014Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
735000000 USD
CY2015Q1 us-gaap Unregulated Operating Revenue
UnregulatedOperatingRevenue
310000000 USD
CY2015Q1 ppl Maximum Amount Payable Per Year Assessed For Nuclear Incident
MaximumAmountPayablePerYearAssessedForNuclearIncident
38000000 USD
CY2014Q1 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
11000000 USD
CY2015Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-172000000 USD
CY2014Q1 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
0 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
114000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
9000000 USD
CY2014Q1 ppl Purchase Contracts
PurchaseContracts
31679000 shares
CY2015Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-9000000 USD
CY2014Q1 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
CY2015Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-66000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0 USD
CY2015Q1 us-gaap Dividends
Dividends
249000000 USD
CY2014Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
8937000000 USD
CY2015Q1 ppl Proceeds From Sale Of Other Investment
ProceedsFromSaleOfOtherInvestment
0 USD
CY2015Q1 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
101000000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
324000000 USD
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.96
CY2015Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0 USD
CY2015Q1 ppl Charitable Contributions
CharitableContributions
5000000 USD
CY2015Q1 ppl Unregulated Wholesale Energy
UnregulatedWholesaleEnergy
521000000 USD
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.5
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-37000000 USD
CY2014Q1 us-gaap Profit Loss
ProfitLoss
316000000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.51
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
25207000000 USD
CY2014Q1 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
300000000 USD
CY2014Q1 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
1000000 USD
CY2015Q1 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
4000000 USD
CY2015Q1 ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
IncomeFromContinuingOperationsAfterTaxAvailabletoShareholdersDiluted
644000000 USD
CY2015Q1 ppl Loss Contigency Number Of Plants Included In Second Complaint
LossContigencyNumberOfPlantsIncludedInSecondComplaint
8
CY2015Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
95000000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
316000000 USD
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
630749000 shares
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-8000000 USD
CY2014Q1 ppl Energy Purchases
EnergyPurchases
-1494000000 USD
CY2014Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1096000 shares
CY2014Q1 ppl Charitable Contributions
CharitableContributions
7000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-46000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
13000000 USD
CY2014Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
35000000 USD
CY2015Q1 ppl Greenhouse Gas Emissions Reduction In Emissions Below2005 Levels Percentage
GreenhouseGasEmissionsReductionInEmissionsBelow2005LevelsPercentage
0.17 pure
CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
5000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-27000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-1000000 USD
CY2015Q1 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
5000000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-97000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-1000000 USD
CY2015Q1 us-gaap Utility Revenue
UtilityRevenue
2214000000 USD
CY2015Q1 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3000000 USD
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
28000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-6000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
4000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
17000000 USD
CY2014Q1 ppl Unregulated Wholesale Energy
UnregulatedWholesaleEnergy
-1457000000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
915000000 USD
CY2014Q1 ppl Income Tax Reconciliation Foreign Intercompany Interest
IncomeTaxReconciliationForeignIntercompanyInterest
-2000000 USD
CY2014Q1 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
3000000 USD
CY2014Q1 us-gaap Dividends
Dividends
237000000 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
323000000 USD
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
CY2015Q1 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
2098000000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
647000000 USD
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
663939000 shares
CY2014Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1194000000 USD
CY2014Q4 ppl Cash Collateral Obligation Under Master Netting Arrangement
CashCollateralObligationUnderMasterNettingArrangement
11000000 USD
CY2014Q1 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
3000000 USD
CY2015Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-149000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-38000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
90000000 USD
CY2015Q1 ppl Income Tax Reconciliation Foreign Intercompany Interest
IncomeTaxReconciliationForeignIntercompanyInterest
-8000000 USD
CY2014Q4 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
1158000000 USD
CY2015Q1 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
3000000 USD
CY2014Q1 ppl Other Nonoperating Income Miscellaneous
OtherNonoperatingIncomeMiscellaneous
2000000 USD
CY2015Q1 ppl Purchase Contracts
PurchaseContracts
0 shares
CY2014Q1 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
1000000 USD
CY2015Q1 ppl Common Stock Aggregate Sales Price
CommonStockAggregateSalesPrice
500000000 USD
CY2015Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1758000 shares
CY2014Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
153000000 USD
CY2015Q1 ppl Equity Investees Other Comprehensive Income Loss Reclassified To Net Income
EquityInvesteesOtherComprehensiveIncomeLossReclassifiedToNetIncome
1000000 USD
CY2015Q1 ppl Cash Collateral Obligation Under Master Netting Arrangement
CashCollateralObligationUnderMasterNettingArrangement
11000000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
136000000 USD
CY2014Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
30000000 USD
CY2014Q1 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
2000000 USD
CY2014Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3000000 USD
CY2015Q1 ppl Price Risk Cash Flow Hedge Gain Loss Reclassified To Earnings Net Text
PriceRiskCashFlowHedgeGainLossReclassifiedToEarningsNetText
There were no such reclassifications for the three months ended March 31, 2015 and 2014.
CY2014Q1 us-gaap Interest Expense
InterestExpense
262000000 USD

Files In Submission

Name View Source Status
0000922224-15-000044-index-headers.html Edgar Link pending
0000922224-15-000044-index.html Edgar Link pending
0000922224-15-000044.txt Edgar Link pending
0000922224-15-000044-xbrl.zip Edgar Link pending
exhibit10a.htm Edgar Link pending
exhibit10b.htm Edgar Link pending
exhibit12a.htm Edgar Link pending
exhibit12b.htm Edgar Link pending
exhibit12c.htm Edgar Link pending
exhibit12d.htm Edgar Link pending
exhibit12e.htm Edgar Link pending
exhibit1c.htm Edgar Link pending
exhibit31a.htm Edgar Link pending
exhibit31b.htm Edgar Link pending
exhibit31c.htm Edgar Link pending
exhibit31d.htm Edgar Link pending
exhibit31e.htm Edgar Link pending
exhibit31f.htm Edgar Link pending
exhibit31g.htm Edgar Link pending
exhibit31h.htm Edgar Link pending
exhibit31i.htm Edgar Link pending
exhibit31j.htm Edgar Link pending
exhibit32a.htm Edgar Link pending
exhibit32b.htm Edgar Link pending
exhibit32c.htm Edgar Link pending
exhibit32d.htm Edgar Link pending
exhibit32e.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10q.htm Edgar Link pending
ppl-20150331.xml Edgar Link completed
ppl-20150331.xsd Edgar Link pending
ppl-20150331_cal.xml Edgar Link unprocessable
ppl-20150331_def.xml Edgar Link unprocessable
ppl-20150331_lab.xml Edgar Link unprocessable
ppl-20150331_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
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending