$PPL
PPL Corp Stock $ppl

$ppl Overview Financials Valuation SEC Filings Company Website

2015 Q2 Form 10-Q Financial Statement

#000092222415000069 Filed on August 03, 2015

Income Statement

Concept	2015 Q2	2015 Q1	2014 Q2
Revenue	$1.781B	$2.230B	$1.849B
YoY Change	-3.68%	2.39%	-46.41%
Cost Of Revenue	$157.0M	$342.0M	$185.0M
YoY Change	-15.14%	-125.22%	-84.34%
Gross Profit	$1.624B	$1.888B	$1.664B
YoY Change	-2.4%	-25.96%	-24.02%
Gross Profit Margin	91.18%	84.66%	89.99%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$232.0M	$216.0M	$125.0M
YoY Change	85.6%	-40.82%	-62.69%
% of Gross Profit	14.29%	11.44%	7.51%
Operating Expenses	$986.0M	$998.0M	$986.0M
YoY Change	0.0%	-45.37%	-33.02%
Operating Profit	$638.0M	$890.0M	$678.0M
YoY Change	-5.9%	11.11%	-7.38%
Interest Expense	$215.0M	$209.0M	$208.0M
YoY Change	3.37%	-20.23%	-19.38%
% of Operating Profit	33.7%	23.48%	30.68%
Other Income/Expense, Net	-$102.0M	$88.00M	-$74.00M
YoY Change	37.84%	-482.61%	-1950.0%
Pretax Income	$321.0M	$769.0M	$396.0M
YoY Change	-18.94%	75.57%	-22.81%
Income Tax	$71.00M	$217.0M	$166.0M
% Of Pretax Income	22.12%	28.22%	41.92%
Net Earnings	-$757.0M	$647.0M	$229.0M
YoY Change	-430.57%	104.75%	-43.46%
Net Earnings / Revenue	-42.5%	29.01%	12.39%
Basic Earnings Per Share	-$1.13	$0.97	$0.35
Diluted Earnings Per Share	-$1.13	$0.96	$0.34
COMMON SHARES
Basic Shares Outstanding	668.4M shares	667.0M shares	653.1M shares
Diluted Shares Outstanding	671.3M shares	668.7M shares	665.8M shares

Balance Sheet

Concept	2015 Q2	2015 Q1	2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$846.0M	$1.470B	$1.269B
YoY Change	-33.33%	17.04%	78.48%
Cash & Equivalents	$846.0M	$1.114B	$1.005B
Short-Term Investments		$135.0M
Other Short-Term Assets	$140.0M	$35.00M	$49.00M
YoY Change	185.71%	-22.22%	-22.22%
Inventory	$315.0M	$687.0M	$651.0M
Prepaid Expenses	$136.0M	$168.0M	$160.0M
Receivables	$737.0M	$1.104B	$981.0M
Other Receivables	$106.0M	$127.0M	$115.0M
Total Short-Term Assets	$2.870B	$5.699B	$5.537B
YoY Change	-48.17%	-6.48%	15.96%
LONG-TERM ASSETS
Property, Plant & Equipment	$29.22B	$34.96B	$34.43B
YoY Change	-15.14%	3.51%	12.52%
Goodwill	$3.590B	$3.964B	$4.301B
YoY Change	-16.53%	-7.77%	7.77%
Intangibles	$658.0M	$920.0M	$952.0M
YoY Change	-30.88%	-2.44%	4.96%
Long-Term Investments		$34.00M	$39.00M
YoY Change		-12.82%	-17.02%
Other Assets	$339.0M	$333.0M	$357.0M
YoY Change	-5.04%	-6.72%	-41.76%
Total Long-Term Assets	$6.156B	$7.264B	$7.275B
YoY Change	-15.38%	1.07%	-3.68%
TOTAL ASSETS
Total Short-Term Assets	$2.870B	$5.699B	$5.537B
Total Long-Term Assets	$6.156B	$7.264B	$7.275B
Total Assets	$38.24B	$48.92B	$48.19B
YoY Change	-20.64%	1.98%	10.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$902.0M	$1.128B	$1.178B
YoY Change	-23.43%	-16.13%	5.75%
Accrued Expenses	$191.0M	$345.0M	$223.0M
YoY Change	-14.35%	-3.63%	13.2%
Deferred Revenue
YoY Change
Short-Term Debt	$1.100B	$1.595B	$808.0M
YoY Change	36.14%	1.01%	-33.0%
Long-Term Debt Due	$1.000B	$1.535B	$304.0M
YoY Change	228.95%	404.93%	-59.52%
Total Short-Term Liabilities	$4.509B	$7.217B	$5.156B
YoY Change	-12.55%	13.19%	-6.96%
LONG-TERM LIABILITIES
Long-Term Debt	$17.10B	$18.77B	$20.82B
YoY Change	-17.85%	-8.49%	10.3%
Other Long-Term Liabilities	$481.0M	$596.0M	$628.0M
YoY Change	-23.41%	-7.17%	-4.7%
Total Long-Term Liabilities	$6.691B	$8.896B	$8.483B
YoY Change	-21.12%	6.34%	1.29%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.509B	$7.217B	$5.156B
Total Long-Term Liabilities	$6.691B	$8.896B	$8.483B
Total Liabilities	$11.20B	$16.11B	$13.64B
YoY Change	-17.88%	9.3%	-2.0%
SHAREHOLDERS EQUITY
Retained Earnings	$2.654B	$6.860B	$5.768B
YoY Change	-53.99%	18.52%	-1.62%
Common Stock	$9.571B	$9.487B	$9.365B
YoY Change	2.2%	13.51%	30.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$9.941B	$14.04B	$13.74B
YoY Change
Total Liabilities & Shareholders Equity	$38.24B	$48.92B	$48.19B
YoY Change	-20.64%	1.98%	10.17%

Cashflow Statement

Concept	2015 Q2	2015 Q1	2014 Q2
OPERATING ACTIVITIES
Net Income	-$757.0M	$647.0M	$229.0M
YoY Change	-430.57%	104.75%	-43.46%
Depreciation, Depletion And Amortization	$232.0M	$216.0M	$125.0M
YoY Change	85.6%	-40.82%	-62.69%
Cash From Operating Activities	$861.0M	$673.0M	$627.0M
YoY Change	37.32%	-27.71%	-10.81%
INVESTING ACTIVITIES
Capital Expenditures	-$860.0M	$833.0M	-$810.0M
YoY Change	6.17%	-6.61%	-16.41%
Acquisitions
YoY Change
Other Investing Activities	$126.0M	$2.000M	-$110.0M
YoY Change	-214.55%	-125.0%	-423.53%
Cash From Investing Activities	-$734.0M	-$990.0M	-$920.0M
YoY Change	-20.22%	-16.31%	-1.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$35.00M
YoY Change		133.33%
Debt Paid & Issued, Net		$0.00
YoY Change		-100.0%
Cash From Financing Activities	-388.0M	-$97.00M	279.0M
YoY Change	-239.07%	-124.74%	213.48%
NET CHANGE
Cash From Operating Activities	861.0M	$673.0M	627.0M
Cash From Investing Activities	-734.0M	-$990.0M	-920.0M
Cash From Financing Activities	-388.0M	-$97.00M	279.0M
Net Change In Cash	-261.0M	-$414.0M	-14.00M
YoY Change	1764.29%	-395.71%	-90.21%
FREE CASH FLOW
Cash From Operating Activities	$861.0M	$673.0M	$627.0M
Capital Expenditures	-$860.0M	$833.0M	-$810.0M
Free Cash Flow	$1.721B	-$160.0M	$1.437B
YoY Change	19.76%	-510.26%	-14.06%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	ppl	Coal Combustion Residuals Years To Commencement Or Complete Closure Minimum Range CoalCombustionResidualsYearsToCommencementOrCompleteClosureMinimumRange	P03Y
CY2014Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	653132000	shares
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-7000000	USD
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	74000000	USD
CY2015Q2	us-gaap	Assets Current AssetsCurrent	2870000000	USD
CY2015Q2	us-gaap	Profit Loss ProfitLoss	-757000000	USD
CY2014Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	336000000	USD
CY2014Q2	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	77000000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	5000000	USD
	ppl	Dividends Dividend Equivalents Redemptions And Distributions DividendsDividendEquivalentsRedemptionsAndDistributions	486000000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-13000000	USD
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	668415000	shares
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	28169000000	USD
	ppl	Net Change Unbilled Revenues NetChangeUnbilledRevenues	-79000000	USD
CY2014Q2	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	46000000	USD
CY2015Q2	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	431000000	USD
CY2015Q2	ppl	Net Income Available To Common Shareowners NetIncomeAvailableToCommonShareowners	-758000000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	2000000	USD
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	95000000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	-1000000	USD
CY2014Q2	us-gaap	Fuel Costs FuelCosts	232000000	USD
CY2015Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2654000000	USD
CY2014Q2	ppl	Income Tax Reconciliation Tax Contingencies Domestic And State IncomeTaxReconciliationTaxContingenciesDomesticAndState	-1000000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	19000000	USD
CY2014Q2	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	3000000	USD
CY2015Q2	us-gaap	Revenues Revenues	1781000000	USD
CY2015Q2	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
	ppl	Income From Continuing Operations After Tax Allocated To Participating Securities IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities	2000000	USD
	ppl	Purchase Contracts PurchaseContracts	0	shares
CY2015Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	1000000	USD
CY2015Q2	us-gaap	Other Assets Current OtherAssetsCurrent	140000000	USD
CY2014Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	14536000000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-38000000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	27000000	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.84
CY2014Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	263000000	USD
CY2015Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	9564000000	USD
	ppl	Stock Based Compensation StockBasedCompensation	20000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	14000000	USD
	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	0	shares
CY2015Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	902000000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-10000000	USD
CY2014Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	525000000	USD
	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	-98000000	USD
CY2014Q4	us-gaap	Liabilities Current LiabilitiesCurrent	7443000000	USD
CY2015Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	71000000	USD
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	28000000	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	321000000	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	2000000	USD
CY2014Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	995000000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-1000000	USD
CY2014Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	228000000	USD
CY2014Q2	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
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	780000000	shares
CY2015Q2	us-gaap	Defined Benefit Pension Plan Liabilities Noncurrent DefinedBenefitPensionPlanLiabilitiesNoncurrent	1078000000	USD
CY2014Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	998000000	USD
	ppl	Depreciation From Continuing And Discontinued Operations DepreciationFromContinuingAndDiscontinuedOperations	432000000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	8000000	USD
	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	16000000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	25000000	USD
	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax	-2000000	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	846000000	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.37
CY2014Q2	us-gaap	Regulated And Unregulated Operating Revenue RegulatedAndUnregulatedOperatingRevenue	1849000000	USD
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.83
	us-gaap	Other Cost Of Services OtherCostOfServices	887000000	USD
CY2015Q2	us-gaap	Interest Expense InterestExpense	215000000	USD
CY2014Q2	us-gaap	Utility Revenue UtilityRevenue	1830000000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	712000000	USD
CY2014Q2	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
CY2014Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.35
	us-gaap	Profit Loss ProfitLoss	545000000	USD
CY2014Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	836000000	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	-2000000	USD
CY2015Q2	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-4000000	USD
	us-gaap	Utility Revenue UtilityRevenue	3992000000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	31000000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	396000000	USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-11000000	USD
CY2014Q2	ppl	Income From Continuing Operations After Tax Allocated To Participating Securities IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities	1000000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	1028000000	USD
CY2015Q2	us-gaap	Taxes Payable Current TaxesPayableCurrent	130000000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	2000000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	21000000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	61000000	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	9000000	USD
	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax	2000000	USD
CY2015Q2	us-gaap	Assets Assets	38244000000	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-217000000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	1479000000	USD
CY2014Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	249000000	USD
	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	162000000	USD
CY2014Q2	us-gaap	Interest Expense InterestExpense	208000000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-112000000	USD
	ppl	Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate	0	USD
CY2014Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	2100000	shares
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1090000000	USD
CY2015Q2	us-gaap	Regulated And Unregulated Operating Revenue RegulatedAndUnregulatedOperatingRevenue	1781000000	USD
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	665849000	shares
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35	pure
	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	29000000	USD
CY2014Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	9433000000	USD
CY2014Q4	us-gaap	Guarantee Obligations Current Carrying Value GuaranteeObligationsCurrentCarryingValue	26000000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-9000000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	230000000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-7000000	USD
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	1.19
CY2014Q2	us-gaap	Utilities Operating Expense Depreciation And Amortization UtilitiesOperatingExpenseDepreciationAndAmortization	230000000	USD
CY2015Q2	us-gaap	Fuel Costs FuelCosts	214000000	USD
	us-gaap	Interest Expense InterestExpense	424000000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	29000000	USD
CY2014Q2	us-gaap	Income Tax Reconciliation Repatriation Of Foreign Earnings IncomeTaxReconciliationRepatriationOfForeignEarnings	10000000	USD
CY2015Q2	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	537000000	USD
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q2	us-gaap	Public Utilities Property Plant And Equipment Accumulated Depreciation PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation	5480000000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	69000000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-11000000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	13628000000	USD
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1429000000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	802000000	USD
CY2015Q2	ppl	Stock Based Compensation StockBasedCompensation	27000000	USD
CY2015Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	38244000000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	470000000	USD
	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	382000000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	128000000	USD
CY2015Q2	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	159000000	USD
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	8000000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-3000000	USD
CY2015Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	6691000000	USD
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	664927000	shares
CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-758000000	USD
CY2014Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	632000000	USD
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	671286000	shares
CY2015Q2	us-gaap	Goodwill Goodwill	3590000000	USD
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	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;' >18. 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 Financial Accounting Standards Board (FASB)</font><font style='font-family:Times New Roman;font-size:10pt;' > 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 promised goods or se</font><font style='font-family:Times New Roman;font-size:10pt;' >rvices 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;' >This guidance can be applied using either a full retrospective or modified retrospective transition method</font><font style='font-family:Times New Roman;font-size:10pt;' >. The FASB has affirmed a recent proposal to defer the effective date of the standard by one year, which for public business entities, would result in initial application of this guidance in annual reporting periods beginning after December 15, 2017 and i</font><font style='font-family:Times New Roman;font-size:10pt;' >nterim periods within those years. The proposed standard allows entities to early adopt the guidance as of the original effective date of the standard, which for public business entities is annual reporting periods beginning after December 15, 2016. Pendi</font><font style='font-family:Times New Roman;font-size:10pt;' >ng the FASB’s issuance of the effective date deferral, the Registrants expect to adopt this guidance effective January 1, 2018. </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><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;' >Reporting Uncertainties about an Entity’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 t</font><font style='font-family:Times New Roman;font-size:10pt;' >hat raise substantial doubt about an entity’s ability to continue as a going concern. Substantial doubt about an entity’s ability to continue as a going concern exists when relevant conditions and events, considered in the aggregate, indicate that it is p</font><font style='font-family:Times New Roman;font-size:10pt;' >robable 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’s ability </font><font style='font-family:Times New Roman;font-size:10pt;' >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’s ability to continue as a going c</font><font style='font-family:Times New Roman;font-size:10pt;' >oncern and management’s evaluation of the significance of those conditions or events. If substantial doubt about the entity’s ability to continue as a going concern has been alleviated as a result of management’s plan, the entity should disclose informati</font><font style='font-family:Times New Roman;font-size:10pt;' >on that allows the users of the financial statements to understand those plans. If the substantial doubt about the entity’s ability to continue as a going concern is not alleviated by management’s plans, management’s plans to mitigate the conditions or ev</font><font style='font-family:Times New Roman;font-size:10pt;' >ents that gave rise to the substantial doubt about the entity’s ability to continue as a going concern should be disclosed, as well as a statement that there is substantial doubt the entity’s ability to continue as a going concern within one year after the</font><font style='font-family:Times New Roman;font-size:10pt;' > 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 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;' >Th</font><font style='font-family:Times New Roman;font-size:10pt;' >e 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 Instrument</font><font style='font-family:Arial;font-size:10pt;text-decoration:underline;' > 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 contract of a hybrid financial instrument issued in the form of a share. This </font><font style='font-family:Times New Roman;font-size:10pt;' >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 still required to evaluate whether the economic risks of the embedded derivativ</font><font style='font-family:Times New Roman;font-size:10pt;' >e 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 hybrid financial instrument, including the embedded derivative feature being</font><font style='font-family:Times New Roman;font-size:10pt;' > 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 instrument. An entity should assess the relative strength of the debt-like and equ</font><font style='font-family:Times New Roman;font-size:10pt;' >ity-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 periods within those fiscal years, beginning after December 15, 2015 and should be</font><font style='font-family:Times New Roman;font-size:10pt;' > applied using a modified retrospective method for existing hybrid financial </font><font style='font-family:Times New Roman;font-size:10pt;' >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</font><font style='font-family:Times New Roman;font-size:10pt;' > 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 </font><font style='font-family:Times New Roman;font-size:10pt;' >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 disclose material events and transactions that are both unusual and occur inf</font><font style='font-family:Times New Roman;font-size:10pt;' >requently. 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, as has the requirement to separately present the nature and financial effec</font><font style='font-family:Times New Roman;font-size:10pt;' >ts 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 of these requirements has been expanded to include items that are both unusua</font><font style='font-family:Times New Roman;font-size:10pt;' >l 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 adoption is permitted provided that an entity applies the guidance from the be</font><font style='font-family:Times New Roman;font-size:10pt;' >ginning 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 adoption of this guidance is not expected to have a significant impact on the R</font><font style='font-family:Times New Roman;font-size:10pt;' >egistrants.</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 requiring debt issuance costs to be presented on the balance sheet as a direct ded</font><font style='font-family:Times New Roman;font-size:10pt;' >uction 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 applied retrospectively for financial statements issued for fiscal years beginni</font><font style='font-family:Times New Roman;font-size:10pt;' >ng 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 will adopt this guidance on January 1, 2016.</font><font style='font-family:Times New Roman;font-size:10pt;' > The adoption of this guidance will require the Registrants to reclassify debt issuance co</font><font style='font-family:Times New Roman;font-size:10pt;' >sts 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></p></div>
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CY2015Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.37
CY2014Q4	us-gaap	Assets Assets	48864000000	USD
CY2015Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	1000000000	USD
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CY2015Q2	us-gaap	Tax Adjustments Settlements And Unusual Provisions TaxAdjustmentsSettlementsAndUnusualProvisions	-23000000	USD
	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	290000000	USD
	us-gaap	Stockholders Equity Note Spinoff Transaction StockholdersEquityNoteSpinoffTransaction	-3224000000	USD
	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	160000000	USD
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CY2015Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-3000000	USD
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CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	48864000000	USD
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CY2014Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	75000000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	16000000	USD
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CY2014Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-74000000	USD
CY2015Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	64000000	USD
	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	163000000	USD
CY2015Q2	ppl	Liabilities Of Disposal Group Including Discontinued Operation Current1 LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent1	0	USD
CY2014Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	21000000	USD
	ppl	Cash And Cash Equivalents Period Increase Decrease Discontinued Operations CashAndCashEquivalentsPeriodIncreaseDecreaseDiscontinuedOperations	-352000000	USD
CY2015Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	5000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect	-4000000	USD
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	us-gaap	Share Based Compensation ShareBasedCompensation	38000000	USD
	ppl	Income Tax Reconciliation Foreign Intercompany Interest IncomeTaxReconciliationForeignIntercompanyInterest	-11000000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1017000000	USD
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CY2015Q2	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions	0	USD
	dei	Document Type DocumentType	10-Q
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CY2014Q4	us-gaap	Regulatory Assets Noncurrent RegulatoryAssetsNoncurrent	1562000000	USD
	us-gaap	Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions	0	USD
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	ppl	Clean Air Act Number Of Criteria Pollutants CleanAirActNumberOfCriteriaPollutants	6
CY2014Q2	ppl	Other Comprehensive Income Reclassification Adjustment On Equity Investees Other Comprehensive Income Included In Net Income Tax OtherComprehensiveIncomeReclassificationAdjustmentOnEquityInvesteesOtherComprehensiveIncomeIncludedInNetIncomeTax	0	USD
CY2014Q2	ppl	Purchased Power And Gas PurchasedPowerAndGas	171000000	USD
CY2015Q2	ppl	Liabilities Of Disposal Group Including Discontinued Operation Noncurrent1 LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent1	0	USD
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
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CY2015Q2	us-gaap	Disposal Group Including Discontinued Operation Pension Plan Benefit Obligation DisposalGroupIncludingDiscontinuedOperationPensionPlanBenefitObligation	244000000	USD
CY2015Q1	us-gaap	Stockholders Equity StockholdersEquity	14036000000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect	-4000000	USD
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CY2014Q2	us-gaap	Stockholders Equity StockholdersEquity	13735000000	USD
CY2014Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	1000000	USD
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CY2014Q2	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	-31000000	USD
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	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
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CY2015Q2	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
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CY2014Q4	ppl	Cash Collateral Posted Under Master Netting Arrangements CashCollateralPostedUnderMasterNettingArrangements	21000000	USD
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CY2014Q4	us-gaap	Regulatory Liability Current RegulatoryLiabilityCurrent	91000000	USD
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	ppl	Income From Continuing Operations After Tax Allocated To Participating Securities IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities	3000000	USD
CY2014Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35	pure
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	83000000	USD
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CY2015Q2	us-gaap	Customer Deposits Current CustomerDepositsCurrent	309000000	USD
	us-gaap	Cash Provided By Used In Financing Activities Discontinued Operations CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations	138000000	USD
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CY2015Q2	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	88000000	USD
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CY2014Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	22000000	USD
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CY2015Q2	ppl	Assets Of Disposal Group Including Discontinued Operation Current1 AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent1	0	USD
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	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	12466000000	USD
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CY2014Q4	ppl	Disposal Group Including Discontinued Operation Assets Noncurrent1 DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent1	8317000000	USD
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CY2014Q2	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities	0	USD
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CY2013Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	22000000	USD
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Files In Submission

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$PPL
PPL Corp Stock $ppl

2015 Q2 Form 10-Q Financial Statement

#000092222415000069 Filed on August 03, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PPL PPL Corp Stock $ppl

2015 Q2 Form 10-Q Financial Statement

#000092222415000069 Filed on August 03, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PPL
PPL Corp Stock $ppl