2015 Q4 Form 10-Q Financial Statement

#000092222415000089 Filed on October 30, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2015 Q2
Revenue $1.780B $1.878B $1.781B
YoY Change -8.53% -0.05% -3.68%
Cost Of Revenue $179.0M $177.0M $157.0M
YoY Change -25.73% 2.31% -15.14%
Gross Profit $1.601B $1.701B $1.624B
YoY Change -6.1% -0.29% -2.4%
Gross Profit Margin 89.94% 90.58% 91.18%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $238.0M $245.0M $232.0M
YoY Change -4.42% -1.61% 85.6%
% of Gross Profit 14.87% 14.4% 14.29%
Operating Expenses $984.0M $1.015B $986.0M
YoY Change -2.09% -0.29% 0.0%
Operating Profit $617.0M $686.0M $638.0M
YoY Change -11.86% -0.29% -5.9%
Interest Expense -$226.0M $221.0M $215.0M
YoY Change 9.71% 3.76% 3.37%
% of Operating Profit -36.63% 32.22% 33.7%
Other Income/Expense, Net $47.00M $75.00M -$102.0M
YoY Change -34.72% -44.85% 37.84%
Pretax Income $438.0M $540.0M $321.0M
YoY Change -22.61% -11.62% -18.94%
Income Tax $33.00M $144.0M $71.00M
% Of Pretax Income 7.53% 26.67% 22.12%
Net Earnings $399.0M $393.0M -$757.0M
YoY Change -42.59% -20.93% -430.57%
Net Earnings / Revenue 22.42% 20.93% -42.5%
Basic Earnings Per Share $0.59 $0.58 -$1.13
Diluted Earnings Per Share $0.59 $0.58 -$1.13
COMMON SHARES
Basic Shares Outstanding 672.8M shares 670.8M shares 668.4M shares
Diluted Shares Outstanding 673.7M shares 671.3M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $836.0M $981.0M $846.0M
YoY Change -44.96% -17.42% -33.33%
Cash & Equivalents $836.0M $981.0M $846.0M
Short-Term Investments
Other Short-Term Assets $63.00M $181.0M $140.0M
YoY Change 14.55% 320.93% 185.71%
Inventory $357.0M $321.0M $315.0M
Prepaid Expenses $66.00M $86.00M $136.0M
Receivables $673.0M $713.0M $737.0M
Other Receivables $59.00M $64.00M $106.0M
Total Short-Term Assets $2.646B $2.990B $2.870B
YoY Change -56.09% -48.09% -48.17%
LONG-TERM ASSETS
Property, Plant & Equipment $30.38B $29.96B $29.22B
YoY Change 7.86% -12.89% -15.14%
Goodwill $3.550B $3.613B $3.590B
YoY Change -3.19% -13.71% -16.53%
Intangibles $679.0M $672.0M $658.0M
YoY Change 1.65% -28.21% -30.88%
Long-Term Investments
YoY Change
Other Assets $155.0M $382.0M $339.0M
YoY Change -23.65% 11.37% -5.04%
Total Long-Term Assets $6.273B $6.294B $6.156B
YoY Change -56.47% -11.16% -15.38%
TOTAL ASSETS
Total Short-Term Assets $2.646B $2.990B $2.870B
Total Long-Term Assets $6.273B $6.294B $6.156B
Total Assets $39.30B $39.25B $38.24B
YoY Change -19.57% -18.56% -20.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $812.0M $808.0M $902.0M
YoY Change -18.39% -33.11% -23.43%
Accrued Expenses $303.0M $300.0M $191.0M
YoY Change 1.68% -15.25% -14.35%
Deferred Revenue
YoY Change
Short-Term Debt $916.0M $557.0M $1.100B
YoY Change 9.57% -49.32% 36.14%
Long-Term Debt Due $485.0M $1.460B $1.000B
YoY Change -51.5% 521.28% 228.95%
Total Short-Term Liabilities $3.876B $4.468B $4.509B
YoY Change -47.9% -17.44% -12.55%
LONG-TERM LIABILITIES
Long-Term Debt $18.56B $17.75B $17.10B
YoY Change 8.85% -13.53% -17.85%
Other Long-Term Liabilities $489.0M $482.0M $481.0M
YoY Change -6.86% -19.8% -23.41%
Total Long-Term Liabilities $6.943B $6.811B $6.691B
YoY Change -33.78% -17.75% -21.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.876B $4.468B $4.509B
Total Long-Term Liabilities $6.943B $6.811B $6.691B
Total Liabilities $10.82B $11.28B $11.20B
YoY Change -39.64% -17.63% -17.88%
SHAREHOLDERS EQUITY
Retained Earnings $2.953B $2.791B $2.654B
YoY Change -54.3% -53.61% -53.99%
Common Stock $9.694B $9.637B $9.571B
YoY Change 2.69% 2.58% 2.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.919B $10.22B $9.941B
YoY Change
Total Liabilities & Shareholders Equity $39.30B $39.25B $38.24B
YoY Change -19.14% -18.56% -20.64%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2015 Q2
OPERATING ACTIVITIES
Net Income $399.0M $393.0M -$757.0M
YoY Change -42.59% -20.93% -430.57%
Depreciation, Depletion And Amortization $238.0M $245.0M $232.0M
YoY Change -4.42% -1.61% 85.6%
Cash From Operating Activities $584.0M $718.0M $861.0M
YoY Change -5.35% -35.61% 37.32%
INVESTING ACTIVITIES
Capital Expenditures -$978.0M -$889.0M -$860.0M
YoY Change -9.86% -5.02% 6.17%
Acquisitions
YoY Change
Other Investing Activities $2.000M $1.000M $126.0M
YoY Change -99.73% -98.46% -214.55%
Cash From Investing Activities -$976.0M -$888.0M -$734.0M
YoY Change 174.93% 1.95% -20.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 251.0M 302.0M -388.0M
YoY Change 53.05% -219.84% -239.07%
NET CHANGE
Cash From Operating Activities 584.0M 718.0M 861.0M
Cash From Investing Activities -976.0M -888.0M -734.0M
Cash From Financing Activities 251.0M 302.0M -388.0M
Net Change In Cash -141.0M 132.0M -261.0M
YoY Change -133.1% -1750.0% 1764.29%
FREE CASH FLOW
Cash From Operating Activities $584.0M $718.0M $861.0M
Capital Expenditures -$978.0M -$889.0M -$860.0M
Free Cash Flow $1.562B $1.607B $1.721B
YoY Change -8.23% -21.65% 19.76%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q3 ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
IncomeFromContinuingOperationsAfterTaxAvailabletoShareholdersDiluted
408000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2015Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
72000000 USD
CY2015Q3 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
421000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
11000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-20000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1049000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
3000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-192000000 USD
us-gaap Asset Retirement Obligation Foreign Currency Translation
AssetRetirementObligationForeignCurrencyTranslation
-1000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
1000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
5000000 USD
us-gaap Revenues
Revenues
5906000000 USD
ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
IncomeFromContinuingOperationsAfterTaxInterestOnConvertibleDebtNetofTax
0 USD
us-gaap Revenues
Revenues
5889000000 USD
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
836000000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
30568000000 USD
ppl Depreciation From Continuing And Discontinued Operations
DepreciationFromContinuingAndDiscontinuedOperations
658000000 USD
CY2015Q3 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
22000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4000000 USD
CY2015Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
118000000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
32000000 USD
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
780000000 shares
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
26000000 USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-30000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-49000000 USD
ppl Net Change Unbilled Revenues
NetChangeUnbilledRevenues
-91000000 USD
ppl Income From Continuing Operations After Tax Available To Shareholders
IncomeFromContinuingOperationsAfterTaxAvailableToShareholders
1193000000 USD
ppl Unrealized Gains Losses On Derivatives And Other Hedging Activities
UnrealizedGainsLossesOnDerivativesAndOtherHedgingActivities
17000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
183000000 USD
us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
-1000000 USD
CY2015Q3 ppl Dividends Dividend Equivalents Redemptions And Distributions
DividendsDividendEquivalentsRedemptionsAndDistributions
256000000 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
44000000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2015Q3 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
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
540000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2560000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28169000000 USD
CY2015Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
151000000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
46000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-4000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2167000000 USD
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
425000 shares
us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
0 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3227000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
80000000 USD
ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate
-13000000 USD
CY2014Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
336000000 USD
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.55
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
5000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-20000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-4000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1169000000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
671254000 shares
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-9000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-40000000 USD
CY2015Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
86000000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
3000000 USD
CY2014Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
1457000000 USD
ppl Dividends Dividend Equivalents Redemptions And Distributions
DividendsDividendEquivalentsRedemptionsAndDistributions
754000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-28000000 USD
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
2228000 shares
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1000000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.1225
CY2014Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-1000000 USD
ppl Dividends Dividend Equivalents Redemptions And Distributions
DividendsDividendEquivalentsRedemptionsAndDistributions
734000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
1000000 USD
CY2014Q4 ppl Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
430000000 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
CY2014Q3 ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
IncomeFromContinuingOperationsAfterTaxInterestOnConvertibleDebtNetofTax
0 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
29962000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
33000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3000000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
69000000 USD
CY2015Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
6811000000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
393000000 USD
CY2015Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
223000000 USD
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1970000 shares
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.59
CY2014Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-1000000 USD
CY2014Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
2532000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-111000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
214000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
534000000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
9000000 USD
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
780000000 shares
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-36000000 USD
CY2015Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
713000000 USD
ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
1037000000 USD
us-gaap Fuel Costs
FuelCosts
695000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-1.36
ppl Equity Investees Other Comprehensive Income Loss Reclassified To Net Income
EquityInvesteesOtherComprehensiveIncomeLossReclassifiedToNetIncome
0 USD
CY2015Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3775
CY2014Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-5000000 USD
ppl Income From Continuing Operations After Tax Allocated To Participating Securities
IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities
5000000 USD
us-gaap Profit Loss
ProfitLoss
1042000000 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
6159000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
8000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
282000000 USD
CY2015Q3 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
1192000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
396000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
33000000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
668731000 shares
CY2014Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
14536000000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
213000000 USD
CY2015Q3 us-gaap Assets Current
AssetsCurrent
2990000000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
649561000 shares
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
5000000 USD
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-6000000 USD
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
ppl Equity Investees Other Comprehensive Income Loss Reclassified To Net Income
EquityInvesteesOtherComprehensiveIncomeLossReclassifiedToNetIncome
1000000 USD
CY2015Q3 us-gaap Dividends Payable Date Declared Month And Year
DividendsPayableDateDeclaredMonthAndYear
2015-08
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
664432000 shares
CY2015Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
46000000 USD
CY2015Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-5000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
84000000 USD
CY2015Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3775
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-271000000 USD
us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-3000000 USD
ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
IncomeFromContinuingOperationsAfterTaxInterestOnConvertibleDebtNetofTax
9000000 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
994000000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
51000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1029000000 USD
ppl Net Change Unbilled Revenues
NetChangeUnbilledRevenues
-122000000 USD
ppl Income Tax Reconciliation Tax Contingencies Domestic And State
IncomeTaxReconciliationTaxContingenciesDomesticAndState
0 USD
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
7000000 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
0 USD
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
8000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-10000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
7000000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
14000000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
863000000 USD
CY2015Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2206000000 USD
CY2014Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
632000000 USD
CY2015Q3 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
79000000 USD
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
665849000 shares
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
138000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
128000000 USD
CY2014Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
CY2014Q3 us-gaap Fuel Costs
FuelCosts
240000000 USD
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
671792000 shares
CY2015Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
9630000000 USD
CY2015Q3 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
24000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
125000000 USD
CY2014Q3 ppl Income From Continuing Operations After Tax Available To Shareholders
IncomeFromContinuingOperationsAfterTaxAvailableToShareholders
408000000 USD
CY2015Q3 ppl Income From Continuing Operations After Tax Allocated To Participating Securities
IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities
2000000 USD
CY2014Q4 us-gaap Interest Payable Current
InterestPayableCurrent
298000000 USD
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:10pt;font-weight:bold;margin-left:0pt;' >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;' >For public business entities, this guidance can be applied using either a full retrospective or modified r</font><font style='font-family:Times New Roman;font-size:10pt;' >etrospective transition method, beginning in annual reporting periods after December 15, 2017 and interim periods within those years. Public business entities may early adopt this guidance in annual reporting periods beginning after December 15, 2016. Th</font><font style='font-family:Times New Roman;font-size:10pt;' >e 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></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 </font><font style='font-family:Arial;font-size:10pt;text-decoration:underline;' >Continue as a Going Concern</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In August 2014, the FASB issued accounting guidance which will require management to assess, for each interim and annual period, whether there are conditions or events that raise substantial doubt about an entity&#8217;s ability to c</font><font style='font-family:Times New Roman;font-size:10pt;' >ontinue 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 that it is probable that the entity will be unable to meet its obligat</font><font style='font-family:Times New Roman;font-size:10pt;' >ions 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 ability to continue as a going concern, management is required to </font><font style='font-family:Times New Roman;font-size:10pt;' >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 a going concern and management&#8217;s evaluation of the significance of </font><font style='font-family:Times New Roman;font-size:10pt;' >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 information that allows the users of the financial statements to un</font><font style='font-family:Times New Roman;font-size:10pt;' >derstand 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 conditions or events that gave rise to the substantial doubt about the ent</font><font style='font-family:Times New Roman;font-size:10pt;' >ity&#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 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 enti</font><font style='font-family:Times New Roman;font-size:10pt;' >ties, 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;' >The Registrants will adopt this guidance for the annual peri</font><font style='font-family:Times New Roman;font-size:10pt;' >od 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</font><font style='font-family:Times New Roman;font-size:10pt;' > 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 still require</font><font style='font-family:Times New Roman;font-size:10pt;' >d 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 hybrid fin</font><font style='font-family:Times New Roman;font-size:10pt;' >ancial 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 instrument. An e</font><font style='font-family:Times New Roman;font-size:10pt;' >ntity 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 periods within t</font><font style='font-family:Times New Roman;font-size:10pt;' >hose 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 adopted. Early </font><font style='font-family:Times New Roman;font-size:10pt;' >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 Statemen</font><font style='font-family:Arial;font-size:10pt;text-decoration:underline;' >t 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 disclose materi</font><font style='font-family:Times New Roman;font-size:10pt;' >al 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, as has the re</font><font style='font-family:Times New Roman;font-size:10pt;' >quirement 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 of these requir</font><font style='font-family:Times New Roman;font-size:10pt;' >ements 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 adoption is perm</font><font style='font-family:Times New Roman;font-size:10pt;' >itted 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 adoption of this </font><font style='font-family:Times New Roman;font-size:10pt;' >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 requiring</font><font style='font-family:Times New Roman;font-size:10pt;' > that they</font><font style='font-family:Times New Roman;font-size:10pt;' > 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. For debt issuance costs associated with line of credit arrangements, the gu</font><font style='font-family:Times New Roman;font-size:10pt;' >idance was subsequently updated to reflect a speech by the SEC which noted that it would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the debt issuance costs ratably over the term of the line </font><font style='font-family:Times New Roman;font-size:10pt;' >of credit arrangement.</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 beginning after December 15, 2015 and interim periods within those fiscal years. 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 </font><font style='font-family:Times New Roman;font-size:10pt;' >are assessing in which period they will adopt this guidance</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > The adoption of this guidance 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></p></div>
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
995000000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
322000000 USD
dei Document Period End Date
DocumentPeriodEndDate
2015-09-30
CY2014Q3 ppl Income From Continuing Operations After Tax Allocated To Participating Securities
IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities
2000000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1000000 USD
CY2014Q4 us-gaap Assets
Assets
48864000000 USD
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-124000000 USD
CY2015Q3 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1368000 shares
CY2015Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2000000 USD
ppl Income From Continuing Operations After Tax Available To Shareholders
IncomeFromContinuingOperationsAfterTaxAvailableToShareholders
1024000000 USD
CY2015Q3 us-gaap Revenues
Revenues
1878000000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-53000000 USD
CY2015Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
565000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-9000000 USD
CY2015Q3 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-40000000 USD
CY2015Q3 ppl Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
364000000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
525000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
432000000 USD
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.78
CY2015Q3 ppl Common Stock Dividends Per Share Declared As Per Annum Equivalent
CommonStockDividendsPerShareDeclaredAsPerAnnumEquivalent
1.51
CY2015Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
963000000 USD
CY2014Q4 ppl Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
132000000 USD
CY2015Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
508000000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
471000000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
5361000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
23000000 USD
CY2014Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
21000000 USD
CY2014Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
249000000 USD
CY2014Q3 ppl Income Tax Reconciliation Tax Contingencies Domestic And State
IncomeTaxReconciliationTaxContingenciesDomesticAndState
0 USD
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-3000000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
611000000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
547000000 USD
CY2014Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
324000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1198000000 USD
dei Amendment Flag
AmendmentFlag
false
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.58
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
CY2015Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
0 USD
CY2015Q3 ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
IncomeFromContinuingOperationsAfterTaxAvailabletoShareholdersDiluted
394000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-142000000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
5000000 USD
CY2015Q3 ppl Income Tax Reconciliation Tax Contingencies Domestic And State
IncomeTaxReconciliationTaxContingenciesDomesticAndState
-9000000 USD
CY2015Q3 ppl Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
129000000 USD
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
4468000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
359000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-3000000 USD
us-gaap Profit Loss
ProfitLoss
283000000 USD
ppl Purchase Contracts
PurchaseContracts
14080000 shares
CY2015Q3 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
10000000 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2523000 shares
CY2015Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-915000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
35000000 USD
ppl Income Tax Reconciliation Foreign Intercompany Interest
IncomeTaxReconciliationForeignIntercompanyInterest
-15000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
375000000 USD
CY2015Q3 ppl Income From Continuing Operations After Tax Interest On Convertible Debt Netof Tax
IncomeFromContinuingOperationsAfterTaxInterestOnConvertibleDebtNetofTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
4000000 USD
CY2014Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
992000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-3000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
3000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
416000000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
49000000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-5000000 USD
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
13735000000 USD
CY2014Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
75000000 USD
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
737000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
43000000 USD
CY2015Q3 us-gaap Interest Payable Current
InterestPayableCurrent
300000000 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1860000 shares
CY2015Q3 us-gaap Fuel Costs
FuelCosts
228000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
10000000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
665501000 shares
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
495000000 USD
ppl Stock Based Compensation
StockBasedCompensation
24000000 USD
CY2015Q3 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate
-45000000 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
0 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
28000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
52000000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.6
CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
78000000 USD
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.13
us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
688000000 USD
CY2014Q3 ppl Purchase Contracts
PurchaseContracts
0 shares
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2791000000 USD
CY2015Q3 ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
391000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
145000000 USD
CY2015Q3 ppl Equity Investees Other Comprehensive Income Loss Reclassified To Net Income
EquityInvesteesOtherComprehensiveIncomeLossReclassifiedToNetIncome
0 USD
CY2015Q3 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
0 USD
us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-2000000 USD
CY2015Q3 ppl Stock Based Compensation
StockBasedCompensation
-6000000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
497000000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2274000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
12000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1000000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
668000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.02
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1630000000 USD
ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
IncomeFromContinuingOperationsAfterTaxAvailabletoShareholdersDiluted
1193000000 USD
CY2014Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
26000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-1000000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
162000000 USD
CY2015Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1460000000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
25207000000 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
44000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-29000000 USD
CY2015Q3 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2015-10-01
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-9000000 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
381000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-48000000 USD
CY2015Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
15000000 USD
CY2015Q3 us-gaap Inventory Net
InventoryNet
321000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
2000000 USD
CY2015Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
382000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-5000000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
48864000000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-5000000 USD
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
us-gaap Other Cost Of Services
OtherCostOfServices
1382000000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
43000000 USD
us-gaap Pension Contributions
PensionContributions
396000000 USD
CY2014Q3 ppl Equity Investees Other Comprehensive Income Loss Reclassified To Net Income
EquityInvesteesOtherComprehensiveIncomeLossReclassifiedToNetIncome
0 USD
CY2014Q3 ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate
-13000000 USD
us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
47000000 USD
ppl Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate
-139000000 USD
us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
65000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
18000000 USD
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
670763000 shares
CY2015Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
672845584 shares
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
2000000 USD
CY2015Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
170000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-3000000 USD
CY2014Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
15000000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
457000000 USD
CY2015Q3 ppl Purchase Contracts
PurchaseContracts
0 shares
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-418000000 USD
CY2015Q3 us-gaap Other Assets Current
OtherAssetsCurrent
181000000 USD
ppl Income From Continuing Operations After Tax Availableto Shareholders Diluted
IncomeFromContinuingOperationsAfterTaxAvailabletoShareholdersDiluted
1033000000 USD
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
666402000 shares
CY2014Q3 us-gaap Other Cost Of Services
OtherCostOfServices
467000000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
144000000 USD
CY2014Q3 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
210000 shares
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
39246000000 USD
CY2014Q4 ppl Cash Collateral Posted Under Master Netting Arrangements
CashCollateralPostedUnderMasterNettingArrangements
21000000 USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
ppl Other Comprehensive Income Reclassification Adjustment On Equity Investees Other Comprehensive Income Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnEquityInvesteesOtherComprehensiveIncomeIncludedInNetIncomeTax
0 USD
us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
658000000 USD
CY2015Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
17745000000 USD
ppl Depreciation From Continuing And Discontinued Operations
DepreciationFromContinuingAndDiscontinuedOperations
688000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
13628000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
131000000 USD
CY2015Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
962000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
9000000 USD
CY2014Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
263000000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
136000000 USD
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1318000 shares
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
127000000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1398000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
26000000 USD
CY2015Q3 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
475000 shares
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-3000000 USD
CY2014Q3 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
1191000000 USD
CY2014Q3 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
425000 shares
CY2015Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
0 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
10222000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-97000000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
13974000000 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
221000000 USD
CY2015Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
539000000 USD
CY2015Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
45000000 USD
CY2015Q3 ppl Other Comprehensive Income Reclassification Adjustment On Equity Investees Other Comprehensive Income Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnEquityInvesteesOtherComprehensiveIncomeIncludedInNetIncomeTax
0 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
42000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-36000000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-12000000 USD
us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
238000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-35000000 USD
CY2015Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-19000000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.61
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.61
CY2014Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
517000000 USD
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
672000000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
686000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
-4000000 USD
CY2015Q3 us-gaap Short Term Investments
ShortTermInvestments
0 USD
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
282000000 USD
us-gaap Other Cost Of Services
OtherCostOfServices
1405000000 USD
us-gaap Fuel Costs
FuelCosts
748000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
48000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
13000000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
410000000 USD
us-gaap Pension Contributions
PensionContributions
290000000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
44000000 USD
ppl Purchased Power And Gas
PurchasedPowerAndGas
683000000 USD
CY2014Q3 ppl Income Tax Reconciliation Foreign Intercompany Interest
IncomeTaxReconciliationForeignIntercompanyInterest
0 USD
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
7000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
750000000 USD
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2939000 shares
CY2015Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
534000000 USD
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1000000000 USD
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
9433000000 USD
CY2015Q3 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
37000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
419000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
13000000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1000000 USD
ppl Income Tax Reconciliation Tax Contingencies Domestic And State
IncomeTaxReconciliationTaxContingenciesDomesticAndState
-21000000 USD
CY2015Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3736000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
718000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
26000000 USD
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2284000000 USD
CY2015Q3 us-gaap Assets Noncurrent
AssetsNoncurrent
6294000000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6462000000 USD
ppl Unrealized Gains Losses On Derivatives And Other Hedging Activities
UnrealizedGainsLossesOnDerivativesAndOtherHedgingActivities
99000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
61000000 USD
CY2015Q3 ppl Cash Collateral Posted Under Master Netting Arrangements
CashCollateralPostedUnderMasterNettingArrangements
10000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
1000000 USD
CY2015Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 USD
us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
3739000000 USD
CY2014Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3725
CY2015Q3 ppl Income From Continuing Operations After Tax Available To Shareholders
IncomeFromContinuingOperationsAfterTaxAvailableToShareholders
394000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
237000000 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-166000000 USD
CY2015Q3 ppl Disposal Group Including Discontinued Operation Assets Noncurrent1
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent1
0 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-2463000000 USD
ppl Proceeds From Contributions From Discontinued Operations
ProceedsFromContributionsFromDiscontinuedOperations
132000000 USD
CY2014Q3 ppl Other Comprehensive Income Reclassification Adjustment On Equity Investees Other Comprehensive Income Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnEquityInvesteesOtherComprehensiveIncomeIncludedInNetIncomeTax
0 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1399000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-84000000 USD
ppl Income Tax Reconciliation Foreign Intercompany Interest
IncomeTaxReconciliationForeignIntercompanyInterest
-4000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2015Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
75000000 USD
us-gaap Interest Expense
InterestExpense
645000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-55000000 USD
CY2015Q3 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
226000000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.1175
dei Entity Registrant Name
EntityRegistrantName
PPL Corp
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-1.36
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.13
CY2014Q3 ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1
CY2014Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
91000000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
17173000000 USD
CY2015Q3 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
7443000000 USD
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-138000000 USD
ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
87000000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
201000000 USD
CY2014Q3 us-gaap Revenues
Revenues
1879000000 USD
CY2015Q3 ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1
ppl Purchase Contracts
PurchaseContracts
0 shares
CY2014Q3 ppl Dividends Dividend Equivalents Redemptions And Distributions
DividendsDividendEquivalentsRedemptionsAndDistributions
248000000 USD
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
75000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0 USD
us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1000000 USD
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2015Q3 us-gaap Asset Retirement Obligation Period Increase Decrease
AssetRetirementObligationPeriodIncreaseDecrease
57000000 USD
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
0 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
571000000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.57
CY2015Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q3 ppl Stock Based Compensation
StockBasedCompensation
9000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1563000000 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Postretirement Plan Benefit Obligation
DisposalGroupIncludingDiscontinuedOperationPostretirementPlanBenefitObligation
7000000 USD
CY2015Q3 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
28120000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.59
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
673702000 shares
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.78
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2031000000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
688000000 USD
ppl Cash And Cash Equivalents Period Increase Decrease Discontinued Operations
CashAndCashEquivalentsPeriodIncreaseDecreaseDiscontinuedOperations
-352000000 USD
CY2015Q3 us-gaap Customer Deposits Current
CustomerDepositsCurrent
312000000 USD
us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
3000000 USD
us-gaap Asset Retirement Obligation Period Increase Decrease
AssetRetirementObligationPeriodIncreaseDecrease
219000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
296000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2628000000 USD
CY2015Q3 ppl Tax Adjustments Settlements And Unusual Provisions Recorded To Continuing Operations
TaxAdjustmentsSettlementsAndUnusualProvisionsRecordedToContinuingOperations
-12000000 USD
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2015Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
557000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.02
CY2015Q3 ppl Assets Of Disposal Group Including Discontinued Operation Current1
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent1
0 USD
ppl Number Of Electric Utility Companies That Could Be Sued Under Federal Common Law
NumberOfElectricUtilityCompaniesThatCouldBeSuedUnderFederalCommonLaw
5
CY2015Q3 ppl Purchased Power And Gas
PurchasedPowerAndGas
177000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-6000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-2000000 USD
ppl Depreciation Not Normalized
DepreciationNotNormalized
-4000000 USD
CY2014Q3 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
78000000 USD
CY2015Q3 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
0 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
22000000 USD
CY2015Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5000000 USD
CY2015Q3 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
5632000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-10000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1046000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1137000000 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Pension Plan Benefit Obligation
DisposalGroupIncludingDiscontinuedOperationPensionPlanBenefitObligation
244000000 USD
ppl Stock Based Compensation
StockBasedCompensation
14000000 USD
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
671792000 shares
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
59000000 USD
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2014Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
13000000 USD
CY2014Q4 us-gaap Short Term Investments
ShortTermInvestments
120000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1037000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
52000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2015Q3 ppl Depreciation Not Normalized
DepreciationNotNormalized
-1000000 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
21000000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
231000000 USD
CY2014Q3 ppl Purchased Power And Gas
PurchasedPowerAndGas
173000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
592000000 USD
CY2015Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
189000000 USD
CY2015Q3 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-24000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
24000000 USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
15000000 USD
CY2014Q4 ppl Assets Of Disposal Group Including Discontinued Operation Current1
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent1
2600000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
0 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-60000000 USD
CY2015Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1627000000 USD
CY2015Q3 us-gaap Goodwill
Goodwill
3613000000 USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2014Q4 ppl Liabilities Of Disposal Group Including Discontinued Operation Noncurrent1
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent1
3963000000 USD
ppl Foreign Income Tax Return Adjustments
ForeignIncomeTaxReturnAdjustments
0 USD
CY2015Q3 ppl Liabilities Of Disposal Group Including Discontinued Operation Noncurrent1
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent1
0 USD
CY2015Q3 ppl Defined Benefit Plan Deferred Recovery Amount
DefinedBenefitPlanDeferredRecoveryAmount
4000000 USD
CY2015Q3 ppl Liabilities Of Disposal Group Including Discontinued Operation Current1
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent1
0 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
2163000000 USD
us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
3000000 USD
CY2014Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
71000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
6000000 USD
ppl Purchased Power And Gas
PurchasedPowerAndGas
676000000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0 USD
us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2015Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
808000000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
391000000 USD
CY2015Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1478000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
31000000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-180000000 USD
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1565000000 USD
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2000000 USD
CY2015Q3 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
1000000 USD
CY2014Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
10620000000 USD
ppl Coal Combustion Residuals Years To Commencement Or Complete Closure Minimum Range
CoalCombustionResidualsYearsToCommencementOrCompleteClosureMinimumRange
P03Y
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5000000 USD
ppl Coal Combustion Residuals Years To Commencement Or Complete Closure Maximum Range
CoalCombustionResidualsYearsToCommencementOrCompleteClosureMaximumRange
P10Y
CY2014Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
37000000 USD
ppl Depreciation Not Normalized
DepreciationNotNormalized
-7000000 USD
ppl Foreign Income Tax Return Adjustments
ForeignIncomeTaxReturnAdjustments
-4000000 USD
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1438000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2214000000 USD
CY2015Q3 us-gaap Assets
Assets
39246000000 USD
CY2014Q3 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
233000000 USD
CY2015Q3 ppl Income Tax Reconciliation Income Tax Benefit Related To Planned Amendment
IncomeTaxReconciliationIncomeTaxBenefitRelatedToPlannedAmendment
-9000000 USD
CY2015Q3 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
37000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
0 USD
CY2014Q4 us-gaap Goodwill
Goodwill
3667000000 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-546000000 USD
ppl Distribution Of Spinoff
DistributionOfSpinoff
-24000000 USD
dei Document Type
DocumentType
10-Q
ppl Clean Air Act Number Of Criteria Pollutants
CleanAirActNumberOfCriteriaPollutants
6
ppl Proceeds From Contributions From Discontinued Operations
ProceedsFromContributionsFromDiscontinuedOperations
448000000 USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2000000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-344000000 USD
us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
-7000000 USD
us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
3675000000 USD
CY2015Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
482000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-48000000 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2014Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2015Q3 ppl Derivative Net Liability Position Aggregate Fair Value Alternative
DerivativeNetLiabilityPositionAggregateFairValueAlternative
32000000 USD
CY2015Q3 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
33752000000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
15000000 USD
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
221000000 USD
us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
0 USD
CY2015Q3 us-gaap Other Cost Of Services
OtherCostOfServices
482000000 USD
ppl Maximum Per Day Penalty Federal Energy Regulatory Commission May Assess Under Reliability Standards
MaximumPerDayPenaltyFederalEnergyRegulatoryCommissionMayAssessUnderReliabilityStandards
1000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-2000000 USD
CY2015Q3 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
64000000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
137000000 USD
CY2014Q3 ppl Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
495000000 USD
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
981000000 USD
CY2015Q3 ppl Income Tax Reconciliation Foreign Intercompany Interest
IncomeTaxReconciliationForeignIntercompanyInterest
-4000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
134000000 USD
CY2014Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1562000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2974000000 USD
dei Entity Central Index Key
EntityCentralIndexKey
0000922224
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2612000000 USD
us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
-46000000 USD
CY2014Q3 ppl Depreciation Not Normalized
DepreciationNotNormalized
-3000000 USD
CY2014Q3 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
-1000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-7000000 USD
ppl Other Comprehensive Income Reclassification Adjustment On Equity Investees Other Comprehensive Income Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnEquityInvesteesOtherComprehensiveIncomeIncludedInNetIncomeTax
-1000000 USD
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
3805000 shares
CY2014Q4 ppl Disposal Group Including Discontinued Operation Assets Noncurrent1
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent1
8317000000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
465000000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
343000000 USD
ppl Payments For Hedge Operating Activities
PaymentsForHedgeOperatingActivities
88000000 USD
ppl Payments For Hedge Operating Activities
PaymentsForHedgeOperatingActivities
0 USD
ppl Income Tax Reconciliation Income Tax Benefit Related To Planned Amendment
IncomeTaxReconciliationIncomeTaxBenefitRelatedToPlannedAmendment
-9000000 USD
ppl Cash And Cash Equivalents Period Increase Decrease Discontinued Operations
CashAndCashEquivalentsPeriodIncreaseDecreaseDiscontinuedOperations
-45000000 USD
us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
-3224000000 USD
CY2015Q3 ppl Foreign Income Tax Return Adjustments
ForeignIncomeTaxReturnAdjustments
0 USD
CY2015Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
254000000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1688000000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
12466000000 USD
CY2014Q4 ppl Liabilities Of Disposal Group Including Discontinued Operation Current1
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent1
2775000000 USD
ppl Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
1
CY2015Q3 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
21000000 USD
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-183000000 USD
CY2014Q3 ppl Foreign Income Tax Return Adjustments
ForeignIncomeTaxReturnAdjustments
0 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-2630000000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-149000000 USD
CY2014Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
304000000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
9941000000 USD
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
136000000 USD
CY2015Q3 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
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
20000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
0 USD

Files In Submission

Name View Source Status
0000922224-15-000089-index-headers.html Edgar Link pending
0000922224-15-000089-index.html Edgar Link pending
0000922224-15-000089.txt Edgar Link pending
0000922224-15-000089-xbrl.zip 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
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
exhibit3a.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
form10q.htm Edgar Link pending
ppl-20150930.xml Edgar Link completed
ppl-20150930.xsd Edgar Link pending
ppl-20150930_cal.xml Edgar Link unprocessable
ppl-20150930_def.xml Edgar Link unprocessable
ppl-20150930_lab.xml Edgar Link unprocessable
ppl-20150930_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
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending