2016 Q1 Form 10-Q Financial Statement
#000092222416000150 Filed on April 29, 2016
Income Statement
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
Revenue | $2.011B | $2.230B |
YoY Change | -9.82% | 2.39% |
Cost Of Revenue | $233.0M | $342.0M |
YoY Change | -31.87% | -125.22% |
Gross Profit | $1.778B | $1.888B |
YoY Change | -5.83% | -25.96% |
Gross Profit Margin | 88.41% | 84.66% |
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $229.0M | $216.0M |
YoY Change | 6.02% | -40.82% |
% of Gross Profit | 12.88% | 11.44% |
Operating Expenses | $955.0M | $998.0M |
YoY Change | -4.31% | -45.37% |
Operating Profit | $823.0M | $890.0M |
YoY Change | -7.53% | 11.11% |
Interest Expense | $224.0M | $209.0M |
YoY Change | 7.18% | -20.23% |
% of Operating Profit | 27.22% | 23.48% |
Other Income/Expense, Net | $61.00M | $88.00M |
YoY Change | -30.68% | -482.61% |
Pretax Income | $660.0M | $769.0M |
YoY Change | -14.17% | 75.57% |
Income Tax | $179.0M | $217.0M |
% Of Pretax Income | 27.12% | 28.22% |
Net Earnings | $481.0M | $647.0M |
YoY Change | -25.66% | 104.75% |
Net Earnings / Revenue | 23.92% | 29.01% |
Basic Earnings Per Share | $0.71 | $0.97 |
Diluted Earnings Per Share | $0.71 | $0.96 |
COMMON SHARES | ||
Basic Shares Outstanding | 675.4M shares | 667.0M shares |
Diluted Shares Outstanding | 678.8M shares | 668.7M shares |
Balance Sheet
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $814.0M | $1.470B |
YoY Change | -44.63% | 17.04% |
Cash & Equivalents | $814.0M | $1.114B |
Short-Term Investments | $135.0M | |
Other Short-Term Assets | $38.00M | $35.00M |
YoY Change | 8.57% | -22.22% |
Inventory | $332.0M | $687.0M |
Prepaid Expenses | $150.0M | $168.0M |
Receivables | $727.0M | $1.104B |
Other Receivables | $50.00M | $127.0M |
Total Short-Term Assets | $2.713B | $5.699B |
YoY Change | -52.4% | -6.48% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $29.83B | $34.96B |
YoY Change | -14.67% | 3.51% |
Goodwill | $3.336B | $3.964B |
YoY Change | -15.84% | -7.77% |
Intangibles | $667.0M | $920.0M |
YoY Change | -27.5% | -2.44% |
Long-Term Investments | $34.00M | |
YoY Change | -12.82% | |
Other Assets | $160.0M | $333.0M |
YoY Change | -51.95% | -6.72% |
Total Long-Term Assets | $6.164B | $7.264B |
YoY Change | -15.14% | 1.07% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.713B | $5.699B |
Total Long-Term Assets | $6.164B | $7.264B |
Total Assets | $38.71B | $48.92B |
YoY Change | -20.87% | 1.98% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $707.0M | $1.128B |
YoY Change | -37.32% | -16.13% |
Accrued Expenses | $315.0M | $345.0M |
YoY Change | -8.7% | -3.63% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $1.265B | $1.595B |
YoY Change | -20.69% | 1.01% |
Long-Term Debt Due | $485.0M | $1.535B |
YoY Change | -68.4% | 404.93% |
Total Short-Term Liabilities | $4.066B | $7.217B |
YoY Change | -43.66% | 13.19% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $18.07B | $18.77B |
YoY Change | -3.72% | -8.49% |
Other Long-Term Liabilities | $478.0M | $596.0M |
YoY Change | -19.8% | -7.17% |
Total Long-Term Liabilities | $6.807B | $8.896B |
YoY Change | -23.48% | 6.34% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $4.066B | $7.217B |
Total Long-Term Liabilities | $6.807B | $8.896B |
Total Liabilities | $10.87B | $16.11B |
YoY Change | -32.52% | 9.3% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $3.185B | $6.860B |
YoY Change | -53.57% | 18.52% |
Common Stock | $9.736B | $9.487B |
YoY Change | 2.62% | 13.51% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $9.762B | $14.04B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $38.71B | $48.92B |
YoY Change | -20.87% | 1.98% |
Cashflow Statement
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $481.0M | $647.0M |
YoY Change | -25.66% | 104.75% |
Depreciation, Depletion And Amortization | $229.0M | $216.0M |
YoY Change | 6.02% | -40.82% |
Cash From Operating Activities | $557.0M | $673.0M |
YoY Change | -17.24% | -27.71% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $656.0M | $833.0M |
YoY Change | -21.25% | -6.61% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$1.000M | $2.000M |
YoY Change | -150.0% | -125.0% |
Cash From Investing Activities | -$661.0M | -$990.0M |
YoY Change | -33.23% | -16.31% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $42.00M | $35.00M |
YoY Change | 20.0% | 133.33% |
Debt Paid & Issued, Net | $224.0M | $0.00 |
YoY Change | -100.0% | |
Cash From Financing Activities | $115.0M | -$97.00M |
YoY Change | -218.56% | -124.74% |
NET CHANGE | ||
Cash From Operating Activities | $557.0M | $673.0M |
Cash From Investing Activities | -$661.0M | -$990.0M |
Cash From Financing Activities | $115.0M | -$97.00M |
Net Change In Cash | $11.00M | -$414.0M |
YoY Change | -102.66% | -395.71% |
FREE CASH FLOW | ||
Cash From Operating Activities | $557.0M | $673.0M |
Capital Expenditures | $656.0M | $833.0M |
Free Cash Flow | -$99.00M | -$160.0M |
YoY Change | -38.13% | -510.26% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2016Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
780000000 | shares |
CY2015Q1 | us-gaap |
Depreciation
Depreciation
|
216000000 | USD |
CY2015Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
812000000 | USD |
CY2016Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
111000000 | USD |
CY2016Q1 | us-gaap |
Dividends Payable Date Declared Month And Year
DividendsPayableDateDeclaredMonthAndYear
|
2016-02 | |
CY2016Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-1000000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-14000000 | USD |
CY2016Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-33000000 | USD |
CY2016Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
18074000000 | USD |
CY2016Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
29832000000 | USD |
CY2015Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
165000000 | USD |
CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
660000000 | USD |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.82 | |
CY2016Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2016Q1 | us-gaap |
Asset Retirement Obligation Foreign Currency Translation
AssetRetirementObligationForeignCurrencyTranslation
|
-4000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
9000000 | USD |
CY2016Q1 | us-gaap |
Depreciation
Depreciation
|
229000000 | USD |
CY2016Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
48000000 | USD |
CY2016Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
516000000 | USD |
CY2015Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
916000000 | USD |
CY2016Q1 | ppl |
Unrealized Gains Losses On Derivatives And Other Hedging Activities
UnrealizedGainsLossesOnDerivativesAndOtherHedgingActivities
|
34000000 | USD |
CY2016Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
18000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-18000000 | USD |
CY2016Q1 | ppl |
Income From Continuing Operations After Tax Available To Shareholders
IncomeFromContinuingOperationsAfterTaxAvailableToShareholders
|
479000000 | USD |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
673857000 | shares |
CY2016Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
38000000 | USD |
CY2015Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-2000000 | USD |
CY2016Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-03-31 | |
CY2016Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-23000000 | USD |
CY2016Q1 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
587000000 | USD |
CY2016Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2016Q1 | us-gaap |
Other Cost Of Services
OtherCostOfServices
|
450000000 | USD |
CY2016Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
61000000 | USD |
CY2016Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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CY2015Q4 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
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CY2015Q4 | us-gaap |
Interest Payable Current
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CY2015Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
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|
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CY2015Q1 | ppl |
Income From Continuing Operations After Tax Allocated To Participating Securities
IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities
|
3000000 | USD |
CY2016Q1 | us-gaap |
Customer Deposits Current
CustomerDepositsCurrent
|
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CY2015Q1 | ppl |
Stock Based Compensation
StockBasedCompensation
|
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CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
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CY2016Q1 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
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CY2016Q1 | us-gaap |
Prepaid Expense Current
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|
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Assets Current
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|
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CY2015Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.14 | |
CY2016Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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CY2016Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
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CY2016Q1 | ppl |
Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
|
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CY2015Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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|
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Net Cash Provided By Used In Operating Activities
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|
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CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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|
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CY2015Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
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CY2015Q4 | us-gaap |
Common Stock Value
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Payments For Proceeds From Other Investing Activities
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CY2015Q4 | us-gaap |
Stockholders Equity
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CY2015Q4 | us-gaap |
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CY2015Q1 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
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|
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CY2016Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
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CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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30382000000 | USD |
CY2015Q1 | ppl |
Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
|
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CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-49000000 | USD |
CY2016Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.38 | |
CY2015Q1 | us-gaap |
Fuel Costs
FuelCosts
|
253000000 | USD |
CY2016Q1 | us-gaap |
Revenues
Revenues
|
2011000000 | USD |
CY2016Q1 | us-gaap |
Taxes Payable Current
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|
96000000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Continuing Operations
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|
-285000000 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-22000000 | USD |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
769000000 | USD |
CY2015Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
1315000000 | USD |
CY2016Q1 | us-gaap |
Public Utilities Property Plant And Equipment Plant In Service
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|
33849000000 | USD |
CY2015Q1 | ppl |
Unrealized Gains Losses On Derivatives And Other Hedging Activities
UnrealizedGainsLossesOnDerivativesAndOtherHedgingActivities
|
52000000 | USD |
CY2016Q1 | ppl |
Maximum Aggregate Coverage Bodily Injury And Property Damage
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|
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CY2016Q1 | us-gaap |
Long Term Debt Current
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|
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Prepaid Expense Current
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|
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CY2016Q1 | us-gaap |
Liabilities Noncurrent
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Utilities Operating Expense
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Income Tax Reconciliation Foreign Interest Benefit
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Entity Filer Category
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Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
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Public Utilities Property Plant And Equipment Accumulated Depreciation
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|
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Liabilities Current
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|
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CY2015Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
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CY2016Q1 | us-gaap |
Payments Of Dividends Common Stock
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|
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CY2016Q1 | us-gaap |
Interest Expense
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|
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Net Periodic Defined Benefit Cost Benefit Change In Discount Rate After Tax
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|
9000000 | USD |
CY2016Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
675441000 | shares |
CY2016Q1 | us-gaap |
Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
|
23000000 | USD |
CY2016Q1 | us-gaap |
Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
|
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CY2015Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
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CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14036000000 | USD |
CY2015Q4 | ppl |
Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
|
351000000 | USD |
CY2015Q1 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
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Common Stock Shares Issued
CommonStockSharesIssued
|
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CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
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Operating Income Loss
OperatingIncomeLoss
|
890000000 | USD |
CY2016Q1 | ppl |
Purchased Power And Gas
PurchasedPowerAndGas
|
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Act129 Recovery Period Under Phase Iii Plan
Act129RecoveryPeriodUnderPhaseIiiPlan
|
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Income From Continuing Operations After Tax Available To Shareholders Diluted
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|
479000000 | USD |
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Guarantee Obligations Current Carrying Value
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CY2016Q1 | us-gaap |
Repayments Of Long Term Debt
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|
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Net Change Unbilled Revenues
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|
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CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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|
-31000000 | USD |
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Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-62000000 | USD |
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Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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|
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Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
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Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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|
-19000000 | USD |
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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CY2015Q4 | us-gaap |
Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
|
28716000000 | USD |
CY2016Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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|
-47000000 | USD |
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Assets
Assets
|
38709000000 | USD |
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Cash Collateral Posted Under Master Netting Arrangements
CashCollateralPostedUnderMasterNettingArrangements
|
8000000 | USD |
CY2015Q4 | us-gaap |
Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
1405000000 | USD |
CY2016Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
38709000000 | USD |
CY2016Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
162000000 | USD |
CY2016Q1 | us-gaap |
Regulatory Liability Current
RegulatoryLiabilityCurrent
|
119000000 | USD |
CY2016Q1 | us-gaap |
Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
|
942000000 | USD |
CY2015Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
19000000 | USD |
CY2015Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
255000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
78000000 | USD |
CY2015Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
673000000 | USD |
CY2016Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
5000000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
656000000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-97000000 | USD |
CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
678817000 | shares |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
452000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
-38000000 | USD |
CY2015Q4 | ppl |
Cash Collateral Posted Under Master Netting Arrangements
CashCollateralPostedUnderMasterNettingArrangements
|
9000000 | USD |
CY2015Q4 | ppl |
Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
|
128000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
0 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
17000000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
6000000 | USD |
CY2015Q1 | us-gaap |
Pension Contributions
PensionContributions
|
197000000 | USD |
CY2015Q1 | ppl |
Cash And Cash Equivalents Period Increase Decrease Discontinued Operations
CashAndCashEquivalentsPeriodIncreaseDecreaseDiscontinuedOperations
|
-131000000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
10000000 | USD |
CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.97 | |
CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
666974000 | shares |
CY2016Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
0 | USD |
CY2016Q1 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
1382000000 | USD |
CY2016Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
144000000 | USD |
CY2016Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
315000000 | USD |
CY2016Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
217000000 | USD |
CY2016Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-431000000 | USD |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
780000000 | shares |
CY2016Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
478000000 | USD |
CY2015Q1 | us-gaap |
Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
|
216000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
86000000 | USD |
CY2016Q1 | us-gaap |
Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
|
8000000 | USD |
CY2016Q1 | us-gaap |
Pension Contributions
PensionContributions
|
123000000 | USD |
CY2015Q4 | us-gaap |
Regulatory Assets Current
RegulatoryAssetsCurrent
|
48000000 | USD |
CY2016Q1 | ppl |
Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
|
332000000 | USD |
CY2016Q1 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
13000000 | USD |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
552000000 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
39301000000 | USD |
CY2015Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.3725 | |
CY2016Q1 | ppl |
Maximum Per Day Penalty Federal Energy Regulatory Commission May Assess Under Reliability Standards
MaximumPerDayPenaltyFederalEnergyRegulatoryCommissionMayAssessUnderReliabilityStandards
|
1000000 | USD |
CY2015Q4 | us-gaap |
Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
|
945000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | USD |
CY2016Q1 | us-gaap |
Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
|
5731000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
-1000000 | USD |
CY2016Q1 | ppl |
Cash And Cash Equivalents Period Increase Decrease Discontinued Operations
CashAndCashEquivalentsPeriodIncreaseDecreaseDiscontinuedOperations
|
0 | USD |
CY2016Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | USD |
CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
179000000 | USD |
CY2015Q1 | us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
-222000000 | USD |
CY2016Q1 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-4000000 | USD |
CY2016Q1 | ppl |
Derivative Net Liability Position Aggregate Fair Value Alternative
DerivativeNetLiabilityPositionAggregateFairValueAlternative
|
31000000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
14000000 | USD |
CY2015Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
6943000000 | USD |
CY2015Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
41000000 | USD |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
823000000 | USD |
CY2015Q1 | ppl |
Proceeds From Contributions From Discontinued Operations
ProceedsFromContributionsFromDiscontinuedOperations
|
191000000 | USD |
CY2016Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1265000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
62000000 | USD |
CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.71 | |
CY2015Q1 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
1445000 | shares |
CY2016Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure |
CY2016Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.71 | |
CY2015Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
485000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
4000000 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1399000000 | USD |
CY2016Q1 | us-gaap |
Nontrade Receivables Current
NontradeReceivablesCurrent
|
50000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
5000000 | USD |
CY2015Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
11000000 | USD |
CY2016Q1 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
231000000 | USD |
CY2016Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
2000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
5000000 | USD |
CY2015Q1 | ppl |
Income From Continuing Operations After Tax Available To Shareholders
IncomeFromContinuingOperationsAfterTaxAvailableToShareholders
|
549000000 | USD |
CY2016Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
676384000 | shares |
CY2015Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
516000000 | USD |
CY2016Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
676384000 | shares |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-66000000 | USD |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
3550000000 | USD |
CY2016Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
45000000 | USD |
CY2016Q1 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2015Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
3000000 | USD |
CY2016Q1 | us-gaap |
Inventory Net
InventoryNet
|
332000000 | USD |
CY2016Q1 | ppl |
Clean Air Act Number Of Criteria Pollutants
CleanAirActNumberOfCriteriaPollutants
|
6 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
115000000 | USD |
CY2016Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
160000000 | USD |
CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
489000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-6000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-661000000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
128000000 | USD |
CY2016Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0 | |
CY2016Q1 | 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><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;' >Accounting for </font><font style='font-family:Arial;font-size:10pt;text-decoration:underline;' >Leases</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 February 2016, the FASB issue</font><font style='font-family:Times New Roman;font-size:10pt;' >d accounting guidance for leases. This new guidance requires lessees to recognize a right-of-use asset and a lease liability for virtually all of their leases (other than leases that meet the definition of a short-term lease). </font><font style='font-family:Times New Roman;font-size:10pt;' > For income statement purpose</font><font style='font-family:Times New Roman;font-size:10pt;' >s, the FASB retained a dual model for lessees, requiring leases to be classified as either operating or finance. </font><font style='font-family:Times New Roman;font-size:10pt;' > Operating leases will result in straight-line expense (similar to current operating leases) while finance leases will result in a front-loaded </font><font style='font-family:Times New Roman;font-size:10pt;' >expense pattern (similar to current capital leases). </font><font style='font-family:Times New Roman;font-size:10pt;' >Classification will be based on criteria that are largely similar to those applied in current lease accounting, but without explicit bright lines.</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;' >Lessor accounting under the new guidance is similar to </font><font style='font-family:Times New Roman;font-size:10pt;' >the current model, but updated to align with certain changes to the lessee model and the new revenue recognition standard. </font><font style='font-family:Times New Roman;font-size:10pt;' >Similar to current practice</font><font style='font-family:Times New Roman;font-size:10pt;' >, lessors will classify leases as operating, direct financing, or sales-type.</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 standard is effective for public c</font><font style='font-family:Times New Roman;font-size:10pt;' >ompanies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. </font><font style='font-family:Times New Roman;font-size:10pt;' >Early adoption is permitted. </font><font style='font-family:Times New Roman;font-size:10pt;' >The new standard must be adopted using a modified retrospective transition, and provides for certain practical expedie</font><font style='font-family:Times New Roman;font-size:10pt;' >nts. </font><font style='font-family:Times New Roman;font-size:10pt;' >Transition will require application of the new guidance at the beginning of the earliest comparative period presented.</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. </font></p></div> | |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
3440000000 | USD |
CY2016Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
3560000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
15000000 | USD |
CY2015Q4 | us-gaap |
Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
|
34399000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-56000000 | USD |
CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-2274000000 | USD |
CY2016Q1 | us-gaap |
Profit Loss
ProfitLoss
|
481000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
15000000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
6000000 | USD |
CY2016Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
707000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
|
-4000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-43000000 | USD |
CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
668732000 | shares |
CY2016Q1 | us-gaap |
Dividends
Dividends
|
256000000 | USD |
CY2016Q1 | ppl |
Cash Collateral Obligation Under Master Netting Arrangement
CashCollateralObligationUnderMasterNettingArrangement
|
15000000 | USD |
CY2016Q1 | us-gaap |
Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
|
254000000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
833000000 | USD |
CY2016Q1 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
419000000 | USD |
CY2016Q1 | us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
1000000 | USD |
CY2016Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-3159000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
557000000 | USD |
CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
50000000 | USD |
CY2016Q1 | ppl |
Income Tax Reconciliation Stock Based Compensation
IncomeTaxReconciliationStockBasedCompensation
|
-8000000 | USD |
CY2015Q1 | ppl |
Purchased Power And Gas
PurchasedPowerAndGas
|
329000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
6000000 | USD |
CY2016Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
9729000000 | USD |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
814000000 | USD |
CY2016Q1 | us-gaap |
Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
|
79000000 | USD |
CY2015Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
250000000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13628000000 | USD |
CY2016Q1 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
Yes | |
CY2016Q1 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
402000 | shares |
CY2015Q1 | us-gaap |
Other Cost Of Services
OtherCostOfServices
|
456000000 | USD |
CY2015Q1 | us-gaap |
Profit Loss
ProfitLoss
|
647000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
42000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
0 | USD |
CY2016Q1 | us-gaap |
Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
|
2016-04-01 | |
CY2016Q1 | us-gaap |
Fuel Costs
FuelCosts
|
197000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
0 | USD |
CY2016Q1 | us-gaap |
Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
1183000000 | USD |
CY2015Q1 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
9000000 | USD |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1114000000 | USD |
CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
481000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-66000000 | USD |
CY2015Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
85000000 | USD |
CY2015Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-2311000000 | USD |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
836000000 | USD |
CY2015Q1 | us-gaap |
Revenues
Revenues
|
2230000000 | USD |
CY2016Q1 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
0 | USD |
CY2015Q1 | us-gaap |
Utilities Operating Expense
UtilitiesOperatingExpense
|
1340000000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
49000000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-76000000 | USD |
CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.96 | |
CY2015Q4 | us-gaap |
Assets
Assets
|
39301000000 | USD |
CY2016Q1 | us-gaap |
Goodwill
Goodwill
|
3336000000 | USD |
CY2016Q1 | ppl |
Other Comprehensive Income Reclassification Adjustment On Equity Investees Other Comprehensive Income Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnEquityInvesteesOtherComprehensiveIncomeIncludedInNetIncomeTax
|
0 | USD |
CY2016Q1 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
-13000000 | USD |
CY2015Q1 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
14000000 | USD |
CY2016Q1 | ppl |
Net Periodic Defined Benefit Cost Benefit Change In Discount Rate
NetPeriodicDefinedBenefitCostBenefitChangeInDiscountRate
|
11000000 | USD |
CY2016Q1 | us-gaap |
Assets Current
AssetsCurrent
|
2713000000 | USD |
CY2016Q1 | ppl |
Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
|
479000000 | USD |
CY2015Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
549000000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-124000000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
479000000 | USD |
CY2015Q4 | us-gaap |
Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
|
139000000 | USD |
CY2015Q1 | ppl |
Income Tax Reconciliation Stock Based Compensation
IncomeTaxReconciliationStockBasedCompensation
|
0 | USD |
CY2015Q1 | ppl |
Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate
|
-52000000 | USD |
CY2015Q1 | ppl |
Income Tax Reconciliation Foreign Interest Benefit
IncomeTaxReconciliationForeignInterestBenefit
|
-7000000 | USD |
CY2016Q1 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
257000000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
13000000 | USD |
CY2015Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
586000000 | USD |
CY2016Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2016Q1 | ppl |
Income From Continuing Operations After Tax Allocated To Participating Securities
IncomeFromContinuingOperationsAfterTaxAllocatedToParticipatingSecurities
|
2000000 | USD |
CY2016Q1 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
6000000 | USD |
CY2016Q1 | ppl |
Minimum Duration Of Long Term Procurement Contracts
MinimumDurationOfLongTermProcurementContracts
|
P04Y | |
CY2016Q1 | ppl |
Environmental Matters Foreign Operations Cost Of Purchasing Allowances
EnvironmentalMattersForeignOperationsCostOfPurchasingAllowances
|
400000 | GBP |
CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
357000000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
115000000 | USD |
CY2015Q4 | us-gaap |
Customer Deposits Current
CustomerDepositsCurrent
|
326000000 | USD |
CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
63000000 | USD |
CY2016Q1 | ppl |
Net Periodic Defined Benefit Cost Benefit Change In Discount Rate Per Share
NetPeriodicDefinedBenefitCostBenefitChangeInDiscountRatePerShare
|
0.01 | |
CY2015Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
9687000000 | USD |
CY2016Q1 | us-gaap |
Regulatory Assets Current
RegulatoryAssetsCurrent
|
26000000 | USD |
CY2015Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.14 | |
CY2016Q1 | ppl |
Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statuatory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatuatoryTaxRate
|
-52000000 | USD |
CY2016Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
727000000 | USD |
CY2015Q1 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
419000 | shares |
CY2016Q1 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-54000000 | USD |
CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1758000 | shares |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
80000000 | USD |
CY2015Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure |
CY2015Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
-5000000 | USD |
CY2015Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
95000000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
0 | USD |
CY2015Q1 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
16000000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-860000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-25000000 | USD |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.83 | |
CY2015Q4 | us-gaap |
Nontrade Receivables Current
NontradeReceivablesCurrent
|
59000000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-661000000 | USD |
CY2016Q1 | ppl |
Maximum Percentage Of Long Term Contracts For Electric Generation Supply Service
MaximumPercentageOfLongTermContractsForElectricGenerationSupplyService
|
0.25 | pure |
CY2016Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000922224 | |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
13000000 | USD |
CY2015Q1 | ppl |
Other Comprehensive Income Reclassification Adjustment On Equity Investees Other Comprehensive Income Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnEquityInvesteesOtherComprehensiveIncomeIncludedInNetIncomeTax
|
1000000 | USD |
CY2015Q4 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
6273000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-37000000 | USD |
CY2016Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
PPL Corp | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
557000000 | USD |
CY2016Q1 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
6164000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
224000000 | USD |
CY2015Q1 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
221000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-464000000 | USD |
CY2016Q1 | ppl |
Stock Based Compensation
StockBasedCompensation
|
-28000000 | USD |
CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q1 | us-gaap |
Dividends
Dividends
|
249000000 | USD |
CY2016Q1 | ppl |
Environmental Matters Foreign Operations Number Of Poles To Be Replaced
EnvironmentalMattersForeignOperationsNumberOfPolesToBeReplaced
|
1400000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
115000000 | USD |
CY2016Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
7000000 | USD |
CY2015Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
88000000 | USD |
CY2016Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
667000000 | USD |
CY2016Q1 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
24000000 | USD |
CY2016Q1 | ppl |
Environmental Matters Foreign Operations Fuel Sources No Longer Subject To Requirements
EnvironmentalMattersForeignOperationsFuelSourcesNoLongerSubjectToRequirements
|
18 fuel sources | |
CY2016Q1 | us-gaap |
Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
|
183000000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-66000000 | USD |
CY2015Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
644000000 | USD |
CY2016Q1 | ppl |
Cumulative Effect Initial Adoption Of New Accounting Principle
CumulativeEffectInitialAdoptionOfNewAccountingPrinciple
|
7000000 | USD |
CY2015Q4 | us-gaap |
Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
|
1733000000 | USD |
CY2016Q1 | us-gaap |
Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
|
28118000000 | USD |
CY2016Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.38 | |
CY2015Q4 | us-gaap |
Regulatory Liability Current
RegulatoryLiabilityCurrent
|
145000000 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2953000000 | USD |
CY2016Q1 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
2125000 | shares |
CY2015Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
3000000 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3876000000 | USD |
CY2016Q1 | ppl |
Maximum Duration Of Long Term Procurement Contracts
MaximumDurationOfLongTermProcurementContracts
|
P20Y | |
CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
610000000 | USD |
CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
679000000 | USD |
CY2015Q1 | ppl |
Equity Investees Other Comprehensive Income Loss Reclassified To Net Income
EquityInvesteesOtherComprehensiveIncomeLossReclassifiedToNetIncome
|
1000000 | USD |
CY2016Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0 | |
CY2016Q1 | us-gaap |
Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
|
229000000 | USD |
CY2015Q1 | ppl |
Income From Continuing Operations After Tax Available To Shareholders Diluted
IncomeFromContinuingOperationsAfterTaxAvailableToShareholdersDiluted
|
549000000 | USD |
CY2016Q1 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
517000000 | USD |
CY2016Q1 | ppl |
Act129 Maximum Recoverable Costs Under Phase Iii Plan
Act129MaximumRecoverableCostsUnderPhaseIiiPlan
|
313000000 | USD |
CY2016Q1 | ppl |
Equity Investees Other Comprehensive Income Loss Reclassified To Net Income
EquityInvesteesOtherComprehensiveIncomeLossReclassifiedToNetIncome
|
0 | USD |
CY2016Q1 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
476000000 | USD |
CY2016Q1 | us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
0 | USD |
CY2016Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
70000000 | USD |
CY2015Q1 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-6000000 | USD |
CY2015Q1 | us-gaap |
Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
|
86000000 | USD |
CY2016Q1 | ppl |
Net Change Unbilled Revenues
NetChangeUnbilledRevenues
|
-18000000 | USD |
CY2016Q1 | ppl |
Proceeds From Contributions From Discontinued Operations
ProceedsFromContributionsFromDiscontinuedOperations
|
0 | USD |
CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.71 | |
CY2015Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-1000000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
15000000 | USD |
CY2016Q1 | ppl |
Common Stock Dividends Per Share Declared As Per Annum Equivalent
CommonStockDividendsPerShareDeclaredAsPerAnnumEquivalent
|
1.52 | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-990000000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
35000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
|
0 | USD |
CY2016Q1 | ppl |
Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
|
1 | |
CY2016Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
676945176 | shares |
CY2015Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
18563000000 | USD |
CY2016Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
209000000 | USD |
CY2016Q1 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
0 | USD |