$PPL
PPL Corp Stock $ppl

$ppl Overview Financials Valuation SEC Filings Company Website

2017 Q1 Form 10-Q Financial Statement

#000092222417000029 Filed on May 04, 2017

Income Statement

Concept	2017 Q1	2016 Q1
Revenue	$1.951B	$2.011B
YoY Change	-2.98%	-9.82%
Cost Of Revenue	$215.0M	$233.0M
YoY Change	-7.73%	-31.87%
Gross Profit	$1.736B	$1.778B
YoY Change	-2.36%	-5.83%
Gross Profit Margin	88.98%	88.41%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$242.0M	$229.0M
YoY Change	5.68%	6.02%
% of Gross Profit	13.94%	12.88%
Operating Expenses	$940.0M	$955.0M
YoY Change	-1.57%	-4.31%
Operating Profit	$758.0M	$823.0M
YoY Change	-7.9%	-7.53%
Interest Expense	$217.0M	$224.0M
YoY Change	-3.13%	7.18%
% of Operating Profit	28.63%	27.22%
Other Income/Expense, Net	-$9.000M	$61.00M
YoY Change	-114.75%	-30.68%
Pretax Income	$532.0M	$660.0M
YoY Change	-19.39%	-14.17%
Income Tax	$129.0M	$179.0M
% Of Pretax Income	24.25%	27.12%
Net Earnings	$403.0M	$481.0M
YoY Change	-16.22%	-25.66%
Net Earnings / Revenue	20.66%	23.92%
Basic Earnings Per Share	$0.59	$0.71
Diluted Earnings Per Share	$0.59	$0.71
COMMON SHARES
Basic Shares Outstanding	680.9M shares	675.4M shares
Diluted Shares Outstanding	683.1M shares	678.8M shares

Balance Sheet

Concept	2017 Q1	2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$409.0M	$814.0M
YoY Change	-49.75%	-44.63%
Cash & Equivalents	$409.0M	$814.0M
Short-Term Investments
Other Short-Term Assets	$51.00M	$38.00M
YoY Change	34.21%	8.57%
Inventory	$312.0M	$332.0M
Prepaid Expenses	$173.0M	$150.0M
Receivables	$702.0M	$727.0M
Other Receivables	$58.00M	$50.00M
Total Short-Term Assets	$2.227B	$2.713B
YoY Change	-17.91%	-52.4%
LONG-TERM ASSETS
Property, Plant & Equipment	$30.41B	$29.83B
YoY Change	1.93%	-14.67%
Goodwill	$3.050B	$3.336B
YoY Change	-8.57%	-15.84%
Intangibles	$644.0M	$667.0M
YoY Change	-3.45%	-27.5%
Long-Term Investments
YoY Change
Other Assets	$151.0M	$160.0M
YoY Change	-5.63%	-51.95%
Total Long-Term Assets	$6.400B	$6.164B
YoY Change	3.83%	-15.14%
TOTAL ASSETS
Total Short-Term Assets	$2.227B	$2.713B
Total Long-Term Assets	$6.400B	$6.164B
Total Assets	$39.03B	$38.71B
YoY Change	0.84%	-20.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$700.0M	$707.0M
YoY Change	-0.99%	-37.32%
Accrued Expenses	$299.0M	$315.0M
YoY Change	-5.08%	-8.7%
Deferred Revenue
YoY Change
Short-Term Debt	$1.666B	$1.265B
YoY Change	31.7%	-20.69%
Long-Term Debt Due	$417.0M	$485.0M
YoY Change	-14.02%	-68.4%
Total Short-Term Liabilities	$4.256B	$4.066B
YoY Change	4.67%	-43.66%
LONG-TERM LIABILITIES
Long-Term Debt	$17.96B	$18.07B
YoY Change	-0.64%	-3.72%
Other Long-Term Liabilities	$422.0M	$478.0M
YoY Change	-11.72%	-19.8%
Total Long-Term Liabilities	$6.711B	$6.807B
YoY Change	-1.41%	-23.48%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.256B	$4.066B
Total Long-Term Liabilities	$6.711B	$6.807B
Total Liabilities	$10.97B	$10.87B
YoY Change	0.86%	-32.52%
SHAREHOLDERS EQUITY
Retained Earnings	$3.962B	$3.185B
YoY Change	24.4%	-53.57%
Common Stock	$9.924B	$9.736B
YoY Change	1.93%	2.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$10.11B	$9.762B
YoY Change
Total Liabilities & Shareholders Equity	$39.03B	$38.71B
YoY Change	0.84%	-20.87%

Cashflow Statement

Concept	2017 Q1	2016 Q1
OPERATING ACTIVITIES
Net Income	$403.0M	$481.0M
YoY Change	-16.22%	-25.66%
Depreciation, Depletion And Amortization	$242.0M	$229.0M
YoY Change	5.68%	6.02%
Cash From Operating Activities	$135.0M	$557.0M
YoY Change	-75.76%	-17.24%
INVESTING ACTIVITIES
Capital Expenditures	$677.0M	$656.0M
YoY Change	3.2%	-21.25%
Acquisitions
YoY Change
Other Investing Activities	-$1.000M	-$1.000M
YoY Change	0.0%	-150.0%
Cash From Investing Activities	-$679.0M	-$661.0M
YoY Change	2.72%	-33.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$73.00M	$42.00M
YoY Change	73.81%	20.0%
Debt Paid & Issued, Net	$0.00	$224.0M
YoY Change	-100.0%
Cash From Financing Activities	$607.0M	$115.0M
YoY Change	427.83%	-218.56%
NET CHANGE
Cash From Operating Activities	$135.0M	$557.0M
Cash From Investing Activities	-$679.0M	-$661.0M
Cash From Financing Activities	$607.0M	$115.0M
Net Change In Cash	$66.00M	$11.00M
YoY Change	500.0%	-102.66%
FREE CASH FLOW
Cash From Operating Activities	$135.0M	$557.0M
Capital Expenditures	$677.0M	$656.0M
Free Cash Flow	-$542.0M	-$99.00M
YoY Change	447.47%	-38.13%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q1	dei	Amendment Flag AmendmentFlag	false
CY2017Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2017Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2017Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
CY2017Q1	dei	Document Period End Date DocumentPeriodEndDate	2017-03-31
CY2017Q1	dei	Document Type DocumentType	10-Q
CY2017Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000922224
CY2017Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	683174778	shares
CY2017Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2017Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2017Q1	dei	Entity Registrant Name EntityRegistrantName	PPL Corp
CY2017Q1	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2017Q1	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2017Q1	ppl	Act129 Maximum Recoverable Costs Under Phase Iii Plan Act129MaximumRecoverableCostsUnderPhaseIiiPlan	313000000	USD
CY2017Q1	ppl	Act129 Recovery Period Under Phase Iii Plan Act129RecoveryPeriodUnderPhaseIiiPlan	P5Y
CY2016Q4	ppl	Cash Collateral Obligation Under Master Netting Arrangement CashCollateralObligationUnderMasterNettingArrangement	19000000	USD
CY2017Q1	ppl	Cash Collateral Obligation Under Master Netting Arrangement CashCollateralObligationUnderMasterNettingArrangement	13000000	USD
CY2016Q4	ppl	Cash Collateral Posted Under Master Netting Arrangements CashCollateralPostedUnderMasterNettingArrangements	3000000	USD
CY2017Q1	ppl	Cash Collateral Posted Under Master Netting Arrangements CashCollateralPostedUnderMasterNettingArrangements	2000000	USD
CY2017Q1	ppl	Collective Bargaining Agreement Term CollectiveBargainingAgreementTerm	P05Y
CY2017Q1	ppl	Common Stock Dividends Per Share Declared As Per Annum Equivalent CommonStockDividendsPerShareDeclaredAsPerAnnumEquivalent	1.58
CY2017Q1	ppl	Concentration Risk Number Of Union Employees ConcentrationRiskNumberOfUnionEmployees	1400	employees
CY2016Q1	ppl	Cumulative Effect Initial Adoption Of New Accounting Principle CumulativeEffectInitialAdoptionOfNewAccountingPrinciple	7000000	USD
CY2016Q4	ppl	Deferred Investment Tax Credit DeferredInvestmentTaxCredit	132000000	USD
CY2017Q1	ppl	Deferred Investment Tax Credit DeferredInvestmentTaxCredit	132000000	USD
CY2016Q1	ppl	Depreciation Not Normalized DepreciationNotNormalized	-1000000	USD
CY2017Q1	ppl	Depreciation Not Normalized DepreciationNotNormalized	-3000000	USD
CY2017Q1	ppl	Derivative Net Liability Position Aggregate Fair Value Alternative DerivativeNetLiabilityPositionAggregateFairValueAlternative	12000000	USD
CY2016Q1	ppl	Effective Income Tax Rate Reconciliation Change In Enacted Foreign Tax Rate Amount EffectiveIncomeTaxRateReconciliationChangeInEnactedForeignTaxRateAmount	0	USD
CY2017Q1	ppl	Effective Income Tax Rate Reconciliation Change In Enacted Foreign Tax Rate Amount EffectiveIncomeTaxRateReconciliationChangeInEnactedForeignTaxRateAmount	-3000000	USD
CY2016Q1	ppl	Income Tax Reconciliation Foreign Interest Benefit IncomeTaxReconciliationForeignInterestBenefit	-5000000	USD
CY2017Q1	ppl	Income Tax Reconciliation Foreign Interest Benefit IncomeTaxReconciliationForeignInterestBenefit	-4000000	USD
CY2016Q1	ppl	Income Tax Reconciliation Stock Based Compensation IncomeTaxReconciliationStockBasedCompensation	-8000000	USD
CY2017Q1	ppl	Income Tax Reconciliation Stock Based Compensation IncomeTaxReconciliationStockBasedCompensation	-3000000	USD
CY2016Q1	ppl	Intangible Asset Expenditures Incurred But Not Yet Paid IntangibleAssetExpendituresIncurredButNotYetPaid	64000000	USD
CY2017Q1	ppl	Intangible Asset Expenditures Incurred But Not Yet Paid IntangibleAssetExpendituresIncurredButNotYetPaid	62000000	USD
CY2017Q1	ppl	Maximum Aggregate Coverage Bodily Injury And Property Damage MaximumAggregateCoverageBodilyInjuryAndPropertyDamage	225000000	USD
CY2017Q1	ppl	Maximum Duration Of Long Term Procurement Contracts MaximumDurationOfLongTermProcurementContracts	P20Y
CY2017Q1	ppl	Maximum Percentage Of Long Term Contracts For Electric Generation Supply Service MaximumPercentageOfLongTermContractsForElectricGenerationSupplyService	0.25
CY2017Q1	ppl	Minimum Duration Of Long Term Procurement Contracts MinimumDurationOfLongTermProcurementContracts	P4Y
CY2016Q1	ppl	Net Change Unbilled Revenues NetChangeUnbilledRevenues	-18000000	USD
CY2017Q1	ppl	Net Change Unbilled Revenues NetChangeUnbilledRevenues	-52000000	USD
CY2016Q1	ppl	Net Income Available To Common Shareowners NetIncomeAvailableToCommonShareowners	479000000	USD
CY2017Q1	ppl	Net Income Available To Common Shareowners NetIncomeAvailableToCommonShareowners	402000000	USD
CY2016Q4	ppl	Property Plant And Equipment Net Nonregulated PropertyPlantAndEquipmentNetNonregulated	279000000	USD
CY2017Q1	ppl	Property Plant And Equipment Net Nonregulated PropertyPlantAndEquipmentNetNonregulated	276000000	USD
CY2017Q1	ppl	Stock Based Compensation StockBasedCompensation	-21000000	USD
CY2016Q1	ppl	Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate	-52000000	USD
CY2017Q1	ppl	Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate	-57000000	USD
CY2016Q1	ppl	Purchased Power And Gas PurchasedPowerAndGas	233000000	USD
CY2017Q1	ppl	Purchased Power And Gas PurchasedPowerAndGas	215000000	USD
CY2016Q1	ppl	Stock Based Compensation StockBasedCompensation	-28000000	USD
CY2016Q1	ppl	Unrealized Gains Losses On Derivatives And Other Hedging Activities UnrealizedGainsLossesOnDerivativesAndOtherHedgingActivities	34000000	USD
CY2017Q1	ppl	Unrealized Gains Losses On Derivatives And Other Hedging Activities UnrealizedGainsLossesOnDerivativesAndOtherHedgingActivities	-35000000	USD
CY2017Q1	ppl	Votes Per Share Of Common Stock VotesPerShareOfCommonStock	1
CY2016Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	820000000	USD
CY2017Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	700000000	USD
CY2016Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	666000000	USD
CY2017Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	702000000	USD
CY2016Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	134000000	USD
CY2017Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	137000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2728000000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3159000000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3778000000	USD
CY2017Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3777000000	USD
CY2017Q1	us-gaap	Additional Collateral Aggregate Fair Value AdditionalCollateralAggregateFairValue	10000000	USD
CY2016Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	9841000000	USD
CY2017Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	9917000000	USD
CY2016Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	18000000	USD
CY2017Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	23000000	USD
CY2016Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	54000000	USD
CY2017Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	53000000	USD
CY2016Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	488000000	USD
CY2017Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	487000000	USD
CY2017Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	5000000	USD
CY2017Q1	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	6000000	USD
CY2016Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	428000000	USD
CY2017Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	429000000	USD
CY2016Q4	us-gaap	Assets Assets	38315000000	USD
CY2017Q1	us-gaap	Assets Assets	39034000000	USD
CY2016Q4	us-gaap	Assets Current AssetsCurrent	2067000000	USD
CY2017Q1	us-gaap	Assets Current AssetsCurrent	2227000000	USD
CY2016Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	6174000000	USD
CY2017Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	6400000000	USD
CY2016Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	279000000	USD
CY2017Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	236000000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	836000000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	814000000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	341000000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	409000000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-22000000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	68000000	USD
CY2017Q1	us-gaap	Collateral Already Posted Aggregate Fair Value CollateralAlreadyPostedAggregateFairValue	2000000	USD
CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.395
CY2016Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.38
CY2017Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	682427000	shares
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.3950
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	679731000	shares
CY2017Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	682427000	shares
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1560000000	shares
CY2017Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1560000000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	679731000	shares
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	7000000	USD
CY2017Q1	us-gaap	Common Stock Value CommonStockValue	7000000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	50000000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	404000000	USD
CY2016Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	1134000000	USD
CY2017Q1	us-gaap	Construction In Progress Gross ConstructionInProgressGross	1099000000	USD
CY2016Q4	us-gaap	Customer Deposits Current CustomerDepositsCurrent	276000000	USD
CY2017Q1	us-gaap	Customer Deposits Current CustomerDepositsCurrent	277000000	USD
CY2016Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	162000000	USD
CY2017Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	161000000	USD
CY2016Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	3889000000	USD
CY2017Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	4055000000	USD
CY2016Q4	us-gaap	Defined Benefit Pension Plan Liabilities Noncurrent DefinedBenefitPensionPlanLiabilitiesNoncurrent	1001000000	USD
CY2017Q1	us-gaap	Defined Benefit Pension Plan Liabilities Noncurrent DefinedBenefitPensionPlanLiabilitiesNoncurrent	776000000	USD
CY2016Q4	us-gaap	Defined Benefit Plan Assets For Plan Benefits Noncurrent DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent	9000000	USD
CY2017Q1	us-gaap	Defined Benefit Plan Assets For Plan Benefits Noncurrent DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent	363000000	USD
CY2016Q1	us-gaap	Depreciation Depreciation	229000000	USD
CY2017Q1	us-gaap	Depreciation Depreciation	242000000	USD
CY2016Q4	us-gaap	Derivative Instruments And Hedges DerivativeInstrumentsAndHedges	63000000	USD
CY2017Q1	us-gaap	Derivative Instruments And Hedges DerivativeInstrumentsAndHedges	95000000	USD
CY2016Q4	us-gaap	Derivative Instruments And Hedges Noncurrent DerivativeInstrumentsAndHedgesNoncurrent	336000000	USD
CY2017Q1	us-gaap	Derivative Instruments And Hedges Noncurrent DerivativeInstrumentsAndHedgesNoncurrent	284000000	USD
CY2017Q1	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2017-04-03
CY2016Q1	us-gaap	Dividends Dividends	256000000	USD
CY2017Q1	us-gaap	Dividends Dividends	270000000	USD
CY2016Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	259000000	USD
CY2017Q1	us-gaap	Dividends Payable Current DividendsPayableCurrent	270000000	USD
CY2016Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.71
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.59
CY2016Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.71
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.59
CY2016Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-33000000	USD
CY2017Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	3000000	USD
CY2016Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2017Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2016Q1	us-gaap	Fuel Costs FuelCosts	197000000	USD
CY2017Q1	us-gaap	Fuel Costs FuelCosts	191000000	USD
CY2016Q4	us-gaap	Goodwill Goodwill	3060000000	USD
CY2017Q1	us-gaap	Goodwill Goodwill	3050000000	USD
CY2016Q4	us-gaap	Guarantee Obligations Current Carrying Value GuaranteeObligationsCurrentCarryingValue	22000000	USD
CY2017Q1	us-gaap	Guarantee Obligations Current Carrying Value GuaranteeObligationsCurrentCarryingValue	22000000	USD
CY2016Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	660000000	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	532000000	USD
CY2016Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	179000000	USD
CY2017Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	129000000	USD
CY2016Q1	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	6000000	USD
CY2017Q1	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	5000000	USD
CY2016Q1	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	-54000000	USD
CY2017Q1	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	-48000000	USD
CY2016Q1	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	231000000	USD
CY2017Q1	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	186000000	USD
CY2016Q1	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-1000000	USD
CY2017Q1	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-5000000	USD
CY2016Q1	us-gaap	Income Tax Reconciliation Repatriation Of Foreign Earnings IncomeTaxReconciliationRepatriationOfForeignEarnings	-2000000	USD
CY2017Q1	us-gaap	Income Tax Reconciliation Repatriation Of Foreign Earnings IncomeTaxReconciliationRepatriationOfForeignEarnings	-9000000	USD
CY2016Q1	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	13000000	USD
CY2017Q1	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	13000000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	-43000000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	-84000000	USD
CY2016Q1	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	15000000	USD
CY2017Q1	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	-21000000	USD
CY2016Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-25000000	USD
CY2017Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-44000000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	-66000000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	-60000000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	5000000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-5000000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-18000000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-5000000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	15000000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	4000000	USD
CY2016Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	86000000	USD
CY2017Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	110000000	USD
CY2016Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	62000000	USD
CY2017Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	43000000	USD
CY2016Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	0	USD
CY2017Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-2000000	USD
CY2016Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	3376000	shares
CY2017Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	2202000	shares
CY2016Q1	us-gaap	Interest Expense InterestExpense	224000000	USD
CY2016Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	700000000	USD
CY2017Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	644000000	USD
CY2017Q1	us-gaap	Interest Expense InterestExpense	217000000	USD
CY2016Q4	us-gaap	Interest Payable Current InterestPayableCurrent	270000000	USD
CY2017Q1	us-gaap	Interest Payable Current InterestPayableCurrent	299000000	USD
CY2016Q4	us-gaap	Inventory Net InventoryNet	356000000	USD
CY2017Q1	us-gaap	Inventory Net InventoryNet	312000000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	38315000000	USD
CY2017Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	39034000000	USD
CY2016Q4	us-gaap	Liabilities Current LiabilitiesCurrent	3837000000	USD
CY2017Q1	us-gaap	Liabilities Current LiabilitiesCurrent	4256000000	USD
CY2016Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	6771000000	USD
CY2017Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	6711000000	USD
CY2016Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	518000000	USD
CY2017Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	417000000	USD
CY2016Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	17808000000	USD
CY2017Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	17958000000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	115000000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	607000000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-661000000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-677000000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	557000000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	135000000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	481000000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	403000000	USD
CY2016Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	479000000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	402000000	USD
CY2016Q4	us-gaap	Nontrade Receivables Current NontradeReceivablesCurrent	46000000	USD
CY2017Q1	us-gaap	Nontrade Receivables Current NontradeReceivablesCurrent	58000000	USD
CY2016Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	823000000	USD
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	796000000	USD
CY2016Q4	us-gaap	Other Assets Current OtherAssetsCurrent	52000000	USD
CY2017Q1	us-gaap	Other Assets Current OtherAssetsCurrent	51000000	USD
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	151000000	USD
CY2017Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	151000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-464000000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-24000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax	2000000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax	1000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-384000000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-30000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-431000000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	78000000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	1000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax	19000000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax	0	USD
CY2017Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-2000000	USD
CY2016Q1	us-gaap	Other Cost Of Services OtherCostOfServices	450000000	USD
CY2017Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	465000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-31000000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-32000000	USD
CY2017Q1	us-gaap	Other Cost Of Services OtherCostOfServices	432000000	USD
CY2016Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	569000000	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
CY2017Q1	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	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	80000000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-6000000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	15000000	USD
CY2016Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	422000000	USD
CY2017Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	422000000	USD
CY2016Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	5000000	USD
CY2017Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	1000000	USD
CY2016Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	61000000	USD
CY2017Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-47000000	USD
CY2016Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-1000000	USD
CY2017Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-1000000	USD
CY2016Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	255000000	USD
CY2017Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	258000000	USD
CY2016Q1	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	6000000	USD
CY2017Q1	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	3000000	USD
CY2016Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	656000000	USD
CY2017Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	677000000	USD
CY2016Q1	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	-13000000	USD
CY2017Q1	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	-19000000	USD
CY2016Q1	us-gaap	Pension Contributions PensionContributions	123000000	USD
CY2017Q1	us-gaap	Pension Contributions PensionContributions	520000000	USD
CY2016Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	63000000	USD
CY2017Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	173000000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	42000000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	73000000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	224000000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	64000000	USD
CY2016Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-23000000	USD
CY2017Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-16000000	USD
CY2016Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	351000000	USD
CY2017Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	744000000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	30074000000	USD
CY2017Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	30407000000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	413000000	USD
CY2017Q1	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	413000000	USD
CY2016Q4	us-gaap	Public Utilities Property Plant And Equipment Accumulated Depreciation PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation	6013000000	USD
CY2017Q1	us-gaap	Public Utilities Property Plant And Equipment Accumulated Depreciation PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation	6197000000	USD
CY2016Q4	us-gaap	Public Utilities Property Plant And Equipment Net PublicUtilitiesPropertyPlantAndEquipmentNet	28661000000	USD
CY2017Q1	us-gaap	Public Utilities Property Plant And Equipment Net PublicUtilitiesPropertyPlantAndEquipmentNet	29032000000	USD
CY2016Q4	us-gaap	Public Utilities Property Plant And Equipment Plant In Service PublicUtilitiesPropertyPlantAndEquipmentPlantInService	34674000000	USD
CY2017Q1	us-gaap	Public Utilities Property Plant And Equipment Plant In Service PublicUtilitiesPropertyPlantAndEquipmentPlantInService	35229000000	USD
CY2016Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-47000000	USD
CY2017Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	31000000	USD
CY2016Q4	us-gaap	Regulatory Assets Current RegulatoryAssetsCurrent	39000000	USD
CY2017Q1	us-gaap	Regulatory Assets Current RegulatoryAssetsCurrent	36000000	USD
CY2016Q4	us-gaap	Regulatory Assets Noncurrent RegulatoryAssetsNoncurrent	1918000000	USD
CY2017Q1	us-gaap	Regulatory Assets Noncurrent RegulatoryAssetsNoncurrent	1908000000	USD
CY2016Q4	us-gaap	Regulatory Liability Current RegulatoryLiabilityCurrent	101000000	USD
CY2017Q1	us-gaap	Regulatory Liability Current RegulatoryLiabilityCurrent	82000000	USD
CY2016Q4	us-gaap	Regulatory Liability Noncurrent RegulatoryLiabilityNoncurrent	899000000	USD
CY2017Q1	us-gaap	Regulatory Liability Noncurrent RegulatoryLiabilityNoncurrent	897000000	USD
CY2016Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	224000000	USD
CY2017Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3829000000	USD
CY2017Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3962000000	USD
CY2016Q1	us-gaap	Revenues Revenues	2011000000	USD
CY2017Q1	us-gaap	Revenues Revenues	1951000000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	13000000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	19000000	USD
CY2016Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	923000000	USD
CY2017Q1	us-gaap	Short Term Borrowings ShortTermBorrowings	1666000000	USD
CY2016Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	402000	shares
CY2017Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	445000	shares
CY2016Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	2125000	shares
CY2017Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	887000	shares
CY2016Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	70000000	USD
CY2017Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	97000000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	9919000000	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	9762000000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	9899000000	USD
CY2017Q1	us-gaap	Stockholders Equity StockholdersEquity	10109000000	USD
CY2016Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	101000000	USD
CY2017Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	80000000	USD
CY2016Q4	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	480000000	USD
CY2017Q1	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	427000000	USD
CY2016Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	2000000	USD
CY2017Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	1000000	USD
CY2016Q1	us-gaap	Utilities Operating Expense UtilitiesOperatingExpense	1188000000	USD
CY2017Q1	us-gaap	Utilities Operating Expense UtilitiesOperatingExpense	1155000000	USD
CY2016Q1	us-gaap	Utilities Operating Expense Depreciation And Amortization UtilitiesOperatingExpenseDepreciationAndAmortization	229000000	USD
CY2017Q1	us-gaap	Utilities Operating Expense Depreciation And Amortization UtilitiesOperatingExpenseDepreciationAndAmortization	242000000	USD
CY2016Q1	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	79000000	USD
CY2017Q1	us-gaap	Utilities Operating Expense Taxes UtilitiesOperatingExpenseTaxes	75000000	USD
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	678817000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	683084000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	675441000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	680882000	shares
CY2017Q1	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">17. New Accounting Guidance Pending Adoption</font><font style="font-family:Arial;font-size:10pt;font-weight:bold;"> </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(All Registrants)</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Accounting for Revenue from Contracts with Customers</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the Financial Accounting Standards Board (FASB) issued accounting guidance that establishes a comprehensive new model for the recognition of revenue from contracts with customers. This model is based on the core principle that revenue should be recognized to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For public business entities, this guidance can be applied using either a full retrospective or modified retrospective transition method, beginning in annual reporting periods after December 15, 2017 and interim periods within those years. The Registrants will adopt this guidance effective January 1, 2018.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Registrants have performed an assessment of a significant portion of their revenue under this new guidance to determine its effect on their current revenue recognition policies, and at this time they do not believe it will have a material impact. However, the Registrants will continue to monitor the development of industry specific application guidance which could have an impact on their assessments. The Registrants are currently assessing the disclosure requirements included in the standard, which will result in increased information being provided to enable the users of the financial statements to understand the nature, amount, timing and uncertainty of revenue arising from contracts with customers. The Registrants will determine the transition method they will apply after the industry specific application guidance is final and the implications of using either the full retrospective or modified retrospective transition methods are known. </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Accounting for Leases</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued 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). For income statement purposes, the FASB retained a dual model for lessees, requiring leases to be classified as either operating or finance. Operating leases will result in straight-line expense (similar to current operating leases) while finance leases will result in a front-loaded expense pattern (similar to current capital leases). Classification will be based on criteria that are largely similar to those applied in current lease accounting, but without explicit bright lines.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Lessor accounting under the new guidance is similar to the current model, but updated to align with certain changes to the lessee model and the new revenue recognition standard. Similar to current practice, lessors will classify leases as operating, direct financing, or sales-type.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The standard is effective for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Early adoption is permitted. The new standard must be adopted using a modified retrospective transition, and provides for certain practical expedients. Transition will require application of the new guidance at the beginning of the earliest comparative period presented.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Registrants are currently assessing the impact of adopting this guidance and the period they will adopt it.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Accounting for Financial Instrument Credit Losses</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued accounting guidance that requires the use of a current expected credit loss (CECL) model for the measurement of credit losses on financial instruments within the scope of this guidance, which includes accounts receivable. The CECL model requires an entity to measure credit losses using historical information, current information and reasonable and supportable forecasts of future events, rather than the incurred loss impairment model required under current GAAP.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For public business entities, this guidance will be applied using a modified retrospective approach and is effective for fiscal years beginning after December 15, 2019, and interim periods within those years. All entities may early adopt this guidance in annual reporting periods beginning after December 15, 2018, including interim periods within those years.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Registrants are currently assessing the impact of adopting this guidance and the period they will adopt it.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2017, the FASB issued accounting guidance that changes the income statement presentation of net periodic benefit cost. This new guidance requires the service cost component to be disaggregated from other components of net benefit cost and presented in the same income statement line items as other employee compensation costs arising from services rendered during the period. The other components of net periodic benefits will be presented separately from the line items that include the service cost and outside of any subtotal of operating income. Only the service cost component is eligible for capitalization. </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For public business entities, the guidance on the presentation of the components of net periodic benefit costs will be applied retrospectively. The guidance that limits the capitalization to the service cost component of net periodic benefit costs will be applied prospectively. This guidance is effective for fiscal years beginning after December 15, 2017 and interim periods within those years. </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Registrants are currently assessing the impact of adopting this guidance and will adopt this guidance effective January 1, 2018.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(PPL, LKE, LG&E and KU)</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Simplifying the Test for Goodwill Impairment</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2017, the FASB issued accounting guidance that simplifies the test for goodwill impairment by eliminating the second step of the quantitative test. The second step of the quantitative test requires a calculation of the implied fair value of goodwill, which is determined in the same manner as the amount of goodwill in a business combination. Under this new guidance, an entity will now compare the estimated fair value of a reporting unit with its carrying value and recognize an impairment charge for the amount the carrying amount exceeds the fair value of the reporting unit. </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For public business entities, this guidance will be applied prospectively and is effective for annual or any interim goodwill impairment tests for fiscal years beginning after December 15, 2019. All entities may early adopt this guidance for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Registrants are currently assessing the impact of adopting this guidance and the period they will adopt it.</font></div></div>

Files In Submission

Name	View Source	Status
0000922224-17-000029-index-headers.html	Edgar Link	pending
0000922224-17-000029-index.html	Edgar Link	pending
0000922224-17-000029.txt	Edgar Link	pending
0000922224-17-000029-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
ppl-20170331.xml	Edgar Link	completed
ppl-20170331.xsd	Edgar Link	pending
ppl-20170331_cal.xml	Edgar Link	unprocessable
ppl-20170331_def.xml	Edgar Link	unprocessable
ppl-20170331_lab.xml	Edgar Link	unprocessable
ppl-20170331_pre.xml	Edgar Link	unprocessable
ppl-3312017x10q.htm	Edgar Link	pending
ppl-3312017_ex10a.htm	Edgar Link	pending
ppl-3312017_ex12a.htm	Edgar Link	pending
ppl-3312017_ex12b.htm	Edgar Link	pending
ppl-3312017_ex12c.htm	Edgar Link	pending
ppl-3312017_ex12d.htm	Edgar Link	pending
ppl-3312017_ex12e.htm	Edgar Link	pending
ppl-3312017_ex31a.htm	Edgar Link	pending
ppl-3312017_ex31b.htm	Edgar Link	pending
ppl-3312017_ex31c.htm	Edgar Link	pending
ppl-3312017_ex31d.htm	Edgar Link	pending
ppl-3312017_ex31e.htm	Edgar Link	pending
ppl-3312017_ex31f.htm	Edgar Link	pending
ppl-3312017_ex31g.htm	Edgar Link	pending
ppl-3312017_ex31h.htm	Edgar Link	pending
ppl-3312017_ex31i.htm	Edgar Link	pending
ppl-3312017_ex31j.htm	Edgar Link	pending
ppl-3312017_ex32a.htm	Edgar Link	pending
ppl-3312017_ex32b.htm	Edgar Link	pending
ppl-3312017_ex32c.htm	Edgar Link	pending
ppl-3312017_ex32d.htm	Edgar Link	pending
ppl-3312017_ex32e.htm	Edgar Link	pending
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
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$PPL
PPL Corp Stock $ppl

2017 Q1 Form 10-Q Financial Statement

#000092222417000029 Filed on May 04, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PPL PPL Corp Stock $ppl

2017 Q1 Form 10-Q Financial Statement

#000092222417000029 Filed on May 04, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PPL
PPL Corp Stock $ppl