2019 Q1 Form 10-Q Financial Statement
#000092222419000036 Filed on May 02, 2019
Income Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
Revenue | $2.079B | $2.126B |
YoY Change | -2.21% | 8.97% |
Cost Of Revenue | $250.0M | $241.0M |
YoY Change | 3.73% | 12.09% |
Gross Profit | $1.829B | $1.885B |
YoY Change | -2.97% | 8.58% |
Gross Profit Margin | 87.97% | 88.66% |
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $284.0M | $269.0M |
YoY Change | 5.58% | 11.16% |
% of Gross Profit | 15.53% | 14.27% |
Operating Expenses | $1.048B | $1.034B |
YoY Change | 1.35% | 10.0% |
Operating Profit | $781.0M | $851.0M |
YoY Change | -8.23% | 12.27% |
Interest Expense | $241.0M | $239.0M |
YoY Change | 0.84% | 10.14% |
% of Operating Profit | 30.86% | 28.08% |
Other Income/Expense, Net | $52.00M | -$43.00M |
YoY Change | -220.93% | 377.78% |
Pretax Income | $592.0M | $569.0M |
YoY Change | 4.04% | 6.95% |
Income Tax | $126.0M | $117.0M |
% Of Pretax Income | 21.28% | 20.56% |
Net Earnings | $466.0M | $452.0M |
YoY Change | 3.1% | 12.16% |
Net Earnings / Revenue | 22.41% | 21.26% |
Basic Earnings Per Share | $0.65 | $0.65 |
Diluted Earnings Per Share | $0.64 | $0.65 |
COMMON SHARES | ||
Basic Shares Outstanding | 721.0M shares | 694.5M shares |
Diluted Shares Outstanding | 730.0M shares | 695.3M shares |
Balance Sheet
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $518.0M | $629.0M |
YoY Change | -17.65% | 53.79% |
Cash & Equivalents | $518.0M | $629.0M |
Short-Term Investments | ||
Other Short-Term Assets | $62.00M | $49.00M |
YoY Change | 26.53% | -3.92% |
Inventory | $274.0M | $279.0M |
Prepaid Expenses | $157.0M | $139.0M |
Receivables | $749.0M | $760.0M |
Other Receivables | $104.0M | $89.00M |
Total Short-Term Assets | $2.429B | $2.490B |
YoY Change | -2.45% | 11.81% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $35.31B | $33.74B |
YoY Change | 4.66% | 10.95% |
Goodwill | $3.260B | $3.302B |
YoY Change | -1.27% | 8.26% |
Intangibles | $728.0M | $703.0M |
YoY Change | 3.56% | 9.16% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $290.0M | $140.0M |
YoY Change | 107.14% | -7.28% |
Total Long-Term Assets | $6.831B | $6.162B |
YoY Change | 10.86% | -3.72% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.429B | $2.490B |
Total Long-Term Assets | $6.831B | $6.162B |
Total Assets | $44.57B | $42.39B |
YoY Change | 5.14% | 8.59% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $823.0M | $836.0M |
YoY Change | -1.56% | 19.43% |
Accrued Expenses | $353.0M | $323.0M |
YoY Change | 9.29% | 8.03% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $1.428B | $1.457B |
YoY Change | -1.99% | -12.55% |
Long-Term Debt Due | $202.0M | $250.0M |
YoY Change | -19.2% | -40.05% |
Total Short-Term Liabilities | $4.061B | $4.238B |
YoY Change | -4.18% | -0.42% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $21.11B | $20.21B |
YoY Change | 4.45% | 12.56% |
Other Long-Term Liabilities | $469.0M | $441.0M |
YoY Change | 6.35% | 4.5% |
Total Long-Term Liabilities | $7.220B | $6.760B |
YoY Change | 6.8% | 0.73% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $4.061B | $4.238B |
Total Long-Term Liabilities | $7.220B | $6.760B |
Total Liabilities | $11.28B | $11.00B |
YoY Change | 2.57% | 0.28% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $4.761B | $4.037B |
YoY Change | 17.93% | 1.89% |
Common Stock | $11.06B | $10.42B |
YoY Change | 6.14% | 4.98% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $12.17B | $11.18B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $44.57B | $42.39B |
YoY Change | 5.14% | 8.59% |
Cashflow Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $466.0M | $452.0M |
YoY Change | 3.1% | 12.16% |
Depreciation, Depletion And Amortization | $284.0M | $269.0M |
YoY Change | 5.58% | 11.16% |
Cash From Operating Activities | $474.0M | $566.0M |
YoY Change | -16.25% | 319.26% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $729.0M | $750.0M |
YoY Change | -2.8% | 10.78% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$5.000M | $3.000M |
YoY Change | -266.67% | -400.0% |
Cash From Investing Activities | -$722.0M | -$753.0M |
YoY Change | -4.12% | 10.9% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $22.00M | $100.0M |
YoY Change | -78.0% | 36.99% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $142.0M | $331.0M |
YoY Change | -57.1% | -45.47% |
NET CHANGE | ||
Cash From Operating Activities | $474.0M | $566.0M |
Cash From Investing Activities | -$722.0M | -$753.0M |
Cash From Financing Activities | $142.0M | $331.0M |
Net Change In Cash | -$103.0M | $142.0M |
YoY Change | -172.54% | 115.15% |
FREE CASH FLOW | ||
Cash From Operating Activities | $474.0M | $566.0M |
Capital Expenditures | $729.0M | $750.0M |
Free Cash Flow | -$255.0M | -$184.0M |
YoY Change | 38.59% | -66.05% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2019Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2019Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
PPL Corp | |
CY2019Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2019Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2019Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2019Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2019 | |
CY2019Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2019-03-31 | |
CY2019Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2019Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000922224 | |
CY2019Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
721742302 | shares |
CY2019Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2019Q1 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2019Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
false | |
CY2018Q1 | ppl |
Alternative Revenue Programs
AlternativeRevenuePrograms
|
32000000 | USD |
CY2019Q1 | ppl |
Alternative Revenue Programs
AlternativeRevenuePrograms
|
6000000 | USD |
CY2018Q1 | ppl |
Amortization Of Excess Deferred Income Taxes
AmortizationOfExcessDeferredIncomeTaxes
|
-10000000 | USD |
CY2019Q1 | ppl |
Amortization Of Excess Deferred Income Taxes
AmortizationOfExcessDeferredIncomeTaxes
|
-11000000 | USD |
CY2018Q4 | ppl |
Amount Of Alleged Improper Distribution
AmountOfAllegedImproperDistribution
|
733000000 | USD |
CY2018Q1 | ppl |
Charitable Contributions
CharitableContributions
|
4000000 | USD |
CY2019Q1 | ppl |
Charitable Contributions
CharitableContributions
|
2000000 | USD |
CY2018Q1 | ppl |
Common Stock Aggregate Sales Price
CommonStockAggregateSalesPrice
|
1000000000 | USD |
CY2019Q1 | ppl |
Common Stock Dividends Per Share Declared As Per Annum Equivalent
CommonStockDividendsPerShareDeclaredAsPerAnnumEquivalent
|
1.65 | |
CY2018Q4 | ppl |
Current Customer Deposits
CurrentCustomerDeposits
|
257000000 | USD |
CY2019Q1 | ppl |
Current Customer Deposits
CurrentCustomerDeposits
|
260000000 | USD |
CY2018Q4 | ppl |
Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
|
126000000 | USD |
CY2019Q1 | ppl |
Deferred Investment Tax Credit
DeferredInvestmentTaxCredit
|
125000000 | USD |
CY2018Q1 | ppl |
Defined Benefit Plan Net Periodic Benefit Cost Credit Non Service
DefinedBenefitPlanNetPeriodicBenefitCostCreditNonService
|
68000000 | USD |
CY2019Q1 | ppl |
Defined Benefit Plan Net Periodic Benefit Cost Credit Non Service
DefinedBenefitPlanNetPeriodicBenefitCostCreditNonService
|
80000000 | USD |
CY2019Q1 | ppl |
Derivative Net Liability Position Aggregate Fair Value Alternative
DerivativeNetLiabilityPositionAggregateFairValueAlternative
|
7000000 | USD |
CY2018Q1 | ppl |
Incremental Common Shares Attributableto Dilutive Effectof Equity Forward Sales Agreements
IncrementalCommonSharesAttributabletoDilutiveEffectofEquityForwardSalesAgreements
|
0 | shares |
CY2019Q1 | ppl |
Incremental Common Shares Attributableto Dilutive Effectof Equity Forward Sales Agreements
IncrementalCommonSharesAttributabletoDilutiveEffectofEquityForwardSalesAgreements
|
7907000 | shares |
CY2018Q1 | ppl |
Intangible Asset Expenditures Incurred But Not Yet Paid
IntangibleAssetExpendituresIncurredButNotYetPaid
|
65000000 | USD |
CY2019Q1 | ppl |
Intangible Asset Expenditures Incurred But Not Yet Paid
IntangibleAssetExpendituresIncurredButNotYetPaid
|
64000000 | USD |
CY2019Q1 | ppl |
Maximum Aggregate Coverage Bodily Injury And Property Damage
MaximumAggregateCoverageBodilyInjuryAndPropertyDamage
|
225000000 | USD |
CY2019Q1 | ppl |
Stock Based Compensation
StockBasedCompensation
|
-2000000 | USD |
CY2019Q1 | ppl |
Other Nonoperating Income Miscellaneous
OtherNonoperatingIncomeMiscellaneous
|
6000000 | USD |
CY2018Q1 | ppl |
Other Revenue
OtherRevenue
|
-16000000 | USD |
CY2019Q1 | ppl |
Other Revenue
OtherRevenue
|
10000000 | USD |
CY2018Q4 | ppl |
Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
|
254000000 | USD |
CY2019Q1 | ppl |
Property Plant And Equipment Net Nonregulated
PropertyPlantAndEquipmentNetNonregulated
|
253000000 | USD |
CY2018Q1 | ppl |
Purchased Power And Gas
PurchasedPowerAndGas
|
241000000 | USD |
CY2019Q1 | ppl |
Maximum Percentage Paid To Selling Agents
MaximumPercentagePaidToSellingAgents
|
0.02 | |
CY2018Q1 | ppl |
Net Change Unbilled Revenues
NetChangeUnbilledRevenues
|
-58000000 | USD |
CY2019Q1 | ppl |
Net Change Unbilled Revenues
NetChangeUnbilledRevenues
|
-48000000 | USD |
CY2018Q1 | ppl |
Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
|
451000000 | USD |
CY2019Q1 | ppl |
Net Income Available To Common Shareowners
NetIncomeAvailableToCommonShareowners
|
466000000 | USD |
CY2018Q1 | ppl |
Other Nonoperating Expense Miscellaneous
OtherNonoperatingExpenseMiscellaneous
|
1000000 | USD |
CY2019Q1 | ppl |
Other Nonoperating Expense Miscellaneous
OtherNonoperatingExpenseMiscellaneous
|
10000000 | USD |
CY2018Q1 | ppl |
Other Nonoperating Income Miscellaneous
OtherNonoperatingIncomeMiscellaneous
|
1000000 | USD |
CY2019Q1 | ppl |
Purchased Power And Gas
PurchasedPowerAndGas
|
250000000 | USD |
CY2015Q2 | ppl |
Restructuring And Related Activities Ownership Percentage By Riverstone
RestructuringAndRelatedActivitiesOwnershipPercentageByRiverstone
|
0.35 | |
CY2018Q1 | ppl |
Stock Based Compensation
StockBasedCompensation
|
-9000000 | USD |
CY2018Q1 | ppl |
Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate
|
-2000000 | USD |
CY2019Q1 | ppl |
Total Increase Decrease To Federal Income Tax On Income From Continuing Operations At Statutory Tax Rate
TotalIncreaseDecreaseToFederalIncomeTaxOnIncomeFromContinuingOperationsAtStatutoryTaxRate
|
2000000 | USD |
CY2018Q1 | ppl |
Unrealized Gains Losses On Derivatives And Other Hedging Activities
UnrealizedGainsLossesOnDerivativesAndOtherHedgingActivities
|
-85000000 | USD |
CY2019Q1 | ppl |
Unrealized Gains Losses On Derivatives And Other Hedging Activities
UnrealizedGainsLossesOnDerivativesAndOtherHedgingActivities
|
-53000000 | USD |
CY2018Q1 | ppl |
Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
|
1 | vote |
CY2019Q1 | ppl |
Votes Per Share Of Common Stock
VotesPerShareOfCommonStock
|
1 | vote |
CY2018Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
989000000 | USD |
CY2019Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
823000000 | USD |
CY2018Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
663000000 | USD |
CY2019Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
749000000 | USD |
CY2018Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
101000000 | USD |
CY2019Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
104000000 | USD |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-3422000000 | USD |
CY2018Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-3279000000 | USD |
CY2018Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-3964000000 | USD |
CY2019Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-3647000000 | USD |
CY2019Q1 | us-gaap |
Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
|
7000000 | USD |
CY2018Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
11021000000 | USD |
CY2019Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
11051000000 | USD |
CY2018Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
21000000 | USD |
CY2019Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
22000000 | USD |
CY2018Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
56000000 | USD |
CY2019Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
61000000 | USD |
CY2018Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
347000000 | USD |
CY2019Q1 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
340000000 | USD |
CY2019Q1 | us-gaap |
Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
|
-2000000 | USD |
CY2019Q1 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
4000000 | USD |
CY2018Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
621000000 | USD |
CY2018Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
653000000 | USD |
CY2018Q4 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
6506000000 | USD |
CY2019Q1 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
6831000000 | USD |
CY2018Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
313000000 | USD |
CY2019Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
322000000 | USD |
CY2019Q1 | us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
21000000 | USD |
CY2019Q1 | us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
8000000 | USD |
CY2018Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
264000000 | USD |
CY2019Q1 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
267000000 | USD |
CY2018Q4 | us-gaap |
Assets
Assets
|
43396000000 | USD |
CY2019Q1 | us-gaap |
Assets
Assets
|
44567000000 | USD |
CY2018Q4 | us-gaap |
Assets Current
AssetsCurrent
|
2432000000 | USD |
CY2019Q1 | us-gaap |
Assets Current
AssetsCurrent
|
2429000000 | USD |
CY2019Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
518000000 | USD |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
511000000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
643000000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
540000000 | USD |
CY2018Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
142000000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-103000000 | USD |
CY2019Q1 | us-gaap |
Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
|
0 | USD |
CY2018Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2019Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2019Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.4125 | |
CY2018Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.4100 | |
CY2019Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.4125 | |
CY2018Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2019Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1560000000 | shares |
CY2019Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1560000000 | shares |
CY2018Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
720323000 | shares |
CY2019Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
721371000 | shares |
CY2018Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
720323000 | shares |
CY2019Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
721371000 | shares |
CY2018Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
7000000 | USD |
CY2019Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
7000000 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
595000000 | USD |
CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
783000000 | USD |
CY2018Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
1780000000 | USD |
CY2019Q1 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
1834000000 | USD |
CY2017Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
29000000 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
20000000 | USD |
CY2018Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
42000000 | USD |
CY2019Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
37000000 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
17000000 | USD |
CY2019Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
25000000 | USD |
CY2018Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
59000000 | USD |
CY2019Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
89000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
2796000000 | USD |
CY2019Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
2941000000 | USD |
CY2018Q4 | us-gaap |
Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
771000000 | USD |
CY2019Q1 | us-gaap |
Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
718000000 | USD |
CY2018Q4 | us-gaap |
Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
535000000 | USD |
CY2019Q1 | us-gaap |
Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
715000000 | USD |
CY2018Q1 | us-gaap |
Depreciation
Depreciation
|
269000000 | USD |
CY2019Q1 | us-gaap |
Depreciation
Depreciation
|
284000000 | USD |
CY2018Q4 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
40000000 | USD |
CY2019Q1 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
17000000 | USD |
CY2018Q4 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
0 | USD |
CY2019Q1 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
0 | USD |
CY2018Q4 | us-gaap |
Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
|
109000000 | USD |
CY2019Q1 | us-gaap |
Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
|
109000000 | USD |
CY2018Q4 | us-gaap |
Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
|
228000000 | USD |
CY2019Q1 | us-gaap |
Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
|
172000000 | USD |
CY2018Q1 | us-gaap |
Dividends
Dividends
|
286000000 | USD |
CY2019Q1 | us-gaap |
Dividends
Dividends
|
298000000 | USD |
CY2018Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
296000000 | USD |
CY2019Q1 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
298000000 | USD |
CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.65 | |
CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.65 | |
CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.65 | |
CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.64 | |
CY2018Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-2000000 | USD |
CY2019Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3000000 | USD |
CY2018Q1 | us-gaap |
Fuel Costs
FuelCosts
|
214000000 | USD |
CY2019Q1 | us-gaap |
Fuel Costs
FuelCosts
|
194000000 | USD |
CY2018Q1 | us-gaap |
Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
|
-112000000 | USD |
CY2019Q1 | us-gaap |
Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
|
-33000000 | USD |
CY2018Q1 | us-gaap |
Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
|
0 | USD |
CY2019Q1 | us-gaap |
Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
|
0 | USD |
CY2018Q4 | us-gaap |
Goodwill
Goodwill
|
3162000000 | USD |
CY2019Q1 | us-gaap |
Goodwill
Goodwill
|
3260000000 | USD |
CY2018Q4 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
6000000 | USD |
CY2019Q1 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
6000000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
569000000 | USD |
CY2019Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
592000000 | USD |
CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
117000000 | USD |
CY2019Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
126000000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-94000000 | USD |
CY2018Q1 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
7000000 | USD |
CY2019Q1 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
7000000 | USD |
CY2018Q1 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-7000000 | USD |
CY2019Q1 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-8000000 | USD |
CY2018Q1 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
119000000 | USD |
CY2019Q1 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
124000000 | USD |
CY2018Q1 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-7000000 | USD |
CY2019Q1 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
1000000 | USD |
CY2018Q1 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
15000000 | USD |
CY2019Q1 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
13000000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-36000000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
39000000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
48000000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-43000000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-31000000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-120000000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-72000000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
30000000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
20000000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-6000000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
21000000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-12000000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-10000000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
73000000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
86000000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
71000000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
57000000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
|
-64000000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
|
25000000 | USD |
CY2018Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
808000 | shares |
CY2019Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1023000 | shares |
CY2018Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
716000000 | USD |
CY2019Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
728000000 | USD |
CY2018Q1 | us-gaap |
Interest Expense
InterestExpense
|
239000000 | USD |
CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
241000000 | USD |
CY2018Q1 | us-gaap |
Interest Income Other
InterestIncomeOther
|
0 | USD |
CY2019Q1 | us-gaap |
Interest Income Other
InterestIncomeOther
|
6000000 | USD |
CY2018Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
278000000 | USD |
CY2019Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
332000000 | USD |
CY2018Q4 | us-gaap |
Inventory Net
InventoryNet
|
303000000 | USD |
CY2019Q1 | us-gaap |
Inventory Net
InventoryNet
|
274000000 | USD |
CY2019Q1 | us-gaap |
Lease Cost
LeaseCost
|
9000000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
104000000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
23000000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
20000000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
7000000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
7000000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
10000000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
14000000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
23000000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
58000000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
4000000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
4000000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
13000000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
11000000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
12000000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
4000000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
10000000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
43396000000 | USD |
CY2019Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
44567000000 | USD |
CY2018Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4563000000 | USD |
CY2019Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4061000000 | USD |
CY2018Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
7107000000 | USD |
CY2019Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
7220000000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
530000000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
202000000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
20069000000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
21114000000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
331000000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
142000000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-753000000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-722000000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
566000000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
474000000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
452000000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
466000000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
451000000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
466000000 | USD |
CY2018Q4 | us-gaap |
Nontrade Receivables Current
NontradeReceivablesCurrent
|
107000000 | USD |
CY2019Q1 | us-gaap |
Nontrade Receivables Current
NontradeReceivablesCurrent
|
104000000 | USD |
CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
851000000 | USD |
CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
781000000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
8000000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
4000000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
21000000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
23000000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
64000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
33000000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
67000000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
8000000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
76000000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
81000000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0374 | |
CY2019Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
116000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
26000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
8000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
13000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
15000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
21000000 | USD |
CY2018Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
63000000 | USD |
CY2019Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
62000000 | USD |
CY2018Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
192000000 | USD |
CY2019Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
290000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-1000000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-3000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
|
0 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
|
-1000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
116000000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
294000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
0 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
0 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
95000000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
272000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
143000000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
317000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-12000000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-24000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
|
-2000000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
|
-6000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
-36000000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
-21000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
-9000000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
-5000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-20000000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-19000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
-4000000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
-4000000 | USD |
CY2018Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
551000000 | USD |
CY2019Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
506000000 | USD |
CY2018Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
436000000 | USD |
CY2019Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
469000000 | USD |
CY2018Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
3000000 | USD |
CY2019Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
3000000 | USD |
CY2018Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
117000000 | USD |
CY2019Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
45000000 | USD |
CY2018Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
74000000 | USD |
CY2019Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
97000000 | USD |
CY2018Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-43000000 | USD |
CY2019Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
52000000 | USD |
CY2018Q1 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
0 | USD |
CY2019Q1 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
-57000000 | USD |
CY2018Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
3000000 | USD |
CY2019Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-5000000 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
273000000 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
296000000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
0 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
55000000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
750000000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
729000000 | USD |
CY2018Q1 | us-gaap |
Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
|
-50000000 | USD |
CY2019Q1 | us-gaap |
Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
|
-66000000 | USD |
CY2018Q1 | us-gaap |
Pension Contributions
PensionContributions
|
150000000 | USD |
CY2019Q1 | us-gaap |
Pension Contributions
PensionContributions
|
127000000 | USD |
CY2018Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
70000000 | USD |
CY2019Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
157000000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
100000000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
22000000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
144000000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
CY2018Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-9000000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-8000000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
369000000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
424000000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
34458000000 | USD |
CY2019Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
35307000000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
355000000 | USD |
CY2019Q1 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
357000000 | USD |
CY2018Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
10000000 | USD |
CY2019Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
9000000 | USD |
CY2018Q1 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
|
5000000 | USD |
CY2019Q1 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
|
5000000 | USD |
CY2018Q4 | us-gaap |
Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
|
7310000000 | USD |
CY2019Q1 | us-gaap |
Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
|
7532000000 | USD |
CY2018Q4 | us-gaap |
Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
|
32424000000 | USD |
CY2019Q1 | us-gaap |
Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
|
33220000000 | USD |
CY2018Q4 | us-gaap |
Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
|
39734000000 | USD |
CY2019Q1 | us-gaap |
Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
|
40752000000 | USD |
CY2018Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
48000000 | USD |
CY2019Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
45000000 | USD |
CY2018Q4 | us-gaap |
Regulatory Assets Current
RegulatoryAssetsCurrent
|
36000000 | USD |
CY2019Q1 | us-gaap |
Regulatory Assets Current
RegulatoryAssetsCurrent
|
38000000 | USD |
CY2018Q4 | us-gaap |
Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
|
1673000000 | USD |
CY2019Q1 | us-gaap |
Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
|
1666000000 | USD |
CY2018Q4 | us-gaap |
Regulatory Liability Current
RegulatoryLiabilityCurrent
|
122000000 | USD |
CY2019Q1 | us-gaap |
Regulatory Liability Current
RegulatoryLiabilityCurrent
|
100000000 | USD |
CY2018Q4 | us-gaap |
Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
|
2714000000 | USD |
CY2019Q1 | us-gaap |
Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
|
2700000000 | USD |
CY2018Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
3000000 | USD |
CY2019Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
3000000 | USD |
CY2018Q4 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
19000000 | USD |
CY2019Q1 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
19000000 | USD |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
4593000000 | USD |
CY2019Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
4761000000 | USD |
CY2018Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2142000000 | USD |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2063000000 | USD |
CY2018Q1 | us-gaap |
Revenues
Revenues
|
2126000000 | USD |
CY2019Q1 | us-gaap |
Revenues
Revenues
|
2079000000 | USD |
CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
4000000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
15000000 | USD |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14000000 | USD |
CY2018Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1430000000 | USD |
CY2019Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1428000000 | USD |
CY2019Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
1000000 | USD |
CY2018Q1 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
485000 | shares |
CY2019Q1 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
458000 | shares |
CY2019Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
0 | shares |
CY2018Q1 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
476000 | shares |
CY2019Q1 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
590000 | shares |
CY2018Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
115000000 | USD |
CY2019Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
32000000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10761000000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11176000000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11657000000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12172000000 | USD |
CY2018Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
110000000 | USD |
CY2019Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
112000000 | USD |
CY2018Q4 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
496000000 | USD |
CY2019Q1 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
456000000 | USD |
CY2018Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
1000000 | USD |
CY2019Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | USD |
CY2018Q1 | us-gaap |
Utilities Operating Expense
UtilitiesOperatingExpense
|
1275000000 | USD |
CY2019Q1 | us-gaap |
Utilities Operating Expense
UtilitiesOperatingExpense
|
1298000000 | USD |
CY2018Q1 | us-gaap |
Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
|
269000000 | USD |
CY2019Q1 | us-gaap |
Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
|
284000000 | USD |
CY2018Q1 | us-gaap |
Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
|
468000000 | USD |
CY2019Q1 | us-gaap |
Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
|
490000000 | USD |
CY2018Q1 | us-gaap |
Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
|
83000000 | USD |
CY2019Q1 | us-gaap |
Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
|
80000000 | USD |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
695322000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
729953000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
694514000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
721023000 | shares |
CY2019Q1 | 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;">18. New Accounting Guidance Pending Adoption</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;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;"><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;"><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 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. The Registrants will adopt this guidance on January 1, 2020. The Registrants are currently assessing the impact of adopting this guidance.</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;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Accounting for Implementation Costs in a Cloud Computing Service Arrangement</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:left;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;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued accounting guidance that requires a customer in a cloud computing hosting arrangement that is a service contract to capitalize implementation costs consistent with internal-use software guidance for non-service arrangements. Prior guidance had not addressed these implementation costs. The guidance requires these capitalized implementation costs to be amortized over the term of the hosting arrangement to the statement of income line item where the service arrangement costs are recorded. The guidance also prescribes the financial statement classification of the capitalized implementation costs and cash flows associated with the arrangement. Additional quantitative and qualitative disclosures are also required.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:left;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;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For public business entities, this guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. This standard must be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:left;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;text-align:left;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 standard as of the beginning of the period adopted, which will be January 1, 2020. Key implementation activities in process of being completed include assessing the population of cloud computing hosting arrangements in the scope of this guidance and identifying and evaluating industry issues.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:left;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. The Registrants will adopt this guidance on January 1, 2020. The Registrants are currently assessing the impact of adopting this guidance.</font></div></div> |