XML 82 R63.htm IDEA: XBRL DOCUMENT v3.24.3
Fair Value Measurements - Assets and Liabilities Measured on Recurring Basis Table (Details) - Recurring Fair Value Measurements [Member] - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 542 $ 331
Restricted cash and cash equivalents 41 51
Total Cash, Cash Equivalents and Restricted Cash 583 382
Special Use Funds [Abstract]    
Money market fund 1 1
Commingled debt fund measured at NAV 4 9
Commingled equity fund measured at NAV 4 8
Total special use funds 9 18
Gas Contracts 2 1
Price risk management assets:    
Total Assets 594 401
Price risk management liabilities:    
Interest rate swaps 7 7
Gas Contracts 27 60
Total price risk management liabilities 34 67
Level 1 [Member]    
Assets    
Cash and cash equivalents 542 331
Restricted cash and cash equivalents 41 51
Total Cash, Cash Equivalents and Restricted Cash 583 382
Special Use Funds [Abstract]    
Money market fund 1 1
Total special use funds 1 1
Gas Contracts 0 0
Price risk management assets:    
Total Assets 584 383
Price risk management liabilities:    
Interest rate swaps 0 0
Gas Contracts 0 0
Total price risk management liabilities 0 0
Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 0 0
Total Cash, Cash Equivalents and Restricted Cash 0 0
Special Use Funds [Abstract]    
Money market fund 0 0
Total special use funds 0 0
Gas Contracts 1 1
Price risk management assets:    
Total Assets 1 1
Price risk management liabilities:    
Interest rate swaps 7 7
Gas Contracts 22 41
Total price risk management liabilities 29 48
Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 0 0
Total Cash, Cash Equivalents and Restricted Cash 0 0
Special Use Funds [Abstract]    
Money market fund 0 0
Total special use funds 0 0
Gas Contracts 1 0
Price risk management assets:    
Total Assets 1 0
Price risk management liabilities:    
Interest rate swaps 0 0
Gas Contracts 5 19
Total price risk management liabilities 5 19
Level 3 [Member] | Gas Contracts    
Price risk management liabilities:    
Gas Contracts, Liability, Settlements (19)  
Gas Contracts, Asset (Liability), Balance 4 19
Total unrealized gains (losses) on Regulatory Asset/Regulatory Liability 4  
PPL Electric Utilities Corp [Member]    
Assets    
Cash and cash equivalents 35 51
Price risk management assets:    
Total Assets 35 51
PPL Electric Utilities Corp [Member] | Level 1 [Member]    
Assets    
Cash and cash equivalents 35 51
Price risk management assets:    
Total Assets 35 51
PPL Electric Utilities Corp [Member] | Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Total Assets 0 0
PPL Electric Utilities Corp [Member] | Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Price risk management assets:    
Total Assets 0 0
Louisville Gas And Electric Co [Member]    
Assets    
Cash and cash equivalents 10 18
Restricted cash and cash equivalents 20 26
Total Cash, Cash Equivalents and Restricted Cash 30 44
Price risk management assets:    
Total Assets 30 44
Price risk management liabilities:    
Interest rate swaps 7 7
Total price risk management liabilities 7 7
Louisville Gas And Electric Co [Member] | Level 1 [Member]    
Assets    
Cash and cash equivalents 10 18
Restricted cash and cash equivalents 20 26
Total Cash, Cash Equivalents and Restricted Cash 30 44
Price risk management assets:    
Total Assets 30 44
Price risk management liabilities:    
Interest rate swaps 0 0
Total price risk management liabilities 0 0
Louisville Gas And Electric Co [Member] | Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 0 0
Total Cash, Cash Equivalents and Restricted Cash 0 0
Price risk management assets:    
Total Assets 0 0
Price risk management liabilities:    
Interest rate swaps 7 7
Total price risk management liabilities 7 7
Louisville Gas And Electric Co [Member] | Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 0 0
Total Cash, Cash Equivalents and Restricted Cash 0 0
Price risk management assets:    
Total Assets 0 0
Price risk management liabilities:    
Interest rate swaps 0 0
Total price risk management liabilities 0 0
Kentucky Utilities Co [Member]    
Assets    
Cash and cash equivalents 16 14
Restricted cash and cash equivalents 20 24
Total Cash, Cash Equivalents and Restricted Cash 36 38
Price risk management assets:    
Total Assets 36 38
Kentucky Utilities Co [Member] | Level 1 [Member]    
Assets    
Cash and cash equivalents 16 14
Restricted cash and cash equivalents 20 24
Total Cash, Cash Equivalents and Restricted Cash 36 38
Price risk management assets:    
Total Assets 36 38
Kentucky Utilities Co [Member] | Level 2 [Member]    
Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 0 0
Total Cash, Cash Equivalents and Restricted Cash 0 0
Price risk management assets:    
Total Assets 0 0
Kentucky Utilities Co [Member] | Level 3 [Member]    
Assets    
Cash and cash equivalents 0 0
Restricted cash and cash equivalents 0 0
Total Cash, Cash Equivalents and Restricted Cash 0 0
Price risk management assets:    
Total Assets $ 0 $ 0