XML 407 R34.htm IDEA: XBRL DOCUMENT
v3.20.1

Financing Activities (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Debt Disclosure [Abstract] |
Schedule of Line of Credit Facilities | The following credit facilities were in place at:
| March 31, 2020 |  | December 31, 2019
| Expiration Date |  | Capacity |  | Borrowed |  | Letters of Credit and Commercial Paper Issued |  | Unused Capacity |  | Borrowed |  | Letters of Credit and Commercial Paper Issued
PPL |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.K. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
WPD plc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Syndicated Credit Facility (a) | Jan. 2023 |  | £ | 210 |  |  | £ | 156 |  |  | £ | — |  |  | £ | 56 |  |  | £ | 155 |  |  | £ | — |
WPD (South West) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Syndicated Credit Facility (b) | July 2021 |  | 245 |  |  | — |  |  | — |  |  | 245 |  |  | 40 |  |  | — |
WPD (East Midlands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Syndicated Credit Facility | July 2021 |  | 300 |  |  | — |  |  | — |  |  | 300 |  |  | — |  |  | — |
WPD (West Midlands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Syndicated Credit Facility (c) | July 2021 |  | 300 |  |  | 54 |  |  | — |  |  | 246 |  |  | 48 |  |  | — |
Uncommitted Credit Facilities |  |  | 100 |  |  | — |  |  | 4 |  |  | 96 |  |  | — |  |  | 4 |
Total U.K. Credit Facilities (d) |  |  | £ | 1,155 |  |  | £ | 210 |  |  | £ | 4 |  |  | £ | 943 |  |  | £ | 243 |  |  | £ | 4 |
U.S. |  |  |  |  |  |  |  |  |  |  |  |  |
PPL Capital Funding (e) |  |  |  |  |  |  |  |  |  |  |  |  |
Syndicated Credit Facility | Jan. 2024 |  | $ | 1,450 |  |  | $ | 575 |  |  | $ | 180 |  |  | $ | 695 |  |  | $ | — |  |  | $ | 450 |
Term Loan Credit Facility | Mar. 2021 |  | 200 |  |  | 200 |  |  | — |  |  | — |  |  | — |  |  | — |
Bilateral Credit Facility | Mar. 2021 |  | 50 |  |  | 50 |  |  | — |  |  | — |  |  | — |  |  | — |
Bilateral Credit Facility | Mar. 2021 |  | 50 |  |  | 34 |  |  | 15 |  |  | 1 |  |  | — |  |  | 15 |
Total PPL Capital Funding Credit Facilities |  |  | $ | 1,750 |  |  | $ | 859 |  |  | $ | 195 |  |  | $ | 696 |  |  | $ | — |  |  | $ | 465 |
PPL Electric |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Syndicated Credit Facility (f) | Jan. 2024 |  | $ | 650 |  |  | $ | 85 |  |  | $ | 1 |  |  | $ | 564 |  |  | $ | — |  |  | $ | 1 |
LG&E |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Syndicated Credit Facility (g) | Jan. 2024 |  | $ | 500 |  |  | $ | 100 |  |  | $ | 59 |  |  | $ | 341 |  |  | $ | — |  |  | $ | 238 |
Total LG&E Credit Facilities |  |  | $ | 500 |  |  | $ | 100 |  |  | $ | 59 |  |  | $ | 341 |  |  | $ | — |  |  | $ | 238 |
KU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Syndicated Credit Facility (g) | Jan. 2024 |  | $ | 400 |  |  | $ | 100 |  |  | $ | 44 |  |  | $ | 256 |  |  | $ | — |  |  | $ | 150 |
Total KU Credit Facilities |  |  | $ | 400 |  |  | $ | 100 |  |  | $ | 44 |  |  | $ | 256 |  |  | $ | — |  |  | $ | 150 |
(a) | The amounts borrowed at March 31, 2020 and December 31, 2019 were USD-denominated borrowings of $200 million for both periods, which bore interest at 2.43% and 2.52%. The interest rates on the borrowings are equal to one-month USD LIBOR plus a spread. The unused capacity reflects the amounts borrowed in GBP of £154 million as of the date borrowed.
(b) | The amount borrowed at December 31, 2019 was GBP-denominated borrowings which equated to $51 million and bore interest at 1.09%.
(c) | The amount borrowed at March 31, 2020 and December 31, 2019 were GBP-denominated borrowings which equated to $69 million and $62 million and bore interest at 1.11%. The interest rates on the borrowings are equal to one-month GBP LIBOR plus a margin.
(d) | At March 31, 2020, the unused capacity under the U.K. credit facilities was $1.2 billion.
(e) | The interest rates on the borrowings are based on one-month LIBOR plus a spread, which resulted in a weighted-average rate of 1.97% at March 31, 2020.
(f) | The interest rate on the borrowing is equal to one-month LIBOR plus a spread, which was 1.96% at March 31, 2020.
(g) | The interest rates on the borrowings are equal to one-month LIBOR plus a spread, which were 1.81% at March 31, 2020.
Schedule of Short-term Debt | The following commercial paper programs were in place at:
| March 31, 2020 |  | December 31, 2019
| Weighted - Average Interest Rate |  | Capacity |  | Commercial Paper Issuances |  | Unused Capacity |  | Weighted - Average Interest Rate |  | Commercial Paper Issuances
PPL Capital Funding | 1.91% |  | $ | 1,500 |  |  | $ | 180 |  |  | $ | 1,320 |  |  | 2.13% |  | $ | 450 |
PPL Electric |  |  | 650 |  |  | — |  |  | 650 |  |  |  |  | — |
LG&E | 1.71% |  | 350 |  |  | 59 |  |  | 291 |  |  | 2.07% |  | 238 |
KU | 1.65% |  | 350 |  |  | 44 |  |  | 306 |  |  | 2.02% |  | 150 |
Total |  |  | $ | 2,850 |  |  | $ | 283 |  |  | $ | 2,567 |  |  |  |  | $ | 838 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration