ORGANIZATION AND BASIS OF PRESENTATION (Tables)

3 Months Ended

Mar. 31, 2020

The Evergy Companies record fuel inventory and supplies at average cost. The following table separately states the balances for fuel inventory and supplies.



	March 31 2020		December 31 2019
Evergy	(millions)
Fuel inventory	$	166.4	$	146.4
Supplies	332.5		335.2
Fuel inventory and supplies	$	498.9	$	481.6
Evergy Kansas Central
Fuel inventory	$	87.6	$	80.2
Supplies	183.3		186.2
Fuel inventory and supplies	$	270.9	$	266.4
Evergy Metro
Fuel inventory	$	57.9	$	46.1
Supplies	117.2		116.9
Fuel inventory and supplies	$	175.1	$	163.0

Summary of Property, Plant and Equipment

The following tables summarize the property, plant and equipment of Evergy, Evergy Kansas Central and Evergy Metro.



March 31, 2020	Evergy				Evergy Kansas Central				Evergy Metro
		(millions)
Electric plant in service		$	27,995.1			$	13,634.9			$	10,865.3
Electric plant acquisition adjustment		740.6				740.6				—
Accumulated depreciation		(10,460.3		)		(5,034.6		)		(4,340.8		)
Plant in service, net		18,275.4				9,340.9				6,524.5
Construction work in progress		831.0				452.6				281.2
Nuclear fuel, net		115.9				57.6				58.3
Plant to be retired, net^(a)		0.9				0.9				—
Property, plant and equipment, net		$	19,223.2			$	9,852.0			$	6,864.0

December 31, 2019	Evergy				Evergy Kansas Central				Evergy Metro
		(millions)
Electric plant in service		$	27,768.8			$	13,538.1			$	10,776.5
Electric plant acquisition adjustment		740.6				740.6				—
Accumulated depreciation		(10,293.7		)		(4,951.5		)		(4,272.0		)
Plant in service, net		18,215.7				9,327.2				6,504.5
Construction work in progress		839.2				472.8				269.9
Nuclear fuel, net		128.5				63.9				64.6
Plant to be retired, net^(a)		1.0				1.0				—
Property, plant and equipment, net		$	19,184.4			$	9,864.9			$	6,839.0

^(a) As of March 31, 2020, and December 31, 2019, represents the planned retirement of Evergy Kansas Central analog meters prior to the end of their remaining useful lives.

Schedule of Other Nonoperating Income (Expense)

The table below shows the detail of other expense for each of the Evergy Companies.



Three Months Ended March 31	2020			2019
Evergy	(millions)
Non-service cost component of net benefit cost	$	(16.2	)	$	(13.1	)
Other	(6.5		)	(6.3		)
Other expense	$	(22.7	)	$	(19.4	)
Evergy Kansas Central
Non-service cost component of net benefit cost	$	(5.6	)	$	(4.4	)
Other	(5.9		)	(6.2		)
Other expense	$	(11.5	)	$	(10.6	)
Evergy Metro
Non-service cost component of net benefit cost	$	(6.9	)	$	(5.1	)
Other	(0.5		)	0.1
Other expense	$	(7.4	)	$	(5.0	)

Schedule of Earnings Per Share, Basic and Diluted

The following table reconciles Evergy's basic and diluted EPS.



Three Months Ended March 31	2020		2019
Income	(millions, except per share amounts)
Net income	$	72.2	$	103.4
Less: Net income attributable to noncontrolling interests	2.8		3.9
Net income attributable to Evergy, Inc.	$	69.4	$	99.5
Common Shares Outstanding
Weighted average number of common shares outstanding - basic	227.1		252.8
Add: Effect of dilutive securities	0.4		0.2
Weighted average number of common shares outstanding - dilutive	227.5		253.0
Basic and Diluted EPS	$	0.31	$	0.39

Supplemental Cash Flow Information



Evergy
Three Months Ended March 31	2020		2019
Cash paid for (received from):	(millions)
Interest, net of amounts capitalized	$	86.5	$	59.3
Interest of VIEs	0.6		1.0
Income taxes, net of refunds	0.2		(0.1		)
Right-of-use assets obtained in exchange for new operating lease liabilities	2.6		2.2
Non-cash investing transactions:
Property, plant and equipment additions	75.7		47.1
Non-cash financing transactions:
Issuance of stock for compensation and reinvested dividends	0.9		0.5
Right-of-use assets obtained in exchange for new finance lease liabilities	3.1		2.3



Evergy Kansas Central
Three Months Ended March 31	2020		2019
Cash paid for (received from):	(millions)
Interest, net of amounts capitalized	$	37.4	$	32.6
Interest of VIEs	0.6		1.0
Income taxes, net of refunds	0.2		—
Right-of-use assets obtained in exchange for new operating lease liabilities	2.6		—
Non-cash investing transactions:
Property, plant and equipment additions	52.5		27.1
Non-cash financing transactions:
Right-of-use assets obtained in exchange for new finance lease liabilities	1.9		2.3



Evergy Metro
Three Months Ended March 31	2020		2019
Cash paid for (received from):	(millions)
Interest, net of amounts capitalized	$	18.7	$	19.6
Right-of-use assets obtained in exchange for new operating lease liabilities	—		2.2
Non-cash investing transactions:
Property, plant and equipment additions	17.8		15.9
Non-cash financing transactions:
Right-of-use assets obtained in exchange for new finance lease liabilities	1.2		—