XML 33 R15.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Comprehensive Income - Evergy Metro, Inc - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
OPERATING REVENUES $ 1,184.7 $ 1,221.7 $ 2,301.4 $ 2,438.6
OPERATING EXPENSES:        
Fuel and purchased power 258.1 291.6 516.3 621.6
Operating and maintenance 272.7 288.6 560.9 595.5
Depreciation and amortization 221.6 215.4 440.1 429.0
Taxes other than income tax 90.9 91.6 183.2 184.9
Total Operating Expenses 913.0 950.0 1,832.2 1,957.3
INCOME FROM OPERATIONS 271.7 271.7 469.2 481.3
OTHER INCOME (EXPENSE):        
Investment earnings 3.1 2.6 2.3 5.8
Other income 7.6 6.1 9.9 14.3
Other expense (14.9) (18.1) (37.6) (37.5)
Total Other Expense, Net (4.2) (9.4) (25.4) (17.4)
Interest expense 99.5 95.4 195.7 186.5
INCOME BEFORE INCOME TAXES 168.0 166.9 248.1 277.4
Income tax expense (benefit) 33.7 24.4 43.8 33.7
Net income attributable to Evergy, Inc. 133.4 139.7 202.8 239.2
Derivative hedging activity        
Reclassification to expenses, net of tax (1.0) 0.0 0.3 0.0
Derivative hedging activity, net of tax (1.0) (15.8) 0.3 (26.0)
Total other comprehensive income (loss) (1.1) (15.8) 0.2 (26.0)
COMPREHENSIVE INCOME 132.3 123.9 203.0 213.2
Evergy Metro        
OPERATING REVENUES 424.3 437.0 799.8 862.4
OPERATING EXPENSES:        
Fuel and purchased power 101.3 116.2 193.8 251.1
Operating and maintenance 98.5 108.0 204.4 230.0
Depreciation and amortization 82.8 79.9 164.2 158.8
Taxes other than income tax 29.2 31.0 61.2 63.7
Total Operating Expenses 311.8 335.1 623.6 703.6
INCOME FROM OPERATIONS 112.5 101.9 176.2 158.8
OTHER INCOME (EXPENSE):        
Investment earnings 0.3 0.6 0.8 1.4
Other income 1.1 0.3 1.1 1.1
Other expense (5.9) (5.8) (13.3) (10.8)
Total Other Expense, Net (4.5) (4.9) (11.4) (8.3)
Interest expense 27.7 29.6 56.3 63.4
INCOME BEFORE INCOME TAXES 80.3 67.4 108.5 87.1
Income tax expense (benefit) (22.6) 8.0 (20.0) 11.7
Net income attributable to Evergy, Inc. 102.9 59.4 128.5 75.4
Derivative hedging activity        
Reclassification to expenses, net of tax 0.2 (0.1) 0.1 0.8
Derivative hedging activity, net of tax 0.2 (0.1) 0.1 0.8
Total other comprehensive income (loss) 0.2 (0.1) 0.1 0.8
COMPREHENSIVE INCOME $ 103.1 $ 59.3 $ 128.6 $ 76.2