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TAXES (Tables)
 9 Months Ended
Sep. 30, 2020
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit)
Components of income tax expense are detailed in the following tables.
Evergy
Three Months Ended
September 30		Year to Date
September 30
2020201920202019
Current income taxes(millions)
Federal$(16.4)$(31.2)$(35.0)$(10.6)
State(0.4)(0.8)(7.7)(1.6)
Total(16.8)(32.0)(42.7)(12.2)
Deferred income taxes  
Federal46.6 75.5 83.4 78.0 
State21.5 23.0 57.7 36.5 
Total68.1 98.5 141.1 114.5 
Investment tax credit amortization(1.3)(1.0)(4.6)(3.1)
Income tax expense$50.0 $65.5 $93.8 $99.2 
Evergy Kansas Central
Three Months Ended
September 30		Year to Date
September 30
2020201920202019
Current income taxes(millions)
Federal$(4.6)$11.2 $7.5 $39.1 
State(6.4)(1.2)(13.3)(2.4)
Total(11.0)10.0 (5.8)36.7 
Deferred income taxes  
Federal17.9 4.6 (10.7)(9.3)
State16.6 12.0 169.4 21.1 
Total34.5 16.6 158.7 11.8 
Investment tax credit amortization(1.0)(0.8)(3.7)(2.3)
Income tax expense$22.5 $25.8 $149.2 $46.2 
Evergy Metro
Three Months Ended
September 30		Year to Date
September 30
2020201920202019
Current income taxes(millions)
Federal$(8.9)$(2.2)$(8.4)$32.1 
State9.5 3.9 10.5 9.3 
Total0.6 1.7 2.1 41.4 
Deferred income taxes    
Federal22.2 26.3 38.9 1.4 
State2.6 4.5 (35.1)1.9 
Total24.8 30.8 3.8 3.3 
Investment tax credit amortization(0.3)(0.3)(0.8)(0.8)
Income tax expense$25.1 $32.2 $5.1 $43.9 
Schedule of Effective Income Tax Rate Reconciliation
Effective income tax rates reflected in the financial statements and the reasons for their differences from the statutory federal rates are detailed in the following tables.
Evergy
Three Months Ended
September 30		Year to Date
September 30
2020201920202019
Federal statutory income tax rate21.0 %21.0 %21.0 %21.0 %
Effect of:
COLI policies(1.6)(1.6)(1.6)(1.7)
State income taxes3.5 4.0 3.4 3.9 
Flow through depreciation for plant-related differences(4.9)(3.1)(4.8)(3.2)
Federal tax credits(4.6)(3.9)(4.6)(3.9)
Non-controlling interest(0.3)(0.4)(0.3)(0.4)
AFUDC equity(0.2)— (0.3)— 
Amortization of federal investment tax credits(0.7)(0.5)(0.7)(0.5)
Changes in uncertain tax positions, net— (0.4)— (0.3)
State tax rate change— — 2.0 — 
Valuation allowance(0.4)— (0.2)(1.1)
Stock compensation— 0.3 (0.1)0.2 
Officer compensation limitation0.2 0.1 0.2 0.1 
Other— (0.5)— (0.3)
Effective income tax rate12.0 %15.0 %14.0 %13.8 %
Evergy Kansas Central
Three Months Ended
September 30		Year to Date
September 30
2020201920202019
Federal statutory income tax rate21.0 %21.0 %21.0 %21.0 %
Effect of:
COLI policies(2.9)(2.8)(2.9)(3.0)
State income taxes2.3 4.4 2.9 4.2 
Flow through depreciation for plant-related differences(0.4)0.8 (0.2)0.5 
Federal tax credits(6.8)(6.2)(6.8)(6.1)
Non-controlling interest(0.7)(0.8)(0.6)(0.8)
AFUDC equity0.1 (0.1)(0.4)(0.1)
Amortization of federal investment tax credits(1.1)(0.7)(1.0)(0.7)
Changes in uncertain tax positions, net— (0.9)— (0.5)
State tax rate change— — 32.0 — 
Valuation allowance— — — (0.5)
Stock compensation— — (0.1)(0.1)
Other— (1.4)— (0.7)
Effective income tax rate11.5 %13.3 %43.9 %13.2 %
Evergy Metro
Three Months Ended
September 30		Year to Date
September 30
2020201920202019
Federal statutory income tax rate21.0 %21.0 %21.0 %21.0 %
Effect of:
COLI policies(0.2)(0.1)(0.2)(0.1)
State income taxes5.5 3.6 4.5 3.2 
Flow through depreciation for plant-related differences(9.1)(6.1)(9.1)(6.1)
Federal tax credits(2.4)(1.3)(2.4)(1.4)
AFUDC equity(0.5)— (0.3)— 
Amortization of federal investment tax credits(0.4)(0.3)(0.4)(0.3)
State tax rate change— — (11.4)— 
Stock compensation— — (0.4)— 
Officer compensation limitation0.5 0.3 0.5 0.3 
Other0.1 0.4 — (0.4)
Effective income tax rate14.5 %17.5 %1.8 %16.2 %