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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
OPERATING REVENUES $ 893.4 $ 609.3 $ 1,493.6 $ 1,181.9
OPERATING EXPENSES:        
Fuel and purchased power 229.7 111.8 365.2 225.6
SPP network transmission costs 68.4 61.8 136.0 122.4
Operating and maintenance 283.8 139.6 423.8 275.0
Depreciation and amortization 128.0 94.0 217.7 182.7
Taxes other than income tax 56.6 41.9 100.5 84.6
Total Operating Expenses 766.5 449.1 1,243.2 890.3
INCOME FROM OPERATIONS 126.9 160.2 250.4 291.6
OTHER INCOME (EXPENSE):        
Investment earnings (1.6) (1.1) (1.3) (2.5)
Non-operating income 1.7 0.5 3.7 1.8
Non-operating expenses (13.8) (7.7) (24.4) (18.1)
Total Other Income (Expense) (10.5) (6.1) (19.4) (13.8)
Interest expense 58.4 43.7 102.2 84.8
INCOME BEFORE INCOME TAXES 58.0 110.4 128.8 193.0
Income tax expense (benefit) (45.0) 35.9 (35.8) 56.8
Equity in earnings of equity method investees, net of income taxes 1.4 1.5 2.7 3.3
NET INCOME 104.4 76.0 167.3 139.5
Less: Net income attributable to noncontrolling interests 2.6 3.9 5.0 7.8
NET INCOME $ 101.8 $ 72.1 $ 162.3 $ 131.7
Basic earnings per common share (in dollars per share) $ 0.56 $ 0.50 $ 1.00 $ 0.92
Diluted earnings per common share (in dollars per share) $ 0.56 $ 0.50 $ 1.00 $ 0.92
Average number of basic common shares outstanding (in shares) 180.9 142.5 161.9 142.5
Average number of diluted common shares outstanding (in shares) 181.0 142.6 162.0 142.6
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.4 $ 0.4 $ 0.80 $ 0.80
Westar Energy Inc [Member]        
OPERATING REVENUES $ 650.9 $ 609.3 $ 1,251.1 $ 1,181.9
OPERATING EXPENSES:        
Fuel and purchased power 158.0 111.8 293.5 225.6
SPP network transmission costs 68.4 61.8 136.0 122.4
Operating and maintenance 209.7 139.6 349.7 275.0
Depreciation and amortization 96.1 94.0 185.7 182.7
Taxes other than income tax 42.6 41.9 86.6 84.6
Total Operating Expenses 574.8 449.1 1,051.5 890.3
INCOME FROM OPERATIONS 76.1 160.2 199.6 291.6
OTHER INCOME (EXPENSE):        
Investment earnings 0.0 (1.1) (0.4) (2.5)
Non-operating income 1.6 0.5 3.6 1.8
Non-operating expenses (10.4) (7.7) (20.9) (18.1)
Total Other Income (Expense) (8.8) (6.1) (17.7) (13.8)
Interest expense 44.4 43.7 88.2 84.8
INCOME BEFORE INCOME TAXES 22.9 110.4 93.7 193.0
Income tax expense (benefit) (53.6) 35.9 (44.4) 56.8
Equity in earnings of equity method investees, net of income taxes 1.1 1.5 2.4 3.3
NET INCOME 77.6 76.0 140.5 139.5
Less: Net income attributable to noncontrolling interests 2.6 3.9 5.0 7.8
NET INCOME 75.0 72.1 $ 135.5 $ 131.7
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)     $ 0.80 $ 0.80
KCPL [Member]        
OPERATING REVENUES 452.2 482.7 $ 849.3 $ 878.6
OPERATING EXPENSES:        
Fuel and purchased power 132.5 130.2 250.0 223.4
Operating and maintenance 104.5 113.8 227.2 236.4
Depreciation and amortization 70.2 68.3 137.1 133.6
Taxes other than income tax 30.3 44.2 59.3 88.8
Total Operating Expenses 337.5 356.5 673.6 682.2
INCOME FROM OPERATIONS 114.7 126.2 175.7 196.4
OTHER INCOME (EXPENSE):        
Investment earnings (0.8) (0.5) (1.4) (1.0)
Non-operating income (1.5) 1.2 1.5 3.2
Non-operating expenses (6.0) (14.7) (13.9) (28.8)
Total Other Income (Expense) (6.7) (13.0) (11.0) (24.6)
Interest expense 34.6 35.6 67.6 71.2
INCOME BEFORE INCOME TAXES 73.4 77.6 97.1 100.6
Income tax expense (benefit) 48.8 28.0 52.3 36.8
NET INCOME     44.8 63.8
NET INCOME 24.6 49.6 44.8 63.8
Derivative hedging activity        
Reclassification to expenses, net of tax 1.0 1.3 1.9 2.6
Derivative hedging activity, net of tax 1.0 1.3 1.9 2.6
Total other comprehensive income 1.0 1.3 1.9 2.6
Comprehensive income (loss) $ 25.6 $ 50.9 $ 46.7 $ 66.4