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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Schedule of Fuel Inventory and Supplies The following table separately states the balances for fuel inventory and supplies.
 
December 31
 
2019
 
2018
Evergy
(millions)
Fuel inventory
$
146.4

 
$
168.9

Supplies
335.2

 
342.1

Fuel inventory and supplies
$
481.6

 
$
511.0

Evergy Kansas Central
 
 
 
Fuel inventory
$
80.2

 
$
87.8

Supplies
186.2

 
189.0

Fuel inventory and supplies
$
266.4

 
$
276.8

Evergy Metro
 
 
 
Fuel inventory
$
46.1

 
$
57.8

Supplies
116.9

 
119.8

Fuel inventory and supplies
$
163.0

 
$
177.6
Schedule of Allowance for Funds used During Construction
The amounts of the Evergy Companies' AFUDC for borrowed and equity funds are detailed in the following table.
 
2019
 
2018
 
2017
Evergy
(millions)
AFUDC borrowed funds
$
14.5

 
$
10.4

 
$
5.6

AFUDC equity funds
2.2

 
3.1

 
2.0

Total
$
16.7

 
$
13.5

 
$
7.6

Evergy Kansas Central
 
 
 
 
 
AFUDC borrowed funds
$
7.5

 
$
6.6

 
$
5.6

AFUDC equity funds
—

 
2.9

 
2.0

Total
$
7.5

 
$
9.5

 
$
7.6

Evergy Metro(a)
 
 
 
 
 
AFUDC borrowed funds
$
4.3

 
$
4.9

 
$
6.1

AFUDC equity funds
2.2

 
1.4

 
6.0

Total
$
6.5

 
$
6.3

 
$
12.1

(a) Evergy Metro amounts are included in consolidated Evergy from June 4, 2018, the date of the closing of the merger, and thereafter.
The average rates used in the calculation of AFUDC are detailed in the following table.
 
2019
 
2018
 
2017
Evergy Kansas Central
3.0%
 
3.3%
 
2.3%
Evergy Metro
4.6%
 
3.9%
 
4.9%
Evergy Missouri West
3.7%
 
2.9%
 
1.9%
Schedule pf Depreciable Lives of Property Plant and Equipment
The depreciable lives of Evergy's, Evergy Kansas Central's and Evergy Metro's property, plant and equipment are detailed in the following table.
 
 
Evergy
 
 
Evergy Kansas Central
 
 
Evergy Metro
 
 
 
(years)
 
Generating facilities
 
8
to
87
 
 
 
8
to
87
 
 
 
20
to
60
 
Transmission facilities
 
15
to
94
 
 
 
36
to
94
 
 
 
15
to
70
 
Distribution facilities
 
8
to
73
 
 
 
19
to
73
 
 
 
8
to
55
 
Other
 
5
to
84
 
 
 
7
to
84
 
 
 
5
to
50
 
Schedule of Cash Surrender Value of Corporate Owned Life Insurance Substantially all of Evergy's COLI-related balances relate to Evergy Kansas Central's COLI activity.
 
 
December 31
 
 
2019
 
2018
Evergy
 
(millions)
Cash surrender value of policies
 
$
1,370.0

 
$
1,441.7

Borrowings against policies
 
(1,237.1
)
 
(1,306.9
)
Corporate-owned life insurance, net
 
$
132.9

 
$
134.8
Schedule of Other Income Expense
The table below shows the detail of other expense for each of the Evergy Companies.
 
2019
 
2018
 
2017
Evergy
(millions)
Non-service cost component of net benefit cost
$
(55.6
)
 
$
(47.8
)
 
$
(20.0
)
Other
(21.3
)
 
(30.9
)
 
(19.1
)
Other expense
$
(76.9
)
 
$
(78.7
)
 
$
(39.1
)
Evergy Kansas Central
 
 
 
 
 
Non-service cost component of net benefit cost
$
(20.1
)
 
$
(23.5
)
 
$
(20.0
)
Other
(20.0
)
 
(23.3
)
 
(19.1
)
Other expense
$
(40.1
)
 
$
(46.8
)
 
$
(39.1
)
Evergy Metro(a)
 
 
 
 
 
Non-service cost component of net benefit cost
$
(20.9
)
 
$
(25.9
)
 
$
(42.7
)
Other
(0.5
)
 
(5.0
)
 
(8.1
)
Other expense
$
(21.4
)
 
$
(30.9
)
 
$
(50.8
)
(a) Evergy Metro amounts are only included in consolidated Evergy from June 4, 2018, the date of the closing of the merger, and thereafter.
Schedule of Earnings Per Share, Basic and Diluted
The following table reconciles Evergy's basic and diluted EPS.
 
2019
 
2018
 
2017
Income
(millions, except per share amounts)
Net income
$
685.6

 
$
546.0

 
$
336.5

Less: Net income attributable to noncontrolling interests
15.7

 
10.2

 
12.6

Net income attributable to Evergy, Inc.
$
669.9

 
$
535.8

 
$
323.9

Common Shares Outstanding
 
 
 

 
 

Weighted average number of common shares outstanding - basic
239.5

 
213.9

 
142.5

Add: effect of dilutive securities
0.4

 
0.2

 
0.1

Diluted average number of common shares outstanding
239.9

 
214.1

 
142.6

Basic EPS
$
2.80

 
$
2.50

 
$
2.27

Diluted EPS
$
2.79

 
$
2.50

 
$
2.27
Supplemental Cash Flow Information
Supplemental Cash Flow Information
Year Ended December 31
 
2019
 
2018
 
2017
Evergy
 
(millions)
Cash paid for (received from):
 
 
 
 
 
 
Interest on financing activities, net of amount capitalized
 
$
329.5

 
$
255.9

 
$
153.9

Interest on financing activities of VIEs
 
1.6

 
2.3

 
3.1

Income taxes, net of refunds
 
(5.2
)
 
(0.9
)
 
(12.7
)
Non-cash investing transactions:
 
 
 
 
 
 
Property, plant and equipment additions (reductions)
 
186.0

 
(7.8
)
 
158.8

Deconsolidation of property, plant and equipment of VIE
 
—

 
—

 
(72.9
)
Non-cash financing transactions:
 
 
 
 
 
 
Issuance of stock for compensation and reinvested dividends
 
(0.3
)
 
0.5

 
5.1

Deconsolidation of VIE
 
—

 
—

 
(83.1
)
Year Ended December 31
 
2019
 
2018
 
2017
Evergy Kansas Central
 
(millions)
Cash paid for (received from):
 
 
 
 
 
 
Interest on financing activities, net of amount capitalized
 
$
143.0

 
$
155.3

 
$
153.9

Interest on financing activities of VIEs
 
1.6

 
2.3

 
3.1

Income taxes, net of refunds
 
29.9

 
37.5

 
(12.7
)
Non-cash investing transactions:
 
 
 
 
 
 
Property, plant and equipment additions (reductions)
 
92.1

 
(32.5
)
 
158.8

Deconsolidation of property, plant and equipment of VIE
 
—

 
—

 
(72.9
)
Non-cash financing transactions:
 
 
 
 
 
 
Issuance of stock for compensation and reinvested dividends
 
—

 
—

 
5.1

Deconsolidation of VIE
 
—

 
—

 
(83.1
)
Year Ended December 31
 
2019
 
2018
 
2017
Evergy Metro(a)
 
(millions)
Cash paid for (received from):
 
 
 
 
 
 
Interest on financing activities, net of amount capitalized
 
$
118.4

 
$
129.4

 
$
128.0

Income taxes, net of refunds
 
77.0

 
31.2

 
38.8

Non-cash investing transactions:
 
 
 
 
 
 
Property, plant and equipment additions
 
80.7

 
19.2

 
36.6

(a) Evergy Metro amounts are included in consolidated Evergy from June 4, 2018, the date of the closing of the merger, and thereafter.