XML 45 R11.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Cash Flows - Evergy Kansas Central, Inc - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:      
Net income $ 685.6 $ 546.0 $ 336.5
Adjustments to reconcile income to net cash from operating activities:      
Depreciation and amortization 861.7 618.8 371.7
Amortization of nuclear fuel 51.4 43.6 32.2
Amortization of deferred refueling outage 25.5 21.2 16.1
Amortization of corporate-owned life insurance 19.8 22.6 20.6
Non-cash compensation 16.3 29.9 8.8
Net deferred income taxes and credits 121.5 124.2 149.6
Allowance for equity funds used during construction (2.2) (3.1) (2.0)
Payments for asset retirement obligations (17.8) (22.4) (16.0)
Equity in earnings of equity method investees, net of income taxes (9.8) (5.4) (6.7)
Income from corporate-owned life insurance (29.6) (2.3) (2.8)
Other (3.2) (5.2) (8.7)
Changes in working capital items:      
Accounts receivable from subsidiaries (23.1) 265.1 (2.1)
Accounts receivable pledged as collateral 26.0 (185.0) 0.0
Fuel inventory and supplies 29.9 54.7 7.2
Prepaid expenses and other current assets 43.4 (128.1) 55.8
Accounts payable 16.9 56.7 10.0
Accrued taxes (8.2) (76.4) 9.2
Other current liabilities (59.4) 92.0 (118.0)
Changes in other assets 79.8 66.8 32.0
Changes in other liabilities (75.5) (15.9) 19.3
Cash Flows from Operating Activities 1,749.0 1,497.8 912.7
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:      
Additions to property, plant and equipment (1,210.1) (1,069.7) (764.6)
Purchase of securities - trusts (55.8) (117.5) (41.0)
Sale of securities - trusts 47.3 117.7 41.2
Investment in corporate-owned life insurance (18.3) (17.1) (17.0)
Proceeds from investment in corporate-owned life insurance 161.7 6.8 4.2
Other investing activities (5.1) (17.6) (3.6)
Cash Flows from (used in) Investing Activities (1,080.3) 197.4 (780.8)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:      
Short term debt, net (176.7) (104.0) (91.3)
Collateralized short-term debt, net (26.0) 185.0 0.0
Proceeds from long-term debt 2,372.7 290.9 296.2
Retirements of long-term debt (701.1) (395.8) (125.0)
Retirements of long-term debt of variable interest entities (30.3) (28.5) (26.8)
Borrowings against cash surrender value of corporate-owned life insurance 59.4 56.5 55.1
Repayment of borrowings against cash surrender value of corporate-owned life insurance (127.5) (3.9) (1.0)
Cash dividends paid (462.5) (475.0) (223.1)
Distributions to shareholders of noncontrolling interests (8.6) 0.0 (5.8)
Other financing activities (6.7) (21.3) (9.9)
Cash Flows from (used in) Financing Activities (805.8) (1,538.4) (131.6)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (137.1) 156.8 0.3
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:      
Beginning of period 160.3 3.5 3.2
End of period 23.2 160.3 3.5
Evergy Kansas Central      
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:      
Net income 359.1 349.1 336.5
Adjustments to reconcile income to net cash from operating activities:      
Depreciation and amortization 443.8 390.9 371.7
Amortization of nuclear fuel 25.6 26.0 32.2
Amortization of deferred refueling outage 12.8 13.7 16.1
Amortization of corporate-owned life insurance 19.8 22.6 20.6
Non-cash compensation 0.0 19.9 8.8
Net deferred income taxes and credits 11.6 (2.2) 149.6
Allowance for equity funds used during construction 0.0 (2.9) (2.0)
Payments for asset retirement obligations (14.8) (12.0) (16.0)
Equity in earnings of equity method investees, net of income taxes (4.6) (4.6) (6.7)
Income from corporate-owned life insurance (29.0) (2.3) (2.8)
Other (5.5) (5.4) (8.7)
Changes in working capital items:      
Accounts receivable from subsidiaries (65.9) 207.9 (2.1)
Accounts receivable pledged as collateral 14.0 (185.0) 0.0
Fuel inventory and supplies 10.9 17.3 7.2
Prepaid expenses and other current assets (11.7) (134.2) 55.8
Accounts payable 6.9 (17.6) 10.0
Accrued taxes 20.2 (24.1) 9.2
Other current liabilities 12.1 88.3 (118.0)
Changes in other assets 47.0 42.7 32.0
Changes in other liabilities (29.5) (36.2) 19.3
Cash Flows from Operating Activities 822.8 751.9 912.7
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:      
Additions to property, plant and equipment (596.1) (713.3) (764.6)
Purchase of securities - trusts (21.8) (99.4) (41.0)
Sale of securities - trusts 21.6 104.2 41.2
Investment in corporate-owned life insurance (17.6) (17.1) (17.0)
Proceeds from investment in corporate-owned life insurance 158.9 6.8 4.2
Other investing activities (3.2) (8.6) (3.6)
Cash Flows from (used in) Investing Activities (458.2) (727.4) (780.8)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:      
Short term debt, net (162.5) 133.7 (91.3)
Collateralized short-term debt, net (14.0) 185.0 0.0
Proceeds from long-term debt 294.7 121.9 296.2
Retirements of long-term debt (300.0) (121.9) (125.0)
Retirements of long-term debt of variable interest entities (30.3) (28.5) (26.8)
Borrowings against cash surrender value of corporate-owned life insurance 56.5 56.5 55.1
Repayment of borrowings against cash surrender value of corporate-owned life insurance (125.4) (3.9) (1.0)
Cash dividends paid (110.0) (305.1) (223.1)
Distributions to shareholders of noncontrolling interests (8.6) 0.0 (5.8)
Other financing activities (4.3) (21.2) (9.9)
Cash Flows from (used in) Financing Activities (403.9) 16.5 (131.6)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (39.3) 41.0 0.3
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:      
Beginning of period 44.5 3.5 3.2
End of period $ 5.2 $ 44.5 $ 3.5