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ORGANIZATION AND BASIS OF PRESENTATION (Tables)
 3 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]  
Restrictions on Cash and Cash Equivalents The following table summarizes the cash, cash equivalents and restricted cash included on Evergy's consolidated balance sheets.
March 31
2024		December 31
2023
Evergy(millions)
Current assets
Cash and cash equivalents$63.7 $27.7 
Other assets
Other1.7 — 
Total cash, cash equivalents and restricted cash$65.4 $27.7 
Schedule of Fuel Inventory and Supplies
The Evergy Companies record fuel inventory and supplies at average cost. The following table separately states the balances for fuel inventory and supplies.
March 31
2024		December 31
2023
Evergy(millions)
Fuel inventory$263.8 $257.3 
Supplies536.9 518.9 
Fuel inventory and supplies$800.7 $776.2 
Evergy Kansas Central
Fuel inventory$142.1 $138.6 
Supplies280.3 273.3 
Fuel inventory and supplies$422.4 $411.9 
Evergy Metro  
Fuel inventory$84.2 $81.5 
Supplies191.8 183.1 
Fuel inventory and supplies$276.0 $264.6 
Summary of Property, Plant and Equipment
The following tables summarize the property, plant and equipment of Evergy, Evergy Kansas Central and Evergy Metro.
March 31, 2024EvergyEvergy Kansas CentralEvergy Metro
(millions)
Electric plant in service$34,923.8 $17,049.7 $13,098.8 
Electric plant acquisition adjustment724.9 724.9 — 
Accumulated depreciation(13,493.2)(6,581.6)(5,494.3)
Plant in service, net22,155.5 11,193.0 7,604.5 
Construction work in progress1,598.9 956.2 468.4 
Nuclear fuel, net190.5 94.9 95.6 
Plant to be retired, net(b)
0.8 0.8 — 
Property, plant and equipment, net$23,945.7 $12,244.9 $8,168.5 
December 31, 2023EvergyEvergy Kansas CentralEvergy Metro
(millions)
Electric plant in service(a)
$34,558.1 $16,858.7 $13,005.5 
Electric plant acquisition adjustment724.9 724.9 — 
Accumulated depreciation(a)
(13,301.6)(6,502.7)(5,404.9)
Plant in service, net(a)
21,981.4 11,080.9 7,600.6 
Construction work in progress1,543.5 939.1 428.7 
Nuclear fuel, net203.0 101.1 101.9 
Plant to be retired, net(b)
0.8 0.8 — 
Property, plant and equipment, net(a)
$23,728.7 $12,121.9 $8,131.2 
(a) As of March 31, 2024, Evergy and Evergy Kansas Central classified Property, Plant and Equipment of VIE, net as Property, Plant and Equipment, net. To conform with the current period presentation, amounts previously reported as Property, Plant and Equipment of VIE, net as of December 31, 2023, have been reclassified to Property, Plant and Equipment, net.
(b) As of March 31, 2024 and December 31, 2023, represents the planned retirement of Evergy Kansas Central analog meters prior to the end of their remaining useful lives.
Schedule of Other Nonoperating Income (Expense)
The table below shows the detail of other expense for each of the Evergy Companies.
Three Months Ended March 3120242023
Evergy(millions)
Non-service cost component of net benefit cost$(4.6)$(14.8)
Other(4.9)(6.5)
Other expense$(9.5)$(21.3)
Evergy Kansas Central
Non-service cost component of net benefit cost$0.5 $(4.0)
Other(4.2)(5.9)
Other expense$(3.7)$(9.9)
Evergy Metro
Non-service cost component of net benefit cost$(3.0)$(8.7)
Other(0.6)(0.3)
Other expense$(3.6)$(9.0)
Schedule of Earnings Per Share, Basic and Diluted
The following table reconciles Evergy's basic and diluted EPS.
Three Months Ended March 3120242023
Income(millions, except per share amounts)
Net income$125.8 $145.7 
Less: net income attributable to noncontrolling interests3.1 3.1 
Net income attributable to Evergy, Inc.$122.7 $142.6 
Common Shares Outstanding  
Weighted average number of common shares outstanding - basic230.2 230.0 
Add: effect of dilutive securities0.2 0.3 
Diluted average number of common shares outstanding230.4 230.3 
Basic and Diluted EPS$0.53 $0.62 
Supplemental Cash Flow Information
Supplemental Cash Flow Information
Evergy
Three Months Ended March 3120242023
Cash paid for (received from):(millions)
Interest, net of amount capitalized$105.3 $133.0 
Income taxes, net of refunds(0.2)(0.5)
Right-of-use assets obtained in exchange for new operating lease liabilities1.9 6.2 
Right-of-use assets obtained in exchange for new finance lease liabilities5.1 — 
Non-cash investing transactions:
Property, plant and equipment additions105.1 112.1 
Evergy Kansas Central
Three Months Ended March 3120242023
Cash paid for (received from):(millions)
Interest, net of amount capitalized$48.8 $56.3 
Income taxes, net of refunds(0.2)(0.2)
Right-of-use assets obtained in exchange for new operating lease liabilities0.7 2.7 
Right-of-use assets obtained in exchange for new finance lease liabilities1.3 — 
Non-cash investing transactions:
Property, plant and equipment additions47.6 54.8 
Evergy Metro
Three Months Ended March 3120242023
Cash paid for (received from):(millions)
Interest, net of amount capitalized$21.3 $31.1 
Right-of-use assets obtained in exchange for new operating lease liabilities1.0 3.5 
Right-of-use assets obtained in exchange for new finance lease liabilities3.5 — 
Non-cash investing transactions:
Property, plant and equipment additions39.9 41.0