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Consolidated Statements of Income and Comprehensive Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operating Revenues        
Electric revenues $ 600.3 $ 603.6 $ 1,142.5 $ 1,083.3
Operating Expenses        
Fuel 121.2 138.1 253.4 257.4
Purchased power 34.9 26.9 73.7 51.6
Transmission of electricity by others 12.9 8.8 24.3 16.1
Utility operating and maintenance expenses 166.4 164.1 321.6 327.2
Depreciation and amortization 72.6 67.9 142.8 135.3
General taxes 48.1 45.0 95.9 89.5
Other General and Administrative Expense 0.6 2.8 1.1 7.2
Costs and Expenses, Total 456.7 453.6 912.8 884.3
Operating Income (Loss) 143.6 150.0 229.7 199.0
Non-operating income 4.4 1.6 6.9 2.5
Non-operating expenses (2.2) (5.8) (3.5) (7.6)
Interest charges (49.4) (55.8) (99.1) (122.7)
Income before income tax (expense) benefit and income (loss) from equity investments 96.4 90.0 134.0 71.2
Income tax (expense) benefit (32.7) (31.8) (44.2) (22.3)
Income (loss) from equity investments, net of income taxes (0.1) (0.1) (0.2) (0.1)
Net income (loss) 63.6 58.1 89.6 48.8
Less: Net income (loss) attributable to noncontrolling interest 0 0 0 0.2
Net income (loss) attributable to Great Plains Energy 63.6 58.1 89.6 49.0
Preferred stock dividend requirements 0.4 0.4 0.8 0.8
Earnings (loss) available for common shareholders 63.2 57.7 88.8 48.2
Average number of common shares outstanding (in shares) 153.5 139.6 153.4 137.7
Average number of diluted common shares outstanding 153.8 142.0 153.7 140.6
Basic earnings (loss) per common share        
Basic earnings per share $ 0.41 $ 0.41 $ 0.58 $ 0.35
Diluted earnings (loss) per common share        
Diluted earnings per share $ 0.41 $ 0.41 $ 0.58 $ 0.34
Cash dividends per common share $ 0.2175 $ 0.2125 $ 0.435 $ 0.425
Comprehensive Income        
Net income (loss) 63.6 58.1 89.6 48.8
Other comprehensive income        
Gain (loss) on derivative hedging instruments 0 0.1 0 (0.2)
Income tax benefit (expense) 0 0 0 0.1
Net gain (loss) on derivative hedging instruments 0 0.1 0 (0.1)
Reclassification to expenses, net of tax 2.9 3.1 6.1 6.2
Derivative hedging activity, net of tax 2.9 3.2 6.1 6.1
Amortization of net losses included in net periodic benefit costs 0.3 0.1 0.3 0.2
Income tax benefit (expense) (0.1) (0.1) (0.1) (0.1)
Net change in unrecognized pension expense 0.2 0 0.2 0.1
Total other comprehensive income (loss) 3.1 3.2 6.3 [1] 6.2
Comprehensive income (loss) 66.7 61.3 95.9 55.0
Less: comprehensive income (loss) attributable to noncontrolling interest 0 0 0 0.2
Comprehensive income (loss) attributable to Great Plains Energy 66.7 61.3 95.9 55.2
Kansas City Power and Light Company [Member]
       
Operating Revenues        
Electric revenues 410.8 409.1 777.5 736.1
Operating Expenses        
Fuel 86.0 98.7 180.5 183.3
Purchased power 18.6 6.6 37.7 13.6
Transmission of electricity by others 8.8 6.1 16.8 11.1
Utility operating and maintenance expenses 116.7 115.9 224.9 233.8
Depreciation and amortization 49.6 46.0 97.2 91.7
General taxes 37.7 35.9 74.7 71.1
Costs and Expenses, Total 317.4 309.2 631.8 604.6
Operating Income (Loss) 93.4 99.9 145.7 131.5
Non-operating income 3.8 0.8 5.5 1.3
Non-operating expenses (1.2) (2.7) (1.6) (3.4)
Interest charges (31.5) (31.3) (63.5) (63.7)
Income before income tax (expense) benefit and income (loss) from equity investments 64.5 66.7 86.1 65.7
Income tax (expense) benefit (20.3) (23.0) (25.7) (19.7)
Net income (loss) 44.2 43.7 60.4 46.0
Comprehensive Income        
Net income (loss) 44.2 43.7 60.4 46.0
Other comprehensive income        
Gain (loss) on derivative hedging instruments 0 0.1 0 (0.2)
Income tax benefit (expense) 0 0 0 0.1
Net gain (loss) on derivative hedging instruments 0 0.1 0 (0.1)
Reclassification to expenses, net of tax 1.3 1.3 2.8 2.7
Derivative hedging activity, net of tax 1.3 1.4 2.8 2.6
Total other comprehensive income (loss) 1.3 1.4 2.8 2.6
Comprehensive income (loss) attributable to Great Plains Energy $ 45.5 $ 45.1 $ 63.2 $ 48.6
[1] (a) Net of tax