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Long-Term Debt
9 Months Ended
Sep. 30, 2014
Debt Disclosure [Abstract]  
Long-Term Debt
11. LONG-TERM DEBT
Great Plains Energy's and KCP&L's long-term debt is detailed in the following table.
 
 
 
September 30
 
December 31
 
Year Due
 
2014
 
2013
KCP&L
 
 
 
(millions)
 
General Mortgage Bonds
 
 
 
 
 
 
 
 
 
2.95% EIRR bonds(a)
2015-2035
 
 
$
146.4

 
 
 
$
146.4

 
7.15% Series 2009A (8.59% rate)(b)
2019
 
 
400.0

 
 
 
400.0

 
4.65% EIRR Series 2005
2035
 
 
50.0

 
 
 
50.0

 
Senior Notes
 
 
 
 

 
 
 
 

 
5.85% Series (5.72% rate)(b)
2017
 
 
250.0

 
 
 
250.0

 
6.375% Series (7.49% rate)(b)
2018
 
 
350.0

 
 
 
350.0

 
3.15% Series
2023
 
 
300.0

 
 
 
300.0

 
6.05% Series (5.78% rate)(b)
2035
 
 
250.0

 
 
 
250.0

 
5.30% Series
2041
 
 
400.0

 
 
 
400.0

 
EIRR Bonds
 
 
 
 
 
 
 
 
 
0.05% Series 2007A and 2007B(c)
2035
 
 
146.5

 
 
 
146.5

 
2.875% Series 2008
2038
 
 
23.4

 
 
 
23.4

 
Current maturities
 
 
 
(14.0
)
 
 
 

 
Unamortized discount
 
 
 
(3.9
)
 
 
 
(4.1
)
 
Total KCP&L excluding current maturities
 
 
 
2,298.4

 
 
 
2,312.2

 
Other Great Plains Energy
 
 
 
 

 
 
 
 

 
GMO First Mortgage Bonds 9.44% Series
2015-2021
 
 
7.9

 
 
 
9.0

 
GMO Pollution Control Bonds
 
 
 
 

 
 
 
 

 
Wamego Series 1996
 
 
 

 
 
 
7.3

 
State Environmental 1993
 
 
 

 
 
 
5.0

 
GMO Senior Notes
 
 
 
 
 
 
 
 
 
8.27% Series
2021
 
 
80.9

 
 
 
80.9

 
3.49% Series A
2025
 
 
125.0

 
 
 
125.0

 
4.06% Series B
2033
 
 
75.0

 
 
 
75.0

 
4.74% Series C
2043
 
 
150.0

 
 
 
150.0

 
GMO Medium Term Notes
 
 
 
 

 
 
 
 

 
7.33% Series
2023
 
 
3.0

 
 
 
3.0

 
7.17% Series
2023
 
 
7.0

 
 
 
7.0

 
Great Plains Energy Senior Notes
 
 
 
 
 
 
 
 
 
6.875% Series (7.33% rate)(b)
2017
 
 
100.0

 
 
 
100.0

 
4.85% Series
2021
 
 
350.0

 
 
 
350.0

 
5.292% Series
2022
 
 
287.5

 
 
 
287.5

 
Current maturities
 
 
 
(1.1
)
 
 
 
(1.1
)
 
Unamortized discount and premium, net
 
 
 
4.5

 
 
 
4.9

 
Total Great Plains Energy excluding current maturities
 
 
 
$
3,488.1

 
 
 
$
3,515.7

 
(a) 
Weighted-average interest rates at September 30, 2014
(b) 
Rate after amortizing gains/losses recognized in OCI on settlements of interest rate hedging instruments
(c) 
Variable rate
GMO Pollution Control Bonds
In January 2014, GMO made an early repayment of its $7.3 million Wamego Series 1996 and $5.0 million State Environmental 1993 tax-exempt bonds.