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Pension Plans and Other Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2017
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The following tables provide Great Plains Energy's components of net periodic benefit costs prior to the effects of capitalization and sharing with joint owners of power plants.
 
 
Pension Benefits
 
Other Benefits
Three Months Ended June 30
 
2017
 
2016
 
2017
 
2016
Components of net periodic benefit costs
 
(millions)
Service cost
 
$
11.0

 
$
10.5

 
$
0.5

 
$
0.6

Interest cost
 
13.4

 
13.3

 
1.4

 
1.6

Expected return on plan assets
 
(12.8
)
 
(12.3
)
 
(0.7
)
 
(0.7
)
Prior service cost
 
0.2

 
0.1

 

 
0.3

Recognized net actuarial (gain)/loss
 
12.4

 
12.9

 
(0.1
)
 
(0.4
)
Net periodic benefit costs before regulatory adjustment
 
24.2

 
24.5

 
1.1

 
1.4

Regulatory adjustment
 
1.7

 
(1.0
)
 
0.5

 
1.5

Net periodic benefit costs
 
$
25.9

 
$
23.5

 
$
1.6

 
$
2.9

 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Other Benefits
Year to Date June 30
 
2017
 
2016
 
2017
 
2016
Components of net periodic benefit costs
 
(millions)
Service cost
 
$
22.0

 
$
21.0

 
$
1.0

 
$
1.3

Interest cost
 
26.8

 
26.5

 
2.7

 
3.1

Expected return on plan assets
 
(25.6
)
 
(24.6
)
 
(1.3
)
 
(1.5
)
Prior service cost
 
0.4

 
0.3

 

 
0.6

Recognized net actuarial (gain)/loss
 
24.8

 
25.9

 
(0.2
)
 
(0.8
)
Net periodic benefit costs before regulatory adjustment
 
48.4

 
49.1

 
2.2

 
2.7

Regulatory adjustment
 
2.5

 
(2.0
)
 
1.8

 
3.0

Net periodic benefit costs
 
$
50.9

 
$
47.1

 
$
4.0

 
$
5.7