XML 18 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities    
Net income (loss) $ (6.1) $ 192.0
Adjustments to reconcile income (loss) to net cash from operating activities:    
Depreciation and amortization 277.7 256.9
Amortization of:    
Nuclear fuel 24.1 22.4
Other 55.2 52.4
Deferred income taxes, net 89.7 109.9
Investment tax credit amortization (1.1) (1.1)
Income from equity investments, net of income taxes (2.0) (2.1)
Fair value impacts of interest rate swaps 1.9 78.8
Loss on Series B Preferred Stock dividend make-whole provisions (Note 12) 124.8 0.0
Loss on extinguishment of debt (Note 11) 82.8 0.0
Other operating activities (Note 3) 2.7 (24.4)
Net cash from operating activities 649.7 684.8
Cash Flows from Investing Activities    
Utility capital expenditures (392.5) (435.3)
Allowance for borrowed funds used during construction (5.1) (4.7)
Purchases of nuclear decommissioning trust investments (23.8) (23.7)
Proceeds from nuclear decommissioning trust investments 21.3 21.2
Proceeds from time deposit 1,000.0 0.0
Other investing activities (30.7) (48.7)
Net cash from investing activities 569.2 (491.2)
Cash Flows from Financing Activities    
Issuance of common stock 2.9 2.4
Issuance of long-term debt 4,591.1 0.0
Issuance fees (38.3) (68.7)
Repayment of long-term debt, including redemption premium (4,725.1) (1.1)
Net change in short-term borrowings (86.9) 27.1
Net change in collateralized short-term borrowings 22.6 15.0
Dividends paid (212.7) (122.5)
Redemption of preferred stock (963.4) (40.1)
Purchase of treasury stock (4.1) (4.9)
Other financing activities (0.2) (0.1)
Net cash from financing activities (1,414.1) (192.9)
Net Change in Cash and Cash Equivalents (195.2) 0.7
Cash and Cash Equivalents at Beginning of Year 1,293.1 11.3
Cash and Cash Equivalents at End of Period 1,097.9 12.0
Kansas City Power and Light Company [Member]    
Cash Flows from Operating Activities    
Net income (loss) 177.9 208.2
Adjustments to reconcile income (loss) to net cash from operating activities:    
Depreciation and amortization 199.9 184.1
Amortization of:    
Nuclear fuel 24.1 22.4
Other 23.4 25.6
Deferred income taxes, net 33.4 74.0
Investment tax credit amortization (0.8) (0.8)
Other operating activities (Note 3) 68.7 74.7
Net cash from operating activities 526.6 588.2
Cash Flows from Investing Activities    
Utility capital expenditures (295.1) (286.1)
Allowance for borrowed funds used during construction (4.2) (3.8)
Purchases of nuclear decommissioning trust investments (23.8) (23.7)
Proceeds from nuclear decommissioning trust investments 21.3 21.2
Net money pool lending 0.0 (11.1)
Other investing activities (17.0) (23.8)
Net cash from investing activities (318.8) (327.3)
Cash Flows from Financing Activities    
Issuance of long-term debt 299.2 0.0
Issuance fees (3.0) (0.2)
Repayment of long-term debt, including redemption premium (281.0) 0.0
Net change in short-term borrowings (60.9) (180.3)
Net change in collateralized short-term borrowings 20.0 0.0
Dividends paid (182.0) (77.0)
Net cash from financing activities (207.7) (257.5)
Net Change in Cash and Cash Equivalents 0.1 3.4
Cash and Cash Equivalents at Beginning of Year 4.5 2.3
Cash and Cash Equivalents at End of Period $ 4.6 $ 5.7