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ORGANIZATION AND BASIS OF PRESENTATION (Tables)
6 Months Ended
Jun. 30, 2021
Accounting Policies [Abstract]  
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.
June 30
2021
December 31
2020
Evergy(millions)
Fuel inventory$155.5 $145.0 
Supplies382.6 359.5 
Fuel inventory and supplies$538.1 $504.5 
Evergy Kansas Central
Fuel inventory$79.5 $79.3 
Supplies201.6 197.1 
Fuel inventory and supplies$281.1 $276.4 
Evergy Metro  
Fuel inventory$54.8 $44.9 
Supplies137.5 125.5 
Fuel inventory and supplies$192.3 $170.4 
Summary of Property, Plant and Equipment
The following tables summarize the property, plant and equipment of Evergy, Evergy Kansas Central and Evergy Metro.
June 30, 2021EvergyEvergy Kansas CentralEvergy Metro
(millions)
Electric plant in service$29,687.7 $14,389.4 $11,500.2 
Electric plant acquisition adjustment724.3 724.3 — 
Accumulated depreciation(11,287.0)(5,442.6)(4,653.0)
Plant in service, net19,125.0 9,671.1 6,847.2 
Construction work in progress1,059.2 584.5 319.2 
Nuclear fuel, net139.0 69.3 69.7 
Plant to be retired, net(a)
0.9 0.9 — 
Property, plant and equipment, net$20,324.1 $10,325.8 $7,236.1 
December 31, 2020EvergyEvergy Kansas CentralEvergy Metro
(millions)
Electric plant in service$28,914.8 $14,095.1 $11,161.8 
Electric plant acquisition adjustment724.3 724.3 — 
Accumulated depreciation(10,998.4)(5,293.5)(4,532.7)
Plant in service, net18,640.7 9,525.9 6,629.1 
Construction work in progress1,153.5 589.1 433.9 
Nuclear fuel, net155.9 77.7 78.2 
Plant to be retired, net(a)
0.9 0.9 — 
Property, plant and equipment, net$19,951.0 $10,193.6 $7,141.2 
(a) As of June 30, 2021 and December 31, 2020, represents the planned retirement of Evergy Kansas Central analog meters prior to the end of their remaining useful lives.
Schedule of Other Nonoperating Income (Expense)
The table below shows the detail of other expense for each of the Evergy Companies.
Three Months Ended
June 30
Year to Date
June 30
2021202020212020
Evergy(millions)
Non-service cost component of net benefit cost$(13.8)$(13.8)$(28.6)$(30.0)
Other(5.0)(1.1)(11.1)(7.6)
Other expense$(18.8)$(14.9)$(39.7)$(37.6)
Evergy Kansas Central
Non-service cost component of net benefit cost$(4.1)$(4.4)$(7.7)$(10.0)
Other(3.6)(1.3)(9.2)(7.2)
Other expense$(7.7)$(5.7)$(16.9)$(17.2)
Evergy Metro
Non-service cost component of net benefit cost$(6.1)$(6.3)$(14.0)$(13.2)
Other(1.0)0.4 (1.5)(0.1)
Other expense$(7.1)$(5.9)$(15.5)$(13.3)
Schedule of Earnings Per Share, Basic and Diluted
The following table reconciles Evergy's basic and diluted EPS.
Three Months Ended
June 30
Year to Date
June 30
2021202020212020
Income(millions, except per share amounts)
Net income$188.3 $136.3 $382.9 $208.5 
Less: Net income attributable to noncontrolling interests
3.0 2.9 6.0 5.7 
Net income attributable to Evergy, Inc.$185.3 $133.4 $376.9 $202.8 
Common Shares Outstanding  
Weighted average number of common shares outstanding - basic229.3 227.2 228.3 227.1 
Add: Effect of dilutive securities0.4 0.4 0.4 0.5 
Weighted average number of common shares outstanding - dilutive229.7 227.6 228.7 227.6 
Basic and Diluted EPS$0.81 $0.59 $1.65 $0.89 
Supplemental Cash Flow Information
Supplemental Cash Flow Information
Evergy
Year to Date June 3020212020
Cash paid for (received from):(millions)
Interest, net of amounts capitalized$179.9 $185.3 
Interest of VIEs0.2 0.6 
Income taxes, net of refunds0.4 0.2 
Right-of-use assets obtained in exchange for new operating lease liabilities2.4 3.8 
Right-of-use assets obtained in exchange for new finance lease liabilities0.6 3.5 
Non-cash investing transactions:
Property, plant and equipment additions149.1 113.2 
Non-cash financing transactions:
Issuance of stock for compensation and reinvested dividends0.7 0.9 
Evergy Kansas Central
Year to Date June 3020212020
Cash paid for (received from):(millions)
Interest, net of amounts capitalized$74.4 $82.7 
Interest of VIEs0.2 0.6 
Income taxes, net of refunds37.0 0.2 
Right-of-use assets obtained in exchange for new operating lease liabilities1.7 3.5 
Right-of-use assets obtained in exchange for new finance lease liabilities0.6 2.2 
Non-cash investing transactions:
Property, plant and equipment additions61.1 46.3 
Evergy Metro
Year to Date June 3020212020
Cash paid for (received from):(millions)
Interest, net of amounts capitalized$56.8 $54.9 
Income taxes, net of refunds43.9 — 
Right-of-use assets obtained in exchange for new operating lease liabilities0.7 0.3 
Right-of-use assets obtained in exchange for new finance lease liabilities— 1.3 
Non-cash investing transactions:
Property, plant and equipment additions53.1 46.4