XML 27 R11.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Cash Flows - Evergy Kansas Central, Inc - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:    
Net income $ 754.4 $ 835.4
Adjustments to reconcile income to net cash from operating activities:    
Depreciation and amortization 694.3 669.5
Amortization of nuclear fuel 47.7 35.7
Amortization of deferred refueling outage 18.8 18.8
Amortization of corporate-owned life insurance 18.3 18.5
Non-cash compensation 15.2 11.4
Net deferred income taxes and credits 54.6 98.6
Allowance for equity funds used during construction (18.3) (20.8)
Payments for asset retirement obligations (9.4) (10.0)
Equity in earnings of equity method investees, net of income taxes (5.5) (6.1)
Income from corporate-owned life insurance (1.2) (13.7)
Other 0.9 (4.5)
Changes in working capital items:    
Accounts receivable (127.8) (39.6)
Accounts receivable pledged as collateral (76.0) (35.0)
Fuel inventory and supplies (48.0) (40.0)
Prepaid expenses and other current assets 16.1 (167.9)
Accounts payable (142.6) (206.8)
Accrued taxes 204.8 169.5
Other current liabilities (43.2) (14.1)
Changes in other assets 92.8 (308.7)
Changes in other liabilities 31.8 45.8
Cash Flows from Operating Activities 1,477.7 1,036.0
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Additions to property, plant and equipment (1,614.6) (1,394.7)
Purchase of securities - trusts (28.5) (108.4)
Sale of securities - trusts 22.3 95.3
Investment in corporate-owned life insurance (15.5) (13.5)
Proceeds from investment in corporate-owned life insurance 3.4 76.3
Other investing activities 7.8 (4.1)
Cash Flows used in Investing Activities (1,625.1) (1,349.1)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Short-term debt, net 62.9 301.6
Collateralized short-term debt, net 76.0 35.0
Proceeds from long-term debt 246.9 497.3
Retirements of long-term debt (387.5) (351.1)
Retirements of long-term debt of variable interest entities 0.0 (18.8)
Borrowings against cash surrender value of corporate-owned life insurance 52.4 53.1
Repayment of borrowings against cash surrender value of corporate-owned life insurance (1.2) (62.1)
Cash dividends paid (394.1) (366.7)
Other financing activities (9.5) (7.3)
Cash Flows from Financing Activities 145.9 193.5
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (1.5) (119.6)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Beginning of period 26.2 144.9
End of period 24.7 25.3
Evergy Kansas Central    
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:    
Net income 381.8 461.4
Adjustments to reconcile income to net cash from operating activities:    
Depreciation and amortization 361.9 349.1
Amortization of nuclear fuel 23.7 17.8
Amortization of deferred refueling outage 9.4 9.4
Amortization of corporate-owned life insurance 18.3 18.5
Net deferred income taxes and credits (37.9) (2.0)
Allowance for equity funds used during construction (6.9) (11.6)
Payments for asset retirement obligations (4.9) (2.3)
Equity in earnings of equity method investees, net of income taxes (3.1) (3.0)
Income from corporate-owned life insurance (1.2) (13.7)
Other (4.1) (4.1)
Changes in working capital items:    
Accounts receivable (61.8) (6.3)
Accounts receivable pledged as collateral (47.0) (20.0)
Fuel inventory and supplies (34.7) (2.9)
Prepaid expenses and other current assets 75.5 (116.2)
Accounts payable 0.9 (74.9)
Accrued taxes 86.1 71.1
Other current liabilities (27.3) (55.7)
Changes in other assets 15.1 (81.9)
Changes in other liabilities 14.8 (4.4)
Cash Flows from Operating Activities 758.6 528.3
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Additions to property, plant and equipment (682.3) (605.4)
Purchase of securities - trusts (9.2) (88.0)
Sale of securities - trusts 10.1 82.9
Investment in corporate-owned life insurance (15.5) (13.5)
Proceeds from investment in corporate-owned life insurance 3.4 76.3
Other investing activities 2.0 2.0
Cash Flows used in Investing Activities (691.5) (545.7)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Short-term debt, net 232.2 184.0
Collateralized short-term debt, net 47.0 20.0
Retirements of long-term debt of variable interest entities 0.0 (18.8)
Borrowings against cash surrender value of corporate-owned life insurance 50.5 50.1
Repayment of borrowings against cash surrender value of corporate-owned life insurance (1.2) (62.1)
Cash dividends paid (385.0) (170.0)
Other financing activities (3.4) (3.1)
Cash Flows from Financing Activities (59.9) 0.1
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 7.2 (17.3)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Beginning of period 3.1 28.7
End of period $ 10.3 $ 11.4