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TAXES
 9 Months Ended
Sep. 30, 2022
Income Tax Disclosure [Abstract]  
TAXES TAXES
Components of income tax expense are detailed in the following tables.
Evergy
Three Months Ended
September 30		Year to Date
September 30
2022202120222021
Current income taxes(millions)
Federal$(4.2)$(6.5)$20.8 $(0.5)
State6.0 2.2 7.7 1.7 
Total1.8 (4.3)28.5 1.2 
Deferred income taxes  
Federal50.9 61.3 55.4 94.0 
State(1.6)1.6 1.4 8.6 
Total49.3 62.9 56.8 102.6 
Investment tax credit
Deferral— — 2.7 0.4 
Amortization (1.6)(1.4)(4.9)(4.4)
Total(1.6)(1.4)(2.2)(4.0)
Income tax expense$49.5 $57.2 $83.1 $99.8 
Evergy Kansas Central
Three Months Ended
September 30		Year to Date
September 30
2022202120222021
Current income taxes(millions)
Federal$22.3 $25.6 $59.1 $45.1 
State3.2 1.1 2.3 2.6 
Total25.5 26.7 61.4 47.7 
Deferred income taxes  
Federal(8.3)(3.6)(38.7)(2.6)
State(0.6)0.6 1.2 3.5 
Total(8.9)(3.0)(37.5)0.9 
Investment tax credit
Deferral— — 2.7 0.4 
Amortization (1.1)(1.1)(3.1)(3.3)
Total(1.1)(1.1)(0.4)(2.9)
Income tax expense$15.5 $22.6 $23.5 $45.7 
Evergy Metro
Three Months Ended
September 30		Year to Date
September 30
2022202120222021
Current income taxes(millions)
Federal$(22.5)$(24.2)$(20.0)$23.9 
State2.1 2.0 3.2 3.2 
Total(20.4)(22.2)(16.8)27.1 
Deferred income taxes    
Federal54.3 49.5 73.9 18.5 
State(0.1)(0.4)(0.1)(0.8)
Total54.2 49.1 73.8 17.7 
Investment tax credit amortization(0.6)(0.4)(1.8)(1.1)
Income tax expense$33.2 $26.5 $55.2 $43.7 
Effective Income Tax Rates
Effective income tax rates reflected in the financial statements and the reasons for their differences from the statutory federal rates are detailed in the following tables.
Evergy
Three Months Ended
September 30		Year to Date
September 30
2022202120222021
Federal statutory income tax rate21.0 %21.0 %21.0 %21.0 %
Effect of:
COLI policies(1.3)(1.0)(1.0)(1.0)
State income taxes0.7 0.5 0.7 0.8 
Flow through depreciation for plant-related differences(5.6)(5.7)(5.8)(5.9)
Federal tax credits(3.7)(3.1)(3.8)(3.1)
Non-controlling interest(0.3)(0.3)(0.3)(0.3)
AFUDC equity(0.5)(0.6)(0.5)(0.6)
Amortization of federal investment tax credits(0.2)(0.4)(0.2)(0.4)
Stock compensation— — (0.2)— 
Officer compensation limitation0.2 0.5 0.2 0.5 
Other— 0.3 (0.2)(0.3)
Effective income tax rate10.3 %11.2 %9.9 %10.7 %
Evergy Kansas Central
Three Months Ended
September 30		Year to Date
September 30
2022202120222021
Federal statutory income tax rate21.0 %21.0 %21.0 %21.0 %
Effect of:
COLI policies(2.7)(1.7)(2.0)(1.7)
State income taxes0.7 0.5 0.4 0.8 
Flow through depreciation for plant-related differences(3.6)(3.6)(3.9)(3.7)
Federal tax credits(7.7)(5.2)(8.0)(5.2)
Non-controlling interest(0.6)(0.5)(0.6)(0.5)
AFUDC equity(0.7)(0.5)(0.7)(0.6)
Amortization of federal investment tax credits0.1 (0.5)0.1 (0.5)
Stock compensation— — (0.2)(0.1)
Officer compensation limitation— 0.4 — 0.3 
Other0.1 0.2 (0.3)(0.8)
Effective income tax rate6.6 %10.1 %5.8 %9.0 %
Evergy Metro
Three Months Ended
September 30		Year to Date
September 30
2022202120222021
Federal statutory income tax rate21.0 %21.0 %21.0 %21.0 %
Effect of:
COLI policies(0.1)(0.1)(0.1)(0.2)
State income taxes0.7 0.6 0.6 0.6 
Flow through depreciation for plant-related differences(6.3)(7.8)(6.5)(8.0)
Federal tax credits(0.1)(0.6)(0.1)(0.6)
AFUDC equity(0.4)(0.7)(0.4)(0.7)
Amortization of federal investment tax credits(0.5)(0.4)(0.6)(0.4)
Stock compensation— — (0.2)— 
Officer compensation limitation0.4 0.9 0.5 0.9 
Other— (0.2)(0.1)— 
Effective income tax rate14.7 %12.7 %14.1 %12.6 %