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LEASES - Schedule of Future Payments for Finance Leases (Details) $ in Millions | Mar. 31, 2019 USD ($)
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Lessee, Lease, Description [Line Items] |
2019 | $ 5.4
2020 | 7.0
2021 | 6.5
2022 | 5.7
2023 | 4.8
After 2023 | 48.4
Total finance lease payments | 77.8
Amounts representing imputed interest | (27.6)
Present value of lease payments | 50.2
Less: current portion | (4.2)
Total long-term obligations under finance leases | $ 46.0
Weighted-average lease term (years) | 15 years 5 months 1 day
Weighted-average discount rate | 5.70%
Westar Energy |
Lessee, Lease, Description [Line Items] |
2019 | $ 5.1
2020 | 6.6
2021 | 6.0
2022 | 5.2
2023 | 4.4
After 2023 | 46.4
Total finance lease payments | 73.7
Amounts representing imputed interest | (26.4)
Present value of lease payments | 47.3
Less: current portion | (4.0)
Total long-term obligations under finance leases | $ 43.3
Weighted-average lease term (years) | 15 years 9 months
Weighted-average discount rate | 5.60%
KCP&L |
Lessee, Lease, Description [Line Items] |
2019 | $ 0.2
2020 | 0.2
2021 | 0.2
2022 | 0.2
2023 | 0.2
After 2023 | 1.0
Total finance lease payments | 2.0
Amounts representing imputed interest | (0.6)
Present value of lease payments | 1.4
Less: current portion | (0.1)
Total long-term obligations under finance leases | $ 1.3
Weighted-average lease term (years) | 9 years 5 months 1 day
Weighted-average discount rate | 7.60%

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- Definition Present value of lessee's discounted obligation for lease payments from finance lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 45 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=77888419&loc=SL77918627-209977 + Details
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