XML 32 R12.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Cash Flows - Westar Energy Inc Statement - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:    
Net income $ 103.4 $ 62.9
Adjustments to reconcile income to net cash from operating activities:    
Depreciation and amortization 213.6 89.6
Amortization of nuclear fuel 14.6 7.7
Amortization of deferred refueling outage 6.5 4.0
Amortization of corporate-owned life insurance 6.6 5.5
Non-cash compensation 5.4 2.5
Net deferred income taxes and credits (2.0) 3.8
Allowance for equity funds used during construction (0.2) (1.1)
Payments for asset retirement obligations (1.2) (1.9)
Equity in earnings of equity method investees, net of income taxes (2.2) (1.4)
Income from corporate-owned life insurance (9.9) (0.7)
Other (1.3) (1.4)
Changes in working capital items:    
Accounts receivable 26.6 46.2
Fuel inventory and supplies 44.6 6.9
Prepaid expenses and other current assets 35.5 (0.1)
Accounts payable (119.4) (24.2)
Accrued taxes 100.2 48.7
Other current liabilities (74.7) (11.8)
Changes in other assets 12.8 0.7
Changes in other liabilities (2.8) 23.7
Cash Flows from Operating Activities 362.1 259.6
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Additions to property, plant and equipment (309.0) (174.8)
Purchase of securities - trusts (17.9) (85.4)
Sale of securities - trusts 15.4 86.1
Investment in corporate-owned life insurance (2.1) (1.0)
Proceeds from investment in corporate-owned life insurance 40.9 2.6
Other investing activities 1.3 (1.6)
Cash Flows used in Investing Activities (271.4) (174.1)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Short term debt, net 572.4 14.1
Retirements of long-term debt of variable interest entities (30.3) (28.5)
Borrowings against cash surrender value of corporate-owned life insurance 0.6 0.7
Repayment of borrowings against cash surrender value of corporate-owned life insurance (30.1) (1.7)
Cash dividends paid (119.8) (57.4)
Other financing activities (4.5) (4.9)
Cash Flows used in Financing Activities 296.9 (77.7)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 387.6 7.8
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Beginning of period 160.3 3.5
End of period 547.9 11.3
Westar Energy    
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:    
Net income 68.3 62.9
Adjustments to reconcile income to net cash from operating activities:    
Depreciation and amortization 109.8 89.6
Amortization of nuclear fuel 7.3 7.7
Amortization of deferred refueling outage 3.2 4.0
Amortization of corporate-owned life insurance 6.6 5.5
Non-cash compensation 0.0 2.5
Net deferred income taxes and credits (0.3) 3.8
Allowance for equity funds used during construction 0.0 (1.1)
Payments for asset retirement obligations (0.3) (1.9)
Equity in earnings of equity method investees, net of income taxes (1.2) (1.4)
Income from corporate-owned life insurance (9.3) (0.7)
Other (1.4) (1.4)
Changes in working capital items:    
Accounts receivable (7.9) 46.2
Fuel inventory and supplies 21.9 6.9
Prepaid expenses and other current assets 14.8 (0.1)
Accounts payable (7.2) (24.2)
Accrued taxes 59.5 48.7
Other current liabilities (18.9) (11.8)
Changes in other assets 4.6 0.7
Changes in other liabilities (7.0) 23.7
Cash Flows from Operating Activities 242.5 259.6
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Additions to property, plant and equipment (151.7) (174.8)
Purchase of securities - trusts (7.5) (85.4)
Sale of securities - trusts 7.2 86.1
Investment in corporate-owned life insurance (2.1) (1.0)
Proceeds from investment in corporate-owned life insurance 40.3 2.6
Other investing activities (0.1) (1.6)
Cash Flows used in Investing Activities (113.9) (174.1)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Short term debt, net 2.1 14.1
Retirements of long-term debt of variable interest entities (30.3) (28.5)
Borrowings against cash surrender value of corporate-owned life insurance 0.6 0.7
Repayment of borrowings against cash surrender value of corporate-owned life insurance (30.1) (1.7)
Cash dividends paid (110.0) (57.4)
Other financing activities (2.4) (4.9)
Cash Flows used in Financing Activities (170.1) (77.7)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (41.5) 7.8
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Beginning of period 44.5 3.5
End of period $ 3.0 $ 11.3