XML 86 R54.htm IDEA: XBRL DOCUMENT v3.20.4

LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of Debt

The Evergy Companies' long-term debt is detailed in the following tables.

December 31, 2020			Issuing Entity						Year Due						Evergy						Evergy Kansas Central						Evergy Metro
Mortgage Bonds															(millions)
3.25% Series			Evergy Kansas Central, Inc.						2025						250.0						250.0						—
2.55% Series			Evergy Kansas Central, Inc.						2026						350.0						350.0						—
3.10% Series			Evergy Kansas Central, Inc.						2027						300.0						300.0						—
4.125% Series			Evergy Kansas Central, Inc.						2042						550.0						550.0						—
4.10% Series			Evergy Kansas Central, Inc.						2043						430.0						430.0						—
4.625% Series			Evergy Kansas Central, Inc.						2043						250.0						250.0						—
4.25% Series			Evergy Kansas Central, Inc.						2045						300.0						300.0						—
3.25% Series			Evergy Kansas Central, Inc.						2049						300.0						300.0
3.45% Series			Evergy Kansas Central, Inc.						2050						500.0						500.0						—
6.15% Series			Evergy Kansas South, Inc.						2023						50.0						50.0						—
6.53% Series			Evergy Kansas South, Inc.						2037						175.0						175.0						—
6.64% Series			Evergy Kansas South, Inc.						2038						100.0						100.0						—
4.30% Series			Evergy Kansas South, Inc.						2044						250.0						250.0						—
2.95% EIRR bonds			Evergy Metro, Inc.						2023						79.5						—						79.5
4.125% Series			Evergy Metro, Inc.						2049						400.0						—						400.0
2.25% Series			Evergy Metro, Inc.						2030						400.0						—						400.0
9.44% Series			Evergy Missouri West, Inc.						2021						1.1						—						—
Pollution Control Bonds
0.18% Series(b)			Evergy Kansas Central, Inc.						2032						45.0						45.0						—
0.18% Series(b)			Evergy Kansas Central, Inc.						2032						30.5						30.5						—
0.18% Series(b)			Evergy Kansas South, Inc.						2027						21.9						21.9						—
2.50% Series			Evergy Kansas South, Inc.						2031						50.0						50.0						—
0.18% Series(b)			Evergy Kansas South, Inc.						2032						14.5						14.5						—
0.18% Series(b)			Evergy Kansas South, Inc.						2032						10.0						10.0						—
0.20% Series 2007A and 2007B(b)			Evergy Metro, Inc.						2035						146.5						—						146.5
2.75% Series 2008			Evergy Metro, Inc.						2038						23.4						—						23.4
Senior Notes
3.15% Series(g)			Evergy Metro, Inc.						2023						300.0						—						300.0
3.65% Series(g)			Evergy Metro, Inc.						2025						350.0						—						350.0
6.05% Series (5.78% rate)(a)(g)			Evergy Metro, Inc.						2035						250.0						—						250.0
5.30% Series(g)			Evergy Metro, Inc.						2041						400.0						—						400.0
4.20% Series(g)			Evergy Metro, Inc.						2047						300.0						—						300.0
4.20% Series(g)			Evergy Metro, Inc.						2048						300.0						—						300.0
8.27% Series			Evergy Missouri West, Inc.						2021						80.9						—						—
3.49% Series A			Evergy Missouri West, Inc.						2025						36.0						—						—
4.06% Series B			Evergy Missouri West, Inc.						2033						60.0						—						—
4.74% Series C			Evergy Missouri West, Inc.						2043						150.0						—						—
3.74% Series			Evergy Missouri West, Inc.						2022						100.0						—						—
4.85% Series			Evergy, Inc.(f)						2021						350.0						—						—
5.292% Series			Evergy, Inc.(f)						2022						287.5						—						—
2.45% Series			Evergy, Inc.						2024						800.0						—						—
2.90% Series (3.77% rate)(a)			Evergy, Inc.						2029						800.0						—						—
Medium Term Notes
7.33% Series			Evergy Missouri West, Inc.						2023						3.0						—						—
7.17% Series			Evergy Missouri West, Inc.						2023						7.0						—						—
Fair value adjustment(e)															110.4						—						—
Current maturities(c)															(436.4)						—						—
Unamortized debt discount and debt issuance costs															(84.9)						(45.4)						(26.4)
Total excluding current maturities(d)															$	9,190.9					$	3,931.5					$	2,923.0

December 31, 2019			Issuing Entity						Year Due						Evergy						Evergy Kansas Central						Evergy Metro
Mortgage Bonds															(millions)
5.10% Series			Evergy Kansas Central, Inc.						2020						$	250.0					$	250.0					$	—
3.25% Series			Evergy Kansas Central, Inc.						2025						250.0						250.0						—
2.55% Series			Evergy Kansas Central, Inc.						2026						350.0						350.0						—
3.10% Series			Evergy Kansas Central, Inc.						2027						300.0						300.0						—
4.125% Series			Evergy Kansas Central, Inc.						2042						550.0						550.0						—
4.10% Series			Evergy Kansas Central, Inc.						2043						430.0						430.0						—
4.625% Series			Evergy Kansas Central, Inc.						2043						250.0						250.0						—
4.25% Series			Evergy Kansas Central, Inc.						2045						300.0						300.0						—
3.25% Series			Evergy Kansas Central, Inc.						2049						300.0						300.0
6.15% Series			Evergy Kansas South, Inc.						2023						50.0						50.0						—
6.53% Series			Evergy Kansas South, Inc.						2037						175.0						175.0						—
6.64% Series			Evergy Kansas South, Inc.						2038						100.0						100.0						—
4.30% Series			Evergy Kansas South, Inc.						2044						250.0						250.0						—
2.95% EIRR bonds			Evergy Metro, Inc.						2023						79.5						—						79.5
4.125% Series			Evergy Metro, Inc.						2049						400.0						—						400.0
9.44% Series			Evergy Missouri West, Inc.						2020-2021						2.3						—						—
Pollution Control Bonds
1.39% Series(b)			Evergy Kansas Central, Inc.						2032						45.0						45.0						—
1.39% Series(b)			Evergy Kansas Central, Inc.						2032						30.5						30.5						—
1.39% Series(b)			Evergy Kansas South, Inc.						2027						21.9						21.9						—
2.50% Series			Evergy Kansas South, Inc.						2031						50.0						50.0						—
1.39% Series(b)			Evergy Kansas South, Inc.						2032						14.5						14.5						—
1.39% Series(b)			Evergy Kansas South, Inc.						2032						10.0						10.0						—
1.432% Series 2007A and 2007B(b)			Evergy Metro, Inc.						2035						146.5						—						146.5
2.75% Series 2008			Evergy Metro, Inc.						2038						23.4						—						23.4
Senior Notes
3.15% Series(g)			Evergy Metro, Inc.						2023						300.0						—						300.0
3.65% Series(g)			Evergy Metro, Inc.						2025						350.0						—						350.0
6.05% Series (5.78% rate)(a)(g)			Evergy Metro, Inc.						2035						250.0						—						250.0
5.30% Series(g)			Evergy Metro, Inc.						2041						400.0						—						400.0
4.20% Series(g)			Evergy Metro, Inc.						2047						300.0						—						300.0
4.20% Series(g)			Evergy Metro, Inc.						2048						300.0						—						300.0
8.27% Series			Evergy Missouri West, Inc.						2021						80.9						—						—
3.49% Series A			Evergy Missouri West, Inc.						2025						36.0						—						—
4.06% Series B			Evergy Missouri West, Inc.						2033						60.0						—						—
4.74% Series C			Evergy Missouri West, Inc.						2043						150.0						—						—
3.74% Series			Evergy Missouri West, Inc.						2022						100.0						—						—
4.85% Series			Evergy, Inc.(f)						2021						350.0						—						—
5.292% Series			Evergy, Inc.(f)						2022						287.5						—						—
2.45% Series			Evergy, Inc.						2024						800.0						—						—
2.90% Series (3.77% rate)(a)			Evergy, Inc.						2029						800.0						—						—
Medium Term Notes
7.33% Series			Evergy Missouri West, Inc.						2023						3.0						—						—
7.17% Series			Evergy Missouri West, Inc.						2023						7.0						—						—
Fair value adjustment(e)															125.5						—						—
Current maturities(c)															(251.1)						(250.0)						—
Unamortized debt discount and debt issuance costs															(80.7)						(40.8)						(24.4)
Total excluding current maturities(d)															$	8,746.7					$	3,436.1					$	2,525.0

(a)Rate after amortizing gains/losses recognized in OCI on settlements of interest rate hedging instruments.

(b)Variable rate.

(c)Evergy's current maturities total as of December 31, 2020 and 2019, includes $4.4 million and $4.3 million, respectively, of fair value adjustments recorded in connection with purchase accounting for the merger transaction.

(d)At December 31, 2020 and 2019, does not include $50.0 million and $21.9 million of secured Series 2005 Environmental Improvement Revenue Refunding (EIRR) bonds because the bonds were repurchased in September 2015 and are held by Evergy Metro.

(e)Represents the fair value adjustments recorded at Evergy consolidated related to the long-term debt of Great Plains Energy, Evergy Metro and Evergy Missouri West in connection with purchase accounting for the merger transaction. This amount is not part of future principal payments and will amortize over the remaining life of the associated debt instruments.

(f)Originally issued by Great Plains Energy but assumed by Evergy, Inc. as part of the merger transaction.

(g)Effectively secured pursuant to the General Mortgage Indenture and Deed of Trust dated as of December 1, 1986, as supplemented (Evergy Metro Mortgage Indenture) through the issuance of collateral mortgage bonds to the trustee in 2019.

The following table summarizes Evergy's and Evergy Kansas Central's long-term debt of VIEs.

									December 31
						2020												2019
									(millions)
2.398% due 2021									$	18.8											$	51.1
Current maturities									(18.8)												(32.3)
Total excluding current maturities									$	—											$	18.8

Schedule of Maturities of Long-Term Debt

Evergy's, Evergy Kansas Central's and Evergy Metro's long-term debt maturities and the long-term debt maturities of VIEs for the next five years are detailed in the following table.

						2021						2022						2023						2024						2025
						(millions)
Evergy(a)						$	432.0					$	387.5					$	439.5					$	800.0					$	636.0
Evergy Kansas Central(a)						—						—						50.0						—						250.0
Evergy Metro						—						—						379.5						—						350.0
VIEs						18.8						—						—						—						—

(a) Excludes long-term debt maturities of VIEs.

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

+ Details

Name:	us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration