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TAXES
 3 Months Ended
Mar. 31, 2023
Income Tax Disclosure [Abstract]  
TAXES TAXES
Components of income tax expense are detailed in the following tables.
Evergy
Three Months Ended March 3120232022
Current income taxes(millions)
Federal$5.0 $11.5 
State4.7 (0.4)
Total9.7 11.1 
Deferred income taxes  
Federal7.7 (3.9)
State(3.3)3.2 
Total4.4 (0.7)
Investment tax credit
Deferral— 2.7 
Amortization(1.7)(1.6)
Total(1.7)1.1 
Income tax expense$12.4 $11.5 
Evergy Kansas Central
Three Months Ended March 3120232022
Current income taxes(millions)
Federal$18.1 $7.9 
State2.0 0.2 
Total20.1 8.1 
Deferred income taxes  
Federal(10.0)(8.5)
State(0.7)2.3 
Total(10.7)(6.2)
Investment tax credit
Deferral— 2.7 
Amortization(1.0)(1.0)
Total(1.0)1.7 
Income tax expense$8.4 $3.6 
Evergy Metro
Three Months Ended March 3120232022
Current income taxes(millions)
Federal$(5.1)$9.4 
State1.6 0.1 
Total(3.5)9.5 
Deferred income taxes  
Federal12.4 (1.6)
State(1.2)0.4 
Total11.2 (1.2)
Investment tax credit
Amortization(0.8)(0.6)
Total(0.8)(0.6)
Income tax expense$6.9 $7.7 
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 March 3120232022
Federal statutory income tax21.0 %21.0 %
COLI policies(1.4)(0.5)
State income taxes0.6 1.4 
Flow through depreciation for plant-related differences(7.7)(6.3)
Federal tax credits(3.5)(3.7)
Non-controlling interest(0.3)(0.3)
AFUDC equity(0.6)(0.5)
Amortization of federal investment tax credits(0.6)(0.2)
Stock compensation0.1 (0.9)
Officer compensation limitation0.2 0.3 
Other0.1 (1.9)
Effective income tax rate7.9 %8.4 %
Evergy Kansas Central
Three Months Ended March 3120232022
Federal statutory income tax21.0 %21.0 %
COLI policies(2.4)(1.0)
State income taxes0.7 2.0 
Flow through depreciation for plant-related differences(4.0)(5.0)
Federal tax credits(6.3)(7.7)
Non-controlling interest(0.5)(0.6)
AFUDC equity(0.5)(0.7)
Amortization of federal investment tax credits(0.4)0.1 
Stock compensation(0.2)(0.6)
Other— (2.9)
Effective income tax rate7.4 %4.6 %
Evergy Metro
Three Months Ended March 3120232022
Federal statutory income tax21.0 %21.0 %
COLI policies(0.1)(0.2)
State income taxes0.6 0.6 
Flow through depreciation for plant-related differences(8.1)(7.0)
Federal tax credits(0.2)(0.2)
AFUDC equity(0.9)(0.4)
Amortization of federal investment tax credits(0.9)(0.6)
Stock compensation1.0 (1.3)
Officer compensation limitation0.6 0.5 
Other(0.1)— 
Effective income tax rate12.9 %12.4 %