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LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Debt

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

December 31, 2023			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						—
5.90% Series			Evergy Kansas Central, Inc.						2033						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						—
5.70% Series			Evergy Kansas Central, Inc.						2053						400.0						400.0						—
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						—
4.30% EIRR bonds			Evergy Metro, Inc.						2026						79.5						—						79.5
2.25% Series			Evergy Metro, Inc.						2030						400.0						—						400.0
4.95% Series			Evergy Metro, Inc.						2033						300.0						—						300.0
4.125% Series			Evergy Metro, Inc.						2049						400.0						—						400.0
5.15% Series			Evergy Missouri West, Inc.						2027						300.0						—						—
3.75% Series			Evergy Missouri West, Inc.						2032						250.0						—						—
Pollution Control Bonds
3.66% Series(a)			Evergy Kansas Central, Inc.						2032						45.0						45.0						—
3.66% Series(a)			Evergy Kansas Central, Inc.						2032						30.5						30.5						—
3.66% Series(a)			Evergy Kansas South, Inc.						2027						21.9						21.9						—
2.50% Series			Evergy Kansas South, Inc.						2031						50.0						50.0						—
3.66% Series(a)			Evergy Kansas South, Inc.						2032						14.5						14.5						—
3.66% Series(a)			Evergy Kansas South, Inc.						2032						10.0						10.0						—
3.83% Series 2007A and 2007B(a)			Evergy Metro, Inc.						2035						146.5						—						146.5
3.50% EIRR bonds			Evergy Metro, Inc.						2038						23.4						—						23.4
Senior Notes
3.65% Series(b)			Evergy Metro, Inc.						2025						350.0						—						350.0
6.05% Series (5.78% rate)(b)(c)			Evergy Metro, Inc.						2035						250.0						—						250.0
5.30% Series(b)			Evergy Metro, Inc.						2041						400.0						—						400.0
4.20% Series(b)			Evergy Metro, Inc.						2047						300.0						—						300.0
4.20% Series(b)			Evergy Metro, Inc.						2048						300.0						—						300.0
3.49% Series A(d)			Evergy Missouri West, Inc.						2025						36.0						—						—
4.06% Series B(d)			Evergy Missouri West, Inc.						2033						60.0						—						—
4.74% Series C(d)			Evergy Missouri West, Inc.						2043						150.0						—						—
2.86% Series A(d)			Evergy Missouri West, Inc.						2031						350.0						—						—
3.01% Series B(d)			Evergy Missouri West, Inc.						2033						75.0						—						—
3.21% Series C(d)			Evergy Missouri West, Inc.						2036						75.0						—						—
2.45% Series			Evergy, Inc.						2024						800.0						—						—
2.90% Series (3.77% rate)(c)			Evergy, Inc.						2029						800.0						—						—
Convertible Notes
4.50% Convertible Notes			Evergy, Inc.						2027						1,400.0						—						—
Fair value adjustment(f)															87.0						—						—
Current maturities(g)															(800.0)						—						—
Unamortized debt discount and debt issuance costs															(106.0)						(46.5)						(25.0)
Total excluding current maturities(h)															$	11,053.3					$	4,580.4					$	2,924.4

December 31, 2022			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
2.25% Series			Evergy Metro, Inc.						2030						400.0						—						400.0
4.125% Series			Evergy Metro, Inc.						2049						400.0						—						400.0
5.15% Series			Evergy Missouri West, Inc.						2027						300.0						—						—
3.75% Series			Evergy Missouri West, Inc.						2032						250.0						—						—
Pollution Control Bonds
3.54% Series(a)			Evergy Kansas Central, Inc.						2032						45.0						45.0						—
3.54% Series(a)			Evergy Kansas Central, Inc.						2032						30.5						30.5						—
3.54% Series(a)			Evergy Kansas South, Inc.						2027						21.9						21.9						—
2.50% Series			Evergy Kansas South, Inc.						2031						50.0						50.0						—
3.54% Series(a)			Evergy Kansas South, Inc.						2032						14.5						14.5						—
3.54% Series(a)			Evergy Kansas South, Inc.						2032						10.0						10.0						—
3.287% Series 2007A and 2007B(a)			Evergy Metro, Inc.						2035						146.5						—						146.5
3.50% EIRR bonds			Evergy Metro, Inc.						2038						23.4						—						23.4
Senior Notes
3.15% Series(b)			Evergy Metro, Inc.						2023						300.0						—						300.0
3.65% Series(b)			Evergy Metro, Inc.						2025						350.0						—						350.0
6.05% Series (5.78% rate)(b)(c)			Evergy Metro, Inc.						2035						250.0						—						250.0
5.30% Series(b)			Evergy Metro, Inc.						2041						400.0						—						400.0
4.20% Series(b)			Evergy Metro, Inc.						2047						300.0						—						300.0
4.20% Series(b)			Evergy Metro, Inc.						2048						300.0						—						300.0
3.49% Series A(d)			Evergy Missouri West, Inc.						2025						36.0						—						—
4.06% Series B(d)			Evergy Missouri West, Inc.						2033						60.0						—						—
4.74% Series C(d)			Evergy Missouri West, Inc.						2043						150.0						—						—
2.86% Series A(d)			Evergy Missouri West, Inc.						2031						350.0						—						—
3.01% Series B(d)			Evergy Missouri West, Inc.						2033						75.0						—						—
3.21% Series C(d)			Evergy Missouri West, Inc.						2036						75.0						—						—
2.45% Series			Evergy, Inc.						2024						800.0						—						—
2.90% Series (3.77% rate)(c)			Evergy, Inc.						2029						800.0						—						—
Medium Term Notes
7.33% Series(d)			Evergy Missouri West, Inc.						2023						3.0						—						—
7.17% Series(d)			Evergy Missouri West, Inc.						2023						7.0						—						—
Term loan facility(e)			Evergy, Inc.						2024						500.0						—						—
Fair value adjustment(f)															92.1						—						—
Current maturities(g)															(439.1)						(50.0)						(379.5)
Unamortized debt discount and debt issuance costs															(79.6)						(40.0)						(22.8)
Total excluding current maturities(h)															$	9,905.7					$	3,886.9					$	2,547.1

(a)Variable rate.

(b)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.

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

(d)Unconditionally guaranteed by Evergy, Inc.

(e) Evergy demonstrated the intent and ability to refinance the Term Loan Facility with an original expiration date in February 2023 with a new maturity date of February 2024 and therefore it is reflected in long-term debt, net on Evergy's consolidated balance sheets as of December 31, 2022.

(f) 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 Great Plains Energy and Evergy Kansas Central merger. This amount is not part of future principal payments and will amortize over the remaining life of the associated debt instruments.

(g) Evergy's current maturities total as of December 31, 2023, did not include any fair value adjustments in connection with purchase accounting. Evergy's current maturities total as of December 31, 2022, includes $(0.4) million of fair value adjustments recorded in connection with purchase accounting for the Great Plains Energy and Evergy Kansas Central merger.

(h) As of December 31, 2023 and 2022, 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.

Schedule of Maturities of Long-Term Debt

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

						2024						2025						2026						2027						2028
						(millions)
Evergy						$	800.0					$	636.0					$	429.5					$	2,021.9					$	—
Evergy Kansas Central						—						250.0						350.0						321.9						—
Evergy Metro						—						350.0						79.5						—						—

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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.

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

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481544/470-10-50-1

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