2024 Q1 Form 10-K Financial Statement

#000171126924000007 Filed on February 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $1.331B $1.188B $5.508B
YoY Change 2.64% -7.17% -5.99%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $291.8M $286.0M $943.3M
YoY Change 4.78% 21.65% 12.82%
% of Gross Profit
Operating Expenses $1.071B $1.007B $4.226B
YoY Change 5.24% -12.45% -7.18%
Operating Profit $260.2M $1.282B
YoY Change -6.84% 1.2%
Interest Expense $133.2M -$124.5M $525.8M
YoY Change 8.2% 19.94% 30.15%
% of Operating Profit 51.19% 41.0%
Other Income/Expense, Net $4.300M -$13.50M -$4.800M
YoY Change -41.81% -91.72%
Pretax Income $131.3M $42.60M $751.8M
YoY Change -15.94% -258.96% -6.63%
Income Tax $7.300M -$16.40M $15.60M
% Of Pretax Income 5.56% -38.5% 2.08%
Net Earnings $122.7M $58.00M $731.3M
YoY Change -13.96% 673.33% -2.84%
Net Earnings / Revenue 9.22% 4.88% 13.28%
Basic Earnings Per Share $0.53 $3.18
Diluted Earnings Per Share $0.53 $0.25 $3.17
COMMON SHARES
Basic Shares Outstanding 229.7M shares 229.7M shares 230.0M shares
Diluted Shares Outstanding 230.4M shares 230.5M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $63.70M $27.70M $27.70M
YoY Change 124.3% 9.92% 9.92%
Cash & Equivalents $63.70M $27.70M $27.70M
Short-Term Investments
Other Short-Term Assets $32.40M $31.40M $374.8M
YoY Change -31.06% -29.44% -18.57%
Inventory $800.7M $776.2M $776.2M
Prepaid Expenses
Receivables $175.3M $256.9M $87.50M
Other Receivables $485.8M $522.9M $522.9M
Total Short-Term Assets $1.827B $1.789B $1.789B
YoY Change 1.57% -2.87% -2.87%
LONG-TERM ASSETS
Property, Plant & Equipment $23.95B $23.60B $23.80B
YoY Change 7.24% 6.59% 6.46%
Goodwill $2.337B $2.337B
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $583.0M $560.0M $3.051B
YoY Change 5.31% 4.77% 3.18%
Total Long-Term Assets $29.43B $29.19B $29.19B
YoY Change 5.53% 5.57% 5.57%
TOTAL ASSETS
Total Short-Term Assets $1.827B $1.789B $1.789B
Total Long-Term Assets $29.43B $29.19B $29.19B
Total Assets $31.26B $30.98B $30.98B
YoY Change 5.29% 5.04% 5.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $356.7M $616.9M $616.9M
YoY Change -2.65% 2.68% 2.68%
Accrued Expenses $233.8M $226.8M $226.8M
YoY Change 33.75% 2.39% 2.39%
Deferred Revenue
YoY Change
Short-Term Debt $1.161B $1.294B $1.294B
YoY Change -45.09% -23.5% -23.5%
Long-Term Debt Due $811.5M $800.0M $807.2M
YoY Change 482.14% 82.19% 81.47%
Total Short-Term Liabilities $3.190B $3.513B $3.513B
YoY Change -7.98% 0.54% 0.54%
LONG-TERM LIABILITIES
Long-Term Debt $11.66B $11.05B $11.10B
YoY Change 15.46% 11.59% 11.61%
Other Long-Term Liabilities $291.3M $287.9M $4.580B
YoY Change 0.0% 0.0% 0.44%
Total Long-Term Liabilities $18.40B $17.78B $15.68B
YoY Change 10.08% 7.73% 8.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.190B $3.513B $3.513B
Total Long-Term Liabilities $18.40B $17.78B $15.68B
Total Liabilities $21.59B $21.29B $21.31B
YoY Change 6.98% 6.47% 6.53%
SHAREHOLDERS EQUITY
Retained Earnings $2.432B $2.458B
YoY Change 5.76% 6.93%
Common Stock $7.235B $7.235B
YoY Change 0.18% 0.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.639B $9.663B $9.663B
YoY Change
Total Liabilities & Shareholders Equity $31.26B $30.98B $30.98B
YoY Change 5.29% 5.04% 5.04%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $122.7M $58.00M $731.3M
YoY Change -13.96% 673.33% -2.84%
Depreciation, Depletion And Amortization $291.8M $286.0M $943.3M
YoY Change 4.78% 21.65% 12.82%
Cash From Operating Activities $317.3M $428.5M $1.980B
YoY Change -12.57% 32.17% 9.9%
INVESTING ACTIVITIES
Capital Expenditures $618.6M $676.1M $2.334B
YoY Change 17.23% 22.5% 7.73%
Acquisitions
YoY Change
Other Investing Activities -$2.700M -$3.700M -$1.100M
YoY Change -165.85% -114.92% -94.15%
Cash From Investing Activities -$583.2M -$679.8M -$2.472B
YoY Change 17.37% 28.97% 14.85%
FINANCING ACTIVITIES
Cash Dividend Paid $147.7M $569.6M
YoY Change 4.98% 6.51%
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $0.00 $439.5M
YoY Change -100.0% 6.96%
Cash From Financing Activities $303.6M 238.0M $494.0M
YoY Change 121.28% 17.01% 41.43%
NET CHANGE
Cash From Operating Activities $317.3M 428.5M $1.980B
Cash From Investing Activities -$583.2M -679.8M -$2.472B
Cash From Financing Activities $303.6M 238.0M $494.0M
Net Change In Cash $37.70M -13.30M $2.500M
YoY Change 1078.13% -2760.0% -350.0%
FREE CASH FLOW
Cash From Operating Activities $317.3M $428.5M $1.980B
Capital Expenditures $618.6M $676.1M $2.334B
Free Cash Flow -$301.3M -$247.6M -$353.8M
YoY Change 82.83% 8.74% -2.96%

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CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-9300000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
494000000.0 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
349300000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
443400000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2500000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1000000.0 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-118700000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25200000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26200000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
144900000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27700000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25200000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26200000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
891900000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
112500000 usd
CY2021 evrg Stock Issued During Period Value Dividend Reinvestment Plan And Share Based Compensation Net
StockIssuedDuringPeriodValueDividendReinvestmentPlanAndShareBasedCompensationNet
2400000 usd
CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
2900000 usd
CY2021 evrg Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Issuance
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsIssuance
-2900000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1800000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5500000 usd
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
100000 usd
CY2021 us-gaap Stockholders Equity Other
StockholdersEquityOther
200000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9241700000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
765000000.0 usd
CY2022 evrg Stock Issued During Period Value Dividend Reinvestment Plan And Share Based Compensation Net
StockIssuedDuringPeriodValueDividendReinvestmentPlanAndShareBasedCompensationNet
5200000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.33
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
534800000 usd
CY2022 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
2300000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
18100000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
700000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5500000 usd
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.178
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-4000000.0 usd
CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
500000 usd
CY2022 evrg Other Regulatory Disallowances
OtherRegulatoryDisallowances
5500000 usd
CY2021 evrg Other Regulatory Disallowances
OtherRegulatoryDisallowances
0 usd
CY2023Q4 evrg Owned Generating Capacity And Renewable Purchased Power
OwnedGeneratingCapacityAndRenewablePurchasedPower
15600 mw
CY2023 evrg Number Of Customers Served
NumberOfCustomersServed
1700000 customer
CY2023 us-gaap Use Of Estimates
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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Use of Estimates </span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The process of preparing financial statements in conformity with generally accepted accounting principles (GAAP) requires the use of estimates and assumptions that affect the reported amounts of certain types of assets, liabilities, revenues and expenses. Such estimates primarily relate to unsettled transactions and events as of the date of the financial statements. Accordingly, upon settlement, actual results may differ from estimated amounts.</span></div>
CY2023Q4 us-gaap Energy Related Inventory Coal
EnergyRelatedInventoryCoal
257300000 usd
CY2022Q4 us-gaap Energy Related Inventory Coal
EnergyRelatedInventoryCoal
180700000 usd
CY2023Q4 evrg Energy Related Inventory Supplies
EnergyRelatedInventorySupplies
518900000 usd
CY2022Q4 evrg Energy Related Inventory Supplies
EnergyRelatedInventorySupplies
492200000 usd
CY2023Q4 us-gaap Energy Related Inventory
EnergyRelatedInventory
776200000 usd
CY2022Q4 us-gaap Energy Related Inventory
EnergyRelatedInventory
672900000 usd
CY2023 evrg Allowance For Borrowed Funds Used During Construction
AllowanceForBorrowedFundsUsedDuringConstruction
39300000 usd
CY2022 evrg Allowance For Borrowed Funds Used During Construction
AllowanceForBorrowedFundsUsedDuringConstruction
15800000 usd
CY2021 evrg Allowance For Borrowed Funds Used During Construction
AllowanceForBorrowedFundsUsedDuringConstruction
14700000 usd
CY2023 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
10800000 usd
CY2022 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
22500000 usd
CY2021 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
29400000 usd
CY2023 us-gaap Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
50100000 usd
CY2022 us-gaap Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
38300000 usd
CY2021 us-gaap Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
44100000 usd
CY2023 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.03
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
26700000 usd
CY2023 evrg Non Service Cost Component Of Net Benefit Cost
NonServiceCostComponentOfNetBenefitCost
51200000 usd
CY2022 evrg Non Service Cost Component Of Net Benefit Cost
NonServiceCostComponentOfNetBenefitCost
62900000 usd
CY2023 evrg Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
-23900000 usd
CY2022 evrg Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
-34400000 usd
CY2021 evrg Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
-31800000 usd
CY2023 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
75100000 usd
CY2023Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
1349900000 usd
CY2022Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
1387400000 usd
CY2023Q4 evrg Corporate Owned Life Insurance Borrowings
CorporateOwnedLifeInsuranceBorrowings
1221100000 usd
CY2022Q4 evrg Corporate Owned Life Insurance Borrowings
CorporateOwnedLifeInsuranceBorrowings
1256600000 usd
CY2023Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
128800000 usd
CY2022Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
130800000 usd
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Allowance for Credit Losses </span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Historical loss information generally provides the basis for the Evergy Companies' assessment of expected credit losses. The Evergy Companies use an aging of accounts receivable method to assess historical loss information. When historical experience may not fully reflect the Evergy Companies' expectations about the future, the Evergy Companies will adjust historical loss information, as necessary, to reflect the current conditions and reasonable and supportable forecasts not already reflected in the historical loss information.</span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Receivables are charged off when they are deemed uncollectible, which is based on a number of factors including specific facts surrounding an account and management's judgment.</span></div>
CY2022 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
97300000 usd
CY2021 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
87400000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
743600000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
765000000.0 usd
CY2021 us-gaap Profit Loss
ProfitLoss
891900000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12300000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12300000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12200000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
731300000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
752700000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
879700000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
230000000.0 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
229900000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
229000000.0 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
500000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
400000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
600000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
230500000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
230300000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
229600000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.18
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.27
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.84
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.17
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.27
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.83
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023 us-gaap Interest Paid Net
InterestPaidNet
500900000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
393700000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
356900000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
34400000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
21600000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-19600000 usd
CY2023 evrg Non Cash Property Plant And Equipment Additions Gross
NonCashPropertyPlantAndEquipmentAdditionsGross
251300000 usd
CY2022 evrg Non Cash Property Plant And Equipment Additions Gross
NonCashPropertyPlantAndEquipmentAdditionsGross
354700000 usd
CY2021 evrg Non Cash Property Plant And Equipment Additions Gross
NonCashPropertyPlantAndEquipmentAdditionsGross
269300000 usd
CY2021Q1 evrg Increase Of Natural Gas And Purchased Power Costs Net Increase In Wholesale Revenues
IncreaseOfNaturalGasAndPurchasedPowerCostsNetIncreaseInWholesaleRevenues
367900000 usd
CY2021Q1 evrg Increase Of Natural Gas And Purchased Power Costs Net Increase In Wholesale Revenues
IncreaseOfNaturalGasAndPurchasedPowerCostsNetIncreaseInWholesaleRevenues
367900000 usd
CY2022 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
15100000 usd
CY2022 evrg Equity Investment Gain Loss Net Of Derivative Gain Loss
EquityInvestmentGainLossNetOfDerivativeGainLoss
-16300000 usd
CY2023Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
2725500000 usd
CY2022Q4 us-gaap Regulatory Liabilities
RegulatoryLiabilities
2722200000 usd
CY2023Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
183000000.0 usd
CY2022Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
155400000 usd
CY2023Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
2542500000 usd
CY2022Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
2566800000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5345100000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5589200000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5329100000 usd
CY2023 evrg Other Revenue
OtherRevenue
163100000 usd
CY2022 evrg Other Revenue
OtherRevenue
269900000 usd
CY2021 evrg Other Revenue
OtherRevenue
257600000 usd
CY2023 us-gaap Revenues
Revenues
5508200000 usd
CY2022 us-gaap Revenues
Revenues
5859100000 usd
CY2021 us-gaap Revenues
Revenues
5586700000 usd
CY2023Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
169400000 usd
CY2022Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
200900000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
24200000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
31400000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
256900000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
315300000 usd
CY2023Q4 evrg Other Receivables Contracts With Customers
OtherReceivablesContractsWithCustomers
61500000 usd
CY2022Q4 evrg Other Receivables Contracts With Customers
OtherReceivablesContractsWithCustomers
113000000.0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
31400000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
32900000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15400000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
16100000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
33300000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
28800000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
10700000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
11200000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
24200000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
31400000 usd
CY2023Q4 us-gaap Transfers Accounted For As Secured Borrowings Assets Carrying Amount
TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount
342000000.0 usd
CY2022Q4 us-gaap Transfers Accounted For As Secured Borrowings Assets Carrying Amount
TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount
359000000.0 usd
CY2023Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0506
CY2023Q4 us-gaap Regulatory Assets
RegulatoryAssets
2087400000 usd
CY2022Q4 us-gaap Regulatory Assets
RegulatoryAssets
2214300000 usd
CY2023Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
292100000 usd
CY2022Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
368000000.0 usd
CY2023Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1795300000 usd
CY2022Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1846300000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
2336600000 usd
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reporting_unit
CY2023 evrg Increase Decrease In Aro Resulting From Decommissioning Study
IncreaseDecreaseInAROResultingFromDecommissioningStudy
3200000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1153200000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
960100000 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
9700000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0 usd
CY2023 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
3200000 usd
CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
161800000 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
21800000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
13000000.0 usd
CY2023 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
58800000 usd
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
44300000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1203100000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1153200000 usd
CY2023Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
40300000 usd
CY2022Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
40400000 usd
CY2023Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1162800000 usd
CY2022Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1112800000 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
9700000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
34166000000 usd
CY2023Q4 evrg Property Plant And Equipment Adjustment
PropertyPlantAndEquipmentAdjustment
724900000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
13043100000 usd
CY2023Q4 evrg Public Utilities Property Plant And Equipment In Service Net
PublicUtilitiesPropertyPlantAndEquipmentInServiceNet
21847800000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
25600000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
1543500000 usd
CY2023Q4 us-gaap Nuclear Fuel Net Of Amortization
NuclearFuelNetOfAmortization
203000000.0 usd
CY2023Q4 evrg Plant To Be Retired Net
PlantToBeRetiredNet
800000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23595100000 usd
CY2022Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
32129300000 usd
CY2022Q4 evrg Property Plant And Equipment Adjustment
PropertyPlantAndEquipmentAdjustment
724300000 usd
CY2022Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
12304900000 usd
CY2022Q4 evrg Public Utilities Property Plant And Equipment In Service Net
PublicUtilitiesPropertyPlantAndEquipmentInServiceNet
20548700000 usd
CY2022Q4 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
1421200000 usd
CY2022Q4 us-gaap Nuclear Fuel Net Of Amortization
NuclearFuelNetOfAmortization
165800000 usd
CY2022Q4 evrg Plant To Be Retired Net
PlantToBeRetiredNet
800000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22136500000 usd
CY2023 us-gaap Depreciation
Depreciation
943300000 usd
CY2022 us-gaap Depreciation
Depreciation
836100000 usd
CY2021 us-gaap Depreciation
Depreciation
813600000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
24100000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
25300000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17700000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18800000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15600000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1600000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2600000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
-100000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.24
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
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CY2023Q4 evrg Credit Derivative Maximum Exposure After Master Netting And Collateral
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CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
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CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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CY2023Q4 us-gaap Finance Lease Liability
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CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
83300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
11900000 usd
CY2023Q4 us-gaap Operating Lease Liability
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71400000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
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18100000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
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53300000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
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71100000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y10M24D
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false
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false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
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false
CY2023 dei Auditor Firm
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34
CY2021 us-gaap Share Based Compensation
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15600000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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8718500000 usd
CY2021 us-gaap Deferred Income Taxes And Tax Credits
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102200000 usd
CY2023 us-gaap Increase Decrease In Allowance For Equity Funds Used During Construction
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10800000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13800000 usd

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