LONG-TERM DEBT	6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT Mortgage Bonds In July 2026, Evergy Kansas Central issued, at a discount, $350.0 million of 5.30% First Mortgage Bonds (FMBs), maturing in 2036. Proceeds were used to repay $350.0 million aggregate principal amount of outstanding 2.55% FMBs at maturity in July 2026. As a result of the issuance, Evergy and Evergy Kansas Central demonstrated their intent and ability to refinance the $350.0 million of 2.55% FMBs and reflected this amount in long-term debt, net, rather than current maturities of long-term debt on Evergy's and Evergy Kansas Central's consolidated balance sheets as of June 30, 2026. In May 2026, Evergy Missouri West issued, at a discount, $300.0 million of 4.70% FMBs maturing in 2029. Proceeds were used to pay down commercial paper and for general corporate purposes. Pollution Control Bonds In June 2026, Evergy Metro remarketed its Series 2023 Environmental Improvement Revenue Refunding (EIRR) bonds totaling $79.5 million at a fixed rate of 3.375% through June 2031. Notes In March 2026, Evergy, Inc. issued, at a discount, $350.0 million of 4.25% Notes, maturing in 2029. Proceeds were used to pay down commercial paper and for general corporate purposes. Convertible Notes In December 2023, Evergy, Inc. issued $1.4 billion aggregate principal amount of 4.50% Convertible Notes (Convertible Notes). The Convertible Notes will mature in December 2027, unless earlier converted or repurchased. In January and February 2026, Evergy, Inc. repurchased $244.1 million aggregate principal amount of the Convertible Notes, under separate, privately negotiated repurchase agreements with certain holders of the Convertible Notes, for $309.5 million, including fees and excluding accrued and unpaid interest. The repurchases were funded by Term Loan Credit Agreements executed in January and February 2026, see Note 7 for additional information on the Term Loan Credit Agreements. The repurchases were accounted for as an induced conversion of debt. Evergy recognized a loss of $10.3 million in interest expense on Evergy's consolidated statement of comprehensive income year to date June 30, 2026, which included a $1.8 million inducement loss, a $7.6 million loss on the settlement of an embedded forward contract and $0.9 million in fees. In the first quarter of 2026, Evergy also recognized a $56.9 million reduction of shareholders’ equity related to the settlement of the equity-related conversion obligation under the December 2023 Convertible Notes agreement, which included $1.8 million of unamortized debt issuance costs. After these January and February 2026 repurchases, $1,155.9 million aggregate principal amount of Convertible Notes remain outstanding as of June 30, 2026. The closing price of Evergy's common stock exceeded 130% of the Convertible Notes' conversion price for at least 20 trading days during the 30 consecutive trading-day periods ending on, and including, the last trading day of both the first and second quarters of 2026, satisfying the sales price conversion condition. As a result of satisfying the condition in the first quarter of 2026, the outstanding Convertible Notes became convertible at the option of holders beginning April 1, 2026 and, as a result, were classified within current maturities of long-term debt on Evergy's consolidated balance sheet as of June 30, 2026. The satisfaction of the condition in the second quarter of 2026 allows the Convertible Notes to remain convertible at the option of holders through September 2026. Delayed Draw Term Loan In May 2026, Evergy, Inc. entered into a Delayed Draw Term Loan Agreement in which lenders committed to provide term loans in an aggregate principal amount of up to $1.0 billion. In June 2026, concurrent with entering into a $3.5 billion master credit facility discussed further in Note 7, Evergy, Inc. terminated the Delayed Draw Term Loan Agreement. No borrowings were outstanding under the agreement at the termination date and Evergy did not incur any early termination penalties.

In July 2026, Evergy Kansas Central issued, at a discount, $350.0 million of 5.30% First Mortgage Bonds (FMBs), maturing in 2036. Proceeds were used to repay $350.0 million aggregate principal amount of outstanding 2.55% FMBs at maturity in July 2026. As a result of the issuance, Evergy and Evergy Kansas Central demonstrated their intent and ability to refinance the $350.0 million of 2.55% FMBs and reflected this amount in long-term debt, net, rather than current maturities of long-term debt on Evergy's and Evergy Kansas Central's consolidated balance sheets as of June 30, 2026.

In May 2026, Evergy Missouri West issued, at a discount, $300.0 million of 4.70% FMBs maturing in 2029. Proceeds were used to pay down commercial paper and for general corporate purposes.

Pollution Control Bonds

In June 2026, Evergy Metro remarketed its Series 2023 Environmental Improvement Revenue Refunding (EIRR) bonds totaling $79.5 million at a fixed rate of 3.375% through June 2031.

In March 2026, Evergy, Inc. issued, at a discount, $350.0 million of 4.25% Notes, maturing in 2029. Proceeds were used to pay down commercial paper and for general corporate purposes.

In December 2023, Evergy, Inc. issued $1.4 billion aggregate principal amount of 4.50% Convertible Notes (Convertible Notes). The Convertible Notes will mature in December 2027, unless earlier converted or repurchased.

In January and February 2026, Evergy, Inc. repurchased $244.1 million aggregate principal amount of the Convertible Notes, under separate, privately negotiated repurchase agreements with certain holders of the Convertible Notes, for $309.5 million, including fees and excluding accrued and unpaid interest. The repurchases were funded by Term Loan Credit Agreements executed in January and February 2026, see Note 7 for additional information on the Term Loan Credit Agreements. The repurchases were accounted for as an induced conversion of debt. Evergy recognized a loss of $10.3 million in interest expense on Evergy's consolidated statement of comprehensive income year to date June 30, 2026, which included a $1.8 million inducement loss, a $7.6 million loss on the settlement of an embedded forward contract and $0.9 million in fees. In the first quarter of 2026, Evergy also recognized a $56.9 million reduction of shareholders’ equity related to the settlement of the equity-related conversion obligation under the December 2023 Convertible Notes agreement, which included $1.8 million of unamortized debt issuance costs. After these January and February 2026 repurchases, $1,155.9 million aggregate principal amount of Convertible Notes remain outstanding as of June 30, 2026.

The closing price of Evergy's common stock exceeded 130% of the Convertible Notes' conversion price for at least 20 trading days during the 30 consecutive trading-day periods ending on, and including, the last trading day of both the first and second quarters of 2026, satisfying the sales price conversion condition. As a result of satisfying the condition in the first quarter of 2026, the outstanding Convertible Notes became convertible at the option of holders beginning April 1, 2026 and, as a result, were classified within current maturities of long-term debt on Evergy's consolidated balance sheet as of June 30, 2026. The satisfaction of the condition in the second quarter of 2026 allows the Convertible Notes to remain convertible at the option of holders through September 2026.

Delayed Draw Term Loan

In May 2026, Evergy, Inc. entered into a Delayed Draw Term Loan Agreement in which lenders committed to provide term loans in an aggregate principal amount of up to $1.0 billion.