- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References+ Details

Lines of Credit and Short-Term Borrowings - Schedule of Credit Facilities (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	May 09, 2014	May 08, 2014	Apr. 09, 2013	Apr. 08, 2013
ARIZONA PUBLIC SERVICE COMPANY \| Commercial paper
Lines of Credit and Short-Term Borrowings
Long-term line of credit	$ 147,000,000	$ 153,000,000
Revolving credit facility
Lines of Credit and Short-Term Borrowings
Amount committed	1,200,000,000	1,200,000,000
Unused amount	1,053,000,000	1,047,000,000
Revolving credit facility \| Pinnacle West \| Revolving credit facility maturing in 2019
Lines of Credit and Short-Term Borrowings
Amount committed	200,000,000		200,000,000
Unused amount	200,000,000
Commitment fees (as a percent)	0.175%
Revolving credit facility \| Pinnacle West \| Revolving credit facility maturing in 2016
Lines of Credit and Short-Term Borrowings
Amount committed		200,000,000		200,000,000
Unused amount		200,000,000
Commitment fees (as a percent)		17.50%
Revolving credit facility \| ARIZONA PUBLIC SERVICE COMPANY
Lines of Credit and Short-Term Borrowings
Long-term line of credit	0	0
Revolving credit facility \| ARIZONA PUBLIC SERVICE COMPANY \| Revolving credit facility maturing in 2019
Lines of Credit and Short-Term Borrowings
Amount committed	500,000,000		500,000,000
Unused amount	500,000,000
Commitment fees (as a percent)	0.125%
Revolving credit facility \| ARIZONA PUBLIC SERVICE COMPANY \| Revolving credit facility maturing in 2018
Lines of Credit and Short-Term Borrowings
Amount committed	500,000,000	500,000,000			500,000,000
Unused amount	353,000,000	500,000,000
Commitment fees (as a percent)	0.125%	12.50%
Revolving credit facility \| ARIZONA PUBLIC SERVICE COMPANY \| Revolving credit facility maturing in 2016
Lines of Credit and Short-Term Borrowings
Amount committed		500,000,000		500,000,000
Unused amount		347,000,000
Commitment fees (as a percent)		12.50%
Revolving credit facility \| ARIZONA PUBLIC SERVICE COMPANY \| Revolving credit facility maturing in 2015
Lines of Credit and Short-Term Borrowings
Amount committed						500,000,000
Revolving credit facility \| ARIZONA PUBLIC SERVICE COMPANY \| Revolving credit facilities maturing April 2018 and May 2019
Lines of Credit and Short-Term Borrowings
Number of credit facilities	2
Amount committed	1,000,000,000
Unused amount	853,000,000
Revolving credit facility \| ARIZONA PUBLIC SERVICE COMPANY \| Revolving credit facilities maturing November 2016 and April 2018
Lines of Credit and Short-Term Borrowings
Number of credit facilities		2
Amount committed		1,000,000,000
Unused amount		$ 847,000,000