XML 151 R125.htm IDEA: XBRL DOCUMENT v3.25.4
Investments in Nuclear Decommissioning Trusts and Other Special Use Funds - Schedule of Investments in Nuclear Decommissioning Trusts and Other Special Use Funds (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Variable Interest Entity | Pinnacle West Captive Insurance Cell      
Nuclear decommissioning trust fund assets      
Special use fund $ 40,000 $ 34,000  
APS      
Nuclear decommissioning trust fund assets      
Total 1,848,993 1,691,202  
Total Unrealized Gains 451,809 366,844  
Total Unrealized Losses (14,994) (32,136)  
Amortized cost 1,265,000 1,224,000  
Special use fund   34,200  
Realized gains and losses and proceeds from the sale of securities by the nuclear decommissioning trust funds      
Realized gains 13,068 76,062 $ 112,094
Realized losses (11,749) (21,966) (41,780)
Proceeds from the sale of securities 1,855,200 1,686,094 1,679,722
APS | Nuclear Decommissioning Trusts      
Nuclear decommissioning trust fund assets      
Total 1,414,166 1,282,845  
Realized gains and losses and proceeds from the sale of securities by the nuclear decommissioning trust funds      
Realized gains 12,826 75,690 111,922
Realized losses (11,749) (21,966) (41,212)
Proceeds from the sale of securities 1,478,088 1,330,940 1,324,978
APS | Other Special Use Funds      
Nuclear decommissioning trust fund assets      
Total 434,827 408,357  
Realized gains and losses and proceeds from the sale of securities by the nuclear decommissioning trust funds      
Realized gains 242 372 172
Realized losses 0 0 (568)
Proceeds from the sale of securities 377,112 355,154 $ 354,744
APS | Captive Insurance Cell      
Nuclear decommissioning trust fund assets      
Total Unrealized Gains 3,200    
Realized gains and losses and proceeds from the sale of securities by the nuclear decommissioning trust funds      
Proceeds from the sale of securities 51,400    
APS | Equity securities      
Nuclear decommissioning trust fund assets      
Equity securities 582,135 460,432  
Total Unrealized Gains 433,044 359,127  
Total Unrealized Losses (1) (176)  
APS | Equity securities | Nuclear Decommissioning Trusts      
Nuclear decommissioning trust fund assets      
Equity securities 519,562 435,470  
APS | Equity securities | Other Special Use Funds      
Nuclear decommissioning trust fund assets      
Equity securities 62,573 24,962  
APS | Available for sale-fixed income securities      
Nuclear decommissioning trust fund assets      
Available for sale-fixed income securities 1,267,458 1,199,584  
Total Unrealized Gains 18,765 7,717  
Total Unrealized Losses (14,993) (31,960)  
Fair value of fixed income securities, summarized by contractual maturities      
Less than one year 163,764    
1 year – 5 years 497,877    
5 years – 10 years 189,684    
Greater than 10 years 416,133    
Total 1,267,458    
APS | Available for sale-fixed income securities | Nuclear Decommissioning Trusts      
Nuclear decommissioning trust fund assets      
Available for sale-fixed income securities 898,403 844,040  
Fair value of fixed income securities, summarized by contractual maturities      
Less than one year 36,726    
1 year – 5 years 272,413    
5 years – 10 years 173,131    
Greater than 10 years 416,133    
Total 898,403    
APS | Available for sale-fixed income securities | Other Special Use Funds      
Nuclear decommissioning trust fund assets      
Available for sale-fixed income securities 369,055 355,544  
APS | Available for sale-fixed income securities | Coal Reclamation Escrow Account      
Fair value of fixed income securities, summarized by contractual maturities      
Less than one year 87,421    
1 year – 5 years 68,348    
5 years – 10 years 0    
Greater than 10 years 0    
Total 155,769    
APS | Available for sale-fixed income securities | Active Union Employee Medical Account      
Fair value of fixed income securities, summarized by contractual maturities      
Less than one year 39,617    
1 year – 5 years 157,116    
5 years – 10 years 16,553    
Greater than 10 years 0    
Total 213,286    
APS | Other      
Nuclear decommissioning trust fund assets      
Other (600) 31,186  
Total Unrealized Gains 0 0  
Total Unrealized Losses 0 0  
APS | Other | Nuclear Decommissioning Trusts      
Nuclear decommissioning trust fund assets      
Other (3,799) 3,335  
APS | Other | Other Special Use Funds      
Nuclear decommissioning trust fund assets      
Other 3,199 $ 27,851  
Pinnacle West | Variable Interest Entity | Pinnacle West Captive Insurance Cell      
Nuclear decommissioning trust fund assets      
Special use fund $ 40,300