XML 51 R59.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value Measurements - Assets and Liabilities Measured on a Recurring Basis (Details) (USD $)
Mar. 31, 2015
Dec. 31, 2014
Assets    
Nuclear decommissioning trust $ 727,342,000us-gaap_DecommissioningTrustAssetsAmount $ 713,866,000us-gaap_DecommissioningTrustAssetsAmount
Total assets 33,000,000us-gaap_AssetsFairValueDisclosure 33,000,000us-gaap_AssetsFairValueDisclosure
Recurring    
Assets    
Derivative instruments, other (17,000,000)us-gaap_DerivativeAssetFairValueGrossLiability
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
(23,000,000)us-gaap_DerivativeAssetFairValueGrossLiability
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Derivative assets 32,000,000us-gaap_DerivativeAssets
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
31,000,000us-gaap_DerivativeAssets
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Nuclear decommissioning trust, other (2,000,000)pnw_DecommissioningFundInvestmentsFairValueNetPendingSecuritiesSalesandPurchases
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
(7,000,000)pnw_DecommissioningFundInvestmentsFairValueNetPendingSecuritiesSalesandPurchases
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Nuclear decommissioning trust 727,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
714,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Total, other (19,000,000)pnw_DerivativeAssetFairValueGrossLiabilityandNetPendingSecuritiesSalesandPurchases
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
(30,000,000)pnw_DerivativeAssetFairValueGrossLiabilityandNetPendingSecuritiesSalesandPurchases
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Total assets 759,000,000us-gaap_AssetsFairValueDisclosure
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
745,000,000us-gaap_AssetsFairValueDisclosure
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Liabilities    
Derivative instruments, other 68,000,000us-gaap_DerivativeLiabilityFairValueGrossAsset
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
59,000,000us-gaap_DerivativeLiabilityFairValueGrossAsset
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Derivative liability (136,000,000)us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
(110,000,000)us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | US commingled equity funds    
Assets    
Nuclear decommissioning trust 313,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= pnw_USCommingledFundsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
310,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= pnw_USCommingledFundsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | U.S. Treasury    
Assets    
Nuclear decommissioning trust 103,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USTreasurySecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
119,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USTreasurySecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Cash and cash equivalent funds    
Assets    
Nuclear decommissioning trust, other (2,000,000)pnw_DecommissioningFundInvestmentsFairValueNetPendingSecuritiesSalesandPurchases
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
(7,000,000)pnw_DecommissioningFundInvestmentsFairValueNetPendingSecuritiesSalesandPurchases
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Nuclear decommissioning trust 8,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
4,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Corporate debt    
Assets    
Nuclear decommissioning trust 115,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CorporateDebtSecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
109,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CorporateDebtSecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Mortgage-backed securities    
Assets    
Nuclear decommissioning trust 88,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_MortgageBackedSecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
89,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_MortgageBackedSecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Municipality bonds    
Assets    
Nuclear decommissioning trust 85,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
69,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Other    
Assets    
Nuclear decommissioning trust 15,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_OtherDebtSecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
14,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_OtherDebtSecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets    
Decommissioning fund investments, gross fair value 103,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
119,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Gross assets, fair value disclosure 103,000,000pnw_GrossAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
119,000,000pnw_GrossAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Treasury    
Assets    
Decommissioning fund investments, gross fair value 103,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USTreasurySecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
119,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USTreasurySecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Significant Other Observable Inputs (Level 2)    
Assets    
Gross derivative assets 16,000,000us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
21,000,000us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Decommissioning fund investments, gross fair value 626,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
602,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Gross assets, fair value disclosure 642,000,000pnw_GrossAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
623,000,000pnw_GrossAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Liabilities    
Gross derivative liability (122,000,000)us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
(95,000,000)us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Significant Other Observable Inputs (Level 2) | US commingled equity funds    
Assets    
Decommissioning fund investments, gross fair value 313,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= pnw_USCommingledFundsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
310,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= pnw_USCommingledFundsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Significant Other Observable Inputs (Level 2) | Cash and cash equivalent funds    
Assets    
Decommissioning fund investments, gross fair value 10,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
11,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Significant Other Observable Inputs (Level 2) | Corporate debt    
Assets    
Decommissioning fund investments, gross fair value 115,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CorporateDebtSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
109,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CorporateDebtSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Significant Other Observable Inputs (Level 2) | Mortgage-backed securities    
Assets    
Decommissioning fund investments, gross fair value 88,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_MortgageBackedSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
89,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_MortgageBackedSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Significant Other Observable Inputs (Level 2) | Municipality bonds    
Assets    
Decommissioning fund investments, gross fair value 85,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
69,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Significant Other Observable Inputs (Level 2) | Other    
Assets    
Decommissioning fund investments, gross fair value 15,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_OtherDebtSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
14,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_OtherDebtSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Recurring | Significant Unobservable Inputs (Level 3)    
Assets    
Gross derivative assets 33,000,000us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
33,000,000us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Gross assets, fair value disclosure 33,000,000pnw_GrossAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
33,000,000pnw_GrossAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Liabilities    
Gross derivative liability $ (82,000,000)us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
$ (74,000,000)us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember