Other Income and Other Expense

6 Months Ended

Jun. 30, 2015

Component of Other Income and Other Expense Nonoperating [Line Items]

Other Income and Other Expense

Other Income and Other Expense

The following table provides detail of other income and other expense for the three and six months ended June 30, 2015 and 2014 (dollars in thousands):

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2015			2014			2015			2014
Other income:
Interest income	$	184		$	495		$	294		$	746
Miscellaneous	(9		)	2,286			116			4,402
Total other income	$	175		$	2,781		$	410		$	5,148
Other expense:
Non-operating costs	$	(1,952	)	$	(2,620	)	$	(4,200	)	$	(4,992	)
Investment losses — net	(650		)	(105		)	(1,145		)	(246		)
Miscellaneous	(7		)	2,217			(1,550		)	46
Total other expense	$	(2,609	)	$	(508	)	$	(6,895	)	$	(5,192	)

Arizona Public Service Company

Component of Other Income and Other Expense Nonoperating [Line Items]

Other Income and Other Expense

Other Income and Other Expense

The following table provides detail of APS’s other income and other expense for the three and six months ended June 30, 2015 and 2014 (dollars in thousands):

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2015			2014			2015			2014
Other income:
Interest income	$	6		$	417		$	73		$	554
Gain on disposition of property	478			328			685			645
Miscellaneous	226			2,476			591			4,784
Total other income	$	710		$	3,221		$	1,349		$	5,983
Other expense:
Non-operating costs (a)	$	(1,878	)	$	(2,868	)	$	(4,395	)	$	(5,455	)
Loss on disposition of property	(251		)	(285		)	(894		)	(468		)
Miscellaneous	(320		)	1,676			(2,514		)	(610		)
Total other expense	$	(2,449	)	$	(1,477	)	$	(7,803	)	$	(6,533	)

(a) As defined by FERC, includes below-the-line non-operating utility expense (items excluded from utility rate recovery).