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SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF REGISTRANT - Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities      
Net income $ 570,052 $ 557,813 $ 530,540
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 686,253 664,140 650,955
Deferred income taxes 69,469 (1,479) 117,355
Accounts receivable (18,191) (12,789) 37,530
Accounts payable (6,059) 50,641 (14,602)
Net cash flow provided by operating activities 966,365 956,726 1,277,144
Cash flows from investing activities      
Net cash flow used for investing activities (1,277,818) (1,130,977) (1,192,824)
Cash flows from financing activities      
Issuance of long-term debt 1,596,672 1,092,188 445,245
Short-term debt borrowings under revolving credit facility 751,690 49,000 45,000
Short-term debt repayments under revolving credit facility (770,690) (65,000) (57,000)
Dividends paid on common stock (350,577) (329,643) (308,892)
Repayment of long-term debt (915,150) (600,000) (182,000)
Common stock equity issuance and purchases — net (1,389) 692 (5,055)
Net cash flow provided by (used for) financing activities 361,138 178,768 (92,446)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 49,685 4,517 (8,126)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 10,283 5,766 13,892
CASH AND CASH EQUIVALENTS AT END OF YEAR 59,968 10,283 5,766
Pinnacle West      
Cash Flows from Operating Activities      
Net income 550,559 538,320 511,047
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in earnings of subsidiaries - net (566,147) (562,946) (569,249)
Depreciation and amortization 76 76 76
Deferred income taxes 33,007 (35,831) 49,535
Accounts receivable (7,903) 182 (7,881)
Accounts payable (1,964) (2,129) 1,967
Accrued taxes and income tax receivable - net 9,610 16,400 (13,535)
Dividends received from subsidiaries 357,500 336,300 316,000
Other 20,163 (1,300) 31,807
Net cash flow provided by operating activities 394,901 289,072 319,767
Cash flows from investing activities      
Investments in subsidiaries (137,881) 1,557 (142,796)
Repayments of loans from subsidiaries 932 4,190 6,477
Advances of loans to subsidiaries (7,261) (4,165) (500)
Net cash flow used for investing activities (144,210) 1,582 (136,819)
Cash flows from financing activities      
Issuance of long-term debt 496,950 0 150,000
Short-term debt borrowings under revolving credit facility 211,690 49,000 20,000
Short-term debt repayments under revolving credit facility (230,690) (65,000) (32,000)
Commercial paper — net 73,325 54,275 (7,000)
Dividends paid on common stock (350,577) (329,643) (308,892)
Repayment of long-term debt (450,000) 0 0
Common stock equity issuance and purchases — net (1,389) 692 (5,055)
Other 0 0 (1)
Net cash flow provided by (used for) financing activities (250,691) (290,676) (182,948)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 0 (22) 0
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 19 41 41
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 19 $ 19 $ 41