Other Income and Other Expense (Tables)

3 Months Ended

Mar. 31, 2021

Other Income and Expenses [Abstract]

Detail of other income and other expense

The following table provides detail of Pinnacle West’s Consolidated other income and other expense (dollars in thousands):

	Three Months Ended March 31,
	2021		2020
Other income:
Interest income	$	1,948	$	3,277
Debt return on Four Corners SCR deferrals (Note 4)	4,086		3,140
Debt return on Ocotillo modernization project (Note 4)	6,392		6,144
Miscellaneous	3		8
Total other income	$	12,429	$	12,569
Other expense:
Non-operating costs	(1,937)		(2,658)
Investment gains (losses) — net	(343)		60
Miscellaneous	(1,573)		(2,186)
Total other expense	$	(3,853)	$	(4,784)

The following table provides detail of APS’s other income and other expense (dollars in thousands):

	Three Months Ended March 31,
	2021		2020
Other income:
Interest income	$	1,481	$	2,341
Debt return on Four Corners SCR deferrals (Note 4)	4,086		3,140
Debt return on Ocotillo modernization project (Note 4)	6,392		6,144
Miscellaneous	1		8
Total other income	$	11,960	$	11,633
Other expense:
Non-operating costs	(1,778)		(2,482)
Miscellaneous	(1,572)		(2,186)
Total other expense	$	(3,350)	$	(4,668)