Other Income and Other Expense

3 Months Ended

Mar. 31, 2023

Other Income and Expenses [Abstract]

Other Income and Other Expense

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,
	2023		2022
Other income:
Interest income	$	6,026	$	1,642
Miscellaneous	51		62
Total other income	$	6,077	$	1,704
Other expense:
Non-operating costs	(2,640)		(2,453)
Investment losses — net	(1,061)		(681)
Miscellaneous	(430)		(288)
Total other expense	$	(4,131)	$	(3,422)

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

	Three Months Ended March 31,
	2023		2022
Other income:
Interest income	$	5,024	$	1,099
Miscellaneous	51		53
Total other income	$	5,075	$	1,152
Other expense:
Non-operating costs	(2,188)		(1,561)
Miscellaneous	(429)		(288)
Total other expense	$	(2,617)	$	(1,849)