Other Income and Other Expense

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Other income:
Interest income	$	6,406	$	1,691	$	12,432	$	3,333
Miscellaneous	—		(9)		51		53
Total other income	$	6,406	$	1,682	$	12,483	$	3,386
Other expense:
Non-operating costs	(3,355)		(3,701)		(5,996)		(6,154)
Investment losses — net	(434)		(575)		(1,495)		(1,256)
Miscellaneous	(1,024)		(308)		(1,453)		(596)
Total other expense	$	(4,813)	$	(4,584)	$	(8,944)	$	(8,006)

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Other income:
Interest income	$	5,691	$	1,396	$	10,716	$	2,495
Miscellaneous	—		—		51		53
Total other income	$	5,691	$	1,396	$	10,767	$	2,548
Other expense:
Non-operating costs	(3,111)		(2,477)		(5,299)		(4,038)
Miscellaneous	(1,024)		(309)		(1,453)		(596)
Total other expense	$	(4,135)	$	(2,786)	$	(6,752)	$	(4,634)