XML 144 R123.htm IDEA: XBRL DOCUMENT v3.24.0.1
Schedule I - Condensed Financial Information of Registrant - Comprehensive Income (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CONDENSED FINANCIAL STATEMENTS      
Operating expenses $ 3,871,351 $ 3,592,474 $ 2,998,525
Other      
Total 102,376 99,281 173,982
Interest expense 374,887 283,569 254,314
Income tax benefit 76,912 74,827 110,086
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS 501,557 483,602 618,720
Other comprehensive income (loss) — attributable to common shareholders (1,709) 23,426 7,935
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS 499,848 507,028 626,655
Pinnacle West      
CONDENSED FINANCIAL STATEMENTS      
Operating expenses 11,249 8,850 10,245
Other      
Equity in earnings of subsidiaries 539,962 500,042 628,916
Other income (expense) 2,823 (4,725) (4,919)
Total 542,785 495,317 623,997
Interest expense 47,251 18,861 10,672
Income before income taxes 484,285 467,606 603,080
Income tax benefit (17,272) (15,996) (15,640)
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS 501,557 483,602 618,720
Other comprehensive income (loss) — attributable to common shareholders (1,709) 23,426 7,935
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 499,848 $ 507,028 $ 626,655