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Schedule I - Condensed Financial Information of Registrant - Balance Sheets (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Current assets        
Cash and cash equivalents $ 4,955 $ 4,832    
Accounts receivable 513,892 453,209    
Income tax receivable 332 14,086    
Assets held for sale (Note 20) 35,139 0    
Other current assets 101,417 60,091    
Total current assets 1,926,967 1,750,554    
Investments and other assets        
Other assets 102,845 125,672    
Total investments and other assets 1,666,872 1,590,707    
TOTAL ASSETS 24,661,153 22,723,405    
Current liabilities        
Accounts payable 442,455 430,425    
Accrued taxes 166,833 164,440    
Common dividends payable 99,813 97,895    
Outstanding short-term borrowings 609,500 340,720    
Current maturities of long-term debt 875,000 50,685    
Operating lease liabilities 67,883 105,210    
Other current liabilities 193,524 148,276    
Total current liabilities 2,889,347 1,762,141    
Deferred credits and other        
Long-term debt less current maturities 7,540,622 7,741,286    
Operating lease liabilities 1,210,189 639,247    
Other 251,469 247,400    
Total deferred credits and other 7,946,322 7,060,102    
COMMITMENTS AND CONTINGENCIES (Note 10)    
Common stock equity        
Common stock 2,752,676 2,724,740    
Accumulated other comprehensive loss (Note 19) (33,144) (31,435)    
Retained earnings 3,466,317 3,360,347    
Total shareholders’ equity 6,177,664 6,048,647    
Noncontrolling interests 107,198 111,229    
Total equity 6,284,862 6,159,876 $ 6,021,460 $ 5,752,793
TOTAL LIABILITIES AND EQUITY 24,661,153 22,723,405    
Pinnacle West        
Current assets        
Cash and cash equivalents 9 0    
Accounts receivable 163,829 132,061    
Income tax receivable 1,832 14,494    
Assets held for sale (Note 20) 35,139 0    
Other current assets 28,379 288    
Total current assets 229,188 146,843    
Investments and other assets        
Investments in subsidiaries 7,369,159 7,105,789    
Deferred income taxes 15,746 1,521    
Other assets 22,839 23,153    
Total investments and other assets 7,407,744 7,130,463    
TOTAL ASSETS 7,636,932 7,277,306    
Current liabilities        
Accounts payable 8,176 6,499    
Accrued taxes 4,543 7,694    
Common dividends payable 99,813 97,895    
Outstanding short-term borrowings 76,650 15,720    
Current maturities of long-term debt 625,000 0    
Operating lease liabilities 127 117    
Other current liabilities 11,400 14,637    
Total current liabilities 825,709 142,562    
Deferred credits and other        
Long-term debt less current maturities 498,731 947,892    
Pension liabilities 6,487 8,218    
Operating lease liabilities 1,332 1,459    
Other 19,811 17,299    
Total deferred credits and other 27,630 26,976    
COMMITMENTS AND CONTINGENCIES (Note 10)    
Common stock equity        
Common stock 2,744,491 2,719,735    
Accumulated other comprehensive loss (Note 19) (33,144) (31,435)    
Retained earnings 3,466,317 3,360,347    
Total shareholders’ equity 6,177,664 6,048,647    
Noncontrolling interests 107,198 111,229    
Total equity 6,284,862 6,159,876    
TOTAL LIABILITIES AND EQUITY $ 7,636,932 $ 7,277,306