XML 114 R93.htm IDEA: XBRL DOCUMENT v3.24.0.1
Retirement Plans and Other Postretirement Benefits - Fair Value of Pinnacle West's Pension Plan (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pension Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other $ 399,298 $ 429,391  
Fair value of plan assets 2,835,549 2,829,485 $ 3,812,041
Pension Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 885,721 893,285  
Pension Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 1,550,530 1,506,809  
Other Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 107,201 106,356  
Fair value of plan assets 696,494 652,287 $ 872,435
Other Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 391,019 371,731  
Other Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 198,274 174,200  
Cash and cash equivalents | Pension Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other   0  
Fair value of plan assets   1,252  
Cash and cash equivalents | Pension Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets   1,252  
Cash and cash equivalents | Pension Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets   0  
Cash and cash equivalents | Other Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other   0  
Fair value of plan assets   204  
Cash and cash equivalents | Other Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets   204  
Cash and cash equivalents | Other Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets   0  
Corporate | Pension Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 0 0  
Fair value of plan assets 1,415,346 1,374,810  
Corporate | Pension Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Corporate | Pension Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 1,415,346 1,374,810  
Corporate | Other Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 0 0  
Fair value of plan assets 189,902 166,879  
Corporate | Other Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Corporate | Other Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 189,902 166,879  
U.S. Treasury | Pension Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 0 0  
Fair value of plan assets 622,273 635,245  
U.S. Treasury | Pension Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 622,273 635,245  
U.S. Treasury | Pension Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
U.S. Treasury | Other Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 0 0  
Fair value of plan assets 207,665 221,936  
U.S. Treasury | Other Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 207,665 221,936  
U.S. Treasury | Other Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Other fixed income | Pension Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 0 0  
Fair value of plan assets 135,184 131,999  
Other fixed income | Pension Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Other fixed income | Pension Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 135,184 131,999  
Other fixed income | Other Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 0 0  
Fair value of plan assets 8,372 7,321  
Other fixed income | Other Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Other fixed income | Other Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 8,372 7,321  
Common stock equities | Pension Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 0 0  
Fair value of plan assets 150,657 155,231  
Common stock equities | Pension Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 150,657 155,231  
Common stock equities | Pension Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Common stock equities | Other Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 0 0  
Fair value of plan assets 139,952 127,493  
Common stock equities | Other Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 139,952 127,493  
Common stock equities | Other Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Mutual funds | Pension Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 0 0  
Fair value of plan assets 112,791 101,557  
Mutual funds | Pension Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 112,791 101,557  
Mutual funds | Pension Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Mutual funds | Other Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 0 0  
Fair value of plan assets 22,256 18,824  
Mutual funds | Other Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 22,256 18,824  
Mutual funds | Other Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Equities | Pension Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 192,945 181,912  
Fair value of plan assets 192,945 181,912  
Equities | Pension Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Equities | Pension Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Equities | Other Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 81,724 73,956  
Fair value of plan assets 81,724 73,956  
Equities | Other Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Equities | Other Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Real estate | Pension Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 140,613 174,228  
Fair value of plan assets 140,613 174,228  
Real estate | Pension Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Real estate | Pension Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Real estate | Other Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 20,001 23,541  
Fair value of plan assets 20,001 23,541  
Real estate | Other Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Real estate | Other Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Partnerships | Pension Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other   13,359  
Fair value of plan assets   13,359  
Partnerships | Pension Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets   0  
Partnerships | Pension Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets   0  
Short-term investments and other | Pension Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 65,740 59,892  
Fair value of plan assets 65,740 59,892  
Short-term investments and other | Pension Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Short-term investments and other | Pension Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 0 0  
Short-term investments and other | Other Benefits      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Other 5,476 8,859  
Fair value of plan assets 26,622 12,133  
Short-term investments and other | Other Benefits | Level 1      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets 21,146 3,274  
Short-term investments and other | Other Benefits | Level 2      
Fair value of Pinnacle West's pension plan and other postretirement benefit plan assets, by asset category      
Gross fair value of plan assets $ 0 $ 0