ARIZONA PUBLIC SERVICE COMPANY - CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
OPERATING REVENUES (Note 2)	$ 1,308,994	$ 1,121,703	$ 2,260,706	$ 2,066,658
OPERATING EXPENSES
Fuel and purchased power	437,172	407,754	795,036	802,258
Operations and maintenance	272,266	277,238	529,844	527,318
Depreciation and amortization	225,017	195,101	435,311	387,007
Taxes other than income taxes	58,651	57,642	117,815	114,780
Other expense	2,141	688	2,161	1,298
Total	995,247	938,423	1,880,167	1,832,661
OPERATING INCOME	313,747	183,280	380,539	233,997
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	8,910	13,034	19,202	28,095
Pension and other postretirement non-service credits - net (Note 5)	12,877	10,474	24,445	20,339
Other income (Note 9)	5,885	6,406	36,492	12,483
Other expense (Note 9)	(3,032)	(4,813)	(10,599)	(8,944)
Total	24,640	25,101	69,540	51,973
INTEREST EXPENSE
Interest charges	108,891	93,832	208,665	181,951
Allowance for borrowed funds used during construction	(11,036)	(12,317)	(24,177)	(25,039)
Total	97,855	81,515	184,488	156,912
Income Before Income Taxes	240,532	126,866	265,591	129,058
Income Taxes	32,421	15,897	36,312	17,080
Net Income	208,111	110,969	229,279	111,978
Less: Net income attributable to noncontrolling interests (Note 6)	4,306	4,306	8,612	8,612
Net Income Attributable to Common Shareholders	203,805	106,663	220,667	103,366
APS
OPERATING REVENUES (Note 2)	1,308,994	1,121,703	2,260,706	2,066,658
OPERATING EXPENSES
Fuel and purchased power	437,172	407,754	795,036	802,258
Operations and maintenance	272,674	272,339	526,267	518,517
Depreciation and amortization	224,996	195,080	435,269	386,964
Taxes other than income taxes	58,666	57,629	117,744	114,754
Other expense	2,141	688	2,161	1,298
Total	995,649	933,490	1,876,477	1,823,791
OPERATING INCOME	313,345	188,213	384,229	242,867
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	8,910	13,034	19,202	28,095
Pension and other postretirement non-service credits - net (Note 5)	13,068	10,695	24,841	20,801
Other income (Note 9)	4,591	5,691	11,446	10,767
Other expense (Note 9)	(2,894)	(4,135)	(5,788)	(6,752)
Total	23,675	25,285	49,701	52,911
INTEREST EXPENSE
Interest charges	93,294	79,730	180,273	154,952
Allowance for borrowed funds used during construction	(11,036)	(9,739)	(24,177)	(20,896)
Total	82,258	69,991	156,096	134,056
Income Before Income Taxes	254,762	143,507	277,834	161,722
Income Taxes	38,655	20,264	42,304	23,510
Net Income	216,107	123,243	235,530	138,212
Less: Net income attributable to noncontrolling interests (Note 6)	4,306	4,306	8,612	8,612
Net Income Attributable to Common Shareholders	$ 211,801	$ 118,937	$ 226,918	$ 129,600