Long-Term Debt and Liquidity Matters (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of Estimated Fair Value of Long-term Debt, Including Current Maturities

The following table presents the estimated fair value of our long-term debt, including current maturities (dollars in thousands):

	As of June 30, 2024				As of December 31, 2023
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Pinnacle West	$	1,567,173	$	1,558,831	$	1,123,731	$	1,095,935
APS	7,489,052		6,486,298		7,291,891		6,459,718
Total	$	9,056,225	$	8,045,129	$	8,415,622	$	7,555,653