CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 4,007	$ 4,955
Customer and other receivables	564,399	513,892
Accrued unbilled revenues (Note 2)	314,718	167,553
Allowance for doubtful accounts (Note 2)	(15,826)	(22,433)
Materials and supplies (at average cost)	484,000	444,344
Income tax receivable	0	332
Fossil fuel (at average cost)	65,045	49,203
Assets from risk management activities (Note 7)	760	6,808
Assets held for sale (Note 16)	0	35,139
Deferred fuel and purchased power regulatory asset (Note 4)	322,667	463,195
Other regulatory assets (Note 4)	169,266	162,562
Other current assets	139,563	101,417
Total current assets	2,048,599	1,926,967
INVESTMENTS AND OTHER ASSETS
Nuclear decommissioning trusts (Notes 11 and 12)	1,245,593	1,201,246
Other special use funds (Notes 11 and 12)	367,804	362,781
Other assets	119,395	102,845
Total investments and other assets	1,732,792	1,666,872
PROPERTY, PLANT AND EQUIPMENT
Plant in service and held for future use	25,013,171	24,211,167
Accumulated depreciation and amortization	(8,727,099)	(8,408,040)
Net	16,286,072	15,803,127
Construction work in progress	1,477,727	1,724,004
Palo Verde sale leaseback, net of accumulated depreciation (Note 6)	84,491	86,426
Intangible assets, net of accumulated amortization	593,017	267,110
Nuclear fuel, net of accumulated amortization	125,407	99,490
Total property, plant and equipment	18,566,714	17,980,157
DEFERRED DEBITS
Regulatory assets (Note 4)	1,358,978	1,390,279
Operating lease right-of-use assets (Note 14)	1,599,331	1,309,975
Assets for pension and other postretirement benefits (Note 5)	339,071	323,438
Other	55,645	63,465
Total deferred debits	3,353,025	3,087,157
TOTAL ASSETS	25,701,130	24,661,153
CURRENT LIABILITIES
Accounts payable	548,840	442,455
Accrued taxes	201,214	166,833
Accrued interest	76,652	72,916
Common dividends payable	99,936	99,813
Short-term borrowings (Note 3)	531,450	609,500
Current maturities of long-term debt (Note 3)	1,000,000	875,000
Customer deposits	41,558	42,037
Liabilities from risk management activities (Note 7)	104,309	80,913
Liabilities for asset retirements (Note 15)	37,306	28,550
Operating lease liabilities (Note 14)	107,232	67,883
Regulatory liabilities (Note 4)	230,551	209,923
Other current liabilities	132,976	193,524
Total current liabilities	3,112,024	2,889,347
LONG-TERM DEBT LESS CURRENT MATURITIES (Note 3)	8,056,225	7,540,622
DEFERRED CREDITS AND OTHER
Deferred income taxes	2,440,175	2,416,480
Regulatory liabilities (Note 4)	1,811,230	1,965,865
Liabilities for asset retirements (Note 15)	1,103,417	937,451
Liabilities for pension benefits (Note 5)	109,464	112,702
Liabilities from risk management activities (Note 7)	26,364	42,975
Customer advances	514,066	533,580
Coal mine reclamation	186,451	184,007
Deferred investment tax credit	253,661	257,743
Unrecognized tax benefits	35,138	33,861
Operating lease liabilities (Note 14)	1,515,169	1,210,189
Other	221,424	251,469
Total deferred credits and other	8,216,559	7,946,322
COMMITMENTS AND CONTINGENCIES (Note 8)
EQUITY
Common stock, no par value; authorized 150,000,000 shares, 113,711,763 and 113,537,689 issued at respective dates	2,764,511	2,752,676
Treasury stock at cost; 101,641 and 113,272 shares at respective dates	(7,191)	(8,185)
Total common stock	2,757,320	2,744,491
Retained earnings	3,487,113	3,466,317
Accumulated other comprehensive loss (Note 13)	(33,294)	(33,144)
Total shareholder equity	6,211,139	6,177,664
Noncontrolling interests (Note 6)	105,183	107,198
Total equity	6,316,322	6,284,862
TOTAL LIABILITIES AND EQUITY	$ 25,701,130	$ 24,661,153