ARIZONA PUBLIC SERVICE COMPANY - CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
OPERATING REVENUES (Note 2)	$ 1,768,801	$ 1,637,759	$ 4,029,507	$ 3,704,417
OPERATING EXPENSES
Fuel and purchased power	631,382	614,520	1,426,418	1,416,778
Operations and maintenance	308,061	250,019	837,905	777,337
Depreciation and amortization	229,450	203,438	664,761	590,445
Taxes other than income taxes	52,777	53,169	170,592	167,949
Other expense	145	350	2,306	1,648
Total	1,221,815	1,121,496	3,101,982	2,954,157
OPERATING INCOME	546,986	516,263	927,525	750,260
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	9,588	11,976	28,790	40,071
Pension and other postretirement non-service credits - net (Note 5)	12,188	10,174	36,633	30,513
Other income (Note 9)	6,774	15,941	43,234	28,424
Other expense (Note 9)	(4,013)	(6,972)	(14,580)	(15,916)
Total	24,537	31,119	94,077	83,092
INTEREST EXPENSE
Interest charges	109,925	96,909	318,590	278,860
Allowance for borrowed funds used during construction	(11,901)	(9,092)	(36,078)	(34,131)
Total	98,024	87,817	282,512	244,729
Income Before Income Taxes	473,499	459,565	739,090	588,623
Income Taxes	74,227	57,045	110,539	74,125
Net Income	399,272	402,520	628,551	514,498
Less: Net income attributable to noncontrolling interests (Note 6)	4,306	4,306	12,918	12,918
Net Income Attributable to Common Shareholders	394,966	398,214	615,633	501,580
APS
OPERATING REVENUES (Note 2)	1,768,801	1,637,759	4,029,507	3,704,417
OPERATING EXPENSES
Fuel and purchased power	631,382	614,520	1,426,418	1,416,778
Operations and maintenance	306,116	247,200	832,383	765,717
Depreciation and amortization	229,430	203,417	664,699	590,381
Taxes other than income taxes	52,763	53,154	170,507	167,908
Other expense	145	350	2,306	1,648
Total	1,219,836	1,118,641	3,096,313	2,942,432
OPERATING INCOME	548,965	519,118	933,194	761,985
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	9,588	11,976	28,790	40,071
Pension and other postretirement non-service credits - net (Note 5)	12,400	10,408	37,241	31,209
Other income (Note 9)	4,879	8,720	16,325	19,487
Other expense (Note 9)	(3,346)	(3,633)	(9,134)	(10,385)
Total	23,521	27,471	73,222	80,382
INTEREST EXPENSE
Interest charges	90,866	83,433	271,139	238,385
Allowance for borrowed funds used during construction	(11,901)	(8,701)	(36,078)	(29,597)
Total	78,965	74,732	235,061	208,788
Income Before Income Taxes	493,521	471,857	771,355	633,579
Income Taxes	81,491	65,734	123,795	89,244
Net Income	412,030	406,123	647,560	544,335
Less: Net income attributable to noncontrolling interests (Note 6)	4,306	4,306	12,918	12,918
Net Income Attributable to Common Shareholders	$ 407,724	$ 401,817	$ 634,642	$ 531,417