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Schedule I - Condensed Financial Information of Registrant - Balance Sheets (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Current assets        
Cash and cash equivalents $ 3,838 $ 4,955    
Accounts receivable 525,608 513,892    
Income tax receivable 0 332    
Assets held for sale- investment in subsidiaries 0 35,139    
Other current assets 74,915 101,417    
Total current assets 1,689,404 1,926,967    
Investments and other assets        
Other assets 115,095 102,845    
Total investments and other assets 1,812,277 1,666,872    
TOTAL ASSETS 26,102,760 24,661,153    
Current liabilities        
Accounts payable 485,426 442,455    
Accrued taxes 175,863 166,833    
Common dividends payable 106,592 99,813    
Short-term borrowings 568,450 609,500    
Operating lease liabilities 100,367 67,883    
Other current liabilities 171,651 193,524    
Total current liabilities 2,843,797 2,889,347    
Deferred credits and other        
Long-term debt less current maturities 8,058,648 7,540,622    
Deferred income taxes (Note 4) 2,444,473 2,416,480    
Operating lease liabilities 1,520,877 1,210,189    
Other 242,320 251,469    
Total deferred credits and other 8,342,837 7,946,322    
COMMITMENTS AND CONTINGENCIES    
Common stock equity        
Common stock 3,121,617 2,752,676    
Accumulated other comprehensive loss (30,942) (33,144)    
Retained earnings 3,666,959 3,466,317    
Total shareholders’ equity 6,754,311 6,177,664    
Noncontrolling interests 103,167 107,198    
Total equity 6,857,478 6,284,862 $ 6,159,876 $ 6,021,460
TOTAL LIABILITIES AND EQUITY 26,102,760 24,661,153    
Pinnacle West        
Current assets        
Cash and cash equivalents 23 9    
Accounts receivable 163,203 163,829    
Income tax receivable 6,673 1,832    
Assets held for sale- investment in subsidiaries 0 35,139    
Other current assets 434 28,379    
Total current assets 170,333 229,188    
Investments and other assets        
Investments in subsidiaries 8,435,150 7,369,159    
Deferred income taxes 0 15,746    
Other assets 21,966 22,839    
Total investments and other assets 8,457,116 7,407,744    
TOTAL ASSETS 8,627,449 7,636,932    
Current liabilities        
Accounts payable 3,471 8,176    
Accrued taxes 4,799 4,543    
Common dividends payable 106,592 99,813    
Short-term borrowings 228,550 76,650    
Current maturities of long-term debt 500,000 625,000    
Operating lease liabilities 138 127    
Other current liabilities 11,389 11,400    
Total current liabilities 854,939 825,709    
Deferred credits and other        
Long-term debt less current maturities 867,770 498,731    
Deferred income taxes (Note 4) 24,536 0    
Pension liabilities 4,462 6,487    
Operating lease liabilities 1,194 1,332    
Other 17,070 19,811    
Total deferred credits and other 47,262 27,630    
COMMITMENTS AND CONTINGENCIES    
Common stock equity        
Common stock 3,118,294 2,744,491    
Accumulated other comprehensive loss (30,942) (33,144)    
Retained earnings 3,666,959 3,466,317    
Total shareholders’ equity 6,754,311 6,177,664    
Noncontrolling interests 103,167 107,198    
Total equity 6,857,478 6,284,862    
TOTAL LIABILITIES AND EQUITY $ 8,627,449 $ 7,636,932