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ARIZONA PUBLIC SERVICE COMPANY - CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
APS
APS
Common Stock
APS
Additional Paid-In Capital
APS
Retained Earnings
APS
Accumulated Other Comprehensive Income (Loss)
APS
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2023   113,537,689         71,264,947        
Beginning balance at Dec. 31, 2023 $ 6,284,862 $ 2,752,676 $ 3,466,317 $ (33,144) $ 107,198 $ 7,349,136 $ 178,162 $ 3,321,696 $ 3,759,299 $ (17,219) $ 107,198
Increase (Decrease) in Shareholders' Equity                      
Equity infusion from Pinnacle West           450,000   450,000      
Net income 229,279   220,667   8,612 235,530     226,918   8,612
Other comprehensive income (loss) (150)     (150)   183       183  
Dividends on common stock (199,868)   (199,868)     (199,900)     (199,900)    
Capital activities by noncontrolling interests (10,628)       (10,628) (10,628)         (10,628)
Other (1)   (3)   1 (1)     (2)   1
Ending balance (in shares) at Jun. 30, 2024   113,711,763         71,264,947        
Ending balance at Jun. 30, 2024 6,316,322 $ 2,764,511 3,487,113 (33,294) 105,183 7,824,320 $ 178,162 3,771,696 3,786,315 (17,036) 105,183
Beginning balance (in shares) at Mar. 31, 2024   113,686,849         71,264,947        
Beginning balance at Mar. 31, 2024 6,310,533 $ 2,757,506 3,483,178 (32,582) 111,504 7,369,047 $ 178,162 3,321,696 3,774,414 (16,729) 111,504
Increase (Decrease) in Shareholders' Equity                      
Equity infusion from Pinnacle West           450,000   450,000      
Net income 208,111   203,805   4,306 216,107     211,801   4,306
Other comprehensive income (loss) (712)     (712)   (307)       (307)  
Dividends on common stock (199,868)   (199,868)     (199,900)     (199,900)    
Capital activities by noncontrolling interests (10,628)       (10,628) (10,628)         (10,628)
Other (1)   (2)   1 1         1
Ending balance (in shares) at Jun. 30, 2024   113,711,763         71,264,947        
Ending balance at Jun. 30, 2024 $ 6,316,322 $ 2,764,511 3,487,113 (33,294) 105,183 7,824,320 $ 178,162 3,771,696 3,786,315 (17,036) 105,183
Beginning balance (in shares) at Dec. 31, 2024 119,143,782 119,143,782         71,264,947        
Beginning balance at Dec. 31, 2024 $ 6,857,478 $ 3,121,617 3,666,959 (30,942) 103,167 8,376,332 $ 178,162 4,116,696 3,992,423 (14,116) 103,167
Increase (Decrease) in Shareholders' Equity                      
Equity infusion from Pinnacle West           300,000   300,000      
Net income 196,532   187,920   8,612 212,989     204,377   8,612
Other comprehensive income (loss) 501     501   270       270  
Dividends on common stock (213,731)   (213,731)     (213,600)     (213,600)    
Capital activities by noncontrolling interests (10,628)       (10,628) (10,628)         (10,628)
Other $ 1       1 3     2   1
Ending balance (in shares) at Jun. 30, 2025 119,472,939 119,472,939         71,264,947        
Ending balance at Jun. 30, 2025 $ 6,827,940 $ 3,119,404 3,641,148 (30,441) 101,152 8,665,366 $ 178,162 4,416,696 3,983,202 (13,846) 101,152
Beginning balance (in shares) at Mar. 31, 2025   119,445,299         71,264,947        
Beginning balance at Mar. 31, 2025 6,845,982 $ 3,109,612 3,662,313 (30,094) 107,474 8,381,322 $ 178,162 4,116,696 3,992,700 (13,710) 107,474
Increase (Decrease) in Shareholders' Equity                      
Equity infusion from Pinnacle West           300,000   300,000      
Net income 196,870   192,564   4,306 208,404     204,098   4,306
Other comprehensive income (loss) (347)     (347)   (136)       (136)  
Dividends on common stock (213,731)   (213,731)     (213,600)     (213,600)    
Capital activities by noncontrolling interests (10,628)       (10,628) (10,628)         (10,628)
Other $ 2   2     4     4    
Ending balance (in shares) at Jun. 30, 2025 119,472,939 119,472,939         71,264,947        
Ending balance at Jun. 30, 2025 $ 6,827,940 $ 3,119,404 $ 3,641,148 $ (30,441) $ 101,152 $ 8,665,366 $ 178,162 $ 4,416,696 $ 3,983,202 $ (13,846) $ 101,152