XML 97 R82.htm IDEA: XBRL DOCUMENT v3.25.2
Investments in Nuclear Decommissioning Trusts and Other Special Use Funds - Schedule of Investments in Nuclear Decommissioning Trusts and Other Special Use Funds (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Variable Interest Entity | Pinnacle West Captive Insurance Cell          
Fair value of fixed income securities, summarized by contractual maturities          
Special use fund $ 39,000   $ 39,000   $ 34,000
APS          
Nuclear decommissioning trust fund assets          
Total 1,761,190   1,761,190   1,691,202
Total Unrealized Gains     400,706   366,844
Total Unrealized Losses     (19,502)   (32,136)
Amortized cost 1,227,000   1,227,000   1,224,000
Realized gains and losses and proceeds from the sale of securities by the nuclear decommissioning trust funds          
Realized gains 1,702 $ 8,943 3,360 $ 63,515  
Realized losses (2,611) (3,706) (5,372) (6,521)  
Proceeds from the sale of securities 433,830 328,505 919,644 772,375  
Fair value of fixed income securities, summarized by contractual maturities          
Special use fund         34,200
APS | Nuclear Decommissioning Trusts          
Nuclear decommissioning trust fund assets          
Total 1,337,858   1,337,858   1,282,845
Realized gains and losses and proceeds from the sale of securities by the nuclear decommissioning trust funds          
Realized gains 1,702 8,943 3,360 63,435  
Realized losses (2,611) (3,706) (5,372) (6,521)  
Proceeds from the sale of securities 342,313 270,631 758,914 648,453  
APS | Other Special Use Funds          
Nuclear decommissioning trust fund assets          
Total 423,332   423,332   408,357
Realized gains and losses and proceeds from the sale of securities by the nuclear decommissioning trust funds          
Realized gains 0 0 0 80  
Realized losses 0 0 0 0  
Proceeds from the sale of securities 91,517 $ 57,874 160,730 $ 123,922  
APS | Captive Insurance Cell          
Nuclear decommissioning trust fund assets          
Total Unrealized Gains     2,000    
Realized gains and losses and proceeds from the sale of securities by the nuclear decommissioning trust funds          
Proceeds from the sale of securities 25,200   50,500    
APS | Equity securities          
Nuclear decommissioning trust fund assets          
Equity securities 532,289   532,289   460,432
Total Unrealized Gains     385,464   359,127
Total Unrealized Losses     0   (176)
APS | Equity securities | Nuclear Decommissioning Trusts          
Nuclear decommissioning trust fund assets          
Equity securities 467,967   467,967   435,470
APS | Equity securities | Other Special Use Funds          
Nuclear decommissioning trust fund assets          
Equity securities 64,322   64,322   24,962
APS | Available for sale-fixed income securities          
Nuclear decommissioning trust fund assets          
Available for sale-fixed income securities 1,222,381   1,222,381   1,199,584
Total Unrealized Gains     15,242   7,717
Total Unrealized Losses     (19,502)   (31,960)
Fair value of fixed income securities, summarized by contractual maturities          
Less than one year 142,870   142,870    
1 year – 5 years 494,787   494,787    
5 years – 10 years 187,732   187,732    
Greater than 10 years 396,992   396,992    
Total 1,222,381   1,222,381    
APS | Available for sale-fixed income securities | Nuclear Decommissioning Trusts          
Nuclear decommissioning trust fund assets          
Available for sale-fixed income securities 866,215   866,215   844,040
Fair value of fixed income securities, summarized by contractual maturities          
Less than one year 19,613   19,613    
1 year – 5 years 278,017   278,017    
5 years – 10 years 171,593   171,593    
Greater than 10 years 396,992   396,992    
Total 866,215   866,215    
APS | Available for sale-fixed income securities | Other Special Use Funds          
Nuclear decommissioning trust fund assets          
Available for sale-fixed income securities 356,166   356,166   355,544
APS | Available for sale-fixed income securities | Coal Reclamation Escrow Account          
Fair value of fixed income securities, summarized by contractual maturities          
Less than one year 83,392   83,392    
1 year – 5 years 58,611   58,611    
5 years – 10 years 0   0    
Greater than 10 years 0   0    
Total 142,003   142,003    
APS | Available for sale-fixed income securities | Active Union Employee Medical Account          
Fair value of fixed income securities, summarized by contractual maturities          
Less than one year 39,865   39,865    
1 year – 5 years 158,159   158,159    
5 years – 10 years 16,139   16,139    
Greater than 10 years 0   0    
Total 214,163   214,163    
APS | Other          
Nuclear decommissioning trust fund assets          
Other 6,520   6,520   31,186
Total Unrealized Gains     0   0
Total Unrealized Losses     0   0
APS | Other | Nuclear Decommissioning Trusts          
Nuclear decommissioning trust fund assets          
Other 3,676   3,676   3,335
APS | Other | Other Special Use Funds          
Nuclear decommissioning trust fund assets          
Other 2,844   2,844   $ 27,851
Pinnacle West | Variable Interest Entity | Pinnacle West Captive Insurance Cell          
Fair value of fixed income securities, summarized by contractual maturities          
Special use fund $ 38,500   $ 38,500