ARIZONA PUBLIC SERVICE COMPANY - CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
OPERATING REVENUES (Note 4)	$ 5,339,939	$ 5,124,915	$ 4,695,991
OPERATING EXPENSES
Fuel and purchased power	1,933,420	1,822,566	1,792,657
Operations and maintenance	1,185,065	1,165,156	1,058,725
Depreciation and amortization	915,343	895,346	794,043
Taxes other than income taxes	234,797	227,395	224,013
Other expense	3,684	2,389	1,913
Total	4,272,309	4,112,852	3,871,351
OPERATING INCOME	1,067,630	1,012,063	824,640
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction (Note 1)	61,146	38,620	53,118
Pension and other postretirement non-service credits, net (Note 9)	12,420	48,870	40,648
Other income (Note 15)	49,406	48,614	33,666
Other expense (Note 15)	(30,265)	(34,136)	(25,056)
Total	92,707	101,968	102,376
INTEREST EXPENSE
Interest charges	469,701	425,742	374,887
Allowance for borrowed funds used during construction (Note 1)	(47,733)	(48,270)	(43,564)
Total	421,968	377,472	331,323
Income Before Income Taxes	738,369	736,559	595,693
Income Taxes (Note 5)	106,726	110,529	76,912
NET INCOME	631,643	626,030	518,781
Less: Net income attributable to noncontrolling interests (Note 12)	15,112	17,224	17,224
Net Income (Loss) Attributable to Common Shareholders	616,531	608,806	501,557
APS
OPERATING REVENUES (Note 4)	5,339,939	5,124,915	4,695,991
OPERATING EXPENSES
Fuel and purchased power	1,933,420	1,822,566	1,792,657
Operations and maintenance	1,177,089	1,158,634	1,043,570
Depreciation and amortization	915,275	895,171	793,958
Taxes other than income taxes	234,733	227,307	223,962
Other expense	3,684	2,389	1,913
Total	4,264,201	4,106,067	3,856,060
OPERATING INCOME	1,075,738	1,018,848	839,931
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction (Note 1)	61,146	38,620	53,118
Pension and other postretirement non-service credits, net (Note 9)	13,365	49,489	41,577
Other income (Note 15)	16,214	21,094	27,072
Other expense (Note 15)	(26,382)	(29,698)	(18,264)
Total	64,343	79,505	103,503
INTEREST EXPENSE
Interest charges	379,468	360,481	323,719
Allowance for borrowed funds used during construction (Note 1)	(47,733)	(48,270)	(39,030)
Total	331,735	312,211	284,689
Income Before Income Taxes	808,346	786,142	658,745
Income Taxes (Note 5)	125,919	126,993	94,184
NET INCOME	682,427	659,149	564,561
Less: Net income attributable to noncontrolling interests (Note 12)	15,112	17,224	17,224
Net Income (Loss) Attributable to Common Shareholders	$ 667,315	$ 641,925	$ 547,337