Other Income and Other Expense

12 Months Ended

Dec. 31, 2016

Component of Other Income and Other Expense Nonoperating [Line Items]

Other Income and Other Expense

Other Income and Other Expense

The following table provides detail of Pinnacle West's Consolidated other income and other expense for 2016, 2015 and 2014 (dollars in thousands):

	2016			2015			2014
Other income:
Interest income	$	884		$	493		$	1,010
Debt return on the purchase of Four Corners units 4 & 5	—			—			8,386
Miscellaneous	17			128			212
Total other income	$	901		$	621		$	9,608
Other expense:
Non-operating costs	$	(9,235	)	$	(11,292	)	$	(9,657	)
Investment losses — net	(1,747		)	(2,080		)	(9,426		)
Miscellaneous	(4,355		)	(4,451		)	(2,663		)
Total other expense	$	(15,337	)	$	(17,823	)	$	(21,746	)

ARIZONA PUBLIC SERVICE COMPANY

Component of Other Income and Other Expense Nonoperating [Line Items]

Other Income and Other Expense

Other Income and Other Expense - APS

The following table provides detail of APS’s other income and other expense for 2016, 2015 and 2014 (dollars in thousands):

	2016			2015			2014
Other income:
Interest income	$	261		$	163		$	689
Debt return on the purchase of Four Corners units 4 & 5	—			—			8,386
Gain on disposition of property	5,745			716			1,197
Miscellaneous	2,601			1,955			1,023
Total other income	$	8,607		$	2,834		$	11,295
Other expense:
Non-operating costs (a)	$	(11,034	)	$	(11,648	)	$	(10,397	)
Loss on disposition of property	(1,246		)	(2,219		)	(615		)
Miscellaneous	(5,234		)	(5,152		)	(2,391		)
Total other expense	$	(17,514	)	$	(19,019	)	$	(13,403	)

(a)As defined by FERC, includes non-operating utility income and expense (items excluded from utility rate recovery).