XML 94 R67.htm IDEA: XBRL DOCUMENT v3.6.0.2
Income Taxes - Effective Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Comparison of pretax income from continuing operations at the federal income tax rate to income tax expense - continuing operations                      
Federal income tax rate (as a percent)                 35.00% 35.00% 35.00%
Income Tax Reconciliation Increases Reductions in Tax Expense [Abstract]                      
Federal income tax expense at 35% statutory rate                 $ 244,278 $ 242,869 $ 225,540
State income tax net of federal income tax benefit                 16,311 18,265 18,149
Credits and favorable adjustments related to prior years resolved in current year                 0 (2,169) 0
Medicare Subsidy Part-D                 844 837 830
Allowance for equity funds used during construction (see Note 1)                 (11,724) (9,711) (8,523)
Palo Verde VIE noncontrolling interest (see Note 18)                 (6,823) (6,626) (9,135)
Investment tax credit amortization                 (5,887) (5,527) (4,928)
Other                 (588) (218) (1,228)
Income tax expense $ 27,309 $ 141,446 $ 65,742 $ 1,914 $ 22,847 $ 139,555 $ 67,371 $ 7,947 $ 236,411 $ 237,720 $ 220,705
ARIZONA PUBLIC SERVICE COMPANY                      
Comparison of pretax income from continuing operations at the federal income tax rate to income tax expense - continuing operations                      
Federal income tax rate (as a percent)                 35.00% 35.00% 35.00%
Income Tax Reconciliation Increases Reductions in Tax Expense [Abstract]                      
Federal income tax expense at 35% statutory rate                 $ 254,617 $ 250,267 $ 239,638
State income tax net of federal income tax benefit                 18,750 20,433 21,148
Credits and favorable adjustments related to prior years resolved in current year                 0 (1,892) 0
Medicare Subsidy Part-D                 844 837 830
Allowance for equity funds used during construction (see Note 1)                 (11,724) (9,711) (8,523)
Palo Verde VIE noncontrolling interest (see Note 18)                 (6,823) (6,626) (9,135)
Investment tax credit amortization                 (5,887) (5,527) (4,928)
Other                 (3,935) (1,940) (1,670)
Income tax expense                 $ 245,842 $ 245,841 $ 237,360