Other Income and Other Expense

6 Months Ended

Jun. 30, 2019

Other Income and Expenses [Abstract]

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 the three and six months ended June 30, 2019 and 2018 (dollars in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Other income:
Interest income	$	2,699		$	2,408		$	5,001		$	4,299
Debt return on Four Corners SCR (Note 4)	4,887			4,188			9,731			6,280
Debt return on Ocotillo modernization project (Note 4)	5,294			—			5,294			—
Miscellaneous	5			2			28			4
Total other income	$	12,885		$	6,598		$	20,054		$	10,583
Other expense:
Non-operating costs	$	(3,481	)	$	(3,278	)	$	(6,185	)	$	(4,924	)
Investment losses — net	(491		)	(174		)	(729		)	(350		)
Miscellaneous	(378		)	(319		)	(1,794		)	(1,726		)
Total other expense	$	(4,350	)	$	(3,771	)	$	(8,708	)	$	(7,000	)

The following table provides detail of APS’s other income and other expense for the three and six months ended June 30, 2019 and 2018 (dollars in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Other income:
Interest income	$	1,504		$	2,046		$	3,054		$	3,724
Debt return on Four Corners SCR (Note 4)	4,887			4,188			9,731			6,280
Debt return on Ocotillo modernization project (Note 4)	5,294			—			5,294			—
Miscellaneous	6			1			28			3
Total other income	$	11,691		$	6,235		$	18,107		$	10,007
Other expense:
Non-operating costs	$	(3,049	)	$	(3,057	)	$	(5,517	)	$	(4,596	)
Miscellaneous	(379		)	(315		)	(1,789		)	(1,722		)
Total other expense	$	(3,428	)	$	(3,372	)	$	(7,306	)	$	(6,318	)