Other Income and Other Expense (Tables)

9 Months Ended

Sep. 30, 2020

Other Income and Expenses [Abstract]

Detail of other income and other expense

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Other income:
Interest income	$	2,956	$	2,694	$	8,988	$	7,695
Investment gains (losses) - net	—		—		2,594		—
Debt return on Four Corners SCR deferrals (Note 4)	4,260		4,920		11,649		14,651
Debt return on Ocotillo modernization project (Note 4)	6,663		7,555		19,511		12,849
Miscellaneous	2		22		146		50
Total other income	$	13,881	$	15,191	$	42,888	$	35,245
Other expense:
Non-operating costs	$	(2,453)	$	(2,647)	$	(7,401)	$	(8,832)
Investment gains (losses) — net	(291)		(716)		—		(1,445)
Miscellaneous	(3,094)		(2,377)		(7,025)		(4,171)
Total other expense	$	(5,838)	$	(5,740)	$	(14,426)	$	(14,448)

The following table provides detail of APS’s other income and other expense (dollars in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Other income:
Interest income	$	2,403	$	2,037	$	6,927	$	5,091
Debt return on Four Corners SCR deferrals (Note 4)	4,260		4,920		11,649		14,651
Debt return on Ocotillo modernization project (Note 4)	6,663		7,555		19,511		12,849
Miscellaneous	2		22		146		50
Total other income	$	13,328	$	14,534	$	38,233	$	32,641
Other expense:
Non-operating costs	$	(1,906)	$	(2,448)	$	(6,501)	$	(7,965)
Miscellaneous	(893)		(378)		(4,825)		(2,167)
Total other expense	$	(2,799)	$	(2,826)	$	(11,326)	$	(10,132)