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Schedule I - Condensed Financial Information of Registrant - Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net income $ 500,826 $ 635,944 $ 570,052
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 817,814 719,141 686,253
Deferred income taxes 43,202 117,471 69,469
Accounts receivable (63,869) (72,559) (18,191)
Accounts payable 90,076 20,267 (6,059)
Net cash provided by operating activities 1,241,441 860,014 966,365
Cash flows from investing activities      
Net cash used for investing activities (1,618,046) (1,386,929) (1,277,818)
Cash flows from financing activities      
Issuance of long-term debt 875,537 746,999 1,596,672
Short-term debt borrowings under revolving credit facility 0 0 751,690
Short-term debt repayments under revolving credit facility 0 (19,000) (770,690)
Short-term borrowings and (repayments) — net 48,720 142,000 73,325
Dividends paid on common stock (378,881) (369,478) (350,577)
Repayment of long-term debt (150,000) 0 (915,150)
Common stock equity issuance and purchases — net (2,653) (2,350) (1,389)
Net cash provided by financing activities 371,468 476,916 361,138
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (5,137) (49,999) 49,685
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 9,969 59,968 10,283
CASH AND CASH EQUIVALENTS AT END OF YEAR 4,832 9,969 59,968
Pinnacle West      
Cash flows from operating activities      
Net income 483,602 618,720 550,559
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in earnings of subsidiaries — net (500,042) (628,916) (566,147)
Depreciation and amortization 76 93 76
Deferred income taxes 17,256 (11,381) 33,007
Accounts receivable (8,535) 8,897 (7,903)
Accounts payable 3,431 (2,598) (1,964)
Accrued taxes and income tax receivables — net (25,157) 16,079 9,610
Dividends received from subsidiaries 385,800 376,500 357,500
Other 47,719 4,214 20,163
Net cash provided by operating activities 404,150 381,608 394,901
Cash flows from investing activities      
Investments in subsidiaries (186,630) (145,266) (137,881)
Repayments of loans from subsidiaries 14,308 4,017 932
Advances of loans to subsidiaries (3,308) (12,256) (7,261)
Net cash used for investing activities (175,630) (153,505) (144,210)
Cash flows from financing activities      
Issuance of long-term debt 300,000 300,000 496,950
Short-term debt borrowings under revolving credit facility 0 0 211,690
Short-term debt repayments under revolving credit facility 0 (19,000) (230,690)
Short-term borrowings and (repayments) — net 2,420 (136,700) 73,325
Dividends paid on common stock (378,881) (369,478) (350,577)
Repayment of long-term debt (150,000) 0 (450,000)
Common stock equity issuance and purchases — net (2,653) (2,350) (1,389)
Net cash provided by financing activities (229,114) (227,528) (250,691)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (594) 575 0
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 594 19 19
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 0 $ 594 $ 19