CONSOLIDATED STATEMENTS OF INCOME (APSC) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
ELECTRIC OPERATING REVENUES	$ 3,237,194	$ 3,180,678	$ 3,149,187
OPERATING EXPENSES
Fuel and purchased power	1,009,464	1,046,815	1,178,620
Operations and maintenance	904,286	870,185	822,300
Depreciation and amortization	427,054	414,479	407,354
Income taxes (Notes 4 and S-1)	6,659	7,509	5,984
Taxes other than income taxes	147,408	135,328	123,270
Total	2,494,871	2,474,316	2,537,528
OPERATING INCOME	746,508	714,883	616,128
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction (Note 1)	23,707	22,066	14,999
Other income (Note S-3)	3,111	6,387	5,159
Other expense (Note S-3)	(10,451)	(9,921)	(14,300)
Total	16,367	18,532	5,858
INTEREST EXPENSE
Allowance for borrowed funds used during construction (Note 1)	(18,358)	(16,479)	(10,379)
Total	223,637	227,695	227,387
NET INCOME	366,940	370,209	72,764
Less: Net income attributable to noncontrolling interests (Note 20)	27,467	20,156	4,434
Net income attributable to common shareholders	339,473	350,053	68,330
ARIZONA PUBLIC SERVICE COMPANY
ELECTRIC OPERATING REVENUES	3,237,241	3,180,807	3,149,500
OPERATING EXPENSES
Fuel and purchased power	1,009,464	1,046,815	1,178,620
Operations and maintenance	895,917	860,712	812,903
Depreciation and amortization	426,958	414,336	407,159
Income taxes (Notes 4 and S-1)	204,066	175,440	158,661
Taxes other than income taxes	146,453	134,467	122,358
Total	2,682,858	2,631,770	2,679,701
OPERATING INCOME	554,383	549,037	469,799
OTHER INCOME (DEDUCTIONS)
Income taxes (Notes 4 and S-1)	11,524	4,975	6,087
Allowance for equity funds used during construction (Note 1)	23,707	22,066	14,999
Other income (Note S-3)	5,071	8,956	10,808
Other expense (Note S-3)	(15,328)	(15,859)	(18,001)
Total	24,974	20,138	13,893
INTEREST EXPENSE
Interest on long-term debt	218,981	217,002	212,654
Interest on short-term borrowings	10,345	8,267	6,315
Debt discount, premium and expense	4,616	4,559	4,675
Allowance for borrowed funds used during construction (Note 1)	(18,358)	(16,479)	(10,386)
Total	215,584	213,349	213,258
NET INCOME	363,773	355,826	270,434
Less: Net income attributable to noncontrolling interests (Note 20)	(27,524)	(20,163)	(19,209)
Net income attributable to common shareholders	$ 336,249	$ 335,663	$ 251,225