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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 414,161,000 $ 407,152,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization including nuclear fuel 371,722,000 377,971,000
Deferred fuel and purchased power (26,880,000) 13,093,000
Deferred fuel and purchased power amortization 31,724,000 23,158,000
Allowance for equity funds used during construction (21,979,000) (18,698,000)
Deferred income taxes 136,777,000 256,132,000
Deferred investment tax credit 25,206,000 16,164,000
Change in derivative instruments fair value 300,000 537,000
Changes in current assets and liabilities:    
Customer and other receivables (149,053,000) (178,029,000)
Accrued unbilled revenues (59,240,000) (37,710,000)
Materials, supplies and fossil fuel (3,346,000) (8,914,000)
Income tax receivable 135,517,000 (131,128,000)
Other current assets (4,428,000) (12,246,000)
Accounts payable (7,171,000) 44,704,000
Accrued taxes 118,934,000 58,919,000
Other current liabilities 48,407,000 4,096,000
Change in margin and collateral accounts — assets (475,000) (327,000)
Change in margin and collateral accounts — liabilities (20,875,000) 15,000,000
Change in long-term income tax receivable 0 137,270,000
Change in unrecognized tax benefits 1,744,000 (57,585,000)
Change in other long-term assets (50,005,000) (24,345,000)
Change in other long-term liabilities (54,122,000) (2,884,000)
Net cash flow provided by operating activities 886,918,000 882,330,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (618,658,000) (581,515,000)
Contributions in aid of construction 8,537,000 34,910,000
Allowance for borrowed funds used during construction (11,039,000) (10,861,000)
Proceeds from nuclear decommissioning trust sales 269,276,000 363,944,000
Investment in nuclear decommissioning trust (282,212,000) (376,881,000)
Other 339,000 (1,553,000)
Net cash flow used for investing activities (633,757,000) (571,956,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of long-term debt 574,126,000 136,307,000
Repayment of long-term debt (503,583,000) (72,777,000)
Short-term borrowings and payments — net (133,975,000) (92,175,000)
Dividends paid on common stock (187,778,000) (174,485,000)
Dividends paid on common stock 14,860,000 10,396,000
Distributions to noncontrolling interests (15,869,000) (9,197,000)
Other 3,000 812,000
Net cash flow used for financing activities (252,216,000) (201,119,000)
NET INCREASE IN CASH AND CASH EQUIVALENTS 945,000 109,255,000
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 9,526,000 26,202,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD 10,471,000 135,457,000
Cash paid (received) during the period for:    
Income taxes, net of refunds (131,154,000) 3,412,000
Interest, net of amounts capitalized 145,285,000 141,047,000
Significant non-cash investing and financing activities:    
Accrued capital expenditures 24,135,000 11,377,000
Arizona Public Service Company
   
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME 427,460,000 420,283,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization including nuclear fuel 371,651,000 377,899,000
Deferred fuel and purchased power (26,880,000) 13,093,000
Deferred fuel and purchased power amortization 31,724,000 23,158,000
Allowance for equity funds used during construction (21,979,000) (18,698,000)
Deferred income taxes 77,435,000 256,253,000
Deferred investment tax credit 25,206,000 16,164,000
Change in derivative instruments fair value 300,000 537,000
Changes in current assets and liabilities:    
Customer and other receivables (149,725,000) (179,494,000)
Accrued unbilled revenues (59,240,000) (37,710,000)
Materials, supplies and fossil fuel (3,346,000) (8,914,000)
Income tax receivable 135,179,000 (125,509,000)
Other current assets (4,575,000) (11,449,000)
Accounts payable (10,055,000) 43,886,000
Accrued taxes 178,186,000 61,649,000
Other current liabilities 55,127,000 1,073,000
Change in margin and collateral accounts — assets (474,000) (327,000)
Change in margin and collateral accounts — liabilities (20,875,000) 15,000,000
Change in long-term income tax receivable 0 137,665,000
Change in unrecognized tax benefits 1,744,000 (57,585,000)
Change in other long-term assets (49,635,000) (28,686,000)
Change in other long-term liabilities (54,940,000) 691,000
Net cash flow provided by operating activities 902,288,000 898,979,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (618,658,000) (581,515,000)
Contributions in aid of construction 8,537,000 34,910,000
Allowance for borrowed funds used during construction (11,039,000) (10,861,000)
Proceeds from nuclear decommissioning trust sales 269,276,000 363,944,000
Investment in nuclear decommissioning trust (282,212,000) (376,881,000)
Other 339,000 (1,561,000)
Net cash flow used for investing activities (633,757,000) (571,964,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of long-term debt 574,126,000 136,307,000
Repayment of long-term debt (503,583,000) (72,777,000)
Short-term borrowings and payments — net (133,975,000) (92,175,000)
Dividends paid on common stock (187,800,000) (179,600,000)
Distributions to noncontrolling interests (15,869,000) (9,197,000)
Net cash flow used for financing activities (267,101,000) (217,442,000)
NET INCREASE IN CASH AND CASH EQUIVALENTS 1,430,000 109,573,000
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 3,725,000 3,499,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD 5,155,000 113,072,000
Cash paid (received) during the period for:    
Income taxes, net of refunds (119,440,000) 3,412,000
Interest, net of amounts capitalized 142,364,000 138,626,000
Significant non-cash investing and financing activities:    
Accrued capital expenditures $ 24,135,000 $ 11,377,000