XML 1050 R89.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value Measurements - Fair Value of Assets and Liabilities (Details) (USD $)
Dec. 31, 2014
Dec. 31, 2013
Assets    
Nuclear decommissioning trust $ 713,866,000us-gaap_DecommissioningTrustAssetsAmount $ 642,007,000us-gaap_DecommissioningTrustAssetsAmount
Total assets 33,000,000us-gaap_AssetsFairValueDisclosure 41,000,000us-gaap_AssetsFairValueDisclosure
Fair value measurement on a recurring basis    
Assets    
Other (23,000,000)us-gaap_DerivativeAssetFairValueGrossLiability
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
(9,000,000)us-gaap_DerivativeAssetFairValueGrossLiability
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Derivative assets 31,000,000us-gaap_DerivativeAssets
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
41,000,000us-gaap_DerivativeAssets
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Other (7,000,000)pnw_DecommissioningFundInvestmentsFairValueNetPendingSecuritiesSalesandPurchases
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
(3,000,000)pnw_DecommissioningFundInvestmentsFairValueNetPendingSecuritiesSalesandPurchases
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Nuclear decommissioning trust 714,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
642,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Other (30,000,000)pnw_DerivativeAssetFairValueGrossLiabilityandNetPendingSecuritiesSalesandPurchases
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
(12,000,000)pnw_DerivativeAssetFairValueGrossLiabilityandNetPendingSecuritiesSalesandPurchases
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Total assets 745,000,000us-gaap_AssetsFairValueDisclosure
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
683,000,000us-gaap_AssetsFairValueDisclosure
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Liabilities    
Other 59,000,000us-gaap_DerivativeLiabilityFairValueGrossAsset
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
21,000,000us-gaap_DerivativeLiabilityFairValueGrossAsset
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Derivative Liability (110,000,000)us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
(102,000,000)us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | US commingled equity funds    
Assets    
Nuclear decommissioning trust 310,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= pnw_USCommingledFundsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
272,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= pnw_USCommingledFundsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | U.S. Treasury    
Assets    
Nuclear decommissioning trust 119,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USTreasurySecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
107,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USTreasurySecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Cash and cash equivalent funds    
Assets    
Other (7,000,000)pnw_DecommissioningFundInvestmentsFairValueNetPendingSecuritiesSalesandPurchases
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
(3,000,000)pnw_DecommissioningFundInvestmentsFairValueNetPendingSecuritiesSalesandPurchases
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Nuclear decommissioning trust 4,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
8,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Corporate debt    
Assets    
Nuclear decommissioning trust 109,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CorporateDebtSecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
88,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CorporateDebtSecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Mortgage-backed securities    
Assets    
Nuclear decommissioning trust 89,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_MortgageBackedSecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
85,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_MortgageBackedSecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Municipality bonds    
Assets    
Nuclear decommissioning trust 69,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
71,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Other    
Assets    
Nuclear decommissioning trust 14,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_OtherDebtSecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
11,000,000us-gaap_DecommissioningTrustAssetsAmount
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_OtherDebtSecuritiesMember
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets    
Decommissioning fund investments, gross fair value 119,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
107,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Gross assets, fair value disclosure 119,000,000pnw_GrossAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
107,000,000pnw_GrossAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Treasury    
Assets    
Decommissioning fund investments, gross fair value 119,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USTreasurySecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
107,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USTreasurySecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Significant Other Observable Inputs (Level 2)    
Assets    
Gross derivative assets 21,000,000us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
9,000,000us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Decommissioning fund investments, gross fair value 602,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
538,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Gross assets, fair value disclosure 623,000,000pnw_GrossAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
547,000,000pnw_GrossAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Liabilities    
Gross derivative liability (95,000,000)us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
(33,000,000)us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Significant Other Observable Inputs (Level 2) | US commingled equity funds    
Assets    
Decommissioning fund investments, gross fair value 310,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= pnw_USCommingledFundsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
272,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= pnw_USCommingledFundsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Significant Other Observable Inputs (Level 2) | Cash and cash equivalent funds    
Assets    
Decommissioning fund investments, gross fair value 11,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
11,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Significant Other Observable Inputs (Level 2) | Corporate debt    
Assets    
Decommissioning fund investments, gross fair value 109,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CorporateDebtSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
88,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CorporateDebtSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Significant Other Observable Inputs (Level 2) | Mortgage-backed securities    
Assets    
Decommissioning fund investments, gross fair value 89,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_MortgageBackedSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
85,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_MortgageBackedSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Significant Other Observable Inputs (Level 2) | Municipality bonds    
Assets    
Decommissioning fund investments, gross fair value 69,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
71,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Significant Other Observable Inputs (Level 2) | Other    
Assets    
Decommissioning fund investments, gross fair value 14,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_OtherDebtSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
11,000,000pnw_DecommissioningFundInvestmentsGrossFairValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_OtherDebtSecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Fair value measurement on a recurring basis | Significant Unobservable Inputs (Level 3)    
Assets    
Gross derivative assets 33,000,000us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
41,000,000us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Gross assets, fair value disclosure 33,000,000pnw_GrossAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
41,000,000pnw_GrossAssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
Liabilities    
Gross derivative liability $ (74,000,000)us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember
$ (90,000,000)us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_FairValueByMeasurementFrequencyAxis
= us-gaap_FairValueMeasurementsRecurringMember