Schedule of property, plant and equipment |
Pinnacle West’s property, plant and equipment included in the December 31, 2018 and 2017 Consolidated Balance Sheets is composed of the following (dollars in thousands):
| | | | | | | | | Property, Plant and Equipment: | 2018 | | 2017 | Generation | $ | 8,285,514 |
| | $ | 7,963,998 |
| Transmission | 3,033,579 |
| | 2,836,578 |
| Distribution | 6,378,345 |
| | 6,025,856 |
| General plant | 1,039,190 |
| | 971,629 |
| Plant in service and held for future use | 18,736,628 |
| | 17,798,061 |
| Accumulated depreciation and amortization | (6,366,014 | ) | | (6,128,535 | ) | Net | 12,370,614 |
| | 11,669,526 |
| Construction work in progress | 1,170,062 |
| | 1,291,498 |
| Palo Verde sale leaseback, net of accumulated depreciation | 105,775 |
| | 109,645 |
| Intangible assets, net of accumulated amortization | 262,902 |
| | 257,189 |
| Nuclear fuel, net of accumulated amortization | 120,217 |
| | 117,408 |
| Total property, plant and equipment | $ | 14,029,570 |
| | $ | 13,445,266 |
|
|
Summary of supplemental cash flow information |
The following table summarizes supplemental Pinnacle West cash flow information for each of the last three years (dollars in thousands): | | | | | | | | | | | | | | Year ended December 31, | | 2018 | | 2017 | | 2016 | Cash paid during the period for: | |
| | |
| | |
| Income taxes, net of refunds | $ | 21,173 |
| | $ | 2,186 |
| | $ | 9,956 |
| Interest, net of amounts capitalized | 208,479 |
| | 189,288 |
| | 184,462 |
| Significant non-cash investing and financing activities: | |
| | |
| | |
| Accrued capital expenditures | $ | 132,620 |
| | $ | 130,404 |
| | $ | 114,855 |
| Dividends declared but not paid | 82,675 |
| | 77,667 |
| | 72,926 |
| Sale of 4CA 7% interest in Four Corners | 68,907 |
| | — |
| | — |
|
|