Other Income and Other Expense (Tables)

6 Months Ended

Jun. 30, 2020

Other Income and Expenses [Abstract]

Detail of other income and other expense

The following table provides detail of Pinnacle West's Consolidated other income and other expense (dollars in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2020			2019			2020			2019
Other income:
Interest income	$	2,755		$	2,699		$	6,032		$	5,001
Investment gains (losses) - net	2,826			—			2,826			—
Debt return on Four Corners SCR deferrals (Note 4)	4,249			4,887			7,389			9,731
Debt return on Ocotillo modernization project (Note 4)	6,703			5,294			12,847			5,294
Miscellaneous	137			5			145			28
Total other income	$	16,670		$	12,885		$	29,239		$	20,054
Other expense:
Non-operating costs	$	(2,290	)	$	(3,481	)	$	(4,948	)	$	(6,185	)
Investment gains (losses) — net	—			(491		)	60			(729		)
Miscellaneous	(1,746		)	(378		)	(3,932		)	(1,794		)
Total other expense	$	(4,036	)	$	(4,350	)	$	(8,820	)	$	(8,708	)

The following table provides detail of APS’s other income and other expense (dollars in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2020			2019			2020			2019
Other income:
Interest income	$	2,183		$	1,504		$	4,524		$	3,054
Debt return on Four Corners SCR deferrals (Note 4)	4,249			4,887			7,389			9,731
Debt return on Ocotillo modernization project (Note 4)	6,703			5,294			12,847			5,294
Miscellaneous	137			6			145			28
Total other income	$	13,272		$	11,691		$	24,905		$	18,107
Other expense:
Non-operating costs	$	(2,113	)	$	(3,049	)	$	(4,595	)	$	(5,517	)
Miscellaneous	(1,746		)	(379		)	(3,932		)	(1,789		)
Total other expense	$	(3,859	)	$	(3,428	)	$	(8,527	)	$	(7,306	)