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SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF REGISTRANT - Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities      
Net income $ 635,944 $ 570,052 $ 557,813
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 719,141 686,253 664,140
Deferred income taxes 117,471 69,469 (1,479)
Accounts receivable (72,559) (18,191) (12,789)
Accounts payable 20,267 (6,059) 50,641
Net cash provided by operating activities 860,014 966,365 956,726
Cash flows from investing activities      
Net cash used for investing activities (1,386,929) (1,277,818) (1,130,977)
Cash flows from financing activities      
Issuance of long-term debt 746,999 1,596,672 1,092,188
Short-term debt borrowings under revolving credit facility 0 751,690 49,000
Short-term debt repayments under revolving credit facility (19,000) (770,690) (65,000)
Short-term borrowings and (repayments) — net 142,000 73,325 54,275
Dividends paid on common stock (369,478) (350,577) (329,643)
Repayment of long-term debt 0 (915,150) (600,000)
Common stock equity issuance and purchases — net (2,350) (1,389) 692
Net cash provided by financing activities 476,916 361,138 178,768
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (49,999) 49,685 4,517
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 59,968 10,283 5,766
CASH AND CASH EQUIVALENTS AT END OF YEAR 9,969 59,968 10,283
Pinnacle West      
Cash Flows from Operating Activities      
Net income 618,720 550,559 538,320
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in earnings of subsidiaries — net (628,916) (566,147) (562,946)
Depreciation and amortization 93 76 76
Deferred income taxes (11,381) 33,007 (35,831)
Accounts receivable 8,897 (7,903) 182
Accounts payable (2,598) (1,964) (2,129)
Accrued taxes and income tax receivables — net 16,079 9,610 16,400
Dividends received from subsidiaries 376,500 357,500 336,300
Other 4,214 20,163 (1,300)
Net cash provided by operating activities 381,608 394,901 289,072
Cash flows from investing activities      
Investments in subsidiaries (145,266) (137,881) 1,557
Repayments of loans from subsidiaries 4,017 932 4,190
Advances of loans to subsidiaries (12,256) (7,261) (4,165)
Net cash used for investing activities (153,505) (144,210) 1,582
Cash flows from financing activities      
Issuance of long-term debt 300,000 496,950 0
Short-term debt borrowings under revolving credit facility 0 211,690 49,000
Short-term debt repayments under revolving credit facility (19,000) (230,690) (65,000)
Short-term borrowings and (repayments) — net (136,700) 73,325 54,275
Dividends paid on common stock (369,478) (350,577) (329,643)
Repayment of long-term debt 0 (450,000) 0
Common stock equity issuance and purchases — net (2,350) (1,389) 692
Net cash provided by financing activities (227,528) (250,691) (290,676)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 575 0 (22)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 19 19 41
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 594 $ 19 $ 19