Other Income and Other Expense

3 Months Ended

Mar. 31, 2022

Other Income and Expenses [Abstract]

Other Income and Other Expense

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 March 31,
	2022		2021
Other income:
Interest income	$	1,642	$	1,948
Debt return on Four Corners SCR deferrals (Note 4)	—		4,086
Debt return on Ocotillo modernization project (Note 4)	—		6,392
Miscellaneous	62		3
Total other income	$	1,704	$	12,429
Other expense:
Non-operating costs	(2,453)		(1,937)
Investment losses — net	(681)		(343)
Miscellaneous	(288)		(1,573)
Total other expense	$	(3,422)	$	(3,853)

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

	Three Months Ended March 31,
	2022		2021
Other income:
Interest income	$	1,099	$	1,481
Debt return on Four Corners SCR deferrals (Note 4)	—		4,086
Debt return on Ocotillo modernization project (Note 4)	—		6,392
Miscellaneous	53		1
Total other income	$	1,152	$	11,960
Other expense:
Non-operating costs	(1,561)		(1,778)
Miscellaneous	(288)		(1,572)
Total other expense	$	(1,849)	$	(3,350)