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CONDENSED CONSOLIDATED BALANCE SHEETS (APSC) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
PROPERTY, PLANT AND EQUIPMENT    
Plant in service and held for future use $ 15,256,945 $ 15,200,464
Accumulated depreciation and amortization (5,360,781) (5,300,219)
Net 9,896,164 9,900,245
Construction work in progress 646,236 581,369
Palo Verde sale leaseback, net of accumulated depreciation (Note 6) 124,157 125,125
Intangible assets, net of accumulated amortization 144,446 157,689
Nuclear fuel, net of accumulated amortization 144,048 124,557
Total property, plant and equipment 10,955,051 10,888,985
INVESTMENTS AND OTHER ASSETS    
Nuclear decommissioning trust (Note 13) 657,862 642,007
Assets from risk management activities (Note 7) 21,626 23,815
Other assets 60,753 60,875
Total investments and other assets 740,241 726,697
CURRENT ASSETS    
Cash and cash equivalents 103,421 9,526
Customer and other receivables 245,884 299,904
Accrued unbilled revenues 88,907 96,796
Allowance for doubtful accounts (2,504) (3,203)
Materials and supplies (at average cost) 223,401 221,682
Fossil fuel (at average cost) 36,496 38,028
Income tax receivable 4,647 135,517
Assets from risk management activities (Note 7) 16,951 17,169
Deferred fuel and purchased power regulatory asset (Note 3)   20,755
Other regulatory assets (Note 3) 76,317 76,388
Other current assets 45,780 39,895
Total current assets 897,930 1,043,609
DEFERRED DEBITS    
Regulatory assets (Note 3) 719,596 711,712
Other 137,979 137,683
Total deferred debits 857,575 849,395
TOTAL ASSETS 13,450,797 13,508,686
CAPITALIZATION    
Common stock 2,496,641 2,487,250
Retained earnings 1,801,047 1,785,273
Accumulated other comprehensive loss:    
Pension and other postretirement benefits (54,538) (54,995)
Derivative instruments (20,364) (23,058)
Total shareholders' equity 4,222,786 4,194,470
Noncontrolling interests (Note 6) 154,915 145,990
Total equity 4,377,701 4,340,460
CURRENT LIABILITIES    
Short-term borrowings (Note 2) 9,500 153,125
Current maturities of long-term debt (Note 2) 540,424 540,424
Accounts payable 224,820 284,516
Accrued taxes (Note 5) 179,137 130,998
Accrued interest 47,392 48,351
Common dividends payable   62,528
Customer deposits 75,999 76,101
Liabilities from risk management activities (Note 7) 19,907 31,892
Deferred fuel and purchased power regulatory liability (Note 3) 18,897  
Other regulatory liabilities (Note 3) 116,903 99,273
Other current liabilities 136,128 158,540
Total current liabilities 1,394,643 1,618,644
DEFERRED CREDITS AND OTHER    
Deferred income taxes 2,359,689 2,351,882
Regulatory liabilities (Note 3) 783,702 801,297
Liabilities for asset retirements 344,708 313,833
Liabilities for pension and other postretirement benefits (Note 4) 442,136 513,628
Liabilities from risk management activities (Note 7) 29,106 70,315
Customer advances 115,033 114,480
Coal mine reclamation 208,183 207,453
Deferred investment tax credit 152,114 152,361
Unrecognized tax benefits (Note 5) 13,502 42,209
Other 184,666 185,659
Total deferred credits and other 4,632,839 4,753,117
COMMITMENTS AND CONTINGENCIES (SEE NOTES)      
TOTAL LIABILITIES AND EQUITY 13,450,797 13,508,686
ARIZONA PUBLIC SERVICE COMPANY
   
PROPERTY, PLANT AND EQUIPMENT    
Plant in service and held for future use 15,253,694 15,196,598
Accumulated depreciation and amortization (5,357,699) (5,296,501)
Net 9,895,995 9,900,097
Construction work in progress 646,236 581,369
Palo Verde sale leaseback, net of accumulated depreciation (Note 6) 124,157 125,125
Intangible assets, net of accumulated amortization 144,291 157,534
Nuclear fuel, net of accumulated amortization 144,048 124,557
Total property, plant and equipment 10,954,727 10,888,682
INVESTMENTS AND OTHER ASSETS    
Nuclear decommissioning trust (Note 13) 657,862 642,007
Assets from risk management activities (Note 7) 21,626 23,815
Other assets 34,411 33,709
Total investments and other assets 713,899 699,531
CURRENT ASSETS    
Cash and cash equivalents 103,400 3,725
Customer and other receivables 245,272 299,055
Accrued unbilled revenues 88,907 96,796
Allowance for doubtful accounts (2,504) (3,203)
Materials and supplies (at average cost) 223,401 221,682
Fossil fuel (at average cost) 36,496 38,028
Income tax receivable 289 135,179
Assets from risk management activities (Note 7) 16,951 17,169
Deferred fuel and purchased power regulatory asset (Note 3)   20,755
Other regulatory assets (Note 3) 76,317 76,388
Other current assets 45,176 39,153
Total current assets 833,705 944,727
DEFERRED DEBITS    
Regulatory assets (Note 3) 719,596 711,712
Unamortized debt issue costs 22,686 21,860
Other 114,437 114,865
Total deferred debits 856,719 848,437
TOTAL ASSETS 13,359,050 13,381,377
CAPITALIZATION    
Common stock 178,162 178,162
Additional paid-in capital 2,379,696 2,379,696
Retained earnings 1,823,914 1,804,398
Accumulated other comprehensive loss:    
Pension and other postretirement benefits (29,747) (30,313)
Derivative instruments (20,364) (23,059)
Total shareholders' equity 4,331,661 4,308,884
Noncontrolling interests (Note 6) 154,915 145,990
Total equity 4,486,576 4,454,874
Long-term debt less current maturities (Note 2) 2,920,614 2,671,465
Total capitalization 7,407,190 7,126,339
CURRENT LIABILITIES    
Short-term borrowings (Note 2)   153,125
Current maturities of long-term debt (Note 2) 540,424 540,424
Accounts payable 219,910 281,237
Accrued taxes (Note 5) 173,040 122,460
Accrued interest 47,207 48,132
Common dividends payable   62,500
Customer deposits 75,999 76,101
Deferred income taxes 21,951 2,033
Liabilities from risk management activities (Note 7) 19,907 31,892
Liabilities for asset retirements 25,536 32,896
Deferred fuel and purchased power regulatory liability (Note 3) 18,897  
Other regulatory liabilities (Note 3) 116,903 99,273
Other current liabilities 118,934 130,774
Total current liabilities 1,378,708 1,580,847
DEFERRED CREDITS AND OTHER    
Deferred income taxes 2,355,237 2,347,724
Regulatory liabilities (Note 3) 783,702 801,297
Liabilities for asset retirements 344,708 313,833
Liabilities for pension and other postretirement benefits (Note 4) 405,597 476,017
Liabilities from risk management activities (Note 7) 29,106 70,315
Customer advances 115,033 114,480
Coal mine reclamation 208,183 207,453
Deferred investment tax credit 152,114 152,361
Unrecognized tax benefits (Note 5) 26,284 42,209
Other 153,188 148,502
Total deferred credits and other 4,573,152 4,674,191
COMMITMENTS AND CONTINGENCIES (SEE NOTES)      
TOTAL LIABILITIES AND EQUITY $ 13,359,050 $ 13,381,377