v3.25.1
Other Income and Other Expense (Tables)
 3 Months Ended
Mar. 31, 2025
Other Income and Expenses [Abstract]  
Schedule 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 March 31,
 20252024
Other income:
Interest income (a)$5,996 $7,560 
Investment gain — net (b)10,984 — 
Gain on sale of BCE (Note 18)
— 22,988 
Miscellaneous481 59 
Total other income$17,461 $30,607 
Other expense:
Non-operating costs$(2,229)$(6,150)
Investment losses — net— (777)
Miscellaneous(341)(640)
Total other expense$(2,570)$(7,567)

(a)Interest income is primarily related to PSA interest. See Note 6.
(b)Investment gain is primarily related to El Dorado’s equity investment in SAI Advanced Power Solutions.
The following table provides detail of APS’s other income and other expense (dollars in thousands):
Three Months Ended March 31,
 20252024
Other income:
Interest income (a)$5,607 $6,796 
Miscellaneous115 59 
 Total other income$5,722 $6,855 
Other expense:
Non-operating costs$(1,992)$(2,255)
Miscellaneous(341)(639)
Total other expense$(2,333)$(2,894)
(a)Interest income is primarily related to PSA interest. See Note 6.