v3.26.1
ARIZONA PUBLIC SERVICE COMPANY - CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
APS
APS
Common Stock
APS
Additional Paid-In Capital
APS
Retained Earnings
APS
Accumulated Other Comprehensive Income (Loss)
APS
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2024   119,143,782         71,264,947        
Beginning balance at Dec. 31, 2024 $ 6,857,478 $ 3,121,617 $ 3,666,959 $ (30,942) $ 103,167 $ 8,376,332 $ 178,162 $ 4,116,696 $ 3,992,423 $ (14,116) $ 103,167
Increase (Decrease) in Shareholders' Equity                      
Equity infusion from Pinnacle West           300,000   300,000      
Net income 196,532   187,920   8,612 212,989     204,377   8,612
Other comprehensive income 501     501   270       270  
Dividends on common stock (213,731)   (213,731)     (213,600)     (213,600)    
Capital activities by noncontrolling interests (10,628)       (10,628) (10,628)         (10,628)
Other 1       1 3     2   1
Ending balance (in shares) at Jun. 30, 2025   119,472,939         71,264,947        
Ending balance at Jun. 30, 2025 6,827,940 $ 3,119,404 3,641,148 (30,441) 101,152 8,665,366 $ 178,162 4,416,696 3,983,202 (13,846) 101,152
Beginning balance (in shares) at Mar. 31, 2025   119,445,299         71,264,947        
Beginning balance at Mar. 31, 2025 6,845,982 $ 3,109,612 3,662,313 (30,094) 107,474 8,381,322 $ 178,162 4,116,696 3,992,700 (13,710) 107,474
Increase (Decrease) in Shareholders' Equity                      
Equity infusion from Pinnacle West           300,000   300,000      
Net income 196,870   192,564   4,306 208,404     204,098   4,306
Other comprehensive income (347)     (347)   (136)       (136)  
Dividends on common stock (213,731)   (213,731)     (213,600)     (213,600)    
Capital activities by noncontrolling interests (10,628)       (10,628) (10,628)         (10,628)
Other 2   2     4     4    
Ending balance (in shares) at Jun. 30, 2025   119,472,939         71,264,947        
Ending balance at Jun. 30, 2025 $ 6,827,940 $ 3,119,404 3,641,148 (30,441) 101,152 8,665,366 $ 178,162 4,416,696 3,983,202 (13,846) 101,152
Beginning balance (in shares) at Dec. 31, 2025 120,950,839 120,950,839         71,264,947        
Beginning balance at Dec. 31, 2025 $ 7,087,075 $ 3,231,372 3,850,817 (32,408) 40,617 8,922,255 $ 178,162 4,491,696 4,227,237 (15,457) 40,617
Increase (Decrease) in Shareholders' Equity                      
Equity infusion from Pinnacle West           100,000   100,000      
Net income 215,881   211,494   4,387 247,364     242,977   4,387
Other comprehensive income 1,374     1,374   1,270       1,270  
Dividends on common stock (220,565)   (220,565)     (220,900)     (220,900)    
Capital activities by noncontrolling interests (4,672)       (4,672) (4,672)         (4,672)
Other $ 4   3   1 4     3   1
Ending balance (in shares) at Jun. 30, 2026 121,238,487 121,238,487         71,264,947        
Ending balance at Jun. 30, 2026 $ 7,075,087 $ 3,227,362 3,841,749 (31,034) 40,333 9,045,321 $ 178,162 4,591,696 4,249,317 (14,187) 40,333
Beginning balance (in shares) at Mar. 31, 2026   121,233,629         71,264,947        
Beginning balance at Mar. 31, 2026 7,110,968 $ 3,219,691 3,883,738 (31,949) 42,811 8,976,612 $ 178,162 4,491,696 4,278,990 (15,047) 42,811
Increase (Decrease) in Shareholders' Equity                      
Equity infusion from Pinnacle West           100,000   100,000      
Net income 180,767   178,574   2,193 193,419     191,226   2,193
Other comprehensive income 915     915   860       860  
Dividends on common stock (220,565)   (220,565)     (220,900)     (220,900)    
Capital activities by noncontrolling interests (4,672)       (4,672) (4,672)         (4,672)
Other $ 3   2   1 2     1   1
Ending balance (in shares) at Jun. 30, 2026 121,238,487 121,238,487         71,264,947        
Ending balance at Jun. 30, 2026 $ 7,075,087 $ 3,227,362 $ 3,841,749 $ (31,034) $ 40,333 $ 9,045,321 $ 178,162 $ 4,591,696 $ 4,249,317 $ (14,187) $ 40,333