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Other Income and Other Expense (Tables) | 12 Months Ended
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Dec. 31, 2022
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 for 2022, 2021 and 2020 (dollars in thousands):
| 2022 |  | 2021 |  | 2020 |
Other income: |  |  |  |  |  |
Interest income | $ | 7,326 |  |  | $ | 6,726 |  |  | $ | 12,210 |  |
Investment gains (losses) — net | — |  |  | — |  |  | 2,358 |  |
Debt return on Four Corners SCR deferral (Note 3) | — |  |  | 14,955 |  |  | 15,865 |  |
Debt return on Ocotillo modernization project (Note 3) | — |  |  | 23,366 |  |  | 26,121 |  |
Miscellaneous | 590 |  |  | 53 |  |  | 149 |  |
Total other income | $ | 7,916 |  |  | $ | 45,100 |  |  | $ | 56,703 |  |
Other expense: |  |  |  |  |  |
Non-operating costs | $ | (18,619) |  |  | $ | (13,008) |  |  | $ | (12,400) |  |
Investment gains (losses) — net | (20,537) |  | (b) | (1,367) |  |  | — |  |
Miscellaneous | (13,229) |  | (a) | (11,021) |  |  | (45,376) |  | (a)
Total other expense | $ | (52,385) |  |  | $ | (25,396) |  |  | $ | (57,776) |  |
(a)The 2022 miscellaneous amount includes donations of $7 million to the APS Foundation. The 2020 miscellaneous amount includes donations of approximately $10 million to the APS Foundation and approximately $25.2 million related to the CCT plan. See Note 3. (b)The 2022 investment loss is primarily related to an impairment write-off of BCE’s Clear Creek wind farm investment. See Note 10. The following table provides detail of APS’s other income and other expense for 2022, 2021 and 2020 (dollars in thousands):
| 2022 |  | 2021 |  | 2020 |
Other income: |  |  |  |  |  |
Interest income | $ | 5,332 |  |  | $ | 4,692 |  |  | $ | 9,621 |  |
Debt return on Four Corners SCR deferral (Note 3) | — |  |  | 14,955 |  |  | 15,865 |  |
Debt return on Ocotillo modernization project (Note 3) | — |  |  | 23,366 |  |  | 26,121 |  |
Miscellaneous | 556 |  |  | 40 |  |  | 148 |  |
Total other income | $ | 5,888 |  |  | $ | 43,053 |  |  | $ | 51,755 |  |
Other expense: |  |  |  |  |  |
Non-operating costs | $ | (15,579) |  |  | $ | (10,080) |  |  | $ | (10,659) |  |
Miscellaneous | (10,529) |  | (a) | (8,817) |  |  | (43,035) |  | (a)
Total other expense | $ | (26,108) |  |  | $ | (18,897) |  |  | $ | (53,694) |  |
(a)The 2022 miscellaneous amount includes donations of $7 million to the APS Foundation. The 2020 miscellaneous amount includes donations of approximately $10 million to the APS Foundation and approximately $25.2 million related to the CCT plan. See Note 3.

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- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
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