PINNACLE WEST CAPITAL CORPORATION (PNW) FY2026 Q2 Balance Sheet

PINNACLE WEST CAPITAL CORPORATION (PNW) FY2026 Q2 Balance Sheet

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

Assets

32,576,874,000 US dollars

Current assets

2,002,916,000 US dollars

Non-current assets

30,573,958,000 US dollars

Liabilities (calculated)

25,501,787,000 US dollars

Current liabilities

3,371,525,000 US dollars

Non-current liabilities

22,130,262,000 US dollars

Equity

7,075,087,000 US dollars

Noncontrolling interest

40,333,000 US dollars. Included in consolidated equity; this amount is not added again.

Plant in service and held for future use

27,914,887,000 US dollars. Part of Net, drawn as one net amount.

Accumulated depreciation and amortization

negative 9,303,903,000 US dollars. Part of Net, drawn as one net amount.

Customer and other receivables

775,549,000 US dollars

Materials and supplies (at average cost)

603,676,000 US dollars

Accrued unbilled revenues (Note 4)

283,012,000 US dollars

Other current assets

178,791,000 US dollars

Other regulatory assets (Note 7)

150,106,000 US dollars

Allowance for doubtful accounts (Note 4)

negative 22,405,000 US dollars

Fossil fuel (at average cost)

21,564,000 US dollars

Cash and cash equivalents

9,124,000 US dollars

Income tax receivable

3,494,000 US dollars

Assets from risk management activities (Note 10)

5,000 US dollars

Deferred fuel and purchased power regulatory asset (Note 7)

0 US dollars

Net

18,610,984,000 US dollars

Operating lease right-of-use assets (Note 17)

5,010,817,000 US dollars

Construction work in progress

2,196,736,000 US dollars

Nuclear decommissioning trusts (Notes 14 and 15)

1,467,958,000 US dollars

Regulatory assets (Note 7)

1,451,328,000 US dollars

Intangible assets, net of accumulated amortization

535,799,000 US dollars

Other special use funds (Notes 14 and 15)

431,869,000 US dollars

Assets for other postretirement benefits (Note 8)

399,461,000 US dollars

Other assets

168,703,000 US dollars

Other

135,406,000 US dollars

Nuclear fuel, net of accumulated amortization

133,649,000 US dollars

Palo Verde sale leaseback, net of accumulated depreciation (Note 9)

31,248,000 US dollars

Assets from risk management activities (Note 10)

0 US dollars

Short-term borrowings (Note 6)

818,600,000 US dollars

Current maturities of long-term debt (Note 6)

775,000,000 US dollars

Accounts payable

641,564,000 US dollars

Operating lease liabilities (Note 17)

193,207,000 US dollars

Accrued taxes

188,912,000 US dollars

Regulatory liabilities (Note 7)

133,206,000 US dollars

Other current liabilities

126,477,000 US dollars

Accrued interest

115,015,000 US dollars

Common dividends payable

110,284,000 US dollars

Customer deposits

79,063,000 US dollars

Liabilities from risk management activities (Note 10)

70,984,000 US dollars

Deferred fuel and purchased power regulatory liability (Note 7)

61,437,000 US dollars

Liabilities for asset retirements

57,776,000 US dollars

LONG-TERM DEBT LESS CURRENT MATURITIES (Note 6)

9,775,808,000 US dollars

Operating lease liabilities (Note 17)

4,942,680,000 US dollars

Deferred income taxes

2,520,548,000 US dollars

Regulatory liabilities (Note 7)

1,783,225,000 US dollars

Liabilities for asset retirements

1,242,259,000 US dollars

Customer advances

852,524,000 US dollars

Deferred investment tax credit

303,008,000 US dollars

Other

246,423,000 US dollars

Liabilities for pension benefits (Note 8)

181,187,000 US dollars

Coal mine reclamation

163,784,000 US dollars

Unrecognized tax benefits

108,673,000 US dollars

Liabilities from risk management activities (Note 10)

10,143,000 US dollars

Retained earnings

3,841,749,000 US dollars

Common stock, no par value; 300,000,000 shares authorized, 121,238,487 and 120,950,839 shares issued at respective dates

3,227,362,000 US dollars

Noncontrolling interests (Note 9)

40,333,000 US dollars

Accumulated other comprehensive loss (Note 16)

negative 31,034,000 US dollars

Treasury stock at cost; 46,968 and 46,968 shares at respective dates

negative 3,323,000 US dollars

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.