Balance Sheet

Assets

+32%

+50%

10Y

Currency: USD

	Dec-2002	Dec-2003	Dec-2004	Dec-2005	Dec-2006	Dec-2007	Dec-2008	Dec-2009	Dec-2010	Dec-2011	Dec-2012	Dec-2013	Dec-2014	Dec-2015	Dec-2016	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023	Dec-2024	Dec-2025
Assets
Cash & Cash Equivalents	78	131	163	154	87	56	105	145	110	34	26	10	8	39	9	14	6	10	60	10	5	5	4	7
Cash Equivalents	78	131	163	154	87	56	105	145	110	34	26	10	8	39	9	14	6	10	60	10	5	5	4	7
Short-Term Investments	0	92	181	0	33	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Receivables	353	345	363	498	496	344	289	322	319	287	276	432	298	272	251	303	264	280	301	374	444	492	501	560
Accounts Receivables	353	345	363	498	496	344	289	296	316	280	274	297	295	272	247	303	264	258	294	367	429	491	501	554
Other Receivables	0	0	0	0	0	0	0	26	3	7	2	135	3	0	4	0	0	22	7	8	14	0	0	6
Inventory	120	124	122	133	190	276	254	215	203	226	249	260	256	280	283	289	294	346	334	367	451	494	501	565
Other Current Assets	310	282	308	1 106	669	230	234	246	393	410	454	342	412	299	280	410	361	394	503	800	852	937	683	572
Total Current Assets	860	975	1 137	1 891	1 475	907	882	929	1 025	956	1 006	1 044	973	891	822	1 016	925	1 030	1 198	1 551	1 751	1 927	1 689	1 704
PP&E Net	6 970	7 366	7 430	7 486	7 786	8 331	8 785	9 240	9 394	9 792	10 235	10 731	11 075	11 685	12 624	13 188	13 767	14 378	15 381	16 604	17 397	19 023	20 212	23 794
Intangible Assets	110	109	105	91	96	106	132	164	185	171	162	158	120	124	90	257	263	291	283	274	259	267	591	576
Long-Term Investments	384	358	382	391	526	533	415	120	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long-Term Assets	815	711	842	1 463	1 573	1 286	1 406	1 533	1 790	2 192	1 977	1 576	2 121	2 329	2 468	2 558	2 710	2 781	3 158	3 575	3 317	3 444	3 610	3 958
Total Assets	9 139 N/A	9 519 +4%	9 897 +4%	11 323 +14%	11 456 +1%	11 162 -3%	11 620 +4%	11 986 +3%	12 393 +3%	13 111 +6%	13 380 +2%	13 509 +1%	14 289 +6%	15 028 +5%	16 004 +6%	17 019 +6%	17 664 +4%	18 479 +5%	20 020 +8%	22 003 +10%	22 723 +3%	24 661 +9%	26 103 +6%	30 032 +15%
Liabilities
Accounts Payable	332	283	374	377	346	323	261	241	236	327	221	285	295	297	265	256	277	346	319	393	430	442	485	680
Accrued Liabilities	53	52	39	32	49	40	41	55	55	55	49	48	53	56	53	56	61	66	132	158	166	141	182	294
Short-Term Debt	228	86	71	16	36	341	670	154	17	0	92	153	147	0	177	95	76	115	169	292	341	610	568	757
Current Portion of Long-Term Debt	281	705	617	385	2	164	178	303	632	477	123	540	384	358	125	82	500	800	0	150	51	875	800	600
Other Current Liabilities	339	307	525	1 463	1 026	477	356	357	510	483	598	592	680	731	673	708	734	751	741	764	774	822	808	830
Total Current Liabilities	1 233	1 433	1 626	2 272	1 459	1 344	1 506	1 109	1 450	1 343	1 084	1 619	1 559	1 442	1 293	1 198	1 649	2 078	1 360	1 757	1 762	2 889	2 844	3 161
Long-Term Debt	2 744	2 617	2 585	2 608	3 233	3 127	3 032	3 497	3 046	3 019	3 199	2 796	3 007	3 462	4 022	4 790	4 638	4 833	6 314	6 914	7 741	7 541	8 059	9 206
Deferred Income Tax	1 209	1 339	1 228	1 225	1 226	1 244	1 403	1 496	1 864	1 925	2 251	2 504	2 761	2 911	3 155	1 896	2 008	2 189	2 327	2 498	2 565	2 674	2 694	2 779
Minority Interest	0	0	0	0	0	0	47	112	92	109	129	146	152	136	132	129	126	123	119	115	111	107	103	41
Other Liabilities	1 267	1 302	1 508	1 792	2 093	1 915	2 186	2 457	2 258	2 893	2 744	2 249	2 443	2 494	2 598	3 999	4 020	3 826	4 266	4 813	4 495	5 272	5 649	7 799
Total Liabilities	6 453 N/A	6 689 +4%	6 947 +4%	7 898 +14%	8 010 +1%	7 631 -5%	8 174 +7%	8 670 +6%	8 710 +0%	9 289 +7%	9 407 +1%	9 314 -1%	9 921 +7%	10 444 +5%	11 201 +7%	12 012 +7%	12 441 +4%	13 049 +5%	14 387 +10%	16 097 +12%	16 675 +4%	18 483 +11%	19 348 +5%	22 985 +19%
Equity
Common Stock	1 737	1 744	1 769	2 067	2 115	2 136	2 151	2 153	2 421	2 444	2 467	2 492	2 513	2 542	2 596	2 615	2 634	2 660	2 677	2 703	2 725	2 753	3 122	3 231
Retained Earnings	1 045	1 128	1 204	1 194	1 320	1 414	1 444	1 298	1 424	1 534	1 624	1 785	1 926	2 093	2 256	2 443	2 641	2 838	3 025	3 265	3 360	3 466	3 667	3 851
Treasury Stock	4	3	0	1	0	2	3	4	2	5	4	4	3	6	4	6	5	9	6	6	5	8	3	3
Other Equity	91	39	23	165	12	16	147	132	160	152	114	78	68	45	44	45	48	57	63	55	31	33	31	32
Total Equity	2 686 N/A	2 830 +5%	2 950 +4%	3 425 +16%	3 446 +1%	3 532 +2%	3 446 -2%	3 316 -4%	3 683 +11%	3 822 +4%	3 973 +4%	4 194 +6%	4 367 +4%	4 584 +5%	4 804 +5%	5 007 +4%	5 223 +4%	5 431 +4%	5 634 +4%	5 906 +5%	6 049 +2%	6 178 +2%	6 754 +9%	7 046 +4%
Total Liabilities & Equity	9 139 N/A	9 519 +4%	9 897 +4%	11 323 +14%	11 456 +1%	11 162 -3%	11 620 +4%	11 986 +3%	12 393 +3%	13 111 +6%	13 380 +2%	13 509 +1%	14 289 +6%	15 028 +5%	16 004 +6%	17 019 +6%	17 664 +4%	18 479 +5%	20 020 +8%	22 003 +10%	22 723 +3%	24 661 +9%	26 103 +6%	30 032 +15%
Shares Outstanding
Common Shares Outstanding	91	91	92	99	100	100	101	101	109	109	110	110	111	111	111	112	112	112	113	113	113	113	119	121

Income Statement Balance Sheet Cash Flow Statement

Pinnacle West Capital Corp
NYSE:PNW

Balance Sheet

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Pinnacle West Capital Corp

Balance Sheet
Pinnacle West Capital Corp

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Pinnacle West Capital Corp NYSE:PNW

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Balance Sheet Decomposition Pinnacle West Capital Corp

Balance Sheet Pinnacle West Capital Corp

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Pinnacle West Capital Corp
NYSE:PNW

Balance Sheet Decomposition
Pinnacle West Capital Corp

Balance Sheet
Pinnacle West Capital Corp