XML 42 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Sep. 30, 2013
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)

Information regarding accumulated other comprehensive income (loss) for the nine months ended September 30, 2013 is as follows:
 
Accumulated Other Comprehensive Income (Loss)
 
Unrealized
 
 
 
Fair Value
 
 
 
Gain on
 
Pension
 
Adjustment
 
 
 
Investment
 
Liability
 
for Cash Flow
 
 
 
Securities
 
Adjustment
 
Hedges
 
Total
 
(In thousands)
PNMR
 
 
 
 
 
 
 
Balance at December 31, 2012
$
16,406

 
$
(97,820
)
 
$
(216
)
 
$
(81,630
)
 Amounts reclassified from AOCI (pre-tax)
(9,190
)
 
4,773

 
153

 
(4,264
)
Income tax impact of amounts reclassified
3,639

 
(1,893
)
 
(54
)
 
1,692

 Other OCI changes (pre-tax)
19,056

 
—

 
(363
)
 
18,693

Income tax impact of other OCI changes
(7,544
)
 
—

 
127

 
(7,417
)
Net change after income taxes
5,961

 
2,880

 
(137
)
 
8,704

Balance at September 30, 2013
$
22,367

 
$
(94,940
)
 
$
(353
)
 
$
(72,926
)
PNM
 
 
 
 
 
 
 
Balance at December 31, 2012
$
16,406

 
$
(97,820
)
 
$
—

 
$
(81,414
)
 Amounts reclassified from AOCI (pre-tax)
(9,190
)
 
4,773

 
—

 
(4,417
)
Income tax impact of amounts reclassified
3,639

 
(1,893
)
 
—

 
1,746

 Other OCI changes (pre-tax)
19,056

 
—

 
—

 
19,056

Income tax impact of other OCI changes
(7,544
)
 
—

 
—

 
(7,544
)
Net change after income taxes
5,961

 
2,880

 
—

 
8,841

Balance at September 30, 2013
$
22,367

 
$
(94,940
)
 
$
—

 
$
(72,573
)
TNMP
 
 
 
 
 
 
 
Balance at December 31, 2012
$
—

 
$
—

 
$
(216
)
 
$
(216
)
 Amounts reclassified from AOCI (pre-tax)
—

 
—

 
153

 
153

Income tax impact of amounts reclassified
—

 
—

 
(54
)
 
(54
)
 Other OCI changes (pre-tax)
—

 
—

 
(363
)
 
(363
)
Income tax impact of other OCI changes
—

 
—

 
127

 
127

Net change after income taxes
—

 
—

 
(137
)
 
(137
)
Balance at September 30, 2013
$
—

 
$
—

 
$
(353
)
 
$
(353
)


Pre-tax amounts reclassified from AOCI related to "Unrealized Gain on Investment Securities" are included in "Gains on investments held by NDT" in the Condensed Consolidated Statements of Earnings. Pre-tax amounts reclassified from AOCI related to "Pension Liability Adjustment" are reclassified to "Operating Expenses - Administrative and general" in the Condensed Consolidated Statements of Earnings. Approximately 19.6% of the amount reclassified is then capitalized into construction work in process and approximately 1.1% is capitalized into other accounts. Pre-tax amounts reclassified from AOCI related to "Fair Value Adjustment for Cash Flow Hedges" are reclassified to "Interest Charges" in the Condensed Consolidated Statements of Earnings. An insignificant amount is then capitalized as AFUDC. The income tax impacts of all amounts reclassified from AOCI are included in "Income Taxes" in the Condensed Consolidated Statements of Earnings.