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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
AOCI reports a measure for accumulated changes in equity that result from transactions and other economic events other than transactions with shareholders. Information regarding AOCI is as follows:
 
Accumulated Other Comprehensive Income (Loss)
 
Unrealized Gain on Available-for-Sale Securities
 
Pension
Liability
Adjustment
 
Fair Value Adjustment for Cash Flow Hedges
 
Total
 
 
 
(In thousands)
 
 
  PNMR
 
 
 
 
 
 
 
Balance at December 31, 2011
$
15,634

 
$
(82,432
)
 
$
(58
)
 
$
(66,856
)
 Amounts reclassified from AOCI (pre-tax)
(37,269
)
 
4,611

 
182

 
(32,476
)
Income tax impact of amounts reclassified
14,755

 
(1,825
)
 
(65
)
 
12,865

 Other OCI changes (pre-tax)
38,548

 
(30,084
)
 
(428
)
 
8,036

Income tax impact of other OCI changes
(15,262
)
 
11,910

 
153

 
(3,199
)
Net change after income taxes
772

 
(15,388
)
 
(158
)
 
(14,774
)
Balance at December 31, 2012
16,406

 
(97,820
)
 
(216
)
 
(81,630
)
 Amounts reclassified from AOCI (pre-tax)
(11,956
)
 
6,364

 
207

 
(5,385
)
Income tax impact of amounts reclassified
4,734

 
(2,524
)
 
(73
)
 
2,137

 Other OCI changes (pre-tax)
27,419

 
17,136

 
(279
)
 
44,276

Income tax impact of other OCI changes
(10,855
)
 
(6,781
)
 
98

 
(17,538
)
Net change after income taxes
9,342

 
14,195

 
(47
)
 
23,490

Balance at December 31, 2013
25,748

 
(83,625
)
 
(263
)
 
(58,140
)
 Amounts reclassified from AOCI (pre-tax)
(13,862
)
 
5,152

 
558

 
(8,152
)
Income tax impact of amounts reclassified
5,461

 
(2,032
)
 
(195
)
 
3,234

 Other OCI changes (pre-tax)
17,473

 
(15,282
)
 
(153
)
 
2,038

Income tax impact of other OCI changes
(6,812
)
 
6,024

 
53

 
(735
)
Net change after income taxes
2,260

 
(6,138
)
 
263

 
(3,615
)
Balance at December 31, 2014
$
28,008

 
$
(89,763
)
 
$
—

 
$
(61,755
)
 
 
Accumulated Other Comprehensive Income (Loss)
 
Unrealized Gain on Available-for-Sale Securities
 
Pension
Liability
Adjustment
 
Fair Value Adjustment for Cash Flow Hedges
 
Total
 
 
 
(In thousands)
 
 
PNM
 
 
 
 
 
 
 
Balance at December 31, 2011
$
15,634

 
$
(82,432
)
 
$
—

 
$
(66,798
)
 Amounts reclassified from AOCI (pre-tax)
(37,269
)
 
4,611

 
—

 
(32,658
)
Income tax impact of amounts reclassified
14,755

 
(1,825
)
 
—

 
12,930

 Other OCI changes (pre-tax)
38,548

 
(30,084
)
 
—

 
8,464

Income tax impact of other OCI changes
(15,262
)
 
11,910

 
—

 
(3,352
)
Net change after income taxes
772

 
(15,388
)
 
—

 
(14,616
)
Balance at December 31, 2012
16,406

 
(97,820
)
 
—

 
(81,414
)
 Amounts reclassified from AOCI (pre-tax)
(11,956
)
 
6,364

 
—

 
(5,592
)
Income tax impact of amounts reclassified
4,734

 
(2,524
)
 
—

 
2,210

 Other OCI changes (pre-tax)
27,419

 
17,136

 
—

 
44,555

Income tax impact of other OCI changes
(10,855
)
 
(6,781
)
 
—

 
(17,636
)
Net change after income taxes
9,342

 
14,195

 
—

 
23,537

Balance at December 31, 2013
25,748

 
(83,625
)
 
—

 
(57,877
)
 Amounts reclassified from AOCI (pre-tax)
(13,862
)
 
5,152

 
—

 
(8,710
)
Income tax impact of amounts reclassified
5,461

 
(2,032
)
 
—

 
3,429

 Other OCI changes (pre-tax)
17,473

 
(15,282
)
 
—

 
2,191

Income tax impact of other OCI changes
(6,812
)
 
6,024

 
—

 
(788
)
Net change after income taxes
2,260

 
(6,138
)
 
—

 
(3,878
)
Balance at December 31, 2014
$
28,008

 
$
(89,763
)
 
$
—

 
$
(61,755
)
 
Accumulated Other Comprehensive Income (Loss)
 
Unrealized Gain on Available-for-Sale Securities
 
Pension
Liability
Adjustment
 
Fair Value Adjustment for Cash Flow Hedges
 
Total
 
 
 
(In thousands)
 
 
TNMP
 
 
 
 
 
 
 
Balance at December 31, 2011
$
—

 
$
—

 
$
(58
)
 
$
(58
)
 Amounts reclassified from AOCI (pre-tax)
—

 
—

 
182

 
182

Income tax impact of amounts reclassified
—

 
—

 
(65
)
 
(65
)
 Other OCI changes (pre-tax)
—

 
—

 
(428
)
 
(428
)
Income tax impact of other OCI changes
—

 
—

 
153

 
153

Net change after income taxes
—

 
—

 
(158
)
 
(158
)
Balance at December 31, 2012
—

 
—

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

 
—

 
207

 
207

Income tax impact of amounts reclassified
—

 
—

 
(73
)
 
(73
)
 Other OCI changes (pre-tax)
—

 
—

 
(279
)
 
(279
)
Income tax impact of other OCI changes
—

 
—

 
98

 
98

Net change after income taxes
—

 
—

 
(47
)
 
(47
)
Balance at December 31, 2013
—

 
—

 
(263
)
 
(263
)
 Amounts reclassified from AOCI (pre-tax)
—

 
—

 
558

 
558

Income tax impact of amounts reclassified
—

 
—

 
(195
)
 
(195
)
 Other OCI changes (pre-tax)
—

 
—

 
(153
)
 
(153
)
Income tax impact of other OCI changes
—

 
—

 
53

 
53

Net change after income taxes
—

 
—

 
263

 
263

Balance at December 31, 2014
$
—

 
$
—

 
$
—

 
$
—


Pre-tax amounts reclassified from AOCI related to Unrealized Gain on Available-for-Sale Securities are included in Gains on available-for-sale securities in the 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 Consolidated Statements of Earnings. For the years ended December 31, 2014 and 2013, approximately 24.4% and 18.7% of the amount reclassified were capitalized into construction work in process and approximately 2.0% and 3.0% were 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 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 Consolidated Statements of Earnings.