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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 43,149 $ 4,522
Accounts receivable, net of allowance for uncollectible accounts 107,428 87,012
Unbilled revenues 57,241 58,284
Other receivables 16,567 28,245
Current portion of Westmoreland Loan 12,272 38,360
Materials, supplies, and fuel stock 68,179 73,027
Regulatory assets 3,424 3,855
Commodity derivative instruments 3,093 5,224
Income taxes receivable 6,761 6,066
Other current assets 56,421 73,444
Total current assets 374,535 378,039
Other Property and Investments:    
Long-term portion of Westmoreland Loan 53,958 56,640
Available-for-sale securities 306,444 272,977
Other investments 386 547
Non-utility property 3,404 3,404
Total other property and investments 364,192 333,568
Utility Plant:    
Plant in service, held for future use, and to be abandoned 7,133,646 6,944,534
Less accumulated depreciation and amortization 2,431,695 2,334,938
Net plant in service and plant held for future use 4,701,951 4,609,596
Construction work in progress 301,466 208,206
Nuclear fuel, net of accumulated amortization 88,702 86,913
Net utility plant 5,092,119 4,904,715
Deferred Charges and Other Assets:    
Regulatory assets 489,416 501,223
Goodwill 278,297 278,297
Commodity derivative instruments 3,846 0
Other deferred charges 94,849 75,238
Total deferred charges and other assets 866,408 854,758
Total assets 6,697,254 6,471,080
Current Liabilities:    
Short-term debt 266,500 287,100
Current installments of long-term debt 165,312 273,348
Accounts payable 89,882 86,705
Customer deposits 10,951 11,374
Accrued interest and taxes 83,288 61,871
Regulatory liabilities 7,156 3,609
Commodity derivative instruments 1,279 2,339
Dividends declared 19,448 19,448
Transmission interconnection arrangement liabilities 12,167 522
Other current liabilities 67,069 59,314
Total current liabilities 710,885 805,108
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 2,282,390 2,119,364
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 1,015,967 940,650
Regulatory liabilities 456,740 455,649
Asset retirement obligations 133,841 127,519
Accrued pension liability and postretirement benefit cost 116,812 125,844
Commodity derivative instruments 3,846 0
Other deferred credits 132,098 140,545
Total deferred credits and other liabilities 1,859,304 1,790,207
Total liabilities 4,852,579 4,714,679
Commitments and Contingencies (See Note 11)
Cumulative Preferred Stock of Subsidiary without mandatory redemption requirements ($100 stated value; 10,000,000 shares authorized; issued and outstanding 115,293 shares) 11,529 11,529
Company common stockholders’ equity:    
Common stock 1,156,906 1,163,661
Accumulated other comprehensive income (loss), net of income taxes (82,501) (92,451)
Retained earnings 691,332 604,742
Total stockholders' equity 1,765,737 1,675,952
Non-controlling interest in Valencia 67,409 68,920
Total equity 1,833,146 1,744,872
Total liabilities and stockholders' equity 6,697,254 6,471,080
PNM    
Current Assets:    
Cash and cash equivalents 39,370 324
Accounts receivable, net of allowance for uncollectible accounts 79,668 65,003
Unbilled revenues 45,800 48,289
Other receivables 13,510 25,514
Affiliate receivables 8,944 8,886
Materials, supplies, and fuel stock 63,016 64,401
Regulatory assets 2,526 3,442
Commodity derivative instruments 3,093 5,224
Income taxes receivable 26,808 25,807
Other current assets 48,883 67,355
Total current assets 331,618 314,245
Other Property and Investments:    
Available-for-sale securities 306,444 272,977
Other investments 166 316
Non-utility property 96 96
Total other property and investments 306,706 273,389
Utility Plant:    
Plant in service, held for future use, and to be abandoned 5,463,764 5,359,211
Less accumulated depreciation and amortization 1,881,371 1,809,528
Net plant in service and plant held for future use 3,582,393 3,549,683
Construction work in progress 223,677 158,122
Nuclear fuel, net of accumulated amortization 88,702 86,913
Net utility plant 3,894,772 3,794,718
Deferred Charges and Other Assets:    
Regulatory assets 349,453 365,413
Goodwill 51,632 51,632
Commodity derivative instruments 3,846 0
Other deferred charges 85,789 68,149
Total deferred charges and other assets 490,720 485,194
Total assets 5,023,816 4,867,546
Current Liabilities:    
Short-term debt 0 61,000
Current installments of long-term debt 0 231,880
Accounts payable 65,088 55,566
Affiliate payables 9,738 23,183
Customer deposits 10,951 11,374
Accrued interest and taxes 52,041 34,819
Regulatory liabilities 7,138 3,517
Commodity derivative instruments 1,279 2,339
Dividends declared 132 132
Other current liabilities 32,532 33,029
Total current liabilities 191,066 457,361
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 1,657,396 1,399,489
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 810,995 748,666
Regulatory liabilities 423,477 423,701
Asset retirement obligations 132,878 126,601
Accrued pension liability and postretirement benefit cost 106,742 114,427
Commodity derivative instruments 3,846 0
Other deferred credits 106,762 118,980
Total deferred credits and other liabilities 1,584,700 1,532,375
Total liabilities 3,433,162 3,389,225
Commitments and Contingencies (See Note 11)
Cumulative Preferred Stock of Subsidiary without mandatory redemption requirements ($100 stated value; 10,000,000 shares authorized; issued and outstanding 115,293 shares) 11,529 11,529
Company common stockholders’ equity:    
Common stock 1,264,918 1,264,918
Accumulated other comprehensive income (loss), net of income taxes (82,605) (92,428)
Retained earnings 329,403 225,382
Total stockholders' equity 1,511,716 1,397,872
Non-controlling interest in Valencia 67,409 68,920
Total equity 1,579,125 1,466,792
Total liabilities and stockholders' equity 5,023,816 4,867,546
Texas-New Mexico Power Company    
Current Assets:    
Cash and cash equivalents 2,422 671
Accounts receivable, net of allowance for uncollectible accounts 27,760 22,009
Unbilled revenues 11,441 9,995
Other receivables 2,698 2,090
Materials, supplies, and fuel stock 5,163 8,626
Regulatory assets 898 413
Other current assets 1,609 1,031
Total current assets 51,991 44,835
Other Property and Investments:    
Other investments 220 231
Non-utility property 2,240 2,240
Total other property and investments 2,460 2,471
Utility Plant:    
Plant in service, held for future use, and to be abandoned 1,433,901 1,380,584
Less accumulated depreciation and amortization 449,476 429,397
Net plant in service and plant held for future use 984,425 951,187
Construction work in progress 53,545 16,978
Net utility plant 1,037,970 968,165
Deferred Charges and Other Assets:    
Regulatory assets 139,963 135,810
Goodwill 226,665 226,665
Other deferred charges 6,170 5,277
Total deferred charges and other assets 372,798 367,752
Total assets 1,465,219 1,383,223
Current Liabilities:    
Short-term debt – affiliate 0 4,600
Accounts payable 12,578 16,709
Affiliate payables 3,736 3,793
Accrued interest and taxes 59,131 45,581
Regulatory liabilities 18 92
Other current liabilities 3,210 2,134
Total current liabilities 78,673 72,909
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 480,589 420,875
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 254,525 245,785
Regulatory liabilities 33,263 31,948
Asset retirement obligations 789 754
Accrued pension liability and postretirement benefit cost 10,070 11,417
Other deferred credits 9,203 6,300
Total deferred credits and other liabilities 307,850 296,204
Total liabilities 867,112 789,988
Commitments and Contingencies (See Note 11)
Company common stockholders’ equity:    
Common stock 64 64
Paid-in-capital 454,166 454,166
Retained earnings 143,877 139,005
Total stockholders' equity 598,107 593,235
Total liabilities and stockholders' equity $ 1,465,219 $ 1,383,223