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Financing (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of Maturities of Long-term Debt

Information concerning the funding dates, maturities and interest rates on the TNMP 2019 Bonds to be issued in March 2019 and on or before July 1, 2019 is as follows:

Scheduled Funding Date		Maturity Date		Principal Amount				Interest Rate
				(In millions)
March 29, 2019		March 29, 2034		$	75.0			3.79	%
March 29, 2019		March 29, 2039		75.0				3.92	%
March 29, 2019		March 29, 2044		75.0				4.06	%
				225.0
July 1, 2019		July 1, 2029		80.0				3.60	%
				$	305.0

Reflecting mandatory tender dates, but excluding the impact of the refinancings under the PNM 2019 Term Loan and the TNMP 2019 Bond Purchase Agreement discussed above, long-term debt maturities as of December 31, 2018 are follows:

	PNMR				PNM				TNMP				PNMR Consolidated
	(In thousands)
2019	$	—			$	200,000			$	172,302			$	372,302
2020	140,000				100,345				35,000				275,345
2021	300,000				306,000				—				606,000
2022	—				57,000				—				57,000
2023	—				55,000				—				55,000
Thereafter	—				947,500				353,198				1,300,698
Total	$	440,000			$	1,665,845			$	560,500			$	2,666,345

Schedule of Short-term Debt

Short-term debt outstanding consists of:

		December 31,
Short-term Debt		2018				2017
		(In thousands)
PNM:
PNM Revolving Credit Facility		$	32,400			$	39,800
PNM 2017 New Mexico Credit Facility		10,000				—
		42,400				39,800
TNMP Revolving Credit Facility		17,500				—
PNMR:
PNMR Revolving Credit Facility		20,000				165,600
PNMR One-Year Term Loans(1)		150,000				100,000
PNMR Development Revolving Credit Facility		6,000				—
		$	235,900			$	305,400

Schedule of Long-term Debt Instruments

Information concerning long-term debt outstanding and unamortized (premiums), discounts, and debt issuance costs is as follows:

		December 31, 2018								December 31, 2017
		Principal				Unamortized Discounts, (Premiums), and Issuance Costs, net				Principal				Unamortized Discounts, (Premiums), and Issuance Costs, net
		(In thousands)
PNM Debt
Senior Unsecured Notes, Pollution Control Revenue Bonds:
1.875% due April 2033, mandatory tender - October 1, 2021		$	146,000			$	1,022			$	146,000			$	1,383
6.25% due January 2038		36,000				216				36,000				228
2.125% due June 2040, mandatory tender - June 1, 2022		37,000				314				37,000				404
5.20% due June 2040, mandatory tender - June 1, 2020		40,045				62				40,045				105
5.90% due June 2040		255,000				1,950				255,000				2,040
6.25% due June 2040		11,500				88				11,500				92
2.45% due September 2042, mandatory tender - June 1, 2022		20,000				119				20,000				153
2.40% due June 2043, mandatory tender - June 1, 2020		39,300				146				39,300				243
5.20% due June 2043, mandatory tender - June 1, 2020		21,000				31				21,000				53
Senior Unsecured Notes:
7.95% due May 2018		—				—				350,000				272
7.50% due August 2018		—				—				100,025				73
5.35% due October 2021		160,000				455				160,000				617
3.15% due May 2023		55,000				338				—				—
3.45% due May 2025		104,000				666				—				—
3.85% due August 2025		250,000				1,974				250,000				2,274
3.68% due May 2028		88,000				581				—				—
3.78% due August 2028		15,000				101				—				—
3.93% due May 2033		38,000				256				—				—
4.22% due May 2038		45,000				307				—				—
4.50% due May 2048		20,000				138				—				—
4.60% due August 2048		85,000				590				—				—
PNM 2017 Term Loan due January 2019		200,000				1				200,000				23
		1,665,845				9,355				1,665,870				7,960
Less current maturities		—				—				25				2
		1,665,845				9,355				1,665,845				7,958

		December 31, 2018								December 31, 2017
		Principal				Unamortized Discounts, (Premiums), and Issuance Costs, net				Principal				Unamortized Discounts, (Premiums), and Issuance Costs, net
		(In thousands)
TNMP Debt
First Mortgage Bonds:
9.50% due April 2019		172,302				206				172,302				1,032
6.95% due April 2043		93,198				(17,347		)		93,198				(18,057		)
4.03% due July 2024		80,000				580				80,000				686
3.53% due February 2026		60,000				585				60,000				667
3.22% due August 2027		60,000				494				60,000				552
3.85% due June 2028		60,000				584				—				—
TNMP 2018 Term Loan due July 2020		35,000				—				—				—
		560,500				(14,898		)		465,500				(15,120		)
Less current maturities		—				—				—				—
		560,500				(14,898		)		465,500				(15,120		)
PNMR Debt
PNMR 2015 Term Loan due March 2018		—				—				150,000				12
BTMU Term Loan		—				—				50,137				1,001
PNMR 2016 Two-Year Term Loan due December 2018		—				—				100,000				9
PNMR 3.25% 2018 SUNs due March 2021		300,000				1,690				—				—
PNMR Development Term Loan due November 2020		90,000				88				—				—
PNMR 2018 Two-Year Term Loan due December 2020		50,000				—				—				—
		440,000				1,778				300,137				1,022
Less current maturities		—				—				257,268				396
		440,000				1,778				42,869				626
Total Consolidated PNMR Debt		2,666,345				(3,765		)		2,431,507				(6,138		)
Less current maturities		—				—				257,293				398
		$	2,666,345			$	(3,765	)		$	2,174,214			$	(6,536	)

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