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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 3,833,000 $ 2,122,000
Accounts receivable, net of allowance for uncollectible accounts of $1,163 and $1,406 85,889,000 92,800,000
Unbilled revenues 57,416,000 57,092,000
Other receivables 12,165,000 11,369,000
Materials, supplies, and fuel stock 77,929,000 71,834,000
Regulatory assets 7,373,000 4,534,000
Income taxes receivable 4,933,000 7,965,000
Other current assets 44,472,000 54,808,000
Total current assets 294,010,000 302,524,000
Other Property and Investments:    
Investment securities 388,832,000 328,242,000
Equity investment in NMRD 65,159,000 26,564,000
Other investments 356,000 297,000
Non-utility property 12,459,000 3,404,000
Total other property and investments 466,806,000 358,507,000
Utility Plant:    
Plant in service, held for future use, and to be abandoned 7,918,601,000 7,548,581,000
Less accumulated depreciation and amortization 2,713,503,000 2,604,177,000
Net plant in service and plant held for future use 5,205,098,000 4,944,404,000
Construction work in progress 161,106,000 194,427,000
Nuclear fuel, net of accumulated amortization of $42,354 and $42,511 99,805,000 95,798,000
Net utility plant 5,466,009,000 5,234,629,000
Deferred Charges and Other Assets:    
Regulatory assets 556,930,000 598,930,000
Goodwill 278,297,000 278,297,000
Operating lease assets, net of amortization 131,212,000  
Other deferred charges 105,510,000 92,664,000
Total deferred charges and other assets 1,071,949,000 969,891,000
Total assets 7,298,774,000 6,865,551,000
Current Liabilities:    
Short-term debt 185,100,000 235,900,000
Current installments of long-term debt 490,268,000 0
Accounts payable 103,118,000 112,170,000
Customer deposits 10,585,000 10,695,000
Accrued interest and taxes 76,815,000 65,156,000
Regulatory liabilities 505,000 9,446,000
Operating lease liabilities 29,068,000  
Dividends declared 24,625,000 23,231,000
Other current liabilities 47,397,000 55,855,000
Total current liabilities 967,481,000 512,453,000
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 2,517,449,000 2,670,111,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 626,058,000 600,719,000
Regulatory liabilities 866,243,000 891,428,000
Asset retirement obligations 181,962,000 158,674,000
Accrued pension liability and postretirement benefit cost 95,037,000 100,375,000
Operating lease liabilities 105,512,000  
Other deferred credits 185,753,000 167,668,000
Total deferred credits and other liabilities 2,060,565,000 1,918,864,000
Total liabilities 5,545,495,000 5,101,428,000
Commitments and Contingencies (See Note 16)
Cumulative Preferred Stock of Subsidiary without mandatory redemption requirements ($100 stated value; 10,000,000 shares authorized; issued and outstanding 115,293 shares) 11,529,000 11,529,000
Company common stockholders’ equity:    
Common stock outstanding 1,150,552,000 1,153,113,000
Accumulated other comprehensive income (loss), net of income taxes (99,377,000) (108,684,000)
Retained earnings 627,523,000 643,953,000
Total PNMR common stockholders’ equity 1,678,698,000 1,688,382,000
Non-controlling interest in Valencia 63,052,000 64,212,000
Total equity 1,741,750,000 1,752,594,000
Total liabilities and stockholders' equity 7,298,774,000 6,865,551,000
Public Service Company of New Mexico    
Current Assets:    
Cash and cash equivalents 1,001,000 85,000
Accounts receivable, net of allowance for uncollectible accounts of $1,163 and $1,406 60,447,000 68,603,000
Unbilled revenues 46,602,000 47,113,000
Other receivables 11,039,000 10,650,000
Affiliate receivables 8,825,000 15,871,000
Materials, supplies, and fuel stock 72,225,000 67,097,000
Regulatory assets 7,373,000 4,534,000
Income taxes receivable 15,122,000 12,850,000
Other current assets 36,561,000 43,516,000
Total current assets 259,195,000 270,319,000
Other Property and Investments:    
Investment securities 388,832,000 328,242,000
Other investments 178,000 91,000
Non-utility property 4,470,000 96,000
Total other property and investments 393,480,000 328,429,000
Utility Plant:    
Plant in service, held for future use, and to be abandoned 5,753,267,000 5,623,520,000
Less accumulated depreciation and amortization 2,076,291,000 2,006,266,000
Net plant in service and plant held for future use 3,676,976,000 3,617,254,000
Construction work in progress 108,787,000 134,221,000
Nuclear fuel, net of accumulated amortization of $42,354 and $42,511 99,805,000 95,798,000
Net utility plant 3,885,568,000 3,847,273,000
Deferred Charges and Other Assets:    
Regulatory assets 435,467,000 460,903,000
Goodwill 51,632,000 51,632,000
Operating lease assets, net of amortization 120,585,000  
Other deferred charges 97,064,000 77,327,000
Total deferred charges and other assets 704,748,000 589,862,000
Total assets 5,242,991,000 5,035,883,000
Current Liabilities:    
Short-term debt 58,000,000 42,400,000
Short-term debt - affiliate 0 19,800,000
Current installments of long-term debt 350,268,000 0
Accounts payable 66,746,000 75,114,000
Affiliate payables 12,524,000 164,000
Customer deposits 10,585,000 10,695,000
Accrued interest and taxes 43,617,000 35,767,000
Regulatory liabilities 371,000 5,975,000
Operating lease liabilities 25,927,000  
Dividends declared 132,000 132,000
Other current liabilities 25,066,000 32,976,000
Total current liabilities 593,236,000 223,023,000
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 1,397,752,000 1,656,490,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 521,990,000 502,767,000
Regulatory liabilities 683,398,000 713,971,000
Asset retirement obligations 181,081,000 157,814,000
Accrued pension liability and postretirement benefit cost 87,838,000 92,981,000
Operating lease liabilities 97,992,000  
Other deferred credits 155,744,000 215,737,000
Total deferred credits and other liabilities 1,728,043,000 1,683,270,000
Total liabilities 3,719,031,000 3,562,783,000
Commitments and Contingencies (See Note 16)
Cumulative Preferred Stock of Subsidiary without mandatory redemption requirements ($100 stated value; 10,000,000 shares authorized; issued and outstanding 115,293 shares) 11,529,000 11,529,000
Company common stockholders’ equity:    
Common stock outstanding 1,264,918,000 1,264,918,000
Accumulated other comprehensive income (loss), net of income taxes (99,055,000) (110,422,000)
Retained earnings 283,516,000 242,863,000
Total PNMR common stockholders’ equity 1,449,379,000 1,397,359,000
Non-controlling interest in Valencia 63,052,000 64,212,000
Total equity 1,512,431,000 1,461,571,000
Total liabilities and stockholders' equity 5,242,991,000 5,035,883,000
Texas-New Mexico Power Company    
Current Assets:    
Cash and cash equivalents 1,000,000 0
Accounts receivable, net of allowance for uncollectible accounts of $1,163 and $1,406 25,442,000 24,196,000
Unbilled revenues 10,814,000 9,979,000
Other receivables 2,713,000 1,721,000
Affiliate receivables 0 164,000
Materials, supplies, and fuel stock 5,704,000 4,737,000
Regulatory assets 0 0
Other current assets 1,280,000 1,114,000
Total current assets 46,953,000 41,911,000
Other Property and Investments:    
Other investments 178,000 206,000
Non-utility property 6,684,000 2,240,000
Total other property and investments 6,862,000 2,446,000
Utility Plant:    
Plant in service, held for future use, and to be abandoned 1,919,256,000 1,686,119,000
Less accumulated depreciation and amortization 516,795,000 487,734,000
Net plant in service and plant held for future use 1,402,461,000 1,198,385,000
Construction work in progress 42,554,000 51,459,000
Net utility plant 1,445,015,000 1,249,844,000
Deferred Charges and Other Assets:    
Regulatory assets 121,463,000 138,027,000
Goodwill 226,665,000 226,665,000
Operating lease assets, net of amortization 9,954,000  
Other deferred charges 3,527,000 6,284,000
Total deferred charges and other assets 361,609,000 370,976,000
Total assets 1,860,439,000 1,665,177,000
Current Liabilities:    
Short-term debt 15,000,000 17,500,000
Short-term debt - affiliate 0 100,000
Accounts payable 20,598,000 23,804,000
Affiliate payables 5,419,000 1,210,000
Accrued interest and taxes 42,068,000 41,882,000
Regulatory liabilities 134,000 3,471,000
Operating lease liabilities 2,753,000  
Other current liabilities 3,565,000 2,861,000
Total current liabilities 89,537,000 90,828,000
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 670,691,000 575,398,000
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 140,151,000 136,238,000
Regulatory liabilities 182,845,000 177,458,000
Asset retirement obligations 881,000 860,000
Accrued pension liability and postretirement benefit cost 7,199,000 7,394,000
Operating lease liabilities 7,039,000  
Other deferred credits 7,469,000 2,908,000
Total deferred credits and other liabilities 345,584,000 324,858,000
Total liabilities 1,105,812,000 991,084,000
Commitments and Contingencies (See Note 16)
Company common stockholders’ equity:    
Common stock outstanding 64,000 64,000
Paid-in-capital 614,166,000 534,166,000
Retained earnings 140,397,000 139,863,000
Total PNMR common stockholders’ equity 754,627,000 674,093,000
Total liabilities and stockholders' equity $ 1,860,439,000 $ 1,665,177,000