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v3.20.2

Financing (Tables) | 9 Months Ended
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Sep. 30, 2020
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | Information concerning the funding dates, maturities and interest rates on the TNMP 2020 Bonds issued in April and July 2020 are as follows:
Funding Date |  | Maturity Date |  | Principal Amount |  | Interest Rate
|  |  |  | (In millions) |  |
April 24, 2020 |  | April 24, 2030 |  | $ | 85.0 |  |  | 2.73 | %
April 24, 2020 |  | April 24, 2050 |  | 25.0 |  |  | 3.36 |
|  |  |  | 110.0 |  |  |
July 15, 2020 |  | July 15, 2035 |  | 25.0 |  |  | 2.93 |
July 15, 2020 |  | July 15, 2050 |  | 50.0 |  |  | 3.36 |
|  |  |  | $ | 185.0 |  |  |
Information concerning the funding dates, mandatory tender dates, and interest rates on the PNM 2020 Fixed Rate PCRBs are as follows:
Funding Date |  | Mandatory Tender Date |  | Principal Amount |  | Interest Rate
|  |  |  | (In millions) |  |
July 22, 2020 |  | June 1, 2022 |  | $ | 36.0 |  |  | 1.05 | %
July 22, 2020 |  | June 1, 2022 |  | 11.5 |  |  | 1.20 |
July 22, 2020 |  | June 1, 2023 |  | 130.0 |  |  | 1.10 |
July 22, 2020 |  | June 1, 2024 |  | 125.0 |  |  | 1.15 |
|  |  |  | $ | 302.5 |  |  |
Schedule of Short-term Debt | Short-term debt outstanding consists of:
|  | September 30, |  | December 31,
Short-term Debt |  | 2020 |  | 2019
|  | (In thousands)
PNM: |  |  |  |
PNM Revolving Credit Facility |  | $ | 1,700 |  |  | $ | 48,000 |
PNM 2017 New Mexico Credit Facility |  | 20,000 |  |  | 10,000 |
|  | 21,700 |  |  | 58,000 |
TNMP: |  |  |  |
TNMP Revolving Credit Facility |  | — |  |  | 15,000 |
TNMP Electricity Relief ERCOT loan (Note 12) |  | 494 |  |  | — |
|  | 494 |  |  | 15,000 |
PNMR Revolving Credit Facility |  | 162,100 |  |  | 112,100 |
|  | $ | 184,294 |  |  | $ | 185,100 |

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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