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Financing (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

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, 2020												December 31, 2019
						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					$	301					$	146,000					$	662
6.25% due January 2038						—						—						36,000						205
2.125% due June 2040, mandatory tender - June 1, 2022						37,000						135						37,000						224
5.20% due June 2040, mandatory tender - June 1, 2020						—						—						40,045						17
5.90% due June 2040						—						—						255,000						1,857
6.25% due June 2040						—						—						11,500						84
2.45% due September 2042, mandatory tender - June 1, 2022						20,000						50						20,000						85
2.40% due June 2043, mandatory tender - June 1, 2020						—						—						39,300						50
5.20% due June 2043, mandatory tender - June 1, 2020						—						—						21,000						10
Floating rate, weekly-mode						100,345						798						—						—
1.05% due January 2038, mandatory tender - June 1, 2022						36,000						226						—						—
1.20% due June 2040, mandatory tender - June 1, 2022						11,500						72						—						—
1.10% due June 2040, mandatory tender June 1, 2023						130,000						892						—						—
1.15% due June 2040, mandatory tender - June 1, 2024						125,000						894						—						—
Senior Unsecured Notes:
5.35% due October 2021						160,000						129						160,000						292
3.15% due May 2023						55,000						184						55,000						261
3.45% due May 2025						104,000						457						104,000						562
3.85% due August 2025						250,000						1,375						250,000						1,675
3.68% due May 2028						88,000						457						88,000						518
3.78% due August 2028						15,000						80						15,000						91
3.93% due May 2033						38,000						221						38,000						238
4.22% due May 2038						45,000						275						45,000						291
4.50% due May 2048						20,000						128						20,000						133
4.60% due August 2048						85,000						550						85,000						570
3.21% due April 2030						150,000						1,490						—						—
3.57% due April 2039						50,000						511						—						—
PNM 2019 $250.0 Million Term Loan due July 2020						—						—						250,000						—
PNM 2019 $40.0 Million Term Loan due June 2021						40,000						—						40,000						—
						1,705,845						9,225						1,755,845						7,825
Less current maturities						346,000						430						350,345						77
						1,359,845						8,795						1,405,500						7,748

						December 31, 2020												December 31, 2019
						Principal						Unamortized Discounts, (Premiums), and Issuance Costs, net						Principal						Unamortized Discounts, (Premiums), and Issuance Costs, net
						(In thousands)
TNMP Debt
First Mortgage Bonds:
6.95% due April 2043						93,198						(15,917)						93,198						(16,632)
4.03% due July 2024						80,000						369						80,000						475
3.53% due February 2026						60,000						420						60,000						502
3.22% due August 2027						60,000						380						60,000						437
3.85% due June 2028						60,000						469						60,000						531
3.79% due March 2034						75,000						497						75,000						535
3.92% due March 2039						75,000						514						75,000						542
4.06% due March 2044						75,000						524						75,000						546
3.60% due July 2029						80,000						511						80,000						571
2.73% due April 24, 2030						85,000						784						—						—
3.36% due April 24, 2050						25,000						243						—						—
2.93% due July 15, 2035						25,000						241						—						—
3.36% due July 15, 2050						50,000						490						—						—
						843,198						(10,475)						658,198						(12,493)
Less current maturities						—						—						—						—
						843,198						(10,475)						658,198						(12,493)
PNMR Debt
PNMR 3.25% 2018 SUNs due March 2021						300,000						137						300,000						917
PNMR Development Term Loan due January 2022						65,000						—						90,000						42
PNMR 2018 Two-Year Term Loan due December 2020						—						—						50,000						—
PNMR 2019 Term Loan due June 2021						150,000						6						150,000						35
PNMR 2020 Term Loan due January 2022						150,000						—						—						—
PNMR 2020 Delayed-Draw Term Loan due January 2022						80,000						—						—						—
						745,000						143						590,000						994
Less current maturities						230,000						52						140,000						—
						515,000						91						450,000						994
Total Consolidated PNMR Debt						3,294,043						(1,107)						3,004,043						(3,674)
Less current maturities						576,000						482						490,345						77
						$	2,718,043					$	(1,589)					$	2,513,698					$	(3,751)

Schedule of Short-term Debt

Short-term debt outstanding consists of:

						December 31,
Short-term Debt						2020						2019
						(In thousands)
PNM:
PNM Revolving Credit Facility						$	—					$	48,000
PNM 2017 New Mexico Credit Facility						10,000						10,000
						10,000						58,000
TNMP Revolving Credit Facility						—						15,000
PNMR:
PNMR Revolving Credit Facility						12,000						112,100
PNMR Development Revolving Credit Facility						10,000						—
						$	32,000					$	185,100

Schedule of Maturities of Long-term Debt

Reflecting mandatory tender dates, long-term debt maturities as of December 31, 2020 are follows:

			PNMR						PNM						TNMP						PNMR Consolidated
			(In thousands)
2021			$	230,000					$	346,000					$	—					$	576,000
2022			515,000						104,500						—						619,500
2023			—						285,345						—						285,345
2024			—						125,000						80,000						205,000
2025			—						354,000						—						354,000
Thereafter			—						491,000						763,198						1,254,198
Total			$	745,000					$	1,705,845					$	843,198					$	3,294,043

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