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Condensed Consolidated Balance Sheets - TNMP - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 3,484 $ 1,104
Accounts receivable 150,960 123,292
Unbilled revenues 64,520 57,736
Other receivables 20,524 18,784
Materials, supplies, and fuel stock 75,414 65,061
Regulatory assets 24,307 14,785
Other current assets 1,304 1,635
Total current assets 370,289 324,600
Other Property and Investments:    
Other investments 139 265
Non-utility property, net 26,066 25,439
Total other property and investments 502,721 577,988
Utility Plant:    
Plant in service, held for future use, and to be abandoned 9,421,123 9,357,849
Less accumulated depreciation and amortization 2,975,176 2,952,743
Net plant in service and plant held for future use 6,445,947 6,405,106
Construction work in progress 390,733 248,856
Net utility plant 6,937,130 6,752,899
Deferred Charges and Other Assets:    
Regulatory assets 599,052 514,258
Goodwill 278,297 278,297
Operating lease right-of-use assets, net of accumulated amortization 67,623 79,511
Other deferred charges 155,993 139,332
Total deferred charges and other assets 1,100,965 1,011,398
Assets 8,911,105 8,666,885
Current Liabilities:    
Short-term debt 266,300 62,700
Accounts payable 129,923 172,595
Accrued interest and taxes 67,570 70,105
Operating lease liabilities 26,612 27,218
Other current liabilities 104,738 99,149
Total current liabilities 894,484 664,213
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 3,573,087 3,519,580
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 780,518 764,850
Regulatory liabilities 828,515 841,393
Asset retirement obligations 239,640 234,146
Accrued pension liability and postretirement benefit cost 12,597 19,057
Operating lease liabilities 41,464 55,993
Other deferred credits 343,584 333,195
Total deferred credits and liabilities 2,246,318 2,248,634
Total liabilities 6,713,889 6,432,427
Commitments and Contingencies (Note 11)
PNM common stockholder’s equity:    
Common stock ($10 par value; 12,000,000 shares authorized; issued and outstanding 6,358 shares) 1,426,448 1,429,257
Retained earnings 781,899 810,203
Total PNM common stockholder’s equity 2,131,522 2,167,524
Total liabilities and stockholders' equity 8,911,105 8,666,885
Texas-New Mexico Power Company    
Current Assets:    
Cash and cash equivalents 33 0
Accounts receivable 37,304 25,141
Unbilled revenues 17,048 12,977
Other receivables 4,807 4,108
Materials, supplies, and fuel stock 8,397 7,119
Regulatory assets 5,188 6,064
Other current assets 3,754 1,989
Total current assets 76,531 57,398
Other Property and Investments:    
Other investments 136 136
Non-utility property, net 13,538 13,499
Total other property and investments 13,674 13,635
Utility Plant:    
Plant in service, held for future use, and to be abandoned 2,590,534 2,475,859
Less accumulated depreciation and amortization 577,424 563,004
Net plant in service and plant held for future use 2,013,110 1,912,855
Construction work in progress 155,580 53,401
Net utility plant 2,168,690 1,966,256
Deferred Charges and Other Assets:    
Regulatory assets 83,234 85,277
Goodwill 226,665 226,665
Operating lease right-of-use assets, net of accumulated amortization 4,324 5,264
Other deferred charges 10,484 10,277
Total deferred charges and other assets 324,707 327,483
Assets 2,583,602 2,364,772
Current Liabilities:    
Short-term debt 100,000 400
Short-term debt - affiliate 11,300 0
Accounts payable 23,881 43,089
Affiliate payables 8,858 6,568
Accrued interest and taxes 39,152 40,005
Operating lease liabilities 1,849 1,882
Other current liabilities 10,669 4,968
Total current liabilities 195,709 96,912
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 983,001 918,050
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 162,979 157,248
Regulatory liabilities 199,049 187,563
Asset retirement obligations 795 763
Accrued pension liability and postretirement benefit cost 309 339
Operating lease liabilities 2,270 3,155
Other deferred credits 56,822 59,185
Total deferred credits and liabilities 422,224 408,253
Total liabilities 1,600,934 1,423,215
Commitments and Contingencies (Note 11)
PNM common stockholder’s equity:    
Common stock ($10 par value; 12,000,000 shares authorized; issued and outstanding 6,358 shares) 64 64
Paid-in-capital 737,166 737,166
Retained earnings 245,438 204,327
Total PNM common stockholder’s equity 982,668 941,557
Total liabilities and stockholders' equity $ 2,583,602 $ 2,364,772