XML 29 R7.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - PNMR - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 4,078 $ 1,104
Accounts receivable, net of allowance for credit losses of $4,925 and $7,265 183,669 123,292
Unbilled revenues 63,473 57,736
Other receivables 20,320 18,784
Materials, supplies, and fuel stock 66,733 65,061
Regulatory assets 20,265 14,785
Prepaid assets 18,465 37,325
Income taxes receivable 2,351 4,878
Other current assets 31,624 1,635
Total current assets 410,978 324,600
Other Property and Investments:    
Investment securities 417,476 463,126
Equity investment in NMRD 90,620 89,158
Other investments 177 265
Non-utility property, including financing leases 26,841 25,439
Total other property and investments 535,114 577,988
Utility Plant:    
Plant in service, held for future use, and to be abandoned 9,164,564 9,357,849
Less accumulated depreciation and amortization 2,659,952 2,952,743
Net plant in service and plant held for future use 6,504,612 6,405,106
Construction work in progress 372,988 248,856
Nuclear fuel, net of accumulated amortization of $43,985 and $41,181 95,223 98,937
Net utility plant 6,972,823 6,752,899
Deferred Charges and Other Assets:    
Regulatory assets 846,686 514,258
Goodwill 278,297 278,297
Operating lease assets, net of amortization 55,982 79,511
Other deferred charges 157,497 139,332
Total deferred charges and other assets 1,338,462 1,011,398
Total assets 9,257,377 8,666,885
Current Liabilities:    
Short-term debt 232,000 62,700
Current installments of long-term debt 184,793 179,339
Accounts payable 215,708 172,595
Customer deposits 6,117 5,095
Accrued interest and taxes 76,783 70,105
Regulatory liabilities 17,002 8,316
Operating lease liabilities 18,781 27,218
Dividends declared 31,676 132
Transmission interconnection arrangement liabilities 20,473 39,564
Other current liabilities 87,037 99,149
Total current liabilities 890,370 664,213
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 3,892,594 3,519,580
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 822,831 764,850
Regulatory liabilities 755,202 841,393
Asset retirement obligations 223,377 234,146
Accrued pension liability and postretirement benefit cost 32,799 19,057
Operating lease liabilities 41,336 55,993
Other deferred credits 342,413 333,195
Total deferred credits and other liabilities 2,217,958 2,248,634
Total liabilities 7,000,922 6,432,427
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 11,529
Company common stockholders’ equity:    
Common stock (no par value; 120,000,000 shares authorized; issued and outstanding 85,834,874 shares) 1,429,102 1,429,257
Accumulated other comprehensive income (loss), net of income taxes (66,048) (71,936)
Retained earnings 828,878 810,203
Total PNMR common stockholders’ equity 2,191,932 2,167,524
Non-controlling interest in Valencia 52,994 55,405
Total equity 2,244,926 2,222,929
Total liabilities and stockholders' equity $ 9,257,377 $ 8,666,885