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Condensed Consolidated Statements of Cash Flows - PNMR - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Net Cash Provided by (Used in) Operating Activities [Abstract]    
Net Earnings $ 60,273 $ 19,218
Adjustments to reconcile net earnings to net cash flows from operating activities:    
Depreciation and amortization 87,128 84,672
Deferred income tax expense 9,576 2,009
(Gains) losses on investment securities (6,442) 26,486
Stock based compensation expense 3,490 3,052
Allowance for equity funds used during construction (1,964) (2,668)
Other, net 810 708
Changes in certain assets and liabilities:    
Accounts receivable and unbilled revenues 64,919 21,169
Materials, supplies, and fuel stock 2,443 (5,183)
Other current assets (1,305) 13,079
Other assets (2,074) (12,215)
Accounts payable (56,306) (15,905)
Accrued interest and taxes (4,514) 909
Other current liabilities (16,844) (6,458)
Other liabilities (7,689) (12,263)
Net cash flows from operating activities 131,501 116,610
Cash Flows From Investing Activities:    
Utility plant additions (264,368) (209,884)
Proceeds from sale of PVNGS plant assets (Note 13) 28,372 0
Proceeds from sales of investment securities 91,830 125,246
Purchases of investment securities (95,773) (127,791)
Purchases of investment securities (11,500) 0
Other, net 6 565
Net cash flows used in investing activities (251,433) (211,864)
Cash Flows From Financing Activities:    
Revolving credit facilities borrowings (repayments), net 177,400 23,300
Long-term borrowings 0 100,000
Awards of common stock (8,394) (6,735)
Dividends paid (31,677) (29,960)
Valencia’s transactions with its owner (5,510) (4,232)
Transmission interconnection and security deposit arrangements 3,894 18,569
Refunds paid under transmission interconnection arrangements (15,167) (1,972)
Debt issuance costs and other, net (560) (431)
Net cash flows from financing activities 119,986 98,539
Change in Cash, Restricted Cash, and Equivalents 54 3,285
Cash, Restricted Cash, and Equivalents at Beginning of Period 4,078 1,104
Cash, Restricted Cash, and Equivalents at End of Period 4,132 4,389
Supplemental Cash Flow Disclosures:    
Interest paid, net of amounts capitalized 39,794 21,682
Income taxes paid (refunded), net 0 (346)
Supplemental schedule of noncash investing activities:    
Decrease in accrued plant additions $ 37,148 $ 38,918