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Condensed Consolidated Balance Sheets - TNMP - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 7,768 $ 4,078
Accounts receivable 175,193 183,669
Unbilled revenues 68,271 63,473
Other receivables 25,719 20,320
Materials, supplies, and fuel stock 83,391 66,733
Regulatory assets 99,388 20,265
Total current assets 489,227 410,978
Other Property and Investments:    
Other investments 172 177
Non-utility property, net 29,584 26,841
Total other property and investments 569,702 535,114
Utility Plant:    
Plant in service, held for future use, and to be abandoned 9,344,655 9,164,564
Less accumulated depreciation and amortization 2,728,523 2,659,952
Net plant in service and plant held for future use 6,616,132 6,504,612
Construction work in progress 717,353 372,988
Net utility plant 7,410,853 6,972,823
Deferred Charges and Other Assets:    
Regulatory assets 924,487 846,686
Goodwill 278,297 278,297
Operating lease right-of-use assets, net of accumulated amortization 185,989 55,982
Other deferred charges 192,286 157,497
Total deferred charges and other assets 1,581,059 1,338,462
Assets 10,050,841 9,257,377
Current Liabilities:    
Short-term debt 405,500 232,000
Current installments of long-term debt 502,434 184,793
Accounts payable 157,035 215,708
Accrued interest and taxes 86,001 76,783
Regulatory liabilities 122,895 17,002
Operating lease liabilities 11,983 18,781
Other current liabilities 89,727 87,037
Total current liabilities 1,478,573 890,370
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 3,902,687 3,892,594
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 859,173 822,831
Regulatory liabilities 764,360 755,202
Asset retirement obligations 228,343 223,377
Accrued pension liability and postretirement benefit cost 27,748 32,799
Operating lease liabilities 168,849 41,336
Other deferred credits 323,195 342,413
Total deferred credits and liabilities 2,371,668 2,217,958
Total liabilities 7,752,928 7,000,922
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) 1,425,342 1,429,102
Retained earnings 872,289 828,878
Total PNM common stockholder’s equity 2,235,211 2,191,932
Total liabilities and stockholders' equity 10,050,841 9,257,377
Texas-New Mexico Power Company    
Current Assets:    
Cash and cash equivalents 1,153 0
Accounts receivable 44,196 32,283
Unbilled revenues 20,954 18,191
Other receivables 4,833 8,552
Materials, supplies, and fuel stock 15,200 10,843
Regulatory assets 158 1,932
Prepaid and other current assets 3,246 2,346
Total current assets 89,740 74,147
Other Property and Investments:    
Other investments 102 101
Non-utility property, net 14,161 14,010
Total other property and investments 14,263 14,111
Utility Plant:    
Plant in service, held for future use, and to be abandoned 2,972,515 2,853,130
Less accumulated depreciation and amortization 585,329 578,157
Net plant in service and plant held for future use 2,387,186 2,274,973
Construction work in progress 232,235 63,820
Net utility plant 2,619,421 2,338,793
Deferred Charges and Other Assets:    
Regulatory assets 78,380 82,745
Goodwill 226,665 226,665
Operating lease right-of-use assets, net of accumulated amortization 2,099 3,426
Other deferred charges 8,789 6,714
Total deferred charges and other assets 315,933 319,550
Assets 3,039,357 2,746,601
Current Liabilities:    
Short-term debt 39,800 36,700
Current installments of long-term debt 79,921 0
Accrued interest and taxes 63,231 54,672
Regulatory liabilities 2,062 9,089
Operating lease liabilities 991 1,543
Other current liabilities 9,330 6,336
Total current liabilities 230,733 148,765
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 1,180,943 1,076,875
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 173,789 164,637
Regulatory liabilities 212,613 198,213
Asset retirement obligations 880 828
Accrued pension liability and postretirement benefit cost 540 792
Operating lease liabilities 959 1,703
Other deferred credits 62,907 52,964
Total deferred credits and liabilities 451,688 419,137
Total liabilities 1,863,364 1,644,777
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 805,166 805,166
Retained earnings 370,763 296,594
Total PNM common stockholder’s equity 1,175,993 1,101,824
Total liabilities and stockholders' equity 3,039,357 2,746,601
Texas-New Mexico Power Company | Nonrelated Party    
Current Liabilities:    
Accounts payable 29,737 34,152
Texas-New Mexico Power Company | Related Party    
Current Liabilities:    
Accounts payable $ 5,661 $ 6,273