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Consolidated Statements of Cash Flows - PNM - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows From Operating Activities:      
Net Earnings $ 106,879,000 $ 185,180,000 $ 211,847,000
Adjustments to reconcile net earnings to net cash flows from operating activities:      
 Depreciation and amortization 353,692,000 341,123,000 320,210,000
Deferred income tax expense (benefit) (13,509,000) 24,533,000 30,747,000
(Gains) losses on investment securities (19,246,000) 78,357,000 (16,850,000)
Regulatory disallowances and restructuring costs 71,923,000 832,000 1,194,000
Allowance for equity funds used during construction (14,978,000) (13,799,000) (13,217,000)
Other, net 804,000 2,377,000 5,457,000
Changes in certain assets and liabilities:      
Accounts receivable and unbilled revenues 53,229,000 (73,099,000) (25,924,000)
Materials, supplies, and fuel stock (31,301,000) (8,528,000) 1,356,000
Other current assets (52,225,000) 17,159,000 1,838,000
Other assets (25,820,000) 5,002,000 31,135,000
Accounts payable (33,536,000) 47,568,000 10,640,000
Accrued interest and taxes 17,526,000 9,205,000 2,692,000
Other current liabilities 125,580,000 (28,516,000) 6,894,000
Other liabilities 4,963,000 (27,935,000) (29,592,000)
Net cash flows from operating activities 551,171,000 567,284,000 547,873,000
Cash Flows From Investing Activities:      
Additions to utility and non-utility plant (1,075,812,000) (912,557,000) (935,016,000)
Proceeds from sale of plant assets (Note 8) 32,654,000 0 0
Proceeds from sales of investment securities 574,199,000 526,448,000 459,867,000
Purchases of investment securities (593,241,000) (564,912,000) (477,672,000)
Other, net 44,000 674,000 (9,000)
Net cash flows used in investing activities (1,088,406,000) (950,347,000) (952,258,000)
Cash Flows From Financing Activities:      
Revolving credit facilities borrowings (repayments), net 29,900,000 169,300,000 30,700,000
Long-term borrowings 1,358,096,000 558,000,000 1,816,345,000
Repayment of long-term debt (910,000,000) (179,500,000) (1,411,345,000)
Dividends paid (126,705,000) (119,839,000) (112,972,000)
Valencia’s transactions with its owner (21,569,000) (17,533,000) (19,094,000)
Transmission interconnection and security deposit arrangements 49,807,000 96,550,000 80,558,000
Refunds paid under transmission interconnection arrangements (21,124,000) (107,397,000) (10,195,000)
Debt issuance costs and other, net (9,836,000) (5,564,000) (6,306,000)
Net cash flows from financing activities 537,100,000 386,037,000 357,561,000
Change in Cash, Cash Equivalents, and Restricted Cash (135,000) 2,974,000 (46,824,000)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 4,078,000 1,104,000 47,928,000
Cash, Cash Equivalents, and Restricted Cash at End of Year 3,943,000 4,078,000 1,104,000
Restricted Cash Included in Other Deferred Charges on Consolidated Balance Sheets:      
At beginning of period 0 0 0
At end of period 1,728,000 0 0
Supplemental Cash Flow Disclosures:      
Interest paid, net of amounts capitalized 155,273,000 118,485,000 91,276,000
Income taxes paid (refunded), net 1,505,000 (1,011,000) 1,042,000
Supplemental schedule of noncash investing and financing activities:      
(Increase) decrease in accrued plant additions (23,002,000) 4,455,000 7,362,000
PNM      
Cash Flows From Operating Activities:      
Net Earnings 54,718,000 119,020,000 171,559,000
Adjustments to reconcile net earnings to net cash flows from operating activities:      
 Depreciation and amortization 202,885,000 213,517,000 203,401,000
Deferred income tax expense (benefit) (21,972,000) 29,487,000 27,120,000
(Gains) losses on investment securities (19,246,000) 78,357,000 (16,850,000)
Regulatory disallowances and restructuring costs 70,750,000 832,000 1,194,000
Allowance for equity funds used during construction (9,832,000) (9,323,000) (9,905,000)
Other, net 3,485,000 3,758,000 4,482,000
Changes in certain assets and liabilities:      
Accounts receivable and unbilled revenues 51,314,000 (60,743,000) (24,757,000)
Materials, supplies, and fuel stock (25,681,000) (4,804,000) 2,531,000
Other current assets (54,934,000) 17,956,000 2,154,000
Other assets (20,956,000) 5,487,000 30,187,000
Accounts payable (30,423,000) 48,868,000 9,836,000
Accrued interest and taxes 16,091,000 (19,574,000) 20,214,000
Other current liabilities 123,048,000 (41,876,000) 9,169,000
Other liabilities 4,588,000 (26,029,000) (37,884,000)
Net cash flows from operating activities 343,835,000 354,933,000 392,451,000
Cash Flows From Investing Activities:      
Additions to utility and non-utility plant (565,080,000) (433,459,000) (602,180,000)
Proceeds from sale of plant assets (Note 8) 32,654,000 0 0
Proceeds from sales of investment securities 574,199,000 526,448,000 459,867,000
Purchases of investment securities (593,241,000) (564,912,000) (477,672,000)
Other, net 7,000 439,000 (9,000)
Net cash flows used in investing activities (551,461,000) (471,484,000) (619,994,000)
Cash Flows From Financing Activities:      
Revolving credit facilities borrowings (repayments), net (48,400,000) 178,500,000 (2,600,000)
Long-term borrowings 673,096,000 298,000,000 631,345,000
Repayment of long-term debt (410,000,000) (179,500,000) (446,345,000)
Equity contribution from parent 0 0 53,000,000
Dividends paid (528,000) (154,028,000) (60,528,000)
Valencia’s transactions with its owner (21,569,000) (17,533,000) (19,094,000)
Transmission interconnection and security deposit arrangements 38,807,000 90,150,000 47,858,000
Refunds paid under transmission interconnection arrangements (17,624,000) (93,247,000) (2,893,000)
Debt issuance costs and other, net (6,555,000) (2,825,000) (4,627,000)
Net cash flows from financing activities 207,227,000 119,517,000 196,116,000
Change in Cash, Cash Equivalents, and Restricted Cash (399,000) 2,966,000 (31,427,000)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 2,985,000 19,000 31,446,000
Cash, Cash Equivalents, and Restricted Cash at End of Year 2,586,000 2,985,000 19,000
Supplemental Cash Flow Disclosures:      
Interest paid, net of amounts capitalized 66,456,000 54,816,000 45,729,000
Income taxes paid (refunded), net (5,338,000) 11,602,000 (19,492,000)
Supplemental schedule of noncash investing and financing activities:      
(Increase) decrease in accrued plant additions $ (8,604,000) $ (6,859,000) $ 23,091,000