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Condensed Consolidated Balance Sheets - TNMP - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 3,235 $ 2,215
Accounts receivable 121,757 126,291
Unbilled revenues 76,793 64,072
Other receivables 103,721 76,509
Materials and supplies 115,144 98,034
Regulatory assets 59,397 73,046
Total current assets 537,654 475,543
Other Property and Investments:    
Other investments 229 171
Non-utility property, net 27,116 29,367
Total other property and investments 468,575 593,516
Utility Plant:    
Plant in service and plant held for future use 10,028,222 9,701,180
Less accumulated depreciation and amortization 2,855,197 2,755,823
Net plant in service and plant held for future use 7,173,025 6,945,357
Construction work in progress 727,130 589,834
Net utility plant 7,974,937 7,609,862
Deferred Charges and Other Assets:    
Regulatory assets 929,893 914,381
Goodwill 278,297 278,297
Operating lease right-of-use assets, net of accumulated amortization 177,285 182,201
Other deferred charges 216,769 198,805
Total deferred charges and other assets 1,602,244 1,573,684
Total assets 10,583,410 10,252,605
Current Liabilities:    
Short-term debt 326,400 261,900
Current installments of long-term debt 240,770 280,169
Accounts payable 140,304 205,175
Accrued interest and taxes 90,763 98,655
Regulatory liabilities 76,131 140,005
Operating lease liabilities 10,834 12,267
Other current liabilities 114,344 94,397
Total current liabilities 1,138,637 1,230,760
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 4,596,994 4,241,642
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 854,174 845,280
Regulatory liabilities 776,424 771,317
Asset retirement obligations 247,653 245,531
Accrued pension liability and postretirement benefit cost 16,168 21,429
Operating lease liabilities 159,592 167,000
Other deferred credits 330,559 319,066
Total deferred credits and other liabilities 2,384,570 2,369,623
Total liabilities 8,120,201 7,842,025
Commitments and Contingencies (Note 11)
Common Stockholder’s Equity:    
Common stock ($10 par value; 12,000,000 shares authorized; issued and outstanding 6,358 shares) 1,625,251 1,624,823
Retained earnings 847,397 787,110
Total PNM common stockholder’s equity 2,402,748 2,349,093
Total liabilities and stockholders' equity 10,583,410 10,252,605
Texas-New Mexico Power Company    
Current Assets:    
Cash and cash equivalents 1,274 0
Accounts receivable 39,354 31,412
Unbilled revenues 16,670 17,147
Other receivables 6,997 26,983
Materials and supplies 22,901 16,462
Regulatory assets 9,606 50
Prepaid and other current assets 6,376 2,705
Total current assets 103,178 94,759
Other Property and Investments:    
Other investments 102 102
Non-utility property, net 13,921 14,746
Total other property and investments 14,023 14,848
Utility Plant:    
Plant in service and plant held for future use 3,323,163 3,210,870
Less accumulated depreciation and amortization 607,005 582,140
Net plant in service and plant held for future use 2,716,158 2,628,730
Construction work in progress 206,800 91,274
Net utility plant 2,922,958 2,720,004
Deferred Charges and Other Assets:    
Regulatory assets 77,836 75,654
Goodwill 226,665 226,665
Operating lease right-of-use assets, net of accumulated amortization 1,362 1,814
Other deferred charges 8,901 11,287
Total deferred charges and other assets 314,764 315,420
Total assets 3,354,923 3,145,031
Current Liabilities:    
Short-term debt 100,600 55,100
Current installments of long-term debt 80,000 79,947
Accrued interest and taxes 49,312 57,558
Regulatory liabilities 688 5,159
Operating lease liabilities 835 895
Other current liabilities 8,436 12,084
Total current liabilities 287,529 269,295
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 1,296,927 1,180,933
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 190,415 178,748
Regulatory liabilities 221,907 206,296
Asset retirement obligations 936 898
Accrued pension liability and postretirement benefit cost 1,203 1,480
Operating lease liabilities 457 809
Other deferred credits 73,380 68,911
Total deferred credits and other liabilities 488,298 457,142
Total liabilities 2,072,754 1,907,370
Commitments and Contingencies (Note 11)
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 846,066 846,066
Retained earnings 436,039 391,531
Total PNM common stockholder’s equity 1,282,169 1,237,661
Total liabilities and stockholders' equity 3,354,923 3,145,031
Texas-New Mexico Power Company | Nonrelated Party    
Current Liabilities:    
Accounts payable 34,542 51,620
Texas-New Mexico Power Company | Related Party    
Current Liabilities:    
Accounts payable $ 13,116 $ 6,932