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Condensed Consolidated Balance Sheets - TNMP - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 7,235 $ 2,215
Accounts receivable 149,830 126,291
Unbilled revenues 76,109 64,072
Other receivables 48,967 76,509
Materials and supplies 120,519 98,034
Regulatory assets 44,174 73,046
Total current assets 495,694 475,543
Other Property and Investments:    
Other investments 255 171
Non-utility property, net 26,934 29,367
Total other property and investments 480,694 593,516
Utility Plant:    
Plant in service and plant held for future use 10,231,652 9,701,180
Less accumulated depreciation and amortization 2,910,228 2,755,823
Net plant in service and plant held for future use 7,321,424 6,945,357
Construction work in progress 816,143 589,834
Net utility plant 8,211,382 7,609,862
Deferred Charges and Other Assets:    
Regulatory assets 952,772 914,381
Goodwill 278,297 278,297
Operating lease right-of-use assets, net of accumulated amortization 174,554 182,201
Other deferred charges 250,088 198,805
Total deferred charges and other assets 1,655,711 1,573,684
Total assets 10,843,481 10,252,605
Current Liabilities:    
Short-term debt 459,000 261,900
Current installments of long-term debt 411,539 280,169
Accounts payable 136,435 205,175
Accrued interest and taxes 115,736 98,655
Regulatory liabilities 47,738 140,005
Operating lease liabilities 11,157 12,267
Other current liabilities 80,442 94,397
Total current liabilities 1,369,643 1,230,760
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 4,511,206 4,241,642
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 886,189 845,280
Regulatory liabilities 775,140 771,317
Asset retirement obligations 246,751 245,531
Accrued pension liability and postretirement benefit cost 13,470 21,429
Operating lease liabilities 158,369 167,000
Other deferred credits 363,136 319,066
Total deferred credits and other liabilities 2,443,055 2,369,623
Total liabilities 8,323,904 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) 1,624,685 1,624,823
Retained earnings 908,693 787,110
Total TXNM common stockholders’ equity 2,459,979 2,349,093
Total liabilities and stockholders' equity 10,843,481 10,252,605
Texas-New Mexico Power Company    
Current Assets:    
Cash and cash equivalents 941 0
Accounts receivable 45,107 31,412
Unbilled revenues 19,242 17,147
Other receivables 11,715 26,983
Materials and supplies 25,019 16,462
Regulatory assets 8,213 50
Prepaid and other current assets 6,815 2,705
Total current assets 117,052 94,759
Other Property and Investments:    
Other investments 101 102
Non-utility property, net 13,413 14,746
Total other property and investments 13,514 14,848
Utility Plant:    
Plant in service and plant held for future use 3,385,732 3,210,870
Less accumulated depreciation and amortization 617,051 582,140
Net plant in service and plant held for future use 2,768,681 2,628,730
Construction work in progress 262,880 91,274
Net utility plant 3,031,561 2,720,004
Deferred Charges and Other Assets:    
Regulatory assets 99,603 75,654
Goodwill 226,665 226,665
Operating lease right-of-use assets, net of accumulated amortization 1,101 1,814
Other deferred charges 16,213 11,287
Total deferred charges and other assets 343,582 315,420
Total assets 3,505,709 3,145,031
Current Liabilities:    
Short-term debt 97,500 55,100
Current installments of long-term debt 0 79,947
Accrued interest and taxes 59,246 57,558
Regulatory liabilities 1,700 5,159
Operating lease liabilities 772 895
Other current liabilities 9,134 12,084
Total current liabilities 202,744 269,295
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 1,464,054 1,180,933
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 198,638 178,748
Regulatory liabilities 232,429 206,296
Asset retirement obligations 955 898
Accrued pension liability and postretirement benefit cost 1,073 1,480
Operating lease liabilities 268 809
Other deferred credits 87,684 68,911
Total deferred credits and other liabilities 521,047 457,142
Total liabilities 2,187,845 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 471,734 391,531
Total TXNM common stockholders’ equity 1,317,864 1,237,661
Total liabilities and stockholders' equity 3,505,709 3,145,031
Texas-New Mexico Power Company | Nonrelated Party    
Current Liabilities:    
Accounts payable 28,535 51,620
Texas-New Mexico Power Company | Related Party    
Current Liabilities:    
Accounts payable $ 5,857 $ 6,932