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Condensed Consolidated Balance Sheets - TXNM - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 7,235 $ 2,215
Accounts receivable, net of allowance for credit losses of $3,046 and $3,388 149,830 126,291
Unbilled revenues 76,109 64,072
Other receivables 48,967 76,509
Materials, supplies, and fuel stock 120,519 98,034
Regulatory assets 44,174 73,046
Prepaid assets 34,252 19,759
Income taxes receivable 5,316 6,697
Other current assets 9,292 8,920
Total current assets 495,694 475,543
Other Property and Investments:    
Investment securities 453,505 444,408
Equity investment in NMRD 0 119,570
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, held for future use, and to be abandoned 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
Nuclear fuel, net of accumulated amortization of $36,439 and $35,840 73,815 74,671
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 (includes $6,907 and $2,529 related to ETBC I) 411,539 280,169
Accounts payable 136,435 205,175
Customer deposits 6,530 6,237
Accrued interest and taxes 115,736 98,655
Regulatory liabilities 47,738 140,005
Operating lease liabilities 11,157 12,267
Dividends declared 35,085 35,085
Transmission interconnection arrangement liabilities 65,981 96,870
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 (includes $331,699 and $338,521 related to ETBC I) 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)
Cumulative Preferred Stock of Subsidiary without mandatory redemption requirements ($100 stated value; 10,000,000 shares authorized; issued and outstanding 115,293 shares) 11,529 11,529
TXNM common stockholders’ equity:    
Common stock (no par value; 200,000,000 and 120,000,000 shares authorized; issued and outstanding 90,200,384 shares) 1,624,685 1,624,823
Accumulated other comprehensive income (loss), net of income taxes (73,399) (62,840)
Retained earnings 908,693 787,110
Total TXNM common stockholders’ equity 2,459,979 2,349,093
Non-controlling interest in Valencia 48,069 49,958
Total equity 2,508,048 2,399,051
Total liabilities and stockholders' equity $ 10,843,481 $ 10,252,605