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Schedule I - Condensed Financial Information of Parent Company - Statements of Cash flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows From Operating Activities:      
Net Cash Flows From Operating Activities $ 508,160 $ 551,171 $ 567,284
Cash Flows From Investing Activities:      
Net cash flows used in investing activities (1,174,372) (1,088,406) (950,347)
Cash Flows From Financing Activities:      
Revolving credit facility borrowings 2,892,200 2,358,900 1,829,500
Revolving credit facilities repayments (2,544,800) (2,329,000) (1,660,200)
Long-term borrowings 1,233,000 1,358,096 558,000
Repayment of long-term debt (819,529) (910,000) (179,500)
Issuance of common stock 98,601 198,177 0
Dividends paid (140,339) (126,705) (119,839)
Debt issuance costs and other, net (20,482) (9,836) (5,564)
Net cash flows from financing activities 684,354 537,100 386,037
Change in Cash, Cash Equivalents, and Restricted Cash 18,142 (135) 2,974
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 3,943 4,078 1,104
Cash, Cash Equivalents, and Restricted Cash at End of Year 22,085 3,943 4,078
Supplemental Cash Flow Disclosures:      
Interest paid, net of amounts capitalized 207,972 155,273 118,485
Income taxes paid (refunded), net (998) 1,505 (1,011)
PNM Resources      
Cash Flows From Operating Activities:      
Net Cash Flows From Operating Activities (36,927) (31,368) (10,261)
Cash Flows From Investing Activities:      
Additions to non-utility plant 839 1,138 1,136
Investments in subsidiaries (112,000) (85,500) (70,200)
Cash dividends from subsidiaries 153,000 0 153,500
Net cash flows used in investing activities 41,839 (84,362) 84,436
Cash Flows From Financing Activities:      
Short-term borrowings (repayments) -affiliate, net 21,100 (5,300) (700)
Revolving credit facility borrowings 822,000 837,000 640,400
Revolving credit facilities repayments (797,400) (777,100) (685,900)
Long-term borrowings 550,000 500,000 100,000
Repayment of long-term debt (539,000) (500,000) 0
Issuance of common stock 98,601 198,177 0
Awards of common stock (8,460) (9,646) (7,980)
Dividends paid (139,811) (126,177) (119,311)
Debt issuance costs and other, net (11,945) (1,221) (686)
Net cash flows from financing activities (4,915) 115,733 (74,177)
Change in Cash, Cash Equivalents, and Restricted Cash (3) 3 (2)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 64 61 63
Cash, Cash Equivalents, and Restricted Cash at End of Year 61 64 61
Supplemental Cash Flow Disclosures:      
Interest paid, net of amounts capitalized 71,917 47,122 29,904
Income taxes paid (refunded), net $ (1,707) $ 350 $ (2,500)