XML 114 R81.htm IDEA: XBRL DOCUMENT v3.25.0.1
Financing - Financing Activities - PNM (Narrative) (Details)
12 Months Ended
Nov. 15, 2023
USD ($)
May 15, 2023
USD ($)
Sep. 30, 2022
USD ($)
Aug. 05, 2022
USD ($)
Jun. 18, 2021
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Jan. 21, 2025
USD ($)
Jun. 03, 2024
USD ($)
May 10, 2024
USD ($)
Jun. 01, 2023
USD ($)
Apr. 28, 2023
USD ($)
debtInstrument
Jun. 01, 2022
USD ($)
derivative
Dec. 31, 2021
USD ($)
Debt Instrument [Line Items]                              
Repayments of debt           $ 819,529,000 $ 910,000,000 $ 179,500,000              
Interest Rate Contract | Cash Flow Hedge                              
Debt Instrument [Line Items]                              
Derivative asset, number of instruments held | derivative                           2  
PNM                              
Debt Instrument [Line Items]                              
Repayments of debt           $ 200,529,000 410,000,000 179,500,000              
5.92% due April 2053 | PNM | Notes Payable to Banks                              
Debt Instrument [Line Items]                              
Aggregate principal amount         $ 75,000,000                    
5.51% due April 2035 | PNM                              
Debt Instrument [Line Items]                              
Repayments of debt         $ 40,000,000                    
Pollution Control Revenue Bonds | PNM | Bonds                              
Debt Instrument [Line Items]                              
Term loans                           $ 31,500,000 $ 104,500,000
Pollution Control Revenue Bonds Due June 2038 | PNM | Bonds                              
Debt Instrument [Line Items]                              
Aggregate principal amount                           36,000,000 $ 36,000,000
Stated percentage (as a percent)                             1.05%
Pollution Control Revenue Bonds Due June 2040, 1 | PNM | Bonds                              
Debt Instrument [Line Items]                              
Aggregate principal amount                           $ 37,000,000 $ 37,000,000
Stated percentage (as a percent)                             2.125%
Pollution Control Revenue Bonds Due June 2040, 2 | PNM | Bonds                              
Debt Instrument [Line Items]                              
Aggregate principal amount                             $ 11,500,000
Stated percentage (as a percent)                             1.20%
Pollution Control Revenue Bonds Due June 2042 | PNM | Bonds                              
Debt Instrument [Line Items]                              
Aggregate principal amount                             $ 20,000,000
Stated percentage (as a percent)                             2.45%
Pollution Control Revenue Bonds Due June 2024 | PNM | Bonds                              
Debt Instrument [Line Items]                              
Stated percentage (as a percent)                           3.00%  
PNM 2022 Delayed-Draw Term Loan | Line of Credit | Revolving Credit Facility                              
Debt Instrument [Line Items]                              
Repayments of debt $ 225,000,000                            
Financing capacity       $ 225,000,000                      
Proceeds from long-term lines of credit     $ 45,000,000 $ 180,000,000                      
Pollution Control Revenue Bonds, 1.1%, Due 2040 | Bonds                              
Debt Instrument [Line Items]                              
Aggregate principal amount               $ 130,000,000              
Stated percentage (as a percent)               1.10%              
Pollution Control Revenue Bonds, 3.90%, Due 2028 | Bonds                              
Debt Instrument [Line Items]                              
Aggregate principal amount                       $ 130,000,000      
Stated percentage (as a percent)                       3.90%      
PNM 3.15%, Senior Unsecured Notes, Due May 2023 | Senior Unsecured Notes                              
Debt Instrument [Line Items]                              
Stated percentage (as a percent)               3.15%              
Repayments of debt   $ 55,000,000                          
PNM 3.15%, Senior Unsecured Notes, Due May 2023 | PNM | Senior Unsecured Notes                              
Debt Instrument [Line Items]                              
Aggregate principal amount               $ 55,000,000              
Stated percentage (as a percent)               3.15%              
PNM 2023 Note Purchase Agreement | PNM | Senior Unsecured Notes                              
Debt Instrument [Line Items]                              
Aggregate principal amount                         $ 200,000,000    
Number of debt issuances | debtInstrument                         2    
PNM 2023 SUNs at 5.15% Due April 28, 2035 | PNM | Senior Unsecured Notes                              
Debt Instrument [Line Items]                              
Aggregate principal amount                         $ 150,000,000    
Stated percentage (as a percent)                         5.51%    
PNM 2023 SUNs at 5.92% Due April 28, 2053 | PNM | Senior Unsecured Notes                              
Debt Instrument [Line Items]                              
Aggregate principal amount                         $ 50,000,000    
Stated percentage (as a percent)                         5.92%    
PNM 2024 Term Loan | Secured Debt                              
Debt Instrument [Line Items]                              
Aggregate principal amount                     $ 200,000,000        
Variable rate (as a percent)           5.40%                  
PCRBs, 3.00% Due 2040 | Bonds                              
Debt Instrument [Line Items]                              
Aggregate principal amount             $ 37,000,000                
Stated percentage (as a percent)             3.00%                
PCRBs, 1.15% Due 2040 | Bonds                              
Debt Instrument [Line Items]                              
Aggregate principal amount             $ 125,000,000                
Stated percentage (as a percent)             1.15%                
PCRBs, 3.00% Due 2038 | Bonds                              
Debt Instrument [Line Items]                              
Aggregate principal amount             $ 36,000,000                
Stated percentage (as a percent)             3.00%                
PCRBs, 3.875% Due 2029 | Bonds                              
Debt Instrument [Line Items]                              
Aggregate principal amount                   $ 198,000,000          
Stated percentage (as a percent)                   3.875%          
PNM 2025 Term Loan | Secured Debt | Subsequent Event                              
Debt Instrument [Line Items]                              
Aggregate principal amount                 $ 195,000,000