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Condensed Consolidated Statements of Cash Flows - TXNM - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows From Operating Activities:    
Net earnings $ 38,810 $ 102,330
Adjustments to reconcile net earnings to net cash flows from operating activities:    
Depreciation and amortization 235,245 206,365
Deferred income tax expense (benefit) 1,796 15,385
(Gain) on sale of NMRD 0 (4,449)
(Gains) losses on investment securities (22,315) (18,556)
Stock based compensation expense 5,266 6,676
Regulatory disallowances 0 4,459
Allowance for equity funds used during construction (5,266) (8,130)
Other, net 1,753 2,039
Changes in certain assets and liabilities:    
Accounts receivable and unbilled revenues (30,921) (10,120)
Materials, supplies, and fuel stock (4,313) (17,110)
Other current assets (20,651) (19,479)
Other assets (8,211) (16,382)
Accounts payable (3,669) (17,502)
Accrued interest and taxes (19,588) (6,935)
Other current liabilities (17,140) (28,350)
Other liabilities (6,001) (20,717)
Net cash flows from operating activities 144,795 169,524
Cash Flows From Investing Activities:    
Additions to utility plant and non-utility plant (608,800) (581,818)
Proceeds from sale of plant assets 0 2,840
Proceeds from sales of investment securities 198,728 412,750
Purchases of investment securities (201,174) (417,599)
Proceeds from sale of NMRD 0 116,936
Investments in NMRD 0 (12,550)
Other, net (53) (57)
Net cash flows used in investing activities (611,299) (479,498)
Cash Flows From Financing Activities:    
Revolving credit facilities borrowings 1,398,900 1,584,300
Revolving credit facilities repayments (1,662,500) (1,519,800)
Long-term borrowings 1,719,300 1,065,000
Repayment of long-term debt (1,442,706) (737,000)
Issuance of common stock 645,309 0
Awards of common stock (8,249) (6,248)
Dividends paid (75,781) (70,169)
Valencia’s transactions with its owner (8,918) (7,853)
Transmission interconnection and security deposit arrangements 21,215 64,752
Refunds paid under transmission interconnection and security deposit arrangements (95,028) (28,702)
Debt issuance costs and other, net (9,599) (17,929)
Net cash flows from financing activities 481,943 326,351
Change in Cash, Cash Equivalents, and Restricted Cash 15,439 16,377
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 22,085 3,943
Cash, Cash Equivalents, and Restricted Cash at End of Period 37,524 20,320
Restricted Cash included in Other Current Assets and Other Deferred Charges on Condensed Consolidated Balance Sheets:    
At beginning of period 17,587 1,728
At end of period 15,354 17,085
Supplemental Cash Flow Disclosures:    
Interest paid, net of amounts capitalized 132,849 97,747
Income taxes paid (refunded), net 2,350 (395)
Supplemental schedule of noncash investing activities:    
Decrease in accrued plant additions $ 53,154 $ 47,369