Condensed Consolidated Statements of Earnings - PNM - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Electric Operating Revenues	$ 505,851	$ 729,888	$ 1,527,084	$ 1,673,736
Operating Expenses:
Administrative and general	58,481	58,125	167,630	165,328
Regulatory disallowances and restructuring costs	2,315	(567)	6,046	832
Depreciation and amortization	80,192	76,570	237,405	229,103
Transmission and distribution costs	25,078	21,538	72,739	61,160
Taxes other than income taxes	22,432	22,651	72,395	71,207
Total operating expenses	419,199	547,125	1,249,011	1,336,513
Operating income	86,652	182,763	278,073	337,223
Other Income and Deductions:
Interest income	5,366	3,969	15,568	11,588
Gains (losses) on investment securities	(8,404)	(15,736)	1,815	(84,104)
Other income	8,428	5,364	17,121	14,845
Other (deductions)	(4,555)	(1,647)	(10,562)	(7,529)
Net other income and deductions	835	(8,050)	23,942	(65,200)
Interest Charges	49,838	34,526	136,660	89,963
Earnings before Income Taxes	37,649	140,187	165,355	182,060
Income Taxes (Benefits)	(5,267)	13,450	12,742	16,982
Net Earnings	42,916	126,737	152,613	165,078
(Earnings) Attributable to Valencia Non-controlling Interest	(5,058)	(4,172)	(14,172)	(10,897)
Preferred Stock Dividend Requirements	(132)	(132)	(396)	(396)
Net Earnings Available for PNM Common Stock	37,726	122,433	138,045	153,785
Energy
Electric Operating Revenues	505,851	729,888	1,527,084	1,673,736
Operating Expenses:
Energy costs	210,313	334,339	624,451	698,349
Energy Production
Operating Expenses:
Energy costs	20,388	34,469	68,345	110,534
PNM
Electric Operating Revenues	350,334	597,337	1,118,741	1,312,800
Operating Expenses:
Administrative and general	53,460	51,900	151,178	149,361
Regulatory disallowances and restructuring costs	2,315	(567)	6,046	832
Depreciation and amortization	44,537	45,361	132,287	137,132
Transmission and distribution costs	15,326	12,549	43,968	37,678
Taxes other than income taxes	9,250	10,359	36,078	36,768
Total operating expenses	319,638	457,422	955,726	1,078,434
Operating income	30,696	139,915	163,015	234,366
Other Income and Deductions:
Interest income	5,323	3,888	15,542	10,288
Gains (losses) on investment securities	(8,404)	(15,736)	1,815	(84,104)
Other income	3,484	2,086	8,656	7,997
Other (deductions)	(2,678)	(793)	(7,341)	(5,368)
Net other income and deductions	(2,275)	(10,555)	18,672	(71,187)
Interest Charges	22,354	15,467	61,242	44,562
Earnings before Income Taxes	6,067	113,893	120,445	118,617
Income Taxes (Benefits)	(7,199)	12,121	12,041	11,762
Net Earnings	13,266	101,772	108,404	106,855
(Earnings) Attributable to Valencia Non-controlling Interest	(5,058)	(4,172)	(14,172)	(10,897)
Net Earnings Attributable to PNM	8,208	97,600	94,232	95,958
Preferred Stock Dividend Requirements	(132)	(132)	(396)	(396)
Net Earnings Available for PNM Common Stock	8,076	97,468	93,836	95,562
PNM | Energy
Operating Expenses:
Energy costs	174,362	303,351	517,824	606,129
PNM | Energy Production
Operating Expenses:
Energy costs	$ 20,388	$ 34,469	$ 68,345	$ 110,534