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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash Flows From Operating Activities:      
Net Earnings (Loss) $ 120,125 $ 190,934 $ (31,124)
Net Earnings 105,547 176,359 (45,215)
Adjustments to reconcile net earnings (loss) to net cash flows from operating activities:      
Depreciation and amortization 206,499 195,366 186,067
PVNGS firm-sales contracts revenue 0 (2,558) (58,289)
Bad debt expense 3,367 24,116 27,566
Deferred income tax expense 56,243 124,424 35,674
(Gain) on sale of First Choice (1,012) (174,925) 0
Equity in net (earnings) loss of Optim Energy 0 0 15,223
Impairment of equity investment in Optim Energy 0 0 188,176
Net unrealized (gains) losses on derivatives (1,598) (8,713) 29,303
Realized (gains) on investments held by NDT (13,015) (8,985) (4,868)
Loss on reacquired debt 0 9,209 0
Abandonment of leased premises 7,411 0 0
Stock based compensation expense 3,585 6,556 2,894
Regulatory disallowances 0 21,402 0
Other, net (4,115) (939) (1,719)
Changes in certain assets and liabilities:      
Accounts receivable and unbilled revenues (2,547) (70,734) (11,398)
Materials, supplies, and fuel stock (5,412) (2,200) (1,848)
Other current assets (2,598) (21,979) (42,841)
Other assets (30,778) (15,835) 8,559
Accounts payable 14,020 20,969 (15,462)
Accrued interest and taxes 255 7,304 34,163
Other current liabilities (19,905) 3,460 (35,974)
Proceeds from governmental grants 21,567 2,103 0
Other liabilities (70,743) (6,735) (36,750)
Net cash flows from operating activities 281,349 292,240 287,352
Cash Flows From Investing Activities:      
Utility plant additions (308,909) (326,931) (281,488)
Proceeds from sales of investments held by NDT 167,330 145,286 79,853
Purchases of investments held by NDT (173,158) (149,185) (85,847)
Proceeds from sale of First Choice (1,012) (174,925) 0
Return of principal on PVNGS lessor notes 23,455 32,274 29,851
Investments in Optim Energy 0 0 (20,279)
Other, net 1,353 (17) 2,004
Net cash flows from investing activities (285,895) 19,778 (275,906)
Cash Flows From Financing Activities:      
Short-term loan 100,000 0 0
Revolving credit facilities borrowings (repayments), net (24,000) (139,300) 24,000
Long-term borrowings 20,000 210,000 403,845
Repayment of long-term debt (22,387) (110,752) (405,970)
Purchase of preferred stock 0 (73,475) 0
Purchase of common stock 0 (125,683) 0
Proceeds from stock option exercise 11,684 5,622 1,247
Purchases to satisfy awards of common stock (25,168) (10,104) (2,986)
Excess tax (shortfall) from stock-based payment arrangements 0 0 (580)
Payments received on PVNGS firm-sales contracts 0 2,558 30,476
Dividends paid (45,137) (45,656) (46,254)
Valencia’s transactions with its owner (15,630) (16,801) (17,745)
Proceeds from transmission interconnection arrangements 983 1,246 8,515
Repayment of transmission interconnection arrangements (1,753) (4,637) 0
Debt issuance costs and other (152) (5,349) (5,231)
Net cash flows from financing activities (1,560) (312,331) (10,683)
Change in Cash and Cash Equivalents (6,106) (313) 763
Cash and Cash Equivalents at Beginning of Year 15,091 15,404 14,641
Cash and Cash Equivalents at End of Year 8,985 15,091 15,404
Supplemental Cash Flow Disclosures:      
Interest paid, net of amounts capitalized 113,265 116,391 119,676
Income taxes paid (refunded), net 5,302 (5,527) (99,318)
Public Service Company of New Mexico [Member]
     
Cash Flows From Operating Activities:      
Net Earnings (Loss) 105,601 68,538 70,861
Net Earnings 91,551 54,491 57,298
Adjustments to reconcile net earnings (loss) to net cash flows from operating activities:      
Depreciation and amortization 129,514 123,216 117,619
PVNGS firm-sales contracts revenue 0 (2,558) (58,289)
Deferred income tax expense 65,479 90,567 113,680
Net unrealized (gains) losses on derivatives (1,598) (3,822) 5,693
Realized (gains) on investments held by NDT (13,015) (8,985) (4,868)
Regulatory disallowances 0 17,479 0
Other, net (120) 4,216 882
Changes in certain assets and liabilities:      
Accounts receivable and unbilled revenues (4,756) (23,487) 8,145
Materials, supplies, and fuel stock (5,268) (2,067) (1,665)
Other current assets (3,014) (14,916) (24,434)
Other assets (27,338) (795) 21,569
Accounts payable 11,028 12,524 (5,542)
Accrued interest and taxes 47,666 (45,579) (15,992)
Other current liabilities (2,539) 15,216 (27,914)
Proceeds from governmental grants 21,567 2,103 0
Other liabilities (54,787) (18,612) (50,617)
Net cash flows from operating activities 268,420 213,038 149,128
Cash Flows From Investing Activities:      
Utility plant additions (196,800) (251,345) (226,766)
Proceeds from sales of investments held by NDT 167,330 145,286 79,853
Purchases of investments held by NDT (173,158) (149,185) (85,847)
Return of principal on PVNGS lessor notes 23,455 32,274 29,851
Other, net (1,184) 1,782 2,319
Net cash flows from investing activities (180,357) (221,188) (200,590)
Cash Flows From Financing Activities:      
Revolving credit facilities borrowings (repayments), net (44,900) (124,000) 72,000
Long-term borrowings 20,000 160,000 403,845
Repayment of long-term debt (20,000) 0 (403,845)
Payments received on PVNGS firm-sales contracts 0 2,558 30,476
Equity contribution from parent 0 43,000 0
Dividends paid (34,961) (47,862) (28,524)
Valencia’s transactions with its owner (15,630) (16,801) (17,745)
Other, net (151) (3,383) (4,297)
Proceeds from transmission interconnection arrangements 983 1,246 8,515
Repayment of transmission interconnection arrangements (1,753) (4,637) 0
Net cash flows from financing activities (96,412) 10,121 60,425
Change in Cash and Cash Equivalents (8,349) 1,971 8,963
Cash and Cash Equivalents at Beginning of Year 12,307 10,336 1,373
Cash and Cash Equivalents at End of Year 3,958 12,307 10,336
Supplemental Cash Flow Disclosures:      
Interest paid, net of amounts capitalized 73,036 69,995 72,392
Income taxes paid (refunded), net (63,113) (1,541) (59,298)
Texas-New Mexico Power Company [Member]
     
Cash Flows From Operating Activities:      
Net Earnings 26,747 22,257 15,982
Adjustments to reconcile net earnings (loss) to net cash flows from operating activities:      
Depreciation and amortization 54,396 48,572 45,703
Deferred income tax expense 4,378 15,478 4,962
Regulatory disallowances 0 3,923 0
Other, net (889) (532) 23
Changes in certain assets and liabilities:      
Accounts receivable and unbilled revenues 2,208 (9,130) 536
Materials, supplies, and fuel stock (143) 77 (195)
Other current assets (3,515) 4,777 (3,011)
Other assets (3,145) (3,247) (2,937)
Accounts payable (666) 2,225 (706)
Accrued interest and taxes 9,825 (2,520) 17,442
Other current liabilities (2,106) 513 (24)
Other liabilities 4,311 (611) (581)
Net cash flows from operating activities 91,401 81,782 77,194
Cash Flows From Investing Activities:      
Utility plant additions (92,973) (67,407) (41,018)
Net cash flows from investing activities (92,973) (67,407) (41,018)
Cash Flows From Financing Activities:      
Short-term borrowings (repayments) – affiliate, net 27,600 (500) (22,300)
Long-term borrowings 0 50,000 0
Repayment of long-term debt 0 (50,000) 0
Dividends paid (26,028) (13,714) (13,079)
Debt issuance costs and other 0 (161) (934)
Net cash flows from financing activities 1,572 (14,375) (36,313)
Change in Cash and Cash Equivalents 0 0 (137)
Cash and Cash Equivalents at Beginning of Year 1 1 138
Cash and Cash Equivalents at End of Year 1 1 1
Supplemental Cash Flow Disclosures:      
Interest paid, net of amounts capitalized 25,360 27,236 27,696
Income taxes paid (refunded), net 1,848 1,466 (11,705)
First Choice [Member]
     
Adjustments to reconcile net earnings (loss) to net cash flows from operating activities:      
(Gain) on sale of First Choice 4,034 329,281 0
Cash Flows From Investing Activities:      
Proceeds from sale of First Choice 4,034 329,281 0
Transaction costs for sale of First Choice $ 0 $ (10,930) $ 0