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Condensed Consolidated Balance Sheets - PNMR - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 3,484 $ 1,104
Accounts receivable, net of allowance for credit losses of $5,705 and $7,265 150,960 123,292
Unbilled revenues 64,520 57,736
Other receivables 20,524 18,784
Materials, supplies, and fuel stock 75,414 65,061
Regulatory assets 24,307 14,785
Prepaid assets 25,121 37,325
Income taxes receivable 4,655 4,878
Other current assets 1,304 1,635
Total current assets 370,289 324,600
Other Property and Investments:    
Investment securities 386,355 463,126
Equity investment in NMRD 90,161 89,158
Other investments 139 265
Non-utility property, net 26,066 25,439
Total other property and investments 502,721 577,988
Utility Plant:    
Plant in service, held for future use, and to be abandoned 9,421,123 9,357,849
Less accumulated depreciation and amortization 2,975,176 2,952,743
Net plant in service and plant held for future use 6,445,947 6,405,106
Construction work in progress 390,733 248,856
Nuclear fuel, net of accumulated amortization of $41,329 and $41,181 100,450 98,937
Net utility plant 6,937,130 6,752,899
Deferred Charges and Other Assets:    
Regulatory assets 599,052 514,258
Goodwill 278,297 278,297
Operating lease right-of-use assets, net of accumulated amortization 67,623 79,511
Other deferred charges 155,993 139,332
Total deferred charges and other assets 1,100,965 1,011,398
Assets 8,911,105 8,666,885
Current Liabilities:    
Short-term debt 266,300 62,700
Current installments of long-term debt 259,569 179,339
Accounts payable 129,923 172,595
Customer deposits 5,879 5,095
Accrued interest and taxes 67,570 70,105
Regulatory liabilities 9,118 8,316
Operating lease liabilities 26,612 27,218
Dividends declared 132 132
Transmission interconnection arrangement liabilities 24,643 39,564
Other current liabilities 104,738 99,149
Total current liabilities 894,484 664,213
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 3,573,087 3,519,580
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 780,518 764,850
Regulatory liabilities 828,515 841,393
Asset retirement obligations 239,640 234,146
Accrued pension liability and postretirement benefit cost 12,597 19,057
Operating lease liabilities 41,464 55,993
Other deferred credits 343,584 333,195
Total deferred credits and liabilities 2,246,318 2,248,634
Total liabilities 6,713,889 6,432,427
Commitments and Contingencies (Note 11)
Cumulative Preferred Stock of Subsidiary without mandatory redemption requirements ($100 stated value; 10,000,000 shares authorized; issued and outstanding 115,293 shares) 11,529 11,529
PNM common stockholder’s equity:    
Common stock (no par value; 120,000,000 shares authorized; issued and outstanding 85,834,874 shares) 1,426,448 1,429,257
Accumulated other comprehensive income (loss), net of income taxes (76,825) (71,936)
Retained earnings 781,899 810,203
Total PNM common stockholder’s equity 2,131,522 2,167,524
Non-controlling interest in Valencia 54,165 55,405
Total equity 2,185,687 2,222,929
Total liabilities and stockholders' equity $ 8,911,105 $ 8,666,885