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Schedule I - Condensed Financial Information of Parent Company - Statement of Cash flow (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows From Operating Activities:      
Net Cash Flows From Operating Activities $ 551,171 $ 567,284 $ 547,873
Cash Flows From Investing Activities:      
Net cash flows used in investing activities (1,088,406) (950,347) (952,258)
Cash Flows From Financing Activities:      
Revolving credit facility borrowings (repayments), net 29,900 169,300 30,700
Long-term borrowings 1,358,096 558,000 1,816,345
Repayment of long-term debt (910,000) (179,500) (1,411,345)
Issuance of common stock 198,177 0 0
Dividends paid (126,705) (119,839) (112,972)
Debt issuance costs and other, net (9,836) (5,564) (6,306)
Net cash flows from financing activities 537,100 386,037 357,561
Change in Cash, Cash Equivalents, and Restricted Cash (135) 2,974 (46,824)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 4,078 1,104 47,928
Cash, Cash Equivalents, and Restricted Cash at End of Year 3,943 4,078 1,104
Supplemental Cash Flow Disclosures:      
Interest paid, net of amounts capitalized 155,273 118,485 91,276
Income taxes paid (refunded), net 1,505 (1,011) 1,042
PNM Resources      
Cash Flows From Operating Activities:      
Net Cash Flows From Operating Activities (31,368) (10,261) (28,514)
Cash Flows From Investing Activities:      
Utility plant additions 1,138 1,136 543
Investments in subsidiaries (85,500) (70,200) (178,071)
Cash dividends from subsidiaries 0 153,500 60,000
Net cash flows used in investing activities (84,362) 84,436 (117,528)
Cash Flows From Financing Activities:      
Short-term borrowings (repayments) -affiliate, net (5,300) (700) 6,400
Revolving credit facility borrowings (repayments), net 59,900 (45,500) 42,900
Long-term borrowings 500,000 100,000 1,120,000
Repayment of long-term debt (500,000) 0 (900,000)
Issuance of common stock 198,177 0 0
Awards of common stock (9,646) (7,980) (10,130)
Dividends paid (126,177) (119,311) (112,444)
Debt issuance costs and other, net (1,221) (686) (673)
Net cash flows from financing activities 115,733 (74,177) 146,053
Change in Cash, Cash Equivalents, and Restricted Cash 3 (2) 11
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 61 63 52
Cash, Cash Equivalents, and Restricted Cash at End of Year 64 61 63
Supplemental Cash Flow Disclosures:      
Interest paid, net of amounts capitalized 47,122 29,904 13,425
Income taxes paid (refunded), net $ 350 $ (2,500) $ 0