XML 42 R19.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - TNMP - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 2,215 $ 4,078
Accounts receivable 126,291 183,669
Unbilled revenues 64,072 63,473
Other receivables 76,509 20,320
Materials, supplies, and fuel stock 98,034 66,733
Regulatory assets 73,046 20,265
Other current assets 8,920 31,624
Total current assets 475,543 410,978
Other Property and Investments:    
Other investments 171 177
Non-utility property, including financing leases 29,367 26,841
Total other property and investments 593,516 535,114
Utility Plant:    
Plant in service, held for future use, and to be abandoned 9,701,180 9,164,564
Less accumulated depreciation and amortization 2,755,823 2,659,952
Net plant in service and plant held for future use 6,945,357 6,504,612
Construction work in progress 589,834 372,988
Net utility plant 7,609,862 6,972,823
Deferred Charges and Other Assets:    
Regulatory assets 914,381 846,686
Goodwill 278,297 278,297
Operating lease assets, net of amortization 182,201 55,982
Other deferred charges 198,805 157,497
Total deferred charges and other assets 1,573,684 1,338,462
Total assets 10,252,605 9,257,377
Current Liabilities:    
Short-term debt 261,900 232,000
Current maturities of long-term debt 280,169 184,793
Accounts payable 205,175 215,708
Accrued interest and taxes 98,655 76,783
Regulatory liabilities 140,005 17,002
Operating lease liabilities 12,267 18,781
Other current liabilities 94,397 87,037
Total current liabilities 1,230,760 890,370
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs (includes $338,521 and $0 related to ETBC I) 4,241,642 3,892,594
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 845,280 822,831
Regulatory liabilities 771,317 755,202
Asset retirement obligations 245,531 223,377
Accrued pension liability and postretirement benefit cost 21,429 32,799
Operating lease liabilities 167,000 41,336
Other deferred credits 319,066 342,413
Total deferred credits and other liabilities 2,369,623 2,217,958
Total liabilities 7,842,025 7,000,922
Commitments and Contingencies (See Note 16)
Company common stockholders’ equity:    
Common stock (no par value; 120,000,000 shares authorized; issued and outstanding 90,200,384 and 85,834,874 shares) 1,624,823 1,429,102
Retained earnings 787,110 828,878
Total PNMR common stockholders’ equity 2,349,093 2,191,932
Total liabilities and stockholders' equity 10,252,605 9,257,377
TNMP    
Current Assets:    
Cash and cash equivalents 0 0
Accounts receivable 31,412 32,283
Unbilled revenues 17,147 18,191
Other receivables 26,983 8,552
Materials, supplies, and fuel stock 16,462 10,843
Regulatory assets 50 1,932
Other current assets 2,705 2,346
Total current assets 94,759 74,147
Other Property and Investments:    
Other investments 102 101
Non-utility property, including financing leases 14,746 14,010
Total other property and investments 14,848 14,111
Utility Plant:    
Plant in service, held for future use, and to be abandoned 3,210,870 2,853,130
Less accumulated depreciation and amortization 582,140 578,157
Net plant in service and plant held for future use 2,628,730 2,274,973
Construction work in progress 91,274 63,820
Net utility plant 2,720,004 2,338,793
Deferred Charges and Other Assets:    
Regulatory assets 75,654 82,745
Goodwill 226,665 226,665
Operating lease assets, net of amortization 1,814 3,426
Other deferred charges 11,287 6,714
Total deferred charges and other assets 315,420 319,550
Total assets 3,145,031 2,746,601
Current Liabilities:    
Short-term debt 55,100 36,700
Current maturities of long-term debt 79,947 0
Accrued interest and taxes 57,558 54,672
Regulatory liabilities 5,159 9,089
Operating lease liabilities 895 1,543
Other current liabilities 12,084 6,336
Total current liabilities 269,295 148,765
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs (includes $338,521 and $0 related to ETBC I) 1,180,933 1,076,875
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 178,748 164,637
Regulatory liabilities 206,296 198,213
Asset retirement obligations 898 828
Accrued pension liability and postretirement benefit cost 1,480 792
Operating lease liabilities 809 1,703
Other deferred credits 68,911 52,964
Total deferred credits and other liabilities 457,142 419,137
Total liabilities 1,907,370 1,644,777
Commitments and Contingencies (See Note 16)
Company common stockholders’ equity:    
Common stock (no par value; 120,000,000 shares authorized; issued and outstanding 90,200,384 and 85,834,874 shares) 64 64
Paid-in-capital 846,066 805,166
Retained earnings 391,531 296,594
Total PNMR common stockholders’ equity 1,237,661 1,101,824
Total liabilities and stockholders' equity 3,145,031 2,746,601
TNMP | Nonrelated Party    
Current Liabilities:    
Accounts payable 51,620 34,152
TNMP | Related Party    
Current Liabilities:    
Accounts payable $ 6,932 $ 6,273