Condensed Consolidated Statements of Earnings - PNM - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Electric Operating Revenues	$ 436,877	$ 544,077
Operating Expenses:
Administrative and general	55,427	55,110
Regulatory disallowances	4,459	0
Depreciation and amortization	93,187	78,074
Transmission and distribution costs	22,764	22,196
Taxes other than income taxes	25,934	25,562
Total operating expenses	356,287	444,986
Operating income	80,590	99,091
Other Income and Deductions:
Interest income	4,580	4,843
Gains on investment securities	17,998	6,442
Other income	4,911	3,093
Other (deductions)	(16,522)	(2,493)
Net other income and deductions	10,967	11,885
Interest Charges	53,762	40,923
Earnings before Income Taxes	37,795	70,053
Income Taxes	(12,571)	9,780
Net Earnings	50,366	60,273
(Earnings) Attributable to Valencia Non-controlling Interest	(3,044)	(5,127)
Preferred Stock Dividend Requirements	(132)	(132)
Net Earnings Available for PNM Common Stock	47,190	55,014
Energy
Electric Operating Revenues	436,877	544,077
Operating Expenses:
Energy costs	132,304	241,686
Energy Production
Operating Expenses:
Energy costs	22,212	22,358
PNM
Electric Operating Revenues	308,115	430,165
Operating Expenses:
Administrative and general	51,736	48,973
Regulatory disallowances	4,459	0
Depreciation and amortization	53,287	43,686
Transmission and distribution costs	14,350	13,887
Taxes other than income taxes	13,709	13,504
Total operating expenses	257,165	352,261
Operating income	50,950	77,904
Other Income and Deductions:
Interest income	4,527	4,849
Gains on investment securities	17,998	6,442
Other income	3,418	2,451
Other (deductions)	(870)	(1,860)
Net other income and deductions	25,073	11,882
Interest Charges	25,116	18,122
Earnings before Income Taxes	50,907	71,664
Income Taxes	5,811	11,829
Net Earnings	45,096	59,835
(Earnings) Attributable to Valencia Non-controlling Interest	(3,044)	(5,127)
Net Earnings Attributable to PNM	42,052	54,708
Preferred Stock Dividend Requirements	(132)	(132)
Net Earnings Available for PNM Common Stock	41,920	54,576
PNM | Energy
Operating Expenses:
Energy costs	97,412	209,853
PNM | Energy Production
Operating Expenses:
Energy costs	$ 22,212	$ 22,358