2023 Q1 Form 10-K Financial Statement

#000110842623000006 Filed on February 28, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $544.1M $575.8M $2.250B
YoY Change 22.51% 32.65% 26.39%
Cost Of Revenue
YoY Change
Gross Profit $186.7M $740.5M
YoY Change 21.05% 14.1%
Gross Profit Margin 34.32% 32.92%
Selling, General & Admin $55.11M $61.82M $227.1M
YoY Change -1.34% -0.02% -1.36%
% of Gross Profit 29.52% 30.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $87.13M $85.32M $341.1M
YoY Change 2.9% 5.01% 6.53%
% of Gross Profit 46.66% 46.07%
Operating Expenses $445.0M $519.3M $1.855B
YoY Change 18.33% 31.71% 26.14%
Operating Profit $99.09M $393.8M
YoY Change 45.58% 27.78%
Interest Expense $40.92M -$27.69M $127.9M
YoY Change 56.08% 48.14% 32.03%
% of Operating Profit 41.3% 32.48%
Other Income/Expense, Net $2.493M $404.0K $13.88M
YoY Change 11.24% -54.35% -25.21%
Pretax Income $70.05M $29.25M $211.3M
YoY Change 223.48% 37.66% -13.55%
Income Tax $9.780M $9.148M $26.13M
% Of Pretax Income 13.96% 31.28% 12.37%
Net Earnings $60.27M $15.75M $185.2M
YoY Change 213.63% 38.7% -12.59%
Net Earnings / Revenue 11.08% 2.73% 8.23%
Basic Earnings Per Share $0.64 $1.97
Diluted Earnings Per Share $0.64 $0.18 $1.97
COMMON SHARES
Basic Shares Outstanding 85.83M shares 85.83M shares 86.12M shares
Diluted Shares Outstanding 86.14M shares 86.17M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.132M $4.078M $4.078M
YoY Change -5.86% 269.38% 269.38%
Cash & Equivalents $4.132M $4.078M $4.078M
Short-Term Investments
Other Short-Term Assets $11.33M $31.62M $133.8M
YoY Change 947.04% 1834.19% 20.04%
Inventory $64.29M $66.73M $66.73M
Prepaid Expenses $21.90M $18.47M
Receivables $129.3M $183.7M $183.7M
Other Receivables $24.15M $22.67M $22.67M
Total Short-Term Assets $351.9M $411.0M $411.0M
YoY Change 16.85% 26.61% 26.61%
LONG-TERM ASSETS
Property, Plant & Equipment $7.091B $7.056B $7.056B
YoY Change 1.93% 2.88% 2.88%
Goodwill $278.3M $278.3M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $102.2M $90.62M $508.3M
YoY Change 14.36% 1.64% -8.01%
Other Assets $1.098B $1.004B $1.004B
YoY Change 63.75% 53.64% 53.64%
Total Long-Term Assets $9.001B $8.846B $8.846B
YoY Change 6.82% 6.04% 6.04%
TOTAL ASSETS
Total Short-Term Assets $351.9M $411.0M $411.0M
Total Long-Term Assets $9.001B $8.846B $8.846B
Total Assets $9.353B $9.257B $9.257B
YoY Change 7.17% 6.81% 6.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $122.3M $215.7M $215.7M
YoY Change 3.81% 24.98% 24.98%
Accrued Expenses $82.49M $95.56M $95.56M
YoY Change -15.79% -1.81% -1.81%
Deferred Revenue $6.317M $6.117M
YoY Change 17.77% 20.06%
Short-Term Debt $409.4M $232.0M $232.0M
YoY Change 376.05% 270.02% 270.02%
Long-Term Debt Due $409.9M $184.8M $192.2M
YoY Change 128.46% 3.04% 3.78%
Total Short-Term Liabilities $1.195B $890.4M $890.4M
YoY Change 77.62% 34.05% 34.05%
LONG-TERM LIABILITIES
Long-Term Debt $3.668B $3.893B $3.909B
YoY Change 1.33% 10.6% 10.55%
Other Long-Term Liabilities $1.357B $1.379B $1.379B
YoY Change -7.44% -6.04% -6.04%
Total Long-Term Liabilities $3.668B $3.893B $5.288B
YoY Change 1.33% 10.6% 5.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.195B $890.4M $890.4M
Total Long-Term Liabilities $3.668B $3.893B $5.288B
Total Liabilities $7.077B $7.001B $7.054B
YoY Change 8.1% 8.84% 8.73%
SHAREHOLDERS EQUITY
Retained Earnings $852.3M $828.9M
YoY Change 11.19% 2.3%
Common Stock $1.424B $1.429B
YoY Change -0.1% -0.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.212B $2.192B $2.203B
YoY Change
Total Liabilities & Shareholders Equity $9.353B $9.257B $9.257B
YoY Change 7.17% 6.81% 6.81%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $60.27M $15.75M $185.2M
YoY Change 213.63% 38.7% -12.59%
Depreciation, Depletion And Amortization $87.13M $85.32M $341.1M
YoY Change 2.9% 5.01% 6.53%
Cash From Operating Activities $131.5M $139.8M $567.3M
YoY Change 12.77% 0.31% 3.54%
INVESTING ACTIVITIES
Capital Expenditures $264.4M $209.7M $912.6M
YoY Change -225.96% -147.78% -197.6%
Acquisitions
YoY Change
Other Investing Activities -$6.000K -$29.24M -$674.0K
YoY Change -98.94% 203.04% -7588.89%
Cash From Investing Activities -$251.4M -$238.9M -$950.3M
YoY Change 18.68% -46.73% -0.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $7.980M
YoY Change -21.22%
Debt Paid & Issued, Net $179.5M
YoY Change -87.28%
Cash From Financing Activities $120.0M 97.59M $386.0M
YoY Change 21.76% -62.57% 7.96%
NET CHANGE
Cash From Operating Activities $131.5M 139.8M $567.3M
Cash From Investing Activities -$251.4M -238.9M -$950.3M
Cash From Financing Activities $120.0M 97.59M $386.0M
Net Change In Cash $54.00K -1.544M $2.974M
YoY Change -98.36% -96.81% -106.35%
FREE CASH FLOW
Cash From Operating Activities $131.5M $139.8M $567.3M
Capital Expenditures $264.4M $209.7M $912.6M
Free Cash Flow -$132.9M -$69.89M -$345.3M
YoY Change -140.7% -112.09% -123.28%

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ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2022 pnm Preferred Stock Dividend Requirements Of Subsidiary
PreferredStockDividendRequirementsOfSubsidiary
528000 usd
CY2021 pnm Preferred Stock Dividend Requirements Of Subsidiary
PreferredStockDividendRequirementsOfSubsidiary
528000 usd
CY2020 pnm Preferred Stock Dividend Requirements Of Subsidiary
PreferredStockDividendRequirementsOfSubsidiary
528000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
192969000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
185180000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
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CY2020 us-gaap Profit Loss
ProfitLoss
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CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
341123000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
320210000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
314668000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
24533000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
30747000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
20405000 usd
CY2022 us-gaap Gain Loss On Investments
GainLossOnInvestments
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CY2021 us-gaap Gain Loss On Investments
GainLossOnInvestments
16850000 usd
CY2020 us-gaap Gain Loss On Investments
GainLossOnInvestments
21599000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
7825000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
9446000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
8141000 usd
CY2022 pnm Regulatory Disallowances And Restructuring Costs
RegulatoryDisallowancesAndRestructuringCosts
832000 usd
CY2021 pnm Regulatory Disallowances And Restructuring Costs
RegulatoryDisallowancesAndRestructuringCosts
1194000 usd
CY2020 pnm Regulatory Disallowances And Restructuring Costs
RegulatoryDisallowancesAndRestructuringCosts
1098000 usd
CY2022 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
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CY2021 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
13217000 usd
CY2020 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
11254000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2022 pnm Increase Decrease In Accounts Receivable And Unbilled Revenues
IncreaseDecreaseInAccountsReceivableAndUnbilledRevenues
73099000 usd
CY2021 pnm Increase Decrease In Accounts Receivable And Unbilled Revenues
IncreaseDecreaseInAccountsReceivableAndUnbilledRevenues
25924000 usd
CY2020 pnm Increase Decrease In Accounts Receivable And Unbilled Revenues
IncreaseDecreaseInAccountsReceivableAndUnbilledRevenues
42035000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8528000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1356000 usd
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-11512000 usd
CY2022 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-17159000 usd
CY2021 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
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CY2020 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
8135000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-5002000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
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CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
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CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
47568000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
10640000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
7403000 usd
CY2022 pnm Increase Decrease In Accrued Interest And Taxes
IncreaseDecreaseInAccruedInterestAndTaxes
9205000 usd
CY2021 pnm Increase Decrease In Accrued Interest And Taxes
IncreaseDecreaseInAccruedInterestAndTaxes
2692000 usd
CY2020 pnm Increase Decrease In Accrued Interest And Taxes
IncreaseDecreaseInAccruedInterestAndTaxes
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CY2022 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
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CY2021 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
6894000 usd
CY2020 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
23740000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-27935000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
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CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
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CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
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CY2020 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
679028000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2020 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2020 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
607591000 usd
CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 usd
CY2021 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
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CY2020 us-gaap Payments To Acquire Equity Method Investments
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23250000 usd
CY2022 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 usd
CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
572000 usd
CY2020 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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PaymentsForProceedsFromOtherInvestingActivities
-674000 usd
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
14928000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
169300000 usd
CY2021 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
30700000 usd
CY2020 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
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CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
558000000 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1816345000 usd
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
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CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
179500000 usd
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1411345000 usd
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7980000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10130000 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
11984000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
119839000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
112972000 usd
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
98502000 usd
CY2022 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
17533000 usd
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
19094000 usd
CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
18056000 usd
CY2022 pnm Proceeds From Transmission Interconnection Arrangements
ProceedsFromTransmissionInterconnectionArrangements
96550000 usd
CY2021 pnm Proceeds From Transmission Interconnection Arrangements
ProceedsFromTransmissionInterconnectionArrangements
80558000 usd
CY2020 pnm Proceeds From Transmission Interconnection Arrangements
ProceedsFromTransmissionInterconnectionArrangements
11452000 usd
CY2022 pnm Repayment Of Transmission Interconnection Agreements
RepaymentOfTransmissionInterconnectionAgreements
107397000 usd
CY2021 pnm Repayment Of Transmission Interconnection Agreements
RepaymentOfTransmissionInterconnectionAgreements
10195000 usd
CY2020 pnm Repayment Of Transmission Interconnection Agreements
RepaymentOfTransmissionInterconnectionAgreements
5905000 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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386037000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
357561000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2974000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
44095000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1104000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
47928000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3833000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4078000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1104000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
47928000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
118485000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
91276000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
106575000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-1011000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1042000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
969000 usd
CY2022 pnm Increase Decreaseincapitalexpendituresincurredbutnotyetpaid
IncreaseDecreaseincapitalexpendituresincurredbutnotyetpaid
4455000 usd
CY2021 pnm Increase Decreaseincapitalexpendituresincurredbutnotyetpaid
IncreaseDecreaseincapitalexpendituresincurredbutnotyetpaid
7362000 usd
CY2020 pnm Increase Decreaseincapitalexpendituresincurredbutnotyetpaid
IncreaseDecreaseincapitalexpendituresincurredbutnotyetpaid
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CY2022 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
0 usd
CY2021 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
0 usd
CY2020 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
801000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4078000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1104000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4925000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
7265000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
183669000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
123292000 usd
CY2022Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
63473000 usd
CY2021Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
57736000 usd
CY2022Q4 us-gaap Other Receivables
OtherReceivables
20320000 usd
CY2021Q4 us-gaap Other Receivables
OtherReceivables
18784000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
66733000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
65061000 usd
CY2022Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
20265000 usd
CY2021Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
14785000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
18465000 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
37325000 usd
CY2022Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
2351000 usd
CY2021Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
4878000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
31624000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1635000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
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CY2021Q4 us-gaap Assets Current
AssetsCurrent
324600000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
417476000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
463126000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
90620000 usd
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
89158000 usd
CY2022Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
177000 usd
CY2021Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
265000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
26841000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
25439000 usd
CY2022Q4 pnm Total Other Property And Investments
TotalOtherPropertyAndInvestments
535114000 usd
CY2021Q4 pnm Total Other Property And Investments
TotalOtherPropertyAndInvestments
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CY2022Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
9164564000 usd
CY2021Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
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CY2022Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
2659952000 usd
CY2021Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
2952743000 usd
CY2022Q4 pnm Public Utilities Property Plant And Equipment Net In Service
PublicUtilitiesPropertyPlantAndEquipmentNetInService
6504612000 usd
CY2021Q4 pnm Public Utilities Property Plant And Equipment Net In Service
PublicUtilitiesPropertyPlantAndEquipmentNetInService
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CY2022Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
372988000 usd
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
248856000 usd
CY2022Q4 pnm Accumulated Amortization Nuclear Fuel
AccumulatedAmortizationNuclearFuel
43985000 usd
CY2021Q4 pnm Accumulated Amortization Nuclear Fuel
AccumulatedAmortizationNuclearFuel
41181000 usd
CY2022Q4 us-gaap Nuclear Fuel Net Of Amortization
NuclearFuelNetOfAmortization
95223000 usd
CY2021Q4 us-gaap Nuclear Fuel Net Of Amortization
NuclearFuelNetOfAmortization
98937000 usd
CY2022Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
6972823000 usd
CY2021Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
6752899000 usd
CY2022Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
846686000 usd
CY2021Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
514258000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
278297000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
278297000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
55982000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
79511000 usd
CY2022Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
157497000 usd
CY2021Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
139332000 usd
CY2022Q4 pnm Total Deferred Charges And Other Assets
TotalDeferredChargesAndOtherAssets
1338462000 usd
CY2021Q4 pnm Total Deferred Charges And Other Assets
TotalDeferredChargesAndOtherAssets
1011398000 usd
CY2022Q4 us-gaap Assets
Assets
9257377000 usd
CY2021Q4 us-gaap Assets
Assets
8666885000 usd
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
232000000 usd
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
62700000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
184793000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
179339000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
215708000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
172595000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
6117000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5095000 usd
CY2022Q4 pnm Accrued Interest And Taxes Payable
AccruedInterestAndTaxesPayable
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CY2021Q4 pnm Accrued Interest And Taxes Payable
AccruedInterestAndTaxesPayable
70105000 usd
CY2022Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
17002000 usd
CY2021Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
8316000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
18781000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
27218000 usd
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
31676000 usd
CY2021Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
132000 usd
CY2022Q4 pnm Transmission Interconnection Arrangement Liabilities
TransmissionInterconnectionArrangementLiabilities
20473000 usd
CY2021Q4 pnm Transmission Interconnection Arrangement Liabilities
TransmissionInterconnectionArrangementLiabilities
39564000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
87037000 usd
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
99149000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
890370000 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
664213000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3892594000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3519580000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
822831000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
764850000 usd
CY2022Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
755202000 usd
CY2021Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
841393000 usd
CY2022Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
223377000 usd
CY2021Q4 us-gaap Asset Retirement Obligations Noncurrent
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234146000 usd
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CumulativePreferredStockOfSubsidiaryWithoutMandatoryRedemptionRequirements
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FinanceLeaseRightOfUseAsset
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FinanceLeaseLiabilityDeferredCreditsOther
16075000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y5M23D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y5M8D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P3Y8M4D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P4Y2M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0400
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0399
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0344
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0265
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
28835000 usd
CY2022 pnm Operating Lease Capitalized Costs
OperatingLeaseCapitalizedCosts
2417000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
26418000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
6529000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
659000 usd
CY2022 pnm Finance Lease Capitalized Costs
FinanceLeaseCapitalizedCosts
5471000 usd
CY2022 pnm Finance Lease Cost
FinanceLeaseCost
1717000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
890000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
3109000 usd
CY2022 us-gaap Lease Cost
LeaseCost
32134000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
29270000 usd
CY2021 pnm Operating Lease Capitalized Costs
OperatingLeaseCapitalizedCosts
2951000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
26319000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5277000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
574000 usd
CY2021 pnm Finance Lease Capitalized Costs
FinanceLeaseCapitalizedCosts
4404000 usd
CY2021 pnm Finance Lease Cost
FinanceLeaseCost
1447000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
380000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
3035000 usd
CY2021 us-gaap Lease Cost
LeaseCost
31181000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
25984000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
26129000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
141000 usd
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
128000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1711000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1296000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3103000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
317000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
8266000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
6958000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
8029000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
19037000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
6606000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9334000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
4734000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7595000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
2988000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7490000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1539000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7018000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
1162000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
17366000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
25058000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
67840000 usd
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1572000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7723000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
23486000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
60117000 usd
CY2022Q4 pnm Lessee Operating Lease Unguaranteed Residual Value
LesseeOperatingLeaseUnguaranteedResidualValue
24200000 usd
CY2022Q4 pnm Contract With Customer Liability Net
ContractWithCustomerLiabilityNet
15300000 usd
CY2022Q4 pnm Contract With Customer Cash Collateral
ContractWithCustomerCashCollateral
0 usd
CY2022Q4 pnm Contract With Customer Liability Net Exposure
ContractWithCustomerLiabilityNetExposure
13100000 usd
CY2022 us-gaap Equity Securities Fv Ni Realized Gain Loss
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-6940000 usd
CY2021 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
8738000 usd
CY2020 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
5861000 usd
CY2022 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-38025000 usd
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-442000 usd
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
17707000 usd
CY2022 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-44965000 usd
CY2021 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
8296000 usd
CY2020 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
23568000 usd
CY2022 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-33392000 usd
CY2021 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
8554000 usd
CY2020 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-1969000 usd
CY2022 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
-78357000 usd
CY2021 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
16850000 usd
CY2020 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
21599000 usd
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IncreaseDecreaseInOtherThanTemporaryLossesInvestmentsPortionRecognizedinEarningsNetAvailableforsaleSecurities
-25800000 usd
CY2021 pnm Increase Decrease In Other Than Temporary Losses Investments Portion Recognizedin Earnings Net Availableforsale Securities
IncreaseDecreaseInOtherThanTemporaryLossesInvestmentsPortionRecognizedinEarningsNetAvailableforsaleSecurities
700000 usd
CY2020 pnm Increase Decrease In Other Than Temporary Losses Investments Portion Recognizedin Earnings Net Availableforsale Securities
IncreaseDecreaseInOtherThanTemporaryLossesInvestmentsPortionRecognizedinEarningsNetAvailableforsaleSecurities
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CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.040
CY2022 pnm Defined Benefit Plans Gains And Losses That Lie Outside Corridor Amortized In Years
DefinedBenefitPlansGainsAndLossesThatLieOutsideCorridorAmortizedInYears
P5Y
CY2022 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.75
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7900000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9400000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8100000 usd
CY2022Q4 pnm Asset Retirement Obligation Liabilities Relatedto Nuclear Decommissioning
AssetRetirementObligationLiabilitiesRelatedtoNuclearDecommissioning
0.68
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
181962000 usd
CY2020 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0 usd
CY2020 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
1444000 usd
CY2020 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
11310000 usd
CY2020 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-8407000 usd
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
183421000 usd
CY2021 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
1781000 usd
CY2021 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
142000 usd
CY2021 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
9308000 usd
CY2021 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
39778000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
234146000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
0 usd
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
10767000 usd
CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-21536000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
223377000 usd
pnm Number Of Monitoring Wells Containing Free Phase Hydrocarbon Products
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1 monitoringwell
CY2019Q4 pnm Number Of Field Work Reports
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2 numberofamimeter
CY2020Q3 pnm Number Of Field Work Reports
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2 numberofamimeter
CY2022Q3 us-gaap Increase Decrease In Inventories
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CY2022Q3 pnm Public Utilities Increase Decrease Property Plant And Equipment In Service Net
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-382798000 usd
CY2022Q3 pnm Increase Decrease In Regulatory Assets Eta
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289381000 usd
CY2022Q3 pnm Increase Decrease In Regulatory Assets Non Eta
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22593000 usd
CY2022Q3 us-gaap Increase Decrease In Regulatory Liabilities
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-77254000 usd
CY2022Q3 pnm Increase Decrease In Assets And Liabilities Net
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0 usd
CY2022Q4 pnm Public Utilities Investments Undepreciated
PublicUtilitiesInvestmentsUndepreciated
274900000 usd
CY2022Q4 pnm Public Utilities Investments Plant Decommissioning
PublicUtilitiesInvestmentsPlantDecommissioning
14500000 usd
CY2022Q4 pnm Public Utilities Obsolete Inventory
PublicUtilitiesObsoleteInventory
6400000 usd
CY2022Q4 pnm Public Utilities Inventory Plant Decommissioning
PublicUtilitiesInventoryPlantDecommissioning
16200000 usd
CY2021Q2 pnm Public Utilities Regulatory Time Frame For Proposed Pp As And Battery Storage Agreements
PublicUtilitiesRegulatoryTimeFrameForProposedPPAsAndBatteryStorageAgreements
P6M
CY2021 pnm Number Of Replacement Resources
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4 replacementresource
pnm Number Of Purchase Power Agreements
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3 power_purchase_agreement
CY2022Q2 pnm Number Of Delegated Letter Orders
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2 delegatedletterorder
CY2022Q2 pnm Number Of Requests For Rehearing
NumberOfRequestsForRehearing
2 numberofamimeter
CY2022Q2 pnm Number Of Ferc Proceedings
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2 proceeding
CY2022Q3 pnm Number Of Rehearing Denial Notices
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2 denialnotice
CY2022Q3 pnm Number Of Petitions Filed For Review
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2 filedpetition
CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
23600000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1597000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1835000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
231000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
18413000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
20679000 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
17574000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
7302000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
11315000 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Other Income Tax Expense Benefit Continuing Operations
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CY2021 us-gaap Other Income Tax Expense Benefit Continuing Operations
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CY2020 us-gaap Other Income Tax Expense Benefit Continuing Operations
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26130000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32582000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20636000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
44375000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
51330000 usd
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
43670000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
1182000 usd
CY2021 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
1247000 usd
CY2020 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
890000 usd
CY2022 pnm Effective Income Tax Rate Reconciliation Deductible Expense Amortization Of Excess Deferred Income Tax
EffectiveIncomeTaxRateReconciliationDeductibleExpenseAmortizationOfExcessDeferredIncomeTax
23599000 usd
CY2021 pnm Effective Income Tax Rate Reconciliation Deductible Expense Amortization Of Excess Deferred Income Tax
EffectiveIncomeTaxRateReconciliationDeductibleExpenseAmortizationOfExcessDeferredIncomeTax
24484000 usd
CY2020 pnm Effective Income Tax Rate Reconciliation Deductible Expense Amortization Of Excess Deferred Income Tax
EffectiveIncomeTaxRateReconciliationDeductibleExpenseAmortizationOfExcessDeferredIncomeTax
30723000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
2795000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
798000 usd
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
1368000 usd
CY2022 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
3176000 usd
CY2021 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
3253000 usd
CY2020 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
2943000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
6826000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9660000 usd
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
6961000 usd
CY2022 pnm Effective Income Tax Rate Reconciliation Allowanceforequityfundsusedduringconstruction
EffectiveIncomeTaxRateReconciliationAllowanceforequityfundsusedduringconstruction
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CY2021 pnm Effective Income Tax Rate Reconciliation Allowanceforequityfundsusedduringconstruction
EffectiveIncomeTaxRateReconciliationAllowanceforequityfundsusedduringconstruction
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CY2020 pnm Effective Income Tax Rate Reconciliation Allowanceforequityfundsusedduringconstruction
EffectiveIncomeTaxRateReconciliationAllowanceforequityfundsusedduringconstruction
-2363000 usd
CY2022 pnm Effective Income Tax Rate Reconciliation Recoveryof Impairmentof Net Operating Loss Carryforward Amount
EffectiveIncomeTaxRateReconciliationRecoveryofImpairmentofNetOperatingLossCarryforwardAmount
0 usd
CY2021 pnm Effective Income Tax Rate Reconciliation Recoveryof Impairmentof Net Operating Loss Carryforward Amount
EffectiveIncomeTaxRateReconciliationRecoveryofImpairmentofNetOperatingLossCarryforwardAmount
0 usd
CY2020 pnm Effective Income Tax Rate Reconciliation Recoveryof Impairmentof Net Operating Loss Carryforward Amount
EffectiveIncomeTaxRateReconciliationRecoveryofImpairmentofNetOperatingLossCarryforwardAmount
-1367000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
91000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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CY2022 pnm Effective Income Tax Rate Reconciliation Non Deductible Compensation Amount
EffectiveIncomeTaxRateReconciliationNonDeductibleCompensationAmount
1125000 usd
CY2021 pnm Effective Income Tax Rate Reconciliation Non Deductible Compensation Amount
EffectiveIncomeTaxRateReconciliationNonDeductibleCompensationAmount
899000 usd
CY2020 pnm Effective Income Tax Rate Reconciliation Non Deductible Compensation Amount
EffectiveIncomeTaxRateReconciliationNonDeductibleCompensationAmount
2630000 usd
CY2022 pnm Effective Income Tax Rate Reconciliation Transaction Costs
EffectiveIncomeTaxRateReconciliationTransactionCosts
74000 usd
CY2021 pnm Effective Income Tax Rate Reconciliation Transaction Costs
EffectiveIncomeTaxRateReconciliationTransactionCosts
848000 usd
CY2020 pnm Effective Income Tax Rate Reconciliation Transaction Costs
EffectiveIncomeTaxRateReconciliationTransactionCosts
0 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1699000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1595000 usd
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1951000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26130000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32582000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20636000 usd
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.1237
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.1333
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0992
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
85382000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
32441000 usd
CY2022Q4 us-gaap Deferred Tax Assets Regulatory Assets And Liabilities
DeferredTaxAssetsRegulatoryAssetsAndLiabilities
98371000 usd
CY2021Q4 us-gaap Deferred Tax Assets Regulatory Assets And Liabilities
DeferredTaxAssetsRegulatoryAssetsAndLiabilities
120651000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
122557000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
122436000 usd
CY2022Q4 pnm Deferred Tax Assets Regulatory Disallowance
DeferredTaxAssetsRegulatoryDisallowance
28037000 usd
CY2021Q4 pnm Deferred Tax Assets Regulatory Disallowance
DeferredTaxAssetsRegulatoryDisallowance
38835000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
33849000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
34812000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
368196000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
349175000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
801022000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
787295000 usd
CY2022Q4 pnm Deferred Tax Liabilities Investment Tax Credit
DeferredTaxLiabilitiesInvestmentTaxCredit
96227000 usd
CY2021Q4 pnm Deferred Tax Liabilities Investment Tax Credit
DeferredTaxLiabilitiesInvestmentTaxCredit
97409000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Regulatory Assets And Liabilities
DeferredTaxLiabilitiesRegulatoryAssetsAndLiabilities
77013000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Regulatory Assets And Liabilities
DeferredTaxLiabilitiesRegulatoryAssetsAndLiabilities
78211000 usd
CY2022Q4 pnm Deferred Tax Liabilities Compensationand Benefits Pensions
DeferredTaxLiabilitiesCompensationandBenefitsPensions
40651000 usd
CY2021Q4 pnm Deferred Tax Liabilities Compensationand Benefits Pensions
DeferredTaxLiabilitiesCompensationandBenefitsPensions
40828000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Regulatory Assets
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24048000 usd
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CY2022Q4 pnm Reservebalance Statetaxcreditcarryforward
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1216000 usd
CY2022 pnm Reverse Balance Compensation Expense
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725000 usd
CY2021Q4 pnm Reservebalance Statetaxcreditcarryforward
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CY2021 pnm Reverse Balance Compensation Expense
ReverseBalanceCompensationExpense
526000 usd

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
pnm-20221231_def.xml Edgar Link unprocessable
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Financial_Report.xlsx Edgar Link pending
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pnm-20221231.xsd Edgar Link pending
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