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Long-term debt (Tables)
12 Months Ended
Dec. 31, 2013
Long-term Debt, Unclassified [Abstract]  
Schedule of long-term debt
The Utilities issued through a private placement the following notes:  
(in millions)
Maturity
Hawaiian Electric
Hawaii Electric Light
Maui Electric
Hawaiian Electric Consolidated
3.83% Senior Notes 1
July 1, 2020
$

$
14

$

$
14

4.45% Senior Notes 1
December 1, 2022
40

12


52

4.84% Senior Notes 1
October 1, 2027
50

30

20

100

5.65% Senior Notes 2
October 1, 2043
50


20

70

 Total
 
$
140

$
56

$
40

$
236

1  
Proceeds were used in October 2013 to redeem the following special purpose revenue bonds (SPRBs) and refunding SPRBs of the same maturities issued by the Department of Budget and Finance of the State of Hawaii for the benefit of the Utilities in an aggregate principal amount of $166 million:
Series
Year of maturity
4.75% Refunding Series 2003A Bonds
2020
5.00% Refunding Series 2003B Bonds
2022
5.65% Series 1997A Bonds
2027
2  
Proceeds were used by the respective utility to finance their capital expenditures and/or for the reimbursement of funds used for the payment of capital expenditures.
December 31
2013

 
2012

(dollars in thousands)
 

 
 

Long-term debt of Utilities 1
$
1,217,945

 
$
1,147,872

HEI medium-term note 5.25%, due 2013

 
50,000

HEI medium-term note 6.51%, due 2014
100,000

 
100,000

HEI senior note 4.41%, due 2016
75,000

 
75,000

HEI senior note 5.67%, due 2021
50,000

 
50,000

HEI senior note 3.99%, due 2023
50,000

 

 
$
1,492,945

 
$
1,422,872

1
See components of "Total long-term debt" and unamortized discount in Hawaiian Electric and subsidiaries' Consolidated Statements of Capitalization.