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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 254,665 $ 261,881
Accounts receivable and unbilled revenues, net 299,771 263,209
Available-for-sale investment securities, at fair value 1,409,528 1,401,198
Held-to-maturity investment securities, at amortized cost 62,630 44,515
Stock in Federal Home Loan Bank, at cost 10,158 9,706
Loans held for investment, net 4,721,941 4,617,131
Loans held for sale, at lower of cost or fair value 5,248 11,250
Property, plant and equipment, net of accumulated depreciation 4,611,949 4,460,248
Regulatory assets 860,410 869,297
Other 565,614 513,535
Goodwill 82,190 82,190
Utility property, plant and equipment    
Total property, plant and equipment, net 4,611,949 4,460,248
Current assets    
Cash and cash equivalents 254,665 261,881
Other long-term assets    
Total assets 12,884,104 12,534,160
Liabilities    
Accounts payable 213,832 193,714
Interest and dividends payable 27,594 25,837
Deposit liabilities 6,116,109 5,890,597
Short-term borrowings—other than bank 202,857 117,945
Other bank borrowings 126,930 190,859
Long-term debt, net—other than bank 1,783,009 1,683,797
Deferred income taxes 375,832 388,430
Regulatory liabilities 905,216 880,770
Defined benefit pension and other postretirement benefit plans liability 494,541 509,514
Other 500,873 521,018
Total liabilities 10,746,793 10,402,481
Capitalization    
Retained earnings 495,656 476,836
Accumulated other comprehensive loss, net of tax benefits (58,539) (41,941)
Total shareholders’ equity 2,103,018 2,097,386
Preferred stock, no par value, authorized 10,000,000 shares; issued: none 0 0
Preferred stock of subsidiaries - not subject to mandatory redemption 34,293 34,293
Commitments and contingencies
Current liabilities    
Interest and dividends payable 27,594 25,837
Deferred credits and other liabilities    
Deferred income taxes 375,832 388,430
Shareholders’ equity    
Preferred stock, no par value, authorized 10,000,000 shares; issued: none 0 0
Common stock, no par value, authorized 200,000,000 shares; issued and outstanding: 108,879,245 shares and 108,787,807 shares at June 30, 2018 and December 31, 2017, respectively 1,665,901 1,662,491
Retained earnings 495,656 476,836
Accumulated other comprehensive loss, net of tax benefits (58,539) (41,941)
Total shareholders’ equity 2,103,018 2,097,386
Total liabilities and shareholders’ equity 12,884,104 12,534,160
Hawaiian Electric Company, Inc. and Subsidiaries    
Assets    
Cash and cash equivalents 20,860 12,517
Property, plant and equipment, net of accumulated depreciation 4,344,657 4,248,539
Utility property, plant and equipment    
Land 52,914 53,177
Plant and equipment 6,652,982 6,401,040
Less accumulated depreciation (2,534,428) (2,476,352)
Construction in progress 165,608 263,094
Utility property, plant and equipment, net 4,337,076 4,240,959
Nonutility property, plant and equipment, less accumulated depreciation 7,581 7,580
Total property, plant and equipment, net 4,344,657 4,248,539
Current assets    
Cash and cash equivalents 20,860 12,517
Customer accounts receivable, net 157,260 127,889
Accrued unbilled revenues, net 110,839 107,054
Other accounts receivable, net 6,896 7,163
Fuel oil stock, at average cost 107,016 86,873
Materials and supplies, at average cost 57,941 54,397
Prepayments and other 29,240 25,355
Regulatory assets 103,566 88,390
Total current assets 593,618 509,638
Other long-term assets    
Regulatory assets 756,844 780,907
Other 108,595 91,529
Total other long-term assets 865,439 872,436
Total assets 5,803,714 5,630,613
Liabilities    
Interest and dividends payable 22,684 22,575
Deferred income taxes 388,875 394,041
Capitalization    
Common stock ($6 2/3 par value, authorized 50,000,000 shares; outstanding 16,142,216 shares at June 30, 2018 and December 31, 2017) 107,634 107,634
Premium on capital stock 614,667 614,675
Retained earnings 1,131,185 1,124,193
Accumulated other comprehensive loss, net of tax benefits (1,162) (1,219)
Total shareholders’ equity 1,852,324 1,845,283
Preferred stock, no par value, authorized 10,000,000 shares; issued: none 34,293 34,293
Long-term debt, net 1,418,474 1,318,516
Total capitalization 3,305,091 3,198,092
Commitments and contingencies
Current liabilities    
Current portion of long-term debt 49,983 49,963
Short-term borrowings from non-affiliates 91,880 4,999
Accounts payable 153,759 159,610
Interest and dividends payable 22,684 22,575
Taxes accrued, including revenue taxes 172,063 199,101
Regulatory liabilities 9,787 3,401
Other 59,203 59,456
Total current liabilities 559,359 499,105
Deferred credits and other liabilities    
Deferred income taxes 388,875 394,041
Regulatory liabilities 895,429 877,369
Unamortized tax credits 92,798 90,369
Defined benefit pension and other postretirement benefit plans liability 457,953 472,948
Other 104,209 98,689
Total deferred credits and other liabilities 1,939,264 1,933,416
Shareholders’ equity    
Preferred stock, no par value, authorized 10,000,000 shares; issued: none 34,293 34,293
Retained earnings 1,131,185 1,124,193
Accumulated other comprehensive loss, net of tax benefits (1,162) (1,219)
Total shareholders’ equity 1,852,324 1,845,283
Total liabilities and shareholders’ equity $ 5,803,714 $ 5,630,613