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Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Lease, Cost

	HEI consolidated										Hawaiian Electric consolidated
Three months ended March 31, 2019 (in thousands)	Other leases			PPAs classified as leases			Total				Other leases			PPAs classified as leases			Total
Operating lease cost	$	2,684		$	15,478		$	18,162			$	1,486		$	15,478		$	16,964
Variable lease cost	2,804			41,280			44,084				2,086			41,280			43,366
Total lease cost	$	5,488		$	56,758		$	62,246			$	3,572		$	56,758		$	60,330
Other information
Cash paid for amounts included in the measurement of lease liabilities—Operating cash flows from operating leases	$	2,586		$	15,037		$	17,623			$	1,397		$	15,037		$	16,434
Weighted-average remaining lease term—operating leases (in years)	6.7			3.5			4.0				5.0			3.5			3.6
Weighted-average discount rate—operating leases	3.71		%	4.08		%	4.01		%		4.17		%	4.08		%	4.09		%

Schedule of Annual Undiscounted Cash Flows on Operating Lease Liabilities

The following table summarizes the maturity of our operating lease liabilities as of March 31, 2019:

	HEI consolidated										Hawaiian Electric consolidated
(in millions)	Other leases			PPAs classified as leases			Total				Other leases			PPAs classified as leases			Total
2019 (remaining months)	$	8		$	48		$	56			$	4		$	48		$	52
2020	10			63			73				6			63			69
2021	8			63			71				5			63			68
2022	5			42			47				2			42			44
2023	4			—			4				2			—			2
Thereafter	11			—			11				3			—			3
Total lease payments	46			216			262				22			216			238
Less: Imputed interest	(6		)	(15		)	(21		)		(2		)	(15		)	(17		)
Total present value of lease payments	$	40		$	201		$	241			$	20		$	201		$	221

The future minimum lease obligations under operating leases in effect as of December 31, 2018, having a term in excess of one year as determined prior to the adoption of ASC 842 are as follows:

	HEI consolidated										Hawaiian Electric consolidated
(in millions)	Other leases			PPAs classified as leases			Total				Other leases			PPAs classified as leases			Total
2019	$	11		$	63		$	74			$	6		$	63		$	69
2020	9			63			72				6			63			69
2021	8			63			71				5			63			68
2022	5			42			47				2			42			44
2023	4			—			4				2			—			2
Thereafter	12			—			12				3			—			3
Total lease payments	$	49		$	231		$	280			$	24		$	231		$	255

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980

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X

- References

No definition available.

+ Details

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X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980

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