XML 95 R69.htm IDEA: XBRL DOCUMENT v3.3.0.814
Retirement benefits (Details) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Defined benefit plans          
Expected payments $ 2,000,000   $ 2,000,000    
Payments for benefits         $ 2,000,000
Retirement benefits expense     $ 18,000,000 $ 17,000,000  
Number of years for which regulatory asset/liability for each utility will be amortized, beginning with respective utility's next rate case     5 years    
Defined contribution plan, expenses recognized     $ 2,700,000 2,200,000  
Cash contributions by the employer to defined contribution plan     3,400,000 3,500,000  
Pension benefits          
Defined benefit plans          
Contributions made to defined benefit plans     44,000,000 30,000,000  
Service cost 16,640,000 $ 12,525,000 33,106,000 24,652,000  
Interest cost 19,363,000 18,113,000 38,502,000 36,114,000  
Expected return on plan assets (22,149,000) (20,334,000) (44,300,000) (40,681,000)  
Amortization of prior service gain 1,000 22,000 2,000 44,000  
Amortization of net actuarial loss 9,455,000 5,138,000 18,417,000 10,176,000  
Net periodic benefit cost 23,310,000 15,464,000 45,727,000 30,305,000  
Impact of PUC D&Os (10,464,000) (3,651,000) (19,977,000) (6,662,000)  
Net periodic benefit cost (adjusted for impact of PUC D&Os) 12,846,000 11,813,000 25,750,000 23,643,000  
Other benefits          
Defined benefit plans          
Contributions expected to be paid in current year     88,000,000   60,000,000
Service cost 1,094,000 866,000 1,963,000 1,749,000  
Interest cost 2,268,000 2,117,000 4,503,000 4,277,000  
Expected return on plan assets (2,934,000) (2,748,000) (5,841,000) (5,456,000)  
Amortization of prior service gain (449,000) (449,000) (897,000) (897,000)  
Amortization of net actuarial loss 466,000 (3,000) 896,000 (6,000)  
Net periodic benefit cost 445,000 (217,000) 624,000 (333,000)  
Impact of PUC D&Os (218,000) 543,000 (120,000) 988,000  
Net periodic benefit cost (adjusted for impact of PUC D&Os) 227,000 326,000 504,000 655,000  
American Savings Bank (ASB) | Other benefits          
Defined benefit plans          
Contributions expected to be paid in current year     0   0
Hawaiian Electric Industries, Inc. | Other benefits          
Defined benefit plans          
Contributions expected to be paid in current year     2,000,000   1,000,000
HECO Consolidated          
Defined benefit plans          
Expected payments 1,000,000   1,000,000    
Payments for benefits         1,000,000
Retirement benefits expense     15,000,000 16,000,000  
Defined contribution plan, expenses recognized     700,000 400,000  
Cash contributions by the employer to defined contribution plan     700,000 400,000  
HECO Consolidated | Pension benefits          
Defined benefit plans          
Contributions made to defined benefit plans     43,000,000 29,000,000  
Service cost 16,148,000 12,101,000 32,131,000 23,798,000  
Interest cost 17,749,000 16,553,000 35,265,000 32,989,000  
Expected return on plan assets (20,639,000) (18,158,000) (41,271,000) (36,329,000)  
Amortization of prior service gain 10,000 16,000 20,000 31,000  
Amortization of net actuarial loss 8,592,000 4,669,000 16,686,000 9,229,000  
Net periodic benefit cost 21,860,000 15,181,000 42,831,000 29,718,000  
Impact of PUC D&Os (10,464,000) (3,651,000) (19,977,000) (6,662,000)  
Net periodic benefit cost (adjusted for impact of PUC D&Os) 11,396,000 11,530,000 22,854,000 23,056,000  
HECO Consolidated | Other benefits          
Defined benefit plans          
Contributions expected to be paid in current year     86,000,000   $ 59,000,000
Service cost 1,080,000 840,000 1,935,000 1,696,000  
Interest cost 2,191,000 2,038,000 4,350,000 4,117,000  
Expected return on plan assets (2,889,000) (2,707,000) (5,748,000) (5,370,000)  
Amortization of prior service gain (451,000) (451,000) (902,000) (902,000)  
Amortization of net actuarial loss 455,000 0 877,000 0  
Net periodic benefit cost 386,000 (280,000) 512,000 (459,000)  
Impact of PUC D&Os (218,000) 543,000 (120,000) 988,000  
Net periodic benefit cost (adjusted for impact of PUC D&Os) $ 168,000 $ 263,000 $ 392,000 $ 529,000