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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 172,054 $ 261,881
Accounts receivable and unbilled revenues, net 336,309 263,209
Available-for-sale investment securities, at fair value 1,387,571 1,401,198
Held-to-maturity investment securities, at amortized cost 102,498 44,515
Stock in Federal Home Loan Bank, at cost 8,158 9,706
Loans held for investment, net 4,700,232 4,617,131
Loans held for sale, at lower of cost or fair value 1,036 11,250
Property, plant and equipment, net of accumulated depreciation 4,694,101 4,460,248
Regulatory assets 830,924 869,297
Other 596,481 513,535
Goodwill 82,190 82,190
Utility property, plant and equipment    
Total property, plant and equipment, net 4,694,101 4,460,248
Current assets    
Cash and cash equivalents 172,054 261,881
Other long-term assets    
Total assets 12,911,554 12,534,160
Liabilities    
Accounts payable 167,192 193,714
Interest and dividends payable 30,280 25,837
Deposit liabilities 6,130,415 5,890,597
Short-term borrowings—other than bank 203,359 117,945
Other bank borrowings 71,110 190,859
Long-term debt, net—other than bank 1,782,242 1,683,797
Deferred income taxes 385,651 388,430
Regulatory liabilities 932,352 880,770
Defined benefit pension and other postretirement benefit plans liability 496,753 509,514
Other 545,862 521,018
Total liabilities 10,745,216 10,402,481
Capitalization    
Retained earnings 527,802 476,836
Accumulated other comprehensive loss, net of tax benefits (63,128) (41,941)
Total shareholders’ equity 2,132,045 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 30,280 25,837
Deferred credits and other liabilities    
Deferred income taxes 385,651 388,430
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 September 30, 2018 and December 31, 2017, respectively 1,667,371 1,662,491
Retained earnings 527,802 476,836
Accumulated other comprehensive loss, net of tax benefits (63,128) (41,941)
Total shareholders’ equity 2,132,045 2,097,386
Total liabilities and shareholders’ equity 12,911,554 12,534,160
Hawaiian Electric Company, Inc. and Subsidiaries    
Assets    
Cash and cash equivalents 7,224 12,517
Property, plant and equipment, net of accumulated depreciation 4,406,519 4,248,539
Utility property, plant and equipment    
Land 53,515 53,177
Plant and equipment 6,720,046 6,401,040
Less accumulated depreciation (2,567,708) (2,476,352)
Construction in progress 193,086 263,094
Utility property, plant and equipment, net 4,398,939 4,240,959
Nonutility property, plant and equipment, less accumulated depreciation 7,580 7,580
Total property, plant and equipment, net 4,406,519 4,248,539
Current assets    
Cash and cash equivalents 7,224 12,517
Customer accounts receivable, net 178,785 127,889
Accrued unbilled revenues, net 127,702 107,054
Other accounts receivable, net 3,378 7,163
Fuel oil stock, at average cost 91,822 86,873
Materials and supplies, at average cost 58,507 54,397
Prepayments and other 60,732 25,355
Regulatory assets 89,430 88,390
Total current assets 617,580 509,638
Other long-term assets    
Regulatory assets 741,494 780,907
Other 116,534 91,529
Total other long-term assets 858,028 872,436
Total assets 5,882,127 5,630,613
Liabilities    
Interest and dividends payable 28,258 22,575
Deferred income taxes 401,069 394,041
Capitalization    
Common stock ($6 2/3 par value, authorized 50,000,000 shares; outstanding 16,142,216 shares at September 30, 2018 and December 31, 2017) 107,634 107,634
Premium on capital stock 614,667 614,675
Retained earnings 1,155,070 1,124,193
Accumulated other comprehensive loss, net of tax benefits (1,134) (1,219)
Total shareholders’ equity 1,876,237 1,845,283
Preferred stock, no par value, authorized 10,000,000 shares; issued: none 34,293 34,293
Long-term debt, net 1,418,631 1,318,516
Total capitalization 3,329,161 3,198,092
Commitments and contingencies
Current liabilities    
Current portion of long-term debt 49,993 49,963
Short-term borrowings from non-affiliates 85,913 4,999
Accounts payable 122,932 159,610
Interest and dividends payable 28,258 22,575
Taxes accrued, including revenue taxes 195,776 199,101
Regulatory liabilities 10,159 3,401
Other 81,054 59,456
Total current liabilities 574,085 499,105
Deferred credits and other liabilities    
Deferred income taxes 401,069 394,041
Regulatory liabilities 922,193 877,369
Unamortized tax credits 93,073 90,369
Defined benefit pension and other postretirement benefit plans liability 460,279 472,948
Other 102,267 98,689
Total deferred credits and other liabilities 1,978,881 1,933,416
Shareholders’ equity    
Preferred stock, no par value, authorized 10,000,000 shares; issued: none 34,293 34,293
Retained earnings 1,155,070 1,124,193
Accumulated other comprehensive loss, net of tax benefits (1,134) (1,219)
Total shareholders’ equity 1,876,237 1,845,283
Total liabilities and shareholders’ equity $ 5,882,127 $ 5,630,613