Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities
Net income	$ 83,253	$ 89,146
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property, plant and equipment	119,367	114,863
Other amortization	26,055	22,439
Provision for credit losses	25,534	14,558
Loans originated, held for sale	(277,738)	(96,033)
Proceeds from sale of loans, held for sale	259,268	89,573
Gain on sale of investment securities, net	(9,275)	0
Gain on sale of loans	(8,252)	(1,589)
Deferred income taxes	(21,565)	(6,662)
Bad debt expense	1,089	802
Share-based compensation expense	4,059	5,883
Allowance for equity funds used during construction	(4,209)	(6,085)
Other	(3,854)	(4,929)
Changes in assets and liabilities
Decrease in accounts receivable and unbilled revenues, net	23,458	12,048
Decrease (increase) in fuel oil stock	31,583	(40,557)
Decrease in regulatory assets	9,432	25,392
Increase (decrease) in regulatory liabilities	1,717	(3,403)
Increase (decrease) in accounts, interest and dividends payable	(48,336)	3,926
Change in prepaid and accrued income taxes, tax credits and utility revenue taxes	(12,306)	(45,977)
Increase (decrease) in defined benefit pension and other postretirement benefit plans liability	16,312	(1,774)
Change in other assets and liabilities	(17,120)	(37,413)
Net cash provided by operating activities	197,383	133,406
Cash flows from investing activities
Available-for-sale investment securities purchased	(476,582)	(4,530)
Principal repayments on available-for-sale investment securities	181,451	123,855
Proceeds from sale of available-for-sale investment securities	169,157	0
Principal repayments of held-to-maturity investment securities	15,093	4,774
Purchase of stock from Federal Home Loan Bank	(22,966)	(53,115)
Redemption of stock from Federal Home Loan Bank	21,520	54,640
Net increase in loans held for investment	(328,356)	(173,546)
Proceeds from sale of low-income housing investments	6,725	0
Capital expenditures	(197,816)	(229,282)
Contributions to low income housing investments	(1,951)	(4,069)
Other	4,469	6,143
Net cash used in investing activities	(629,256)	(275,130)
Cash flows from financing activities
Net increase in deposit liabilities	758,050	98,531
Net increase (decrease) in short-term borrowings with original maturities of three months or less	(119,211)	112,901
Net increase (decrease) in other bank borrowings with original maturities of three months or less	(20,135)	1,445
Proceeds from issuance of short-term debt	165,000	25,000
Repayment of short-term debt	(100,000)	0
Proceeds from issuance of other bank borrowings	30,000	0
Proceeds from issuance of long-term debt	351,942	56,150
Repayment of long-term debt and funds transferred for repayment of long-term debt	(177,245)	(52,489)
Withheld shares for employee taxes on vested share-based compensation	(5,700)	(996)
Common stock dividends	(72,037)	(69,720)
Preferred stock dividends of subsidiaries	(946)	(946)
Other	(1,672)	1,189
Net cash provided by financing activities	808,046	171,065
Net increase in cash, cash equivalents and restricted cash	376,173	29,341
Cash, cash equivalents and restricted cash, beginning of period	227,685	169,208
Cash, cash equivalents and restricted cash, end of period	603,858	198,549
Less: Restricted cash	(29,376)	0
Cash and cash equivalents, end of period	574,482	198,549
Hawaiian Electric Company, Inc. and Subsidiaries
Cash flows from operating activities
Net income	67,232	65,698
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property, plant and equipment	111,546	107,860
Other amortization	16,275	13,661
Deferred income taxes	(16,237)	(6,611)
State refundable credit	(5,060)	(4,192)
Allowance for equity funds used during construction	(4,209)	(6,085)
Other	116	639
Changes in assets and liabilities
Decrease in accounts receivable	10,730	9,201
Decrease in accrued unbilled revenues	15,780	2,581
Decrease (increase) in fuel oil stock	31,458	(41,706)
Increase in materials and supplies	(5,542)	(5,890)
Decrease in regulatory assets	9,432	25,392
Increase (decrease) in regulatory liabilities	1,717	(3,403)
Decrease in accounts payable	(48,209)	(45)
Change in prepaid and accrued income taxes, tax credits and utility revenue taxes	(14,700)	(45,785)
Increase (decrease) in defined benefit pension and other postretirement benefit plans liability	14,968	(1,899)
Change in other assets and liabilities	(4,918)	(9,402)
Net cash provided by operating activities	181,468	100,816
Cash flows from investing activities
Capital expenditures	(186,532)	(199,896)
Other	5,441	2,510
Net cash used in investing activities	(181,091)	(197,386)
Cash flows from financing activities
Net increase (decrease) in short-term borrowings with original maturities of three months or less	100,000	25,000
Net increase (decrease) in other bank borrowings with original maturities of three months or less	(38,987)	111,901
Proceeds from issuance of short-term debt	100,000	25,000
Repayment of short-term debt	(100,000)	0
Proceeds from issuance of long-term debt	255,000	50,000
Repayment of long-term debt and funds transferred for repayment of long-term debt	(109,000)	(51,546)
Common stock dividends	(53,568)	(50,626)
Preferred stock dividends of Hawaiian Electric and subsidiaries	(998)	(998)
Other	(1,347)	323
Net cash provided by financing activities	51,100	84,054
Net increase in cash, cash equivalents and restricted cash	51,477	(12,516)
Cash, cash equivalents and restricted cash, beginning of period	41,894	35,877
Cash, cash equivalents and restricted cash, end of period	93,371	23,361
Less: Restricted cash	(29,376)	0
Cash and cash equivalents, end of period	$ 63,995	$ 23,361