Cash flows

12 Months Ended

Dec. 31, 2023

Supplemental Cash Flow Elements [Abstract]

Cash flows

Note 14 · Cash flows

Years ended December 31	2023		2022		2021
(in millions)
Supplemental disclosures of cash flow information
HEI consolidated
Interest paid to non-affiliates, net of amounts capitalized	$	170	$	106	$	98
Income taxes paid (net of refundable credits)	28		41		41
Income taxes refunded (including refundable credits)	1		2		7
Hawaiian Electric consolidated
Interest paid to non-affiliates, net of amounts capitalized	74		69		71
Income taxes paid (net of refundable credits)	39		67		45
Income taxes refunded (including refundable credits)	2		—		5
Supplemental disclosures of noncash activities
HEI consolidated
Property, plant and equipment-Unpaid invoices and accruals for capital expenditures, balance, end of period (investing)	43		68		48
Common stock dividends reinvested in HEI common stock (financing) 1	5		—		—
Loans transferred from held for investment to held for sale (investing)	106		—		61
Real estate transferred from property, plant and equipment to other assets held-for-sale (investing)	—		—		3
Transfer of retail repurchase agreements to deposit liabilities (financing)	98		—		—
Right-of-use assets obtained in exchange for operating lease obligations (investing)	1		51		44
Property, plant, equipment and other assets received in exchange for the assumption of debt associated with a business acquisition (investing)	—		68		—
Debt, lease liabilities and other liabilities assumed in business acquisition (financing)	—		68		—
Common stock issued (gross) for director and executive/management compensation (financing)1	8		10		7
Obligations to fund low income housing investments, net (investing)	18		9		36
Transfer of securities from available for sale to held to maturities (investing)	—		755		—
Hawaiian Electric consolidated
Electric utility property, plant and equipment-Unpaid invoices and accruals for capital expenditures, balance, end of period (investing)	42		64		43
Right-of-use assets obtained in exchange for operating lease obligations (investing)	—		44		44
HEI Consolidated and Hawaiian Electric consolidated
Electric utility property, plant and equipment
Estimated fair value of noncash contributions in aid of construction (investing)	21		14		8
Increase related to an acquisition (investing)	—		15		—
Right-of-use assets obtained in exchange for finance lease obligations (financing)	294		48		—

1 The amounts shown represent the market value of common stock issued for director and executive/management compensation and withheld to satisfy statutory tax liabilities.