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SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF REGISTRANT - STATEMENTS OF CASH FLOWS (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Net cash provided by (used in) operating activities $ 487,481 $ 551,471 $ 454,476
Cash flows from investing activities      
Capital expenditures (344,251) (442,727) (339,333)
Other, net 10,330 6,558 14,184
Net cash used in investing activities 258,318 (257,399) (1,128,682)
Cash flows from financing activities      
Net decrease in short-term borrowings with original maturities of three months or less 0 (137,650) 83,652
Proceeds from issuance of short-term debt 50,000 65,000 35,000
Repayment of short-term debt 0 (100,000) 0
Proceeds from issuance of long-term debt 5,475 625,000 227,312
Repayment of long-term debt and funds transferred for repayment of long-term debt (97,698) (167,080) (221,910)
Withheld shares for employee taxes on vested share-based compensation (1,074) (2,371) (3,165)
Net proceeds from issuance of common stock 556,612 1,223 0
Common stock dividends 0 (73,957) (111,229)
Other (13,867) (5,133) (2,041)
Net cash provided by (used in) financing activities 154,705 195,575 567,671
Net increase (decrease) in cash, cash equivalents and restricted cash, including cash from discontinued operations 900,504 489,647 (106,535)
Cash, cash equivalents and restricted cash, including cash from discontinued operations, January 1 694,574 204,927 311,462
Cash, cash equivalents and restricted cash, including cash from discontinued operations, December 31 1,595,078 694,574 204,927
Less: Restricted cash (492,317) (15,028) (5,050)
Cash and cash equivalents from continuing operations, December 31 750,535 244,091 43,728
Hawaiian Electric      
Cash flows from operating activities      
Net cash provided by (used in) operating activities (9,324) 131,873 167,150
Cash flows from investing activities      
Increase in note receivable from subsidiary (5,004) (3,542) (1,140)
Decrease in note receivable from subsidiary 0 0 0
Capital expenditures (214) (21) (224)
Dividend from subsidiary 400,950 0 0
Investments in subsidiaries (510,650) (12,246) (50,629)
Other, net (1,518) 610 1,662
Net cash used in investing activities (116,436) (15,199) (50,331)
Cash flows from financing activities      
Net decrease in short-term borrowings with original maturities of three months or less 0 (49,683) (4,315)
Proceeds from issuance of short-term debt 0 65,000 35,000
Repayment of short-term debt 0 (100,000) 0
Proceeds from issuance of long-term debt 0 100,000 160,000
Repayment of long-term debt and funds transferred for repayment of long-term debt 0 (50,000) (150,000)
Proceeds from issuance of revolving credit facility 0 175,000 0
Repayment of syndicated credit facility (2,000) 0 0
Withheld shares for employee taxes on vested share-based compensation (1,074) (2,371) (3,165)
Net proceeds from issuance of common stock 556,612 1,223 0
Common stock dividends 0 (112,957) (153,229)
Other 0 (771) (978)
Net cash provided by (used in) financing activities 553,538 25,441 (116,687)
Net increase (decrease) in cash, cash equivalents and restricted cash, including cash from discontinued operations 427,778 142,115 132
Cash, cash equivalents and restricted cash, including cash from discontinued operations, January 1 142,726 611 479
Cash, cash equivalents and restricted cash, including cash from discontinued operations, December 31 570,504 142,726 611
Less: Restricted cash (6,320) (6,216) 0
Cash and cash equivalents from continuing operations, December 31 $ 564,184 $ 136,510 $ 611