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Consolidated Statements of Cash Flows - HECO (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities    
Net income $ 123,920 $ 126,239
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation of property, plant and equipment 120,355 112,946
Other amortization 2,352 4,811
Change in deferred income taxes 60,580 82,582
Allowance for equity funds used during construction (4,030) (5,548)
Changes in assets and liabilities    
Decrease (increase) in fuel oil stock 24,332 (31,372)
Increase in regulatory assets (53,314) (57,793)
Decrease in prepaid and accrued income taxes and utility revenue taxes (19,212) (5,121)
Contributions to defined benefit pension and other postretirement benefit plans (62,279) (64,006)
Other increase in defined benefit pension and other postretirement benefit plans liability 61,770 49,950
Change in other assets and liabilities (20,462) (62,563)
Net cash provided by (used in) operating activities 246,726 121,604
Cash flows from investing activities    
Capital expenditures (247,392) (225,961)
Contributions in aid of construction 23,633 33,106
Other 3,035 865
Net cash used in investing activities (363,424) (297,249)
Cash flows from financing activities    
Common stock dividends (73,584) (71,966)
Proceeds from issuance of long-term debt 50,000 457,000
Repayment of long-term debt (50,000) (368,500)
Net increase in short-term borrowings from non-affiliates and affiliate with original maturities of three months or less 47,648 13,398
Other (4,033) (6,314)
Net cash provided by (used in) financing activities 112,078 73,892
Net decrease in cash and cash equivalents (4,620) (101,753)
Hawaiian Electric Company, Inc. and Subsidiaries
   
Cash flows from operating activities    
Net income 92,435 96,547
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation of property, plant and equipment 115,865 108,556
Other amortization 2,470 4,074
Change in deferred income taxes 48,014 82,717
Change in tax credits, net 4,510 3,642
Allowance for equity funds used during construction (4,030) (5,548)
Changes in assets and liabilities    
Decrease (increase) in accounts receivable 42,077 (36,907)
Decrease (increase) in accrued unbilled revenues (5,603) 5,736
Decrease (increase) in fuel oil stock 24,332 (31,372)
Increase in materials and supplies (8,349) (7,305)
Increase in regulatory assets (53,314) (57,793)
Decrease in accounts payable (22,974) (3,481)
Decrease in prepaid and accrued income taxes and utility revenue taxes (15,416) (20,665)
Contributions to defined benefit pension and other postretirement benefit plans (60,876) (62,417)
Other increase in defined benefit pension and other postretirement benefit plans liability 62,364 49,861
Change in other assets and liabilities (10,195) (45,633)
Net cash provided by (used in) operating activities 211,310 80,012
Cash flows from investing activities    
Capital expenditures (237,869) (220,970)
Contributions in aid of construction 23,633 33,106
Other 427 0
Net cash used in investing activities (213,809) (187,864)
Cash flows from financing activities    
Common stock dividends (61,183) (54,783)
Preferred stock dividends of HECO and subsidiaries (1,496) (1,496)
Proceeds from issuance of long-term debt 0 457,000
Repayment of long-term debt 0 (368,500)
Net increase in short-term borrowings from non-affiliates and affiliate with original maturities of three months or less 73,246 44,719
Other (42) (2,172)
Net cash provided by (used in) financing activities 10,525 74,768
Net decrease in cash and cash equivalents 8,026 (33,084)
Cash and cash equivalents, beginning of period 17,159 48,806
Cash and cash equivalents, end of period $ 25,185 $ 15,722