XML 83 R68.htm IDEA: XBRL DOCUMENT v3.5.0.2
Retirement benefits (Details) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Defined benefit plans          
Expected payments for remainder of fiscal year $ 2,000,000   $ 2,000,000    
Payments for benefits         $ 1,000,000
Retirement benefits expense     $ 18,000,000 $ 18,000,000  
Number of years for which regulatory asset/liability for each utility will be amortized, beginning with respective utility's next rate case     5 years    
Defined contribution plan, expenses recognized     $ 2,800,000 2,700,000  
Cash contributions by the employer to defined contribution plan     3,700,000 3,400,000  
Pension benefits          
Defined benefit plans          
Contributions made to defined benefit plans     33,000,000 44,000,000  
Contributions expected to be paid in current year     65,000,000   88,000,000
Service cost 14,913,000 $ 16,640,000 30,304,000 33,106,000  
Interest cost 20,481,000 19,363,000 40,758,000 38,502,000  
Expected return on plan assets (24,616,000) (22,149,000) (49,280,000) (44,300,000)  
Amortization of net prior service loss (gain) (14,000) 1,000 (28,000) 2,000  
Amortization of net actuarial loss 6,408,000 9,455,000 12,377,000 18,417,000  
Net periodic benefit cost 17,172,000 23,310,000 34,131,000 45,727,000  
Impact of PUC D&Os (4,765,000) (10,464,000) (8,811,000) (19,977,000)  
Net periodic benefit cost (adjusted for impact of PUC D&Os) 12,407,000 12,846,000 25,320,000 25,750,000  
Pension benefits | American Savings Bank (ASB)          
Defined benefit plans          
Contributions expected to be paid in current year     0   0
Other benefits          
Defined benefit plans          
Service cost 832,000 1,094,000 1,668,000 1,963,000  
Interest cost 2,363,000 2,268,000 4,837,000 4,503,000  
Expected return on plan assets (3,091,000) (2,934,000) (6,143,000) (5,841,000)  
Amortization of net prior service loss (gain) (448,000) (449,000) (896,000) (897,000)  
Amortization of net actuarial loss 116,000 466,000 403,000 896,000  
Net periodic benefit cost (228,000) 445,000 (131,000) 624,000  
Impact of PUC D&Os 483,000 (218,000) 672,000 (120,000)  
Net periodic benefit cost (adjusted for impact of PUC D&Os) 255,000 227,000 541,000 504,000  
Hawaiian Electric Company, Inc. and Subsidiaries          
Defined benefit plans          
Expected payments for remainder of fiscal year 1,000,000   1,000,000    
Payments for benefits         400,000
Retirement benefits expense     16,000,000 15,000,000  
Defined contribution plan, expenses recognized     800,000 700,000  
Cash contributions by the employer to defined contribution plan     800,000 700,000  
Hawaiian Electric Company, Inc. and Subsidiaries | Pension benefits          
Defined benefit plans          
Contributions made to defined benefit plans     32,000,000 43,000,000  
Contributions expected to be paid in current year     64,000,000   86,000,000
Service cost 14,465,000 16,148,000 29,398,000 32,131,000  
Interest cost 18,801,000 17,749,000 37,404,000 35,265,000  
Expected return on plan assets (22,885,000) (20,639,000) (45,817,000) (41,271,000)  
Amortization of net prior service loss (gain) 3,000 10,000 7,000 20,000  
Amortization of net actuarial loss 5,885,000 8,592,000 11,346,000 16,686,000  
Net periodic benefit cost 16,269,000 21,860,000 32,338,000 42,831,000  
Impact of PUC D&Os (4,765,000) (10,464,000) (8,811,000) (19,977,000)  
Net periodic benefit cost (adjusted for impact of PUC D&Os) 11,504,000 11,396,000 23,527,000 22,854,000  
Hawaiian Electric Company, Inc. and Subsidiaries | Other benefits          
Defined benefit plans          
Service cost 820,000 1,080,000 1,642,000 1,935,000  
Interest cost 2,280,000 2,191,000 4,669,000 4,350,000  
Expected return on plan assets (3,046,000) (2,889,000) (6,049,000) (5,748,000)  
Amortization of net prior service loss (gain) (451,000) (451,000) (902,000) (902,000)  
Amortization of net actuarial loss 113,000 455,000 397,000 877,000  
Net periodic benefit cost (284,000) 386,000 (243,000) 512,000  
Impact of PUC D&Os 483,000 (218,000) 672,000 (120,000)  
Net periodic benefit cost (adjusted for impact of PUC D&Os) $ 199,000 $ 168,000 429,000 $ 392,000  
Hawaiian Electric Industries, Inc. | Pension benefits          
Defined benefit plans          
Contributions expected to be paid in current year     $ 1,000,000   $ 2,000,000