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Summary of significant accounting policies (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Schedule of future minimum lease payments
HEI's consolidated and the Utilities' future minimum lease payments are as follows:
(in millions)
HEI
 
Hawaiian Electric
2017
$
12

 
$
6

2018
9

 
4

2019
7

 
4

2020
5

 
3

2021
4

 
3

Thereafter
8

 
4

 
$
45

 
$
24

Schedule of earnings per share basic and diluted under two-class method
Under the two-class method of computing EPS, HEI's EPS was comprised as follows for both participating securities (i.e., restricted shares that became fully vested in the fourth quarter of 2014) and unrestricted common stock:
 
 
2014
 
 
Basic

 
Diluted

Distributed earnings
 
$
1.24

 
$
1.24

Undistributed earnings
 
0.41

 
0.39

 
 
$
1.65

 
$
1.63

Schedule of new accounting pronounements
The table below summarizes the impact to the prior period financial statements of the adoption of ASU No. 2015-03:
 
(in thousands)
As
previously
 filed
Adjustment from adoption of ASU No. 2015-03
As
currently reported
 
 
December 31, 2015
 
 
 
 
HEI Consolidated Balance Sheet and Note 3 - Segment financial information (Total assets)
 
 
 
 
Other assets
$
488,635

$
(8,178
)
$
480,457

 
Total assets and Total liabilities and shareholders’ equity
11,790,196

(8,178
)
11,782,018

 
Long-term debt, net-other than bank
1,586,546

(8,178
)
1,578,368

 
Total liabilities
9,828,263

(8,178
)
9,820,085

 
Hawaiian Electric Consolidated Balance Sheet and Note 3 - Segment financial information (Total assets)
 
 
 
 
Unamortized debt expense
8,341

(7,844
)
497

 
Total other long-term assets
908,327

(7,844
)
900,483

 
Total assets and Total capitalization and liabilities
5,680,054

(7,844
)
5,672,210

 
Long-term debt, net
1,286,546

(7,844
)
1,278,702

 
Total capitalization
3,049,164

(7,844
)
3,041,320

 
Note 4 - Hawaiian Electric Consolidating Balance Sheet
 
 
 
 
Hawaiian Electric (parent only)
 
 
 
 
Unamortized debt expense
5,742

(5,383
)
359

 
Total other long-term assets
662,430

(5,383
)
657,047

 
Total assets and Total capitalization and liabilities
4,481,558

(5,383
)
4,476,175

 
Long-term debt, net
880,546

(5,383
)
875,163

 
Total capitalization
2,631,164

(5,383
)
2,625,781

 
Hawaii Electric Light
 
 
 
 
Unamortized debt expense
1,494

(1,420
)
74

 
Total other long-term assets
130,749

(1,420
)
129,329

 
Total assets and Total capitalization and liabilities
955,935

(1,420
)
954,515

 
Long-term debt, net
215,000

(1,420
)
213,580

 
Total capitalization
514,702

(1,420
)
513,282

 
Maui Electric
 
 
 
 
Unamortized debt expense
1,105

(1,041
)
64

 
Total other long-term assets
115,148

(1,041
)
114,107

 
Total assets and Total capitalization and liabilities
831,201

(1,041
)
830,160

 
Long-term debt, net
191,000

(1,041
)
189,959

 
Total capitalization
459,725

(1,041
)
458,684

Summary of amounts in income tax expense related to investments in qualifying affordable housing projects
The table below summarizes the amounts in income tax expense related to ASB's investments in qualifying affordable housing projects:
Years ended December 31
2016

 
2015

 
2014

(in millions)
 

 
 

 
 

Amounts in income taxes related to investments in qualifying affordable housing projects
 

 
 

 
 

   Amortization recognized in the provision for income taxes
$
(5.8
)
 
$
(5.4
)
 
$
(3.6
)
   Tax credits and other tax benefits recognized in the provision for income taxes
8.4

 
8.0

 
5.4

         Net benefit to income tax expense
$
2.6

 
$
2.6

 
$
1.8