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Consolidated Balance Sheets - HECO - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Utility property, plant and equipment    
Total property, plant and equipment, net $ 5,392,068 $ 5,265,735
Current assets    
Cash and cash equivalents 305,551 341,421
Restricted cash 5,900 17,600
Other long-term assets    
Operating lease right-of-use-assets 122,416 153,069
Total assets 15,822,637 15,004,007
Capitalization    
Common stock equity 2,390,884 2,337,502
Commitments and contingencies
Current liabilities    
Interest and dividends payable 19,889 23,547
Deferred credits and other liabilities    
Deferred income taxes 384,760 395,089
Total capitalization and liabilities 15,822,637 15,004,007
Hawaiian Electric Company, Inc. and Subsidiaries    
Utility property, plant and equipment    
Land 51,937 51,611
Plant and equipment 7,735,983 7,509,343
Less accumulated depreciation (2,940,517) (2,819,079)
Construction in progress 204,569 188,342
Utility property, plant and equipment, net 5,051,972 4,930,217
Nonutility property, plant and equipment, less accumulated depreciation of $59 and $115 as of December 31, 2021 and 2020, respectively 6,949 6,953
Total property, plant and equipment, net 5,058,921 4,937,170
Current assets    
Cash and cash equivalents 52,169 47,360
Restricted cash 3,089 15,966
Customer accounts receivable, net 186,859 147,832
Accrued unbilled revenues, net 129,155 101,036
Other accounts receivable, net 7,267 7,673
Fuel oil stock, at average cost 104,078 58,238
Materials and supplies, at average cost 71,877 67,344
Prepayments and other 46,031 44,083
Regulatory assets 66,664 30,435
Total current assets 667,189 519,967
Other long-term assets    
Operating lease right-of-use-assets 101,470 127,654
Regulatory assets 498,879 736,273
Other 165,166 136,309
Total other long-term assets 765,515 1,000,236
Total assets 6,491,625 6,457,373
Capitalization    
Common stock equity 2,261,899 2,141,918
Cumulative preferred stock – not subject to mandatory redemption 34,293 34,293
Commitments and contingencies
Long-term debt, net 1,624,427 1,561,302
Total capitalization 3,920,619 3,737,513
Current liabilities    
Current portion of operating lease liabilities 49,368 64,730
Current portion of long-term debt, net 51,975 0
Short-term borrowings from non-affiliate 0 49,979
Accounts payable 160,007 133,849
Interest and dividends payable 17,325 20,350
Taxes accrued, including revenue taxes 208,280 192,524
Regulatory liabilities 29,760 37,301
Other 71,569 74,262
Total current liabilities 588,284 572,995
Deferred credits and other liabilities    
Operating lease liabilities 65,780 69,494
Deferred income taxes 408,634 397,798
Regulatory liabilities 967,008 922,485
Unamortized tax credits 103,945 111,915
Defined benefit pension and other postretirement benefit plans liability 321,780 530,532
Other 115,575 114,641
Total deferred credits and other liabilities 1,982,722 2,146,865
Total capitalization and liabilities $ 6,491,625 $ 6,457,373