Shareholders' equity (Tables)

3 Months Ended

Mar. 31, 2024

Changes in the balances of each component of accumulated other comprehensive income/(loss) (AOCI) were as follows:


	HEI Consolidated								Hawaiian Electric Consolidated
(in thousands)	Net unrealized gains (losses) on securities		Unrealized gains (losses) on derivatives		Retirement benefit plans		AOCI		AOCI-Retirement benefit plans
Balance, December 31, 2023	$	(282,963)	$	1,638	$	(8,025)	$	(289,350)	$	2,849
Current period other comprehensive income (loss)	(10,503)		692		10		(9,801)		(49)
Balance, March 31, 2024	$	(293,466)	$	2,330	$	(8,015)	$	(299,151)	$	2,800
Balance, December 31, 2022	$	(328,904)	$	1,991	$	(9,115)	$	(336,028)	$	2,861
Current period other comprehensive income (loss)	20,282		138		68		20,488		(45)
Balance, March 31, 2023	$	(308,622)	$	2,129	$	(9,047)	$	(315,540)	$	2,816

Reclassifications out of AOCI were as follows:


		Amount reclassified from AOCI					Affected line item in the Statements of Income / Balance Sheets
	Three months ended March 31
(in thousands)			2024		2023

HEI consolidated


Amortization of unrealized holding losses on held-to-maturity securities			$	3,086	$	3,677	Bank revenues


Net realized gains on derivatives qualifying as cash flow hedges			(48)		(48)		Interest expense
Retirement benefit plans:
Amortization of prior service credit and net gains recognized during the period in net periodic benefit cost			(449)		(357)		See Note 9 for additional details
Impact of D&Os of the PUC included in regulatory assets			459		425		See Note 9 for additional details
Total reclassifications			$	3,048	$	3,697
Hawaiian Electric consolidated


Retirement benefit plans:
Amortization of prior service credit and net gains recognized during the period in net periodic benefit cost			$	(508)	$	(470)	See Note 9 for additional details
Impact of D&Os of the PUC included in regulatory assets			459		425		See Note 9 for additional details
Total reclassifications			$	(49)	$	(45)