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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]

    

Value of Initial Fixed $100

Fiscal
Year

   

Summary 
Compensation
Table Total For 
PEO ($)(1)

   

Compensation
Actually Paid
to PEO ($)(2)

   

Compensation
Table Total for
Non-PEO NEOs
($)(3)

   

Average
Compensation
Actually Paid Non-
PEO NEOs ($)(4)

   

Total
Shareholder
Return (TSR)

   

Peer Group
Total
Shareholder
Return(5)

   

Net Income
($ in millions)

   

EBITDA
($ in millions)

 

(a)

(b)

(c)

(d)

(e)

(f)

(g)

(h)

(i)

2020

5,477,333

15,959,815

1,966,849

4,478,273

143

112

193.1

423.7

2021

5,957,058

18,441,621

2,131,642

5,339,084

229

151

927.4

1,350.3

2022

6,027,870

838,314

2,076,267

719,551

162

108

1,063.9

1,526.2

(1)

The dollar amounts reported are the amounts of total compensation reported in the Summary Compensation Table (“SCT”) for our CEO (“Principal Executive Officer” or “PEO”).

(2)

The dollar amounts reported represent the amount of CAP for the PEO, as computed in accordance with SEC rules. The dollar amounts do not reflect the actual amount of compensation earned by or paid to an executive during the applicable year. CAP includes year-over-year changes in the value of unvested equity awards, and therefore may not reflect the value ultimately realized upon vesting of the awards. In accordance with SEC rules, the following adjustments were made to total compensation to determine the CAP:

Year

   

SCT
Total
($)

   

Less SCT
Stock
Awards
($)(a)

   

Less SCT
Pension
Value
($)(b)

   

Plus CAP
Equity Adjustment
($)(c)

   

Plus CAP
Pension
Adjustment
($)(d)

   

Compensation
Actually Paid
($)

 

2020

5,477,333

2,662,521

362,244

13,411,142

96,105

15,959,815

2021

5,957,058

3,184,092

112,142

15,679,416

101,381

18,441,621

2022

6,027,870

3,341,181

(1,978,185)

129,810

838,314

(a)

The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the Summary Compensation Table for the applicable year.

(b)

Represents change in actuarial present value of defined benefit retirement plans for the covered fiscal year.

(c)

The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the

applicable year; and (iii) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:

Year

    

Year-end Fair
Value of
Equity
Awards 
Granted 
During the Year
($)

    

Year Over Year Change in 
Fair Value of Outstanding 
and Unvested Equity
Awards
($)

    

Year Over Year Change
in Fair Value of Equity
Awards Granted in
Prior Years that Vested
in the Year
($)

    

Total Equity 
Award
Adjustments
($)

 

2020

6,279,437

7,257,784

(126,079)

13,411,142

2021

6,804,516

7,725,233

1,149,667

15,679,416

2022

1,981,115

(4,447,058)

487,758

(1,978,185)

(d)

Represents defined benefit retirement plan service cost attributed to services rendered during the covered fiscal year.

(3)

The dollar amounts reported represent the average of the amounts reported for the Company’s NEOs as a group (excluding our CEO) in the “Total” column of the SCT in each applicable year. The names of each of the NEOs (excluding our CEO) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2022, Joel M. Wine, Peter T. Heilmann, John P. Lauer, and Rusty K. Rolfe; and (ii) for 2021 and 2020, Joel M. Wine, Ronald J. Forest, Peter T. Heilmann, and John P. Lauer.

(4)

The dollar amounts reported represent the average amount of CAP for the NEOs as a group (excluding our CEO), as computed in accordance with SEC rules. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group (excluding our CEO) during the applicable year. CAP includes year-over-year changes in the value of unvested equity awards, and therefore may not reflect the value ultimately realized upon vesting of the awards. In accordance with SEC rules, the following adjustments were made to average total compensation for the NEOs as a group (excluding our CEO) for each year to determine the CAP:

Year

    

SCT 
Total ($)

    

Less SCT
Stock
Awards
($)(a)

    

Less SCT
Pension
Value
($)(b)

    

Plus CAP
Equity
Adjustment
($)(c)

    

Plus CAP
Pension
Adjustment
($)(d)

    

Compensation
Actually Paid
($)

 

2020

1,966,849

753,591

83,785

3,311,416

37,384

4,478,273

2021

2,131,642

878,384

28,243

4,075,589

38,480

5,339,084

2022

2,076,267

891,106

(512,818)

47,208

719,551

(a)

The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the Summary Compensation Table for the applicable year.

(b)

Represents change in actuarial present value of defined benefit retirement plans for the covered fiscal year.

(c)

The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; and (iii) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:

Year

    

Year-end Fair
Value of Equity Awards
Granted
During the
Year ($)

    

Year Over Year Change in 
Fair Value of Outstanding
and Unvested Equity
Awards ($)

    

Year Over Year Change
in Fair Value of Equity
Awards Granted in
Prior Years that Vested
in the Year ($)

    

Total Equity
Award
Adjustments
($)

 

2020

1,777,310

1,596,777

(62,671)

3,311,416

2021

1,877,186

1,937,980

260,423

4,075,589

2022

528,368

(1,140,610)

99,424

(512,818)

(d)

Represents defined benefit retirement plan service cost attributed to services rendered during the covered fiscal year.

(5)

S&P Transportation Select Industry Index

   
Company Selected Measure Name EBITDA    
Named Executive Officers, Footnote [Text Block]

(3)

The dollar amounts reported represent the average of the amounts reported for the Company’s NEOs as a group (excluding our CEO) in the “Total” column of the SCT in each applicable year. The names of each of the NEOs (excluding our CEO) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2022, Joel M. Wine, Peter T. Heilmann, John P. Lauer, and Rusty K. Rolfe; and (ii) for 2021 and 2020, Joel M. Wine, Ronald J. Forest, Peter T. Heilmann, and John P. Lauer.

   
Peer Group Issuers, Footnote [Text Block]

(5)

S&P Transportation Select Industry Index

   
PEO Total Compensation Amount $ 6,027,870 $ 5,957,058 $ 5,477,333
PEO Actually Paid Compensation Amount $ 838,314 18,441,621 15,959,815
Adjustment To PEO Compensation, Footnote [Text Block]

(2)

The dollar amounts reported represent the amount of CAP for the PEO, as computed in accordance with SEC rules. The dollar amounts do not reflect the actual amount of compensation earned by or paid to an executive during the applicable year. CAP includes year-over-year changes in the value of unvested equity awards, and therefore may not reflect the value ultimately realized upon vesting of the awards. In accordance with SEC rules, the following adjustments were made to total compensation to determine the CAP:

Year

   

SCT
Total
($)

   

Less SCT
Stock
Awards
($)(a)

   

Less SCT
Pension
Value
($)(b)

   

Plus CAP
Equity Adjustment
($)(c)

   

Plus CAP
Pension
Adjustment
($)(d)

   

Compensation
Actually Paid
($)

 

2020

5,477,333

2,662,521

362,244

13,411,142

96,105

15,959,815

2021

5,957,058

3,184,092

112,142

15,679,416

101,381

18,441,621

2022

6,027,870

3,341,181

(1,978,185)

129,810

838,314

(a)

The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the Summary Compensation Table for the applicable year.

(b)

Represents change in actuarial present value of defined benefit retirement plans for the covered fiscal year.

(c)

The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the

applicable year; and (iii) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:

Year

    

Year-end Fair
Value of
Equity
Awards 
Granted 
During the Year
($)

    

Year Over Year Change in 
Fair Value of Outstanding 
and Unvested Equity
Awards
($)

    

Year Over Year Change
in Fair Value of Equity
Awards Granted in
Prior Years that Vested
in the Year
($)

    

Total Equity 
Award
Adjustments
($)

 

2020

6,279,437

7,257,784

(126,079)

13,411,142

2021

6,804,516

7,725,233

1,149,667

15,679,416

2022

1,981,115

(4,447,058)

487,758

(1,978,185)

(d)

Represents defined benefit retirement plan service cost attributed to services rendered during the covered fiscal year.

   
Non-PEO NEO Average Total Compensation Amount $ 2,076,267 2,131,642 1,966,849
Non-PEO NEO Average Compensation Actually Paid Amount $ 719,551 5,339,084 4,478,273
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

(4)

The dollar amounts reported represent the average amount of CAP for the NEOs as a group (excluding our CEO), as computed in accordance with SEC rules. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group (excluding our CEO) during the applicable year. CAP includes year-over-year changes in the value of unvested equity awards, and therefore may not reflect the value ultimately realized upon vesting of the awards. In accordance with SEC rules, the following adjustments were made to average total compensation for the NEOs as a group (excluding our CEO) for each year to determine the CAP:

Year

    

SCT 
Total ($)

    

Less SCT
Stock
Awards
($)(a)

    

Less SCT
Pension
Value
($)(b)

    

Plus CAP
Equity
Adjustment
($)(c)

    

Plus CAP
Pension
Adjustment
($)(d)

    

Compensation
Actually Paid
($)

 

2020

1,966,849

753,591

83,785

3,311,416

37,384

4,478,273

2021

2,131,642

878,384

28,243

4,075,589

38,480

5,339,084

2022

2,076,267

891,106

(512,818)

47,208

719,551

(a)

The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the Summary Compensation Table for the applicable year.

(b)

Represents change in actuarial present value of defined benefit retirement plans for the covered fiscal year.

(c)

The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; and (iii) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:

Year

    

Year-end Fair
Value of Equity Awards
Granted
During the
Year ($)

    

Year Over Year Change in 
Fair Value of Outstanding
and Unvested Equity
Awards ($)

    

Year Over Year Change
in Fair Value of Equity
Awards Granted in
Prior Years that Vested
in the Year ($)

    

Total Equity
Award
Adjustments
($)

 

2020

1,777,310

1,596,777

(62,671)

3,311,416

2021

1,877,186

1,937,980

260,423

4,075,589

2022

528,368

(1,140,610)

99,424

(512,818)

(d)

Represents defined benefit retirement plan service cost attributed to services rendered during the covered fiscal year.

   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]

Compensation Actually Paid and TSR

As detailed under “Executive Compensation – Compensation Discussion and Analysis” in this Proxy Statement, equity awards comprise a significant portion of SCT compensation for our executives (slightly more than 50% for the CEO and approximately 40% for other NEOs). Accordingly, positive TSRs for 2020 and 2021 resulted in higher CAP. Higher year-over-year stock prices drove higher values

realized upon vesting of awards, and, for unvested awards, higher year-end valuations. In 2022, negative TSR resulted in negative CAP equity adjustments and significantly lower CAP for all NEOs.

The following chart compares CAP to the Company’s TSR. The cumulative total return shown in the chart below assumes an initial investment of $100 on the last trading day of the year ended December 31, 2019, including reinvestment of dividends, at each fiscal year end and measures the performance of this investment as of the last trading day in the month of December for each of the three years ended December 31, 2020, December 31, 2021 and December 31, 2022. The graph is a historical representation of past performance only and is not necessarily indicative of future performance.

CAP and TSR

Graphic

*

Cumulative value of $100 invested in Matson common stock on December 31, 2019, including reinvestments of dividends

As described under “Executive Compensation – Compensation Discussion and Analysis – Components of Executive Compensation – Equity-Based Compensation” in this Proxy Statement, relative TSR is the metric for a portion of the Performance Shares granted to our executives. Changes in equity value attributed to share price applies to both Performance Shares and Restricted Stock Units whereas the relative TSR metric only applies to Performance Shares.

   
Compensation Actually Paid vs. Net Income [Text Block]

Compensation Actually Paid and Net Income

Net income is not a specific performance metric in the Company’s compensation program. As described under “Compensation Actually Paid and TSR” above, the Company uses EBITDA as an earnings metric under the annual cash incentive plan. In 2022, while Matson reported an extraordinary level of net income, CAP was down significantly, as discussed above under “Compensation Actually Paid and TSR”. The chart below compares CAP to net income.

CAP and Net Income

Graphic

   
Compensation Actually Paid vs. Company Selected Measure [Text Block]

Compensation Actually Paid and EBITDA

Earnings before interest, income taxes, depreciation, and amortization (“EBITDA”) is Matson’s company-selected performance measure. For 2020, 2021 and 2022, the Company achieved extraordinary results as determined by pre-established goals of the performance plan, which resulted in maximum payouts under the corporate portion of the Company’s annual cash incentive plan. For 2022, CAP was down compared to prior years due to the impact of share price declines (see “Compensation Actually Paid and TSR” below for more information). The following chart compares compensation actually paid to EBITDA.

CAP and EBITDA

Graphic

   
Total Shareholder Return Vs Peer Group [Text Block]

Cumulative TSR of the Company and Cumulative TSR of the Peer Group

The cumulative total return shown in the chart below assumes an initial investment of $100 on the last trading day of the year ended December 31, 2019, including reinvestment of dividends, at each fiscal year end and measures the performance of this investment as of the last trading day in the month of December for each of the three years ended December 31, 2020, December 31, 2021 and December 31, 2022. The graph is a historical representation of past performance only and is not necessarily indicative of future performance.

Cumulative Three-Year Total Shareholder Return
Matson, Inc. and S&P Transportation Select Industry Index

Graphic

Graphic

   
Tabular List [Table Text Block]
EBITDA
Individual Performance Goals
Relative TSR
ROIC
   
Total Shareholder Return Amount $ 162 229 143
Peer Group Total Shareholder Return Amount 108 151 112
Net Income (Loss) $ 1,063,900,000 $ 927,400,000 $ 193,100,000
Company Selected Measure Amount 1,526,200,000 1,350,300,000 423,700,000
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name EBITDA    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Individual Performance Goals    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Relative TSR    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name ROIC    
PEO [Member] | Less SCT Stock Awards      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 3,341,181 $ 3,184,092 $ 2,662,521
PEO [Member] | Less SCT Pension Value      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   112,142 362,244
PEO [Member] | Plus CAP Equity Adjustment      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,978,185) 15,679,416 13,411,142
PEO [Member] | Plus CAP Pension Adjustment      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 129,810 101,381 96,105
PEO [Member] | Year-end Fair Value of Equity Awards Granted During the Year      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,981,115 6,804,516 6,279,437
PEO [Member] | Year Over Year Change in Fair Value of Outstanding and Unvested Equity Awards      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (4,447,058) 7,725,233 7,257,784
PEO [Member] | Year Over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 487,758 1,149,667 (126,079)
Non-PEO NEO [Member] | Less SCT Stock Awards      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 891,106 878,384 753,591
Non-PEO NEO [Member] | Less SCT Pension Value      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   28,243 83,785
Non-PEO NEO [Member] | Plus CAP Equity Adjustment      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (512,818) 4,075,589 3,311,416
Non-PEO NEO [Member] | Plus CAP Pension Adjustment      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 47,208 38,480 37,384
Non-PEO NEO [Member] | Year-end Fair Value of Equity Awards Granted During the Year      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 528,368 1,877,186 1,777,310
Non-PEO NEO [Member] | Year Over Year Change in Fair Value of Outstanding and Unvested Equity Awards      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,140,610) 1,937,980 1,596,777
Non-PEO NEO [Member] | Year Over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 99,424 $ 260,423 $ (62,671)