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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows From Operating Activities:    
Net income $ 34.0 $ 339.2
Reconciling adjustments:    
Depreciation and amortization 35.8 35.6
Amortization of operating lease right of use assets 39.6 36.2
Deferred income taxes (1.4) 6.6
Share-based compensation expense 4.6 4.7
Loss (income) from SSAT 1.8 (34.0)
Other (0.1) (0.2)
Changes in assets and liabilities:    
Accounts receivable, net (14.5) (27.7)
Deferred dry-docking payments (2.4) (8.6)
Deferred dry-docking amortization 6.2 6.7
Prepaid expenses and other assets 45.7 (31.5)
Accounts payable, accruals and other liabilities (8.4) (16.2)
Operating lease liabilities (39.4) (35.4)
Other long-term liabilities (4.8) (1.5)
Net cash provided by operating activities 96.7 273.9
Cash Flows From Investing Activities:    
Capitalized vessel construction expenditures (0.4) (9.4)
Other capital expenditures (35.5) (37.4)
Proceeds from disposal of property and equipment 0.3 0.4
Payment for asset acquisition (12.4)  
Cash deposits and interest into the Capital Construction Fund (105.5) (10.7)
Withdrawals from Capital Construction Fund   10.7
Net cash used in investing activities (153.5) (46.4)
Cash Flows From Financing Activities:    
Repayments of debt (40.8) (14.4)
Dividends paid (11.3) (12.9)
Repurchase of Matson common stock (40.0) (70.4)
Tax withholding related to net share settlements of restricted stock units (12.4) (19.4)
Net cash used in financing activities (104.5) (117.1)
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash (161.3) 110.4
Cash, Cash Equivalents and Restricted Cash, Beginning of the Period 253.7 287.7
Cash, Cash Equivalents and Restricted Cash, End of the Period 92.4 398.1
Reconciliation of Cash, Cash Equivalents, and Restricted Cash, at End of the Period:    
Cash and Cash Equivalents 88.5 392.8
Restricted Cash 3.9 5.3
Total Cash, Cash Equivalents and Restricted Cash, End of the Period 92.4 398.1
Supplemental Cash Flow Information:    
Interest paid, net of capitalized interest (including debt prepaid fees) 5.0 4.5
Income tax payments (refunds), net (30.3) 103.1
Non-cash Information:    
Capital expenditures included in accounts payable, accruals and other liabilities 5.1 $ 7.1
Non-cash payment for asset acquisition $ 4.1