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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows From Operating Activities:      
Net income $ 297.1 $ 1,063.9 $ 927.4
Reconciling adjustments:      
Depreciation and amortization 144.4 141.3 135.9
Amortization of operating lease right of use assets 142.0 153.0 103.3
Deferred income taxes 19.6 90.2 33.2
Loss (Gain) on disposal of property and equipment 0.6 (1.5) (0.8)
Share-based compensation expense 23.8 18.3 19.3
Income from SSAT (2.2) (83.1) (56.3)
Distributions from SSAT   47.3 46.9
Other (2.7)    
Changes in assets and liabilities:      
Accounts receivable, net (10.9) 74.6 (90.3)
Deferred dry-docking payments (24.1) (25.7) (36.3)
Deferred dry-docking amortization 25.3 24.9 24.3
Prepaid expenses and other assets 33.5 (45.2) (48.1)
Accounts payable, accruals and other liabilities 10.9 (31.7) 39.6
Operating lease liabilities (144.8) (154.1) (99.7)
Other long-term liabilities (2.0) (0.3) (14.3)
Net cash provided by operating activities 510.5 1,271.9 984.1
Cash Flows From Investing Activities:      
Capitalized vessel construction expenditures (52.9) (62.4) (14.9)
Capital expenditures (excluding vessel construction expenditures) (195.5) (146.9) (310.4)
Proceeds from disposal of property and equipment 1.2 1.2 1.9
Payments for intangible asset acquisitions (12.4) (3.0)  
Cash and interest deposits into Capital Construction Fund (128.5) (582.8) (31.2)
Withdrawals from Capital Construction Fund 49.9 64.6 31.2
Net cash used in investing activities (338.2) (729.3) (323.4)
Cash Flows From Financing Activities:      
Repayments of debt (76.9) (111.5) (59.3)
Proceeds from revolving credit facility     304.3
Repayments of revolving credit facility     (376.1)
Payment of financing costs     (3.0)
Dividends paid (45.0) (48.0) (45.9)
Repurchase of Matson common stock (155.2) (397.0) (198.3)
Tax withholding related to net share settlements of restricted stock units (12.6) (20.1) (14.4)
Net cash used in financing activities (289.7) (576.6) (392.7)
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash (117.4) (34.0) 268.0
Cash, Cash Equivalents and Restricted Cash, Beginning of the Year 253.7 287.7 19.7
Cash, Cash Equivalents and Restricted Cash, End of the Year 136.3 253.7 287.7
Reconciliation of Cash, Cash Equivalents, and Restricted Cash, at End of the Year:      
Cash and Cash Equivalents 134.0 249.8 282.4
Restricted Cash 2.3 3.9 5.3
Total Cash, Cash Equivalents and Restricted Cash, End of the Year 136.3 253.7 287.7
Supplemental Cash Flow Information:      
Interest paid, net of capitalized interest 11.1 16.2 19.3
Income tax paid, net of income tax refunds 7.5 215.2 241.6
Non-cash Information:      
Capital expenditures included in accounts payable, accruals and other liabilities 10.8 5.5 $ 6.4
Non-cash payments for intangible asset acquisitions $ 2.7 $ 2.2