Commitments, Guarantees and Contingencies: (Tables)

6 Months Ended

Jun. 30, 2013

Commitments, Guarantees and Contingencies:

Commitments and financial arrangements

Commitments, Guarantees and Contingencies:  Commitments and financial arrangements at June 30, 2013, included the following (in millions):

Standby letters of credit (a)	$	6.8
Performance and customs bonds (b)	$	20.4
Benefit plan withdrawal obligations (c)	$	102.1

These amounts are not recorded on the Company’s Condensed Consolidated Balance Sheet and it is not expected that the Company or its subsidiaries will be called upon to advance funds under these commitments.

(a) Includes approximately $5.6 million in letters of credit which are required for the Company’s self-insured workers’ compensation programs and its other insurance programs, and approximately $1.2 million in letters of credit used to support various credit enhancement needs.

(b) Consists of approximately $19.2 million in U.S. Customs bonds, and approximately $1.2 million related to transportation and other matters.

(c) Represents the withdrawal liabilities as of the most recent valuation dates for multiemployer pension plans, in which Matson is a participant. Management has no present intention of withdrawing from, and does not anticipate the termination of, any of the aforementioned plans.