XML 30 R12.htm IDEA: XBRL DOCUMENT
v3.22.0.1

PROPERTY AND EQUIPMENT | 12 Months Ended
--- | ---
Dec. 31, 2021
PROPERTY AND EQUIPMENT |
PROPERTY AND EQUIPMENT |
5. | PROPERTY AND EQUIPMENT
​ Property and equipment at December 31, 2021 and 2020, and depreciation expense for the years ended December 31, 2021, 2020 and 2019 is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, 2021 |  | ​ | As of December 31, 2020 |
​ |  | ​ | ​ |  | Accumulated |  | ​ |  |  | ​ | ​ |  | Accumulated |  | ​ |
(In millions) | ​ | Cost | ​ | Depreciation | ​ | Net Book Value |  | ​ | Cost | ​ | Depreciation | ​ | Net Book Value |
Vessels | ​ | $ | 2,243.8 | ​ | $ | 760.5 | ​ | $ | 1,483.3 | ​ | ​ | $ | 2,191.6 | ​ | $ | 785.5 | ​ | $ | 1,406.1 | ​
Containers and equipment | ​ |  | 680.9 | ​ | ​ | 399.4 | ​ |  | 281.5 | ​ | ​ |  | 572.3 | ​ |  | 391.8 | ​ |  | 180.5 | ​
Terminal facilities and other property | ​ |  | 128.3 | ​ | ​ | 49.2 | ​ |  | 79.1 | ​ | ​ |  | 119.8 | ​ |  | 45.1 | ​ |  | 74.7 | ​
Vessel construction in progress | ​ | ​ | 14.9 | ​ | ​ | — | ​ | ​ | 14.9 | ​ | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​
Other construction in progress | ​ |  | 19.5 | ​ | ​ | — | ​ |  | 19.5 | ​ | ​ |  | 28.6 | ​ |  | — | ​ |  | 28.6 | ​
Total | ​ | $ | 3,087.4 | ​ | $ | 1,209.1 | ​ | $ | 1,878.3 | ​ | ​ | $ | 2,912.3 | ​ | $ | 1,222.4 | ​ | $ | 1,689.9 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31, |
(In millions) |  | 2021 |  | 2020 |  | 2019 |
Depreciation expense | ​ | $ | 117.1 | ​ | $ | 97.1 | ​ | $ | 86.3 | ​
​

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration