10-Q Filing

MASTEC INC CIK: 15615 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000015615-21-000027`
Period End Date	20210630
Filing Date	20210805
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	mtz-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 68 Cash Flow Statement 95 Stockholders Equity 45 Comprehensive Income 24

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$423.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$237.27M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$865.24M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$784.49M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$969.74M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$1.10B	USD	Point-in-time
Inventories, net	`InventoryNet`	$89.64M	USD	Point-in-time
Inventories, net	`InventoryNet`	$87.36M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$69.89M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$60.63M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$44.81M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$31.39M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.41B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.36B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.10B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$982.33M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$215.55M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$176.57M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Goodwill, net	`Goodwill`	$1.24B	USD	Point-in-time
Goodwill, net	`Goodwill`	$1.33B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$521.03M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$184.04M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$323.82M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$282.86M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	145.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	145.00M	shares	Point-in-time
Total assets	`Assets`	$5.23B	USD	Point-in-time
Total assets	`Assets`	$5.90B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	93.26M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	93.11M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	18.94M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	18.94M	shares	Point-in-time
Current portion of long-term debt, including finance leases	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$163.12M	USD	Point-in-time
Current portion of long-term debt, including finance leases	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$145.11M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$72.48M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$85.57M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$571.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$629.91M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$135.32M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$210.56M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$207.57M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$187.65M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$238.85M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$228.39M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$103.41M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$74.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.42B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.64B	USD	Point-in-time
Long-term debt, including finance leases	`LongTermDebtAndCapitalLeaseObligations`	$1.42B	USD	Point-in-time
Long-term debt, including finance leases	`LongTermDebtAndCapitalLeaseObligations`	$1.16B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$116.51M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$142.78M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$302.94M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$323.95M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$214.08M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$230.05M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.22B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.74B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $1.00 par value: authorized shares - 5,000,000; issued and outstanding shares none	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $1.00 par value: authorized shares - 5,000,000; issued and outstanding shares none	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.10 par value: authorized shares - 145,000,000; issued shares - 93,256,202 and 93,107,440 (including 1,869,208 and 1,843,041 of unvested stock awards) as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$9.31M	USD	Point-in-time
Common stock, $0.10 par value: authorized shares - 145,000,000; issued shares - 93,256,202 and 93,107,440 (including 1,869,208 and 1,843,041 of unvested stock awards) as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$9.33M	USD	Point-in-time
Capital surplus	`AdditionalPaidInCapitalCommonStock`	$841.19M	USD	Point-in-time
Capital surplus	`AdditionalPaidInCapitalCommonStock`	$837.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.83B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.97B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-91.44M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-79.86M	USD	Point-in-time
Treasury stock, at cost: 18,941,926 shares as of both June 30, 2021 and December 31, 2020, respectively	`TreasuryStockCommonValue`	$586.96M	USD	Point-in-time
Treasury stock, at cost: 18,941,926 shares as of both June 30, 2021 and December 31, 2020, respectively	`TreasuryStockCommonValue`	$586.96M	USD	Point-in-time
Total MasTec, Inc. shareholders equity	`StockholdersEquity`	$2.00B	USD	Point-in-time
Total MasTec, Inc. shareholders equity	`StockholdersEquity`	$2.16B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$3.60M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$3.01M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.23B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.90B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$1.57B	USD	1 Quarter
Revenue	`Revenues`	$3.74B	USD	2 Qtrs
Revenue	`Revenues`	$1.96B	USD	1 Quarter
Revenue	`Revenues`	$2.99B	USD	2 Qtrs
Costs of revenue, excluding depreciation and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.68B	USD	1 Quarter
Costs of revenue, excluding depreciation and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$3.19B	USD	2 Qtrs
Costs of revenue, excluding depreciation and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$2.57B	USD	2 Qtrs
Costs of revenue, excluding depreciation and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.34B	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$57.69M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$166.77M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$87.50M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$110.78M	USD	2 Qtrs
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$17.18M	USD	2 Qtrs
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$31.17M	USD	2 Qtrs
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$9.79M	USD	1 Quarter
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$19.92M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$84.96M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$84.96M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$158.07M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$170.47M	USD	2 Qtrs
Interest expense, net	`InterestRevenueExpenseNet`	$-13.83M	USD	1 Quarter
Interest expense, net	`InterestRevenueExpenseNet`	$-31.81M	USD	2 Qtrs
Interest expense, net	`InterestRevenueExpenseNet`	$-26.29M	USD	2 Qtrs
Interest expense, net	`InterestRevenueExpenseNet`	$-14.81M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$6.81M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$7.53M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$14.65M	USD	2 Qtrs
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$14.87M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$16.69M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$11.87M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$10.53M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$14.09M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$77.56M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.83M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$198.26M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$114.05M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$56.38M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$21.16M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$20.74M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$27.06M	USD	1 Quarter
Net income	`ProfitLoss`	$75.77M	USD	1 Quarter
Net income	`ProfitLoss`	$141.88M	USD	2 Qtrs
Net income	`ProfitLoss`	$56.83M	USD	1 Quarter
Net income	`ProfitLoss`	$92.89M	USD	2 Qtrs
Net income (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-346.00K	USD	2 Qtrs
Net income (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$314.00K	USD	1 Quarter
Net income (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$777.00K	USD	2 Qtrs
Net income (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-178.00K	USD	1 Quarter
Net income attributable to MasTec, Inc.	`NetIncomeLoss`	$141.10M	USD	2 Qtrs
Net income attributable to MasTec, Inc.	`NetIncomeLoss`	$93.23M	USD	2 Qtrs
Net income attributable to MasTec, Inc.	`NetIncomeLoss`	$75.45M	USD	1 Quarter
Net income attributable to MasTec, Inc.	`NetIncomeLoss`	$57.01M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.95	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.04	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.27	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.79	USD	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.05M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.50M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.47M	shares	2 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	73.39M	shares	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.02	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.91	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.78	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.26	USD	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.14M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	73.98M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	73.91M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.78M	shares	1 Quarter

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$75.77M	USD	1 Quarter
Net income	`ProfitLoss`	$141.88M	USD	2 Qtrs
Net income	`ProfitLoss`	$56.83M	USD	1 Quarter
Net income	`ProfitLoss`	$92.89M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$57.69M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$166.77M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$87.50M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$110.78M	USD	2 Qtrs
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$17.18M	USD	2 Qtrs
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$31.17M	USD	2 Qtrs
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$9.79M	USD	1 Quarter
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$19.92M	USD	1 Quarter
Non-cash interest expense, net	`AmortizationOfFinancingCostsAndDiscounts`	$1.45M	USD	2 Qtrs
Non-cash interest expense, net	`AmortizationOfFinancingCostsAndDiscounts`	$1.56M	USD	2 Qtrs
Non-cash stock-based compensation expense	`ShareBasedCompensation`	$9.90M	USD	2 Qtrs
Non-cash stock-based compensation expense	`ShareBasedCompensation`	$11.60M	USD	2 Qtrs
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.59M	USD	2 Qtrs
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-20.57M	USD	2 Qtrs
Equity in earnings of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$6.81M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$7.53M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$14.65M	USD	2 Qtrs
Equity in earnings of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$14.87M	USD	2 Qtrs
Gains on sales of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$5.97M	USD	2 Qtrs
Gains on sales of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$8.33M	USD	2 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$7.84M	USD	2 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-12.30M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$60.25M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-32.71M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-64.32M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$46.15M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-5.17M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.63M	USD	2 Qtrs
Other assets, current and long-term portion	`IncreaseDecreaseInOtherOperatingAssets`	$-31.23M	USD	2 Qtrs
Other assets, current and long-term portion	`IncreaseDecreaseInOtherOperatingAssets`	$2.60M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$60.45M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$164.30M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$130.78M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-16.02M	USD	2 Qtrs
Other liabilities, current and long-term portion	`IncreaseDecreaseInOtherOperatingLiabilities`	$-6.92M	USD	2 Qtrs
Other liabilities, current and long-term portion	`IncreaseDecreaseInOtherOperatingLiabilities`	$-59.48M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$349.34M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$467.22M	USD	2 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$589.05M	USD	2 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$10.49M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$97.03M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$132.75M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$17.86M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.96M	USD	2 Qtrs
Payments for other investments	`PaymentsToAcquireOtherInvestments`	$16.78M	USD	2 Qtrs
Payments for other investments	`PaymentsToAcquireOtherInvestments`	$6.20M	USD	2 Qtrs
Proceeds from other investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$557.00K	USD	2 Qtrs
Proceeds from other investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$648.00K	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.84M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.65M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-676.11M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-136.67M	USD	2 Qtrs
Proceeds from credit facilities	`ProceedsFromLongTermLinesOfCredit`	$1.24B	USD	2 Qtrs
Proceeds from credit facilities	`ProceedsFromLongTermLinesOfCredit`	$414.74M	USD	2 Qtrs
Repayments of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$1.40B	USD	2 Qtrs
Repayments of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$161.38M	USD	2 Qtrs
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$61.59M	USD	2 Qtrs
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$76.63M	USD	2 Qtrs
Payments of acquisition-related contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$20.89M	USD	2 Qtrs
Payments of acquisition-related contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$10.10M	USD	2 Qtrs
Payments to non-controlling interests, including acquisition of interests and distributions	`ProceedsFromPaymentsToMinorityShareholders`	$6.80M	USD	Point-in-time
Payments to non-controlling interests, including acquisition of interests and distributions	`ProceedsFromPaymentsToMinorityShareholders`	$-8.89M	USD	2 Qtrs
Payments to non-controlling interests, including acquisition of interests and distributions	`ProceedsFromPaymentsToMinorityShareholders`	-	USD	2 Qtrs
Payments for stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.77M	USD	2 Qtrs
Payments for stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$593.00K	USD	2 Qtrs
Proceeds from stock-based awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$3.94M	USD	2 Qtrs
Proceeds from stock-based awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	-	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$120.23M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-17.00K	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.34M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$140.84M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-354.55M	USD	2 Qtrs
Effect of currency translation on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$87.00K	USD	2 Qtrs
Effect of currency translation on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.21M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.79M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-185.85M	USD	2 Qtrs
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$237.27M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$423.12M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.64M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.43M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$237.27M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$423.12M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.64M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.43M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$33.05M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$28.40M	USD	2 Qtrs
Income tax payments, net of refunds	`IncomeTaxesPaidNet`	$1.47M	USD	2 Qtrs
Income tax payments, net of refunds	`IncomeTaxesPaidNet`	$61.18M	USD	2 Qtrs
Additions to property and equipment from finance leases	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$98.98M	USD	2 Qtrs
Additions to property and equipment from finance leases	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$44.99M	USD	2 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, common shares outstanding (in shares)	`CommonStockSharesIssued`	93.26M	shares	Point-in-time
Beginning balance, common shares outstanding (in shares)	`CommonStockSharesIssued`	93.11M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Beginning balance, treasury shares (in shares)	`TreasuryStockCommonShares`	18.94M	shares	Point-in-time
Beginning balance, treasury shares (in shares)	`TreasuryStockCommonShares`	18.94M	shares	Point-in-time
Net income (loss)	`ProfitLoss`	$75.77M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$141.88M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$56.83M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$92.89M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$11.59M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.62M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.17M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-25.42M	USD	2 Qtrs
Non-cash stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.85M	USD	1 Quarter
Non-cash stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.90M	USD	2 Qtrs
Non-cash stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.60M	USD	2 Qtrs
Non-cash stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.07M	USD	1 Quarter
Issuance of restricted shares, net	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Issuance of restricted shares, net	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Other stock issuances, net of shares withheld for taxes	`StockIssuedDuringPeriodValueOther`	$-2.42M	USD	2 Qtrs
Other stock issuances, net of shares withheld for taxes	`StockIssuedDuringPeriodValueOther`	$2.01M	USD	2 Qtrs
Other stock issuances, net of shares withheld for taxes	`StockIssuedDuringPeriodValueOther`	$1.31M	USD	1 Quarter
Other stock issuances, net of shares withheld for taxes	`StockIssuedDuringPeriodValueOther`	$-19.00K	USD	1 Quarter
Purchase of non-controlling interests	`MinorityInterestDecreaseFromRedemptions`	$6.80M	USD	2 Qtrs
Purchase of non-controlling interests	`MinorityInterestDecreaseFromRedemptions`	$6.80M	USD	1 Quarter
Acquisition of treasury stock, at cost (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	1 Quarter
Acquisition of treasury stock, at cost (in shares)	`TreasuryStockSharesAcquired`	3.60M	shares	2 Qtrs
Acquisition of treasury stock, at cost (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	2 Qtrs
Acquisition of treasury stock, at cost	`TreasuryStockValueAcquiredCostMethod`	$120.23M	USD	2 Qtrs
Acquisition of treasury stock, at cost	`TreasuryStockValueAcquiredCostMethod`	$802.00K	USD	1 Quarter
Ending balance, common shares outstanding (in shares)	`CommonStockSharesIssued`	93.26M	shares	Point-in-time
Ending balance, common shares outstanding (in shares)	`CommonStockSharesIssued`	93.11M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Ending balance, treasury shares (in shares)	`TreasuryStockCommonShares`	18.94M	shares	Point-in-time
Ending balance, treasury shares (in shares)	`TreasuryStockCommonShares`	18.94M	shares	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$75.77M	USD	1 Quarter
Net income	`ProfitLoss`	$141.88M	USD	2 Qtrs
Net income	`ProfitLoss`	$56.83M	USD	1 Quarter
Net income	`ProfitLoss`	$92.89M	USD	2 Qtrs
Foreign currency translation gains (losses), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-840.00K	USD	1 Quarter
Foreign currency translation gains (losses), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.21M	USD	2 Qtrs
Foreign currency translation gains (losses), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.14M	USD	2 Qtrs
Foreign currency translation gains (losses), net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$843.00K	USD	1 Quarter
Unrealized (losses) gains on investment activity, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-24.29M	USD	2 Qtrs
Unrealized (losses) gains on investment activity, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$10.37M	USD	2 Qtrs
Unrealized (losses) gains on investment activity, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.32M	USD	1 Quarter
Unrealized (losses) gains on investment activity, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.46M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$73.14M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$67.47M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$153.47M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$54.66M	USD	1 Quarter
Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$314.00K	USD	1 Quarter
Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-346.00K	USD	2 Qtrs
Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-178.00K	USD	1 Quarter
Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$777.00K	USD	2 Qtrs
Comprehensive income attributable to MasTec, Inc.	`ComprehensiveIncomeNetOfTax`	$54.84M	USD	1 Quarter
Comprehensive income attributable to MasTec, Inc.	`ComprehensiveIncomeNetOfTax`	$72.83M	USD	1 Quarter
Comprehensive income attributable to MasTec, Inc.	`ComprehensiveIncomeNetOfTax`	$67.81M	USD	2 Qtrs
Comprehensive income attributable to MasTec, Inc.	`ComprehensiveIncomeNetOfTax`	$152.69M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.