10-Q Filing

MASTEC INC CIK: 15615 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0000015615-21-000035`
Period End Date	20210930
Filing Date	20211104
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	mtz-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 72 Cash Flow Statement 99 Stockholders Equity 48 Comprehensive Income 24

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$239.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$423.12M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$956.97M	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`	$1.17B	USD	Point-in-time
Inventories, net	`InventoryNet`	$91.78M	USD	Point-in-time
Inventories, net	`InventoryNet`	$89.64M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$60.63M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$74.22M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$59.33M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$31.39M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.36B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.59B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.06B	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`	$197.58M	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
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$176.57M	USD	Point-in-time
Goodwill, net	`Goodwill`	$1.24B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Goodwill, net	`Goodwill`	$1.34B	USD	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
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$496.96M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$184.04M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$328.33M	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
Other long-term assets	`OtherAssetsNoncurrent`	$282.86M	USD	Point-in-time
Total assets	`Assets`	$5.23B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	93.11M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	93.25M	shares	Point-in-time
Total assets	`Assets`	$6.01B	USD	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`	$161.02M	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`	$80.16M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$72.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$688.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$571.27M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$135.32M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$213.40M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$187.65M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$224.82M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$247.31M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$228.39M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$88.92M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$74.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.70B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.42B	USD	Point-in-time
Long-term debt, including finance leases	`LongTermDebtAndCapitalLeaseObligations`	$1.35B	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`	$129.57M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$302.94M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$326.11M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$230.05M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$228.63M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.74B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.22B	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 - 93,246,800 and 93,107,440 (including 1,858,799 and 1,843,041 of unvested stock awards) as of September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$9.32M	USD	Point-in-time
Common stock, $0.10 par value: authorized shares - 145,000,000; issued shares - 93,246,800 and 93,107,440 (including 1,858,799 and 1,843,041 of unvested stock awards) as of September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$9.31M	USD	Point-in-time
Capital surplus	`AdditionalPaidInCapitalCommonStock`	$837.45M	USD	Point-in-time
Capital surplus	`AdditionalPaidInCapitalCommonStock`	$847.24M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.83B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.09B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-82.17M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-91.44M	USD	Point-in-time
Treasury stock, at cost: 18,941,926 shares as of both September 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 September 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`	$2.27B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$4.30M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$3.60M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.88B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.28B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.23B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$6.01B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$4.68B	USD	3 Qtrs
Revenue	`Revenues`	$1.70B	USD	1 Quarter
Revenue	`Revenues`	$2.40B	USD	1 Quarter
Revenue	`Revenues`	$6.14B	USD	3 Qtrs
Costs of revenue, excluding depreciation and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$3.95B	USD	3 Qtrs
Costs of revenue, excluding depreciation and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.38B	USD	1 Quarter
Costs of revenue, excluding depreciation and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$5.25B	USD	3 Qtrs
Costs of revenue, excluding depreciation and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$2.06B	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$95.37M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$71.40M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$262.13M	USD	3 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$182.17M	USD	3 Qtrs
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$54.52M	USD	3 Qtrs
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$28.38M	USD	3 Qtrs
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$11.20M	USD	1 Quarter
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$23.35M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$91.64M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$72.69M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$249.71M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$243.16M	USD	3 Qtrs
Interest expense, net	`InterestRevenueExpenseNet`	$-13.55M	USD	1 Quarter
Interest expense, net	`InterestRevenueExpenseNet`	$-45.37M	USD	3 Qtrs
Interest expense, net	`InterestRevenueExpenseNet`	$-13.09M	USD	1 Quarter
Interest expense, net	`InterestRevenueExpenseNet`	$-39.38M	USD	3 Qtrs
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$8.71M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$7.45M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$22.09M	USD	3 Qtrs
Equity in earnings of unconsolidated affiliates, net	`IncomeLossFromEquityMethodInvestments`	$23.59M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.57M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.57M	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$7.77M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$6.61M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$18.48M	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$24.46M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$271.45M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$140.03M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$338.29M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$157.41M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$27.58M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$61.68M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.52M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$83.96M	USD	3 Qtrs
Net income	`ProfitLoss`	$112.46M	USD	1 Quarter
Net income	`ProfitLoss`	$116.89M	USD	1 Quarter
Net income	`ProfitLoss`	$254.33M	USD	3 Qtrs
Net income	`ProfitLoss`	$209.77M	USD	3 Qtrs
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$48.00K	USD	3 Qtrs
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.37M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$394.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.15M	USD	3 Qtrs
Net income attributable to MasTec, Inc.	`NetIncomeLoss`	$209.73M	USD	3 Qtrs
Net income attributable to MasTec, Inc.	`NetIncomeLoss`	$116.49M	USD	1 Quarter
Net income attributable to MasTec, Inc.	`NetIncomeLoss`	$111.09M	USD	1 Quarter
Net income attributable to MasTec, Inc.	`NetIncomeLoss`	$252.19M	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.61	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$3.48	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$2.87	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.53	USD	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.48M	shares	3 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.97M	shares	3 Qtrs
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.14M	shares	1 Quarter
Basic weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.50M	shares	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.84	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.59	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.41	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.50	USD	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	73.98M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	73.92M	shares	3 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	73.79M	shares	3 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	73.09M	shares	1 Quarter

Cash Flow Statement 99 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$112.46M	USD	1 Quarter
Net income	`ProfitLoss`	$116.89M	USD	1 Quarter
Net income	`ProfitLoss`	$254.33M	USD	3 Qtrs
Net income	`ProfitLoss`	$209.77M	USD	3 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$95.37M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$71.40M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$262.13M	USD	3 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$182.17M	USD	3 Qtrs
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$54.52M	USD	3 Qtrs
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$28.38M	USD	3 Qtrs
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$11.20M	USD	1 Quarter
Amortization of intangible assets	`CostOfGoodsAndServicesSoldAmortization`	$23.35M	USD	1 Quarter
Non-cash interest expense, net	`AmortizationOfFinancingCostsAndDiscounts`	$2.34M	USD	3 Qtrs
Non-cash interest expense, net	`AmortizationOfFinancingCostsAndDiscounts`	$2.20M	USD	3 Qtrs
Non-cash stock-based compensation expense	`ShareBasedCompensation`	$17.67M	USD	3 Qtrs
Non-cash stock-based compensation expense	`ShareBasedCompensation`	$15.54M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$7.95M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$439.00K	USD	3 Qtrs
Equity in earnings of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$8.71M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$7.45M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$22.09M	USD	3 Qtrs
Equity in earnings of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$23.59M	USD	3 Qtrs
Gains on sales of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$12.87M	USD	3 Qtrs
Gains on sales of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$10.70M	USD	3 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-23.05M	USD	3 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$8.22M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$59.66M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$49.80M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-10.64M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$109.40M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-11.97M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-15.64M	USD	3 Qtrs
Other assets, current and long-term portion	`IncreaseDecreaseInOtherOperatingAssets`	$-38.73M	USD	3 Qtrs
Other assets, current and long-term portion	`IncreaseDecreaseInOtherOperatingAssets`	$9.00M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$134.49M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$109.69M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-7.48M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$160.65M	USD	3 Qtrs
Other liabilities, current and long-term portion	`IncreaseDecreaseInOtherOperatingLiabilities`	$-10.75M	USD	3 Qtrs
Other liabilities, current and long-term portion	`IncreaseDecreaseInOtherOperatingLiabilities`	$-36.47M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$683.18M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$499.10M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.25M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$604.91M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$132.35M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$183.72M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$29.74M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$25.46M	USD	3 Qtrs
Payments for other investments	`PaymentsToAcquireOtherInvestments`	$7.11M	USD	3 Qtrs
Payments for other investments	`PaymentsToAcquireOtherInvestments`	$17.44M	USD	3 Qtrs
Proceeds from other investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$557.00K	USD	3 Qtrs
Proceeds from other investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$648.00K	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.84M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.65M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-716.69M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-177.18M	USD	3 Qtrs
Proceeds from credit facilities	`ProceedsFromLongTermLinesOfCredit`	$795.41M	USD	3 Qtrs
Proceeds from credit facilities	`ProceedsFromLongTermLinesOfCredit`	$1.42B	USD	3 Qtrs
Repayments of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$606.58M	USD	3 Qtrs
Repayments of credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$1.73B	USD	3 Qtrs
Proceeds from issuance of 4.50% senior notes	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	3 Qtrs
Proceeds from issuance of 4.50% senior notes	`ProceedsFromIssuanceOfUnsecuredDebt`	$600.00M	USD	3 Qtrs
Repayments of 4.875% senior notes	`RepaymentsOfUnsecuredDebt`	$400.00M	USD	3 Qtrs
Repayments of 4.875% senior notes	`RepaymentsOfUnsecuredDebt`	-	USD	3 Qtrs
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$117.44M	USD	3 Qtrs
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$92.26M	USD	3 Qtrs
Payments of acquisition-related contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$21.68M	USD	3 Qtrs
Payments of acquisition-related contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$10.10M	USD	3 Qtrs
Payments to non-controlling interests, including acquisition of interests and distributions	`ProceedsFromPaymentsToMinorityShareholders`	$-8.96M	USD	3 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`	$-719.00K	USD	3 Qtrs
Proceeds from stock-based awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$5.48M	USD	3 Qtrs
Proceeds from stock-based awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	-	USD	3 Qtrs
Payments for stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$614.00K	USD	3 Qtrs
Payments for stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.79M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$120.23M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.50M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-11.13M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-339.98M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$34.46M	USD	3 Qtrs
Effect of currency translation on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-61.00K	USD	3 Qtrs
Effect of currency translation on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$730.00K	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-183.19M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$166.75M	USD	3 Qtrs
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.92M	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`	$71.43M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$238.17M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.92M	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`	$71.43M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$238.17M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$57.10M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$49.13M	USD	3 Qtrs
Income tax payments, net of refunds	`IncomeTaxesPaidNet`	$62.72M	USD	3 Qtrs
Income tax payments, net of refunds	`IncomeTaxesPaidNet`	$12.09M	USD	3 Qtrs
Additions to property and equipment from finance leases	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$86.08M	USD	3 Qtrs
Additions to property and equipment from finance leases	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$128.34M	USD	3 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, common shares outstanding (in shares)	`CommonStockSharesIssued`	93.11M	shares	Point-in-time
Beginning balance, common shares outstanding (in shares)	`CommonStockSharesIssued`	93.25M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.88B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.28B	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	`ProfitLoss`	$112.46M	USD	1 Quarter
Net income	`ProfitLoss`	$116.89M	USD	1 Quarter
Net income	`ProfitLoss`	$254.33M	USD	3 Qtrs
Net income	`ProfitLoss`	$209.77M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-23.20M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.32M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.27M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.22M	USD	1 Quarter
Non-cash stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.67M	USD	3 Qtrs
Non-cash stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.07M	USD	1 Quarter
Non-cash stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.54M	USD	3 Qtrs
Non-cash stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.64M	USD	1 Quarter
Forfeiture of restricted shares, net	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	3 Qtrs
Forfeiture of restricted shares, net	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	3 Qtrs
Forfeiture of restricted shares, net	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Other stock issuances (shares withheld for taxes), net	`StockIssuedDuringPeriodValueOther`	$-2.44M	USD	3 Qtrs
Other stock issuances (shares withheld for taxes), net	`StockIssuedDuringPeriodValueOther`	$4.29M	USD	3 Qtrs
Other stock issuances (shares withheld for taxes), net	`StockIssuedDuringPeriodValueOther`	$-22.00K	USD	1 Quarter
Other stock issuances (shares withheld for taxes), net	`StockIssuedDuringPeriodValueOther`	$2.28M	USD	1 Quarter
Acquisition of treasury stock, at cost (in shares)	`TreasuryStockSharesAcquired`	3.60M	shares	3 Qtrs
Acquisition of treasury stock, at cost (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	3 Qtrs
Acquisition of treasury stock, at cost (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	1 Quarter
Acquisition of treasury stock, at cost	`TreasuryStockValueAcquiredCostMethod`	$120.23M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$719.00K	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$719.00K	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$76.00K	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$76.00K	USD	1 Quarter
Purchase of non-controlling interests	`MinorityInterestDecreaseFromRedemptions`	$6.80M	USD	3 Qtrs
Ending balance, common shares outstanding (in shares)	`CommonStockSharesIssued`	93.11M	shares	Point-in-time
Ending balance, common shares outstanding (in shares)	`CommonStockSharesIssued`	93.25M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.88B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.01B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.28B	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`	$112.46M	USD	1 Quarter
Net income	`ProfitLoss`	$116.89M	USD	1 Quarter
Net income	`ProfitLoss`	$254.33M	USD	3 Qtrs
Net income	`ProfitLoss`	$209.77M	USD	3 Qtrs
Foreign currency translation losses, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.75M	USD	3 Qtrs
Foreign currency translation losses, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-616.00K	USD	1 Quarter
Foreign currency translation losses, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.28M	USD	1 Quarter
Foreign currency translation losses, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-64.00K	USD	3 Qtrs
Unrealized (losses) gains on investment activity, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-21.45M	USD	3 Qtrs
Unrealized (losses) gains on investment activity, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.04M	USD	1 Quarter
Unrealized (losses) gains on investment activity, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.84M	USD	1 Quarter
Unrealized (losses) gains on investment activity, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$9.33M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$110.14M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$186.57M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$263.60M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$119.11M	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$394.00K	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$48.00K	USD	3 Qtrs
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.37M	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.15M	USD	3 Qtrs
Comprehensive income attributable to MasTec, Inc.	`ComprehensiveIncomeNetOfTax`	$108.77M	USD	1 Quarter
Comprehensive income attributable to MasTec, Inc.	`ComprehensiveIncomeNetOfTax`	$118.71M	USD	1 Quarter
Comprehensive income attributable to MasTec, Inc.	`ComprehensiveIncomeNetOfTax`	$261.46M	USD	3 Qtrs
Comprehensive income attributable to MasTec, Inc.	`ComprehensiveIncomeNetOfTax`	$186.53M	USD	3 Qtrs

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