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Debt (Tables)
12 Months Ended
Dec. 31, 2013
Long-term Debt, Unclassified [Abstract]  
Schedule of Long Term Debt Instruments
The following table provides details of the carrying value of debt as of the dates indicated (in millions):
 
 
 
 
December 31,
 Description
 
Maturity Date
 
2013
 
2012
Credit facility
 
October 29, 2018
 
$
53.0

 
$
134.0

4.875% senior notes
 
March 15, 2023
 
400.0

 

7.625% senior notes
 
February 1, 2017
 

 
150.0

2011 4.0% senior convertible notes
 
June 15, 2014
 
103.8

 
100.9

2011 4.25% senior convertible notes
 
December 15, 2014
 
94.5

 
92.1

2009 4.0% senior convertible notes
 
June 15, 2014
 
9.6

 
9.7

2009 4.25% senior convertible notes
 
December 15, 2014
 
3.0

 
3.0

Capital lease obligations, weighted average interest rate of 2.7%
 
In installments through March 30, 2020
 
126.0

 
79.0

Notes payable for equipment, weighted average interest rate of 3.2%
 
In installments through May 1, 2018
 
26.9

 
30.2

Total debt
 
$
816.8

 
$
598.9

Less current maturities
 
(51.4
)
 
(52.6
)
Long-term debt
 
$
765.4

 
$
546.3

Schedule of Contractual Maturities of Debt and Capital Lease Obligations
Contractual maturities of MasTec’s debt and capital lease obligations as of December 31, 2013 were as follows (in millions):
2014
$
51.4

2015
41.9

2016
33.3

2017
19.3

2018
270.2

Thereafter
400.7

Total
$
816.8


Schedule of Interest Expense, Net
The following table provides details of interest expense, net, classified within continuing operations for the periods indicated (in millions):
 
Years Ended December 31,
 
2013
 
2012
 
2011
Interest expense:
 
 
 
 
 
Contractual and other interest expense
$
37.6

 
$
29.2

 
$
27.4

Accretion of senior convertible note discount
5.2

 
4.9

 
4.2

Amortization of deferred financing costs
4.0

 
3.7

 
3.4

Total interest expense
$
46.8

 
$
37.8

 
$
35.0

Interest income
(0.4
)
 
(0.4
)
 
(0.5
)
Interest expense, net
$
46.4

 
$
37.4

 
$
34.5