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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 423,118 $ 71,427
Accounts receivable, net of allowance 784,488 850,326
Contract assets 969,743 1,024,568
Inventories, net 89,645 100,069
Prepaid expenses 60,631 52,000
Other current assets 31,390 75,169
Total current assets 2,359,015 2,173,559
Property and equipment, net 982,328 905,835
Operating lease assets 176,573 229,903
Goodwill, net 1,243,034 1,221,440
Other intangible assets, net 184,043 211,528
Other long-term assets 282,856 254,741
Total assets 5,227,849 4,997,006
Current liabilities:    
Current portion of long-term debt, including finance leases 145,110 118,429
Current portion of operating lease liabilities 72,481 81,561
Accounts payable 571,269 535,029
Accrued salaries and wages 135,316 87,562
Other accrued expenses 187,647 115,581
Contract liabilities 228,388 206,180
Other current liabilities 74,988 74,784
Total current liabilities 1,415,199 1,219,126
Long-term debt, including finance leases 1,157,632 1,314,030
Long-term operating lease liabilities 116,506 154,553
Deferred income taxes 302,938 296,326
Other long-term liabilities 230,049 221,280
Total liabilities 3,222,324 3,205,315
Commitments and contingencies (Note 14)
Equity    
Preferred stock, $1.00 par value: authorized shares - 5,000,000; issued and outstanding shares – none 0 0
Common stock, $0.10 par value: authorized shares - 145,000,000; issued shares - 93,107,440 and 91,909,430 (including 1,843,041 and 1,221,593 of unvested stock awards) as of December 31, 2020 and 2019, respectively 9,311 9,191
Capital surplus 837,453 809,753
Retained earnings 1,833,557 1,510,709
Accumulated other comprehensive loss (91,444) (75,706)
Treasury stock, at cost: 18,941,926 shares and 15,344,917 shares as of December 31, 2020 and 2019, respectively (586,955) (466,727)
Total MasTec, Inc. shareholders’ equity 2,001,922 1,787,220
Non-controlling interests 3,603 4,471
Total equity 2,005,525 1,791,691
Total liabilities and equity $ 5,227,849 $ 4,997,006
Preferred stock, par value (in dollars per share) $ 1.00 $ 1.00
Preferred stock, shares authorized 5,000,000 5,000,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common stock, par value (in dollars per share) $ 0.10 $ 0.10
Common stock, shares authorized 145,000,000 145,000,000
Common stock, shares issued 93,107,440 91,909,430
Treasury stock, shares 18,941,926 15,344,917
Common Stock [Member]    
Equity    
Total equity $ 9,311 $ 9,191
Common stock, shares issued 93,107,440 91,909,430
Restricted Stock [Member] | Common Stock [Member]    
Unvested stock awards (in shares) 1,843,041 1,221,593