Company: MTZ
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000015615-25-000128
Chunk: 6

Company: MASTEC INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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201,139)Contract liabilities(5,263)224,531 Other liabilities, current and long-term portion21,496 (9,171)Net cash provided by operating activities$172,976 $649,926 Cash flows from investing activities:Cash paid for acquisitions, net of cash acquired(24,479)(33,811)Capital expenditures(179,764)(100,538)Proceeds from sales of property and equipment42,342 49,028 Payments for other investments— (585)Proceeds from other investments2,650 1,503 Other investing activities, net3,924 3,605 Net cash used in investing activities$(155,327)$(80,798)Cash flows from financing activities:Proceeds from credit facilities and term loans4,407,886 3,103,000 Repayments of credit facilities and term loans(4,327,327)(4,148,813)Proceeds from issuance of 5.900% senior notes— 549,758 Repayments of 6.625% senior notes— (224,046)Payments of finance lease obligations(126,553)(113,260)Repurchases of common stock(77,326)— Payments of acquisition-related contingent consideration(17,482)(24,506)Payments to non-controlling interests, including acquisition of interests and distributions(18,193)(23,499)Payments for stock-based awards(4,830)(2,801)Other financing activities, net(23,216)(32,346)Net cash used in financing activities$(187,041)$(916,513)Effect of currency translation on cash907 (951)Net decrease in cash and cash equivalents$(168,485)$(348,336)Cash and cash equivalents - beginning of period$399,903 $529,561 Cash and cash equivalents - end of period$231,418 $181,225                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         

Supplemental cash flow information:Interest paid$131,052 $150,972 Income taxes paid, net of refunds$36,621 $45,433 Supplemental disclosure of non-cash information:Additions to property and equipment from finance leases and other financing arrangements$187,640 $100,094 

The accompanying notes are an integral part of these consolidated financial statements.

8

MASTEC, INC.

NOTES TO CONSOLID