Company: MTZ
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000015615-25-000021
Chunk: 247

Company: MASTEC INC
Filing Date: 2025-02-28
Form: 10-K
Item: Item 5
Chunk 247
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 Payments for other investments(801)(1,899)(3,981)Proceeds from other investments1,503 425 400 Other investing activities, net4,558 1,632 43 Net cash used in investing activities$(157,490)$(178,061)$(821,183)Cash flows from financing activities:Proceeds from credit facilities and term loans4,099,102 4,378,200 4,065,000 Repayments of credit facilities and term loans(5,252,750)(4,509,950)(3,241,128)Proceeds from issuance of 5.900% senior notes549,758 — — Repayments of 6.625% senior notes(224,046)— — Payments of finance lease obligations(153,957)(167,615)(181,481)Repurchases of common stock— — (81,291)Payments of acquisition-related contingent consideration(24,593)(21,638)(35,149)Payments for acquisition-related contingent assets(12,351)— (17,636)Payments to non-controlling interests, including acquisition of interests and distributions(32,943)(14,478)(728)Payments for stock-based awards(2,946)(10,330)(4,098)Other financing activities, net(35,508)(5,187)(22,592)Net cash (used in) provided by financing activities$(1,090,234)$(350,998)$480,897 Effect of currency translation on cash(3,559)751 (2,155)Net (decrease) increase in cash and cash equivalents(129,658)158,969 9,856 Cash and cash equivalents - beginning of period529,561 370,592 360,736 Cash and cash equivalents - end of period$399,903 $529,561 $370,592 

Supplemental cash flow information:Interest paid$195,338 $237,645 $106,484 Income taxes paid, net of refunds$43,953 $9,608 $8,603 Supplemental disclosure of non-cash information:Additions to property and equipment from finance leases and other financing arrangements$151,009 $147,736 $232,249 

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

60

MASTEC, INC.

NOTES TO CONSOLID