Company: MTZ
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000015615-25-000079
Chunk: 7

Company: MASTEC INC
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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,547 Inventories(4,035)10,113 Other assets, current and long-term portion(17,635)35,805 Accounts payable and accrued expenses140,518 (312,882)Contract liabilities(37,550)139,745 Other liabilities, current and long-term portion4,178 (8,376)Net cash provided by operating activities$84,011 $372,199 Cash flows from investing activities:Cash paid for acquisitions, net of cash acquired(7,246)(61)Capital expenditures(111,076)(56,907)Proceeds from sales of property and equipment26,659 31,079 Payments for other investments— (884)Proceeds from other investments2,650 — Other investing activities, net2,360 2,303 Net cash used in investing activities$(86,653)$(24,470)Cash flows from financing activities:Proceeds from credit facilities and term loans2,876,247 2,108,500 Repayments of credit facilities and term loans(2,892,143)(2,933,375)Proceeds from issuance of 5.900% senior notes— 549,758 Repayments of 6.625% senior notes— (203,709)Payments of finance lease obligations(77,682)(71,226)Repurchases of common stock(77,326)— Payments of acquisition-related contingent consideration(11,873)(2,874)Payments to non-controlling interests, including acquisition of interests and distributions(9,966)(12,632)Payments for stock-based awards(4,796)(2,761)Other financing activities, net(9,735)(10,759)Net cash used in financing activities$(207,274)$(579,078)Effect of currency translation on cash1,065 (626)Net decrease in cash and cash equivalents$(208,851)$(231,975)Cash and cash equivalents - beginning of period$399,903 $529,561 Cash and cash equivalents - end of period$191,052 $297,586                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         

Supplemental cash flow information:Interest paid$87,830 $104,622 Income taxes paid, net of refunds$33,913 $44,996 Supplemental disclosure of non-cash information:Additions to property and equipment from finance leases and