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Segments and Related Information (Tables)
12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Schedule of Financial Information by Reportable Segment
Summarized financial information for MasTec’s reportable segments is presented and reconciled to consolidated financial information for total MasTec in the following tables (in millions):
 
For the Years Ended December 31,
Revenue:
2014
 
2013
 
2012
Communications (a)
$
2,041.0

 
$
1,962.6

 
$
1,772.7

Oil and Gas
1,731.4

 
1,628.8

 
959.0

Electrical Transmission
471.9

 
428.8

 
312.2

Power Generation and Industrial
357.0

 
294.3

 
668.1

Other
14.7

 
12.3

 
16.7

Eliminations
(4.2
)
 
(2.0
)
 
(1.9
)
Consolidated revenue
$
4,611.8

 
$
4,324.8

 
$
3,726.8

(a)
Revenue generated by utilities customers represented 6.8%, 6.9% and 10.9% of Communications segment revenue in 2014, 2013 and 2012, respectively.

 
For the Years Ended December 31,
EBITDA - Continuing Operations:
2014
 
2013
 
2012
Communications
$
204.0

 
$
247.7

 
$
192.0

Oil and Gas
195.1

 
215.9

 
99.4

Electrical Transmission
45.0

 
41.2

 
38.7

Power Generation and Industrial
14.2

 
(16.3
)
 
32.0

Other
(1.2
)
 
0.5

 
2.0

Corporate
(53.4
)
 
(61.4
)
 
(42.0
)
Consolidated EBITDA - Continuing operations
$
403.7

 
$
427.6

 
$
322.1


 
For the Years Ended December 31,
Depreciation and Amortization:
2014
 
2013
 
2012
Communications
$
42.6

 
$
36.8

 
$
29.1

Oil and Gas
82.8

 
80.9

 
42.0

Electrical Transmission
17.1

 
12.6

 
11.0

Power Generation and Industrial
6.4

 
6.7

 
6.7

Other

 

 
0.1

Corporate
5.6

 
3.9

 
3.1

Consolidated depreciation and amortization
$
154.5

 
$
140.9

 
$
92.0


 
As of December 31,
Assets:
2014
 
2013
 
2012
Communications
$
1,197.4

 
$
973.5

 
$
843.5

Oil and Gas
1,389.5

 
1,060.8

 
809.2

Electrical Transmission
489.5

 
449.3

 
311.2

Power Generation and Industrial
340.1

 
324.5

 
323.8

Other
24.6

 
22.8

 
6.9

Corporate
122.9

 
79.8

 
95.5

Consolidated segment assets
$
3,564.0

 
$
2,910.7

 
$
2,390.1


 
For the Years Ended December 31,
Capital Expenditures:
2014
 
2013
 
2012
Communications
$
23.4

 
$
25.1

 
$
19.2

Oil and Gas
44.2

 
67.4

 
40.3

Electrical Transmission
25.8

 
17.6

 
11.5

Power Generation and Industrial
6.7

 
5.7

 
5.6

Corporate
9.2

 
10.3

 
2.8

Consolidated capital expenditures
$
109.3

 
$
126.1

 
$
79.4

Reconciliation of EBITDA to Consolidated Income from Continuing Operations before Income Taxes
The following table presents a reconciliation of EBITDA to consolidated income from continuing operations before income taxes:
 
For the Years Ended December 31,
EBITDA Reconciliation:
2014
 
2013
 
2012
EBITDA - Continuing operations
$
403.7

 
$
427.6

 
$
322.1

Less:
 
 
 
 
 
Interest expense, net
(50.8
)
 
(46.4
)
 
(37.4
)
Depreciation and amortization
(154.5
)
 
(140.9
)
 
(92.0
)
Income from continuing operations before income taxes
$
198.4

 
$
240.2

 
$
192.7

Reconciliation of Total Segment Assets to Total Consolidated Assets
A reconciliation of total segment assets to consolidated total assets as of the dates indicated is as follows:
 
As of December 31,
Asset Reconciliation:
2014
 
2013
 
2012
Total segment assets
$
3,564.0

 
$
2,910.7

 
$
2,390.1

Total assets of discontinued operations
$

 
$
12.5

 
$
26.2

Total assets
$
3,564.0

 
$
2,923.2

 
$
2,416.3

Schedule of Significant Customers, Revenue Concentration Information
Revenue concentration information for significant customers as a percent of total consolidated revenue was as follows:
 
For the Years Ended December 31,
 
2014
 
2013
 
2012
Customer:
 
 
 
 
 
AT&T (a) (c)
21%
 
18%
 
18%
DIRECTV® (b) (c)
12%
 
14%
 
17%
Enbridge, Inc. (d)
8%
 
18%
 
3%
(a)
The Company's relationship with AT&T is based upon master service agreements, other service agreements and construction/installation contracts for AT&T's wireless, wireline/fiber and home security and automation businesses. Revenue from AT&T is included in the Communications segment.
(b)
The Company's relationship with DIRECTV® is based upon an agreement to provide installation and maintenance services for DIRECTV®. Revenue from DIRECTV® is included in the Communications segment.
(c)
AT&T acquired DIRECTV® in July 2015. On a combined basis, AT&T and DIRECTV® represented 33%, 32% and 34% of consolidated revenue for the years ended December 31, 2014, 2013 and 2012, respectively.
(d)
The Company's relationship with Enbridge, Inc. is based upon various construction contracts for natural gas pipelines. Revenue from Enbridge, Inc. is included in the Oil and Gas segment.