Debt (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Schedule of Carrying Values of Debt

The following table provides details of the carrying values of debt as of the dates indicated (in millions):

		December 31,
Description	Maturity Date	2015			2014
Senior secured credit facility:
Revolving loans	October 29, 2018	$	208.5		$	282.7
Term loan	November 21, 2019	250.0			250.0
4.875% Senior Notes	March 15, 2023	400.0			400.0
Other credit facilities	Varies	16.4			1.2
Capital lease obligations, weighted average interest rate of 2.8%	In installments through June 13, 2021	130.9			176.5
Notes payable, equipment, weighted average interest rate of 2.7%	In installments through June 30, 2018	17.4			24.4
Total debt		$	1,023.2		$	1,134.8
Less current maturities		(77.7		)	(73.6		)
Long-term debt		$	945.5		$	1,061.2

Schedule of Contractual Maturities of Debt and Capital Lease Obligations

Contractual maturities of MasTec’s debt and capital lease obligations as of December 31, 2015 were as follows (in millions):

2016	$	77.7
2017	60.2
2018	265.6
2019	219.2
2020	0.4
Thereafter	400.1
Total	$	1,023.2

Schedule of Interest Expense, Net

The following table provides details of interest expense, net, for the periods indicated (in millions):

	For the Years Ended December 31,
	2015			2014			2013
Interest expense:
Contractual and other interest expense (a)	$	45.8		$	43.5		$	37.6
Accretion of senior convertible note discount	—			4.0			5.2
Amortization of deferred financing costs	2.9			3.4			4.0
Total interest expense	$	48.7		$	50.9		$	46.8
Interest income	(0.6		)	(0.1		)	(0.4		)
Interest expense, net	$	48.1		$	50.8		$	46.4

(a) Contractual and other interest expense for the year ended December 31, 2015 includes $0.8 million of consent solicitation agent fees related to the delay in filing of the Company’s 2014 Form 10-K and its First Quarter 2015 Form 10-Q, as well as $1.6 million of discount fees related to financing arrangements.