Condensed Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 40,235	$ 40,326
Accounts receivable, net (Note 5)	1,705,126	1,598,015
Inventories, net	80,483	76,992
Prepaid expenses	54,077	101,270
Other current assets	27,674	35,763
Total current assets	1,907,595	1,852,366
Property and equipment, net	709,806	706,506
Goodwill, net	1,145,434	1,137,738
Other intangible assets, net	187,442	191,142
Other long-term assets	204,071	178,824
Total assets	4,154,348	4,066,576
Current liabilities:
Current portion of long-term debt	86,558	87,866
Accounts payable	457,832	377,954
Accrued salaries and wages	78,118	89,087
Other accrued expenses	137,063	148,971
Billings in excess of costs and earnings	215,707	194,494
Other current liabilities	72,062	65,455
Total current liabilities	1,047,340	963,827
Long-term debt	1,343,549	1,280,706
Deferred income taxes	197,275	204,518
Other long-term liabilities	191,987	184,172
Total liabilities	2,780,151	2,633,223
Commitments and contingencies (Note 14)
Equity
Preferred stock, $1.00 par value: authorized shares - 5,000,000; issued and outstanding shares – none	0	0
Common stock, $0.10 par value: authorized shares - 145,000,000; issued shares - 91,063,699 and 90,935,584 (including 1,523,484 and 1,421,041 of unvested stock awards) as of March 31, 2018 and December 31, 2017, respectively	9,106	9,094
Capital surplus	779,449	775,387
Retained earnings	885,277	857,154
Accumulated other comprehensive loss	(56,519)	(63,712)
Treasury stock, at cost: 10,171,531 and 8,132,811 shares as of March 31, 2018 and December 31, 2017, respectively	(245,573)	(147,124)
Total MasTec, Inc. shareholders’ equity	1,371,740	1,430,799
Non-controlling interests	2,457	2,554
Total equity	1,374,197	1,433,353
Total liabilities and equity	$ 4,154,348	$ 4,066,576

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.