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Equity
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Equity
Note 11 – Equity
Share Activity
The Company’s share repurchase programs provide for the repurchase of shares of MasTec common stock from time to time in open market transactions or in privately-negotiated transactions in accordance with applicable securities laws. The timing and the amount of any repurchases is determined based on market conditions, legal requirements, cash flow and liquidity needs and other factors. The Company’s share repurchase programs do not have an expiration date and may be modified or suspended at any time at the Company’s discretion. Share repurchases, which are recorded at cost and are held in the Company’s treasury, are funded with available cash or with availability under the Credit Facility. The Company may use either authorized and unissued shares or treasury shares to meet share issuance requirements. Treasury stock is recorded at cost.
For the year ended December 31, 2019, share repurchases, which were completed under the Company’s September 2018 $150 million share repurchase program, totaled approximately $0.6 million. During the year ended December 31, 2018, the Company repurchased approximately 7.2 million shares of its common stock for an aggregate purchase price of $319.0 million. Of the 7.2 million repurchased shares, 2.9 million were repurchased for $120.6 million under the Company’s September 2018 $150 million share repurchase program, 2.0 million were repurchased for $98.4 million under a $100 million share repurchase program that was established in 2016 and completed in the first quarter of 2018 and 2.3 million were repurchased under the Company’s March 2018 $100 million share repurchase program that was completed in the third quarter of 2018. During the year ended December 31, 2017, share repurchases totaled approximately $1.6 million.
As of December 31, 2019, $128.8 million was available for future share repurchases under all of the Company’s open share repurchase programs, which included $28.8 million under the Company’s September 2018 share repurchase program, and the full amount of the Company’s December 2018 $100 million share repurchase program.
Accumulated Other Comprehensive Loss
A rollforward of activity within accumulated other comprehensive income (loss) for the periods indicated was as follows (in thousands):
 
 
For the Years Ended December 31,
 
 
2019
 
2018
 
2017
 
 
Foreign Currency
 
Other
 
Total
 
Foreign Currency
 
Other
 
Total
 
Foreign Currency
 
Other
 
Total
Balance as of January 1
 
$
(65,496
)
 
$
5,002

 
$
(60,494
)
 
$
(62,851
)
 
$
(861
)
 
$
(63,712
)
 
$
(64,478
)
 
$
(1,336
)
 
$
(65,814
)
Unrealized (losses) gains, net of tax
 
(189
)
 
(15,023
)
 
(15,212
)
 
(2,645
)
 
5,863

 
3,218

 
1,627

 
475

 
2,102

Balance as of December 31
 
$
(65,685
)
 
$
(10,021
)
 
$
(75,706
)
 
$
(65,496
)
 
$
5,002

 
$
(60,494
)
 
$
(62,851
)
 
$
(861
)
 
$
(63,712
)

Unrealized foreign currency activity, net, for the three years in the period ended December 31, 2019 relates to the Company’s operations in Canada and Mexico, and unrealized investment activity, net, relates to unrealized gains and losses on interest rate swaps associated with the Waha JVs.