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Segments and Related Information (Tables)
12 Months Ended
Dec. 31, 2021
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, including a reconciliation of consolidated income before income taxes to EBITDA, all of which are presented in millions. The tables below may contain slight summation differences due to rounding.
For the Years Ended December 31,
Revenue:202120202019
Communications (a)
$2,551.1 $2,512.2 $2,618.8 
Clean Energy and Infrastructure1,865.0 1,526.9 1,034.3 
Oil and Gas2,540.5 1,789.8 3,117.2 
Power Delivery1,016.8 506.5 413.9 
Other0.0 0.6 0.2 
Eliminations(21.6)(15.0)(1.2)
Consolidated revenue$7,951.8 $6,321.0 $7,183.2 
(a)    Revenue generated primarily by utilities customers represented 20.8%, 15.6% and 15.0% of Communications segment revenue for the years ended December 31, 2021, 2020 and 2019, respectively.
For the Years Ended December 31,
EBITDA:202120202019
Communications$269.5 $270.1 $208.8 
Clean Energy and Infrastructure75.0 80.4 40.1 
Oil and Gas557.6 510.9 634.2 
Power Delivery68.0 14.9 29.5 
Other33.8 30.7 26.5 
Corporate(97.5)(124.5)(115.7)
Consolidated EBITDA$906.3 $782.5 $823.4 
For the Years Ended December 31,
Depreciation and Amortization:202120202019
Communications$99.3 $87.1 $65.0 
Clean Energy and Infrastructure43.5 18.2 14.1 
Oil and Gas207.8 156.6 127.2 
Power Delivery61.5 24.7 20.0 
Other0.0 0.1 0.1 
Corporate10.7 11.1 9.1 
Consolidated depreciation and amortization$422.8 $297.8 $235.5 
As of December 31,
Assets:202120202019
Communications$2,031.5 $1,941.9 $1,958.1 
Clean Energy and Infrastructure1,067.0 653.7 570.5 
Oil and Gas1,450.6 1,631.1 1,762.4 
Power Delivery2,209.4 541.6 463.9 
Other238.1 191.8 192.2 
Corporate124.8 267.8 49.9 
Consolidated segment assets$7,121.4 $5,227.8 $4,997.0 
For the Years Ended December 31,
Capital Expenditures:202120202019
Communications$50.6 $38.4 $36.0 
Clean Energy and Infrastructure44.6 14.0 12.7 
Oil and Gas55.7 149.2 59.7 
Power Delivery13.0 3.8 6.8 
Other0.0 0.0 0.0 
Corporate6.2 8.3 11.3 
Consolidated capital expenditures$170.1 $213.7 $126.5 
Reconciliation of Consolidated Income before Income Taxes to EBITDA
For the Years Ended December 31,
EBITDA Reconciliation:202120202019
Income before income taxes$430.1 $425.2 $510.9 
Plus:
Interest expense, net53.4 59.6 77.0 
Depreciation345.6 258.8 212.5 
Amortization77.2 38.9 23.0 
Consolidated EBITDA$906.3 $782.5 $823.4 
Schedule of Significant Customers, Revenue Concentration Information
Revenue concentration information for significant customers as a percentage of total consolidated revenue was as follows:
For the Years Ended December 31,
202120202019
Customer:
Enbridge, Inc. (a)
16%4%—%
AT&T (excluding DIRECTV®) (b)
9%15%15%
Equitrans Midstream Corporation (c)
4%3%11%
(a)    The Company’s relationship with Enbridge, Inc. is based upon various construction contracts for pipeline activities, for which the related revenue is included within the Oil and Gas segment.
(b)    The Company’s relationship with AT&T is based upon multiple separate master service and other service agreements, including for installation and maintenance services, as well as construction/installation contracts for AT&T’s: (i) wireless; (ii) wireline/fiber; and (iii) other installation services, including smart city initiatives. Revenue from AT&T is included within the Communications segment. DIRECTV® was spun off from AT&T in July 2021. Revenue from DIRECTV® is excluded from AT&T for all periods presented.
(c)    The Company's relationship with Equitrans Midstream Corporation and its affiliates is based upon various construction contracts for pipeline activities, for which the related revenue is included within the Oil and Gas segment.