Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 141,560	$ 370,592
Accounts receivable, net of allowance	1,372,046	1,399,732
Contract assets	1,769,631	1,729,886
Inventories, net	164,917	117,969
Prepaid expenses	123,378	122,308
Other current assets	85,131	118,640
Total current assets	3,656,663	3,859,127
Property and equipment, net	1,730,602	1,754,101
Operating lease right-of-use assets	276,231	279,534
Goodwill, net	2,065,602	2,045,041
Other intangible assets, net	904,412	946,299
Other long-term assets	421,826	409,157
Total assets	9,055,336	9,293,259
Current liabilities:
Current portion of long-term debt, including finance leases	166,676	171,916
Current portion of operating lease liabilities	96,817	96,516
Accounts payable	925,609	1,109,867
Accrued salaries and wages	198,295	181,888
Other accrued expenses	331,247	365,971
Contract liabilities	438,645	406,232
Other current liabilities	221,246	163,647
Total current liabilities	2,378,535	2,496,037
Long-term debt, including finance leases	3,045,526	3,052,193
Long-term operating lease liabilities	190,132	194,050
Deferred income taxes	535,531	571,401
Other long-term liabilities	257,980	238,391
Total liabilities	6,407,704	6,552,072
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 - 98,674,997 and 98,615,105 (including 1,377,480 and 2,047,130 of unvested stock awards) as of March 31, 2023 and December 31, 2022, respectively	9,867	9,862
Capital surplus	1,235,608	1,246,590
Retained earnings	2,115,202	2,195,742
Accumulated other comprehensive loss	(54,460)	(50,955)
Treasury stock, at cost: 19,813,055 and 19,933,055 shares as of March 31, 2023 and December 31, 2022, respectively	(659,913)	(663,910)
Total MasTec, Inc. shareholders’ equity	2,646,304	2,737,329
Non-controlling interests	1,328	3,858
Total equity	2,647,632	2,741,187
Total liabilities and equity	$ 9,055,336	$ 9,293,259