Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 181,225	$ 529,561
Accounts receivable, net of allowance	1,453,579	1,370,074
Contract assets	1,646,169	1,756,381
Inventories, net	101,158	108,146
Prepaid expenses	89,636	105,880
Other current assets	101,128	104,211
Total current assets	3,572,895	3,974,253
Property and equipment, net	1,519,378	1,651,462
Operating lease right-of-use assets	398,564	418,685
Goodwill, net	2,135,683	2,126,366
Other intangible assets, net	718,230	784,260
Other long-term assets	418,222	418,485
Total assets	8,762,972	9,373,511
Current liabilities:
Current portion of long-term debt, including finance leases	185,085	177,246
Current portion of operating lease liabilities	144,836	137,765
Accounts payable	1,040,976	1,242,602
Accrued salaries and wages	233,895	198,943
Other accrued expenses	427,455	415,075
Contract liabilities	708,164	480,967
Other current liabilities	147,340	184,621
Total current liabilities	2,887,751	2,837,219
Long-term debt, including finance leases	2,138,697	2,888,058
Long-term operating lease liabilities	264,632	292,873
Deferred income taxes	381,219	390,399
Other long-term liabilities	261,961	243,701
Total liabilities	5,934,260	6,652,250
Commitments and contingencies (Note 12)
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 - 99,030,346 and 99,093,134 (including 1,304,715 and 1,504,996 of unvested stock awards) as of September 30, 2024 and December 31, 2023, respectively	9,903	9,909
Capital surplus	1,284,611	1,263,360
Retained earnings	2,233,841	2,145,793
Accumulated other comprehensive loss	(58,776)	(52,997)
Treasury stock, at cost: 19,813,055 shares as of both September 30, 2024 and December 31, 2023	(659,913)	(659,913)
Total MasTec, Inc. shareholders’ equity	2,809,666	2,706,152
Non-controlling interests	19,046	15,109
Total equity	2,828,712	2,721,261
Total liabilities and equity	$ 8,762,972	$ 9,373,511