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Supplemental Cash Flow Information
 6 Months Ended
Jun. 30, 2020
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information SUPPLEMENTAL CASH FLOW INFORMATION:
The net effects of changes in operating assets and liabilities, net of non-cash transactions, on cash flows from operating activities are as follows (in thousands):
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2020
 
2019
 
2020
 
2019
Accounts and notes receivable
 
$
237,790

 
$
(56,322
)
 
$
360,120

 
$
(215,791
)
Contract assets
 
83,677

 
(107,165
)
 
100,049

 
(101,898
)
Inventories
 
2,500

 
13,091

 
(1,868
)
 
42,087

Prepaid expenses and other current assets
 
(33,600
)
 
(73,235
)
 
50,478

 
(102,574
)
Accounts payable and accrued expenses and other non-current liabilities
 
22,649

 
44,543

 
(87,745
)
 
(22,135
)
Contract liabilities
 
19,283

 
67,390

 
6,397

 
44,010

Other, net (1)
 
(6,591
)
 
(123,795
)
 
(12,253
)
 
(129,348
)
Net change in operating assets and liabilities, net of non-cash transactions
 
$
325,708

 
$
(235,493
)
 
$
415,178

 
$
(485,649
)

(1) The amounts for the three and six months ended June 30, 2019 include the payment of $87 million of on-demand advance payment bonds and $25 million of on-demand performance bonds exercised in connection with the terminated telecommunications project in Peru. See Legal Proceedings – Peru Project Dispute in Note 11 for additional information on this matter.
A reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets that sum to the total of such amounts shown in the statements of cash flows is as follows (in thousands):
 
 
June 30,
 
 
2020
 
2019
Cash and cash equivalents
 
$
530,670

 
$
73,356

Restricted cash included in “Prepaid expenses and other current assets”
 
1,266

 
3,733

Restricted cash included in “Other assets, net”
 
917

 
1,028

Total cash, cash equivalents, and restricted cash reported in the statements of cash flows
 
$
532,853

 
$
78,117

 
 
March 31,
 
 
2020
 
2019
Cash and cash equivalents
 
$
377,205

 
$
85,423

Restricted cash included in “Prepaid expenses and other current assets”
 
3,514

 
3,038

Restricted cash included in “Other assets, net”
 
919

 
1,031

Total cash, cash equivalents, and restricted cash reported in the statements of cash flows
 
$
381,638

 
$
89,492

 
 
December 31,
 
 
2019
 
2018
Cash and cash equivalents
 
$
164,798

 
$
78,687

Restricted cash included in “Prepaid expenses and other current assets”
 
4,026

 
3,286

Restricted cash included in “Other assets, net”
 
921

 
1,283

Total cash, cash equivalents, and restricted cash reported in the statements of cash flows
 
$
169,745

 
$
83,256

Restricted cash includes any cash that is legally restricted as to withdrawal or usage.
Supplemental cash flow information related to leases is as follows (in thousands):
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2020
 
2019
 
2020
 
2019
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
 
 
 
 
 
Operating cash flows from operating leases
 
$
(29,755
)
 
$
(29,820
)
 
$
(59,237
)
 
$
(59,267
)
Operating cash flows from finance leases
 
$
(17
)
 
$
(17
)
 
$
(34
)
 
$
(38
)
Financing cash flows from finance leases
 
$
(222
)
 
$
(482
)
 
$
(423
)
 
$
(1,112
)
Lease assets obtained in exchange for lease liabilities:
 
 
 
 
 
 
 
 
Operating leases
 
$
10,658

 
$
27,467

 
$
40,351

 
$
43,406

Finance leases
 
$
17

 
$
220

 
$
883

 
$
621


Additional supplemental cash flow information is as follows (in thousands):
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2020
 
2019
 
2020
 
2019
Cash (paid) received during the period for —
 
 
 
 
 
 
 
 
Interest paid
 
$
(8,989
)
 
$
(15,725
)
 
$
(22,261
)
 
$
(29,157
)
Income taxes paid
 
$
(9,392
)
 
$
(60,333
)
 
$
(63,613
)
 
$
(68,526
)
Income tax refunds
 
$
2,119

 
$
50

 
$
4,458

 
$
1,328


During the six months ended June 30, 2020, in connection with the disposition of a small business, Quanta recorded a note receivable in exchange for the transfer of $8.5 million of inventory.