Supplemental Cash Flow Information

9 Months Ended

Sep. 30, 2020

Supplemental Cash Flow Elements [Abstract]

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				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Accounts and notes receivable	$	(322,579)	$	(479,573)	$	37,541	$	(695,364)
Contract assets	21,950		34,016		121,999		(67,882)
Inventories	8,655		1,511		6,787		43,598
Prepaid expenses and other current assets	19,655		(8,048)		70,133		(110,622)
Accounts payable and accrued expenses and other non-current liabilities	235,633		250,608		147,888		228,473
Contract liabilities	(79,964)		68,535		(73,567)		112,545
Other, net (1)	(7,813)		(4,957)		(20,066)		(134,305)
Net change in operating assets and liabilities, net of non-cash transactions	$	(124,463)	$	(137,908)	$	290,715	$	(623,557)

(1) The amount for the nine months ended September 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):


	September 30,
	2020		2019
Cash and cash equivalents	$	216,935	$	80,044
Restricted cash included in “Prepaid expenses and other current assets”	1,252		3,441
Restricted cash included in “Other assets, net”	915		1,026
Total cash, cash equivalents, and restricted cash reported in the statements of cash flows	$	219,102	$	84,511


	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


	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				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(29,333)	$	(29,908)	$	(88,570)	$	(89,175)
Operating cash flows from finance leases	$	(16)	$	(15)	$	(50)	$	(53)
Financing cash flows from finance leases	$	(102)	$	(411)	$	(525)	$	(1,523)
Lease assets obtained in exchange for lease liabilities:
Operating leases	$	16,619	$	32,701	$	56,970	$	76,107
Finance leases	$	275	$	10	$	1,158	$	631

Additional supplemental cash flow information is as follows (in thousands):


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Cash (paid) received during the period for —
Interest paid	$	(8,443)	$	(16,312)	$	(30,704)	$	(45,469)
Income taxes paid	$	(86,077)	$	(40,745)	$	(149,690)	$	(109,271)
Income tax refunds	$	1,087	$	4,730	$	5,545	$	6,058

During the nine months ended September 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.