XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.21.1

Debt Obligations (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2021
Debt Disclosure [Abstract] |
Long-term Debt Obligations | Quanta’s long-term debt obligations consisted of the following (in thousands):
|  | March 31, 2021 |  | December 31, 2020
2.900% Senior Notes due 2030 |  | $ | 1,000,000 |  |  | $ | 1,000,000 |
Borrowings under senior credit facility |  | 321,703 |  |  | 148,508 |
Other long-term debt |  | 46,511 |  |  | 46,981 |
Finance leases |  | 2,615 |  |  | 2,228 |
Unamortized discount and debt issuance costs related to senior notes |  | (12,560) |  |  | (12,892) |
Total long-term debt obligations |  | 1,358,269 |  |  | 1,184,825 |
Less — Current maturities of long-term debt |  | 10,709 |  |  | 10,531 |
Total long-term debt obligations, net of current maturities |  | $ | 1,347,560 |  |  | $ | 1,174,294 |
Current Maturities of Long-Term Debt and Short-Term Debt | Quanta’s current maturities of long-term debt and short-term debt consisted of the following (in thousands):
|  | March 31, 2021 |  | December 31, 2020
Short-term debt |  | $ | — |  |  | $ | 4,233 |
Current maturities of long-term debt |  | 10,709 |  |  | 10,531 |
Current maturities of long-term debt and short-term debt |  | $ | 10,709 |  |  | $ | 14,764 |
Borrowings under Credit Facility and Applicable Interest Rates | Borrowings under the senior credit facility and the applicable interest rates were as follows (dollars in thousands):
|  | Three Months Ended |  |
|  | March 31, |  |
|  | 2021 |  | 2020 |  |  |  |
Maximum amount outstanding |  | $ | 363,054 |  |  | $ | 2,024,473 |  |  |  |  |
Average daily amount outstanding |  | $ | 214,389 |  |  | $ | 1,458,311 |  |  |  |  |
Weighted-average interest rate |  | 2.18 | % |  | 3.11 | % |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration