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Debt Obligations (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Long-term Debt Obligations

Quanta’s long-term debt obligations consisted of the following (in thousands):

						June 30, 2022						December 31, 2021
0.950% Senior Notes due October 2024						$	500,000					$	500,000
2.900% Senior Notes due October 2030						1,000,000						1,000,000
2.350% Senior Notes due January 2032						500,000						500,000
3.050% Senior Notes due October 2041						500,000						500,000
Borrowings under senior credit facility						1,333,185						1,199,841
Other long-term debt						89,272						64,800
Finance leases						3,431						2,546
Unamortized discount and debt issuance costs related to senior notes and term loan						(27,432)						(29,295)
Total long-term debt obligations						3,898,456						3,737,892
Less — Current maturities of long-term debt						27,162						13,418
Total long-term debt obligations, net of current maturities						$	3,871,294					$	3,724,474

Current Maturities and Interest Rates 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):

						June 30, 2022						December 31, 2021
Short-term debt						$	—					$	15,748
Current maturities of long-term debt						27,162						13,418
Current maturities of long-term debt and short-term debt						$	27,162					$	29,166

Schedule of Interest on Senior Notes

The interest amounts due on Quanta’s senior notes are set forth below (dollars in thousands).

Title of the Notes

Interest Amount

Payment Dates

Commencement Date

0.950% Senior Notes due October 2024

$

2,375

April 1 and October 1

April 1, 2022

2.900% Senior Notes due October 2030

$

14,500

April 1 and October 1

April 1, 2021

2.350% Senior Notes due January 2032

$

5,875

January 15 and July 15

July 15, 2022

3.050% Senior Notes due October 2041

$

7,625

April 1 and October 1

April 1, 2022

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												Six Months Ended
						June 30,												June 30,
						2022						2021						2022						2021
Maximum amount outstanding under the senior credit facility during the period						$	1,597,744					$	576,993					$	1,597,744					$	576,993
Average daily amount outstanding under the senior credit facility						$	1,466,146					$	449,132					$	1,361,728					$	332,409
Weighted-average interest rate of the senior credit facility						2.32		%				1.90		%				2.04		%				1.99		%

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