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Debt Obligations (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Long-term Debt Obligations

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

			December 31,
			2022						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			786,910						1,199,841
Borrowings under commercial paper program			373,000						—
Other long-term debt			92,907						64,800
Finance leases			3,542						2,546
Unamortized discount and financing costs			(26,432)						(29,295)
Total long-term debt obligations			3,729,927						3,737,892
Less — Current maturities of long-term debt			37,495						13,418
Total long-term debt obligations, net of current maturities			$	3,692,432					$	3,724,474

Schedule of Maturities of Long-term Debt

As of December 31, 2022, principal payments required to be made during the next five years are set forth in the table below. The payments required under finance leases and lease financing transactions are provided in Note 11.

2023						$	21,028
2024						$	539,436
2025						$	77,591
2026						$	1,029,829
2027						$	1,345

Schedule of Long-term Debt Instruments

The interest amounts due on Quanta’s senior notes on each payment date 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):

			Year Ended December 31,
			2022						2021						2020
Maximum amount outstanding			$	1,684,783					$	1,463,667					$	2,023,326
Average daily amount outstanding			$	1,250,493					$	591,114					$	1,091,091
Weighted-average interest rate			3.0		%				1.9		%				2.1		%

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