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Detail of Certain Accounts (Tables)

12 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Cash and Cash Equivalents

Amounts related to Quanta’s cash and cash equivalents based on geographic location of the bank accounts were as follows (in thousands):

						December 31,
						2022						2021
Cash and cash equivalents held in domestic bank accounts						$	376,456					$	205,781
Cash and cash equivalents held in foreign bank accounts						52,049						23,316
Total cash and cash equivalents						$	428,505					$	229,097

Amounts related to cash and cash equivalents held by consolidated or proportionately consolidated joint ventures and the captive insurance company, which are included in Quanta’s total cash and cash equivalents balances, were as follows (in thousands):

						December 31,
						2022						2021
Cash and cash equivalents held by domestic joint ventures						$	14,291					$	21,828
Cash and cash equivalents held by foreign joint ventures						6,277						3,461
Total cash and cash equivalents held by joint ventures						20,568						25,289
Cash and cash equivalents held by captive insurance company						35,085						133,302
Cash and cash equivalents not held by joint ventures or captive insurance company						372,852						70,506
Total cash and cash equivalents						$	428,505					$	229,097

Property and Equipment

Property and equipment consisted of the following (in thousands):

			Estimated Useful						December 31,
			Lives in Years						2022						2021
Land			N/A						$	90,715					$	86,013
Buildings and leasehold improvements			5-30						396,003						318,499
Operating machinery, equipment and vehicles			1-25						2,726,546						2,603,149
Office equipment, furniture and fixtures and information technology systems			3-10						282,282						259,776
Construction work in progress			N/A						84,446						91,502
Finance lease assets and lease financing transactions			5-20						101,385						64,256
Property and equipment, gross									3,681,377						3,423,195
Less — Accumulated depreciation and amortization									(1,650,913)						(1,503,498)
Property and equipment, net of accumulated depreciation									$	2,030,464					$	1,919,697

Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following (in thousands):

						December 31,
						2022						2021
Accounts payable, trade						$	1,302,086					$	1,251,118
Accrued compensation and related expenses						469,048						547,161
Other accrued expenses						381,995						456,392
Accounts payable and accrued expenses						$	2,153,129					$	2,254,671

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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Tabular disclosure of the components of cash and cash equivalents.

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