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Debt Obligations (Tables)

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Long-term Debt Obligations

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

						March 31, 2023						December 31, 2022
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 (including Term Loan)						942,100						786,910
Borrowings under commercial paper program						598,750						373,000
Other long-term debt						92,268						92,907
Finance leases						16,577						3,542
Unamortized discount and financing costs						(25,596)						(26,432)
Total long-term debt obligations						4,124,099						3,729,927
Less — Current maturities of long-term debt						39,691						37,495
Total long-term debt obligations, net of current maturities						$	4,084,408					$	3,692,432

Schedule of Interest on Senior Notes

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):

						Three Months Ended
						March 31,
						2023						2022
Maximum amount outstanding						$	956,308					$	1,451,597
Average daily amount outstanding						$	859,270					$	1,256,150
Weighted-average interest rate						5.99		%				1.71		%

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