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Debt Obligations (Tables) | 3 Months Ended
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Mar. 31, 2024
Debt Disclosure [Abstract] |
Long-term Debt Obligations | Quanta’s long-term debt obligations consisted of the following (in thousands):
|  | March 31, 2024 |  | December 31, 2023
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) |  | 854,364 |  |  | 867,137 |
Borrowings under commercial paper program |  | 208,350 |  |  | 705,900 |
Lease financing transactions |  | 126,409 |  |  | 102,955 |
Other long-term debt |  | 6,219 |  |  | 6,279 |
Finance leases |  | 46,373 |  |  | 39,577 |
Unamortized discount and financing costs |  | (20,991) |  |  | (23,142) |
Total long-term debt obligations |  | 3,720,724 |  |  | 4,198,706 |
Less — Current maturities of long-term debt |  | 546,543 |  |  | 535,202 |
Total long-term debt obligations, net of current maturities |  | $ | 3,174,181 |  |  | $ | 3,663,504 |
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,
|  |  |  |  |  | 2024 |  | 2023
Maximum amount outstanding |  |  |  |  |  | $ | 867,204 |  |  | $ | 956,308 |
Average daily amount outstanding |  |  |  |  |  | $ | 841,295 |  |  | $ | 859,270 |
Weighted-average interest rate |  |  |  |  |  | 6.80 | % |  | 5.99 | %
Borrowings under the commercial paper program and the applicable interest rates were as follows (dollars in thousands):
|  |  |  | Three Months Ended
|  |  |  | March 31,
|  |  |  |  |  | 2024 |  | 2023
Maximum amount outstanding |  |  |  |  |  | $ | 705,900 |  |  | $ | 747,700 |
Average daily amount outstanding |  |  |  |  |  | $ | 216,075 |  |  | $ | 494,600 |
Weighted-average interest rate |  |  |  |  |  | 5.80 | % |  | 5.38 | %

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