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Debt Obligations (Tables)

3 Months Ended

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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