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Debt Obligations (Tables) | 3 Months Ended
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Mar. 31, 2026
Debt Disclosure [Abstract] |
Long-term Debt Obligations | Quanta’s long-term debt obligations consisted of the following (in thousands):
|  | March 31, 2026 |  | December 31, 2025
4.75% Senior Notes due August 2027 |  | $ | 600,000 |  |  | $ | 600,000 |
4.30% Senior Notes due August 2028 |  | 500,000 |  |  | 500,000 |
2.90% Senior Notes due October 2030 |  | 1,000,000 |  |  | 1,000,000 |
4.50% Senior Notes due January 2031 |  | 500,000 |  |  | 500,000 |
2.35% Senior Notes due January 2032 |  | 500,000 |  |  | 500,000 |
5.25% Senior Notes due August 2034 |  | 650,000 |  |  | 650,000 |
5.10% Senior Notes due August 2035 |  | 500,000 |  |  | 500,000 |
3.05% Senior Notes due October 2041 |  | 500,000 |  |  | 500,000 |
Borrowings under senior credit facility (including Term Loan) |  | 684,279 |  |  | 675,000 |
Borrowings under commercial paper program |  | 252,000 |  |  | 316,000 |
Lease financing transactions |  | 207,377 |  |  | 198,847 |
Other long-term debt |  | 2,424 |  |  | 2,761 |
Finance leases |  | 34,269 |  |  | 93,055 |
Unamortized discount and financing costs |  | (38,735) |  |  | (40,757) |
Total long-term debt obligations |  | 5,891,614 |  |  | 5,994,906 |
Less — Current maturities of long-term debt |  | 689,694 |  |  | 763,898 |
Total long-term debt obligations, net of current maturities |  | $ | 5,201,920 |  |  | $ | 5,231,008 |
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
4.75% Senior Notes due August 2027 |  | $ | 14,250 |  |  | February 9 and August 9 |  | February 9, 2025
4.30% Senior Notes due August 2028 |  | $ | 10,750 |  |  | February 9 and August 9 |  | February 9, 2026
2.90% Senior Notes due October 2030 |  | $ | 14,500 |  |  | April 1 and October 1 |  | April 1, 2021
4.50% Senior Notes due January 2031 |  | $ | 11,250 |  |  | January 15 and July 15 |  | January 15, 2026
2.35% Senior Notes due January 2032 |  | $ | 5,875 |  |  | January 15 and July 15 |  | July 15, 2022
5.25% Senior Notes due August 2034 |  | $ | 17,063 |  |  | February 9 and August 9 |  | February 9, 2025
5.10% Senior Notes due August 2035 |  | $ | 12,750 |  |  | February 9 and August 9 |  | February 9, 2026
3.05% 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, |  |
|  | 2026 |  | 2025 |  |  |  |
Maximum amount outstanding |  | $ | 719,483 |  |  | $ | 741,565 |  |  |  |  |
Average daily amount outstanding |  | $ | 671,267 |  |  | $ | 720,535 |  |  |  |  |
Weighted-average interest rate |  | 4.97 | % |  | 5.73 | % |  |  |  |
Borrowings under the commercial paper program and the applicable interest rates were as follows (dollars in thousands):
|  | Three Months Ended |  |
|  | March 31, |  |
|  | 2026 |  | 2025 |  |  |  |
Maximum amount outstanding |  | $ | 788,500 |  |  | $ | 564,429 |  |  |  |  |
Average daily amount outstanding |  | $ | 462,847 |  |  | $ | 174,142 |  |  |  |  |
Weighted-average interest rate |  | 3.94 | % |  | 4.72 | % |  |  |  |

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