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Debt Obligations (Tables)
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Long-term Debt Obligations
Quanta’s long-term debt obligations consisted of the following (in thousands):
June 30, 2024December 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)858,613 867,137 
Borrowings under commercial paper program— 705,900 
Lease financing transactions138,147 102,955 
Other long-term debt5,861 6,279 
Finance leases40,143 39,577 
Unamortized discount and financing costs(19,984)(23,142)
Total long-term debt obligations3,522,780 4,198,706 
Less — Current maturities of long-term debt549,260 535,202 
Total long-term debt obligations, net of current maturities$2,973,520 $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 NotesInterest AmountPayment DatesCommencement Date
0.950% Senior Notes due October 2024
$2,375 April 1 and October 1April 1, 2022
2.900% Senior Notes due October 2030
$14,500 April 1 and October 1April 1, 2021
2.350% Senior Notes due January 2032
$5,875 January 15 and July 15July 15, 2022
3.050% Senior Notes due October 2041
$7,625 April 1 and October 1April 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 EndedSix Months Ended
June 30,June 30,
2024202320242023
Maximum amount outstanding$888,448 $987,348 $888,448 $987,348 
Average daily amount outstanding$872,133 $959,501 $856,714 $909,662 
Weighted-average interest rate6.76 %6.42 %6.78 %6.22 %
Borrowings under the commercial paper program and the applicable interest rates were as follows (dollars in thousands):
Three Months EndedSix Months Ended
June 30,June 30,
2024202320242023
Maximum amount outstanding$554,500 $841,400 $705,900 $841,400 
Average daily amount outstanding $301,786 $752,238 $258,930 $622,756 
Weighted-average interest rate5.55 %5.90 %5.67 %5.64 %