v3.25.0.1
Detail of Certain Accounts (Tables)
 12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Cash and Cash Equivalents Amounts related to cash and cash equivalents held by consolidated or proportionately consolidated joint ventures and the captive insurance company, which are included in Quanta’s total cash and cash equivalents balances, were as follows (in thousands):
 December 31,
 20242023
Cash and cash equivalents held by domestic joint ventures$71,646 $41,427 
Cash and cash equivalents held by foreign joint ventures10,088 10,968 
Total cash and cash equivalents held by joint ventures81,734 52,395 
Cash and cash equivalents held by captive insurance company19,445 19,088 
Cash and cash equivalents not held by joint ventures or captive insurance company640,781 1,218,765 
Total cash and cash equivalents$741,960 $1,290,248 
Property and Equipment
Property and equipment consisted of the following (in thousands):
 Estimated UsefulDecember 31,
 Lives in Years20242023
LandN/A$134,590 $102,839 
Buildings and leasehold improvements
5-30
514,888 456,004 
Operating machinery, equipment and vehicles
1-25
3,347,871 3,069,882 
Office equipment, furniture and fixtures and information technology systems
3-10
298,878 290,687 
Construction work in progressN/A125,676 73,018 
Finance lease assets and lease financing transactions
5-20
239,806 165,923 
Property and equipment, gross4,661,709 4,158,353 
Less — Accumulated depreciation and amortization (1,961,432)(1,821,410)
Property and equipment, net of accumulated depreciation $2,700,277 $2,336,943 
Accounts Payable and Accrued Expenses
Accounts payable and accrued expenses consisted of the following (in thousands):
 December 31,
 20242023
Accounts payable, trade$2,096,125 $2,027,588 
Accrued compensation and related expenses651,893 526,221 
Other accrued expenses974,325 507,433 
Accounts payable and accrued expenses$3,722,343 $3,061,242