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Supplemental Cash Flow Information
 12 Months Ended
Dec. 31, 2019
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information
SUPPLEMENTAL CASH FLOW INFORMATION:
The net effects of changes in operating assets and liabilities, net of non-cash transactions, on cash flows from operating activities are as follows (in thousands):
 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Accounts and notes receivable
 
$
(214,580
)
 
$
(475,919
)
 
$
(425,313
)
Contract assets
 
(12,317
)
 
(92,838
)
 
15,999

Inventories
 
52,168

 
(28,131
)
 
14,110

Prepaid expenses and other current assets
 
(60,475
)
 
(40,187
)
 
(32,079
)
Accounts payable and accrued expenses and other non-current liabilities
 
39,419

 
247,897

 
28,547

Contract liabilities
 
174,230

 
(23
)
 
139,114

Other, net (1)
 
(135,250
)
 
(11,332
)
 
17,858

Net change in operating assets and liabilities, net of non-cash transactions
 
$
(156,805
)
 
$
(400,533
)
 
$
(241,764
)


(1) The amount for the year ended December 31, 2019 includes the payment of $87 million of on-demand advance payment bonds and $25 million of on-demand performance bonds exercised in connection with the termination of a large telecommunications project in Peru. See Legal Proceedings — Peru Project Dispute in Note 14 for additional information on this matter.
A reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of such amounts shown in the statements of cash flows is as follows (in thousands):
 
 
December 31,
 
 
2019
 
2018
 
2017
 
2016
Cash and cash equivalents
 
$
164,798

 
$
78,687

 
$
138,285

 
$
112,183

Restricted cash included in “Prepaid expenses and other current assets”
 
4,026

 
3,286

 
5,106

 
1,709

Restricted cash included in “Other assets, net”
 
921

 
1,283

 
384

 
518

Total cash, cash equivalents, and restricted cash reported in the statements of cash flows
 
$
169,745

 
$
83,256

 
$
143,775

 
$
114,410


Restricted cash includes any cash that is legally restricted as to withdrawal or usage.
Supplemental cash flow information related to leases is as follows (in thousands):
 
 
Year Ended
 
 
December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
 
 
Operating cash flows from operating leases
 
$
(119,357
)
Operating cash flows from finance leases
 
$
(64
)
Financing cash flows from finance leases
 
$
(1,835
)
Lease assets obtained in exchange for lease liabilities:
 
 
Operating leases
 
$
96,550

Finance leases
 
$
691


Additional supplemental cash flow information is as follows (in thousands):
 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Cash (paid) received during the period for -
 
 
 
 
 
 
Interest paid
 
$
(64,805
)
 
$
(34,935
)
 
$
(19,373
)
Income taxes paid
 
$
(116,467
)
 
$
(112,895
)
 
$
(112,335
)
Income tax refunds
 
$
7,174

 
$
5,209

 
$
9,845


During the year ended December 31, 2018, Quanta entered into a non-cash transaction whereby Quanta accepted title to a marine industrial property appraised at $6.4 million in exchange for a construction barge. During the year ended December 31, 2017, Quanta entered into a non-cash transaction whereby Quanta accepted title to a construction barge in satisfaction and discharge of a $7.1 million note receivable.