Debt Obligations (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Long-term Debt Obligations

Quanta’s long-term debt obligations consisted of the following (in thousands):

	March 31, 2022		December 31, 2021
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	1,272,879		1,199,841
Other long-term debt	86,421		64,800
Finance leases	3,341		2,546
Unamortized discount and debt issuance costs related to senior notes and term loan	(28,365)		(29,295)
Total long-term debt obligations	3,834,276		3,737,892
Less — Current maturities of long-term debt	21,865		13,418
Total long-term debt obligations, net of current maturities	$	3,812,411	$	3,724,474

Current Maturities and Interest Rates of Long-Term Debt and Short-Term Debt

Quanta’s current maturities of long-term debt and short-term debt consisted of the following (in thousands):

	March 31, 2022		December 31, 2021
Short-term debt	$	—	$	15,748
Current maturities of long-term debt	21,865		13,418
Current maturities of long-term debt and short-term debt	$	21,865	$	29,166

Schedule of Interest on Senior Notes

The interest amounts due on Quanta’s senior notes 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,
	2022			2021
Maximum amount outstanding under the senior credit facility during the period	$	1,451,597		$	363,054
Average daily amount outstanding under the senior credit facility	$	1,256,150		$	214,389
Weighted-average interest rate of the senior credit facility	1.71		%	2.18		%