Detail of Certain Accounts (Tables)

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

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,
	2023		2022
Cash and cash equivalents held by domestic joint ventures	$	41,427	$	14,291
Cash and cash equivalents held by foreign joint ventures	10,968		6,277
Total cash and cash equivalents held by joint ventures	52,395		20,568
Cash and cash equivalents held by captive insurance company	19,088		35,085
Cash and cash equivalents not held by joint ventures or captive insurance company	1,218,765		372,852
Total cash and cash equivalents	$	1,290,248	$	428,505

Property and Equipment

Property and equipment consisted of the following (in thousands):


	Estimated Useful	December 31,
	Lives in Years	2023		2022
Land	N/A	$	102,839	$	90,715
Buildings and leasehold improvements	5-30	456,004		396,003
Operating machinery, equipment and vehicles	1-25	3,069,882		2,726,546
Office equipment, furniture and fixtures and information technology systems	3-10	290,687		282,282
Construction work in progress	N/A	73,018		84,446
Finance lease assets and lease financing transactions	5-20	165,923		101,385
Property and equipment, gross		4,158,353		3,681,377
Less — Accumulated depreciation and amortization		(1,821,410)		(1,650,913)
Property and equipment, net of accumulated depreciation		$	2,336,943	$	2,030,464

Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following (in thousands):


	December 31,
	2023		2022
Accounts payable, trade	$	2,027,588	$	1,302,086
Accrued compensation and related expenses	526,221		469,048
Other accrued expenses	507,433		381,995
Accounts payable and accrued expenses	$	3,061,242	$	2,153,129