Supplemental Cash Flow Information

3 Months Ended

Mar. 31, 2024

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

16. SUPPLEMENTAL CASH FLOW INFORMATION:

Reconciliations of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets that sum to the total of such amounts shown in the statements of cash flows are as follows (in thousands):

	March 31,
	2024		2023
Cash and cash equivalents	$	531,056	$	217,115
Restricted cash included in “Prepaid expenses and other current assets” (1)	1,097		6,059
Restricted cash included in “Other assets, net” (1)	1,228		950
Total cash, cash equivalents, and restricted cash reported in the statements of cash flows	$	533,381	$	224,124

	December 31,
	2023		2022
Cash and cash equivalents	$	1,290,248	$	428,505
Restricted cash included in “Prepaid expenses and other current assets” (1)	3,652		3,759
Restricted cash included in “Other assets, net” (1)	1,141		950
Total cash, cash equivalents, and restricted cash reported in the statements of cash flows	$	1,295,041	$	433,214

(1)    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):

	Three Months Ended
	March 31,
	2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used by operating leases	$	(25,909)	$	(23,627)
Operating cash flows used by finance leases	$	(722)	$	(28)
Financing cash flows used by finance leases	$	(2,100)	$	(422)
Lease assets obtained in exchange for lease liabilities:
Operating leases	$	28,255	$	30,876
Finance leases	$	362	$	13,277
Lease financing transaction assets obtained in exchange for lease financing transaction liabilities	$	25,616	$	2,237

Additional supplemental cash flow information is as follows (in thousands):

	Three Months Ended
	March 31,
	2024		2023
Cash (paid) received during the period for:
Interest paid	$	(29,006)	$	(17,606)
Income taxes paid	$	(22,240)	$	(17,386)
Income tax refunds	$	790	$	1,266

Accrued capital expenditures were $33.6 million and $20.5 million as of March 31, 2024 and 2023. The impact of these items has been excluded from Quanta’s capital expenditures in the accompanying condensed consolidated statements of cash flows due to their non-cash nature.