Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents (including $43,227 and $51,171 Cash of consolidated joint ventures)	$ 119,299	$ 182,688
Restricted cash and investments	7,423	12,686
Accounts receivable, net (including $202,462 and $166,355 Accounts receivable of consolidated joint ventures, net)	758,225	671,492
Contract assets (including $27,081 and $26,458 Contract assets of consolidated joint ventures)	626,513	575,089
Prepaid expenses and other current assets (including $11,587 and $11,182 Prepaid expenses and other current assets of consolidated joint ventures)	90,512	84,454
Total current assets	1,601,972	1,526,409
Property and equipment, net (including $2,752 and $2,945 Property and equipment of consolidated joint ventures, net)	124,600	122,751
Right of use assets, operating leases	231,269	233,415
Goodwill	1,044,014	1,047,425
Investments in and advances to unconsolidated joint ventures	65,716	68,620
Intangible assets, net	237,028	259,858
Deferred tax assets	124,816	130,401
Other noncurrent assets	59,190	61,489
Total assets	3,488,605	3,450,368
Current liabilities:
Accounts payable (including $89,974 and $85,869 Accounts payable of consolidated joint ventures)	235,381	216,613
Accrued expenses and other current liabilities (including $90,632 and $74,857 Accrued expenses and other current liabilities of consolidated joint ventures)	625,729	639,863
Contract liabilities (including $39,217 and $32,638 Contract liabilities of consolidated joint ventures)	241,178	230,681
Short-term lease liabilities, operating leases	47,217	49,994
Income taxes payable	1,819	7,231
Total current liabilities	1,151,324	1,144,382
Long-term employee incentives	21,458	56,928
Long-term debt	314,401	249,353
Long-term lease liabilities, operating leases	206,760	203,624
Deferred tax liabilities	9,234	9,621
Other long-term liabilities	118,049	125,704
Total liabilities	1,821,226	1,789,612
Contingencies (Note 12)
Shareholders' equity (deficit):
Common stock, $1 par value; authorized 1,000,000,000 shares; 146,440,701 and 146,440,701 shares issued; 22,271,174 and 21,772,888 public shares outstanding; 78,398,520 and 78,896,806 ESOP shares outstanding	146,441	146,441
Treasury stock, 45,771,008 shares at cost	(934,240)	(934,240)
Additional paid-in capital	2,652,227	2,649,975
Accumulated deficit	(206,052)	(218,025)
Accumulated other comprehensive loss	(23,114)	(14,261)
Total Parsons Corporation shareholders' equity	1,635,262	1,629,890
Noncontrolling interests	32,117	30,866
Total shareholders' equity	1,667,379	1,660,756
Total liabilities, redeemable common stock and shareholders' equity	$ 3,488,605	$ 3,450,368