Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents (including $57,563 and $75,220 Cash of consolidated joint ventures)	$ 483,443	$ 483,609
Restricted cash and investments	1,145	3,606
Accounts receivable, net (including $173,640 and $190,643 Accounts receivable of consolidated joint ventures, net)	637,980	698,578
Contract assets (including $25,192 and $23,498 Contract assets of consolidated joint ventures)	568,239	576,568
Prepaid expenses and other current assets (including $6,657 and $3,045 Prepaid expenses and other current assets of consolidated joint ventures)	103,599	80,769
Total current assets	1,794,406	1,843,130
Property and equipment, net (including $2,283 and $2,629 Property and equipment of consolidated joint ventures, net)	110,617	121,027
Right of use assets, operating leases	194,484	210,398
Goodwill	1,263,060	1,261,978
Investments in and advances to unconsolidated joint ventures	86,045	68,975
Intangible assets, net	197,985	245,958
Deferred tax assets	147,146	130,200
Other noncurrent assets	45,554	56,038
Total assets	3,839,297	3,937,704
Current liabilities:
Accounts payable (including $85,425 and $97,810 Accounts payable of consolidated joint ventures)	191,688	225,679
Accrued expenses and other current liabilities (including $70,015 and $68,801 Accrued expenses and other current liabilities of consolidated joint ventures)	582,610	650,753
Contract liabilities (including $35,260 and $33,922 Contract liabilities of consolidated joint ventures)	196,547	201,864
Short-term lease liabilities, operating leases	53,997	54,133
Income taxes payable	2,582	4,980
Short-term debt	50,000	50,000
Total current liabilities	1,077,424	1,187,409
Long-term employee incentives	23,222	21,828
Long-term debt	590,876	539,998
Long-term lease liabilities, operating leases	164,754	182,467
Deferred tax liabilities	12,690	12,285
Other long-term liabilities	119,881	132,300
Total liabilities	1,988,847	2,076,287
Contingencies (Note 12)
Shareholders' equity:
Common stock, $1 par value; authorized 1,000,000,000 shares; 146,751,406 and 146,609,288 shares issued; 30,213,867 and 25,719,350 public shares outstanding; 72,288,913 and 76,641,312 ESOP shares outstanding	146,752	146,609
Treasury stock, 44,248,626 shares at cost	(899,328)	(899,328)
Additional paid-in capital	2,673,965	2,700,925
Accumulated deficit	(102,019)	(120,569)
Accumulated other comprehensive loss	(5,905)	(13,865)
Total Parsons Corporation shareholders' equity	1,813,465	1,813,772
Noncontrolling interests	36,985	47,645
Total shareholders' equity	1,850,450	1,861,417
Total liabilities and shareholders' equity	$ 3,839,297	$ 3,937,704