v3.25.2
Supplemental Cash Flow Information
 6 Months Ended
Jun. 30, 2025
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information
15. SUPPLEMENTAL CASH FLOW INFORMATION:
Restricted cash includes any cash that is legally restricted as to withdrawal or usage. 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):
June 30,
20252024
Cash and cash equivalents $509,460 $518,140 
Restricted cash included in “Prepaid expenses and other current assets”
1,406 2,243 
Restricted cash included in “Other assets, net”
1,887 1,364 
Total cash, cash equivalents, and restricted cash reported in the statements of cash flows$512,753 $521,747 
December 31,
20242023
Cash and cash equivalents $741,960 $1,290,248 
Restricted cash included in “Prepaid expenses and other current assets”
2,686 3,652 
Restricted cash included in “Other assets, net”
1,364 1,141 
Total cash, cash equivalents, and restricted cash reported in the statements of cash flows$746,010 $1,295,041 
Additional supplemental cash flow information is as follows (in thousands):
Six Months Ended
June 30,
20252024
Cash (paid) received during the period for:
Interest paid $(105,759)$(80,807)
Income taxes paid (1)
$(293,128)$(101,778)
Income tax refunds $5,583 $1,355 
(1) Income taxes paid during the six months ended June 30, 2025 include $8.9 million for the purchase of transferable tax credits from third parties.
Accrued capital expenditures were $20.0 million and $26.7 million as of June 30, 2025 and 2024. 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.