v3.26.1
Debt Obligations (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Long-term Debt Obligations
Quanta’s long-term debt obligations consisted of the following (in thousands):
June 30, 2026December 31, 2025
4.75% Senior Notes due August 2027
$600,000 $600,000 
4.30% Senior Notes due August 2028
500,000 500,000 
2.90% Senior Notes due October 2030
1,000,000 1,000,000 
4.50% Senior Notes due January 2031
500,000 500,000 
2.35% Senior Notes due January 2032
500,000 500,000 
5.25% Senior Notes due August 2034
650,000 650,000 
5.10% Senior Notes due August 2035
500,000 500,000 
3.05% Senior Notes due October 2041
500,000 500,000 
Borrowings under senior credit facility (including Term Loan)666,380 675,000 
Borrowings under commercial paper program448,000 316,000 
Lease financing transactions227,608 198,847 
Other long-term debt2,083 2,761 
Finance leases38,873 93,055 
Unamortized discount and financing costs(36,770)(40,757)
Total long-term debt obligations6,096,174 5,994,906 
Less — Current maturities of long-term debt674,312 763,898 
Total long-term debt obligations, net of current maturities$5,421,862 $5,231,008 
Quanta’s current maturities of long-term debt and short-term debt consisted of the following (in thousands):
June 30, 2026December 31, 2025
Current maturities of long-term debt$674,312 $763,898 
Short-term debt8,710 — 
Current maturities of long-term debt and short-term debt$683,022 $763,898 
Schedule of Interest on Senior Notes
The interest amounts due on Quanta’s senior notes on each payment date are set forth below (dollars in thousands):
Title of the NotesInterest AmountPayment DatesCommencement Date
4.75% Senior Notes due August 2027
$14,250 February 9 and August 9February 9, 2025
4.30% Senior Notes due August 2028
$10,750 February 9 and August 9February 9, 2026
2.90% Senior Notes due October 2030
$14,500 April 1 and October 1April 1, 2021
4.50% Senior Notes due January 2031
$11,250 January 15 and July 15January 15, 2026
2.35% Senior Notes due January 2032
$5,875 January 15 and July 15July 15, 2022
5.25% Senior Notes due August 2034
$17,063 February 9 and August 9February 9, 2025
5.10% Senior Notes due August 2035
$12,750 February 9 and August 9February 9, 2026
3.05% Senior Notes due October 2041
$7,625 April 1 and October 1April 1, 2022
Borrowings under Credit Facility and Applicable Interest Rates Borrowings under the senior credit facility, including the term loan, and the applicable interest rates were as follows (dollars in thousands):
Three Months EndedSix Months Ended
June 30,June 30,
2026202520262025
Maximum amount outstanding$686,076 $761,550 $719,483 $761,550 
Average daily amount outstanding$664,003 $694,775 $667,615 $707,584 
Weighted-average interest rate4.91 %5.63 %4.94 %5.68 %
Borrowings under the commercial paper program and the applicable interest rates were as follows (dollars in thousands):
Three Months EndedSix Months Ended
June 30,June 30,
2026202520262025
Maximum amount outstanding$1,000,000 $897,500 $1,000,000 $897,500 
Average daily amount outstanding $434,874 $591,190 $448,783 $383,818 
Weighted-average interest rate4.11 %4.90 %4.02 %4.82 %